The Business Times, 16 October 2007

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Microfilm: NL28544
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 Tuesday, October 16,2007
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  • Article, Illustration
    Lock icon Home sales hit a wall as stock jitters spook buyers
    656 1  -  UMA SHANKARI Fewer launches add to September slowdown but analysts expect pick-up amid new benchmark prices By [SINGAPORE] Developer sales of new homes slowed to a crawl in September, hit by stock market jitters caused by sub-prime woes in the
    : Colliers International, URA  -  656 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.590 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.76 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      43 1 londay Closed lange 1COMP IIKKEI225 17,358.15 +26.98 IANG SENG 29,540.78 +702.41 ;et index 897.10 +10.08 JAKARTA COM P Closed 1ANILACOMP 3,861.38 +37.18 ;eoulcomp 2,035.39 +8.95 ;henzhen b 759.61 -6.91 IUMBAI IND 19,058.67 +639.63 12NOONEDT Change 13,971.63 -121.45 )OW IAS DAI 2,786.30 -19.38
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    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.463 (USS/SS ier 2.039 2.984 ;URO(US$/S$/E) 1.423 2.082 'EN 117.60 80.40 3.369 2.302 IK$ 7.753 5.298 !AHT 34.15 23.33 lUPIAH 9,060 6,191 1ENMINBI 7.524 5.141 INDIAN RUPEE 39.30 26.86 1.103 0.754 IZ$ 1.296 0.886
      39 words
  • Article, Illustration
    Lock icon SIA gets A380 with personal 'room in sky', office space
    781 1  -  CHEN HUIFEN New First-Class suites come with full-sized beds, designer touches I By in Toulouse TWO years of delays were forgiven, if not forgotten, as Airbus eventually delivered the first of 19 A3 80 aircraft ordered by Singapore Airlines (SIA)
    781 words
  • Page 1 Advertisements
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      3 1 8 *****1 *****4
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      94 1 DE BETHUNE D822 POWER J& The Power of Absolute Mastery /fiMK KiVi I I The newest Automatic calibre featuring: Self-regulating double-barrel I \l -I'JB v JJf jJVjf^B MAINSPRING 3RD GENERATION PATENTED DE BETHUNE ULTRA LIGHT BALANCE vS '^B wheel Triple «Parachute» system with titanium balance wheel bridge \> \J*V^l A
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      55 1 PROPERTY EN BLOC OIL SME SPOTLIGHT «^y !|ffl| DBS weighing up !a^^^.m. TheEstorilup Prices soar Tung Lok reaches Vy mega lease deal Bh for sale at $208m above US$B5 out to hungry masses <|B PAGE 2 aISIS r^- 5 PAGE 12 PAGE 21 PAGE 14 /m^ IPO WATCH Alibaba's mammoth
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  • TOP STORIES
    • Article, Illustration
      Lock icon DBS weighing up mega lease deal at posh new address
      589 2  -  KALPANA RASHIWALA Bank eyeing phase 2 of Marina Bay Financial Centre By [SINGAPORE] It could be Singapore's biggest office leasing deal ever if it gets sealed. DBS is said to be in advanced stages of negotiating to lease up to
      FILE PHOTO  -  589 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Berlian acquires Chembulk Tankers for US$850m
        57 2 INDONESIAN shipping company Berlian Laju Tanker, through subsidiary Asean Maritime Corp, has agreed to pay a whopping US$B5O million for Marshall Islands-registered Chembulk Tankers. The deal will be earnings-accretive immediately and Singapore-listed Berlian will be among the top chemical tanker owners worldwide and the
        57 words
      • Article
        Lock icon Hyflux to build used-oil recycling plant in Vietnam
        65 2 HYFLUX has entered into a joint venture to build a used-oil recycling plant in Vietnam, said the water treatment company yesterday. Its wholly owned subsidiary, Eflux Singapore, has signed a joint venture agreement with Success Blossom Environment Vietnam Joint Stock Co to
        65 words
      • Article
        Lock icon SNF places out 31.5m new shares
        51 2 SNF Corp, which is caught up in a boardroom tussle with a group of new shareholders, yesterday announced the placement of 31.5 million new shares to 18 individuals. The new stock represents 19.76 per cent of its existing issued share capital. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon Unit trusts rebound 3% on average in Sept
        73 2 AFTER sliding one per cent in August, unit trusts rebounded 3 per cent on average in September, according to fund tracker Lipper. Equity funds led the gains with an average 4.6 per cent increase, while bond funds gained 0.6 per cent. Funds
        73 words
      • Article
        Lock icon Rise in China reserve ratios may flatten yield curve
        68 2 A HIKE in Chinese bank reserve ratios to a record high may flatten the yield curve while bringing closer a pull-back in the soaring stock market, traders and analysts said on Sunday. The central bank announced on Saturday that it was
        68 words
      • Article
        Lock icon General insurers in M'sia under pressure to merge
        85 2 AT least 10 general insurance companies in Malaysia are under pressure to merge with larger capitalised companies as a deadline nears for them to maintain sufficient capital adequacy ratio according to their risk profile, The Star newspaper reported yesterday. Industry observers said
        85 words
      • Article
        Lock icon Alibaba's HK IPO to raise uptoHKs10.3b
        58 2 ALIBABA.COM Ltd, operator of China's largest trading website for companies, and its parent may raise as much as HK$lO.3 billion (Ssl.9 billion) in a Hong Kong initial public offering that attracted investors including Yahoo! Inc. The IPO in Hong Kong is the largest of
        58 words
      • Article
        Lock icon URA to woo Middle East investors at international event
        57 2 THE Urban Redevelopment Authority will sell Singapore as a destination for real estate investments to Middle East investors at Cityscape Dubai, an international property event. URA director of land administration Choy Chan Pong said that it was important for Singapore to
        57 words
    • Article, Illustration
      Lock icon China vows to pull back from export-led growth, pledges freer yuan
      624 2 Reuters Honing technology also central to rebalancing growth [BEIJING] China will wean its economy off export-led growth and promote more consumer spending to reduce its bulging balance-of-payments surplus, President Hu Jintao said yesterday. Opening the ruling Communist Party's five-yearly
      Reuters; AFP  -  624 words
    • Article, Illustration
      Lock icon Airbus gets down to earth after the glitz
      605 3  -  CHEN HUIFEN Its biggest challenge is to ramp up production over the next few years Reports by n Toulouse EUROPEAN plane-maker \irbus SAS continues to ?ace challenges despite the milestone delivery of its irst A3BO superjumbo to Singapore Airlines (SIA) yesterday, said
      PHOTOS: AFP, AP  -  605 words
    • Article
      Lock icon Why the fuss over the A380
      263 3 [TOULOUSE] The A3BO is marketed as the solution to the capacity shortage facing airlines that ply the world's major long-haul routes. The largest passenger aircraft ever built, it is capable of carrying about 550 passengers in a standard three-class configuration. Because of the plane's
      263 words
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      167 2 people at No mountain V\fOrK hi9h enough. www.thepeopleatwork.com Asia-Pacific Executive Search GLOBAL EPUPBENEUR PROGRAM Anybody can earn $10,000* monthly Easily when you Discover our PROVEN TRADE SECRETS! No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed lipflMHßßmß»* Sttyrrayw HtL j ImfTrtMiSl l*^ 1 r s*v/"V
      167 words
