The Business Times, 25 October 2007
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2007-10-25
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The Business Times
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Title Section23 2007-10-25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 202/12/2006 Thursday, October 25,200723 words
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Article, Illustration745 2007-10-25 1 CHEN HUIFEN - CHEN HUIFEN Republic positioning itself to tap into baby-boomer market, projected at a whopping USs6l6b by 2015 By [SINGAPORE] Singapore is aiming for a slice of the regional silver industry market, which could hit US$6l6 billion in 2015. According to Philip Yeo, chairman745 words
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MARKETS DIGEST
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Article29 2007-10-25 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.516 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.88 INDIA 12.75 Source:Bloomberg - 29 words
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Article42 2007-10-25 1 Inesday 1,359.83 tange +2.50 I COMP IIKKEI 225 16,358.39 -92.19 IANG SENG 29,333.53 -43.33 ;et INDEX 866.03 +5.94 JAKARTA COMP 2,524.98 -28.82 1ANILAC0MP 3,763.47 +66.30 ;eoulcomp 1,933.36 -14.62 ;henzhen B 763.14 -6.53 IUMBAI IND 18,512.91 +20.07 12NOONEDT Change 13,511.70 -164.53 )OW42 words
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Article39 2007-10-25 1 IS$ (S$ ier US$) 1.463 (US$/S$ )er 2.047 2.994 ;URO(US$/S$/E) 1.422 2.080 'EN 114.40 78.20 3.375 2.307 IK$ 7.751 5.298 !AHT 31.77 21.72 IUPIAH 9,183 6,277 IENMINBI 7.494 5.123 INDIAN RUPEE 39.57 27.05 1.115 0.762 IZ$ 1.332 0.91039 words
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711 2007-10-25 1 MICHELLE QUAH - MICHELLE QUAH Company to appoint independent party as some ask if EY should step aside [SINGAPORE] SembCorp Marine's decision to appoint its own external auditors to investigate unauthorised currency bets made by its former group finance director is raising711 words
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Advertisement145 2007-10-25 1 Wit" X.' THE REAL CONTINENTAL DIVIDE. Distinction, style, craftsmanship, and pure sophistication. Unwavering qualities that clearly separate the Bentley Continental range from all other luxury marques. Whether it's the sporty GT coupe, the stylish Flying Spur saloon, or the elegant GTC convertible, the combination of modern glamour and exhilarating motoring145 words
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Page 1 Miscellaneous
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Miscellaneous105 2007-10-25 1 SUN FESTIVAL J^ SINGAPORE BizlT CORPORATE fcj^t Experience la dolce Jfi? INTERNATIONAL Local IT security market RESULTS Wv *v vita with this chef W India's huge population a big togrowtoUS$147min'07 OSIM posts $6.6m N^ page 23 I draw for CordLife page 22 page 34 Q3 loss page 6 LEADING THE105 words
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FOP STORIES
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THREE-MINUTE DIGEST
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65 2007-10-25 2 MERRILL Lynch Co, the world's biggest brokerage, yesterday said that the summer's credit crisis triggered a bigger-than-expected US$7.9 billion writedown during the third quarter. US stocks swung lower in opening trade yesterday as the massive writedown from Merrill Lynch fuelled worries that the65 words
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55 2007-10-25 2 SINGAPORE Petroleum Company's third-quarter net profit more than quadrupled to $99.85 million from the corresponding period a year ago, despite July-September sales revenue remaining at a comparable $2.24 billion. This translates to Q3 earnings per share of 19.5 cents, up from 4.4755 words
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61 2007-10-25 2 BIO-TREAT Technology yesterday defended its earlier assertion that former chairman Wing Hak Man was not contactable, saying a meeting with him in January was a chance meeting. The company was responding to a BT article yesterday that said several of its officers had met61 words
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81 2007-10-25 2 OSIM International is still not out of the woods yet, reporting yesterday a third-quarter net loss of $6.6 million or 1.22 cents per share. But on a brighter note, the Q3 deficit for the healthy-lifestyle products group is a third lower than the81 words
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45 2007-10-25 2 THE Czech Republic is dangling bigger tax breaks and other carrots to draw foreign direct investments and Singapore companies may find it attractive to put their money in the country's factories and business parks. SINGAPORE NEWS, PAGE 2145 words
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66 2007-10-25 2 JAPAN'S trade surplus surged by a much sharper than expected 63 per cent to a record 1.64 trillion yen (S$21 billion) in September, and although this came despite an export decline to the United States, it is certain to add to a66 words
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62 2007-10-25 2 BERJAYA group chairman Vincent Tan is likely to preside over a happier bunch of shareholders at the companies' annual general meetings in the next few days. Investor focus on Berjaya stocks specifically Berjaya Corporation and Berjaya Land has increased substantially after a corporate62 words
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449 2007-10-25 2 S JAYASANKARAN - S JAYASANKARAN It could operate two flights daily during off-peak hours, in concession to MAS By in Kuala Lumpur AIRASIA'S Tony Fernandes may have pulled off a coup and quietly obtained the Malaysian government's approval to start two flights daily between Kuala449 words
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423 2007-10-25 2 KALPANA RASHIWALA - KALPANA RASHIWALA British bank among several eyeing new financial hotspot [SINGAPORE] British bank Barclays is expected to sign a lease soon for about 100,000 square feet of space or four floors at Marina Bay Financial Centre's 50-storey Tower 2, industry observers say. This423 words
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Article, Illustration739 2007-10-25 2 GENEVIEVE CUA - GENEVIEVE CUA [SINGAPORE] The core of any retirement plan is a life annuity which pays you a stream of income as long as you live, says Robert C Merton, winner of the 1997 Nobel Prize in economic sciences. "My understanding is thatBLOOMBERG - 739 words
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Article, Illustration371 2007-10-25 3 OH BOON PING - OH BOON PING More winners this year to allow judging panel greater room, says Ernst Young [SINGAPORE] The six winners of the Ernst Young Entrepreneur of the Year Awards (EOY) were announced yesterday. The awards aim to honour entrepreneurs whose ingenuity371 words
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654 2007-10-25 3 AP, AFP, Bloomberg US stocks fall on worries of more sub-prime pain for finance sector [NEW YORK] Merrill Lynch Co, the world's biggest brokerage, yesterday said that the summer's credit crisis has triggered a big-ger-than-expected US$7.9 billion writedown for the third quarter. US stocksAP, AFP, Bloomberg - 654 words
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Advertisement224 2007-10-25 2 people t Corporate V\fOrK matchmakers. www.thepeopleatwork.com Asia-Pacific Executive Search How do environmental regulations affect my business? Rnd out why environmental protection laws can affect your business and how you can overcome these technical barriers and stay competitive in overseas markets at our conference on Date Tuesday and Wednesday, 6-7 November224 words
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Advertisement49 2007-10-25 2 The Pain Relief Practice Fast Relief for Persistent Neck, Back, Knee, and Other Joint Pains, Stiffness and Injuries Using Cold Laser and EM Signal Therapy Safe, Effective and Non-invasive Promotes Bone, Cartilage, and Soft Tissue Repair Ngee Ann City, Tower B, #08-07 By appointment only: Call: 6405 7280 painrelief.com.sg49 words
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Advertisement166 2007-10-25 3 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 Internet166 words
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COMPANY NEWS
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Article, Illustration520 2007-10-25 4 RONNIE LIM - RONNIE LIM Average refining margin falls to US$5 a barrel from US$9 in Q2, US$7 in Q1 By SINGAPORE Petroleum Company's third-quarter net profit more than quadrupled to $99.85 million from the corresponding period a year ago, despite Ju-ly-September sales revenue remaining520 words
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700 2007-10-25 4 YEN SREENIVASAN - YEN SREENIVASAN IS offshore and marine heavyweight Labroy Marine a potential takeover target? Many industry insiders seem to think so. The stock has risen 6 per cent this week, and despite the volatility in the broader market, has largely managed to hold on to its700 words
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Article, Illustration670 2007-10-25 5 LYNETTE KHOO - LYNETTE KHOO Shanghai encounter not arranged in advance by RTF group, it says By 810-TREAT Technology yesterday defended its earlier assertion that former chairman Wing Hak Man was not contactable, saying a meeting with him in January was a chance meeting. The company wasFILE PHOTO - 670 words
