The Business Times, 22 October 2007
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2007-10-22
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The Business Times
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Title Section25 2007-10-22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 202/12/2006 Monday, October 22,200725 words
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772 2007-10-22 1 CHUANG PECK MING - CHUANG PECK MING Study forecasts sovereign wealth funds will hit USsl3.4t in a decade, from current USs2.2t [SINGAPORE] State funds are set to make a bigger wave in global financial markets and the world economy and Singapore's are in the leading pack, according to772 words
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616 2007-10-22 1 Reuters Steps include tighter IMF scrutiny of state investment funds [WASHINGTON] Global finance chiefs on Saturday called for a more broad-based effort to calm financial markets, including tighter scrutiny by the International Monetary Fund and other institutions of increasingly powerful state-owned investmentReuters - 616 words
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MARKETS DIGEST
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Article48 2007-10-22 1 IT Index 3,747.98 -109.27 1COMP 1,370.17 -5.08 MKKEI 225 16,814.37 -516.80 IANG SENG 29,465.05 +626.68 ;et index 875.83 -11.19 JAKARTA COMP 2,563.75 -74.46 1ANILA COMP 3,819.75 -4.45 ;eoulcomp 1,970.10 -56.34 ;henzhen b 787.00 +20.49 IUMBAI IND 17,559.98-859.06 )OW 13,522.02 -571.06 IASDAQ 2,725.16 -80.52 ;&p 500 1,500.63 -61.1748 words
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Article29 2007-10-22 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source: BloombergBloomberg - 29 words
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Article42 2007-10-22 1 US$ (S$ per US$) 1.459 £(US: i/S: per£) 2.044 2.983 EURO(US$/S$/E) 1.428 2.084 YEN 115.10 78.90 RM 3.359 2.302 HK$ 7.751 5.312 BAHT 34.17 23.42 RUPIAH 9,089 6,229 RENMINBI 7.511 5.148 INDIAN RUPEE 39.39 26.99 A$ 1.122 0.769 NZ! 1.341 0.91942 words
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Page 1 Advertisements
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Advertisement76 2007-10-22 1 J TRUFFLE PROMOTION AT GRAND HYATT. Indulge in this season's freshest market produce of truffles from Alba, Italy with a selection of dishes prepared by Executive Sous Chef of mezza9, Stig Drageide. I l 4 Available for dinner only from 22 October to 17 November. JW FEEL THE HYATT TOUCH®76 words
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Page 1 Miscellaneous
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Miscellaneous57 2007-10-22 1 fl BizlT SUN FESTIVAL W HP pulling out all the stops Sensual N to woo Asia's high-rollers botanicals 34 PAGE 15 EYE ON HONG KONG HK's Chief Executive Donald Tsang has announced new businessboosting measures. X^H^^ How will the changes Ml affect Singapore's economy? Business leaders share their thoughts VIEWS57 words
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Miscellaneous24 2007-10-22 1 Kg^y^ WALL STREET SPORE MARITIME P™ i 1 Analysts dismiss ACADEMY spectre of crash 50 years of SMA ELJLJLM l|g| PAGE 2 PAGES 16-1924 words
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TOP STORIES
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1002 2007-10-22 2 ANDREW MARKS - ANDREW MARKS WALL STREET INSIGHT Last week's 4% slide due more to recent sharp run-up than to fear of another crisis AS STOCKS plummeted on earnings outlooks and renewed credit worries last Friday on the 20th anniversary of Black Monday, Wall1,002 words
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THREE-MINUTE DIGEST
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67 2007-10-22 2 BLUECHIP tenants are retreating from Hong Kong's central business district as rents climb beyond reach. The latest move away from the high-rent Central area is by lender DBS Bank (Hong Kong), which has just leased more than 220,000 square foot of67 words
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63 2007-10-22 2 CHINESE Vice-President Zeng Qinghong retired from the communists' upper ranks yesterday, bolstering party boss Hu Jintao's grip on power and clearing the way for a younger generation of potential successors. Mr Zeng, 68, was left out of63 words
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55 2007-10-22 2 SWISS watchmaker Bovet is planning a comeback in China, where its pocket watches used to be a hit with emperors and court officials. And Singapore Exchange-listed Sincere Watch is leading the charge, banking on the luxury brand's historical links to woo China's new55 words
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58 2007-10-22 2 SINGTEL plans to bid for a major stake in state-owned Ghana Telecom, the West African country's dominant operator, banking sources said. The deal, for half of the unlisted company's shares, may cost Sing Tel up to US$5OO million and pit it against European58 words
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59 2007-10-22 2 SENIOR Minister Goh Chok Tong says he believes the government's flexibility on the payout age of the proposed longevity insurance scheme will go far in securing the support the scheme needs. He added that, personally, he preferred a younger payout age of59 words
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73 2007-10-22 2 BANKERS remain wary of plans to launch a massive investment rescue fund to soften the blow of the US sub-prime meltdown, saying that it could interfere with a market recovery and stall a resolution to the credit crisis. The fund is intended to prevent73 words
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51 2007-10-22 2 A NATIONALIST hum for protection has erupted on the sidelines of the Communist Party Congress that ended yesterday. This contrasted sharply with President Hu Jintao's vow to keep opening the economy and seek "win-win" cooperation between Chinese and foreign firms. GREATER CHINA, PAGE51 words
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64 2007-10-22 2 DUBAI will sell around 20 per cent of port operator DP World next month in an initial public offering that could be the Middle East's largest and value the company at about US$2O billion. DP World will list shares on the Dubai64 words
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53 2007-10-22 2 ASIA'S biggest technology spenders are now being offered a smorgasbord of new software and tools to accompany their PC and printer purchases as part of a new Hewlett-Packard strategy to shift the battlefront for IT dollars from hardware to overall service capabilities.53 words
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Article, Illustration668 2007-10-22 3 Reuters V-P Zeng's departure clears way for young potential successors [BEIJING] Chinese Vice-President Zeng Qinghong retired from the communists' upper ranks yesterday, bolstering party boss Hu Jintao's grip on power and clearing the way for a younger generation■ Reuters; AP - 668 words
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547 2007-10-22 3 JANE MOIR - JANE MOIR DBS Bank (HK) moves to Quarry Bay; Morgan Stanley, Kowloon BLUECHIP tenants are retreating from Hong Kong's central business district as rents climb beyond reach. The latest move away from the high-rent Central area is by lender DBS Bank547 words
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Page 2 Advertisements
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Advertisement2301 2007-10-22 2 LUXURY TOURS TRAVEL PTE LTD /2fWtH VI9V&\ 7ft* Leading Operator SiJJJLA'^P) Established since 1985 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxturasingnet.corn.sg Subsidiary; LUXURY COACH SERVICE WebSile" www luxury com SO Member of NATAS 40 coaches available for charter Singapore Malaysia ■TT^J9 WMHfffißiM Sestcr Coaches2,301 words