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      Lock icon Page 2 Advertisements Column 2
      105 2 mCTfll [II fp^sss MM I Mm L^L!■ sProtecting cars since 2003 1811 1 www.cartrack.com.sg Last year, more than 11,200 fWSMJIiSSSEM^SIi cars were stolen in Malaysia ■Hm3w@PMM4h and Singapore combined! |jtSIUI£IC£UJuUU2uiiMiUi Cars were stolen within minutes, WHY WAIT? even with Steering Wheel Locks, CAR THIEVES CAN Alarms Immobilizers installed. STRIKE ANYTIME
      105 words
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      23 2 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
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  • Page 3 Advertisements
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      85 3 Available at: All Watches Wisma Atria Tel: 6733 2823 FJ BEN J A IN/I I N Cortina Watch Centrepoint Tel: 6738 9961 Millenia Walk Tel: 6339 1728 Exclusive Distributor and Service Centre Raffles City Tel: 6339 9185*Dickson Watch Jewellery Paragon Tel: 6737 6451 Tel: +65 6737 3786 Wisma Atria Tel:
      85 words
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  • FOCUS: PROPERTY
    • Article
      Lock icon A sprinkling of new benchmark home prices
      1280 4  -  UMA SHANKARI These include deals at Sentosa Cove, science hub one-north, Boon Lay By [SINGAPORE] Several new units sold by developers set record prices in various parts of Singapore last month, despite the overall lacklustre market, latest figures show. Data released by the
      1,280 words
  • Page 4 Advertisements
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      43 4 The Real World Wide Web Meet MOL's shipping network. A real "world wide web"of containerships, car carriers, bulkers, tankers and LNG carriers over 750 vessels strong, and growing. Give your business global access with the shipping industry leader, MOL www.mol.co.jp Mitsui O.S.K. Lines
      43 words
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      205 4 World Class Case Studies Insights from Renowned Brands 0@ Private Bank -S^^ &OPI QQJQQg ASIA PACIFIC BK£VVEKIESLIiViIiEI? £>(P#£& n£> Equip Your Business in the Rapidly Booming World of Sports with Proven Techniques: adidas Going Beyond Borders with Global Sports Marketing Assets AIG Private Bank Powering Up AIG Private Bank's Brand
      205 words
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      326 5 Card has always been the fastest way to earn KrisFlyer miles. Now it's even faster. Cardmembers are already rewarded with 50% more KrisFlyer miles all year round 1. The great news is that you will now earn an additional 50% more KrisFlyer miles! 2 All we ask is that you
      326 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI ends 4.7 pts up in volatile session
      510 6  -  VEN SREENIVASAN STOCKS Blue chips SPH and Fraser Neave advance; hot interest in China oil and gas stocks AS EXPECTED, it was a volatile start to the week as the market took its cue from Hong Kong, where the Hang Seng Index
      : Bloomberg  -  510 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      100 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 9 8 0 0 0 lanufacturing 74 88 58 22 14 83 110 72 Commerce 24 32 20 10 28 42 27 "pt/Stor/Comms 17 13 10 18 15 :inance 12 10 13 Construction 12 11
      100 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 27,382 27,382 67,498 67,498 lanufacturing 523,270 198,053 721,323 494,411 62,040 556,451 Commerce 331,895 52,397 384,292 131,865 11,810 143,674 •pt/Stor/Comms 171,862 5,582 177,444 311,460 6,290 317,749 :inance 92,387 116 92,503 472,242 20 472,262 Construction 157,696 42,400 200,096 72,044 7,549 79,593
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      215 6 Jlgreen 0.52 1.930 +0.070 \scendasreit 0.80 2.480 -0.010 lapitaComm 0.49 2.720 -0.080 la pita Land 4.74 8.200 -0.100 :apitaMall 0.91 3.880 :hart SemiCond 0.52 1.090 +0.020 jtyDev 2.74 16.100 lomfortDelGro 1.24 1.980 -0.020 losco Corp 2.05 7.000 +0.050 Creative Tech 0.14 6.050 -0.050 IBS Grp 8.91
      215 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      913 6  -  CONRAD TAN Singapore Press Holdings Oct 15 close: $4.52 CIMB-GK Research, Oct 15 THIS was a strong set of results, with FY2007 $506 million core earnings (up 40 per cent year-on-year) beating our estimate by 20 per cent and that of the consensus by 9 per cent. Key
      913 words
    • Article, Illustration
      Lock icon US$ hits fresh lows vs A$, C$ and gold
      507 6  -  LARRY WEE CURRENCIES THE US dollar continued its slide yesterday, this time suffering its largest losses versus its principal non-Asian counterparts brushing aside stronger US data last week, and the coming weekend's G-7 Finance Ministers' meeting in Washington. News last Thursday
      : Reuters  -  507 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      45 6 CLOSE -559.00-407.00 BT OB/OS BT CADI -*****.00 -47.00 BT 10-day MA -*****.00 -56.00 All-SG Equities 1062.73 +0.46 SG Equities Elect 122.64 +1.13 SG Equities Fin 2686.78 +5.72 SG Equities Prop 1613.99 -10.84 SiMSCI 474.17 +0.29 SiMSCI Future 474.90 +0.30 PrimePartnersCI 305.35 -1.02
      45 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Sky Petrol 134,749,000 Jade Tech 109,119,000 El-Nets 99,308,000 Diqiland 87,981,000 FHTK Hldqs 74,952,000 Lian Benq 64,595,000 Uni-Asia 62,968,000 Anwell 59,619,000 Sinostar 59,289,000 Gen Intl 57,428,000 VALUE(S) DBS Grp 182,791,477 Uni-Asia 155,693,930 Sky Petrol 80,415,740 STXPOKWIOO 64,645,060 SingTel 58,157,150 Sinostar 57,250,355 Cosco Corp 52,295,000 Capita Land 52,085,945
      56 words
    • Article
      Lock icon RISES
      104 6 BY CENTS CLOSE UP GLD 10US$ 7490 146.3 1.4 China H 10US$ 2560 146.3 4.1 JSH 1700 117.0 4.9 ioscoCon iRBeCW/*****1 211 55.0 35.: STXPOMBLeCW*****5 182 54.0 42.2 Ezra 690 35.0 5.3 STXPOKW100 388 32.0 9.0 Venture Con 1600 30.0 1.9 SPC 815 25.0 3.2 ISMSCI India 100 895
      104 words
    • Article
      Lock icon FALLS BY CENTS
      107 6 CLOSE DOWN Uni-Asia 195 -55.0 -22.0 B Sembawani 1210 -40.0 -3.2 STI2900SGAePW*****9 3.5 -35.0 -90.9 OUE 1410 -30.0 -2.1 JMH 2860 -29.3 -0.7 Deloni 344 -24.0 -6.5 Yanlord 366 -22.0 -5.7 BukitSemW*****3 785 -20.0 -2.5 Great Eastern 1780 -20.0 -1.1 CIMBAsean40 100US$ 1000 -14.6 -1.0 BY PERCENTAGE
      107 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Oct 15 CLOSE CHNG FR0O12 YR 2007 S$ LOW S$ HIGH USS 1.4632 0.12 1.5479 1.4610 Euro 2.0827 -0.26 2.1254 1.9913 Pounds 2.9808 -0.38 3.1194 2.9323 AS 1.3270 -0.35 1.3411 1.1741 Yen* 1.2431 0.34 1.3821 1.2285 Rill liah* 0.***** 0.12 0.***** 0.***** Baht* 4.2859 0.06 4.5700
      85 words
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  • Page 7 Advertisements
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      118 7 Here are a few good reasons to stay at Pan Pacific. Jp Pan Pacific Seattle *V *jp Pan Pacific Vancouver *L jj* Sari Pan Pacific Jakarta *V 1? "Hot List 2007" 1? "5-Diamond Award" 1? "5 Times Winner" Conde Nast Traveler Automobile Association of America ai^^ Adikarya Wisata Award *lig
      118 words
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  • COMPANY NEWS
    • Article
      Lock icon Berlian acquires Chembulk for USsBsom
      340 8  -  CONRAD RAJ Deal will make Berlian the top chemical tanker owner in Asia By INDONESIAN shipping company Berlian Laju Tanker, through its wholly owned subsidiary Asean Maritime Corporation, has agreed to pay a whopping US$B5O million for Marshall Islands-registered Chembulk Tankers. The deal will be
      340 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ascott to sell apt block for $43.9m
        36 8 THE Ascott Group has agreed to sell an apartment block at 6 Sarkies Road, now operated for its corporate leasing business, to an unrelated party for $43.9 million cash.
