The Business Times, 26 September 2007

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Microfilm: NL27803
Total Pages: 61
1 61 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mm a Singapore press holdings publication mica (p) 202/12/2006 Wednesday, September 26,2007
    22 words
  • Article
    Lock icon US consumer confidence tanks, home sales slide
    618 1 Weaker business conditions, less favourable job market cast cloud over consumers [WASHINGTON] Sales of existing homes, depressed by turmoil in credit markets, fell for a sixth straight month in August, pushing activity to the lowest point in five years. Meanwhile, US consumer confidence
    618 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 Tuesday Change 1,316.43 -0.81 KLCOMP NIKKEI 225 16,401.73 +89.12 HANG SENG 26,430.29 -121.6 SET INDEX 835.18 -1.33 JAKARTA COM P 2,330.36 -23.27 MANILA COMP 3,440.67 +6.22 SEOUL COMP Closed SHENZHEN B 766.08 -0.06 MUMBAI IND 16,899.54 +53.71 12NOONEDT Change 13,758.65 -0.41 DOW NASDAQ 2,671.77 +3.82
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    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.456 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.88 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.501 (US$/S$ )er 2.011 3.020 ;URO(US$/S$/E) 1.408 2.113 'EN 114.70 76.40 3.441 2.292 IK$ 7.773 5.177 !AHT 34.19 22.77 IUPIAH 9,163 6,103 IENMINBI 7.516 5.006 INDIAN RUPEE 39.83 26.53 1.159 0.772 IZ$ 1.359 0.906
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  • Article, Illustration
    Lock icon Redas: Mass market poised for double-digit growth
    404 1  -  UMA SHANKARI En bloc sales slow after introduction of new rules by govt [SINGAPORE] The Real Estate Developers' Association of Singapore (Redas) yesterday said that it expects "double-digit" price growth in the mass market over the next 12 months. "The mass market hasn't
    ARTHUR LEE  -  404 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      62 1 AVIATION T~j U MOTORING CLIPPER RACE '^J^J^^% EXEC MONEY SilkAir plans Used car market The first Ssi B^ Shopping for big expansion Xa rebounds night fc BvfA, emerging markets PAGE 24 V V\ PAGE 35 PAGE 22 Xm^Mji^Lj^ PAGE 38 pp^^^naj mjm\ m The call of the sea Singapore maritime
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  • TOP STORIES
    • Article
      Lock icon S'pore to sail beyond port to maritime centre
      685 2  -  CONRAD RAJ There's a need for such centres in Asia as shipping grows, says MM Lee [SINGAPORE] Singapore will do all it can to retain its position in the maritime world. In fact, it could expand its role. Delivering the Inaugural Maritime
      685 words
    • Article, Illustration
      Lock icon Of mooncake and property
      339 2 It was the Real Estate Developers Association of Singapore's Mid-Autumn Festival lunch yesterday. And thoughts turned, of course, to the Singapore property market. Here's what three property consultants see as the market's prospects. "The $64 million question is whether the current turmoil is a six-month problem
      339 words
    • Article
      Lock icon No price regulation for S'pore media firms
      622 2  -  ROLAND LIM WINSTON CHAI MDA to focus on other means to check excessive fees [SINGAPORE] Media companies in Singapore were yesterday told they will not have to face price regulation. The second draft revision of The Code of Practice for Market Conduct in
      622 words
    • Article
      Lock icon 4 front-runners cited for DBS hot seat
      399 2  -  SIOW LI SEN Hsien Yang, Francis Rozario among those seen as likely [SINGAPORE] A day after Jackson Tai announced his resignation as chief executive of DBS Group Holdings, speculation raged over his possible successor. The names that came into the frame included former
      399 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Myanmar troops pour into central Yangon
        71 2 THE Myanmar junta poured troops and police armed with rifles into central Yangon yesterday in an attempt to end the biggest demonstrations against military rule in nearly 20 years. Hundreds of them surrounded the Sule Pagoda, focus of two days of mass protests led
        71 words
      • Article
        Lock icon S'pore-KL shuttle freed from Competition Act
        71 2 IN a move to address a long-standing technical inconsistency, the Minister for Trade and Industry has excluded the Air Shuttle Service Operation Agreement from Singapore's Competition Act. The Exclusion Order signed by Lim Hng Kiang yesterday, frees the 1982 bilateral arrangement which gave Malaysia
        71 words
      • Article
        Lock icon SGX again dismisses merger rumours
        58 2 FOR the second time in less than a week, Singapore Exchange yesterday dismissed rumours that it was in merger talks. Following its $2 surge on Monday to $13.70, the stock of SGX retreated in early trading yesterday, tumbling 90 cents before recovering to end the
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      • Article
        Lock icon More shipping trusts expected to list soon
        47 2 SEVERAL shipping trusts will offer shares in Singapore in the coming months as ship owners and operators seek alternative sources of financing, adding to three existing trusts listed in the city-state, a KPMG official said yesterday. COMPANY NEWS, PAGE 8
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      • Article
        Lock icon Expansion of healthcare infrastructure to top $2b
        64 2 THE expansion of Singapore's healthcare infrastructure is likely to cost the nation more than $2 billion over the next 10 years, and the bill will have to be jointly funded by the government, employers and patients, said Health Minister Khaw Boon Wan. This
        64 words
      • Article
        Lock icon GE to join UEM in S Johor town project
        84 2 MALAYSIAN property developer UEM Land has roped in US firm General Electric as a strategic partner in plans it is spearheading to build a new Asian boomtown in the country's southern region of Johor. A spokeswoman for UEM Land said the
        84 words
      • Article
        Lock icon Used car market rebounds as choice widens
        64 2 THE used car market is revving back to life and some dealers expect it to grow even stronger in the next couple of years. "The used car market is very, very positive right now," says Eddie Loo, managing director of Car Times. "I
        64 words
    • Article
      Lock icon Myanmar junta piles on troops, tension rises
      759 3 Reuters, AFP, AP Soldiers surround Sule Pagoda, focus of two days of mass demonstrations [YANGON] The Myanmar junta poured troops and police armed with rifles into central Yangon yesterday in an attempt to end the biggest demonstrations against military rule in nearly 20
      – Reuters, AFP, AP  -  759 words
    • Article
      Lock icon S'pore-KL shuttle freed from Competition Act
      325 3  -  YEN SREENIVASAN Exclusion Order signed by Trade Industry Minister [SINGAPORE] In a move to address a long-standing technical inconsistency, the Minister for Trade and Industry has excluded the Air Shuttle Service Operation Agreement from Singapore's Competition Act. The Exclusion Order signed by Lim Hng
      325 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      186 2 Don't wait till it breaks and lose sleep over it. To rest well, you need a secure infrastructure. Like sleep, the security of your IT systems will be twice as cherished when you lose it, and probably thrice as painful. Ensure that your IT systems are configured to protect the
      186 words
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      Lock icon Page 2 Advertisements Column 2
      10 2 people t HR's secret WOrK weapon. www.thepeopleatwork.com Asia-Pacific Executive Search
      10 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SGX again dismisses merger rumours
      369 4  -  CONRAD TAN Stock unchanged at record $13.70 level after early pull-back from Monday's rise FOR the second time in less than a week, Singapore Exchange (SGX) yesterday dismissed rumours that it was in merger talks. "We refer to the M&A (mergers and acquisitions) rumours concerning
      BLOOMBERG FILE PHOTO  -  369 words
    • Article
      Lock icon S'pore should reclaim top spot in corporate governance rankings
      805 4  -  MICHELLE QUAH IT was a sobering wake-up call for Singapore this week: the Republic was dropped from the I top spot in a widely recognised I ranking of Asian nations for their standards of corporate governance. Singapore should, however, not react
      805 words
    • Article
      Lock icon Asian firms score poorly on green issue awareness
      657 7  -  MICHELLE QUAH Spore ranked 7th after HK in survey of 11 countries by governance body BY ASIAN companies appear to be oblivious to the issues and risks associated with climate change, says the Asian Corporate Governance Association (ACGA). The observation, while not
      657 words
    • Article
      Lock icon Medtecs explores conversion of shares to TDR
      352 7 MEDTECS International Corporation is exploring a scheme to enable its ordinary shares traded on the Singapore Exchange (SGX) to be converted to Taiwan Depository Receipts (TDR) traded on the Taiwan Stock Exchange (TSE). The company said yesterday it was doing so to address
      352 words
    • Article
      Lock icon Insider trader to pay $100,000 civil penalty
      321 7 THE Monetary Authority of Singapore (MAS) has taken civil penalty enforcement action against a former senior executive of AEM-Evertech Holdings for insider trading. The action was taken against Wong Chin Ming for two separate insider trading contraventions under the Securities and Futures Act
      321 words
    • Article
      Lock icon More shipping trusts expected to list soon
      257 8 Reuters KPMG official says many of the planned IPOs are works in progress SEVERAL shipping trusts will offer shares in Singapore in the coming months as ship owners and operators seek alternative sources of financing, adding to three existing trusts listed in the
      – Reuters  -  257 words
    • Article, Illustration
      Lock icon Q3 profit growth may fall on higher costs: Beauty China
      418 8 Reuters BEAUTY China Holdings, which sells cosmetics and skincare products in China, said yesterday third-quar-ter profit growth may dip below the 30 per cent rate seen in the first half of 2007 due to higher costs. The company, which bought
      ■ Reuters  -  418 words
    • Article
      Lock icon Fresh blocked gas pipeline row erupts
      536 8  -  RONNIE LIM Keppel Gas seeks EMA's help to resolve the dispute ANOTHER blocked gas pipeline dispute has blown up into the open. Keppel Corp (KepCorp) subsidiary Keppel Gas which has been unable to gain access to the onshore gas pipeline grid to bring in
      536 words
    • Article, Illustration
      Lock icon S'pore to host CFA Institute meet in 2013
      392 8 CFA Singapore, an affiliate member society of CFA Institute, celebrated its 20th anniversary by presenting an inaugural Special Service Award to George Teo, the founding president of the society and former deputy chairman of the Singapore stock exchange. The society also presented,
      392 words
    • Article
      Lock icon Courage Marine eyes record results on boom in shipping freight rates
      441 8 Reuters SINGAPORE-listed Courage Marine expects to post record results for this year, thanks to a boom in shipping freight rates, but the firm is cautious about expanding, its chairman told Reuters yesterday. The shipping firm's Taiwan-based chairman Hsu Chih-chien
      – Reuters  -  441 words
    • COMPANY BRIEFS
      • Article
        Lock icon Kaplan Funds Mgt buys into Freight Links
        93 8 KAPLAN Funds Management, manager of the KFM Diversified Infrastructure and Logistics Fund (KIL) and Kaplan Equity Ltd (KEL), has subscribed for a placement of 180 million new shares in Freight Links Express Holdings (FLEH) at $0.10 per share The net proceeds, amounting to
        93 words
      • Article
        Lock icon Nera wins $40.6m telecom contract
        46 8 NERA Telecommunications said it has signed a $40.6 million contract with a government organisation in Asia for the supply, delivery, installation, testing and commissioning of an integrated telecommunication system. The contract will be implemented over a period of about two years.