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Article, Illustration587 2007-10-25 6 CHOW PENN NEE - CHOW PENN NEE But firm upbeat as Q3 deficit is a third lower than previous corresponding period By OSIM International is still not out of the woods yet, reporting yesterday a third-quarter net loss of $6.6 million or 1.22 cents per share. But on587 words
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Article138 2007-10-25 6 33 and 9-month results ended Sept 2007 NET PROFIT (S$m) TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) :OMPANY CURRENT I PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT I PREVIOUS I CHNG CURRENT I PREVIOUS |%CHNG 5PC 99.85 23.20 330.4 2,238.57 2,241.51 -0.1 391.19 226.77 72.5 6,138.09 6,766.96 -9.3138 words
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441 2007-10-25 6 LYNETTE KHOO - LYNETTE KHOO Reports by MACARTHURCOOK Industrial Reit (MI-Reit) said yesterday that its distributable income for the second quarter ended Sept 30 came in at $4.85 million, with distribution per unit (DPU) at 1.86 cents, both in line with its forecast. This worked out to441 words
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244 2007-10-25 6 ASCOTT Residence Trust (ART), the first pan-Asian serviced residence real estate investment trust (Reit), achieved an 84 per cent year-on-year growth in unitholders' distribution to $12 million for the third quarter ended Sept 30. The results, which also exceeded its own estimate by244 words
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Article110 2007-10-25 6 Dates of release of Q3 and 9-mth results ended Sept 2007 Keppel Corp 25 Oct SembCorp Marine Mapletree Log 25 Oct China Lifestyle DBS Grp 26 Oct Del Monte Pac~ CapitaLand 26 Oct China Aviation Oil 01 Nov 05 Nov 05 Nov 05 Nov Ascott Grp 26110 words
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Article, Illustration489 2007-10-25 8 Reuters Copper recycler also looking to China acquisitions for growth, says CEO SINGAPORE'S copper recycler Advance SCT may buy an Indonesian smelting factory in 2008 and is also looking to China for growth through acquisitions, the firm's chief said yesterday. The company, which recycles– Reuters; FILE PHOTO - 489 words
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179 2007-10-25 8 Reuters Issue likely to be priced at top of $0.96-$1.15 range REAL estate firm ARA Asset Management was to price its US$l9O million Singapore initial public offering (IPO) late last night and the order book is fully covered, sources close to the deal said.– Reuters - 179 words
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COMPANY BRIEFS
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58 2007-10-25 8 HUP Soon Global Corporation has agreed to buy 30 per cent in Nichiyu Asia Pte Ltd (NAS) for $2.11 million. NAS is the Asian distribution arm of Nippon Yusoki Co (NICHIYU), which is listed in Tokyo and Osaka stock exchanges and manufactures58 words
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86 2007-10-25 8 FU Yu Corporation said it is issuing 117 million new ordinary shares at $0.18 apiece in a private placement, which represents a discount of about 7.64 per cent to the weighted average price of $0.1949 for trades done on Oct 22. The placement86 words
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67 2007-10-25 8 BAN Joo Co said yesterday that it has finalised a debt restructuring agreement with 11 financial institutions for the credit facilities extended by these lenders to Ban Joo and its subsidiaries. As of June 30, 2006, Ban Joo owed the lenders some $64.3 million67 words
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104 2007-10-25 8 Technics Oil Gas sees weaker FY revenue TECHNICS Oil Gas yesterday said it now expects weaker revenue for the fiscal year ended Sept 30 and that its earlier bullish forecast of a 10-15 per cent revenue growth cannot be achieved, due to further delays in its project work schedules planned104 words
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111 2007-10-25 8 GATE Electronics said yesterday that a mandatory unconditional cash offer was triggered after a director and controlling shareholder of the company agreed to sell a total of 43.4 million shares or 62.6 per cent of its issued share capital at 30 cents each to111 words
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127 2007-10-25 8 Reuters COSCO Corp said yesterday that its 51 per cent-owned unlisted unit, Cosco Shipyard Group, in China has won orders worth a total of US$l.34 billion to build 29 bulk carriers. The vessels, ordered by unnamed foreign shipowners, will be built at Cosco Dalian Shipyard– Reuters - 127 words
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Advertisement1617 2007-10-25 4 Advertising Feature Ik I Mk Mk II SM MM Mk I M on the island's residents. Reflecting their growing yj k l\l M\ l\l h If If I l\l \M W% affluence and changing lifestyle, Penang folks are j^^ if if if now extremely keen on upgrading to better planned1,617 words
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Advertisement491 2007-10-25 5 Q) T3 O +j Jmgf 0 X** 1 create Build a digital model JF using Autodesk® Inventor™ software to define form, fit and function. integrate Add electrical fJSKQ?-* controls data to create a 4^-^ J? validate Simulate real-world performance *u9 f jj\\ WWW.autodesk.COm.Sg/digitalprotOtyping Image courtesy of Mastenbroek LTD Autodesk Asia491 words
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Advertisement296 2007-10-25 6 USA every day. 2- JU At great prices* f X 'tui '-jpß Htt B&^V W a i ■SB <r' M^j A^g^^^^^, yk.v.' 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,296 words
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Advertisement9 2007-10-25 7 mßm bbm usachie wBBSmSmm ft mttSBSBBm I BAAS k^i9 words
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Advertisement157 2007-10-25 8 LIVE THE EPITDME DF REFINEMENT. THE SKY CDLLECTIDN. Presenting the exclusive collection of ultra-luxurious homes Sky Suites from 5,350 sq ft Sky Villas from 6,674 sq ft One Shenton stands on a much coveted location at the heart of Singapore's new Central Business District. Standing alongside business empires, it towers157 words
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Advertisement21 2007-10-25 8 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.21 words
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Advertisement63 2007-10-25 9 Performance y^TSbi. Motors Limited Sheer pml.com.sg Driving Pleasure The perfect drive. s■ 1 m^^n i m Mr^L* kV /ill Singapore Open I Performance Motors Limited. Performance Centre, 315 Alexandra Road. Tel: 6319 0100. Sime Darby Centre, 896 Duneam Road. Tel: 6319 0500. East Coast Centre, 280 Kampong Arang Road. Tel:63 words
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SINGAPORE MARKETS
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Article, Illustration569 2007-10-25 10 R SIVANITHY - R SIVANITHY STOCKS STI sheds 46 points after fall in US futures checks early recovery in the index IT'S really about expectations, or to be more specific, expectations about how Wall Street might perform later in the day. It's also a lot to569 words
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Article104 2007-10-25 10 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 12 4 0 0 0 2 12 4 Manufacturing 56 106 53 16 14 65 122 67 Commerce 17 39 24 22 48 30 Tpt/Stor/Com ms 12 21 13 22 Finance 10104 words
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Article118 2007-10-25 10 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 29,531 29,531 165,984 165,984 Manufacturing 479,997 125,339 605,336 617,605 34,722 652,327 Commerce 134,395 19,235 153,630 82,682 3,854 86,536 Tpt/Stor/Comms 191,893 6,691 198,584 792,473 3,444 795,917 Finance 55,112 321 55,433 543,157 49 543,207 Construction 84,172 21,964 106,136 35,798 5,538 41,336118 words
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Article228 2007-10-25 10 Stock name Wt Close Chani Allgreen 0.50 1.740 -0.020 Ascendasreit 0.88 2.560 +0.060 CapitaComm 0.50 2.600 +0.030 Capita Land 4.77 7.750 CapitaMall 0.90 3.600 -0.060 Chart SemiCond 0.53 1.050 -0.020 CityDev 2.83 15.600 +0.100 ComfortDelGro 1.24 1.860 -0.070 Cosco Corp 2.17 6.950 -0.350 Creative Tech 0.14228 words
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Article, Illustration799 2007-10-25 10 GuocoLand Oct 24 close: 555.40 JP Morgan Research, Oct 22 WE RAISE our end-December 2008 price target for GuocoLand to $6.50 per share, based on our one-year forward sum-of-the-parts valuation, which imputes a 20 per cent discount to the Singapore portfolio and 20 per cent premium on the799 words
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Article, Illustration547 2007-10-25 10 LARRY WEE - LARRY WEE CURRENCIES THE Chinese yuan again posted fresh post-depeg highs yesterday, as currency traders raised their bets that the currency will resume its gains now that the week-long Chinese Communist Party Congress is safely out of the way. The US dollar was547 words