        36 words
      • Article
        Lock icon Mlgreen bags Sichuan site
        56 8 \LLGREEN Properties has won a tender ?or a 5.7-hectare site in China's Sichuan Province suitable for mixed residential and commercial use. Allgreen bid 1.04 billion yuan (Ss2o3 million) in a joint venture with two interested parties. Its share of the maximum total investment of 2.1 billion
        56 words
      • Article
        Lock icon Yellow Pages names CEO
        39 8 YELLOW Pages says Chow Hon Meng was appointed its chief executive with effect from yesterday. Outgoing CEO Goh Sik Ngee will assist the group as an adviser until his official departure date of Dec 31.
        39 words
    • Article, Illustration
      Lock icon Don't dismiss aircraft trust
      780 8  -  MATTHEW PHAN WITH GE's Altitude Aircraft Leasing Trust looking to a listing on the Singapore Exchange, investors will have another asset class to look at. But how do aircraft match up against the other asset types, such as real estate or ships? On gut feel, one
      Airline Monitor, July, 2007, Boeing and International Monetary Fund World Economic Outlook, April 2007  -  780 words
    • Article
      Lock icon Hyflux to build used-oil recycling plant in Vietnam
      382 9  -  CONRAD TAN Joint venture to act as springboard for expansion into region By HYFLUX has entered into a joint venture to build a used-oil recycling plant in Vietnam, said the water treatment company yesterday. It is expected to pave the way for
      382 words
    • Article
      Lock icon Rising S$ will hurt many tech firms: Citibank
      494 9  -  LYNETTE KHOO BY LOCAL tech stocks, which have long lagged the surging broader market, may be dealt another blow by the recent appreciation of the Singapore dollar, which is expected to squeeze margins further, Citibank says in a report. Although many tech
      494 words
    • Article
      Lock icon SingTel plans to bid for Ghana Telecom: report
      358 9 Reuters Ghana telco valued atUSslb;upto66% stake up for grabs SINGAPORE Telecommunications, South-east Asia's largest telecommunications firm, plans to bid for a majority stake in state-owned Ghana Telecom, in a deal likely to be over US$5OO million, banking sources told Reuters. An acquisition
      – Reuters  -  358 words
    • Article
      Lock icon Shin considers plans to sell ITV; no final decision on price, buyer
      198 9 Reuters [BANGKOK] Shin Corp, Thailand's top telecommunications group, yesterday said that it was considering several alternatives to selling its holding in its 53 per cent owned subsidiary ITV, which lost its broadcasting licence. But Shin, controlled by Singapore's
      – Reuters  -  198 words
    • Article
      Lock icon SNF places out 31.5m new shares
      422 10  -  MICHELLE QUAH Move follows bid by new substantial shareholders to oust board BY SNF Corp, which is caught up in a boardroom tussle with a group of new shareholders, yesterday announced the placement of 31.5 million new shares to 18 individuals. The new stock
      422 words
    • Article
      Lock icon Eu Yan Sang to sell unprofitable Aussie clinics
      386 10 -Reuters TRADITIONAL Chinese medicine maker Eu Yan Sang International plans to sell its three loss-making Australian clinics and is looking to China as an engine for growth, the firm's CEO said yesterday. "The potential was there and we did develop a reasonably
      -Reuters  -  386 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7711 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (Spore) Star Europe Eqty!** 1.112/ Star Europe Bond 1.187/ Star Europe Bal 1.268/ Star Asian Tiger Eqty 1.843/ Star Asia Bond 1.265/ Star Asia Balanced 1.116/ Star Global Technology Fund!" 0.25/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.864/ Gib Multi St USD
      7,711 words
  • Page 8 Advertisements
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      1 8 HSililii^toZri
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      427 8 WORKSHOP "Outsell and Out Service The Competition" 19 October 2007 (Fri) 9am to spm SPH News Centre Participants learn: ,JjB^. The motivators and de motivators of a sales career T r-i- How to handle the fear, stress, anxiety and pressures A I™^" *°5 h^S? 7nE while achieving sales success have
      427 words
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      17 9 Mandarin Oriental Singapore. 5 Raffles Avenue, Marina Square, Singapore *****7. Telephone: +65 6338 0066. Email: mosin@mohg.com www.mandarinoriental.com
      17 words
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  • Page 10 Advertisements
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      69 10 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. Global lnvestors *-> company regn. no *****7169Z k* r M LEARN FROM YOUR MISTAKES m "This time is different" are among the most costly four
      69 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Unit trusts rebound 3% on average in Sept
      491 11  -  CONRAD TAN Funds invested in US$ fixed-income products among worst performers By AFTER sliding one per cent in August, Singapore-regis-tered unit trusts rebounded 3 per cent on average in September, according to fund tracker Lipper. Equity funds led the gains with an
      491 words
    • Article
      Lock icon Women needed on boards: minister
      192 11  -  WEE LI-EN By THERE is still room for much greater representation of women on corporate boards, Minister of State for Finance and Transport Lim Hwee Hua said yesterday. Noting an increasing number of female lawyers being called to the Bar every year, Mrs Lim said
      192 words
    • Article, Illustration
      Lock icon Retail sales up 6.7% in Aug at $2.59b
      520 11  -  LYNETTE KHOO By THE two percentage-point rise in goods and services tax (GST) has failed to put a dampener on consumer spending, figures for August show. Retail sales posted a sturdy 6.7 per cent year-on-year growth to $2.59 billion, data released by
      REUTERS  -  520 words
    • Article, Illustration
      Lock icon The peace dividend is over: Tharman
      584 12  -  CHUANG PECK MING Greater uncertainty on the horizon makes every business more vulnerable By BRACE yourself for higher inflation and prepare to pay a higher interest for that bank loan. Great uncertainties lie ahead for businesses in Asia even as the region offers great
      FILE PHOTO  -  584 words
    • Article, Illustration
      Lock icon The Estoril put up for collective sale at $208m
      416 12  -  ARTHUR SIM No DC payable; price works out to about $1,536 psf per plot ratio By THE Estoril on Holland Road has been put up for collective sale, and the indicative price is $208 million. This works out to about $1,536
      416 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Hotel Plaza wins Upper Pickering Street site
        76 12 THE tender for the hotel site at Upper Pickering Street has been awarded to Hotel Plaza Limited, which submitted the highest bid in the Urban Redevelopment Authority (URA) tender $253.2 million or $8,663.22 per square metre of gross floor area (GFA). The maximum
        76 words
      • Article
        Lock icon Caltex sponsors Amazing Race Asia
        48 12 FOR the second year running, Caltex will be a major sponsor of The Amazing Race Asia. Viewers will be offered programming featuring team challenges involving Caltex petrol with Techron and other product brands when the series returns to TV screens later this year.
