The Business Times, 19 October 2007

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Total Pages: 38
1 38 The Business Times
  • 22 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 202/12/2006 Friday, October 19,2007
    22 words
  • 692 1  -  CHUANG PECK MING Counter-offers often made but study shows they're ineffective in long term By [SINGAPORE] Want a pay rise from your boss? Just quit. Almost three in four over 71 per cent employers in Singapore will make a counter-offer to keep an
    692 words
  • 662 1  -  CHEN HUIFEN Move paves way for different power retailers; SP Services' role to shrink [SINGAPORE] The Energy Market Authority will this month begin testing "smart meters" that could make monitoring electricity usage simple and inexpensive and allow different retailers to sell
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  • 343 1  -  ARTHUR LEE [SINGAPORE] As the evening ticked away on this exquisite timepiece, money was literally rolling in for a very good cause. A total of $2,125,000 was raised last evening for the charity MILK, which stands for "Mainly I Love Kids", at a gala charity dinner.
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  • Page 1 Advertisements
    • 81 1 i'.''i'?''i'i''.'i'i'i'!'i'i'i'i!i^i>iii!;'!ii!|i;ii!i!'i'ilV f\ M !'i'i'i'^i'i'!'!'i'i'l'i^X'i'^'J!J!;!;!;!;s^ vl<W h Anniversary. Omega is proud to celebrate a ''!'!'!y!''.'!'!v^'l'X\>!'i'|'i'!'''''''''tv!v''^^L 195/ 11!'!'!'!'''!'!'!'!'^ *na'1 nas ployed a crucial role in many of !v;'l''.'!':'',v;'''''i':''V''''i'^'^'''X'l'!'x'!';'% t *J A~f A M '!'!'!'!'!'!'!'!'!'!'!'!'i'!'l'!'!'!'!'t'!'!'i'!'!'!'!'!'i'!'!'i'''!'!'!'''''!'!'''!il'i'i'' ;i;'lll^s"greatest scientific pursuits of the 20 th century. l:;iii;;::::;:;:'i!i!i!;!;!;:'jiii:;i'1i;iii'i;i'i'i;;!i!:'!;:;:;i^\ \^'fl&&XfflXXl(yL&/l' M4'tfN4WiisNisN\ :;:|!ljiichanged since 1957 the Speedmaster continues i'i1'i!IX'!'!'!'!'!';'!'!'X'[';''>'i'X'!'Mvl'!l!'!vX'i^L
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  • Page 1 Miscellaneous
    • 37 1 W EXEC LIFESTYLE LAYOFFS Bfc^^^Jft^ FILM FEST BUBBLIES Llgfe The latest buzz BBC cuts Enthralled Dom, Krug V A in local fashion 2,500 jobs fansatPusan orßollinger? 't? PAGE 32 PAGE 21 T/^im PAGE 33 PAGE 34 I
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  • TOP STORIES
    • 699 2  -  RONNIE LIM Offer open to all including overseas bidders; no cap on foreign ownership 3y SINGAPORE] Singapore yesterday kicked off its 'beauty parade" of power companies when investment agency Temasek Holdings put Tuas Power up for sale. Tuas is the
      :Tuas  -  699 words
    • 492 2  -  RONNIE LIM [SINGAPORE] Singapore has landed yet another mega US$2 billion petrochemical plant investment this time from a group led by two Asian businessmen with interests in the US and Asia, and involving other South Korean, Chinese, Kuwaiti and Western investors. Their Jurong
      492 words
    • THREE-MINUTE DIGEST
      • 67 2 THE National Cancer Centre Singapore is looking for greater scope to increase its foreign patient load, in a bid to increase its funding for research. In an interview with BT recently, the centre's director Soo Khee Chee said that increasing the proportion
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      • 57 2 APL Japan Trust lodged a prospectus with the Monetary Authority of Singapore yesterday, making it the second Japan-based real estate investment trust to seek a listing on the Singapore Exchange this month. Based on the target price, it hopes to raise between $432.5 million
        57 words
      • 60 2 CAPITARETAIL China Trust the first pure-play China retail real estate investment trust in Singapore has entered into a deal to buy a mall in Beijing for $336 million from Capitaßetail China Incubator Fund. This is the Reit's first acquisition since its listing on the
        60 words
      • 78 2 PROPERTY price booms and busts make Singapore's economic growth more vulnerable to volatile factors and should be prevented, an economist at a think-tank said here yesterday. While the impact of a spike in property prices on overall GDP growth is "quite subdued", a property
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      • 42 2 CHINA will take more measures to curb excess cash in the economy and may use more or bigger rate increases to prevent overheating, central bank chief Zhou Xiaochuan said. ECONOMY WATCH, PAGE 14
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      • 57 2 SHARES of EON Capital, the holding company of Malaysia's secondsmallest lender, rose 6 per cent yesterday to RM7.20 on speculation that Hong Kong-based private equity fund Primus Pacific Partners was close to buying over 20 per cent in the bank
        57 words
      • 75 2 AFTER decades of attempting to pare back its civil service, Hong Kong has just announced two new layers of government appointments that will cost taxpayers up to HK$65 million (Ssl2 million) a year. The extra tiers are aimed at helping senior ministers
        75 words
      • 40 2 INDIA'S economy can expand at a sustained annual pace of 10 per cent over the next decade, but faster growth depends on deeper reforms, US-based investment bank Lehman Brothers says. INDIA, PAGE 19
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    • 553 2 Greenspan: No plunge if China offloads Treasuries Bloomberg Markets are clever enough not to overreact he says [SEOUL] Alan Greenspan doesn't expect a rapid decline in the dollar should China sell more of its holdings of US Treasuries, according to people attending a forum here yesterday. "When asked whether there
      ■ Bloomberg  -  553 words
    • 724 3  -  CHEN HUIFEN It hopes to achieve this by raising its foreign patient load By [SINGAPORE] The National Cancer Centre Singapore (NCCS) is looking for greater scope to increase its foreign patient load, in a bid to increase its funding for research. In an
      724 words
    • MARKETS DIGEST
      • 29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.588 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.85 INDIA 12.75 Source:
        ■ Bloomberg  -  29 words
      • 47 3 lursday 1,376.32 lange +1.93 KLCOMP NIKKEI 225 17,106.09 +150.78 HANG SENG 29,465.05 +166.34 SET INDEX 876.75 -7.78 JAKARTA COM P 2,616.74 -24.85 MANILA COMP 3,771.12 +11.08 SEOUL COMP 2,005.09 +21.15 SHENZHEN B 771.91 -2.37 MUMBAI IND 17,998.39 -717.43 12N00NEDT Change 13,857.91 -34.63 DOW NASDAQ 2,779.65 -13.02
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      • 43 3 USS SS US$ (S$ ier US$) 1.463 (USS/SS per 2.041 2.986 EURO(US$/S$/E) 1.425 2.084 YEN 116.30 79.50 RM 3.371 2.304 HK$ 7.751 5.299 BAHT 34.16 23.35 RUPIAH 9,085 6,211 RENMINBI 7.512 5.135 INDIAN RUPEE 39.42 26.95 A$ 1.121 0.767 NZ$ 1.330 0.910
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 89 3 Prominent, cosy 4-storey detached building with fully-fitted office setting Ground Floor F B Outlet with al-fresco facilities available and adjourning landscaped garden Conveniently located opposite Aljunied MRT and easy access to expressways (ECP/PIE/CTE) Suitable for life-style business, education hub, hospitality training, al-fresco dining, corporate office, bank, association/club, etc An outstanding
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    • 115 3 1892: sold for a boat trip g> m^^ "I o t/) v c o 'o 00 IE "O to o E E o Lien JD C 'S co o O "5 D a. 2006: 40.000.000* ft t,IS^ 7 fcKW7 /pi 1-1 Qll IHHi9iiHMiHIiMMI Hi ill IHHli||| FJ BENJAMIN Exclusive Distributor
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  • COMPANY NEWS
    • 341 4  -  ARTHUR SIM APL Japan Trust hopes to raise up to $514.9masit submits prospectus APL Japan Trust lodged a prospectus with the Monetary Authority of Singapore yesterday, making it the second Japan-based real estate investment trust (Reit) to seek a listing on the Singapore
      341 words
    • 363 4 4SCENDAS Real Estate Investment Trust (A-Reit) yesterday announced new investments for development projects at Changi Business Park and in Jurong totalling $277 million, including about 42,000 square metres of built-to-suit (BTS) business park space at Changi Business Park pre-committed to a "leading international financial
      363 words
    • 538 4  -  CHOW PENN NEE CAPITARETAIL China Trust (CRCT) the first pure-play China retail real estate investment trust (Reit) in Singapore has entered into a deal to buy a mall in Beijing for $336 million from Capitaßetail China Incubator Fund (CRCIF). Located in Xizhimen in Xicheng
      538 words
    • 611 4  -  SIOW LI SEN WHEN Hong Leong Finance (HLF) posts its third-quarter results next month, it is likely to announce a special dividend to use up its tax credits before they expire at year's end. Singapore's largest independent finance company is also expected
      611 words
    • 401 5  - Keppel Nantong wins three contracts worth 110m CONRAD RAJ It will build eight tugs two for Smit, six for Keppel-Smit joint ventures WITH oil fetching record prices, the offshore marine industry remains buoyant with Keppel Corporation's Nantong shipyard in China clinching three contracts for eight tugs worth $110 million. The
      401 words
    • 332 5  -  UMA SHANKARI MAINBOARD-LISTED Seksun Corporation yesterday announced that it has agreed to sell substantially all its assets and business undertakings for $295.1 million to Supernova (Cayman). Once the sale is completed, Seksun, a manufacturer of high-precision components for the
      332 words
    • 499 5  -  LYNETTE KHOO FUJI Offset Plates Manufacturing (FOP) is set to enjoy an earnings boost by acquiring a stake in Wai Fong Construction Pte Ltd (WFC), which could prevent Fuji landing in the red this fiscal year should the deal be
      499 words
  • Page 4 Advertisements
    • 258 4 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. HI Richburg Set the BenchMark for Estima. That's Why Our Safely Standard Is Even Higher. ESTIMA 3.5 L. Adopting S-VSC with Pre-Crash System Side Curtain Airbag.
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  • Page 5 Advertisements
    • 372 5 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      372 words