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Article44 2007-10-25 10 CLOSE -1136.00 +20.00 BT OB/OS BT CADI -*****.00-151.00 BT 10-day MA -*****.00-114.00 All-SG Equities 1010.00 -11.06 SG Equities Elect 111.27 -2.38 SG Equities Fin 2508.61 -41.44 SG Equities Prop 1521.17 -5.90 SIMSCI 446.98 -5.99 SIMSCI Futures 447.30 -7.10 PrimePartnersCI 288.73 -6.3944 words
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Article52 2007-10-25 10 VOLUME :i-Nets 80,964,000 ■osco Cor| 57,876,00! Petrol 57,658,00! :entillion 40,637,000 iculus 40,048,000 loinn R 37,600,000 linostar 37,305,000 :hinaOMFId 35,455,000 ;txpokwioo 35,147,000 iembMar 34,911,000 VALUE(S) ■osco Cor| 407,701,800 iembMar 164,957,520 IOB 161,035,900 iBS Gri 147,279,201 ;gx 141,267,000 ;txpokwioo 138,414,640 Land 102,918,117 >im iTel 97,058,781 &N 94,781,595 il Con52 words
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Article104 2007-10-25 10 BY CENTS CLOSE UP GLD 10US$ 7500 58.5 0.5 JMH 2830 43.9 1.1 STXPOSGAeCW*****9 210 43.0 25.7 STXPOSGAeCW/*****7 178 23.0 14.8 Korea 10US$ 575 21.9 2.7 DBS Bk6% NCPS 10 ***** 20.0 0.2 StraitsAsia 244 16.0 7.0 ISMSCI India 100 875 14.6 1.2 I seta n 440 14.0 3.3104 words
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Article111 2007-10-25 10 CLOSE DOWN UOB 2090 -50.0 -2.3 SembMar MEReCW/*****8 83 -46.0 -35.7 CoscoCori iMBLeCW/***** 139 -41.0 -22.8 DBS Gri 2070 -40.0 -1.9 Kei ilT&T 520 -40.0 -7.1 Venture Con 1400 -40.0 -2.8 Cosco Con 695 -35.0 -4.8 Asia Pac Brew 1320 -30.0 -2.2 SGX 1450 -30.0 -2.0 JSH 1580 -29.3111 words
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Article88 2007-10-25 10 iere« S$ stands Oct 24 CHNG CLOSE FR Oct 23 YR 2007 S$ LOW S$ HIGH USS 1.4627 0.16 1.5479 1.4569® Euro 2.0789 0.17 2.1254 1.9913 Pounds 2.9958 -0.12 3.1194 2.9323 AS 1.3128 -0.37 1.3411 1.1741 Yen* 1.2780 0.20 1.3821 1.2285 Rupiah* 0.***** 0.56 0.***** 0.***** Baht* 4.2857 0.1188 words
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Advertisement15 2007-10-25 11 1 m Sponsors Supported by M=diaCorp cJmL W A Jffl FT *>*x SIL. £j1 M#15 words
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PREMIUM PEOPLE
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Article, Illustration1165 2007-10-25 12 Women show their mettle in what seems to be a male domain, writes CHOW PENN NEE ANALYSING, weighing up risks, underwriting and pricing them accordingly may sound like a male domain. But women are equally at home and thriving in the general insurance industry,YEN MENG JIIN; ARTHUR LEE - 1,165 words
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Article185 2007-10-25 12 WHAT sort of insurance policies should you buy if you are running your own business? Business insurance serves the needs of a business and spans the range of property, casualty, professional indemnity, and loss of services of key employees. Typically, the forms of insurance a185 words
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Advertisement177 2007-10-25 12 /3&\f£fCo flN€ fURNITUR€ I FEFCO 1 m* uO years °f achievements... Singapore's premier rosewood furniture manufacturer cum retailer FEFCO Fine Furniture has an illustrious history that goes back 53 years. Starting out in 1954 as a factory in Japan, her business has since expanded to encompass a successful retail chain177 words
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Advertisement46 2007-10-25 12 liiiifl Reproduction ofSPH material without licence or permit amounts to an infringement ofSPH's copyright under the law. SPH reserves the right to seek full recourse in respect of such an infringement. "SPH material" includes all SPH publications: newspapers and magazines, in print, electronic or other media.46 words
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A380 HISTORIC FLIGHT
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Article, Illustration1186 2007-10-25 13 GIOVANNI BISIGNANI - GIOVANNI BISIGNANI HYPERBOLE characterises the debate on aviation and climate change. Who is one to believe? Politicians, environmental activists, the airlines or scientists? Is aviation a major contributor to global warming? Is it the fastest growing source of greenhouse gas emissions? It is difficult to separateSIA, STOCKXPERT; Photo: AIRBUS - 1,186 words
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Article, Illustration1175 2007-10-25 14 The combination of the A3BO and a sharp operational strategy would change the long-haul industry more than any development since the advent of the 8747, says peter Harbison THE entry into revenue service of the A3BO will prove to be nothing less than: REUTERS | - 1,175 words
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Article, Illustration671 2007-10-25 16 vein sreeimivasaim looks at what the first A380 service to Sydney today will mean for Singapore Airlines AVIATION history will once again be made in Singapore as the world's biggest passenger plane takes off today on its first flight with almost 471 passengers. Singapore Airline's flightAP - 671 words
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Article, Illustration693 2007-10-25 19 Superjumbo's initial woes have helped the plane maker to embark on a bold restructuring plan, writes cheim huifeim AS THE world marvels over the eventual commercial take-off of A3BO, the maker of the giant aircraft can finally heave a sigh of relief. The fact that AirbusAFP - 693 words
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Article, Illustration637 2007-10-25 20 Trent 900, the engine of choice for the A3BO, also marks another stage in the successful relationship between Singapore Airlines and Rolls-Royce WHEN Singapore Airlines' first Airbus A3BO flight takes off for Sydney today, its passengers can feel reassured that the Rolls-Royce Trent 900ROLLS-ROYCE PLC - 637 words
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Advertisement108 2007-10-25 13 Congratulations to Singapore Airlines on the inaugural flight of the first average family car, and noise well below target levels, the Trent 900 delivers Airbus A3BO, powered by the Rolls-Royce Trent 900. The Trent 900 is the world's what is really important to our customers. That's why it is the108 words
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Page 13 Miscellaneous
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Miscellaneous27 2007-10-25 13 CONTENTS: A3BO-Beginning of a new era page 14 New possibilities and challenges page 16 Airbus flight to pragmatism page 19 Whispering Giant powered by Rolls-Royce page 2027 words
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Advertisement42 2007-10-25 14 Making aviation history SITA congratulates Singapore Airlines for being the first in the world to fly the A3BO. SITA also congratulates Civil Aviation Authority of Singapore for making Changi Airport the first airport in the world to handle commercial A3BO operations. SITA.42 words
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Advertisement95 2007-10-25 15 changiairport.com On 25 October 2007, Singapore Airlines will make aviation history by being first to fly the A3BO. At Changi Airport, this is a momentous occasion for us a celebration of our strong partnership with Singapore Airlines. It also marks the climax of the colossal Ss6B million modification programme that95 words
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Advertisement52 2007-10-25 16 CONGRATULATIONS SINGAPORE AIRLINES THE FIRST AIRLINE IN THE WORLD <$ TO FLY *^Z&Ssk THE AIRBUS A3BO Travel Management Alliance 'f^M ©CITYSTATETRAVEL Amerjcan L|oyd^ e| servjces ANG^-JRENC^TRAVEL AW Ar/OyV^lfWr^ Wo ?l3¥Z,el g^S 4}HOLIDAY TOURS JethmalChoice Travel Tours f§ Swlhll£?eS PTE.LTD. FTTTTH TRAVELS TOUR I M, I Et) 1' 4111- *g M52 words
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Advertisement38 2007-10-25 17 Af 1 -*^fflsffl/CES C^aesl ECO C 4 STriTf ReT lv s c ft/s=» uw« A MSA N'°R"HIP _T_ eag™'™ Ko™^ JAS^ JADE coo^^ ©X- Servkes <T^sr JQrar crs> 4 {^haesl Engineering FArMa Our Group of Joint Venture Companies38 words
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Advertisement115 2007-10-25 18 NATIONAL ASSOCIATION OF TRAVEL AGENTS SINGAPORE NATAS I AND ITS MEMBERS H CONGRATULATE H SINGAPORE AIRLINES I H FOR BEING THE FIRST CARRIER IN THE WORLD TO FLY THE NEW AIRBUS 380 .A iff r tt i a 4 IHHHMH fmmmmi&mt c. riVE smrs tours BHiijiiiiiß wSSsr^E^^ff^^Ts WShong thai travel115 words
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Advertisement10 2007-10-25 20 SING A PORE IT'S MORE EXCITING WITH HORSES! TURF CLUB10 words
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SINGAPORE NEWS
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Article, Illustration408 2007-10-25 21 NISHA RAMCHANDANI - NISHA RAMCHANDANI Its investment head points to potential projects in business parks, electronics THE Czech Republic is dangling bigger tax breaks and other carrots to draw foreign direct investments (FDI) and Singapore companies may find it attractive to put their money in the country's factories408 words
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Article, Illustration449 2007-10-25 21 NISHA RAMCHANDANI - NISHA RAMCHANDANI SWENSEN'S Singapore is looking to expand by opening a second Earle Swensen's in January next year this time at Changi Airport's Terminal Three. And there are plans to launch more Swensen's restaurants in China, Malaysia and here in Singapore. "We are looking to find449 words