        46 words
      • Article
        Lock icon Sinostar IPO 8.8 times subscribed
        49 8 SINOSTAR PEC Holdings, a producer and supplier of downstream petrochemicals, said its initial public offering was 8.767 times subscribed. The total invitation size was 160.4 million shares, comprising 150 million new shares and 10.4 million vendor shares. The issue price was $0.38 per share.
        49 words
      • Article
        Lock icon SPH launches omy bilingual web portal
        63 8 SINGAPORE Press Holdings yesterday officially launched the bilingual web portal, omy (www.omy.sg). Targeted at online users from 18 to 35 years old, omy engages them through new media channels: SMS, MMS, vodcast, podcast, Internet forum and blogs. omy currently enjoys close to a total
        63 words
    • Article, Illustration
      Lock icon SIM-UB's EMBA a hit with companies
      656 9 FONG Kah Seng, general manager of luxury boutique hotel The Scarlet, is glad that he did the Executive Master of Business Administration (EMBA) programme offered by SIM and the University at Buffalo (UB), The State University of New York. "The Scarlet is a luxury
      656 words
    • Article, Illustration
      Lock icon EMBA provides an enriching experience
      248 9 CHOW Qian Yao, who is now enrolled in the SIM-UB EMBA programme, has always been a strong believer of continuous learning. "I chose to take up the SIM-UB EMBA programme to broaden and deepen my business management knowledge to be better equipped to approach business
      248 words
    • Article, Illustration
      Lock icon EMBA of great help in business start-up
      271 9 WHEN Thomas Chiam was deciding on a MBA programme, he was working for an IT multinational company, holding a regional portfolio that required frequent travel. He decided to go with SIM-UB EMBA as, among other things, it came with a proven track record
      271 words
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      1444 4 V IN THE MATTER OF THE COMPANIES ACT, CAP. 50 MR AND IN THE MATTER OF WlM\ STETSYS PTE LTD I ,^\^^J (REG. NO. *****7769 M) (INCORPORATED IN SINGAPORE) KXD DIGITAL ENTERTAINMENT LIMITED $S%Z&2£Z$ t£!2£& (\nf*nmnratart in Qinnannrat helcJ at 608 Orcnara Road, #06-18 The below were duly passed: NOTICE
      1,444 words
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      Lock icon Page 4 Advertisements Column 2
      599 4 _t ContactCentreAssociationofSingapoie The Contact Centre Association of Singapore (CCAS) is a non-profit, independent organization which aims to^W^ harness existing expertise and promote the development of a world-class contact centre industry in Singapore and across the region. Its mission is to develop the awareness and professionalism of the contact centre industry
      599 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI loses steam in volatile session
      553 6  -  R SIVANITHY STOCKS AFTER Monday's 96-point jump it might have been expecting too much to hope for the Straits Times Index to turn in a similar performance yesterday. As it turned out, the index underwent a volatile session, alternating between bouts of bullishness and
      BLOOMBERG  -  553 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      108 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 6 8 3 0 0 0 6 8 3 lanufacturing 65 73 72 14 14 15 79 87 87 Commerce 21 26 30 24 35 36 )t/Stor/Comms 17 13 10 20 13 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 6 TURNOVER ('000] MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 82,338 82,338 150,791 150,791 Manufacturini 339,473 152,885 492,358 326,795 45,225 372,020 Commerce 336,116 9,462 345,578 119,407 2,781 122,188 Tpt/Stor/Comms 100,465 9,348 109,813 291,038 9,108 300,146 Finance 46,214 80 46,294 504,315 21 504,336 Construction 169,162 56,445
      124 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      227 6 Stock name Wt Close Change Allgreen 0.50 1.760 -0.020 Ascendasreit 0.91 2.640 +0.040 CapitaComm 0.52 2.680 -0.070 Capita Land 5.02 8.150 -0.050 CapitaMall 0.93 3.740 -0.040 Chart SemiCond 0.53 1.050 -0.010 CityDev 3.00 16.500 +0.200 ComfortDelGro 1.29 1.940 -0.020 Cosco Corp 1.64 5.250 Creative Tech 0.15
      227 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      745 6  -  CONRAD TAN Wilmar International Sept 25 close: $3.60 CIMB, Sept 25 RAISING price forecasts: Taking into account recent changes in the demand and supply of global edible oils, we have raised our international crude palm oil (CPO) price forecasts by 10 per cent to US$76O per tonne (CIF)
      745 words
    • Article, Illustration
      Lock icon Euro below record high as German sentiment slides
      434 6 -AFP CURRENCIES [LONDON] The European single currency rose against the dollar yesterday but remained below its record high after a worse-than-expected business sentiment survey in Germany. The euro was changing hands at U551.4092 in early European trade, compared with U551.4084 in New
      -AFP; AFP  -  434 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      46 6 CLOSE 163.00 -85.00 BT OB/OS BT CADI -*****.00 -22.00 BT 10-day MA -*****.00 +16.00 All-SG Equities 985.11 -1.65 SG Equities Elect 125.17 -0.63 SG Equities Fin 2508.51 -10.75 SG Equities Prop 1562.46 -3.58 SIMSCI 444.35 -2.14 SIMSCI Futures 443.80 -5.40 PrimePartnersCI 247.98 1.33
      46 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Diqiland 195,558,000 Gen Intl 153,214,000 Tuan Sing 60,517,000 Mediaßinq 58,072,000 Yonqnam 52,772,000 SinqXpress 46,915,000 Ban Joo 38,018,000 Yanqzijianq 32,805,000 Alantac 30,713,000 TopGlobal 30,234,000 VALUE(S) DBS Grp 259,467,325 SGX 119,055,528 Gen Intl 106,538,890 Keppel Corp 88,109,100 SingTel 73,095,660 Yanqzijianq 61,651,035 HK Land 58,840,470 Capita Land 58,423,510 UOB
      56 words
    • Article
      Lock icon RISES
      102 6 CLOSE UP 1800 50.0 2.9 Jardine C&C SGXMBLeCW*****4 81.5 40.5 98.8 SIA 10 1890 30.0 1.6 SIA 200 1900 30.0 1.6 Sham iLa Asia 2340 23.2 5.4 CLI RBeCW*****5 173 20.0 13.1 At 1650 20.0 1.2 Dain 462 15.0 2.2 JSH 1550 15.0 0.6 CLI RBeCW*****5 116 13.0 12.6
      102 words
    • Article
      Lock icon FALLS
      117 6 CLOSE DOWN GLD 10US$ 7200 75.0 0.7 China H 10US$ 2090 75.0 2.3 JMH 2850 45.0 1.0 Kei il Con 1360 40.0 2.9 YHS 210 40.0 16.0 DBS Bk6% NCPS 10 ***** 30.0 0.3 MOIL 226 22.5 6.2 .re Land 1020 20.0 1.9 UOL 530 20.0 3.6 Hi, Moh
      117 words
    • Article
      Lock icon CURRENCIES
      84 6 Where S$ stands Sep 25 CHNG CLOSE FRSep24 YR 2007 S$ LOW S$ HIGH USS 1.4997 0.09 1.5479 1.4990 Euro 2.1147 0.13 2.1254 1.9913 Pounds 3.0203 0.66 3.1194 2.9323 AS 1.2980 0.40 1.3411 1.1741 Yen* 1.3069 -0.06 1.3821 1.2285 Rupiah* 0.***** 0.42 0.***** 0.***** Baht* 4.3819 0.11 4.5700 4.1730
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      144 7 JjMS£**^- —r—^^^^*»Jml^^ -^4 SSBB«X>ooo6f9ywvW\AAAAAn 1111 1111 lnMA\AMMM?y>oo<><XXBBBg^ *****1 111 n\AAAAAWY9yyx>oo<xSBSBs LISTEN. IT'S YOUR HEART RACING FASTER. It's power you sense even before you get behind its 'R' steering wheel. Hugging the road like a jealous lover, its supercharged 4.2 L V 8 engine propels you from 0-100 km/h in a
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      233 8 You're often asked to think out-of-the box. Here, you can clearly \^^^^M see what this Material Tall Boy "box" is all about. A neo-retro H 'con'c styling that is unquestionably outside the box. 1 IJII jI I i\t Inside the box, you have more to discover: ft fckV B^^| tfVBjBpKA
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      327 9 I *Dl W-Wr* University at Buffalo ILII GLOBAL The State University of New York EDUCATION SIM-UB EMBA Class of 8007 Chew Tsuey Ngor Grace, regional manager, customer service Asia-Pacific, Kohler Co Power Systems Asia Pacific Chua Chiew Ping, head of department, Ministry of Education Chua Chye Poh, executive director, Eastport
      327 words
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  • SINGAPORE NEWS
    • Article
      Lock icon $2b needed for healthcare infrastructure
      565 10  -  CHEN HUIFEN Bill to be borne by government employers, patients; means testing to come into play: Khaw THE expansion of Singapore's healthcare infrastructure is likely to cost the nation more than $2 billion over the next 10 years, and the bill will have to be
      565 words
    • Article, Illustration
      Lock icon Moleac plans to test traditional Chinese stroke drug
      246 10 Reuters SINGAPORE-BASED drug firm Moleac, which has turned a traditional Chinese medicine into a treatment for stroke patients, said it would launch a clinical trial for the product in October. NeuroAid, which is made up of a mixture of 14 extracts and
      – Reuters  -  246 words
    • Article, Illustration
      Lock icon Life Insurance Association to hand out consumer guide
      304 10  -  CONRAD TAN Customers to get one before any policy is offered THE Life Insurance Association (LIA) has published a new consumer guide to help people make better choices when buying life insurance. From Oct 1, all financial advisers and insurance representatives will
      FILE PHOTO  -  304 words
    • Article, Illustration
      Lock icon Mandarin Oriental opens after massive renovation