  • SINGAPORE MARKETS
    • 543 6  -  R SIVANITHY STOCKS Weak session sees index fall 30 points with 329 declines and 146 advances in broad market IF YOU believed Wednesday's last-minute 29-point jump in the Straits Times Index (STI) was due to short-covering or some other program trad-ing-driven imperative rather than
      Bloomberg  -  543 words
    • 100 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 9 4 0 0 0 6 9 4 Manufacturing 49 111 52 18 14 54 129 66 Commerce 11 40 24 18 48 28 Tpt/Stor/Com ms 23 26 Finance 12 11 13
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    • 122 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE SDQ '000) TOTAL Multi Ind 17,796 17,796 98,375 98,375 Manufacturing 608,638 131,186 739,824 767,613 27,485 795,098 Commerce 554,938 18,196 573,134 113,865 4,774 118,639 Tpt/Stor/Comms 122,243 1,503 123,746 362,868 1,129 363,997 Finance 61,456 271 61,727 482,335 35 482,369 Construction 73,150 31,310
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    • 221 6 Stock name «V1 Close Change Allgreen 0.50 1.830 -0.020 Ascendasreit 0.80 2.420 -0.030 CapitaComm 0.48 2.610 -0.040 Capita Land 4.62 7.850 -0.100 CapitaMall 0.88 3.700 -0.080 Chart SemiCond 0.52 1.070 -0.020 CityDev 2.78 16.000 -0.100 ComfortDelGro 1.25 1.960 Cosco Corp 2.24 7.500 -0.300 Creative Tech 0.14
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    • 4 6 dsfdsfs
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    • 3 6
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    • 47 6 Oct 18 VALUE CLOSE -830.00-294.00 BT OB/OS BT CADI -*****.00-183.00 BT 10-day MA -*****.00 -83.00 All-SG Equities 1051.16 -4.88 SG Equities Elect 117.90 -1.41 SG Equities Fin 2653.60 -1.31 SG Equities Prop 1564.31 -19.45 SIMSCI 467.26 -3.78 SIMSCI Futures 467.40 -2.00 PrimePartnersCI 305.12 -4.57
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    • 52 6 VOLUME Diqiland 445,127,000 ChinaOMFld 134,747,000 Adroit R 64,810,000 Yanqzijianq 55,799,000 Sinostar 51,378,000 Memstar 46,605,000 El-Nets 41,688,000 ChinaEnerqy 36,343,000 Diqiland WOBOll6 36,170,000 JiutianC 31,479,000 VALUE(S) Yanqzijianq 154,962,230 ChinaOMFld 150,673,100 DBS Grp 145,844,200 Cosco Corp 121,893,865 Capita Land 109,469,116 UOB 93,258,900 SembMar 81,493,800 SGX 77,334,700 Keppel Corp 71,382,700 Synear
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    • 98 6 CLOSE UP 565 50.0 9.7 Kei T&T CoscoCori iBeCW*****5 243 33.0 15.7 CIMBAsean40 100US! 1020 29.2 2.0 GLD 10US$ 7500 29.2 0.3 Ezra 725 25.0 3.6 Yam izi. ianRBeCW***** 148 24.0 19.4 Mermaid 216 23.0 11.9 SGX 1570 20.0 1.3 SIA 200 1990 20.0 1.0 SembMar 560 20.0 3.7
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    • 107 6 SC Global W*****0 CLOSE DOWN 440 -50.0 -10.2 STXPOSGAeCW*****9 168 -44.0 -20.8 NOL 540 -35.0 -6.1 MOIL 255 -33.6 -8.3 Cosco Cor| 750 -30.0 -3.8 Kei Con 1490 -30.0 -2.0 JSH 1650 -29.2 -1.2 China H 10US$ 2550 -29.2 -0.8 KS Enen 390 -28.0 -6.7 STI 3500SGAeCW*****0 108 -21.0
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    • 84 6 Where S$ stands Oct 18 %CHNG CLOSE FR0ct17 YR 2007 S$ LOW S$ HIGH USS 1.4610 0.33 1.5479 1.4610 Euro 2.0831 -0.21 2.1254 1.9913 Pounds 2.9888 -0.29 3.1194 2.9323 AS 1.3037 -0.12 1.3411 1.1741 Yen* 1.2575 -0.20 1.3821 1.2285 Rupiah* 0.***** 0.33 0.***** 0.***** Baht* 4.2769 0.30 4.5700 4.1730
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    • Article, Illustration
      899 6  -  UMA SHANKARI ComfortDelGro OctlBclose:Ssl.96 Nomura Singapore, Oct 17 OUR view: Higher capex related to fleet upgrades, plus higher oil prices, have us fine-tuning earnings and reducing DCF fair value on ComfortDelGro. Still, rising local ridership is exceeding our expectations, overseas investments offer near-term growth, and an FYO7 dividend
      Bloomberg  -  899 words
    • 533 6  -  LARRY WEE IHE US dollar was once again in big trouble across a broad front yesterday, hurt not only by more bad news for the US economy but also a growing belief that this evening's meeting of G-7 finance ministers and central
      Reuters  -  533 words