        48 words
      • Article
        Lock icon Staff changes at Pan Pacific Hotels
        46 12 PAN Pacific Hotels and Resorts has announced the promotions of 13-year veteran Alka Kapoor to vice-president of distribution and revenue management, and Mark Fancourt to vice-president of information technology. Isaac Poh will be joining the company as online marketing manager.
        46 words
      • Article
        Lock icon Tata stages business quiz in Singapore
        56 12 THE Tata Group will be putting Singapore's brightest to the test when it stages India's most challenging business quiz, the Tata Crucible International Business Quiz, in Singapore on Oct 24. Singapore will be the launch pad for the Tata Crucible internationally, before it is
        56 words
  • Page 11 Advertisements
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      86 11 If you are facing any of the following: 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 staff
      86 words
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      2124 12 !!TikstT ¥ci •HTi magnus energy group ltd. ■uffW JEM Company Registration No. *****1375M Mff^^ffffffffnlffilTrJfflfflHffCT^^^WM (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF SIXTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MAGNUS ENERGY GROUP LTD. ("the Company") will be held
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      1 12 ps?«»^*^«
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  • SMEspotlight
    • Article, Illustration
      Lock icon Never miss a conference again
      1202 13 Organisers and delegates can now visit Conference Bay, an online portal where they can book and bid for seats, writes NANDE KHIN HEN Arnout Mostert, then a senior executive with a large multinational company, had to attend a conference in London about six years ago,
      YEN MENG JIIN  -  1,202 words
    • Article, Illustration
      Lock icon Reaching out to the hungry masses
      630 14 SMALL CAPS Rebranding helps Tung Lok reach out to mid-market segment, writes WEE LI-EN TUNG Lok Group, a homegrown restaurant chain, has undergone a major rebranding exercise to reach out to different market segments, especially the mass market. Tung Lok, which has a wide
      NEOH KEE LENG/LIANHE ZAOBAO  -  630 words
  • Page 13 Advertisements
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      127 13 USA every day. •-*!> At great prices. HK K* <19 k'fli -V &±> i f l^^^S jPSft £iife a jji^r^^ /I Terms Conditions Fares shown are per person for a round trip. Booking Period from 15th October to 16th November, 2007. Travel Period from 15th October to 31st December, 2007.
      127 words
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  • Page 14 Advertisements
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      111 14 THE OLDEST CHINESE RESTAURANT IN SINGAPORE! 78 th ANNIVERSARY SPECIAL <Y^g^ 'I <^8k KJmSSSBm t '/f^MMffil Parking Ava>lflble J GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. 8 December 2007 Bpm j^^j^^~ Singapore Indoor Stadium Prices exclude $2 SISTIC booking fee
      111 words
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      106 14 I T^ SAVE TAX I Our qualified professionals W/M-J can assist you with offshore p| J structures, shelf companies and incorporations in ALL jurisdictions including: T^T I British Virgin Islands Cayman Islands Bahamas I Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Rise in China reserve ratios may flatten yield curve
      774 15 Reuters Central bank seen determined to curb bank lending, money supply growth [SHANGHAI] A hike in Chinese bank reserve ratios to a record high may flatten the yield curve while bringing closer a pull-back in the soaring stock market, traders and
      ■ Reuters; AP  -  774 words
    • Article, Illustration
      Lock icon Paulson faces pressure from Europe to strengthen US dollar
      680 15 Bloomberg Exporters priced out as euro hits record high against US$ [WASHINGTON/PARIS] A former Master of the Universe like Henry Paulson does not often find himself on the defensive. But at international meetings this week in Washington, he will be. Under
      Bloomberg; AFP  -  680 words
    • Article
      Lock icon UK private sector pay rises seen at 3-4.5% next year
      196 15 Reuters [LONDON] Private sector wages in Britain will rise 3-4.5% next year while public sector workers can expect salary increases of only 2-2.5%, Incomes Data Services (IDS) said yesterday. Prime Minister Gordon Brown has stressed that public sector pay increases
      – Reuters  -  196 words
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      458 15 Blackßerry. Let your email follow you Get these G PS-enabled Blackßerry® smartphones. j|__ Blackßerry® Curve™ 8310 imim»- Smartphone I iimhih.:™. Titanium Colour B:l3Bfli Kran WnftU UptoltdrtpOt I sms/mms 11 ai jt* I '""-on I -T% I 4:lspm StsbismEefrig ilrxxn *1B j-3] pm Conference c^l on SunTalk Plus 700 and H^^^^Bl
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  • Page 16 Advertisements
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      106 16 Gotojobs.st7ol.com h"\ ■fed l^k I I v-. II jK II^w?IRB Go to cars.st7ol.coin, ffln /W 1 ■:'''^4iiiA''\^§ the round-the-clock virtual showroom L-^* SfM %A#l Ik I a Sony Vaio worth $1999 r —^7 <^^BW Iff WHEN YOU SIGN UPAS AN ST7OI M J W$ MEMBER FROM NOW TILL 31 OCTOBER
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon M'sian insurers pressed to merge
      440 17 European, Japanese firms interested in acquiring stakes in local companies [KUALA LUMPUR] At least 10 general insurance companies are under pressure to merge with larger capitalised companies as a deadline nears for them to maintain sufficient capital adequacy ratio according to their risk profile, The
      440 words
    • Article
      Lock icon JAKS Resources sees growing order book
      164 17 PIPE producer JAKS Resources Bhd anticipates its order book will grow to over RMI billion (***** million) next year with the roll out of more water-related projects. Chief executive officer Andy Ang Lam Poah told The Star newspaper that the Pahang-Selangor interstate water transfer
      164 words
    • Article
      Lock icon Indonesia on track for 6.3% growth with investments
      213 17 Xinhua JAKARTA] Rising investment and an in-check inflation "ate are seen pushing Indonesia's economy towards the 5.3 per cent growth targeted by the government for the /ear, Indonesia's Investment Board (BKPM) says. By the end of September, actual foreign direct investment (FDI)
      ■ Xinhua  -  213 words
    • Article, Illustration
      Lock icon Plan to transform KL's Pudu Prison into commercial hub
      449 17 [KUALA LUMPUR] Property developer UDA Holdings Bhd will begin transforming the Pudu Prison area in Kuala Lumpur into a commercial hub next year,says a report in Malaysia's Business Times. "We have plans to turn the area into a commercial development, which
      FILE PHOTO  -  449 words
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      969 17 N THE MATTER OF IN THE MATTER OF I I THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CAP. 50 J^ AND AND jtTi IN THE MATTER OF IN THE MATTER OF /HMk SINGAPORE SOVIET SHIPPING VERVE VOGUE PTE LTD *=3^K ~N CReSZTvO^NTARY *"> VIBRO P O W E R
      969 words