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Page 3 Advertisements
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Advertisement52 2007-10-22 3 We look at things from a different perspective for the benefit of our clients. By building on our experience and expertise over all industries, we help our clients realize new opportunities. This has been our ambition since 1856. www.credit-suisse.com Thinking New Perspectives. V_> IvL Ls I I v 3 UI52 words
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COMPANY NEWS
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627 2007-10-22 4 CONRAD RAJ - CONRAD RAJ THE recent appointment of former Singapore Telecommunications chief executive Lee Hsien Yang to the board of Fraser Neave as both chairman and consultant appears to have rankled some observers who feel it could lead to a conflict of interest. Some also627 words
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Article, Illustration503 2007-10-22 4 CHUANG PECK MING - CHUANG PECK MING Sincere says it will be selling Swiss maker's luxury pieces through Macau by next year WATCHMAKER Bovet, started by Edouard Bovet and his two brothers, found its way to China in 1822 and its pocket watches became a hit withARTHUR LEE - 503 words
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565 2007-10-22 4 Reuters It's conducting due diligence, with Merrill as adviser SINGAPORE Telecommunications is now hunting for high-growth assets far beyond its traditional grounds in Asia, having spent over US$l2 billion in acquisitions closer to home in recent years. Banking sources told■ Reuters - 565 words
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Article90 2007-10-22 4 Dates of release of Q3 and 9-month results ended Sept 2007 COMPANY DATE Keppel Land Oct 23 KeppelT&T Oct 23 Capitaßetail China Tr Oct 23 SPC Oct 24 Osim Intl Oct 24 Keppel Corp Oct 25 Mapletree Log Oct 25 DBSGrp Oct 26 Capita Land Ltd Oct90 words
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Page 4 Advertisements
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Advertisement212 2007-10-22 4 SINGAPORE CUSTOMS UPGRADES IT SYSTEMS Various Customs Permit Services will be affected Singapore Customs will be carrying out an upgrade of its IT systems. The upgrade is necessary to increase efficiency and to meet future operational needs, as well as to prepare for the roll out of the enhancement to212 words
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Page 5 Advertisements
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Advertisement335 2007-10-22 5 I— The American Express® Singapore Airlines KrisFlyer Gold Credit 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% more335 words
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SINGAPORE MARKETS
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Article, Illustration719 2007-10-22 6 R SIVANITHY - R SIVANITHY STOCKS 11 \\n.s exactly one mourn ago that the US Federal Reserve cut its short-term rate by a surprise 50 basis points, sparking off a worldwide rally in stocks and consigning the then-prevalent US sub-prime fears to the market's backburners. Exhibiting the same disregard for719 words
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Article918 2007-10-22 6 Legends: USS; Fen; (a) HO; A) A$; Pound; Rupiah; Yen; (SS) Euro; AA) Baht; (8181) RM; (888) Peso; AAA) Rs; NTS; (ab) Cash/Bonus; (af) Dividend/Distribition; (ai) Final; (ak) Final and Fully Franked, with Div Reinvestment Plan; (al) Final Net; (an) Final Tax Exempt; (ao) Final Tax Exempt (One918 words
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419 2007-10-22 6 ■AFP CURRENCIES [HONG KONG] Asian currencies ended last week mixed against the US dollar, with the yen climbing but the Australian and New Zealand dollars down. Japanese yen: The yen has climbed to a near three-week high against the dollar as the market fretted over■AFP - 419 words
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406 2007-10-22 6 ■AFP COMMODITIES [LONDON] Scorching oil prices blazed a record-breaking trail beyond US$9O last week as traders fretted over the weak US dollar and geopolitical jitters in the crude-rich Middle East. Prices were electrified by fears that a Turkish military incursion into northern■AFP - 406 words
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Article1773 2007-10-22 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advanced Holdings 1.50 1.50 2 4.65 9.89 0.56 0.45 .EM Holdings 2.50 2.50 4.20 3.93 0.23 0.17 Jlco Comm REIT 1.60 1.60 5.14 20.801,773 words
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Article46 2007-10-22 6 Oct 19 VALUE CLOSE -1167.00-337.00 BT OB/OS BT CADI -*****.00-227.00 BT 10-day MA -*****.00-116.00 All-SG Equities 1039.29 -11.87 SG Equities Elect 116.12 -1.78 SG Equities Fin 2590.40 -63.20 SG Equities Prop 1541.89 -22.42 SiMSCI 459.34 -7.92 SiMSCI Future 459.30 -8.10 PrimePartnersCI 303.97 -1.1546 words
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Article51 2007-10-22 6 VOLUME Diqiland 860,352,000 El-Nets 528,489,000 ChinaONFld 438,566,000 Sky Petrol 310,915,000 Memstar 252,362,000 BerlianLaju 239,660,000 Sinostar 233,017,000 ChinaAElec 222,254,000 Jade Tech 210,798,000 Uni-Asia 205,636,000 VALUE(S) DBSGrp 1,303,737,912 Capita Land 543,223,185 SGX 522,989,580 ChinaONFld 490,388,510 Cosco Corp 486,737,966 UOB 462,476,838 Sing Tel 427,304,306 Uni-Asia 386,381,980 Keppel Corp 364,048,317 STXPOKWIOO51 words
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Article103 2007-10-22 6 BY CENTS CLOSE UP 7580 277.1 2.6 GLD 10US$ China H 10US$ 2550 131.3 3.7 Kei T&T 575 107.0 22.9 SPC 885 95.0 12.0 CoscoCori iRBeCW*****1 246 90.0 57.7 STXPOMBLeCW*****5 208 80.0 62.5 Cosco Con 770 75.0 10.8 Ezra 715 60.0 9.2 SPCDBeCW*****9 178 56.0 45.9 CoscoCori iMBLeCW/***** 180103 words
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Article93 2007-10-22 6 BY CENTS CLOSE DOWN 2140-100.0 -4.5 DBS Gri lardine C&C 1900-100.0 -5.0 ;gx 1490-100.0 -6.3 Uni-Asia 159 -91.0 -36.4 Venture Cor| 1480 -90.0 -5.7 B Sembawani 1170 -80.0 -6.4 ;C Global W*****0 422 -78.0 -15.6 ISMSCI India 100 830 -72.9 -5.7 Delon. 300 -68.0 -18.5 BukitSemW*****3 740 -65.0 -8.193 words
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Article99 2007-10-22 6 Clob Closing prices are in trading currencies, but absolute difference is in S$. Oct19 %CHNG CLOSE FR Oct 18 YR 2007 S$ LOW S$ HIGH USS 1.4631 -0.14 1.5479 1.4569® Euro 2.0895 -0.30 2.1254 1.9913 Pounds 2.9939 -0.17 3.1194 2.9323 AS 1.3086 -0.38 1.3411 1.1741 Yen*99 words
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Page 7 Advertisements
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Advertisement33 2007-10-22 7 PPL SHIPYARD For the Award of Excellence By American Bureau of Shipping With All Our best wishes •j 11 hi* HARVE ENGINEERING PTE LTD ,/^SSwJVIARC mPLANn£ LTD (HEATING, VENTILATION, AIR-CONDITIONING COLDROOM) w wl33 words
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CTI
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4230 2007-10-22 8 1 Qian Hu Corporation 2 Keppel Corporation 3 Mobileone 4 Keppel Land 5 Singtel 6 Keppel Tele Tran Sembcorp Industries 8 Capitacommercial Trust Capitamall Trust Singapore Exchange SMRT Corporation 12 Aztech Systems Capitaland Singapore Food Industries Singapore Post 16 ComfortDelgro Corporation Multi-Chem 18 Ascendas4,230 words
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Article, Illustration617 2007-10-22 9 MAX YUEN TEEN - MAX YUEN TEEN A total oT yi companies with financial year-ends between April 30 and June 30, 2007 are scored FOR the latest Business Times Corporate Transparency Index (BT-CTI), conducted in collaboration with the Corporate Governance and Financial Reporting Centre (CGFRC) andBLOOMBERG - 617 words