  • Page 7 Advertisements
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  • COMPANY NEWS
    • 318 8  -  UMA SHANKARI Higher turnover in Spore offsets weakness in overseas markets SINGAPORE Food Industries (SFI) said yesterday its third-quarter net profit slimbed 26.7 per cent to $5.5 million-from $4.3 million a year earlier as food distribution and catering sales improved. Earnings per share
      FILE PHOTO  -  318 words
    • 466 8  -  OUR CORRESPONDENT in Bangkok THE board of Thailand's TMB Bank, in which Singapore's DBS Group Holdings has a substantial stake, has approved plans to raise its capital by 35 billion baht (551.61 billion), with a new partner holding an initial
      466 words
    • 280 8 FIRST Ship Lease Trust (FSL Trust) is making a total distribution of US$ll.l5 million to unitholders for the third quarter ended September 2007, manager FSL Trust Management (FSLTM) said yesterday. This represents 100 per cent of the amount available for distribution. Based on
      280 words
    • 209 8 SWISSCO International has ordered four new vessels to add to its growing fleet of offshore support craft, at a cost of $11.2 million. The orders were placed through its wholly owned subsidiary, Swissco Offshore Pte Ltd. The first order, for two identical offshore
      209 words
    • COMPANY BRIEFS
      • 131 8 PAN Hong Property Group, a niche property developer that focuses primarily on the second and third-tier cities in China, yesterday announced that it has entered into a placement agreement to issue and allot up to 10 million new ordinary shares at 81
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      • 115 8 CLEAN room glove maker Medi-Flex, which changed its financial year-end to Aug 31 from Dec 31 previously to be in line with its holding company, yesterday said that net loss for the eight-month period ended Aug 31, 2007 was reduced to RM6.45 million (Ss2.B million)
        115 words
      • 77 8 NERA Telecommunications yesterday said that third quarter net profit fell 90.4 per cent to $3 million, from $31.8 million a year ago. However, last year's profit was boosted by an exceptional item of $28.8 million. Operating profit for the three months ended Sept 30,
        77 words
      • 59 8 BANYAN Tree Holdings yesterday said that it has established a $400 million multi-currency medium term note programme and appointed HSBC to act as arranger of the programme. Under the programme, Banyan Tree may from time to time issue notes in series or tranches
        59 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • SINGAPORE NEWS
    • 446 10  -  CONRAD TAN SINGAPORE ECONOMIC POLICY CONFERENCE Bubble cuts private spending, raises reliance on volatile foreign demand on foreign demand and business spending which are much more volatile, said Tilak Abeysinghe. The deputy director of the Singapore Centre for Applied and Policy Economics (Scape) at
      446 words
    • 489 10 Middle-aged people stretched financially, sociologist warns SINGAPORE'S emphasis on family members as a pillar of support for older people is in danger of collapse, an academic here warned yesterday. Angelique Chan, a sociologist at the National University of Singapore, said: "I think
      FILE PHOTO  -  489 words
    • 543 10  -  YEN SREENIVASAN It will draw up a masterplan to develop airport in Aqaba CHANGI Airports International (CAI) has signed a deal with Jordan's Aqaba Development Corporation (ADC) to draw up a masterplan for the development of King Hussein International Airport (KHIA) at Aqaba, Jordan. The
      543 words
    • 207 10 RAFFLES Hotels Resorts has won a contract to manage the historic Le Royal Monceau hotel in Paris, which will join its stable of luxury properties early next year. Le Royal Monceau is jointly owned by French entrepreneur Alexandre Allard and Qatari developer Barwa
      207 words
    • 514 12  -  GENEVIEVE CUA They allocate 36% of funds to property, next to Korea, say Merrill, Capgemini THE average high net worth individual (HNWI) in Singapore has US$4.9 million of investible assets, slightly more than the regional and global average, the Merrill Lynch-Capgemi-ni Asia Pacific
      514 words
    • 591 12  -  AMIT ROY CHOUDHURY IT managers in Switzerland earn the most FOR those worried that Singapore's thriving information technology (IT) industry may hit a speed breaker due to rising costs, there is cause for some cheer. A new global study by
      591 words
    • 432 12  -  NISHA RAMCHANDANI SINGAPORE is set to pack quite a punch with The Contender Asia, the first international reality series produced for the global market being filmed here, which is a co-production between Singapore-based Imagine OmniMedia, Mark Burnett Productions and Dream Works SKG.
      LAWRENCE RIPSHER PHOTOGRAPHY  -  432 words
    • SINGAPORE ROUNDUP
      • 47 12 ELEVEN individuals and organisations received awards yesterday from the British Chamber of Commerce at the annual British Business Awards, which recognise significant contributions, achievements and successes by British businesses in Singapore and Singapore-based organisations with significant UK links and interests.
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      • 70 12 PEOPLE keen to enhance their qualifications can sign up for academic programmes such as those offered by the Singapore Institute of Management (SIM) at Jobs Central Career Fair 2007. The annual recruitment and education exhibition, which hopes to attract more than 50,000
        70 words
      • 64 12 THE fourth series of The Greatest Race on Earth includes a new initiative The Environment Challenge, which provides a chance to win an additional US$l million to engage the public and runners. Standard Chartered has also revamped the structure to focus
        64 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 206 12 BUY/SELL 4; J| rfc ROLEX PATEK PHILIPPE y^ BREGUET/PIAGET/AP VACHERON IWC JAEGER •#Ol-45A Peninsula Plaza *****155 (ffi»*M) •#O2-90K People's Park Complex 6327 4628 #*Sf) •#Ol-45 Theßencoolen 6333 1921 (M4ffillWJftffi^) •#Ol-51 Orchard Plaza 6836 3272 (41?r».+^) •#Ol-46 Peninsula Plaza 6334 8919 (tttUcM) •#Ol-44 People's Park Centre 6533 4619 #*^:H) •#Ol-53 Lucky
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  • Page 13 Advertisements
    • 52 13 |f V.' Vt^ra Ul r-> I O "T A I \S II 11 I 1 I V^ I I at I 1|^"~"*' T|^B I /*^IL J I v I^l^^^^! r f^^/:•' '^Dior 'vEjk k SHARON STONE -Sr~ljL^ 113 DIAMONDS LJPnI STEEL AND BLACK SAPPHIRE r=j <l -i CRYSTAL <F=^il I
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  • ECONOMY WATCH
    • 497 14 Rising asset prices causing concern, says central bank governor [BEIJING] China will take more measures to curb excess cash in the economy and may use more or bigger rate increases to prevent overheating, central bank chief Zhou Xiaochuan said. "We don't
      497 words
    • 497 14 Reuters, NYT [LONDON] Oil eased towards US$B7 yesterday after Nigeria's energy minister raised the possibility Opec may review output, reflecting the group's unease with record prices the US says are of "great concern" to its economy. US crude was down 16
      Reuters, NYT; BLOOMBERG  -  497 words
    • 253 14 Reuters [WASHINGTON] The public can now "blog" the chief economist of the International Monetary Fund (IMF) on such matters as global growth or turmoil in financial markets. The IMF's economic counsellor, Simon Johnson, launched the blog in conjunction with the fall meetings of
      ■ Reuters  -  253 words
    • 287 14 Reuters It wants China to open up more to European businesses [BRUSSELS] The European Union may take a different stance towards China over its growing trade surplus with the bloc if Beijing does not open up more to foreign exporters and investors, the EU
      – Reuters  -  287 words
    • 635 14 Reuters NEWS ANALYSIS Market fears govt may block mergers, deter foreign buyers [SEOUL] As South Korea's state pension fund becomes a force as a shareholder, concerns are growing that it could be abused by the government to block mergers, deter foreign buyers and otherwise
      ■ Reuters  -  635 words
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  • Page 15 Advertisements
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  • MALAYSIA/INDONESIA
    • 621 16  -  S JAYASANKARAN EON Capital shares rise 6% to RM7.20 on speculation of the stake sale in Kuala Lumpur -SHARES of EON Capital, the holding company of Malaysia's second-smallest lender, rose 6 per cent yesterday to RM7.20 on speculation that Hong Kongbased
      621 words
    • 219 16 [KUALA LUMPUR] Malaysia's CIMB Group has lost its bid to acquire a stake in Thailand's ACL Bank as part of plans to widen its South-east Asian banking presence, its parent, Bumi-putra-Commerce Holdings Bhd, said on Wednesday. "CIMB Group had
      219 words
    • 2401 16 VOL ('000) let 18 RM \&M Realty 1.00 \bricBhd 0.30 \dvance Synergy 0.38 \dventa Bhd 1.70 \eMulti Hldgs 0.30 \ffin Holdings 2.87 \hmad Zaki Resou 6.15 \ic Corp 0.57 \irasia Bhd 1.90 \kn Messaging Te 0.19 \kn Technology 0.84 \lliance Financi 3.06 \luminiumCo 1.29 \malgamated Ind 0.56 \minvestment
      2,401 words
    • 433 16  -  PAULINE NG High Court finds man was tortured, wrongfully detained for 57 days in 1998 IN an unprecedented ruling, the Malaysian High Court yesterday awarded RM2.5 miUion (Ssl.oB million) damages to a man detained under the Internal Security Act who
      REUTERS  -  433 words
    • 113 16 Reuters [KUALA LUMPUR] Malaysians should brace themselves for higher fuel prices, although the government will keep its pledge not to raise prices before year-end, a local newspaper said yesterday, quoting the country's domestic trade minister. Malaysia is a net oil exporter but subsidises
      Reuters  -  113 words
    • 287 16 Reuters It will offer 515 m new shares at 710-935 rupiah each [JAKARTA] Indonesian hardware retailer PT Ace Hardware is aiming to raise up to US$53 million from the sale of 30 per cent of its enlarged share capital in an initial public
      ■ Reuters  -  287 words
  • Page 16 Advertisements