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      2279 17 SILVERLAKE I SILVERLAKE AXIS LTD —~.~UCIS I {Incorporated m Bermuda with lirnit&d liability) NOItCE IS HEREBY GIVEN thai a Special Gene»al Meeting of Silverlake Ams Lid (the 'Company') will be Held at Pen Pacific Singapore. 7, Raffles Boulevard, Manna Square, Efrjapora 0.w% on 31 October SM7 at i i-3Qa,m,(t> won
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  • GREATER CHINA
    • Article
      Lock icon Alibaba's HK IPO to tap up to HKslo.3b
      520 18 Bloomberg Sale of 17% stake values Yahoo-linked Internet company at up to USs7.Bb [HONG KONG] Alibaba.com Ltd, operator of China's largest trading website for companies, and its parent may raise as much as HK$lO.3 billion (Ssl.9 billion) in a Hong Kong initial
      – Bloomberg  -  520 words
    • Article, Illustration
      Lock icon China offers Taiwan peace ahead of polls
      358 18 Bloomberg Hu ready to discuss ending hostility with any political party [BEIJING] Chinese President Hu Jintao said yesterday that he is ready to discuss a peace agreement with Taiwan, a territory China has previously threatened to invade. "Let us discuss a formal end
      – Bloomberg; BLOOMBERG  -  358 words
    • Article
      Lock icon China's Orient Sec plans US$4b IPO: sources
      389 18 Reuters [SHANGHAI] Orient Securities Co, China's eighth-largest brokerage by profits, has applied to launch a domestic IPO to raise about US$4 billion, taking advantage of a bullish market to fund its expansion, sources said yesterday. The firm plans to issue up to 1.5
      Reuters  -  389 words
  • Page 18 Advertisements
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      486 18 Delectable Hawker Gourmet Be spoilt for choice with Cafe Vic's extensive buffet spread ranging from delectable hawker fare to S. succulent BBQ meats. Indulge in famous local delights |Agt* like fish head curry, bak kut teh, roti prata and laksa or stop by our outdoor BBQ station to enjoy mouth-watering
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  • INDIA
    • Article
      Lock icon China joins Indian stockmarket party
      416 19  -  SIDDHARTH SRIVASTAVA Fast-growing firms in Pharmaceuticals and software appear likely initial targets By in New Delhi EVEN as Indian stock prices soar to record heights, observers have been pointing at an important new foreign investor: China. Over the last few weeks, foreign institutional investors (FIIs)
      416 words
    • Article, Illustration
      Lock icon India set to become media powerhouse
      291 19 -AFP [CANNES, France] India is rapidly becoming one of the world's media powerhouses, making leaders of the global entertainment business attending last week's MIPCOM audiovisual trade show sit up and take notice. "The media companies in India have readied themselves, they are now powerful
      -AFP; REUTERS  -  291 words
    • Article
      Lock icon Nuke deal at risk as govt backs down in row with leftist allies
      293 19 Reuters [NEW DELHI] Life is ebbing away from India's controversial nuclear cooperation deal with the US after the government appeared to back down in a row with its communist allies to save itself from a snap election.
      – Reuters  -  293 words
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      64 19 llgjjggll PRICE GUIDES www.hardwarezone.com® handy Mobile-Phone Price Guide is all you need. With a click of your mouse, even details like Operator Contracts and Phone Plans will be at your fingertips. So log in now for the best Mobile-Phone Prices! Bind -No SGDI2BB.OO 40x480 ■MP10) n slot tfft Q %PCam)
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      183 19 15ai SIS PSBSJ BUS MM Hi N filHTln nlfffr? IB Singapore Tokyo Tokyo Singapore Morning Flight Night Flight Flight No Dep Arr Flight No City Dep Arr Flight No City Dep Arr Flight No Dep Arr NHB San Francisco 17:05 10:30 NH 7 San Francisco 12:10 15:10+1 NHII2 08:30 16:20
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Citigroup profit for Q3 down by 57%
      549 20 -AP Results slightly better than the 60% fall the bank had previously estimated [NEW YORK] Citigroup Inc said yesterday that its profit for the third quarter dropped 57 per cent after the biggest US bank took a hit of more than US$3 billion
      -AP; BLOOMBERG  -  549 words
    • Article
      Lock icon US banks act to avert asset dumping
      514 20 Heuters, Af, aioomuerg They pool funds to bolster structured investment vehicles [NEW YORK] Major banks including Citigroup, Bank of America Corp and JPMorgan Chase Co yesterday announced that they were pooling money to prevent investment funds from having to dump assets into the
      – Heuters, Af, aioomuerg  -  514 words
    • Article
      Lock icon Howard unveils tax cut plan ahead of polls
      392 20 -AP I [CANBERRA] Prime Minister John Howard yesterday promised As34 billion (Ss4s billion worth of tax cuts as part of an election campaign that the latest opinion poll suggests would end in a crushing defeat. The sweeping tax reform package, announced one
      -AP I  -  392 words
    • Article, Illustration
      Lock icon Nomura exits US sub-prime market after large losses
      499 20 -AFP [TOKYO] Japan's Nomura Holdings Inc yesterday announced its exit from the US market for mortgagebacked securities after suffering large losses because of the sub-prime loan crisis. Nomura Holdings Inc, Japan's biggest securities firm, said it would slash 400 jobs, or 30
      -AFP  -  499 words
    • Article
      Lock icon Nintendo's market value shoots past 10t yen
      182 20 Reuters [TOKYO] Nintendo Co Ltd zipped past 10 trillion yen (*****.9 billion) in market value on blistering demand for its red-hot game machines, having almost tripled in value since launching its new Wii console late last year. Nintendo is now Japan's third-most valuable
      Reuters  -  182 words
    • Article, Illustration
      Lock icon Nobel Prize for economics goes to three Americans
      420 20 ■AP [STOCKHOLM] Americans Leonid Hurwicz, Eric S Maskin and Roger B Myerson won this year's Nobel Memorial Prize in Economic Sciences yesterday for developing a theory that helps explain situations in which markets work and others in which they don't. The three
      ■AP; REUTERS  -  420 words
    • Article
      Lock icon Judge overturns bequest to Tories
      236 20 -AP [LONDON] A businessman who admired Margaret Thatcher so much that he left his millions to her Conservative Party was not of sound mind when he made the bequest, a judge ruled yesterday. High Court judge Launcelot Henderson ruled that Branislav Kostic was mentally ill
      -AP  -  236 words
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      36 20 M THE COMPLETE MIND BODY GUIDE FOR WOMEN I I '-4M W fc SINGAPORE I SS»Pr '-y^j) Bg. FOODIE ALERT 1 ■k^/ Uwfl GUILT-FREE I I Wmc^^i,'^€% dining! AROUND I 171 VI ill SIHGAPORE ■Sift *Ske|
      36 words
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  • WORLD
    • Article
      Lock icon Crude hits record high on Turkey-Iraq row
      533 21 Bloomberg, AFP November delivery climbs 1.8 per cent to U5585.19 in electronic trading on Nymex [LONDON] Crude oil rose to a record above US$B5 a barrel as tensions on the Turkey-Iraq border increased concern that supplies may be threatened as global inventories decline.