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2935 2007-10-22 9 LHTHIdgs Magnus Energy Group Nico Steel Hldgs Overseas Union Enterprise Sembawang Kimtrans Sunright Superbowl Hldgs Texchem-Pack Hldgs (S) The Hour Glass Tiong Woon Corp Holding Transview Hldgs TSH Corporation (formerly TPA Strategic Hldgs) TsitWing Intl Hldgs Unified Communications Hldg Vita Hldgs 113 Albedo 312,935 words
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SINGAPORE MARKETS
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Article, Illustration1376 2007-10-22 10 TEH HOOI LING - TEH HOOI LING OUR portfolios fell across the board last week as fear again gripped investors. Among the concerns was potential slowdown in the global economy as oil prices soared above US$9O per barrel. The housing slump in the US and its impact on the economy1,376 words
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1536 2007-10-22 10 ROBERT HALILI - ROBERT HALILI INSIDE MARKETS By CORPORATE shareholder activity surged on both the buying and selling fronts last week with 28 firms recording 83 purchases and 30 companies with 80 disposals, based on filings on the Singapore Exchange in the third week of1,536 words
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Page 10 Advertisements
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Advertisement13 2007-10-22 10 nt3 PM QX] Bl Hf3 J ®&s JB pft BJ>B® m H nf313 words
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SINGAPORE NEWS
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Article, Illustration558 2007-10-22 11 MICHELLE QUAH - MICHELLE QUAH He says govt's flexibility on payout age will help secure support for scheme By support a compulsory annuity scheme because they will see the glass as more than half-full. They can then see better that they will benefit from the longevity558 words
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Article, Illustration185 2007-10-22 11 Michelle Quah - Michelle Quah AS many as 18,000 safety helmets were used to form a chain spanning a distance of s.Bkm, as Keppel Offshore Marine attempted to set a Guinness World Record and the Singapore Book of Records by creating the longest unbroken chain of safety185 words
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Page 11 Advertisements
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Advertisement288 2007-10-22 11 q&a Citi Private Bank Wealthy Families Need A Global Trusted Advisor B I TAN SU-SHAN I Managing Director fl ly :-i H^^ Region Head V' Singapore, Malaysia Brunei Citi Private Bank 'y.- H^t Q How is Private Banking changing? Q Who can benefit from your services? A Client needs are288 words
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Advertisement426 2007-10-22 11 /f you are in any of these situations: -el""- at You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep426 words
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Page 11 Miscellaneous
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Miscellaneous95 2007-10-22 11 EVENTS LISTING DATE/ TIME EVENT VENUE 22 Oct 07 ISEAS Seminar on ISEAS Seminar Room 10.30am Myanmar Today: Rhetoric, 2, 30 Heng Mui Keng Myths and Realities Terrace, Pasir Panjang 22-23 Oct Asia Power 2007 Marina Mandarin 07 Hotel 8.00am 24-25 Oct Strategies for Effective Grand Hyatt Singapore 9.30am Tax95 words
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VIEWS FROM THE TOP
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Article, Illustration4071 2007-10-22 12 – Charles M Ormiston; – Karl Mouantri; – Goh Chong Theng; – Annie Yap; – Na Boon Chong; – Liv Chunlin; – T Chandroo; – Lim Soon Hock; – Fong Loo Fern; – Gautam Banerjee; – Wee Piew; – Leon Perera; – Berthold Trenkel; – David Keith; – Girija Pande; – Dora Hoan - THIS WEEK'S TOPIC Could Hong Kong's new business-boosting measures have an impact on your industry and on the Singapore economy in general? Spore has edge in certain areas FIRST, competition is always good. The real losers are likely to be the countries that are not even4,071 words
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Page 13 Advertisements
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Advertisement24 2007-10-22 13 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. S MATS NOTICES24 words
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Advertisement145 2007-10-22 13 Now you can read the year's best business books in just 15 minutes each! >-^ "the answer for the proseburdened executive.. .to what is becoming an increasingly irksome management problem: too much to read." The Wall Street Journal Soundview Executive Book Summaries" has been presenting the best business books in145 words
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DINING OUT
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Article, Illustration1419 2007-10-22 14 Geoffrey Eu; Ch&ah Ui- Hoon - Geoffrey Eu Ch&ah Ui-Hoon GUEST CHEF Davy Tissot, Gordon Grill Goodwood Park Hotel, 22 Scotts Road Tel: 6730-1744 THE ongoing Michelin Star Festival at the Goodwood Park's Gordon Grill marks a second week of high-powered gastronomic activity with the appearance of guest chef Davy Tissot.1,419 words
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Page 14 Advertisements
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Advertisement216 2007-10-22 14 LUNCH PROMOTION PRRfIH k '»gf_ a- Diners Club Card r oapp ac «//64i6 0980 &2^^§^^^9 X^fl \S2A HS A W&r/J of Exclusive Privileges Treats fVfc^fc Dim C/mA 11 www.diners.com.sg K^L& International1 *4«j»r|* W HH MM W OTWH BMP Ml HVMMIP9HMH HH 4BHEOvk Teochew Porridge Buffet Dinner C?J?4 $9.80 M. 10*216 words
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Advertisement101 2007-10-22 14 Delectable Hawker Gourmet Be spoilt for choice with Cafe Vie's extensive buffet spread ranging from delectable hawker fare to succulent BBQ meats. Indulge in famous local delights kW-«6 like fish head curry, bak kut teh, roti prata and laksa or stop by our outdoor BBQ station to enjoy mouth-watering satay101 words
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Advertisement91 2007-10-22 14 The Essential Wine Tasting Guide Demystify wine talk! A key reference ana educational resource I for beginners A connoisseurs alike. Offers a fast track guide to wine appreciation by insighting one's senses on over 1200 wine descriptors. The EWTS has received excellent reviews by B international wine I writers, and91 words
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SINGAPORE SUN FESTIVAL
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Article, Illustration699 2007-10-22 15 The Singapore Sun Festival gets off to a delicious start, writes PARVATHI NAYAR THE fine art of living well, also known as the Singapore Sun Festival, got off to a good start over the weekend with a tasty sampler of its core strengths: classical music699 words
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Article, Illustration154 2007-10-22 15 PARVATHI NAYAR - PARVATHI NAYAR -By SINGAPORE-BASED CEOs, celebrities and artists have all contributed towards designing and decorating trishaws for a charity auction organised by the Sun Festival this morning at the Raffles Hotel Jubilee Hall. "The ride home is the trishaw created by Esplanade CEO Benson PuahARTHUR LEE - 154 words
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616 2007-10-22 15 PYVAN - PYVAN By 1 tih Kussian National Urchestra under the baton of Alexander Vedernikov opened the Singapore Sun Festival's series of concerts at the Esplanade last Saturday evening with a wonderfully fresh performance of Rossini's William Tell overture. The cellos, led by principal616 words
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Page 15 Advertisements
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Advertisement67 2007-10-22 15 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 Internet67 words