      237 10  -  NISHA RAMCHANDANI THE Mandarin Oriental, Singapore made its debut yesterday, following a mul-ti-million-dollar renovation and renaming of The Oriental, Singapore. The refurbishment of the hotel, which began in 2005, saw the redesign of 527 guestrooms and suites. Additionally, enhancements were made to all public
      237 words
    • Article
      Lock icon $80m maritime fund extended
      360 10  -  OH BOON PING 5-year extension aimed at dealing with talent crunch in sector THE government is extending the $80 million Maritime Cluster Fund (MCF) for a second five-year term starting from next year, says Transport Minister Raymond Lim. Speaking at the International Maritime Awards ceremony yesterday,
      360 words
    • Article, Illustration
      Lock icon Sentosa's strata landed site goes for $78.7m
      383 10  -  UMA SHANKARI Boutique developer Elevation bags The Green Collection SENTOSA Cove's only strata landed housing development, The Green Collection, has been sold for $78.7 million, or some $1,099 per square foot per plot ratio (psf ppr). Boutique developer Ele- vation Developments won the
      383 words
    • Article
      Lock icon Jalan Sultan conservation shophouses up for tender
      304 10  -  KALPANA RASHIWALA By SEVENTEEN two-storey conservation shophouses opposite Key Point at Jalan Sultan were yesterday offered to suitable investors by the Urban Redevelopment Authority (URA). The reserve-list site is 0.14 hectares in size. A URA spokeswoman said: "The land parcel can be put
      304 words
    • Article
      Lock icon S'pore ranks third in world for meetings held last year
      316 10  -  NISHA RAMCHANDANI SINGAPORE has risen to be ranked as third city in the world for meetings held last year, up from its fourth position in 2005, as shown by international meetings statistics compiled by the Union of International Associations (UIA).
      316 words
    • Article
      Lock icon Re-employment must make sense to businesses and workers: Swee Say
      474 10  -  WEE LI-EN Unionists should be careful about lobbying for medical benefits: Eng Hen RE-EMPLOYMENT of older workers can only be successful if a pro-business and at the same time pro-worker approach is taken, secretary-general of the National Trades Union Congress
      474 words
    • Article
      Lock icon S'pore is world's sth largest forex hub, Asia's No 2
      340 11  -  OH BOON PING Average daily turnover up 84% at US$23l b this year from 2004: survey SINGAPORE is now the fifth largest foreign exchange (FX) centre in the world and the second largest in Asia, according to a survey by
      340 words
    • Article, Illustration
      Lock icon SICC sets course beyond golf
      456 11  -  ARTHUR LEE THE Singapore Island Country Club (SICC) yesterday broke ground for a US$6O million ultra-modern new clubhouse at the Island location off Upper Thomson Road. Work is scheduled to be completed in 2009. Club president Giam Chin Toon said that the construction of the
      ARTHUR LEE  -  456 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon MGP Berth wins Marina View site
        67 11 THE Urban Redevelopment Authority (URA) yesterday awarded Marina View Land Parcel A to MGP Berth Pte Ltd, a unit of Macquarie Global Property Advisors, which placed the highest bid for the 99-year leasehold site at a state tender that closed last week. The winning
        67 words
      • Article
        Lock icon S'pore, Mercosur sign MOU
        56 11 SINGAPORE and Mercosur (Mercado Comun Del Sur, the Latin American common market) signed a memorandum of understanding on trade and investment cooperation on Monday in New York. The MOU was signed on the sidelines of the UN General Assembly by Foreign Minister George Yeo and ministers
        56 words
    • Article
      Lock icon Sennheiser consumer electronics unit opens branch here
      229 11  -  OH BOON PING SENNHEISER Electronic, known for its microphones, headphones and RF wireless systems, has opened a Singapore branch of its new subsidiary, Sennheiser Consumer Electronics. The company said the office here will primarily focus on product marketing, project management, highvolume consumer headphone
      229 words
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      347 10 pn BB^^^^^M^^^^^^^^B^B^^R^^B^^B^'BF^VT^WT^T^^^^^^B^^^^HH^^^^Vn^Bßj B^^^B^PSv^9^*r^Bl 1 Dependent on wellness score obtained from the complimentary health screening under AIA Wellness Programme, and subject to terms and conditions determined by AIA. Renewal premium discount is not available until the Insured is at least 21 years old. 2 Benefit is payable provided hospital confinement is
      347 words
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      1602 11 IH-J LUM CHANG holdings limited (Incorporated in the Republic of Singapore) Company Registration No.: *****3949N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 25th Annual General Meeting of the Company will be held at Grand Plaza Park Hotel, City Hall Singapore, Ballroom 1, Level 2, 10 Coleman
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      3 11 I üßfc!\v Hflfffli
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      43 12 I I Heartiest Congratulations to BP SINGAPORE PTE LTD on achieving the BUNKER AWARD 2007 from V United Maritime Pte Ltd i HE' Jr^^' Ti' Mo smiKiHi; y^n^L.Qj S\ I|\ b 'I*.^ Till jc.^iiT-'-rair i !S C C C :[Tfi'^ /.^l BBBB' jj'-
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  • ECONOMY WATCH
    • Article
      Lock icon World Bank to cut rates for developing nations
      355 13 -AFP It will contribute up to USs3.sb to the Int'l Development Association [WASHINGTON] For the first time in nearly a decade the World Bank is set to make meaningful cuts in the interest rates it charges China, Brazil, Mexico and other big
      -AFP  -  355 words
    • Article
      Lock icon Zeti cool towards offshore ringgit trade, says paper
      269 13 Reuters [KUALA LUMPUR] Malaysia's central bank chief does not believe that allowing the ringgit to be traded offshore will help boost overseas investments in the country, Malaysia's Business Times newspaper said yesterday. "No, Malaysia has received FDIs for more than 100 years
      Reuters  -  269 words
    • Article, Illustration
      Lock icon US rates could move either way: Fed official
      492 13 Reuters [DALLAS] Federal Reserve Bank of Dallas president Richard Fisher on Monday said that the US central bank cut interest rates last week to avert an unacceptable economic slowdown and that it could move again, in either direction. "FOMC (Federal Open Market
      Reuters  -  492 words
    • Article
      Lock icon IMF raises South Korea's GDP forecast
      484 13 Bloomberg Fund also sees room for central bank to cut interest rates [SINGAPORE] South Korea's economy will grow faster than earlier expected and contained inflation will allow the central bank to lower interest rates, the International Monetary Fund (IMF) says. The US$B77 billion economy
      Bloomberg  -  484 words
    • Article
      Lock icon Fed adopts broker rules for banks after eight-year delay
      196 13 Bloomberg [WASHINGTON] The Federal Reserve has approved new rules defining securities transactions that banks can conduct without registering as brokers, ending an eight-year impasse with the US Securities and Exchange Commission (SEC). The rules, adopted on Monday at a Fed meeting
      Bloomberg  -  196 words
    • Article
      Lock icon BURSA MALAYSIA
      2383 13 ;ep25 RM C000) \&M Realty 0.88 \bricBhd 0.28 \dvance Synergy 0.32 Vjventa Bhd 1.45 \eMulti Hldgs 0.30 \ffin Holdings 2.50 \hmad Zaki Resou 4.42 SjcCorp 0.55 \irasia Bhd 1.81 \kn Messaging Te 0.20 \kn Technology 0.82 Alliance Financi 3.18 \luminium Co 1.29 \malgamated Ind 0.53 \minvestment Grp 3.66
      2,383 words
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      128 13 llHl HARRIET EctataLoan: > JBtaMafcLßusiness School ■fe&aff j"»i7*il~*-ir\l/ tW/=7ts=; ■•■m Ao- ob"«ocTid> citiuanK WORK STUDY UK CAREER ADVANCEMENT PROGRAM (Full-Time/Part-Time) EXECUTIVE TRAINEE PROGRAM atek^WPWi| monthly^ CALL *****175 or email us wns@harrietgroup.com I Prior registration required. Late comers strictly not allowed. tßfm We reserve the right to deny entry. 2 fet-V^jlSfr
      128 words
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      112 14 Drive a luxury American import CHRYSLER MILLENIA WALK ROAD SHOW SPECIAL! TUE 25 SAT 29 SEP. SEE YOU THERE! /f^Y^^~ >\ Sebring *J I 2 years free service hf^^^^L- 2 years free Road Tax 1 year free service \jß^^^^9r' ~73M^^F\ V 1 year free Road Tax M ff^A PT Cruiser
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  • INDONESIA
    • Article, Illustration
      Lock icon Provincial offices no longer able to legalise companies
      536 15  -  LAUREL TEO Jakarta moves after survey finds that decentralisation took even longer to start a business in Jakarta SIX months after the Indonesian government devolved full power to provincial offices to legalise companies, the move has been reversed. The U-turn comes after
      536 words
    • Article
      Lock icon Jakarta ends VAT on cooking oil
      242 15 -AFP [JAKARTA] The Indonesian government has removed a 10 per cent value-added tax (VAT) on non-branded cooking oil in a bid to push down its soaring price, which is hurting low-income families, the economy minister said. Cooking oil prices have been rising in Indonesia