      Bloomberg, AFP  -  533 words
    • Article, Illustration
      Lock icon Bacon painting raises £7.2m for art college
      501 21 Bloomberg [LONDON] A Francis Bacon painting owned by London's Royal College of Art sold for £7.2 million (5521.3 million) before commission at Christie's International last Sunday. The painting just beat its low estimate of £7 million. A Damien Hirst statue missed its low
      Bloomberg; AP  -  501 words
    • Article
      Lock icon Philips Q3 profit up but medical unit slips
      173 21 Reuters [AMSTERDAM] Dutch Philips Electronics yesterday posted a quarterly core profit above average analyst expectations, but its key medical systems unit posted a surprise decline in earnings. Philips said its third-quarter earnings be- fore interest, tax and amortisation rose to 438 million
      Reuters  -  173 words
    • Article
      Lock icon Mattel Q3 profit misses target
      246 21 Reuters Dip in profit due to charges stemming from global recalls [NEW YORK] Mattel Inc, the world's largest toy company, posted a lower quarterly profit yesterday, missing Wall Street estimates, on charges stemming from its recent global recalls of potentially harmful toys. The maker of
      Reuters  -  246 words
    • Article
      Lock icon iPhone has hazardous chemicals, difficult to recycle: Greenpeace
      223 21 Bloomberg [SAN FRANCISO] Apple Inc's iPhone contains hazardous chemicals and materials that are difficult to recycle, according to the environmental group Greenpeace. Some iPhone components tested positive for chlorinated plastic polyvinyl chloride (PVC) and bromine flame retardants that can be a toxin
      – Bloomberg  -  223 words
  • Page 21 Advertisements
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      159 21 EXCEL IN YOUR BUSINESS IN J& A AN ENVIRONMENT LIKE NO OTHER. Every business executive understands the importance of having a conducive business environment. That is why many of them choose JflE^ Parkroyal as their preferred hotel when they are away on a business 9jp trip. Strategically located in the
      159 words
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  • AVIATION
    • Article, Illustration
      Lock icon Air China sees need to develop 'super-carriers'
      683 22 Reuters Airline leaves its options open in its bid to buy into rival China Eastern [BEIJING] China's airline industry needs to spawn one or two "super-carriers" capable of competing with international airlines, the chairman of Air China Ltd said, indicating that the firm
      – Reuters; REUTERS  -  683 words
    • Article
      Lock icon Qantas to begin flights between Melbourne, Shanghai from March
      259 22 Xinhua, AP [BEIJING/SYDNEY] Australian flag carrier Qantas will offer semi-weekly, non-stop flights between Melbourne and Shanghai from March 2008, said the company's Beijing office. The new service will use two-class Airbus A330 aircraft which will depart Shanghai for Melbourne on Mondays
      Xinhua, AP  -  259 words
    • Article
      Lock icon SilkAir reduces flights to Myanmar
      174 22 -AFP It is now flying 12 times a week, down from 14 [SINGAPORE] SilkAir, the regional unit of Singapore Airlines, yesterday said that it has reduced service to Myanmar because of uncertainty in leisure travel to the military-ruled state. Two flights a week from Singapore
      -AFP  -  174 words
    • Article
      Lock icon Myanmar Air Int'l suspends services to Bangkok, KL
      269 22 Xinhua [YANGON] Myanmar Airways International (MAI) has temporarily suspended its flights from Yangon to Bangkok and Kuala Lumpur because of insurance failure on the aircraft used on the two routes, a local weekly reported yesterday. As they no longer have full coverage,
      ■ Xinhua  -  269 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2361 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,361 words
  • Page 22 Advertisements
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      138 22 BT/ZUJI Deals of the Week /^/Vy/zO' t_^V f^ I 'y^ r wi*r ffi\ :^t%w4& IP^____l_______ BUSINESS CLASS (from I ECONOMY CLASS (from HOTEL (from Bangalore $723 $432 $47 MalaysiaAirlines Singapore Airlines DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $399 (Cathay Pacific) $130 Swiss International) $30 Rain
      138 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      304 22 CRYPTIC CROSSWORD ACROSS i /i-\ I I I capital {d) MM 4 Former domestic beyond BJ BJ B^Hj BBVJ BJ BJ redemption (4,4) 8 II BBbI Bl Bl^ 8 It's a blowwhen senior gets __l mT^H commission (8) BJ BJ BBBJ 9 Excursions that boost one's Ti BP B^ BBBf
      304 words
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  • SHIPPING
    • Article, Illustration
      Lock icon CSCL plans Shanghai listing to fund fleet expansion
      621 23 Reu :ers Container ship operator sees better transpacific operations in 2008 [HONG KONG] China Shipping Container Lines Co (CSCL) aims to list in Shanghai before the end of 2007 to buy container assets from its state parent and to fund a 44
      Reu :ers; BLOOMBERG  -  621 words
    • Article
      Lock icon STX bags USs22om deal from French firm
      255 23 Bloomberg Order from Technip is STX's first offshore project [HONG KONG] STX Shipbuilding Co's unit won a US$22O miUion French order to build a facility for making and laying underwater pipes, part of the South Kore- an shipbuilder's strategy to enter the oil
      – Bloomberg  -  255 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        108 23 '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 0.99 0.38 7.00 1.26 6.90 0.86
        108 words
      • Article
        Lock icon KLSE
        34 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.59 9.90 9.85 4.82 2.90 unch 2.29 0.10 unch unch 0.02 unch unch -0.01 65: 2: 27} 13V 8!
        34 words
      • Article
        Lock icon BANGKOK
        12 23 ■oo ■recious Ship Jegional Cont 38.50 31.00 unch -0.50 290! 54'
        12 words
      • Article
        Lock icon HONGKONG
        11 23 '000 Doil iingamas Cont 81.75 4.40 0.95 -0.08 88! 2671
        11 words
      • Article
        Lock icon PHILIPPINES
        20 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.30 42.00 unch unch 0.10 2.50 unch unch 78! B4(
        20 words
      • Article
        Lock icon TAIPEI
        25 23 Evergreen Marine ....33.45 :irst Steamship 94.50 /Van Hai Lines 30.75 r"ang Ming Marine ..28.75 0.25 -1 40 -0.25 -0.10 21 2; 1! 2; 1!