  • GREATER CHINA
    • 562 17  -  lANE MOIR Extra layers aimed at helping ministers with the political side of their work AFTER decades of attempting to pare back its civil service, Hong Kong has just announced two new layers of government appointments that will cost taxpayers up to
      562 words
    • 231 17 Bloomberg [SHANGHAI/HONG KONG] China Citic Bank Co, the banking unit of China Citic Group, said that it has no plans to bid for Bear Steams Co, suggesting that any purchase of a stake in the US securities firm would be made by its
      – Bloomberg  -  231 words
    • 474 17 AP [BEIJING] Sharply dressed in a pin-striped suit and purple tie, the chairman of China's second-biggest bank talked animatedly at a news conference about its ambitions to expand abroad. But Guo Shuqing turned abrupt when a journalist asked a question hanging over this
      AP; REUTERS  -  474 words
    • 315 18 -AFP It also has 4,935 super rich with assets of more than USs3om each: study [BEIJING] China had 345,000 millionaires by the end of last year, the sec-ond-most in Asia after Japan, according to a new study by US investment bank Merrill Lynch. The
      -AFP; BLOOMBERG  -  315 words
    • 700 18 Reuters [BEIJING/HONG KONG] Beijing denied yesterday that ii was studying a plan to allow swaps of shares of companies listed both in Hong Kong and the mainland after reports of a scheme doused Shanghai's red-hot market and lifted Hong Kong to a
      ■ Reuters  -  700 words
  • Page 17 Advertisements
    • 146 17 Congratulations Singapore Food Industries Limited. Winner of the UK Trade Investment International Business Award 2007 UK With an excellent UK management team, Singapore Food Industries taJ Limited has invested in the UK since 1991. One of this dynamic -Sk^/ m company's leading brands. New Covent Garden soup, has m consistently
      146 words