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Article, Illustration379 2007-10-25 21 ONG Tze Boon, son of the late president Ong Teng Cheong, is celebrating his 39th birthday with a difference. Rather than expecting gifts, the architect and director of Ong&Ong is donating $39,000 to the Child Aid Concert 2007. On top379 words
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308 2007-10-25 21 By VINCENT WEE A NEW Marine and Offshore Technology Innovation Centre at Ngee Ann Polytechnic will help small and medium-size enterprises (SMEs) in the sector develop new products, services and processes and get them to market. The centre, which308 words
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Article207 2007-10-25 21 A TWO-DAY meet of the Global Malayalee Council (GMC) will open in Singapore today. Malayalee professionals, businessmen and parliamentarians from around the world are meeting here to discuss business and other opportunities, and to build a stronger social and business network among themselves. Malayalees are207 words
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343 2007-10-25 21 LYNETTE KHOO - LYNETTE KHOO By REFLECTING the rising tide of wine-drinking here, Singapore has enjoyed five straight years of growth in wine imports from 2002 to 2006. Statistics from International Enterprise (IE) Singapore show wine imports grew a blistering 45 per cent from343 words
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637 2007-10-25 21 LYNETTE KHOO - LYNETTE KHOO But few have formal strategies to tackle the issue: Survey COMPANIES in Singapore are concerned about the long-term impact of climate change on their businesses but a majority of them are either not aware of any formal internal strategy to address637 words
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SINGAPORE ROUNDUP
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67 2007-10-25 21 THE Chemical Industries Employees' Union (CIEU) has won a commitment from 20 companies in the chemical industry to implement fair employment practices. The companies employ a total of about 1,700 employees, 340 of whom are aged 50 or older. CIEU advocates equal opportunity in terms67 words
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63 2007-10-25 21 THE Management Development Institute of Singapore (MDIS) launched a new hospitality training centre yesterday to meet the needs of the travel and tourism industry here and in the region. The MDIS School of Tourism and Hospitality is one of the first to set up a63 words
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Advertisement105 2007-10-25 21 Our qualified professionals W/ikJ-^ can assist you with offshore j| J structures, shelf companies a"57 and incorporations in ALL jurisdictions including: Britisn vir 9'n Islands Cayman Islands 73 Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts105 words
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SINGAPORE INTERNATIONAL
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732 2007-10-25 22 IE Singapore sees golden opportunities for Spores gold-standard healthcare providers in that country, writes CHUANG PECK MING SINGAPORE'S gold standard of health care hospitals here are mostly accredited by the US-based Joint Commission International has drawn patients not only from the rest of Asia but732 words
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Article, Illustration692 2007-10-25 22 CHUANG PECK MING - CHUANG PECK MING STEM cells in the blood of umbilical cords can heal up to 80 illnesses, including leukaemia, thalessemia and anaemia. It may also be used to treat spinal cord injury and common ailments like heart diseases and diabetes, but692 words
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Article, Illustration596 2007-10-25 22 PACIFIC Healthcare Holdings, Singapore's biggest non-hospital-based specialist medical services provider, dreams of becoming a regional healthcare player. "Though Singapore is our home base, we decided early on that a regional presence was necessary to tap the growing affluence of the regional countries596 words
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Page 22 Advertisements
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Advertisement109 2007-10-25 22 04 13 Ksassr* The Business Times SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com I F 1 I109 words
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SUN FESTIVAL
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Article, Illustration509 2007-10-25 23 The five-course meal came together well with a screening of Sideways, says PARVATHI NAYAR A FIVE-COURSE meal with chocolate as the central ingredient was the surprisingly savoury note of a food-plus-film night at the Sun Festival. "In the US, there is a bigYEN MENG JIIN - 509 words
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444 2007-10-25 23 SYLVIA TAN - SYLVIA TAN By AUSTRALIA showed its Asian links at a dinner cooked by Australian-Chi-nese chef Darren Ho served with Australian wines. The chef, the food and even the venue host had an Australian connection at this Sun Festival event on Tuesday night at444 words
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Page 23 Advertisements
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Advertisement78 2007-10-25 23 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 staff78 words
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Advertisement85 2007-10-25 23 V NOKIA Nokia NBOO from $5.55* Register NOW! Tatarah.com.sg and stand a chance to win the Grand Prize of a Suzuki Swift 1.5 L VVT Join us our Road Show 25 26 October 2007 Thursday Friday, 12pm 2pm at Chevron House, Raffles Place Dream it. Own it. Singapore's FIRST Premium85 words
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Page 23 Miscellaneous
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Miscellaneous194 2007-10-25 23 TOP PICKS s™*Sf at the Sun Festival today /^x hj^tS^* A selection of popular classical pieces will be performed tonight by I the Russian National Chamber Orchestra with Grammy-winning \TwS/r^ violinist Pinchas Zukerman and Juno Award-winning cellist flblHl^' Amanda Forsyth. Fov clßtciils of Esplanade Concert Hall, 7.30pm, $58-$lBB from Sistic194 words
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Page 24 Advertisements
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Advertisement304 2007-10-25 24 Ji'5. EImLEIH L, i. ijti Mi iTrfi 'I i'^stB A landmark development above Clarke Quay MRT, next to Singapore River Office space from 600 sq ft to 13,300 sq ft ssttsttso A court oi for^ For any business that is in the market for office space, investing in Offices at304 words
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ECONOMY WATCH
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Article, Illustration642 2007-10-25 25 ANTHONY ROWLEY - ANTHONY ROWLEY US business lobbies stepping up push to accelerate yen's appreciation in Tokyo JAPAN'S trade surplus surged by a much sharper than expected 63 per cent to a record 1.64 trillion yen (Ss2l billion) in September, and although this came despite anBLOOMBERG - 642 words
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124 2007-10-25 25 [KUALA LUMPUR] Malaysia's leading forecaster cut its 2008 growth estimate to 5.4 per cent from 5.8 per cent yesterday, citing a shaky outlook for the United States and the global economy. The independent Malaysian Institute of Economic Research (MIER) maintained its forecast of 5.7124 words
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395 2007-10-25 25 Bloomberg [WASHINGTON] China and the US face growing threats of a backlash to their close economic ties, threatening both the Chinese economy and the interests of American companies, US officials warned here on Tuesday. China is pursuing measures including favouritism in government contracting– Bloomberg - 395 words
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480 2007-10-25 25 Bloomberg Its actions contributing to stock market bubble, says well-known US investor [NEW YORK] The Federal Reserve acted "like a bartender" in lowering interest rates and its actions are contributing to a stock market bubble in the US, investor Marc Faber said. "EachBloomberg - 480 words
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Page 25 Advertisements
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Advertisement339 2007-10-25 25 r< *o**z-~\ I I HSBC's Multi Currency I I Savings Account I Simply set up a single online account and have 10 major currencies* at your fingertips! With HSBC's Multi Currency Savings Account, you have the choice of managing a single currency or multiple currencies*, in one single account all339 words
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MALAYSIA/INDONESIA
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619 2007-10-25 26 PAULINE NG - PAULINE NG ÜBS, Goldman Sachs buy BLand stakes; Vietnam is key to group's comeback in Kuala Lumpur BERJAYA group chairman Vincent Tan is likely to preside over a happier bunch of shareholders at the companies' annual general meetings in the next few days.619 words
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Article, Illustration598 2007-10-25 26 Reuters [JAKARTA] Indonesia's stock market is set for an overhaul that could make the illiquid, unsophisticated bourse more attractive to foreign investors and help finance crucial infrastructure projects worth billions of dollars. As part of the revamp, the Jakarta and Surabaya exchanges will merge– Reuters - 598 words