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Advertisement123 2007-10-22 15 USA every day. ««JU At great prices* S&fl^flWWT' BVfVS f a^ I V "~f-- ';r*,\ 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. Ticket must be issued within 7123 words
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Page 15 Miscellaneous
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Miscellaneous199 2007-10-22 15 If Iff 11 m^L I IH With the beauty of the Botanic Gardens at the Sun Festival today as a backdr°P' enJ°y a s Pecially crafted al IIIC JUII rcsuval lliuay dinner prepared by Michelin and nrnrnvpfr^^^^^^^^^H SAA Rosette Award-winning chef IJ PI n 1111 Jean-Christophe Novelli. Under The J199 words
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50 YEARS OF SMA
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Article, Illustration775 2007-10-22 16 GEORGE JOSEPH finds out how SMA strives to meet the industry's changing demands for manpower MARITIME education has come a long way since Singapore started training deck cadets 50 years ago at the polytechnic. Today, the Singapore Maritime Academy (SMA) of Singapore Polytechnic (SP)775 words
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Article, Illustration409 2007-10-22 16 SINCE the Singapore Maritime Academy set out to provide a route to university degrees for its diploma level students, it has actively pursued collaborations with premier foreign universities. And this has gone beyond credit transfers so that its Singapore students can proceed to these degree409 words
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Article, Illustration291 2007-10-22 16 I CONGRATULATE the Singapore Maritime Academy (SMA) on its 50th anniversary. Over the years, Singapore has developed into a global hub port and a leading International Maritime Centre. SMA has played an important role in our291 words
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263 2007-10-22 16 THE training of mariners in Singapore dates back to the British colonial days and by 1952, a part-time maritime school within the Raffles Institution was set up. Funding came from the Committee of the Singapore Sailors' Institute and the Committee of the Singapore263 words
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Article, Illustration682 2007-10-22 17 With SingTel's Maritime VSAT service, shipping companies can boost productivity and improve the lives of crew at sea, reports wee li-eim SHIPPING companies are becoming increasingly aware of the benefits of maritime communications technology, says Singapore Telecommunications Ltd executive vice-president of the business group BillSource: SingTel - 682 words
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Article, Illustration802 2007-10-22 17 GEORGE JOSEPH - Singapore to Siberia a real life training trip GEORGE JOSEPH INNOVATIVE training programmes created by the faculty of the Singapore Maritime Academy (SMA) can take its trainees on learning stints to places as diverse as a luxury cruise ship and the 10,000 km long Trans Siberia Railway. The luxury cruiseFILE PHOTO - 802 words
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Article, Illustration812 2007-10-22 18 The maritime field also needs people who are trained to support ships, reports imisha ramchaimdaimi A TWO-WEEK stint at sea as a sea cadet during his secondary school days was all it took for Captain Kevin Wong to decide on his career of choice. "That's when IYEN MENG JIIN; SMA, Singapore Polytechnic - 812 words
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484 2007-10-22 18 IN conjunction with the 50th anniversary of the Singapore Maritime Academy, Singapore Polytechnic launched new initiatives to offer a wider programme of relevant courses in maritime education with beefed-up facilities and a scholarship fund for its students. These include the setting up of484 words
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Article, Illustration295 2007-10-22 18 the SMA - THE SS Pallada is one of the world's fastest tall ships and a group of students from the Singapore Polytechnic was the first from Singapore to get a chance to sail on it. The Pallada is the pride of Far Eastern State Technical Fisheries295 words
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460 2007-10-22 19 R&D and IT have enabled it to provide multimedia and distance learning, reports rajaim bhaimdari SINGAPORE'S only maritime academy is a leader in research and development initiatives that make for a more conducive learning and teaching environment, while at the same time meeting industry demands460 words
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Article, Illustration387 2007-10-22 19 DUNKING a person in water is not part of essential training just for would-be commandos. Very soon it will be compulsory for anyone getting on to an offshore platform in most parts of the world to have undergone training which includes387 words
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Page 19 Advertisements
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Advertisement61 2007-10-22 19 K*M K*M t lj c kinniik JIM dynamic l*n AALBORG CENTRE eastwindshipmanagementpte. ltd INDUSTRIES Globe Wireless 9 Inmarsat w«^ik?i Lloyd's List /LsM^ mpa MARITIME COMMUNICATIONS PARTNER AS SINGAPORE J Sing Tel E3 SEMBAWANG SHIPYARD ST R SHIPPING ckArv i •^MtWtiiHi'k j l^r I V/ •^'e Leading Cruise Line In Asia61 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration987 2007-10-22 20 JASON LOW takes a closer look at the importance of crude oil and its impact on the global markets today DESPITE last week being the earnings season in the United States, much of the stock market's attention was focused on the surging crude987 words
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Article, Illustration1020 2007-10-22 20 CAMPUS LIFE During his school exchange programme in Sweden, NUS undergrad Sriram Krishnan successfully launches a mobile application start-up, says CRYSTAL NEO THE world is his oyster and Sriram Krishnan knows this very well. The final-year electrical engineering student at the National University of Singapore,1,020 words
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Article204 2007-10-22 20 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have204 words
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Page 20 Advertisements
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Advertisement46 2007-10-22 20 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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ECONOMY WATCH
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Article, Illustration708 2007-10-22 21 Reuters, Bloomberg It may interfere with a market recovery, stall a resolution to the credit crisis [WASHINGTON] Bankers remain wary of plans to launch a massive investment rescue fund to soften the blow of the US sub-prime meltdown, saying that it could interfere withReuters, Bloomberg - 708 words
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249 2007-10-22 21 Bloomberg [BANGKOK] Thai Finance Minister Chalongphob Sussangkarn said that the country's economy would pick up next year after the government increased spending, while foreign investment has recovered. The expansion may "easily" exceed 5 per cent in 2008, up from an estimatedBloomberg - 249 words
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382 2007-10-22 21 Bloomberg Record capital inflows present another challenge [NEW DELHI] India's government faces challenges in managing the economy because of a strengthening currency and record inflows, Finance Minister Palaniappan Chidambaram said. "Strong capital inflows have posed significant challenges to macroeconomic management," he told aBloomberg - 382 words