      -AFP  -  242 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7621 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.091/ Star Europe Bond 1.212/ Star Europe Bal 1.269/ Star Asian Tiger Eqty 1.713/ Star Asia Bond 1.286/ Star Asia Balanced 1.111/ Star Global Technology Fund!** 0.245/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.854/ Gib Multi St USD
      7,621 words
  • Page 15 Advertisements
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      86 15 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 i^ji AVOID THE POPULAR HL When any method for selecting stocks becomes popular, then switch to unpopular methods. Ja
      86 words
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      126 16 'Heartiest Congratulations to BP SINGAPORE PTE LTD on achieving the BUNKER AWARD 2007 jf ""i^" fc^_m? ft Jm\ T- FWW I FEOSO ("the Group") is a business group established in Hong Kong for over JfA 30 years. With headquarters in Hong Kong, the Group has branches, representative /0B?&, offices or
      126 words
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  • MALAYSIA
    • Article
      Lock icon GE to join UEMin S Johor town project
      354 17 Reuters They're set to sign pact to explore opportunities to develop Nusajaya [KUALA LUMPUR] Malaysian property developer UEM Land has roped in US firm General Electric as a strategic partner in plans it is spearheading to build a new Asian boomtown in
      ■ Reuters  -  354 words
    • Article, Illustration
      Lock icon Panel to examine 'judge-fixing' video
      316 17  -  PAULINE NG MALAYSIA has set up an independent panel to ascertain the authenticity of a video clip in which an alleged senior lawyer appears to be brokering or fixing the appointment of senior judges. Deputy Prime Minister Najib Razak yesterday announced that the threeman panel
      316 words
    • Article, Illustration
      Lock icon Gas price hike to hit Tenaga profit
      209 17 Reuters [KUALA LUMPUR] Malaysia's state power firm Tenaga Nasional stands to lose RM4BO million (*****.6 million) in earnings for every RMI increase in the price of gas sold by state oil firm Petronas to the power sector, its chief financial officer said yesterday.
      ■ Reuters; REUTERS  -  209 words
    • Article
      Lock icon RCE Capital eyes stake in Malaysia Building Society
      485 17 Rev- ters No response yet from lender with mortgage focus [KUALA LUMPUR] Malaysian consumer-credit firm RCE Capital Bhd voiced interest yesterday in buying a stake in Malaysia Building Society, one of the few local lenders that does not operate under a banking
      – Rev; ters  -  485 words
  • Page 17 Advertisements
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      523 17 RRI H Diners Club Card r oapp ac «//64i6 0980 K^^^^^S MB .A TCWJ of Exclusive Privileges Treats fl~|^fc Z>zVzero C/wfc m www.ctiners.com.So Intel national J^fl£9fih>. i_. r^T^ i i| I v,". J W ?LCT\ o f— Savour the Best HP|fc^#, affjT^ 3^ or Brazilian and Japanese Flavours Allow your
      523 words
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  • GREATER CHINA
    • Article
      Lock icon WTO sets up panel to probe China for copyright violations
      324 18 AP GENEVA] The World Frade Organisation (WTO) yesterday opened a formal nvestigation into illegations that China is oroviding a safe haven for oroduct piracy and counterfeiting, the most ?ar-reaching of four current trade disputes oetween Washington and Beijing, trade officials
      AP  -  324 words
    • Article, Illustration
      Lock icon Construction Bank up 32.3% on debut trade
      458 18 ■AP Initial offering on Shanghai Stock Exchange raises record 58b yuan [SHANGHAI] Shares in China Construction Bank, the country's second-largest bank by assets, rose 32.3 per cent yesterday in their first day of trading. But the rise fell short of expectations amid signs
      ■AP; BLOOMBERG  -  458 words
    • Article
      Lock icon China cracks down on 564 food firms in safety drive
      392 18 Bloomberg [BEIJING] China's quality and safety watchdog cancelled the licences for 564 food makers, part of stepped-up efforts to crack down on unsafe food. The General Administration of Quality Supervision, Inspection and Quarantine said more than half the companies failed
      ■ Bloomberg  -  392 words
    • Article, Illustration
      Lock icon Lenovo still Very interested' in acquiring Packard Bell
      333 18 Reuters It says it could still have a chance if Gateway-Packard Bell deal isn't signed [BEIJING] Lenovo Group Ltd, the world's No. 3 maker of personal computers, said yesterday that it still held out hopes of acquiring Packard Bell BY even after
      Reuters; AFP  -  333 words
    • Article
      Lock icon HK home prices may rise 33% by 2009: ÜBS
      214 18 erg Bloomb- [HONG KONG] Hong Kong's home prices may jump as much as 33 per cent between now and the end of 2008, extending gains as wages rise amid a lack of new housing, ÜBS AG said. Housing prices are strong
      erg; Bloomb-  -  214 words
    • Article
      Lock icon New system to better protect whistle-blowers
      153 18 ■AFP [BEIJING] Whistle-blowers who report crimes and corruption in China will be better protected as the country establishes a new Internet and phone reporting system, state media said yesterday. According to the Supreme People's Prosecution Office, 60 per cent of nearly 200,000 cases it
      ■AFP  -  153 words
  • Page 18 Advertisements
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      265 18 I —r- r \/~-j ur \\i r-- j Raffles International Leadership Lecture 2007 DI^jCD Jr,si sIDJJ Lr.J-iDr.il^j Presented by Capita Land JVJ^\ilr*/>JsJ^LJlyJ^ilil ]/JOs~lLD ]fJlD "Leadership in Challenging Times" "-V -—i. The Raffles International Leadership Lecture Series is an ideal event for senior executives and top magnates. Through keynote addresses and
      265 words
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      Lock icon Page 19 Advertisements Column 1
      105 19 f ll***l W;H i 351 i ■'■'■'■;'.':-'-'■'< Motors Limited ''J^T^r^ f ;i.' i:.; r r:.' C.';.;: J1..: i... iii.i! i. i J; i&iitjlJP-''- '.'.W v :V^^ pml.com.sg Driving Pleasure ?Z m r^^i^^H i'-;-i^**l lkl*'" v \^kl I 1 t■- iV+Vf' \W^' ;;.».,.....-•••••••••••■•••»-.»•»«>»<•". •>, ,2a^^H 5 t <VA* i-v'iiV W^1 iij'f.
      105 words
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  • INDIA
    • Article, Illustration
      Lock icon Outsourcing comes full circle in India
      975 20 Country's success as a back office works so well, it is now exporting jobs to other places [MYSORE, India] Thousands of Indians report to Infosys Technologies' campus here to learn the finer points of programming. Lately, though, packs of fair-skinned foreigners have been roaming
      AFP  -  975 words
    • Article
      Lock icon Central bank may ease outflows
      165 20 Reuters [MUMBAI] India's central bank is planning to allow companies, mutual funds and residents to invest more funds overseas to keep a lid on the rising rupee and money supply, the Economic Times newspaper reported yesterday. The central bank is awaiting the government's approval for
      ■ Reuters  -  165 words
  • Page 20 Advertisements
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      97 20 win the business while winning the round Working with others doesn't always happen in the workplace. Especially when you don't want it to. And it's more than possible when you have the collaborative connectivity of Nokia Eseries. Showcase your team's presentation on an impressive widescreen, or play them a demo
      97 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon BP shares slide on report of staff cuts, revamp
      487 21 Bloomberg CEO describes Q3 revenue as dreadful, report says; shakeup necessary: analysts [LONDON] BP pic, Europe's second-largest oil company, fell the most in five weeks in London trading after the Financial Times said it may announce staff cuts and a reorganisation
      ■ Bloomberg; BLOOMBERG  -  487 words
    • Article
      Lock icon Drought cuts Australian wine production
      295 21 Bloomberg [MELBOURNE] Wine production in Australia may fall for a second consecutive year as drought cuts the grape harvest, ending a glut that sent prices to as low as As 2 (552.60) a bottle. The harvest starting in February may yield between 800,000 and 1.3
      – Bloomberg  -  295 words
    • Article, Illustration
      Lock icon A long night
      333 21 THE fleet was finally approaching the famous headland of Finisterre and the racing among the yachts was extremely close. Although westernaustralia2oll.com currently has the smallest distance-to-finish, with nearly 4,000 miles of racing to go, there is still much to play for. The first night of Race 2
      Photo: ONEDITION  -  333 words
    • Article
      Lock icon Abu Dhabi National Energy buys PrimeWest
      444 21 Bloomberg Cs4b deal is biggest N American takeover by UAE company [TORONTO] Abu Dhabi National Energy Co, the state-controlled power generator and oil producer, agreed to buy Canada's Prime West Energy Trust for about Cs4 billion (Ss6 billion) in the biggest ever North American
      Bloomberg  -  444 words
    • Article
      Lock icon Are annual medical check-ups worth the money, time spent?