        25 words
      • Article
        Lock icon TOKYO
        43 23 '000 Oct15 Yen Vol Kawasaki Hvy Ind ..435.00 unch ***** Kawasaki Kisen ..1744.00 6.00 8240 Mitsubishi Hvy 714.00 2.00 9847 Mitsui Eng&Sbldg .716.00 17.00 ***** Mitsui Osk Lines...2020.00 42.00 8524 Nippon Express 611.00 14.00 4377 Nippon Yusen 1257.00 26.00 ***** Source: Reuters
        43 words
    • Article
      Lock icon Record profit in Sept for Daewoo Shipbuilding
      191 23 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipyard, reported a record profit in September, boosted by an increase in orders and prices for vessels to move fuel and consumer goods. Net income was 66.7 billion won (Sslo6 million) last
      – Bloomberg  -  191 words
    • Article
      Lock icon Glut may curb gains in tanker rates
      364 23 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may stall after three days of gains because there are more ships for hire than there are cargoes. Refineries have probably hired all the tankers they
      Bloomberg  -  364 words
  • Page 23 Advertisements
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      2056 23 @ahWell ANWELL TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****8707W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of Anwell Technologies Limited (the "Company") will be convened on 31 October 2007 at 18 Cross Street, 8* Floor, Marsh McLennan
      2,056 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Bridge the great Indian economic divide
      484 24 INDIA'S middle class, it seems, has woken up from existential lethargy. The so-called "Hindu rate of growth" is past. Economic numbers grow more impressive by the month. But with great success has come great indulgence. The Indian mainstream media now publishes magazines with names
      484 words
    • Article, Illustration
      Lock icon A gulf divides political elite and the US public
      1339 24  -  LEON HADAR Reactions to US policy on global issues shows up a division in govt and public attitudes IF you have been monitoring the latest opinion polls that measure the American public's shifting attitudes on the Iraq War, international trade and
      AFP  -  1,339 words
    • Article, Illustration
      Lock icon EU can be a role model – once it sorts out reforms
      746 24  - EU can be a role model once it sorts out reforms SHADA ISLAM THE BOTTOM LINE RIGHT on cue, European Union leaders are tying themselves in knots over details of the new reform treaty to be discussed at their Oct 18-19 summit in Lisbon. Some of the questions border on
      746 words
    • Article, Illustration
      Lock icon Sragen shows Indonesia how to cut red tape
      879 25 Reuters The central Java regency is a showcase for efficiency that augurs well for the country [SRAGEN, Indonesia] Indonesians joke that if a bureaucrat can complicate your life, why would he bother to make it simple? Day to day, Indonesians regularly bump
      – Reuters \; REUTERS  -  879 words
    • Letter
      Lock icon Most CPF members won't welcome risks taken by Temasek
      465 25 LETTER TO THE EDITOR IN the letter headlined "A free hand for CPF to create wealth for members" (BT, Oct 10), Tan Keng Tat asked that CPF be allowed to invest directly in Temasek Holdings or in the Government of Singapore
      465 words
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  • Page 25 Advertisements
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      178 25 BY SIGNING UP FOR FREE SPH BREAKING NEWS Jr "w^y -^JfciS^^ ffu\rl^MHi Keep up with the latest happenings and critical developments around the world with news straight <# out PH newsroom! As long as you have a WAP-equipped mobile phone or PDA, you can easily mi iff ''l/s&WJfM IRwJ^S choose
      178 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8460 26 Transaction date: Oct 15 »-wks Tel Low Code Last Sale Vol ('000) Hii )ay L Low Bu; .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hii Com[ i an; 3.5 2 5716 1st Software 22 7 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389
      8,460 words
    • Article
      Lock icon SGX SESDAQ
      2304 26 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
      2,304 words
    • Article
      Lock icon SGX XTRANET
      82 26 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 Com] >am Hii ***** 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • Article
      Lock icon CLOB INTERNATIONAL
      67 26 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 141 105 6000 AVJennings 21.5 5 6134 Over&Gen 64 15.9 6017 StarCruises 320 179 6019 TanChonglnt A125cd A12 IS47 IIK270 +1.5 ***** 48.5 45.5
      67 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      372 27 Oct 12 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminan 1202.5 0.1 9.3 0.2 7.7 0.0 12.9 t EAFE Preliminan 1194.4 -0.3 7.8 -0.3 8.6 -0.5 13.8 Eun Preliminary 1623.3
      372 words
    • Article
      Lock icon FOREIGN CURRENCY
      130 27 A. s 9am NOTE RATES octis Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3170 1.3330 Can dollar 1.4970 1.5150 Euro 2.0640 2.0870 NZ dollar 1.1240 1.1490 Sterlin ind 2.9610 2.9940 US dollar 1.4570 1.4740 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 27 Oct IS STI ;imsci Oct 474.5 478.5 474.9 "aiwan Oct 368.9 370.1 369 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon INTERBANK RATES
      164 27 oa is fer Overnight 2 1/4 1 -month 2 3/8 2-months 2 3/8 3-months 2 7/16 Overnight mode: 2 1/4 USS Offer 2 1/8 2 1/4 2 1/4 2 5/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.95 5.10
      164 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 27 Oct IS Bid Offer 1-month 1.4592 1.460. 2-months 1.4561 1.457. 3-months 1.4527 1.45. 6-months 1.4445 1.445! Source: OCB<
      21 words
    • Article
      Lock icon SICOM FUTURES
      278 27 octis RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Nov 07 Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 342.00 342.75 344.50 345.00 345.75 348.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      278 words
    • Article
      Lock icon CHICAGO BOT
      101 27 Oct 12 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov07 976.75 981.50 993.00 974.00 Jan 08 995.25 1001.00 1011.00 992.00 Mar 08 1007.75 1010.75 1022.00 1005.00 May 08 1012.00 1013.00 1022.00 1009.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct07 39.38 39.40 Dec 07 39.53
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      73 27 CRUDE OIL PRODUCTS octu origin] US$/barrel Close Cham Brent blend (1-Mth F) 80.06 0.21 WTI (Near Mth) 83.73 0.69 Dubai (1-Mth F) 74.98 0.44 Tapis blend 85.05 0.25 Minas 82.55 0.3 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.45 94.00 0.10 1.1 US$/barrel Opec Oil Basket Price 75.36
      73 words
    • Article
      Lock icon INTERBANK CROSS RATES
      452 27 Oct IS iuro ren (on 'eso lam ■ouni Australia 0.881 6.822 0.637 7.029 35.631 82.142 1.066 8.314 3.055 1.175 54.961 39.902 1.327 6.095 1.069 29.557 30.958 0.445 0.907 Canada 1.135 7.744 0.723 7.980 40.451 93.253 1.211 9.438 3.468 1.334 62.395 45.299 1.506 6.919 1.214 33.555 35.145 0.505
      452 words
    • Article
      Lock icon GOVERNMENT SECURITIES TREASURY BILLS
      87 27 Oct IS 'erioi Issue code turity resterday's Bid lay's Low Hi, 3-Month BQ*****X 17.01.08 1-Year BY*****A 29.09.08 2.31 2.18 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      87 words
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      Lock icon SIBOR
      77 27 octjs (USS) (S$) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 5.***** 2.***** SWAP Offer rates (SS) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.*****
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      Lock icon PALM OIL