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248 2007-10-22 21 ■AFP [WASHINGTON] World Trade Organization head Pascal Lamy has warned that international negotiators are now faced with their last chance to reach a global trade deal. He said on Saturday that they had just "a few weeks" to agree on■AFP - 248 words
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Page 21 Advertisements
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Advertisement172 2007-10-22 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 staff172 words
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MALAYSIA/INDONESIA
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Article, Illustration661 2007-10-22 22 PAULINE NG - PAULINE NG MALAYSIA INSIGHT Inflation is becoming a thornier problem than volatile stock markets and rising oil prices CONSIDERING Wall Street's massive 2.64 per cent sell-off last Friday, Asian and European markets can count on a torrid week ahead. Before the US's humongous661 words
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278 2007-10-22 22 Rev- He will continue with physiotherapy exercises at home [KUALA LUMPUR] Former Malaysian prime minister Mahathir Mohamad, 82, left hospital yesterday after heart surgery, ending about a month in intensive care. Dr Mahathir, who still wields political influence in Malaysia after rulingRev- - 278 words
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236 2007-10-22 22 Bloomberg [KUALA LUMPUR] Top Glove Corp, the world's biggest rubber-glove maker, said fiscal fourth-quarter profit rose 43 per cent as the company added production lines to factories in Asia. Net income increased to RM26.8 million (Ssl 1.6 million), or 8.6 sen aBloomberg - 236 words
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Article, Illustration371 2007-10-22 22 [JAKARTA] Indonesia, South-east Asia's most populous country, plans to spend 600 billion rupiah (5596.6 million) next year on palm oil research and subsidising cooking oil for the poor. "Spending mostly will be used for research to boost added value at the371 words
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227 2007-10-22 22 [KUALA LUMPUR] Businessman Ishak Ismail, the former executive chairman of Idris Hydraulic (Malaysia) Bhd, is making a comeback via a takeover of Idaman Unggul Bhd and a tussle is imminent, Malaysia's Business Times quoted sources as saying. Idaman Unggul, whose major227 words
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Page 22 Advertisements
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Advertisement491 2007-10-22 22 ig^lgllljyi mm mm Tuesday, 30 October 2007, Morning Session Wednesday, 31 October 2007, Morning Session Thursday, 1 November 2007, Morning Session B.ooam -9.00 am Coffee Registration B.ooam 9.00 am Coffee Registration B.ooam 9.00 am Coffee Registration 9.00am-12.30pm Lunch at Ipm 9.00am-12.30pm Lunch at Ipm 9.00am-12.30pm Lunch at Ipm Welcome Address491 words
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Advertisement211 2007-10-22 22 f ISKANDAR, JOHOR (MALAYSIA) INVESTMENT BUDGET TAX IMPLICATION 2008 SEMINAR I SPEAKER CPCHONG (CA(M), CPA(S), FCCA(UK), ACMA(UK)ACIS(UK), ATII(M), CFP(M) 2-" iS o He has more than 20 Years of consulting experience and served more than 1000 foreign investors from more than 20 countries to set up the projects in the211 words
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GREATER CHINA/INDIA
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Article, Illustration70 2007-10-22 23 AFP ICONIC French fashion designer Pierre Car din (centre) walking past the audience and mediapeople after his fashion show (left) in the desert of Whistling Sand Mountain on the outskirts of Dunhuang in China's north-west Gansu province. Cardin launched his spring-summer 2008 collection in the desertAFP - 70 words
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469 2007-10-22 23 Reuters, AFP Aim is to curb foreign fund flows into listed stocks [NEW DELHI] India's main communist party, which props up the ruling coalition, urged the government last Friday to curb foreign fund flows into shares by banning a particular type of investmentReuters, AFP - 469 words
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535 2007-10-22 23 As Hu vows to keep opening economy, business chiefs slam foreign inroads [BEIJING] No country has prospered more than China by opening up to trade and investment, so a nationalist hum for protection on the sidelines of the Communist Party Congress that ended535 words
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195 2007-10-22 23 -AP [BEIJING] China's investment in factories, real estate and other urban assets rose 25.7 per cent in the first three quarters of this year from the same period last year, a central bank official said yesterday, despite curbs meant to prevent runaway spending. The government-AP - 195 words
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342 2007-10-22 23 Bloomberg Gain of 10b rupees beats analysts' median estimate [MUMBAI] ICICI Bank, India's second-biggest bank by assets, said that sec-ond-quarter profit rose 33 per cent as it earned more from loans and financial products in Asia's third-big-gest economy. Net income increased to 10Bloomberg - 342 words
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Page 23 Advertisements
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Advertisement1095 2007-10-22 23 SUMITOMO MITSUI FINANCIAL GROUP, INC. 3Mr Cj Annual Report for the Year ended March 31,2007 BOARD OF DIRECTORS, CORPORATE CONSOLIDATED STATEMENTS OF INCOME AUDITORS, AND EXECUTIVE OFFICERS (As of June 28,2007) J 2007 B" 2006 CHAIRMAN OF THE BOARD AND REPRESENTATIVE DIRECTOR lncome Masavuki Oku lnterest income: Interest on loans1,095 words
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ASIA-PACIFIC/WORLD
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448 2007-10-22 24 Reuters Around 20% of port operator to be sold in Nov and could raise up to USs4.2b [DUBAI] Dubai will sell around 20 per cent of port operator DP World next month in an initial public offering that could be the Middle■ Reuters - 448 words
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206 2007-10-22 24 [LONDON] UK banks Barclays and Royal Bank of Scotland have lined up emergency funds of up to US$3O biUion from the US Federal Reserve to bail out American clients caught up in the global credit crunch, a paper said. Barclays has been givenReuters - 206 words
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Article, Illustration65 2007-10-22 24 AFP [SAINTDENIS, France] South Africa's hooker and captain John Smit, holding the William Webb Ellis cup, his teammates and South Africa president Thabo Mbeki (L), celebrate after winning the rugby union World Cup final match against England on October 20AFP - 65 words
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419 2007-10-22 24 Bloomberg [NEW YORK! Nasdaq Stock Market and brokerages including Goldman Sachs Group are weighing bids for the Philadelphia Stock Exchange, four people familiar with the matter said. Nasdaq, which is seeking to enter the derivatives business this year, as well as Goldman and Susquehanna InternationalBloomberg - 419 words
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497 2007-10-22 24 Bloomberg [HOUSTON] World oil output has already peaked, and prices that have surged to record highs above US$9O a barrel are a sign of things to come, said investor Boone Pickens, chairman of Dallas-based BP Capital. Global production has peaked at 85Bloomberg - 497 words
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Article2923 2007-10-22 24 Transaction date: Oct 19 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific iankOf E Asia ieida Jade Bird ieijing Airport2,923 words
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AVIATION/SHIPPING