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152 2007-10-25 26 -AFP [KUALA LUMPUR] Malaysia will pay RM292.5 million (*****.2 million) in compensation to a developer over last year's cancellation of a controversial "crooked bridge" to Singapore, a Finance Ministry official said here yesterday. After years of bitter negotiations, Malaysia in April 2006-AFP - 152 words
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Article, Illustration275 2007-10-25 26 -AFP [JAKARTA] An Indonesian promoter is to sue US magician David Copperfield for cancelling a series of shows here after the FBI launched an investigation into his activities, a report said on Tuesday. Copperfield has cancelled shows across South-east Asia over the next few-AFP; AFP - 275 words
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297 2007-10-25 26 -Bernama [KUALA LUMPUR] RHB Bank Bhd is looking at mergers and acquisitions (M&A) besides organic growth to propel itself into one of the top three financial services providers in South-east Asia by 2020, its managing director Michael J-Bernama - 297 words
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Page 26 Advertisements
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Advertisement38 2007-10-25 26 II Mil n~l |5 '■■5S *"n-i-*" H^--UID HaffWßßlli %t\ I-^^J '■-■■I H9IP *m w "^^T^fcJ MARKETING AGENT: HOTLINE1 Sales Gallery ft^^'l J I@l L 2Group 74JlnRedop qooo uu I rfTTmfiTil Opens daily from 10a.m to Bp.m 0000 101038 words
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INDIA
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Article, Illustration301 2007-10-25 27 Reuters They could register as Flls if they reveal nature of funds and investment: chairman [MUMBAI] India's stockmarket regulator may allow investors not regulated in their home countries to register as foreign institutional investors (FIIs) if they disclose the nature of their funds and– Reuters; BLOOMBERG ~w~ irv j~N t~\ - 301 words
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344 2007-10-25 27 Reuters No firm will be offered more than 5%: UTI chairman [MUMBAI] Companies from the US, Europe and Australia are among 15 firms in the race to acquire a a stake in India's No 3 asset management firm, UTI, ahead of– Reuters - 344 words
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Article7755 2007-10-25 27 UNIT TURSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.074/ Star Europe Bond 1.199/ Star Europe Bal 1.252/ Star Asian Tiger Eqty 1.822/ Star Asia Bond 1.271/ Star Asia Balanced 1.105/ Star Global Technology Fund!** 0.246/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.868/ Gib Multi St USD7,755 words
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Page 27 Advertisements
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Advertisement68 2007-10-25 27 Ijljllliyl^ K^i KEEP AN OPEN MIND IaHNHBk Never adopt permanently any type of asset or any selection method. Try to stay flexible, open minded and sceptical. (A "5- ft Long-term top results are achieved only by changing from popular to unpopular the types of securities .:f^-. ?WKb rjijri FRANKLIN TEMPLETON68 words
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Page 28 Advertisements
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Advertisement341 2007-10-25 28 Organized By: CIMnAPORF Main Sponsor: (M^\ INDIAN CHAMBER V^SI I ■l-«^^ s /OF COMMERCE I Jl^l^J E J^f l924 INDUSTRY *^r M^M\^M The Singapore Indian Chamber of Commerce Industry (SICCI) DBS Banl congratulate the recipients of our Awards for 2007 'f Ww fIH b* I Mr > pi .*>* i341 words
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GREATER CHINA
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558 2007-10-25 29 JANE MOIR - JANE MOIR 38 firms in limbo for more than a year; longest suspension dates back to 2003 in Hong Kong FOUR out of five companies suspended from trading for more than three months on Hong Kong's bourse have been hanging in558 words
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205 2007-10-25 29 -AFP [SHANGHAI] Once high-fly-ing Shanghai property tycoon Zhou Zhengyi was put on trial this week charged with embezzlement, bribery and forging tax invoices, state media reported yesterday. The long-awaited trial began behind closed doors on Tuesday at the Shanghai court and is-AFP - 205 words
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Article, Illustration72 2007-10-25 29 China's first moon arbiter Change 1 lifts off from the launch pad at the Xichang Satellite Launch Centre in south-west China's Sichuan province yesterday. Change 1 is slated to be a one-year expedition to explore and map the moon, kicking off a programme that aims toAP - 72 words
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175 2007-10-25 29 -AFP [SHANGHAI] China warned investors and rule breakers that it will do what it takes to bring its booming capital markets in line with standard practices, state press reported yesterday. "We should carry on education on investors and the focus of our recent work-AFP - 175 words
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257 2007-10-25 29 Bloomberg [DALIAN] Billionaire Warren Buffett said that investors should be "cautious" about China's stocks after its benchmark index more than doubled this year. "We never buy stocks when we see prices soaring," Mr Buffett said yesterday in Dalian, north-east-ern China, where he– Bloomberg - 257 words
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221 2007-10-25 29 Reuters [BEIJING] China's banking regulator has told domestic lenders to stop guaranteeing corporate bond issues, the China Securities Journal said yesterday. The move is aimed at minimising banks' credit risk. It is also a step towards nurturing a credit culture in China by requiringReuters - 221 words
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Page 29 Advertisements
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Advertisement106 2007-10-25 29 If you are in any of these situations: !^fc u 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 keep106 words
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Advertisement178 2007-10-25 29 Gbs,,A TETRO (1) SINGAPORE INSTITUTE QF INTERNATIONAL AFFAIRS _^^T Japan External Trad? Organization Present SYMPOSIUM ON CHALLENGES OPPORTUNITIES TOWARDS REGIONAL INTEGRATION IN EAST ASIA Windsor Ballroom, Goodwood Park Hotel Tuesday, November 6th, 2007 1.30pm 6.30pm Admission: Ss7o, By registration This symposium is presented in conjunction with the 3rd East Asia178 words
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WORLD
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386 2007-10-25 30 Bloomberg LATEST US DATA Turmoil in mortgage markets adds more problems to housing industry slump [WASHINGTON] Sales of existing homes in the US plunged by a record amount of 8 per cent in September to a record low 5.04 million unit paceBloomberg - 386 words
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230 2007-10-25 30 Bloomberg [ZURICH] ÜBS AG, the world's biggest bank for the wealthy, agreed to buy Commerzbank AG's French asset management operation for about 435 million euros (Ss9os million) to double funds it oversees in Europe's third-largest economy. The purchase of Caisse Centrale deBloomberg - 230 words
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Article, Illustration52 2007-10-25 30 AP Firefighters watching a backfire on a hillside in Jamul, California. Deadly, wind-whipped wildfires have triggered the largest evacuation in state history, prompting some 500,000 people to flee ahead of flames that have destroyed more than 1,600 homes and continued yesterday to threaten tens ofAP - 52 words
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184 2007-10-25 30 [NEW YORK] A former head of a JPMorgan Chase Co trading desk in Singapore sued the bank on Tuesday, alleging that he was fired after being persuaded not to take up a job offer at Bank of America Corp. Erik Herzfeld, who184 words
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241 2007-10-25 30 Bloomberg [NEW YORK] VMware Inc's shares have tripled since the software maker's initial public offering two months ago. Google Inc's stock rose 75 per cent at the same point. VMware, whose programs save money by letting companies run more software on one computer, sellsBloomberg - 241 words
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Article2392 2007-10-25 30 let 24 RM C000) \&M Realty 0.94 s,bricBhd 0.31 \dvance Synergy 0.37 s,dventa Bhd 1.63 \eMulti Hldgs 0.31 Win Holdings 2.76 \hmad Zaki Resou 6.05 \ic Corp 0.56 5,irasia Bhd 1.99 \kn Messaging Te 0.19 \kn Technology 0.80 Alliance Financi 2.90 \luminium Co 1.29 \malgamated Ind 0.54 \minvestment2,392 words
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Page 30 Advertisements
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Advertisement1561 2007-10-25 30 IN THE MATTER OF IN THE MAnER OF THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MAnER OF SHIN CREST PTE LTD KWIK-KOPY PRINTING SINGAPORE [IN MEMBERS' VOLUNTARY PTE LTD LIQUIDATION) COMPANY NO. *****4250D CO. REG. NO. *****0936R (IN MEMBERS'1,561 words
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AVIATION