      310 21 Reuters [WASHINGTON] The customary annual physical check-up at the clinic may not be worth the time or money, researchers said on Monday. About 63 million American adults visit a doctor annually for a routine medical or gynaecological check-up at a total
      ■ Reuters  -  310 words
    • Article, Illustration
      Lock icon Fukuda takes over as Japan's new premier
      510 21 AFP Lower House votes 338-117 to declare him as next leader [TOKYO] Yasuo Fukuda, a dovish lawmaker who has vowed to heal his party and improve ties with Japan's neighbours, took over as prime minister yesterday with a tough task ahead dealing with
      AFP; REUTERS  -  510 words
    • Article
      Lock icon Arrest warrant issued for accused Temasek nominee
      424 21  -  OUR CORRESPONDENT A THAI arrest warrant was yesterday issued for Surin Upatkoon, on charges of failing to appear before the police for investigation into issues involving Temasek Holdings, the Singapore investment company. The Bangkok South Criminal Court issued the warrant, in which Mr
      424 words
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  • WORLD
    • Article
      Lock icon UK compensation scheme dismisses funding worries
      416 22 -Reuters I Unlike FDIC of US, FSCS funded on 'pay as you go' basis by British institutions [LONDON] Britain's compensation scheme to guarantee UK bank deposits dismissed concerns over its funding yesterday, after a newspaper report said it had only £4.4 million (5513.4 million)
      -Reuters I  -  416 words
    • Article
      Lock icon Ross Perot sells Magna Carta copy for USs3om
      118 22 Bloomberg [LONDON] Billionaire Ross Perot's foundation will sell its copy of the Magna Carta for as much as US$3O million in New York in mid-December, Sotheby's said. The document, which laid the foundations for English political and civil liberties in 1215, was
      – Bloomberg  -  118 words
    • Article
      Lock icon Rich nations urged to honour climate change pledge
      447 22 -AFP They should also help poorer nations tackle pollution [UNITED NATIONS] Developing countries urged rich economies at the UN's global warming summit here Monday to honour their pledges of curbing green-house-gas pollution and help poor nations cope with the impact of climate
      -AFP  -  447 words
    • Article, Illustration
      Lock icon Hacked iPhones may become inoperable
      241 22 -AP [SAN JOSE] IPhone owners who have unlocked their handsets so that they could use carriers other than AT&T may end up with a phone that does not work after the company's next software update, Apple Inc warned yesterday. Since the iPhone debuted in June,
      -AP; AFP  -  241 words
    • Article
      Lock icon Microsoft hopes Halo 3 will be a Sony beater
      323 22 Reuters [NEW YORK/SEATTLE] Microsoft Corp began selling Halo 3 yesterday, hoping the acclaimed alien shooter game will widen its lead over Sony Corp in the battle for industry dominance. Some game enthusiasts lined up before dawn at a Best Buy store
      – Reuters  -  323 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      244 22 B^^y^wSßßr *****JH HtjH^L^/m^Hi P^ Xi H Hb I I H) I H^ I I World's Portable Portable Ultra Portable Home Brightest* Multimedia Projector Multimedia Projector Multimedia Projector Multimedia Projector Cinema Projector PLC-XF47fisooolg PLC-XPIOOLI6SOOJmJ PLC-XT2s[^oJm] PLC-XU7B SmW] PLV-Z5 PiTooTiiii New Optical Engine Maximizes the Light New Optical Engine Maximizes the Light
      244 words
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  • AVIATION
    • Article, Illustration
      Lock icon SilkAir plans big expansion with regional flying boom
      495 23  -  YEN SREENIVASAN More routes and more frequent flights, with fleet to double by 2011 SINGAPORE] Silk Air, the regional arm of Singapore \irlines, yesterday unveiled plans to expand routes, capacity and service frequency over the next three years. Noting that inbound traffic
      495 words
    • Article
      Lock icon Airbus narrows plant bidders' list to 5 suitors
      318 23 [FRANKFURT] Airbus SAS, the world's biggest maker of commercial aircraft, narrowed its choice of bidders for factories it's selling to five companies from 11 suitors. Parent company European Aeronautic Defence Space Co (EADS) will also decide "soon" on whether to include its
      318 words
    • Article
      Lock icon Vietnam to establish plane leasing firm this month
      257 23 Xinhua [HANOI] Vietnamese major state-run firms will form a joint stock company late this month, which is mainly to buy and lease aircraft to sell and re-lease them to national flag carrier Vietnam Airlines and regional airlines. The Vietnam Aircraft Leasing Company
      ■ Xinhua  -  257 words
    • Article, Illustration
      Lock icon China Eastern nosedives after Cathay's no-bid
      482 23 Bloomberg Other China carriers and Cathay's stocks also fall sharply [HONG KONG] China Eastern Airlines Corp fell the most in six years in Hong Kong trading after Cathay Pacific Airways Ltd scrapped plans to challenge Singapore Airlines Ltd for a stake in the carrier.
      Bloomberg; AP FILE PHOTO  -  482 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2454 23 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British 1 Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU),
      2,454 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      350 23 CRYPTIC CROSSWORD ACROSS i i^ i io i ij i if i i^ i ~~^^^^^h I Such entertainment provid- I I I I I I I I I I I ed by parliamentary notes! WU WU WU WU WU M^^H with nothing but a rice dish bh bh bh bh
      350 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon If it ain't broke, break it
      1068 24  -  DAVID HUGHES STRAIT TALK The EU is currently conducting a master class in the art of wrecking liner shipping M HEN it comes to shipping, the bureaucrats of Brussels are certainly the leaders in showing the world how not to do it. Right now,
      FILE PHOTO  -  1,068 words
    • Article
      Lock icon Delays won't hurt USAF bid: Boeing
      535 24 Bloomb- [SEATTLE] Boeing Co, the second-largest US defence contractor, said its failure to deliver tanker aircraft to Japan and Italy on time will not hurt the company's chances of winning a US military contract for the plane. Boeing is behind schedule in delivering versions
      – Bloomb  -  535 words
    • Article
      Lock icon UAE's Air Arabia to buy up to 40 aircraft soon: report
      233 24 hua -Kin- [ABU DHABI] Air Arabia, a low-cost carrier of the United Arab Emirates (UAE), will strike a deal to buy up to 40 new aircraft in the next few weeks, local newspaper Gulf News reported yesterday. "We are
      hua; -Kin  -  233 words
    • Article, Illustration
      Lock icon New York port authority to pare payroll by 100
      505 24 Bloomberg [NEW YORK] The Port Authority of New York and New Jersey, operator of bridges and tunnels linking the states and manager of major area airports, will eliminate about 100 jobs. Those losing their positions will be notified this week, executive
      – Bloomberg  -  505 words
    • Article
      Lock icon Shipping groups challenge EU pollution law
      309 24 -Bloomb- erg They ask European Court of Justice to review rule's legality [LUXEMBOURG] Shipping industry groups are challenging a European Union law that criminalises maritime pollution, saying it goes far beyond existing international rules. Groups including Intertanko, which represents about 80 per cent of
      -Bloomb; erg  -  309 words
    • Article
      Lock icon London is world's top maritime spot: report
      183 24 Reuters [LONDON] London remains the world's leading maritime centre fuelled by growing seaborne trade and booming demand for new ships, according to a report released on Monday. The International Financial Services, London (IFSL) report said the British capital led the way in key
      Reuters  -  183 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 24 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.87 0.36 5.25 1.29
        112 words
      • Article
        Lock icon KLSE
        36 24 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.27 9.80 9.80 4.28 2.93 unch 2.17 -0.03 unch -0.05 0.04 0.03 unch unch 392 329 198 1004 21 0 41
        36 words
      • Article
        Lock icon BANGKOK
        12 24 ■oo 'recious Ship Regional Cont 36.12 32.25 -0.25 unch 2203 1465
        12 words
      • Article
        Lock icon HONGKONG
        12 24 '000 iep^ Doil iingamas Cont .73.00 ...4.45 -0.30 0.10 1548 904
        12 words
      • Article
        Lock icon PHILIPPINES
        22 24 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 36.00 unch unch 0.10 1.50 unch unch 844 2425 0 0
        22 words
      • Article
        Lock icon TAIPEI
        22 24 Evergreen Marine ....25.70 :irst Steamship 76.60 /Van Hai Lines 24.15 t'ang Ming Marine...25.45 0.10 1.60 0.20 0.45 56 3 11 19
        22 words
      • Article
        Lock icon TOKYO
        39 24 '000 (awasaki Hvy Ind ..412.00 -2.00 ***** (awasaki Kisen ....1716.00 81.00 8953 Mitsubishi Hvy 694.00 22.00 ***** Mitsui Eng&Sbldg...632.00 32.00 ***** Mitsui Osk Lines ...1842.00 81.00 ***** Mippon Express 572.00 -7.00 5931 MipponYusen 1116.00 25.00 9129 source: Reuters
        39 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Malaysia out to ensure judicial integrity
      488 25 THE Malaysian government's decision to form an independent, three-man panel to investigate the authenticity of an explosive video clip that shows a lawyer purportedly brokering the appointments of senior judges speaks well of its desire to get to the truth. Deputy Prime Minister Najib
      488 words
    • Article, Illustration
      Lock icon China banks on huge R&D boost for an edge
      891 25  -  TIGER TONG But there is still too much emphasis on development, and not enough on research FACED with the increasing pains of resource constraints and environmental deterioration, China is stepping up research and development (R&D) to turn its economy into a
      BLOOMBERG FILE PHOTO  -  891 words
    • Article, Illustration
      Lock icon UK's rescue of Rock to protect bubble sets bad precedent
      787 25  -  NEIL BEHRMANN THE BOTTOM LINE BRITISH Premier Gordon Brown and his Chancellor of the Exchequer, Alistair Darling, have presented themselves as saviours of Northern Rock investors. The UK government has guaranteed depositors of Northern Rock that they would not lose
      787 words
    • Article, Illustration
      Lock icon Synthetic rubber plant in S'pore now a possibility