  • Page 18 Advertisements
    • 340 18 pfl K4-- I fcW^ M 1 JT \—M Pk P^. 111 PPPTIPmZ g^PP I Pk ROK X U Pa 7" Jill* BW ppfl La^ J L-stfc bi is.! IST pi Pk PKl^^ "I i B™B r^JL'tJ PPk. Pb P PPI PP^^^^PPPHk. PPI ~j— IKPJI k W wM PPk. J k—^^PP
      340 words

  • INDIA
    • 349 19 AFP [PARIS] The Himalayas and Tibetan plateau formed when a "supercontinent" broke up and the Indian sub-continent smashed at high speed into Eurasia, a study published yesterday in the British journal Nature says. Until 140 million years ago, modern-day India formed part of a supercontinent
      AFP  -  349 words
    • 570 19 -yIFT3 Country can achieve growth of 10% a year over the next decade: Lehman [BANGALORE, India] India's economy can expand at a sustained annual pace of 10 per cent over the next decade, but faster growth depends on deeper reforms, US-based investment bank Lehman
      -yIFT3  -  570 words
  • Page 19 Advertisements

  • ASIA-PACIFIC
    • 446 20 Reuters >he plans to work with Musharraf for peaceful transition :o civilian rule [KARACHI] For the second time in a roller-coaster political career, Benazir Bhutto has returned to Pakistan after years abroad, aiming to end military rule and steer her turbulent country
      Reuters; AFP  -  446 words
    • 247 20 Reuters, Bloomberg [SEOUL] Hynix Semiconductor, the world's No. 2 memory chip maker, posted a 56 per cent fall in quarterly net profit as memory chip prices underperformed amid severe oversupply. The outlook for memory chip makers such as Hynix and bigger rival Samsung Electronics remains
      – Reuters, Bloomberg  -  247 words
    • 7717 20 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.101/ Star Europe Bond 1.189/ Star Europe Bal 1.263/ Star Asian Tiger Eqty 1.859/ Star Asia Bond 1.271/ Star Asia Balanced 1.116/ Star Global Technology Fund!" 0.248/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.865/ Gib Multi St USD
      7,717 words
  • Page 20 Advertisements
    • 102 20 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 SEARCH WORLDWIDE Mik To avoid having all your eggs in the wrong basket at the wrong time, every
      102 words

  • WORLD
    • 454 21 Bloomberg LATEST US DATA Report shows no impending economic collapse but analysts expect slow growth this quarter and next [WASHINGTON] The index of leading US economic indicators rose in September as stock prices climbed and fewer Americans lost their jobs, a private report shows.
      – Bloomberg  -  454 words
    • 486 21 Bloomberg It is selling HQ, making fewer programmes; strike looms [LONDON] British Broadcasting Corp will cut 2,500 jobs, sell its London headquarters and make fewer programmes as funding from licence fees rises less than it requested. The order by the BBC Trust,
      Bloomberg; REUTERS  -  486 words
    • 266 21 -AP [HELSINKI, Finland] Nokia Corp reported a near-dou-bling of its third-quarter earnings and a larger share of the global handset market yesterday as it benefited from strong sales in areas like India and China. Its shares jumped nearly 5 per cent. The
      -AP  -  266 words
  • Page 21 Advertisements
    • 78 21 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
      78 words
    • 268 21 I HSBC's Spectrum Plus I Reap a high potential return in a 100% principal protected investment opportunity with HSBC's structured deposit Spectrum Plus. cries One USD/SGD FX-linked deposit 7.5% p.a. potential return or 1% p.a. guaranteed return at maturity Short 6-month tenor 100% principal protection at maturity Low minimum investment
      268 words