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Article, Illustration478 2007-10-25 31 YEN SREENIVASAN - YEN SREENIVASAN lata chief warns an infrastructure crisis could put the brakes on air traffic growth By THE International Air Transport Association (lata) has forecast that in 2011 the air transport industry will handle 2.75 billion passengers, or 620 million moreREUTERS - 478 words
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427 2007-10-25 31 -Bloomberg [DALLAS] AMR Corp's American Airlines, its American Eagle regional unit and unions for both carriers reached a tentative agreement that would preserve seniority rights for American pilots and ease hiring at Eagle. The plan modifies an existing accord by guaranteeing that pilots furloughed-Bloomberg - 427 words
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334 2007-10-25 31 Reuters [WASHINGTON] Prospects of airlines voluntarily agreeing to significantly cut their schedules to reduce New York flight delays diminished on Tuesday with carriars angrily rejecting the government's chief proposal. James May, the chief executive of the industry's trade group, the Air– Reuters - 334 words
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Article, Illustration384 2007-10-25 31 Bernama [BANGKOK] Malaysianbased budget airline Air sia's move to penetrate the lucrative Vietnamese domestic market under a joint venture with Vinashin, the country's largest shipbuilder, has hit a snag with reports that the government has refused to grant a licence. The report– Bernama; AFP - 384 words
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Article2401 2007-10-25 31 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:2,401 words
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Page 31 Miscellaneous
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Miscellaneous386 2007-10-25 31 CRYPTIC CROSSWORD ACROSS H I [5 I |6 I [7 I I 4 Wanting 100% acquisition, BJ in spite of everything (5,3) Is 8 Female to go the other side L_ __J BL —Bl Bl Bl of the Channel, one suffer- BJ ng accident (6) F|~ i bh 9 End386 words
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SHIPPING
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315 2007-10-25 32 Reuters Its box volume likely to top 25.5 m TEUs in 2007, next only to Spores 27.6 m [SHANGHAI] Chinese city Shanghai is expected to overtake Hong Kong as the world's second-busiest container port this year, helped by rising throughput at the multibillion-dol-larReuters - 315 words
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Article, Illustration743 2007-10-25 32 Reuters Output seen rising 20% a year, exceed 30m dwt by 2011 [HONG KONG] Ambitious Chinese shipyards plan to tap eager equity markets in coming years to ride a global trade boom, but investors should be wary about risks of a worldwide capacityReuters; BLOOMBERG - 743 words
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469 2007-10-25 32 -AP.AFP [WASHINGTON] Somebody should have looked at a map. The State Department with great fanfare on Tuesday signed an agreement with landlocked Mongolia that will allow Mongolian ships to be boarded and searched if they are suspected of carrying weapons of mass destruction. This despite-AP.AFP - 469 words
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TRANSPORT STOCKS
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Article130 2007-10-25 32 '000 CH Offshore Chilian Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.94 0.37 6.95130 words
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Article37 2007-10-25 32 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.41 9.80 9.85 5.05 2.88 0.28 2.68 -0.03 0.10 0.15 0.25 unch 0.05 -0.02 263 663 920 3610 208 262 3037 words
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Article12 2007-10-25 32 '00 'recious Ship legional Cont 33.75 29.25 1.25 0.50 2832 61512 words
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Article11 2007-10-25 32 '000 JOil iingamas Cont 79.30 ...3.99 -0.50 -0.07 931 345411 words
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Article22 2007-10-25 32 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 40.50 unch unch -0.10 ***** 1.00 1027 unch 0 unch 022 words
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Article26 2007-10-25 32 let 24 nt: Vol Evergreen Marine ....30.50 :irst Steamship 88.30 /Van Hai Lines 29.05 fang Ming Marine...26.25 unch unch 0.50 0.20 27 5 23 1326 words
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Article42 2007-10-25 32 '000 let 24 Yen Vol (awasaki Hvy Ind ..414.00 -3.00 ***** (awasaki Kisen ....1597.00 37.00 6450 Mitsubishi Hvy 666.00 -9.00 ***** vlitsui Eng&Sbldg...671.00 13.00 8376 vlitsuiOsk Lines ...1913.00 9.00 9537 Mippon Express 569.00 -5.00 2488 MipponYusen 1170.00 1.00 6002 iource: Reuters42 words
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Page 32 Advertisements
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Advertisement1640 2007-10-25 32 MAGNUS ENERGY GROUP LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****1375 M NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Magnus Energy Group Ltd. (the "Company") will be held at Meritus Mandarin Singapore, 333 Orchard Road Singapore *****7, Reception Hall,1,640 words
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Advertisement50 2007-10-25 32 Laaaaaa V^ _S" 1 >fi£ IST aY j 15r B "B ..j^^^^J WMiW —J riaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaal riltaHraaa^hLaaaaaaa. rj^^^ij^^sa^p^^^ -i TMI I,I Wr M l l GEATrading (S) Pte Ltd 8 Pandan Crescent, #04-06 UETech Park, Singapore *****4. Tel 6778 6776 Showroom hours Monday Friday 10.00 am 6.00pm; Saturday 10.00 am 3.00pm50 words
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RAFFLES LECTURE
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Article, Illustration460 2007-10-25 33 CLOSE to 900 business leaders, top-level public sector executives and members of the diplomatic corps gathered at the Raffles Ballroom in Singapore on Oct 16 to listen to Kenneth Chenault, chairman and CEO of American Express Company, speak about leadership in challenging times. Mr Chenault, who joinedYEN MENG JIIN - 460 words
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Page 33 Advertisements
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Advertisement8 2007-10-25 33 This feature is brought to you by Cap/taLand8 words
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BizIT
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Article, Illustration823 2007-10-25 34 Study shows that security has become a business strategy, writes AMIT ROY CHOUDHURY THERE is robust demand for IT security solutions in Singapore as companies face an increasingly complex threat landscape, latest information from IT research firm IDC shows. According823 words
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643 2007-10-25 34 WINSTON CHAI - WINSTON CHAI A NEW regional survey puts Singapore firms at the forefront in terms of deploying technologies to allow workers to access e-mail and other work resources on the go. Ironically, a related study shows that professionals here are the least receptive towards643 words
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Article, Illustration672 2007-10-25 34 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY in London THE launch in Singapore yesterday of Philips' next generation ambient lighting TV the Aurea Flat TV was the first in the region, underlining the importance the Dutch electronics giant attaches to the Republic, a top Philips official said here.672 words
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344 2007-10-25 34 Bloomberg [SAN FRANCISCO] Apple Inc said that almost one out of every six iPhones sold may have been unlocked to run on unauthorised wireless networks, surprising analysts who had estimated the problem wasn't as widespread. Chief operating officer Timothy Cook said on Monday– Bloomberg - 344 words
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227 2007-10-25 34 -AP [BOSTON] IBM Corp says it has dreamed up a new method for profiting from its vast storehouse of patents. And by the way, the company wants to patent the idea. Beyond the circularity of the concept, IBM's application is notable because the-AP - 227 words
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Article, Illustration525 2007-10-25 35 ONG BOON KIAT - ONG BOON KIAT Its new IP backbone makes Singapore the main Asian exchange THE lure of its own estimate of a 10-fold data boom in Asia over the next five years has proved irresistible for Telecom Italia Sparkle. The wholly-owned subsidiary of Italian telecom giant525 words
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320 2007-10-25 35 Reuters [TAIPEI] Yahoo Inc expects to announce a series of partnerships with mobile carriers in Asia in coming weeks, as it looks to its mobile services division for growth. The US Internet giant has been in talks with operators in Taiwan, South Korea,– Reuters - 320 words
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Page 34 Miscellaneous
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Miscellaneous10 2007-10-25 34 BRIGHT SPARK Telecom Italia unit has big plans here. PG3S10 words
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Page 35 Advertisements