      904 26  -  RONNIE LIM Jurong Island is on Lanxess' shortlist for its new 400 million euro butyl rubber plant in Asia UPCOMING developments on Jurong Island including more new petrochemical crackers which can supply feedstocks, as well as new cogeneration plants providing competitively priced
      904 words
    • Article, Illustration
      Lock icon With Fed truly passed to him, Bernanke is now on his own
      902 26  -  ROBERT SAMUELSON The Washington Post Writers Group Greenspan memoir symbolically ends an era at central bank IT'S Ben Bernanke's moment of truth. The US Federal Reserve the economy's symbolic command centre has now truly passed to him. Yes,
      The Washington Post Writers Group; AFP  -  902 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7962 27 Transaction date: Sep 25 »-wks Tel Low Code Last Sale V lay Low B i _as1 Quote Seller Div C'vr Net P/E I Cap $mil Hii Com[ Hi. 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF
      7,962 words
    • Article
      Lock icon SGX MARKET
      59 27 Hii Low Code Comi Sale I'OOO] Hii Low Bui Seller C'vr P/E Smil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDP.S 3730 2570 6235 STI ETF 100 US119xd US5000xd US1000 US*****cd
      59 words
    • Article
      Lock icon SGX SESDAQ
      2087 27 52-Wk Tel High Low Code Last Sale Vol Cooo] Day |h Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9.5 1524 Alantac
      2,087 words
    • Article
      Lock icon CLOB INTERNATIONAL
      209 27 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      209 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 28 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Sep 24 World Index Preliminan 1163.0 0.1 5.7 -0.3 6.4 0.1 9.0 EAFE Prel liminan 1143.6 0.1 3.2 -0.2 6.2 0.2 8.7 Euri Preliminary 1565.7 -0.1 4.8 -0.5 8.0 -0.1 10.5 Pacific
      368 words
    • Article
      Lock icon PALM OIL
      62 28 Sep 25 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Oct 07 2670 2681 2682 2670 361 5312 Nov 07 2670 2668 2678 2655 1591 ***** Dec 07 2665 2655 2669 2648 4906 ***** Jan 08 2658 2645 2661 2640 1538 3807
      62 words
    • Article
      Lock icon PRECIOUS METALS
      130 28 Sep 25 /oz) Hong Kong London 733.00 726.30 734.00 727.30 Sep 24 Sep 21 729.40 732.80 730.20 733.60 Source: Reuters CAST BAR (S$) Sep 25 Buying Sellim Kilobar "37,798.82" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 ozUBS KinoharTM 84.53
      130 words
    • Article
      Lock icon STOCK INDEX FUTURES
      20 28 Sep 25 STI IIMSCI Se 448.9 450 443.8 Taiwan Se closed Source: MF Global (S) Pte. Ltd
      20 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Sep 25 Bid Offer 1-month 1.4974 1.4985 2-months 1.4941 1.4954 3-months 1.4911 1.4924 6-months 1.4829 1.484 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      273 28 Sep 25 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 08 334.25 334.25 334.75 336.75 340.75 343.00 RSS 3 (US cents/kg) Month Hig ah Low Sett Volume (tonnes)
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      Lock icon CHICAGO BOT
      105 28 Sep 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 978.75 979.00 985.50 971.50 Jan 08 994.50 994.50 1000.00 987.00 Mar 08 1002.75 1002.50 1007.00 995.00 May 08 1002.00 1001.00 1005.00 992.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 07 39.31 38.99 39.40
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      Lock icon CRUDE OIL & PRODUCTS
      78 28 CRUDE OIL PRODUCTS Sep 24 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 79.05 WTI (Near Mth) 80.62 Dubai (1-Mth F) 75.18 Tapis blend 84.45 Minas 79.3 -0.57 -2.53 0.39 unch 0.95 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.40 93.45 0.15 0.7 USS/barrel Opec Oil
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      Lock icon INTERBANK CROSS RATES
      447 28 Sep 25 Australia 0.867 6.483 0.613 6.705 34.358 79.036 0.990 7.945 2.968 1.173 52.282 39.153 1.295 6.051 1.012 28.428 29.492 0.429 0.863 Canada 1.154 7.482 0.707 7.737 39.649 91.205 1.142 9.168 3.425 1.353 60.332 45.182 1.494 6.983 1.168 32.806 34.033 0.495 0.995 China 0.154 0.134 0.095 1.034
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      126 28 As at 9am Sep 25 of foreign currency: Currencies Bid Offer Aust dollar 1.2910 1.3070 Can dollar 1.4860 1.5030 Euro 2.1010 2.1250 NZ dollar 1.1070 1.1300 iterlini ind 3.0080 3.0420 US dollar 1.4930 1.5100 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
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      161 28 Sep 25 Overnight 2 1/4 1-month 2 7/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 2 3/16 US$ Offer 2 1/8 2 5/16 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.05 5.18 5.20 5.25
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      Lock icon SIBOR
      75 28 Sep2S 1 mth 5.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid
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      70 28 Sep 24 iiuiii, yy.i (USS/tonne) R> Close Previous Cash 2351.80 2352.80 3 months 2409.00 2407.00 Copper, Grade A (USS/tonne) Cash 3 months 8092.00 8040.00 7929.00 7885.00 Lead (USS/tonne) Cash 3547.00 3 months 3475.00 3434.00 3359.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
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      81 28 Sep 24 (£/tonne) Close Prev Hii ih/Low Dec 07 993 996 998/989 Mar 08 1005 1008 1011/1001 May08 1011 1016 1017/1010 Jul 08 1019 1025 1026/1018 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1830 1817 1821/1811 Nov 07 1880 1867 1890/1852 Jan 08 1805 1792 1807/1785 Mar 08 1800
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      Lock icon INTERBANK CURRENCY RATES
      158 28 Sep 25 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2943 1.2958 0.8624 0.8628 Canadian dollar 1.4936 1.4952 0.9952 0.9956 Euro 2.1124 2.1142 1.4075 1.4078 NZ dollar 1.1032 1.1055 0.7351 0.7361 Sterlini ind 3.0184 3.0210 2.0112 2.011
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      Lock icon GOVERNMENT SECURITIES – – – – – – – – – – – – – – – – – – – – – – – – – – | | – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
      91 28 GOVERNMENT SECURITIES se p2s Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****V 27.12.07 1-Year BY*****V 30.04.08 2.04 2.11 1.96 1.96 2.05 2.05 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
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      Lock icon SGX DERIVATIVES TRADING –
      329 28 SGX DERIVATIVES TRADING Sep2s OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO7 MarO8 JunO8 SepO8 95.130 95.515 95.635 95.685 0 0 0 0 ***** ***** 4553 5570 EUROYEN FUTURES DecO7 99.160 99.165 MarO8 99.125 99.125 JunO8 99.080 99.080 SepO8 99.010 99.015 DecO8 98.930 98.930 MarO9 98.835 98.840B JunO9 98.755
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      Lock icon BONDS & WARRANTS
      2529 28 BONDS WARRANTS Pel Zode Company Last Sale Vol Conv Exer +or- COOP) Ratio Price Prem Expiry Disc Gear- Mths ing Left >058 Advance Modules GrpW*****3 6 >036Advance SCT Ltd W*****9 27.5 l674Allgreen RB ECW*****0 1 !105#AsiatravelW*****7 43 0.5 200 -0.5 314 -0.5 350 4.5 584 1 17 1 87 1
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      88 28 I i^^^^^^^^^=s J4N' POEMS Pro Trader Key Features: 9M IBj flß^^^s^^^^9^^^^^| I Monitor your real time Intraday Profit Loss W -<fl«*MWft^L. W^Z^H^/j Ability to place advanced order types like KulH3bQ^^£9 #SC X 1 r Phillip OiHlnfl Ewctranla Mart Swilbiii I: S~ i !f^ Stop Limit and Contin? ent O^ers S3
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      2822 29 mm The Business Times vmm Shii ping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination ||j|g STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE 1 VESSEL/VOY RAMP(KT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 26 10 32 10/09 MIDDLE-EAST SERVICE
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      1733 30 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r %TTrr\ II a I hup* TEL:*****588 (14LINES) FAX:*****163 Y\\M\\A/IIN HAI INrN Customer Service/Bookings Direct Line (1800)*****200 V H^ V WWf^ll I I #11 LIIIL^ PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 JOH TEL: {07) *****23 FAX: {07)*****21 SUR
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      1483 30 ||T|n EASTERN CAR LINER, LTD I I*—s^-—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJJ^^J ■^VOY^ Ramp(KT) Liltinq(KT) SIN PKL PNN JKT BKK KUC I LUNA AZUL B]_ 35 80 02/10 05/10 I MERLIONACE 42 30 10/10 11/10 I ORIENT IRIS 92 35 80 12/10 15/10 I DONG HO
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      759 30 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL TOY SIN P.KUNG COLOMBO N. SHEVA COLOMBO KOTA PAHLAWAN YPHO7O 29 SEP OMIT OMIT 07OCT II OCT HOWRAH BR 0066W 02 OCT 03 OCT 06 OCT 10 OCT 14 OCT KOTAPERWIRA I YPWII3 I 09OCT I
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      3931 31 WmM RIS RH H I kwd Nordana (Asia) Pte Ltd iISZSS I fli«"» NAVIGATION GROUpI E3j KJL Ejl LJ Bi^BBI 70 Shenton Way, #21 -03 Marina House Singapore *****8 ®>&4tiiMßkW% f&.'&*} WJ*M NORTH WEST EXPRESS LINE DATBAREARRIVALDATES «™»<«^™iouN«™ ■■■■■■■■■^■■■■^{■■■■■■■■■■■ipippHHßVpilßippwVMiiPHPl^HHpiHl monthly service to western Australia and islands Dates AtEAttivAi Dates WITH
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      4638 32 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
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      4582 33 IN THE MATTER OF _^^m THE COMPANIES ACT, CAP. 50 A^kW and t^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Wi. mii a. -a RIGISTERED OFFICE INTHEMATTEROF ffl II DM I IITP T I1«1T *****1 *****1^1] CANON'S COURT EASTERN MARITIME (PRIVATE) LIMITED I B^^^^ Dl" lIICI llfl II Vllfll kllllllCU 22 VICTORIA STREET Coßlpail?6sSwB?w llNft: F—* IM CHANG
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  • MOTORING
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      Lock icon Used car market rebounds as choice widens
      543 34  -  SAMUEL EE Fewer cars get deregistered as scrap rebates dive after they were pegged to ARF rHE used car market is revving back to life and some dealers ;xpect it to grow even stronger in the next couple of years. "The used car
      543 words
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      Lock icon Smart Energy building compressed natural gas station in Mandai
      287 34  -  SAMUEL EE SMART Energy is investing $12 million to build the first compressed natural gas (CNG) station outside Jurong Island. The company, which is a subsidiary of taxi operator Smart Automobile, held a groundbreaking ceremony at its Mandai Link site yesterday.