  • AVIATION
    • 385 22 Bloomberg The UK carrier could order as many as 10 aircraft from Boeing Airbus [LONDON] Virgin Atlantic Airways Ltd, the UK carrier owned by billionaire Richard Branson, says it is in talks with Boeing Co and Airbus SAS over an order for as many
      Bloomberg; REUTERS  -  385 words
    • 153 22 -AP [SAN FRANCISCO] Three airline passengers who claim cramped seating gave them blood clots can continue their lawsuits against international airlines, a judge ruled. US District Court Judge Vaughn Walker had previously tossed out 37 similar lawsuits, citing an international treaty protecting airlines
      -AP  -  153 words
    • 577 22 Bloomberg [DALLAS] American Airlines parent AMR Corp. said third-quarter profit surged almost 12-fold as the world's largest carrier charged higher fares and flew its planes fuller than ever before. Net income climbed to US$l75 million, or 61 US cents a share, from US$l5
      Bloomberg  -  577 words
    • 211 22  -  YEN SREENIVASAN SINGAPORE Airlines (SIA) has increased fuel surcharges for the third time this year. The latest rise as the oil price soars to just under US$9O a barrel ranges from 6 to 9 per cent, with the highest percentage increase on regional
      211 words
    • 385 22 Reuters It places USs2som bid within seconds of deadline [MEXICO CITY] US bank Citigroup won a fierce bidding war against a Mexican business family on Wednesday to buy money-losing airline Aeromexico for almost US$25O miUion. In a frenzied final round of offers, a group
      Reuters  -  385 words
    • 360 22 ■LAT-WP [WASHINGTON] Turbanwearers have won the day. Beginning Oct 27, airport screeners no longer will "pat down" people wearing religious head coverings if the traveller agrees to undergo alternative security measures. Officials said such alternatives might include walking through a machine
      ■LAT-WP; AFP  -  360 words
    • 2410 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 iirline:'BOL« BP EVA
      2,410 words

  • AVIATION/SHIPPING
    • 821 23  -  SELVA KUMAR ADMIRALTY CASEBOOK Claim must be just 'connected with' some agreement related to ship carriage A CLAIM arising from damage to cargo while it was being loaded on land into a 40-foot container in a warehouse is a general maritime claim
      821 words
    • 568 23 Bernama Move a boost for conventional cargo traffic at Port Klang [KUALA LUMPUR] The RMIOO million (5543.3 million) major redevelopment of Southpoint in Port Klang will transform the port into one of the largest conventional cargo hub ports in the region to handle more non-containerised
      Bernama; AP  -  568 words
    • TRANSPORT STOCKS
      • 111 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 MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.98 0.37 7.50 1.24 7.25
        111 words
      • 37 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 1.54 9.85 9.70 4.98 2.90 0.25 2.59 -0.01 0.05 -0.10 unch 0.01 -0.01 0.11 881 64i 212i 35! 3i i 8!
        37 words
      • 12 23 ■oo ■recious Ship Jegional Cont 34.00 29.75 -1.00 -0.25 328: 58!
        12 words
      • 11 23 '000 Doil iingamas Cont 79.45 4.04 -0.50 -0.06 631 3091
        11 words
      • 22 23 '000 >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.10 38.50 2.00 unch 0.10 -1.00 unch unch 166' 86: 17!
        22 words
      • 23 23 Evergreen Marine ....33.55 :irst Steamship 86.00 Wan Hai Lines 30.95 fang Ming Marine ..28.20 1.05 -3.30 unch unch 41 4 18 15
        23 words
      • 39 23 '000 (awasaki Hvy Ind ..446.00 21.00 ***** (awasaki Kisen ...1696.00 4.00 5059 Mitsubishi Hvy 711.00 unch ***** Mitsui Eng&Sbldg ..699.00 -5.00 ***** MitsuiOsk Lines ...2010.00 80.00 ***** Mippon Express 603.00 19.00 4590 MipponYusen 1243.00 19.00 5829 iource: Reuters
        39 words
    • 234 23 Bloomberg [SINGAPORE] Asian medium-range oil-product tanker rates fell to the lowest in six months amid a lack of cargoes after Japan's oil inventory increased. The cost of transporting 30,000 tonnes of fuel to Japan from Singapore dropped 1.7 per cent to Worldscale 197.92,
      ■ Bloomberg; FILE PHOTO  -  234 words
    • 380 23 XX V^ LL XXX V^ X Reuters [ROME] Panama aims to tap international markets starting in the first half of 2008 for up to US$2 billion to finance the U555.25 billion expansion of the Panama Canal, the country's vice-president and foreign minister said
      XX V^ LL XXX V^ X Reuters  -  380 words
    • 245 23  -  Xinhua Tug boat and water rates may rise too [DHAKA] The user charges of port equipment and other related services at Bangladesh's main Chittagong port are likely to be raised shortly, local newspaper the Financial Express reported yesterday. South-eastern Chittagong port, which is
      245 words
    • 194 23 Reuters [WASHINGTON] US aviation authorities advised airlines on Wednesday to inspect cockpit windows on Boeing 737s after two were damaged in flight, causing one plane to lose cabin pressure. The proposed airworthiness directive follows similar action in July on all Boeing 747 jetliners
      ■ Reuters  -  194 words
    • 277 23 Bloomberg [SEOUL] Hanjin Shipping Co, South Korea's largest sea carrier, will construct its first terminal on the US East coast to expand the company's biggest shipping route. Hanjin signed an agreement with the Jacksonville Port Authority in Florida to build its dedicated
      Bloomberg  -  277 words

  • EDITORIAL & OPINION
    • 520 24 WHAT are we to make of it when spokesmen for the world's most powerful economies and financial institutions begin to contradict each other in public or make remarks which appear less than consistent with reality? Today, the finance ministers and central bankers of the
      520 words
    • 996 24  -  ANDY MUKHERJEE Bloomberg The market has always been jittery about the future of 'participatory notes' INVESTORS got a rude shock yesterday. It seemed like India, the sec-ond-best-performing equity market in the past month after Chinese stocks in Hong Kong, was spurning
      – Bloomberg; AFP  -  996 words
    • 790 24  -  FRANK CHING THE BOTTOM LINE WHAT a difference a year makes! In October 2006, North Korea shocked the world by conducting a nuclear test. This month, it agreed to the disablement of all its nuclear facilities at Yongbyon and
      790 words
    • 877 25  -  ELAINE KURTENBACH AP The stock market is a particular concern as ordinary Chinese pour their savings into shares PRESIDENT Hu Jintao gave the longest public speech of his political life this week, dwelling at length on the Communist Party's social goals but spending little time
      AP; AFP  -  877 words
    • 1094 25  -  STEVEN PEARLSTEIN -AP But let's ensure none of the banks setting it up will have majority control or assume too much of the risk ONLY on Wall Street and in its political annex, the US Treasury could someone think that the way
      -AP; BLOOMBERG  -  1,094 words