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Advertisement275 2007-10-25 35 1 Iliil 1 1 HI k -JM 11 ii ™smm- k m ■■Si ii iii iiiiiiiiiii. k Maintain wH^ 1 Vital Lines of V^^° Communication Access multiple backup channels in a single phone In emergency situations, a communications system that you can depend on is crucial to effective crisis response.275 words
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EDITORIAL & OPINION
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Article512 2007-10-25 36 WHILE laments about rising business costs are pretty much a perennial complaint from the business sector, over the last 10 years and more, consumer price inflation has virtually been a non-issue in Singapore; since 1995, the annual rate has barely breached 2 per cent. But512 words
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Article, Illustration1088 2007-10-25 36 ANTHONY ROWLEY - ANTHONY ROWLEY Singapore's Temasek and GIC are spared flak as Chinese and Middle Eastern governments face calls for greater transparency of their investments overseas SOVEREIGN wealth funds were at centre stage at this year's annual meetings of the International Monetary Fund (IMF) andAFP - 1,088 words
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Article, Illustration765 2007-10-25 36 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Grouf. THE BOTTOM LINE IT'S America's versatile villain. Globalisation has served as a whipping boy for politicians of both parties and legions of pundits. We blame it for all manner of grievances: lost jobs, greater inequality, shoddyThe Washington Post Writers Grouf.; AFP - 765 words
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Article, Illustration820 2007-10-25 37 It's the poor who will bear the brunt of substandard products, writes NONOY OPLAS DOWNLOADING pirated songs from the Internet is cool. Dying from counterfeit medicine is not. But the pirates and the slack law enforcement that give you one also give you820 words
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331 2007-10-25 37 Han Soon Juan; Soden, Germany - Han Soon Juan Soden, Germany LETTERS TO THE EDITOR I REFER to the report on multiple sclerosis (MS) "Hard-hitting illness shakes up young lives" by Melissa Heng (BT, Oct 20). Medical practitioners seem to be baffled by multiple sclerosis, which affects331 words
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Article174 2007-10-25 37 WHEN Star Hub submitted its winning bid to telecast live English soccer (EPL), all subscribers to its Sports Group of cable channels had their monthly subscription raised substantially to help recover the very high cost of the winning bid. Star Hub customers who are not174 words
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Page 37 Advertisements
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Advertisement274 2007-10-25 37 RBSI M @>s& Diners Club Card r oapp ac «//64i6 0980 KS h3 Mm W&r/J of Exclusive Privileges Treats fiT^fc £>//7<?rs C/wZ? """«^Mr| i!raiS|w/!!W8W7l kV^P SAVOURING I J^ THE BEST OF ASIA Magma German Wine Hyacinth Cafe Bar A Sav t our a de' e<; ta. b' e ,array °f274 words
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Advertisement23 2007-10-25 37 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email X notices@sph.com.sg. B23 words
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SINGAPORE STOCKS
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Article8580 2007-10-25 38 Transaction date: Oct 24 52-wks Tel )h Low Code Last Sale Vol ('000) Hil Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hi! Com[ i an; 3.S 2 S716 1st Software 22 7 3148 STelecom 34 17.S S834 A-Sonic 104 988,580 words
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Article72 2007-10-25 38 Hii Low Code Comi ran' Sale COOP] Hii Low Bui rer Seller Cvr P/E $mi 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P500 ***** ***** 6170 SPDRS 3983 2720 6235 STI ETF 100 3977.972 words
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Article2068 2007-10-25 38 Hii Low Code Com Sale Cooo) Hii Low Bui Seller C'vr P/E $m 30 11.5 1181 AAGrp 41.5 19 5000 ABR Hldgs 31 23.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 13 1524 Alantac 22.5 8 7814 Albedo 46.5 27.5 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp 44.52,068 words
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Article247 2007-10-25 38 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum247 words
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FINANCE & COMMODITIES
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362 2007-10-25 39 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct23 World Index Preliminary 1164.0 0.5 5.8 0.6 4.7 0.8 9.7 EAFE Preliminan 1155.7 0.9 4.3 1.2 5.9 1.4 11.1 Euro[ Preliminary 1578.0 0.9 5.7 1.4 7.4 1.7 12.! Pacific 1008.6 0.8362 words
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Article130 2007-10-25 39 As at 9am Oct24 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.3050 1.3210 .an dollar 1.5040 1.5220 luro 2.0720 2.0960 IZ dollar 1.0970 1.1200 Sterlin iund 2.9810 3.0151 )S dollar 1.4540 1.4710 .ocal dollars to 100 units if foreign currency:130 words
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Article161 2007-10-25 39 Oct24 Rirl Overnight 1 1/8 1 -month 2 3/8 2-months 2 7/16 3-months 2 1/2 Overnight mode: 1 3/4 US$ Offer 1 2 1/4 2 5/16 2 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.83 4.84 4.90 5.04161 words
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Article21 2007-10-25 39 Oct24 STI ;imsci oct 455 458.9 447.3 "aiwan Oct 372.7 376.7 368.4 Source: MF Global (S) Pte. Ltd21 words
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Article20 2007-10-25 39 Oct24 Bid Offer 1-month 1.4592 1.46 2-months 1.4561 1.4569 3-months 1.4528 1.4536 6-months 1.4451 1.446 Source: OCBC20 words
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Article153 2007-10-25 39 Oct24 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3117 1.3130 0.8969 0.8974 Canadian dollar 1.5108 1.5122 1.0331 1.0336 Euro 2.0795 2.0805 1.4219 1.4220 NZ dollar 1.0980 1.0989 0.7508 0.7511 Sterlim md 2.9932 2.9950 2.0466 2.047I US dollar 1.4625 1.4631 S$IUS$153 words
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Article336 2007-10-25 39 Oct24 EURODOLLAR FUTURES DecO7 MarO8 JunO8 SepO8 95.320 95.625 95.785 95.880 0 0 0 0 ***** ***** 7767 9572 EUROYEN FUTURES DecO7 99.175 99.180 MarO8 99.155 99.165 JunO8 99.120 99.135 SepO8 99.060 99.080 DecO8 99.000 99.020 MarO9 98.960 98.965 JunO9 98.900 98.900 SepO9 99.175 99.155 99.120 99.060336 words
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Article289 2007-10-25 39 Oct 24 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest Nov 07 Dec 07 Jan 08 FebO8 Mar 08 Apr/Jun 08 354.00 356.25 356.75 359.25 360.75 364.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open289 words
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Article103 2007-10-25 39 Oct23 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov07 981.75 976.50 987.00 977.00 Jan 08 999.25 993.75 1005.50 994.00 Mar 08 1012.50 1007.75 1018.00 1008.00 May 08 1017.00 1011.00 1021.00 1012.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 40.42 40.22 40.48 40.03 Jan103 words
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Article75 2007-10-25 39 CRUDE OIL PRODUCTS Oct23 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 82.63 -0.11 WTI (Near Mth) 85.28 -1.9. Dubai (1-Mth F) 78.4 0.3. Tapis blend 88.5 0.. Minas 86.55 0.3! PRODUCT US$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 83.10 98.35 -0.2' -0. US$/barrel Opec Oil Basket75 words
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Article467 2007-10-25 39 Oct24 AS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.868 6.723 0.631 6.953 35.500 82.381 1.026 8.236 3.027 1.195 54.439 39.739 1.312 6.007 1.055 29.218 28.499 0.438 0.897 Canada 1.152 7.743 0.727 8.009467 words
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Article88 2007-10-25 39 Oct24 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****W 24.01.08 1-Year BY*****A 29.09.08 2.25 2.16 2.22 2.2 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High 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 NY*****X88 words
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Article138 2007-10-25 39 Oct24 GOLD (USS/oz) Oct 23 Oct 24 Hong Kong London 756.20 756.30 757.20 757.30 Oct 22 Oct 23 749.50 756.60 750.30 757.40 Source: Reuters CAST BAR (S$) Oct 24 Buying Sellini Kilobar "38,272.83" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz138 words
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Article75 2007-10-25 39 Oct24 1 mth 4.***** 2.***** 2 mths 4.***** 2.***** 3 mths 5.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid75 words
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Article71 2007-10-25 39 Oct 23 lumimum, 99.7 jrity (US$/tonne) Co Close Previou: Cash 2476.00 2478.80 3 months 2522.00 2527.00 Copper, Grade A (US$/tonne) Cash 3 months 7833.00 7795.00 7798.00 7760.00 Lead (US$/tonne) Cash 3630.00 3 months 3590.00 3633.50 3590.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash71 words
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Article79 2007-10-25 39 Oct23 (Btonne) Close Prev Hii ih/Low Dec 07 938 939 Mar 08 954 956 May 08 963 965 Jul 08 974 976 945/934 961/951 967/962 980/972 COFFEE (US$/tonne) Close Pev High/Low Nov07 2112 2117 2150/2102 Jan 08 1775 1772 1783/1767 Mar 08 1753 1749 1760/1748 May 08 1756 175379 words