      66 27 Oct 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Oct 07 2797 2800 2804 2797 52 334 Nov 07 2729 2776 2779 2729 1695 ***** Dec 07 2677 2731 2742 2677 6031 ***** Jan 08 2675 2718
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      Lock icon PRECIOUS METALS
      138 27 oais (US! f/oz) Oct 12 Oct IS Hong Kong London 746.40 754.50 747.40 755.50 Oct 10 Oct 12 742.20 747.60 742.90 748.20 Source: Reuters CAST BAR (S$) Oct IS Buying Sellini Kilobar "37,972.16" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz
      138 words
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      Lock icon LONDON METALS
      69 27 octn Aluminium, 99.7% purity (US$/tonne) Close Previoui Cash 2453.00 2418.00 3 months 2505.00 2470.00 Copper, Grade A (US$/tonne) Cash 3 months 8112.50 8065.00 8133.50 8080.00 Lead (US$/tonne) Cash 3921.00 3 months 3820.00 3929.00 3835.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 3200.00 *****.00 Tin (US$/tonne) Cash 3 months
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      Lock icon LIFFE
      81 27 Oct 12 Close Prev Hii ih/Low Dec 07 932 940 Mar 08 946 951 May 08 957 961 Jul 08 968 973 940/928 952/943 962/962 972/965 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2150 2065 2234/2073 Jan 08 1855 1838 1890/1840 Mar 08 1819 1800 1843/1813 May 08 1823
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      Lock icon INTERBANK CURRENCY RATES
      152 27 Oct IS Zurrencies Bid Offer Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.3260 1.3276 0.9064 0.9069 'anadian dollar 1.5054 1.5072 1.0290 1.0295 iuro 2.0811 2.0828 1.4226 1.4228 IZ dollar 1.1282 1.1298 0.7712 0.7718 Sterlim 2.9824 2.9847 2.0387 2.0389 IS dollar 1.4629 1.4639 >$IUS$
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      Lock icon SGX DERIVATIVES TRADING
      333 27 oc* iURODOLLAR FUTURES 3ecO7 VlarO8 lunO8 iepO8 95.040 95.240 95.365 95.425 0 0 0 0 ***** ***** 5680 8851 EUROYEN FUTURES 3ecO7 99.115 99.115 VlarO8 99.065 99.070B lunO8 99.030 99.035 iepO8 98.970 98.975 3ecO8 98.895 98.895 VlarO9 98.815 98.825B lunO9 >epO9 99.110 99.060 99.025 98.965 98.885A 98.815
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      Lock icon BONDS & WARRANTS
      2643 27 BONDS WARRANTS Vol Conv Exer Prem Expiry Disc Gear- Mths Pel Last lode Comi Sale +orC000) Ratio Price ing Left 2835 Allgreen RBeCW*****6 9 0.5 150 0.5 218 7 4105 #Asiatravel W*****7 40 -1 11 1 28 -1 1.73 31 2853 AusGrpMBI_eCW*****0 9.5 -0.5 1180 0.5 210 2 2878 Aztech
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      2475 28 m The Business Times Shipping Times B""""! |JHHflfl wMmmfmS^SmlSm UK CONTINENT SERVICE U.S.A SERVICE VflMfW Destination Destination STXPO TBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL Fk r u/ii ljpi rf k i WALLENIUS WILHELMSEN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I I C T I f C MIDDLE-EAST SERVICE
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      3026 29 WAN HAI INTERNATIONAL PTE LTD (G*)'l C^ tl *t^ Vrr^V llflll II A I Ulirr TEL*****588 (14LINES) FAX:*****163 ■StSttM I^B JW *^*g \\VI\WAN HAI I NFS (<"'<""« Service/Bookings DirettUne-(1800) *****200 W^mSM wFFIfI V FYPRFSS CAII IMP SrHFnill F V^jLs-A ll*»l fclllfcl* PKL lEb (03| *****88S FAX: <03| *****288 PEN TEL:
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      2394 30 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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  • PROPERTY
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      Lock icon Plunge in Japanese housing starts set to cut Q3 growth
      730 31 Reuters Slowdown will make it harder for Bank of Japan to justify raising interest rates [TOKYO] A plunge in Japanese housing starts triggered by tighter building rules looks set to slash third-quarter economic growth, which would make it even harder
      – Reuters; BLOOMBERG  -  730 words
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      Lock icon Finance sector: future demand trends
      1326 32 The office space needs of financial institutions are changing globally. CHRIS ARCHIBOLD discusses how Singapore is rising to the challenge THE financial services sector has seen unprecedented growth in Singapore over the last two or three years, both as a result of domestic growth and
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      Lock icon M-E property boom still going strong
      1247 33 FAZLUR RAHMAN KAMSANI and COLIN TAN say markets in GCC nations are gradually primed for another growth phase CONTRARY to perceptions in some quarters, the real estate boom in the Middle Eastern markets of the GCC (Gulf Cooperation Council) countries has yet to run
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      Lock icon URA to woo Mid-East investors at int'l event
      368 34  -  ARTHUR SIM It will sell S'pore as destination for real estate investments at Cityscape Dubai By THE Urban Redevelopment Authority (URA) will sell Singapore as a destination for real estate investments to Middle East investors at Cityscape Dubai, an international property event.
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      Lock icon Six Prudential Tower floors sold for $141m
      465 34  -  KALPANA RASHIWALA Owner Prudential to be paid in units of property fund By PRUDENTIAL Assurance Company Singapore is said to have sold six of the seven office floors it owned at Prudential Tower to a property fund for $141 million in exchange for
      FILE PHOTO  -  465 words
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      903 31 FOR SALE Vfi BY TENDER jA^MjKVK^Hjj TOHO GARDEN Freehold Residential Site Rosyrh sch .212A/214A/216A Yio Chu Kang Road ct° re WE 3 < HOUGANG WE 2 *ldeal fOr ReSOrl Condominium o pohhuatrd Tranqui Environment chomp IFPT Rosyth School, Paya Lebar Meth I Silt Girls'Pri/Sec Sch serangoonGdnway g 6 d Serangoon
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      161 32 nw* s -tjafg| ?^Lc -."Wife-.- i~-»^'*^. w^"-11^'"- ■•■*?^-^sj w^^fc "~^^*fti '^*i^u^- "^^il"^^"^I^ Jit B^SB| |rti*?- Pearl Island, a vast 14,840 square metres of premium marina enclave offers you a priceless opportunity to develop our last 19 luxury waterway villas with private berths in every backyard. Perfect for easy getaways to
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      267 32 liiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiimiii INTERNATIONAL PLAZA OFFICE FOR SALE 463 SQ FT 862 SQ FT* 937 SQ FT SEAVIEW, MRT-BUS STOPTAXI STAND DIRECTLY BELOW, PRICES GOING UP AFTER RENOVATION can 6222 5066 liiiiiiiiiiiiiiiiimiimmii[^i:":";;;::s;! BISHOPSGATE *****/8500 sq ft, Beautiful, elevated land, Privacy quiet, good layout Best of the Best Location BOTANIC GDNS *****/7500 sqft,
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      258 33 PRIME DEVELOPMENT SITE FOR SALE BY TENDER I 77 I •95& 97 Holland Road, The Estoril Nanyang Pn Sch m/ty 'Regular site layout approx. •Plot Ratio 1 6'Freehold a! L/ "'"subject// •No Development Charge M Ma^ SITE Short drive to Orchard Road ico; q "ACS J I s z inri^
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      396 33 fTffff^j| ICJLLLOIIVE SALE ■m^y DERBY COURT ■si Novena Square /velocity I Dll Prime NovenaArea KmM Novena Medical Suites ru a LMEINRD -Freehold Residential Site 3. sjuunior -LandArea 18,506sqft t ESSEX% subject acs united «K SITE Plot Ratio 2.8 up to 36 storeys Square <$> /b 5 mins walk to Novena
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      134 34 ORCHARD SCOTTS RESIDENCES SINGAPORE A GREAT WAY TO LIVE iLv Welcome to Orchard Scotts Residences, M where you'll experience the very best services and facilities that only the world's w <•% top resorts can offer. A team of professional 1 service providers is available to take care 4 of your
      134 words