  • SINGAPORE STOCKS
    • 8614 26 Transaction date: Oct 18 »-wks Tel Low Code Last Sale Vol (*000) Hil lay L Low B'u] .ast Quote yer Seller Div C'vr Net P/E I Cap Smil Hii Com| I an; 3.5 2 5716 1st Software 22 7 3148 8Telecom 34 17.5 5834 A-Sonic 104 98 6389
      8,614 words
    • 69 26 Hii Low Code Comi Sale COOP] Hii Low By Seller C'vr P/E jml 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDP.S 3983 2690 6235 STI ETF 100 3977.9 2712.3 6236 STI
      69 words
    • 2056 26 Hii Low Code Comi Sale COOQ) Hii Low Bu' Seller C'vr P/E $m 30 13 1181 AAGrp 41.5 18.5 5000 ABRHIdgs 31 23.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 11.5 1524 Alantac 22.5 8 7814 Albedo 46.5 27 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp 44.5 3.5
      2,056 words
    • 258 26 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      258 words

  • FINANCE & COMMODITIES
    • 375 27 Oct 17 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminary 1187.5 0.3 7.9 0.1 6.4 0.4 11.1 t EAFE Prel liminan 1176.4 0.2 6.2 0.0 7.1 0.4 12.2 Euro[ Preliminary
      375 words
    • 132 27 As at 9am Oct 18 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2970 1.3130 Can dollar 1.4940 1.5120 Euro 2.0680 2.0920 NZ dollar 1.0900 1.1140 jterlin mnd 2.9710 3.0040 US dollar 1.4570 1.4730 Local dollars to 100 units of foreign
      132 words
    • 162 27 Oct 18 Overnight 2 3/8 1-month 2 17/32 2-months 2 17/32 3-months 2 9/16 Overnight mode: 2 9/16 US$ Offer 2 1/4 2 13/32 2 13/32 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.90 5.02 5.06 5.20
      162 words
    • 22 27 Oct 18 STI SIMSCI Oct 469.5 475.7 467.4 Taiwan Oct 373.1 377 376.5 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 27 Oct 18 Bid Offer 1-month 1.4588 1.4602 2-months 1.4555 1.457 3-months 1.4525 1.454 6-months 1.4443 1.4458 Source: OCBC
      21 words
    • 152 27 Oct 18 Currencies Bid Offer Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.3036 1.3050 0.8916 0.8918 Canadian dollar 1.5005 1.5025 1.0263 1.0268 Euro 2.0829 2.0851 1.4246 1.4249 NZ dollar 1.0988 1.1001 0.7515 0.7518 Sterlim ind 2.9841 2.9870 2.0410 2.0413 US dollar 1.4621 1.4633
      152 words
    • 340 27 Oct 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 95.130 95.435 95.605 95.685 0 0 0 0 ***** ***** 7759 7923 EUROYEN FUTURES Dec07 99.145 99.145 Mar08 99.100 99.100 Jun08 99.075 99.075 Sep08 99.010 99.015B Dec08 98.950 98.955B Mar09 98.885B Jun09 98.800B
      340 words
    • 297 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 08 349.00 349.50 351.25 352.25 357.25 356.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      297 words
    • 468 27 Oct 18 AS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.869 6.698 0.626 6.912 35.153 81.006 1.037 8.183 3.005 1.186 54.073 39.270 1.304 6.064 1.047 29.069 30.460 0.437 0.892 Canada 1.151 7.711 0.721
      468 words
    • 103 27 Oct 17\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov07 974.25 977.50 987.50 968.00 Jan 08 993.00 996.75 1006.00 986.00 MarO8 1007.25 1011.25 1019.50 1001.00 May 08 1011.25 1016.00 1023.00 1005.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 40.15 40.23 40.80 39.91 Jan
      103 words
    • 76 27 CRUDE OIL PRODUCTS Oct 17 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 84.26 0.73 WTI (Near Mth) 87.20 -0.27 Dubai (1-Mth F) 78.12 -0.16 Tapis blend 88.5 unch Minas 86 unch PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 83.45 98.05 1.30 0.55 USS/barrel Opec Oil
      76 words
    • 89 27 Oct 18 'erioi Issue code turity resterday's Bid lay's Low Hii 3-Month BQ*****X 17.01.08 1-Year BY*****A 29.09.08 2.31 2.16 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
      89 words
    • 76 27 Oct 18 (US$) (SS) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2mths 2.***** 3mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
      76 words
    • 65 27 Oct 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low 0ct07 2790 2817 2823 2765 753 ***** Nov 07 2750 2770 2767 2710 2889 ***** Dec 07 2724 2735 2735 2680 8101 ***** Jan 08 2704 2711 2714
      65 words
    • 130 27 Oct 18 /oz) Hong Kong London 757.00 756.80 758.00 757.80 Oct 17 Oct 16 756.80 758.25 757.30 758.95 Source: Reuters CAST BAR (S$) Oct 18 Buying Sellim Kilobar "38,224.68" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS KineharTM
      130 words
    • 70 27 Oct 17 Aluminium, 99.7% purity (US$/tonne) Close Previoui Cash 2459.00 2448.20 3 months 2510.00 2500.00 Copper, Grade A (US$/tonne) Cash 3 months 8010.50 7965.00 8099.00 8050.00 Lead (US$/tonne) Cash 3575.00 3 months 3550.00 3702.00 3641.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • 82 27 Oct 17 (£/tonne) Close Prev Hii ih/Low Dec 07 945 944 Mar 08 962 960 May 08 972 970 Jul 08 983 980 955/938 969/956 980/967 984/980 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2096 1948 2139/1955 Jan 08 1790 1762 1820/1773 Mar 08 1775 1761 1798/1770 May 08
      82 words
    • 3000 27 BONDS WARRANTS rei lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left !058 Advance Modules GrpW*****3 5 !036 Advance SCT Ltd W*****9 32 !798Ascendas REITSGA ECW*****3...25.5 M05 Asiatravel W*****7 41 436AusGroup MBL ECW*****4 24 !872 AusGroup RB ECW*****7 14 !853AusGrpMBLeCW*****0 9.5
      3,000 words