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Article60 2007-10-25 39 Oct24 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Nov07 2741 2755 2765 2735 1391 ***** Dec 07 2704 2713 2727 2691 5431 ***** Jan 08 2680 2690 2702 2670 2084 4353 Feb OS 2680 2681 2694 2669 650 2149 Total o/p:60 words
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Article2814 2007-10-25 39 BONDS WARRANTS Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- C000) Ratio Price ing Lef1 !036 Advance SCT Ltd W*****9 32.5 -2 1047 1 87 15 3.20 3' !835Allgreen RBeCW*****6 6.5 ArianeCorp Ltd W*****9 2.5 !798Ascendas REITSGA ECW*****3 33 1092 Asia Environment W*****4 322,814 words
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Advertisement2623 2007-10-25 40 m The Business Times Shipping Times fl 3Hsl hes SOS EfHiuO E^l^^ kC If Bill Pi aaQmß UK CONTINENT SERVICE U.S.A SERVICE lIIMIIb Destination Destination STXPO TBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL u_ r_,. WALLENIUS WILHELMSEN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I I C T I f2,623 words
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Advertisement3991 2007-10-25 41 WAN HAI INTERNATIONAL PTE LTD cr NO: N*****0000/r I I f/-\\, -j V^AVvhh nai lime? ;:;i«--- :---™----;v^;;, v w wI E/'^ EXPR _ESSSAIL' NGSCHEDULE I www wnnhni mm «n JKT TEL:(021) *****88FAX:(021) *****88PLMTEL:*****0/*****1 FAX:*****9 WWW.wannai.COm.sg BEL TEL: (061) *****83 FAX: (061) *****25/*****09 ILtot^tKeS! B frl M! H IW! Mil M3,991 words
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Advertisement4128 2007-10-25 42 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'n4,128 words
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PROPERTY
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Article, Illustration600 2007-10-25 43 Reuters Central bank likely to keep key rate at record 8.25%, highest in developed world [WELLINGTON] It has taken four consecutive interest rate increases to record high levels but New Zealand's central bank looks to have finally taken the heat out of its– Reuters; BLOOMBERG - 600 words
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1000 2007-10-25 44 JOHN F WASIK - JOHN F WASIK Bloomberg Analyst who predicted slump before it happened reckons on a 50-60% chance of recession [CHICAGO] Ivy Zelman's view of the US housing market is gloomy, but it is probably the most realistic. A veteran Wall Street analyst, Ms Zelman, chief– Bloomberg - 1,000 words
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Article, Illustration526 2007-10-25 45 Reuters People having more than one home will be subject to annual real estate taxes [HANOI] Vietnam is drafting a real estate ownership tax law to curb skyrocketing property prices and speculation amid scenes of people queuing overnight to join lotteries for apartments,– Reuters; BLOOMBERG - 526 words
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295 2007-10-25 45 Bloomberg [LONDON] Intercontinental Hotels Group pic said Holiday Inn owners and franchisees will boost sales by investing US$l billion on renovations and new bedding, along with the first change to the chain's green logo in 50 years. Intercontinental will spend £30 million (5589.7Bloomberg - 295 words
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140 2007-10-25 45 Reuters [SINGAPORE] Singapore's hike in property tax on hotels next year will not apply to service residences, the Inland Revenue Authority of Singapore (IRAS) said yesterday. Service residences, many of which provide food and cleaning services, have emerged as an alternative– Reuters - 140 words
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Article, Illustration482 2007-10-25 46 Bloomberg Mortgage defaults in US may prompt lenders to tighten credit says JLL [TOKYO] Global direct real estate investment may fall this year as concerns about defaults on US mortgages prompted lenders to tighten credit, said Jones Lang LaSalle Inc, the world's sec-ond-largest commercial– Bloomberg; AFP - 482 words
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Article, Illustration589 2007-10-25 47 Reuters It accounts for 55% of total transaction volume in Asia-Pac for the period: JLL [TOKYO] Property investment in Japan grew 16 per cent to a record US$3O billion in the first half of 2007, reflecting the country's solid real estate market,Reuters; FILE PHOTO - 589 words
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403 2007-10-25 48 ARTHUR SIM - Unit price of industrial parcel works out to about $50 psf ppr ARTHUR SIM By THE public tender for an industrial site at Sin Ming Lane has closed with the top bid of $68.9 million put in by MV Land403 words
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Article, Illustration226 2007-10-25 48 PARAGON Shopping Centre has clinched two awards in Shopping Centre Scorecard, an annual national industry rating scheme which recognises well-run malls in Singapore. Paragon, which is fully owned by Singapore Press Holdings Ltd (SPH), emerged tops in two of the three categories best efforts in226 words
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290 2007-10-25 48 A 99-YEAR leasehold site for private condo development at Elias Road in Pasir Ris has been launched for tender by the state. CB Richard Ellis expects the 152,054 square foot site to fetch bids of between $260 and $300 per square foot290 words
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Advertisement274 2007-10-25 43 Proposed Horse H'MMV'Ir'WVMMwMti'HMMMMMMMH Riding Centre J !?l IL [I] I iTc^ I [I] iJ>] M 111 hi mTyk^H Country Z fTf 11» fc 1 r*AV7?^B c"Jb p-~~1~~~ I Large regular freehold land :appx.l29,sBssqf samud«« A^C" Q I »2-storey bungalow use within PR 2.1 sector Lln. Proposed a 0( se™gfSon\ I274 words
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Advertisement478 2007-10-25 43 Since l^uTnU^B 1 1979 wwk Hlr*i3v Muyij Jk wiy\ kyi fA• IQLNII]MOV il Lr^^^MllHßMfflßlllii ps^i [f^h Goodrich Park Parry |Gardens| Freehold EtBI P^^^ Residential, PR 1.4. Up to 5 Storey Lush surroundings within a J^^^gjos^^ quiet cul-de-sac I^—— F1 Kovan U^^3 £^^^^aU^^U^^9 Heartland jpg V\ g^ |^^^g^^^^^^^ Mall «q m|gg478 words
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Advertisement416 2007-10-25 44 56-68 Farrerßoad Prime Freehold Residential Land For Sale |^P)sj N s. *S| G*pßd/ I COLLECTIVE SALE OF DrirJtorlf K/iar/Srot'c Future Woo erton Park ■tr "ssffi* eej HgggKi gcba Spanish village CD LeeGCßA ark E99WRVI *Land Area 30)793-4 s<i m U*J (331,457 sqft approximately) XCJi MP 2003 PR 1.6 Maximum 12-storeys416 words
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Advertisement63 2007-10-25 44 lOO%FINANCING REUTERS D.lO GOOD CLASS lEE CAT s H F i as d ™s m BUNGALOW FOR SALE ™«HFf r I Markets may hit record HIGH or LOW, this Nathan hairrare centred Vicinity 2 1/2 Storey Bungalow stays Solidly Grounded naircare services, as a GOOD INVESTMENT! i««, Land: approx 16,00063 words
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Advertisement177 2007-10-25 45 I I Canadian Int'l Sen >v l^^i^n i pr °minentsite|nDistrict I°.off sjxthAve \<p^tjss°fr" 8s*h)' c Lar9e corner Plcrt of 174 '176 sf> Freehold V\ Residential PR 1.4/5 storeys, no DC > —S^- Near future Sixth Avenue MRT Station <55==^^-^ /y^ang Naitoa| Near good schools like RGPS, MGS A^^^i^^l *aS- e177 words
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Advertisement487 2007-10-25 45 For Sale By Tender BM Prime Industrial Building At Alexandra Terrace 6 Storey Building Land Area 13,601 sq ft (approx) Gross Floor Area: 30,475 sq ft (approx) Tenure Freehold Near future circle line MRT Sold with vacant possession Closing Date: 28 th November 2007 www.savills.com.sg ss _^^chaj! Landareal o4,744 sf;487 words
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Advertisement440 2007-10-25 46 H| al-;ly !wj i^M^ I"JH ll?! v4\ Si A selection of one, two and three bedroom f^k jELim N luxuriously appointed apartments cad KENTISH V \/y\ nhwngt n Many apartments benefit from large terraces town f© olympics^area 2012 A communal dining and entertainment room I f^.owip£ highb w Roof terrace440 words
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Advertisement1100 2007-10-25 47 PRIME RESIDENTIAL SITE FOR SALE BALMORAL CONDOMINIUM Near Prestigious Schools, aJ%fs&Mx*, a£Sa?*t, i.e. ACS, Raffles Girls (Barker Rd) r 'm Anglo-Chinese Near Orchard Shopping Belt _H>*/ Sch( pri> d!> 6 •Easy Access to CTE& PIE Bgil!do a' 'xT «Q* V Balmoral Near Newton MRT Station, The piaza approximately 500 m1,100 words
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Advertisement166 2007-10-25 48 INVESTMENT SALES INVESTMENT BANKING ADVISORY SERVICES VALUATION Disposition on behalf of Asia 1 Rnlayson Road: Acquisition by General (27% stake) at $87 mil. Ascott at $109.5 mil. 700 Beach Road: Appointed as 6 strata title floors at Suntec City, exclusive disposition agents circa John Hancock Tower, GB Building, $70 mil.166 words
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Advertisement396 2007-10-25 48 Others see standby cash. You recognise opportunity. Cashline Platinum. The Power Of Leverage. Get up to $200,000 A at only 6% per annum. With a generous credit limit of up to $200,000 A, this credit line provides you with cash to do whatever you want. Be it to invest in396 words
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