      287 words
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      Lock icon Resurgent used car sector takes an upmarket turn
      453 34 THE resurgence in the used car market is being accompanied by new, and more upmarket, developments in the industry. Car Times, which has both used car and new parallel import divisions, has created a premium pre-owned niche. The company has an air-conditioned
      PHOTOS BY YEN MENG JIIN  -  453 words
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  • EXECUTIVE MONEY
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      Lock icon Wall Street's all charged up
      1274 35 Bloomberg Sub-prime? What sub-prime? Post-Fed cut, strategists are in bullish mode, buying into energy, industrial and tech companies that gain from global growth THE Federal Reserve has driven most stock-market bears into hibernation. From ÜBS AG to Deutsche Bank AG and Citigroup Inc, Wall Street
      Bloomberg  -  1,274 words
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      Lock icon Mutual fund assets in Asia hit new high
      649 36  -  GENEVIEVE CUA The 27% jump in 2006 was due to strong stock market performance, mnorts ASIAN investors, particularly those in China, are taking to mutual funds, a development that should cheer fund managers. Cerulli Associates' latest annual study on Asian distribution dynamics
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      Lock icon Oil sector still solid as an investment: ABN Amro
      380 36  -  GENEVIEVE CUA THE fundamentals for oil as an investment are intact, says ABN Amro Asset Management portfolio manager Badung Tariono, but he refuses to be drawn into any predictions on oil prices. ABN Amro's Energy Fund is the only one in
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      Lock icon Shopping for emerginc markets"
      838 37 Even after a recent recovery, there are still some great buying opportunities in emerging markets, a Merrill Lynch report says. GENEVIEVE CUA reports THE US Federal Reserve's rate cut of 50 basis points last week has provided a welcome fillip to emerging market equities, and some
      838 words
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      Lock icon SG Asset Management debuts Mid-East, N African fund
      611 37  -  GENEVIEVE CUA FIRST, there were the global emerging markets. Then, there was Brie. Now, welcome the Middle East and North Africa, or Mena. SG Asset Management has launched the Oasis Middle East and North Africa Fund, the first of its kind in
      611 words
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      446 35 |U pK[ p. 7 TT y K r r., ;*d I Vdipi Cuisine from South India prepaid gtf I llj?lpl ■■■^■Ml 1 J\| LJ 1 J\ IN VV kj iSs. l^^^^ZX-^^J^/^ I to the I-Mic tradition of Indian HH r nnian i n n 5 i Ts^AM I Vegetarian Cuisine,
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      244 36 m m Wealth Management at ÜBS is really about one thing: a relationship. A relationship that allows us to understand your needs. To implement custom tailored solutions. To reassess priorities as the world changes. To work proactively to keep our solutions aligned with your goals. It's a long-term relationship powered
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  • THE BUSINESS TIMES Maritime Week
    • Article, Illustration
      Lock icon FULL STEAM AHEAD
      910 38  -  CONRAD RAJ DESPITE being the world's busiest port, Singapore is not one to rest on its laurels. It continues to spend billions of dollars to ensure that it remains at the pinnacle, or at least right near the top. In the last 10 years, PSA Singapore Terminals
      910 words
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      Lock icon PSA on winning streak
      925 39 'he top container port in the world bags honours for helping Singapore become a maritime centre, reports MATTHEW PHAN WITH Singapore ranked this year for the second time in a row as the top container port in the world, beating other frenetic Asian hubs like Hong
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      Lock icon Shortage of manpower key challenge
      695 40 SS Teo says young talent committed to the industry are needed as more maritime-related companies set up shop here, writes WEE LI-EN IT CANNOT be an easy task to manage Pacific International Lines (PIL) it is one of the largest ship owners in the world,
      ARTHUR LEE  -  695 words
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      Lock icon Reaping the gains of going green
      835 41 AP Moller wins the MPA's 2007 SRS Owner of the Year Award, reports LYNETTE KHOO YOU may have heard of "green" cars. But what about "green" ships? Well, AP Moller may well have eco-friendly vessels to thank for getting into the good books of
      FILE PHOTO  -  835 words
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      Lock icon Delivery underlies KOM's success
      846 42 World's biggest builder of offshore rigs secures yet another accolade the Offshore Marine Engineering Award, reports CONRAD RAJ FEW would be surprised at Keppel Offshore Marine (KOM) winning the Offshore Marine Engineering Award as the company is the world's largest builder of offshore rigs. KOM can
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      Lock icon BP Marine's award-winning ways
      923 43 The company is committed to the highest standards of bunker quality in all its operations, reports OH BOON PING BP Marine offers its customers a "powerful problemsolving force" in its highly experienced technical team who are on call 24/7 around the globe, said Parris Beverly, the
      FILE PHOTO  -  923 words
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      Lock icon Prosafe stays on top with its focus on R&D
      890 44 It devotes US$l.5-2m annually to research and development and has seven patents to its credit, reports LYNETTE KHOO RESEARCH and development (R&D) has proved to be one of the best solutions in the competitive landscape of the offshore marine sector where
      FILE PHOTC  -  890 words
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      Lock icon Shipping is in the blood for Dnß
      1033 45 Expertise to evaluate individual ships is its plus point, reports CONRAD TAN IN AN industry that is well known for its volatility, staying power is all-important. Dnß NOR Bank's regional head of shipping and offshore logistics in Asia, Kee Song Wei, believes the
      YEN MENG JIIN  -  1,033 words
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      Lock icon Quality is the catch word
      681 47 To deliver good services, NSSPL spends 8-10% of its total human resource costs on training its staff, reports WEE LI-EN IT is refreshing to meet someone who believes that offering a good product is more important than marketing it, and Neptune Shipmanagement Services (NSSPL) managing
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      Lock icon Meeting China's growing supply chain needs
      1153 50 Challenges will multiply as China's production and consumption move into the hinterland. A strong inlandocean transport interface is crucial, writes BRIAN LUTT THE surge in trade caused by China's emergence as the engine of globalisation has been beneficial to billions of people. But it
      FILE PHOTO  -  1,153 words
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      Lock icon Building a formidable workforce
      1000 51 Keppel is working closely with its partners to develop training programmes with focus on career development, writes CHEE JIN KIONG "The universal line of distinction between the strong and the weak is that one persists, the other hesitates, falters, trifles, and at last collapses or caves
      FILE PHOTC  -  1,000 words
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      Lock icon A choice base for Asia expansion
      704 53 'he republic is a strategic platform that provides access to regional growth for DOF Subsea Group, writes OH BOON PING BEFORE May 2005, DOF Subsea Group, which provides offshore construction support services, had no businesses in Asia. But within a two-year period the company
      704 words
    • Article
      Lock icon Ship financing a big business
      768 54 Singapore expected to expand its presence in ship financing due to its favourable tax regime programmes, writes ALICE GWEE SINCE Sir Stamford Raffles founded it in 1819, Singapore has developed into one of the world's foremost maritime hubs. Today, Singapore is considered an International Maritime
      768 words
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      Lock icon S'pore connection a boon: STX
      597 55 Singapore-listed Korean carrier aims to become one of the world's top shipping companies, reports VINCENT WEE KOREA'S largest dry bulk carrier STX Pan Ocean was so positive on Singapore that it not only set up a regional unit here but also went on to list
      FILE PHOTO  -  597 words
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      Lock icon New hub in the making
      771 57 OSM official says S'pore is set to become the ship management centre of South-east Asia, reports OH BOON PING SINGAPORE is uniquely poised to be the ship management hub of South-east Asia. Already, the city-state is home to a great number of shipping firms and
      ARTHUR LEE  -  771 words
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      Lock icon Shipping trust Rickmers looking good