  • Page 28 Advertisements
    • 2430 28 m The Business Times Shipping Times P 47fYlr79rV Ell anil lt~ I^^MII UK CONTINENT SERVICE U.S.A SERVICE TO^fj|!TOWi^ff^|| Destination Destination STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE 1 VESSEL/VOY RAMPQCT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS VENTURE 12 15
      2,430 words

  • Page 29 Advertisements
    • 3903 29 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R I I 17 A CTFDM T\ D f IMI7D I XT* $o^b C<k fib* TtC A VTT^V ***** l II > iiii.f TEL *****588 (14LINES) FAX:*****163 I\\ ■r IL A.^ 1 ILjKJ> tAX jLJINIIIY, LIU §llf t£2 <ZJ <Ll^/y/W£ V\\MNWAM HAI INF\ Corner Service/Bookings
      3,903 words

  • Page 30 Advertisements
    • 3389 30 WS3H H H H HI gSI Nordana (Asia) Pte Ltd 2SSI2ES21 7 I Rgjl GLORY NAVIGATION GROUpI E^P? I Hfi KBBI 70 Shenton Way, #21 -03 Marina House Singapore *****8 M^sQ NORTH WEST EXPRESS LINE o MM .«o»l^^louN<«f «n MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES
      3,389 words

  • Page 31 Advertisements
    • 3842 31 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
      3,842 words

  • executive lifestyle
    • 629 32  -  jaime cc STEP right up, ladies and gentlemen, step right up. Feast your eyes on this magnificent creature. It's bigger than the Singapore Flyer, it's faster than a Formula One race car, it's the first-of-its-kind original Singapore Flyer, nay, integrated resort on wings the
      629 words
    • 1512 32 ndustry observers say the future of South-east Asia's in particular Singapore's fashion industry looks bright, reports MELISSA LWEE NEWS of local fashion label alldressedup breaking into the Italian market on top of officially hitting the shelves at Bergdorf Goodman alongside its Saks sth Avenue coup has
      1,512 words
  • Page 32 Miscellaneous

  • CINEMA
    • 1012 33 The Pusan International Film Festival, now into its 12th year, has developed a reputation as Asia's best, writes GEOFFREY EU T takes a lot more than rain to dampen the enthusiasm of movie fans in Korea, and despite the untimely arrival of a
      1,012 words
    • 402 33  -  PARVATHI NAYAR DVD ON its third celluloid outing, the ocean is a more fun place than in round two, with finer fish and sharp-er-toothed sharks. However, it doesn't quite have the sparkle and flow of the first. That's Ocean's Thirteen, in a nutshell,
      402 words
    • 564 33  -  PARVATHI NAYAR AS we live in the Age of the Paparazzi, it's hard to believe that the lives of well-documented celebrities can have mysterious gaps but this was the case before the invention of celebrity gossip. Not to mention the fact that many famous people led
      564 words
    • 661 33  -  WEI-TZE SAM ON any given night in France, says film director Laurent Tirard, there are at least 30 places where a play of Moliere's is being produced. The 17th century playwright and actor Jean-Baptiste Poquelin, known by his stage name of Moliere, France's greatest
      661 words
  • Page 33 Miscellaneous
    • 334 33 CRYPTIC CROSSWORD ACROSS I Not much to drink by doctor HJ j' before sugery (4) HI Hi fl^ HlHfl 3 Four voices disharmoniously __H^MH__MM__HM__^M__HH__H^MB__ 8 Bob's way of saving time H^HH HB HI fll flfl HHHM and effort (5-3) __H^HH__HB__^H__^H__^M|__MBBB_J 10 Remove nothing from view HH^| H] HJ HJ HJ
      334 words

  • ARTS/WINE
    • 804 34 His glassware are familiar objects in many homes but Finland's Alvar Aalto is first and foremost an architect, reports PARVATHI NAYAR THE free-form Aalto vase by littala, which so beautifully melds form and function, is a familiar object in many of our homes. It is
      804 words
    • 1064 34  - Bubbling over with luxury a guide to champagne N KYONG THE most popular of the luxury cuvees and the most widely known and widely served is still Dom Perignon by Moet Chandon named after the monk who, as legend would have it, was the one who discovered how to put
      1,064 words
    • 607 34  -  WEI-TZE SAM "SINGAPORE is pushing the boundary on new and exciting experiences all the time," says Stephane Le Pelletier, director of Opera Gallery Asia Pacific. Opera Gallery created its first international gallery in Singapore in 1993; this year, their annual series, "Masterpieces, the Ultimate Collection", is
      607 words
    • 474 34  -  CHEAH UI-HOON THERE is an interviewing technique based on the notion that people are not comfortable with silence. So, if an interviewer doesn't pelt an interviewee with continuous questions and allows some "awkward" silence to set in, the interviewee might just go
      TAN NGIAP HENG  -  474 words

  • Page 35 Advertisements
    • 4614 35 IN THE MATTER OF THE COMPANIES I f A ACT, CAP 50 AND IN THE MATTER OF ROTHSCHILD BULLION* FINANCIAL /■lMk\ NATURAL vvUL" FUTURES PTE LTD I HOLDINGS LIMITED (Company Registration No :1987-*****-M) I I I ,lnMembe,sVo.un..nrL. qU .d,,.on) \g*J NATURAL COOL HOLDINGS LIMITED At an Extraordinary General Meeting of
      4,614 words

  • CLIPPER RACE
    • 486 36  - Hull Humber is fifth into Salvador Clipper Ventures Liverpool 08 is fourth but just half a point separates the two HULL Humber crossed the finish line at 01:32 local time (0432 GMT) to gain a respectable fifth place into Salvador. Although Hull Humber has lost out to Liverpool 08 on
      ONEDITION  -  486 words
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  • SINGAPORE SUN FESTIVAL
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  • PURSUITS
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