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Article, Illustration736 2007-10-22 25 Fernandes is also urging for the opening up of the KL-S'pore route [KUALA LUMPUR] The Malaysian government's decision to allow Malaysia Airlines'(MAS) low-cost carrier (LCC), Firefly, to fly out of Subang airport has rekindled debate on whether the airport should be turnedCAROLINE CHIA/THE STRAITS TIMES - 736 words
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234 2007-10-22 25 Bloomberg [SINGAPORE] Asian jet fuel prices rose to a record in Singapore, the region's biggest oil-trading centre, after crude oil costs climbed to an all-time high. Morgan Stanley bought a third shipment in a week of 100,000 barrels of jet fuel at U5599.90 aBloomberg - 234 words
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Article2412 2007-10-22 25 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), BR2,412 words
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285 2007-10-22 25 Reuters [HAVANA] State-owned Dubai Ports World, which relinquished control over six US ports in a political firestorm last year, is studying plans to build a container terminal in the Cuban port of Mariel, business sources said. DP World agreed in early October■ Reuters - 285 words
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Article392 2007-10-22 25 oaw BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of392 words
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TRANSPORT STOCKS
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Article111 2007-10-22 25 '000 :H Offshore Ihuan Hup Hldgs losco Corp ZWTLtd Ezra Hldgs rirst Ship Lease rreight Links 3rand Banks layaHold Ltd <1Ventures <eppel Corp .abroy Marine V1TQ Corp MOL Pacific Shipping 3an-United Corp Rickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship Star Cruises 0.96 0.36 7.70 1.22 7.15111 words
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Article36 2007-10-22 25 '000 let 19 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid 1.51 9.80 9.70 4.90 2.90 0.25 -0.03 -0.05 unch -0.08 unch unch 221 44! 54! 122i 6! 8)36 words
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Article12 2007-10-22 25 '00 ■recious Ship Jegional Cont 34.50 29.75 0.50 unch 1274 33112 words
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Article20 2007-10-22 25 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 39.50 2.00 unch 0.10 1.00 unch unch 79' 62!20 words
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Article21 2007-10-22 25 Evergreen Marine ...32.95 :irst Steamship 87.70 Wan Hai Lines 29.10 fang Ming Marine ..27.90 -0.60 1.70 -1.85 -0.30 1 121 words
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Article36 2007-10-22 25 '000 :awasaki Hvy lnd...437.00 -9.00 ***** :awasaki Kisen ....1642.00 -54.00 588) /litsubishi Hvy 699.00 -12.00 ***** /litsui Eng&Sbldg ..676.00 -23.00 1070! /litsuiOsk Lines ..1946.00 -64.00 1120! lippon Express 592.00 -11.00 340' lipponYusen 1218.00 -25.00 402136 words
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262 2007-10-22 25 Reuters lAiimiNbj nasyLrmse will add one ship a year in the coming years to tap the budding Greek no-frills cruise market, Stelios Haji-loannou, founder of British low-cost airline easy Jet, said. Mr Haji-loannou, who moved his cruise ship operations from the French and Italian– Reuters - 262 words
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Page 25 Miscellaneous
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Miscellaneous301 2007-10-22 25 CRYPTIC CROSSWORD ACROSS HF HJ~ 6 Turned out stupidly illiterate HI__HM__HM__HM__HHBVHHHHI H 7 Grovel before queen ***** Lh mJ mJ nJ LJ^BH 10 Stymie on the green? (7) H"~~^l 11 Sounds like lower class (6) H 12 A bit backwards showing HJ HJ HJ HJ HJ HJ HJ HJ intelligence301 words
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SINGAPORE STOCKS
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Article216 2007-10-22 26 All. ireen 0.50 1.790 -0.040 Ascendasreit 0.80 2.390 -0.030 Caj iComm 0.48 2.560 -0.050 Caj iLand 4.64 7.750 -0.100 CapitaMall 0.89 3.660 -0.040 Chart SemiCond 0.53 1.080 +0.010 CityDev 2.77 15.700 -0.300 ComfortDelGro 1.25 1.940 -0.020 Cosco Con 2.34 7.700 +0.200 Creative Tech 0.14 6.000 -0.050216 words
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Article95 2007-10-22 26 Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 7 OOP 1 11 7 Manufacturini 48 164 27 41 55 205 34 Commerce 13 64 19 19 83 >r/Cc ims 30 33 Finance 23 23 Construction 15 24 Pro] ies 33 33 Hotel95 words
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Article129 2007-10-22 26 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 132.546 132.546 580.486 580.486 Manufacturini 2.766.431 836.312 3.602.743 2.932.668 244.994 3.177.662 Commerce 1.636.199 107.358 1.743.557 613.652 25.110 638.762 ir/O 940.926 13.709 954.635 2.117.320 12.705 2.130.021 Finance 403.333 1.175 404.508 3.160. .791 190 3.160.981 Construction 578.396129 words
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Article8694 2007-10-22 26 Weekended: Oct 19 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Week Last Quote |h Low Buyer Seller Div GrYld Net C'vr P/E MCap $mil Hi* Corti| >an] 3.5 2 5716 1st Software 22 7 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG8,694 words
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Article56 2007-10-22 26 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS 3983 2710 6235 STI ETF 100 3977.9 2737.6 6236 STI ETF IOPV US119xd US6200 US1000 US***** US***** 3940 +20 3818.6 -110.1 25 398356 words
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Article2159 2007-10-22 26 52-Wk Tel High Low Code Last Sale Vol COOP] Day ill Low Last Quote Div GrYld Net MCap Buyer Seller C'vr P/E Smil Comi JiL 30 13 1181 AAGrp 41.5 19 5000 ABRHIdgs 31 23.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 11.5 1524 Alantac 22.5 82,159 words
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Article253 2007-10-22 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 cum253 words
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FINANCE & COMMODITIES
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366 2007-10-22 27 Futures (Closing prices) %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct19 World Index Preliminan 1172.4 -1.0 6.5 -0.7 5.5 -1.0 10.! t EAFE Preliminan 1162.9 -0.9 5.0 -0.6 6.6 -0.9 11.1 Euro[ Preliminary 1583.5 -0.7 6.0 -0.5 7.9 -0.8366 words
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Article133 2007-10-22 27 As at 9am Oct 19 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2960 1.3110 Can dollar 1.4880 1.5060 Euro 2.0720 2.0960 NZ dollar 1.0860 1.1090 Sterlin ind 2.9660 3.0000 US dollar 1.4510 1.4670 Local dollars to 100 units of foreign133 words
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Article163 2007-10-22 27 Oct 19 fer Overnight 2 1/2 1-month 2 1/2 2-months 2 17/32 3-months 2 9/16 Overnight mode: 2 1/2 US$ Offer 2 3/8 2 3/8 2 13/32 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.90 4.98 5.04163 words
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Article25 2007-10-22 27 Oct 19 ten Hji Sett STI SIMSCI Oct 464 464 469.3 Taiwan Oct 373.3 376.3 373.9 Source: MF Global (S) Pte. Ltd25 words
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Article21 2007-10-22 27 Oct 19 Bid Offer 1-month 1.4554 1.4566 2-months 1.4522 1.4535 3-months 1.4489 1.4502 6-months 1.4408 1.4421 Source: OCBC21 words
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Article147 2007-10-22 27 Oct 19 jrrencies Bid Offer Bid Offer l/US$ to one unit of foreign currency: jstralian dollar 1.3001 1.3014 0.8913 0.8916 madian dollar 1.4962 1.4976 1.0257 1.0261 iro 2.0829 2.0845 1.4280 1.4281 dollar 1.0869 1.0892 0.7452 0.7462 irlim 2.9818 2.9843 2.0443 2.0446 dollar 1.4586 1.4596 l/US$ to 100147 words