      846 58 Chief executive Thomas Preben Hansen also expects Singapore to remain a key hub despite the challenge from Chinese ports, reports MATTHEW PHAN INVESTORS in Rickmers Maritime can expect to see this part of their portfolio strengthening as Asian economies grow stronger and Singapore continues to
      FILE PHOTC  -  846 words
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      Lock icon Stretching the maritime landscape
      970 59 Singapore is well-placed to play a fast catch-up game with London in becoming a maritime dispute resolution centre, writes JUDE P BENNY IF YOU were to ask industry players to name any city in the world that they would regard as an International Maritime Centre (IMC),
      FILE PHOTi  -  970 words
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      Lock icon Logistics investment next big thing
      866 60 There is an acute need for specialised advisory services as investors bet on transportation infrastructure, writes DAVID WIGNALL AS THE volume of world trade increases rapidly, there is also an acute need to increase the efficiency of transport networks and enhance overall logistics competitiveness. As
      BLOOMBERG  -  866 words
  • Page 38 Advertisements
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      105 38 Singapore, Your Maritime Partner Realising Your Business Aspirations j|\ The Maritime and Port Authority of Singapore congratulates V all recipients of the following Awards: yggp V m\ Approved International Shipping Enterprise (AIS) Scheme Is^4 m Vm\ Approved Shipping Logistics Enterprise (ASL) Scheme lft\ International Maritime Centre Award (Individual) Conducive Business
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  • Page 38 Miscellaneous
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      46 39 £3 A.P MDLLER SINGAPORE We are pleased to receive the "SRS ship owner of the year" award for 2007 t? 4 M 11 M j I, ii iT ii in II II II Ml II 14 J- A part of the A.P. Moller Maersk Group www.maersk.com
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      54 41 Simatech Shipping is proud to be awarded the International Maritime Centre Award by Maritime and Port Authority of Singapore i~ ii With over 20 feedering services connecting 50 ports, we strive to serve you better. SIMATECH C^r SHIPPING L L C Simatech Shipping Pte. Ltd Tel: (65) ***** 859 Fax:
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      7 41 |t rus t| 'fim 4^ ■rvr iijQ
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      317 42 M.T. Singapore Star (50,600 dwt, 2007 bit, imo 11/lll) [Photograph-June 07, in New York] Incorporated on 18th August 2005, J Star Maritime Pte. Ltd, has evolved as an important new member of the ETA STAR family of ETA Group in Dubai, with its growing presence as a significant and reputable
      317 words
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      629 43 Dnß NOR your global financial partner jdi v' ■ft fi^^y ~n —1 *> Ss^^T Aker Drilling lC Offshore Sa?/^ "eS *—Wvft] Sole MLA Sole Sole MLAt Sole Sole MLA& Sole I Sole MLA Sole .fat'i ->^CTjt^' Bookrunner Bookrunner Bookrunner i Joint MLA Bookrunner s Swß3^ j£k%j} &s■&., USD 775 mill,
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      166 44 _.i--[taniMgr*" Growinci iß'Sis the challenges of today hhss^^^h^ '■J^~ 'i ft Bj% j^^ |EH^' i W Hl^l 1 i Pi jfi l U HE R M m H I v i ItKeppel Offshore Marine Keppel Offshore Marine distinguishes itself as the world leader in the design and construction of offshore
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      71 45 Congratulations to I STOVE SHIPPING SINGAPORE < I PTE LTD I I for being awarded 4TT~ I Approved International Shipping I Enterprise Status I by Maritime and Port Authority of Singapore Your Partners in Success: /\^f\ Belships Management (Singapore) Re Ltd I y Shipmanager for Stove Shipping vessels fe) <4^
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      143 46 Stove Shipping Singapore Pte Ltd is honoured to be awarded the Approved International Shipping Enterprise Status By the Maritime and Port Authority of Singapore 4.1, r A fr J r^Sl mm^t^^i WWI ■*^*i^ ;!^^iJE^.. 1 v -U^ J vS^Rr We specialise in dry bulk transportation 1 lFHlBP" {.ft^ M| TIJ
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      110 47 Congratulations to ELKEM CHARTERING SINGAPORE PTE LTD I for being awarded I Approved International Shipping Enterprise Status I by Maritime and Port Authority of Singapore I -I?* I Technical management for all types of ships tankers, bulkers, car y\ A^ carriers container carriers. Competitive crew management of all nationalities, especially
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      66 48 WE ARE PROUD TO BE AWARDED THE APPROVED INTERNATIONAL SHIPPING ENTERPRISE BY MARITIME AND PORT AUTHORITY OF SINGAPORE f IJZri&aJ mwk war Marix Line Pte Ltd 20 Penjuru Lane #05-01 Singapore *****3 Tel: *****565 Fax: *****514 Associated Companies: Associated Carriage Warehousing (S) Pte Ltd Associated Carriage Warehousing (M) Sdn Bhd
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      186 49 BP Singapore is honoured to be awarded the 2007 Bunker Award by the Maritime and Port Authority of Singapore This prestigious achievement is only possible We are committed to providing safe storage, with the strong support of all our partners and transportation and delivery of product to our customers. BP
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      135 50 Our Heartiest Congratulations to BP Singapore Pte Ltd for receiving the Pj [Ml Ifj) [Wp [f AwplfT(d at the Singapore International Maritime Awards (IMA) 2007 A Global Leader in Testing Inspection _JfiG ACCREDITED pj-rr *%LABORATORY IN IbKIbK is an international provider of quality services to a wide range of global
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      57 51 Congratulations to BP Singapore Private Limited Winner of 2007 Bunker Award by Maritime and Port Authority of Singapore ®D lilt If 1 A X °-w- BUNKER FAR EAST (S) PTE LTD I IK fr™ 600 North Bridge Road #14-02/03, Parkview Square, Singapore *****8 B^F m.^^ Tel: +65 6317 0000 Fax:
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      69 52 Congratulations to BP Singapore Private Limited Winner of 2007 Bunker Award by Maritime and Port Authority of Singapore With the Compliments of £1 IS U H fll Chairman Director, General Manager I Vermont Groups Limited E£3 *s ia *ft *m SK^^^ Vermont Marine Bunkering Ltd. Vermont Marine Bunkering Ltd. Room
      69 words
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      138 54 I —l CongratuCations to I 2? T Singapore Trivate Limited 'Winner 0/2007 'Bunker JAwarcC 6y Maritime and Tort Authority of Singapore Sentek Marine Trading Pte Ltd 24 26 Sam Leong Road Singapore *****5 BW Tel: *****630 Fax *****134 Iw] 3^113^ E-Mail: bunkers@sentek.com.sg Congratulations to BP Singapore Private Limited Winner of
      138 words
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      39 55 r 1 BP Singapore Private Limited WINNER OF 2007 BUNKER AWARD by Maritime and Port Authority of Singapore ALLIANCE OIL TRADING PTE LTD 138 Cecil Street #13-01 Cecil Court Singapore *****8 Tel: (65) 6557-0168 Fax: (65) 6557-0790 Email: email@allianceoil.com.sg
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      38 55 CongratuCations "BT Singapore Trivate Limited IVinner 0/2007 'Bunker JAwarcC fry Maritime and Tort Authority of Singapore Sevenseas Oil Trading Pte Ltd 11 Col Iyer Quay #12-01 The Arcade Singapore *****7 Tel (65) 6227 3338 Fax (65) 6227 0368
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      162 56 Winners of Singapore International Maritime Awards ■g*^^ bb^bm "'■"'l^bbb mmm DL rH Jb%, bTMbbI -1 II '^T*a^^^s^^^W"* T V^~ 'Nj|o w^^^b^bi^P'-^^ mmmmmmwiL.Mmmy^l^ A fvSI k-1 Tta U(£^^^^ R^fe^^J^B^^^^^l I I Mb^b^RbHlb^b^bl DQF Subsea Pte Ltd Teo Siong Seng Elkem Chartering Singapore Pte Ltd Glory Wealth Group Pte Ltd Hanjin Overseas
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      77 56 Congratulations to BP Singapore Private Limited Winner of 2007 Bunker Award by Maritime and Port Authority of Singapore UJMH PETROLEUM PTE LTD 80 Marine Parade Road, #11-09 Parkway Parade, Singapore *****9 Tel: (65) 6348 8558 Fax: (65) 6348 5885 Congratulations to BP Singapore Private Limited WINNER OF 2007 BUNKER AWARD
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      106 59 r BH Creativity Challenge I Sl ,^mm%: Dream Future I World's Best *^M B. jl &1 ~*f A iP^bMb^^bl Bl^kk*' *J^^R^^lPk I 111 I s»* if JtriHi 1 in Iki&HHI rvl j flfcllfflßfi r-iil iWw MI. mUllllMlK^ ,fc. L wi «I3hmm l^i^w^Tn^ siS /^.J^BjOirCH *^i ~f fi^i I l■ *&*-*Wj*F.££L-iAm
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      61 60 CSC OIL TRANSPORTATION (S) PTE LTD is honoured to be awarded the Approved International Shipping Enterprise Status by Maritime and Port Authority of Singapore mtl, T «*-^j NO SMOf< '.G fry-■■» —w^-* i.#lM 1 T209 TU° CSC OIL TRANSPORTATION (S) PTE LTD (Fully Oumed Subsidiary of CSC Nanjing Tanker Corporation)
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      151 61 Prosafe Production £J HjJI, is proud to win the Maritime R&D and Technology Award _y* by Maritime and Port Authority of Singapore Singapore-based Prosafe Production, has been delivering high quality value-added services, cutting-edge technology, and engineering solutions to the offshore oil and gas industry for over 30 years; with a
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