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Article337 2007-10-22 27 Oct 19 IRODOLLAR FUTURES ec07 lar08 in08 ;p08 95.200 95.490 95.650 95.725 0 0 0 0 ***** ***** 7493 8615 UROYEN FUTURES ec07 99.145 99.155 lar08 99.115 99.130 in08 99.080 99.100 ;p08 99.030 99.040 ec08 98.950 98.980 lar09 98.915 98.915 in09 98.845B ;p09 99.145 99.115 99.080 99.030337 words
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Article291 2007-10-22 27 Oct 19 RSS 1 (S cents/kg) Month High Close Sett Volume (tonnes) Open Interest Low Nov 07 Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 352.00 353.50 355.75 356.25 357.25 361.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest Nov 07291 words
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Article103 2007-10-22 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 983.25 991.50 988.00 976.50 Jan 08 1001.25 1010.25 1007.00 994.50 Mar 08 1015.75 1023.25 1020.00 1009.00 May 08 1020.00 1026.50 1022.50 1013.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 40.56 40.99 41.03 40.50 Jan103 words
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Article76 2007-10-22 27 CRUDE OIL PRODUCTS Oct 18 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 84.11 -0.15 WTI (Near Mth) 89.53 2.33 Dubai (1-Mth F) 77.85 -0.27 Tapis blend 88.3 -0.2 Minas 85.8 -0.2 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 83.32 98.95 -0.13 0.9 USS/barrel Opec Oil76 words
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Article466 2007-10-22 27 Oct19 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS wstralia 0.869 6.695 0.624 6.910 35.114 81.024 1.026 8.164 2.994 1.195 54.138 39.398 1.301 5.776 1.042 29.049 30.456 0.436 0.891 Canada 1.151 7.705 0.718 7.952466 words
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Article89 2007-10-22 27 Oct 19 'eriod Issue code Maturity Yesterday's Bid Hii Day's ill Low 1-Month BQ*****X 17.01.08 -Year BY*****A 29.09.08 2.29 2.16 2.3 2.28 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0Z 2.375 i-Year N*****1E 2.500 '-Year NX*****F 3.625 0-Year NY*****F 3.750 5-Year89 words
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Article68 2007-10-22 27 Oct 19 mth 4.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 4.***** 2.***** 2 mths 4.***** 2.***** iWAP Offer rates (S$) mth 2.***** mths 2.***** mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.*****68 words
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Article65 2007-10-22 27 Oct 18 ICE PALM FUTURES (RM/MT) lelivery Opening Sett Av lonth Range Price Price Hii Vol Open Done Position Low Oct 07 2790 2817 2823 2765 753 ***** Nov 07 2750 2770 2767 2710 2889 ***** }ec07 2724 2735 2735 2680 8101 ***** Ian 08 2704 2711 271465 words
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Article131 2007-10-22 27 Oct 19 Hong Kong London 757.00 756.80 758.00 757.80 Oct 18 Oct 19 763.10 761.50 763.60 762.00 Source: Reuters CAST BAR (S$) Oct 19 Buying Sellim Kilobar ***** PAMP GOLD BARS (S$) Sellim "38,728.65" ng Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™131 words
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Article70 2007-10-22 27 Oct 19 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2510.20 2503.80 3 months 2557.00 2551.00 Copper, Grade A (USS/tonne) Cash 3 months 7912.50 7870.00 7901.50 7860.00 Lead (USS/tonne) Cash 3769.00 3 months 3705.00 3712.00 3665.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 370 words
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Article82 2007-10-22 27 Oct 19 (£/tonne) Close Prev Hii ih/Low Dec 07 951 949 956/940 Mar 08 966 unch 973/957 May 08 975 976 982/967 Jul 08 987 unch 990/978 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2150 2123 2187/2134 Jan 08 1778 1781 1814/1773 Mar 08 1752 1758 1790/1746 May 0882 words
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Article4932 2007-10-22 27 BONDS WARRANTS el lode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >arr S779 ASL Marine Hldgs W*****1 122 -8 143 >058 AdvanceModulesGrpW*****3 5 -1.5 600 >036 Advance SCT Ltd W*****9 34 4 2260 >835 Allgreen RBeCW*****6 6.5 -2 460 >877 Ascendas REIT4,932 words
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Page 28 Advertisements
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Advertisement1637 2007-10-22 28 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination VOYAGER V JEA/AUH/DOH/BAH/DMM/KWI STXPOTBN ICH/PUS Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES I1,637 words
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Advertisement685 2007-10-22 28 INTERASIA RORO SERVICE VESSEL/VOY I RAMPQCT) I HEIGHT(M) PKG KCH LCB I SIN I JKT STRAITS VENTURE 13 15 3.1 24/10 26/10 01/11 04/11 06/11 AUSTRALIAN RORO SERVICE VESSEL/VOY I RAMP(KT) I HEIGHT(M) I LCB I SIN I BRI SYD MEL APE FRE POSITIVE LEADER/014 100MT 5.0 29-29/09 01-01/10 13-13/10685 words
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Advertisement1727 2007-10-22 29 WMIN nMI lINIEKINMMVJINML I*IE LIU CRNO: **********0/R %J laiMKi TEL: *****588 (14 LINES) FAX:*****163 Y\\M\|/\|AM UAI INFV GBtomerScrvicc/BookingsDir«tLinc-(l800)*****200 N^ I «I fl n I LI 11 t J PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 W JOH TEL: {07) *****23 FAX: {07)*****21 SUR TEL:1,727 words
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Advertisement1964 2007-10-22 29 \\~jT\ EASTERN CAR LINER, LTD I UL_s^— i I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS luUmU^^l B VOY I Romp(KT) I LillinglKT) SIN PKL I KUA I )KT I SUR IKB I I NOZOMI 17_ 50 02/11 05/11 08/11 I ESTRELLA ETERHA 153 60 03/1 1 06/1 11,964 words
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Page 30 Advertisements
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Advertisement3015 2007-10-22 30 I VESSEL I VOY PKL T SIN I KHI I DXB BAB I DMM I BIK I KHO TENTH OCEAN PCLB2IB 23/10 24/10 02/11 05/11 06/11 12/11 14/11 16/11 SEVENTH OCEAN PCLXXXX 31/10 01/11 10/11 13/11 14/11 20/11 22/11 24/11 IRAN TABATABAEI PCLB226 01/11 12/11 11/11 14/11 15/11 21/11 23/113,015 words
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Advertisement268 2007-10-22 30 I« GLORY NAVIGATION GROOP I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA SINGAPORE HIAP WOON SHIPPING (S) PTE LTD 114 ROBINSON ROAD, #03-01 SINGAPORE268 words
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Page 31 Advertisements
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Advertisement3734 2007-10-22 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'n3,734 words
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BizlT FOCUS
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Article, Illustration1137 2007-10-22 32 WEIGHING THE COSTS OF MIGRATION Company CIOs need to gauge when to upgrade vital IT platforms in order to keep optimum performance, writes AMIT ROY CHOUDHURY ITH today's business environment so dependent on technology, it is vital to know when to chuck existing legacy1,137 words
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425 2007-10-22 32 ONG BOON KIAT - ONG BOON KIAT DIFFICULT, closed and expensive. These are just a few of the negative connotations commonly associated with legacy systems such as older mainframes. Yet, the fact remains that many legacy systems are still around and carrying out crucial business support functions.425 words
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Page 32 Advertisements
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Advertisement247 2007-10-22 32 I LJ I I JIU 'M&££&M&sM> l^_ Fujitsu's range of ETERNUS disk array storage system (SAN) offers X ':?M£i?o;f&offljjk Bk you the ultimate in scalability and business continuity, providing a vifl l^^fl &&&&0-ofi. solution for every need -beit a novice SAN user, SMEs or large I organizations. Besides offering one247 words
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Advertisement16 2007-10-22 32 This series is brought to you by FUJITSU ASIA PTE LTD FUJITSU THE POSSIBILITIES ARE INFINITE16 words
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BizlT
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Article, Illustration557 2007-10-22 33 ONG BOON KIAT - ONG BOON KIAT Firm unveils cheapest-ever storage product lines up schemes for Asian SMBs KNOWN for building and selling storage systems that cost hundreds of thousands of dollars, Hitachi Data Systems (HDS) is now trying to woo the economy class: small businesses with557 words
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Article, Illustration371 2007-10-22 33 ONG BOON KIAT - ONG BOON KIAT New 'dark fibre' system will give firm more control over cost and capacity here GLOBAL communications company Cable Wireless has announced its first dark fibre network in Singapore. The new network, which the company leased from a network provider here that371 words
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Article835 2007-10-22 33 RAVI RAJENDRAN - RAVI RAJENDRAN <you say> The right storage strategy can help businesses reduce their carbon emissions and power consumption ONLY a few years ago, climate change figured very low in the public consciousness. That situation has since changed. More people are worried about the future of835 words
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264 2007-10-22 33 Bloomberg [LONDON] BAE Systems pic, Electronic Data Systems Corp (EDS) and International Business Machines Corp (IBM) were among eight companies that won the right to bid for work on Britain's £5.3 billion (5515.9 billion) ID card programme. Accenture Ltd,Bloomberg - 264 words
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<what's up>
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68 2007-10-22 33 HEWLETT-PACKARD (HP) has appointed Serena Yong as general manager, Personal Systems Group (PSG) for HP Singapore. Ms Yong will be responsible for the growth, business performance and market penetration of the PSG business. She will also drive HP's channel strategy and68 words
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97 2007-10-22 33 THE Defence Science and Technology Agency (DSTA) and the National Security Coordination Secretariat (NSCS) launched a Risk Assessment and Horizon Scanning (RAHS) Experimentation Centre (REC) last week. The centre aims to foster RAHS research, development and collaboration. RAHS is a system that97 words
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Article, Illustration126 2007-10-22 33 SPH New Media, distributor of a mobile interactive technology known as Zap Code, has launched Singapore's first interactive billboard at Mid-Point Orchard (above) based on the technology. Mobile handset users who have installed a software known as Color Cam can interact with the126 words
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42 2007-10-22 33 OSLO Stock Exchange-listed software company Step Stone has set up office in Singapore. The provider of e-recruiting software and online job boards also announced the appointment of Weng Loong Leong as its new Singapore country manager.42 words
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33 2007-10-22 33 CONTACT centre software vendor Aspect Software has appointed James Wong as general manager for the Asean region. He will oversee sales, marketing, professional services and other operations.33 words
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24 2007-10-22 33 ONG BOON KIAT - REGIONAL professional project management services provider inProjects has named co-founder Wayne Hallas as group director for Singapore.24 words
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Article, Illustration858 2007-10-22 34 THE BUSINESS OF INFOCOMM TECHNOLOGY From new computer tune-up services to notebook tracing tools, the computer giant is pulling out all the stops to attract more dollars from Asia's IT high-rollers, reports WINSTON CHAI in Ho Chi Minh City ASIA'S biggest technology858 words
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<what's new>
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Article, Illustration65 2007-10-22 34 WHILE only 9.5 mm thick, the new Nokia 6500 Classic is a feature-packed mobile phone, having a 2-megapixel camera, 2-inch screen, IGB internal memory and a Unified MicroUSß port to connect the phone to a PC, laptop, power charger and other accessories. Retail price for65 words
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Article, Illustration105 2007-10-22 34 THE new Palm Treo 500 v smartphone is now available on the Ml network. The 3G-capable phone features the Windows Mobile 6 Standard edition operating system and comes with a unique Vodafone user interface. The phone's features include a full keyboard, 2-megapixel camera, audio and video-streaming105 words
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Article, Illustration126 2007-10-22 34 THOSE who need to keep an eye on their homes while away can now do so via their 3G phones. A new home surveillance service from Sing Tel, called Mobile LIVECam, lets subscribers dial up remotely located cameras and watch live surveillance video of the remote126 words
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Article, Illustration86 2007-10-22 34 SONY'S latest digital single-lens reflex (DSLR) camera, the 12.24-megapixelA7oo,is the world's first DSLR camera to incorporate an HDMI terminal, which lets users view high-quality pictures on their large-screen high-definition TV (HDTV). HDMI, or High-Definition Multimedia Interface, is a device interface that transmits very high-quality86 words
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101 2007-10-22 34 LG Electronics has launched a range of portable USB-powered DVD re writers, called the Slim Portable Super Multi DVD rewriter. Available in two models (GSA-ESON and GSA-ESOL), it features an 8x optical drive, Windows Vista compatibility and LG's SecurDisc content protection technology, which101 words
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395 2007-10-22 34 AP [LONDON] A British intelligence agency is seeking spies in cyberspace. GCHQ, the surveillance arm of British intelligence, said on Thursday that it hopes to attract compu-ter-savvy young recruits by embedding job ads within video games such as Tom Clancy s Splinter Cell:AP - 395 words
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Article, Illustration589 2007-10-22 34 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY China company hopes to cash in increased interest among users SINGAPORE Sesdaq-listed China company Keda Communications (also known as Kedacom) last week globally launched its True Sens series of videoconferencing products in Singapore. Kedacom hopes to cash in on the increased demand589 words
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Page 33 Advertisements
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Advertisement219 2007-10-22 33 Our client a China MNC specialises in manufacturing of clean energy. Listed on the main board of the Stock Exchange of Singapore with revenues exceeding Ssl36million and targeted for rapid growth and expansion, they are looking for a high calibre business oriented Chief Financial Officer to join their dynamic team.219 words
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Page 34 Advertisements
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Advertisement19 2007-10-22 34 Published and printed by Singapore Press Holdings Limited, 2 Jurong Port Road, Singapore *****8. Co. Regn. No. *****2868 E.19 words
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Advertisement13 2007-10-22 34 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sq, Fax 6746-1925.13 words
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Page 34 Miscellaneous
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Miscellaneous11 2007-10-22 34 STRATEGIC MOVE Low-cost storage signals HDS' small business intent PAGE 3311 words
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