The Business Times, 24 November 2007

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Microfilm: NL28570
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents ajp* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 November 24-25,2007 online at http://business-times.asial.com.sg
    22 words
  • Article, Illustration
    Lock icon Inflation rises with policy posers in tow
    740 1  -  ANNA TEO Analysts expect swift counter-measures as monthly numbers climb to a 16-year high By to allow the Sing dollar to rise at a slightly faster pace to help curb imported inflation. At a media briefing on the Q3 economic data on Monday,
    740 words
  • Article
    Lock icon Tanglin Club members tangle with treasurer
    520 1  -  CONRAD RAJ But meeting to seek his resignation gets postponed By [SINGAPORE] The Tanglin Club, the favoured hangout of some of Singapore's most famous and influential people, is watching another battle unfold. It appears that some members are unhappy with its treasurer, Glen Bryce,
    520 words
  • Page 1 Advertisements
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      1 1 8"*****l"*****4'
      1 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      152 1 The Largest Private Medical Centre in the Region Camden Medical Centre is designed by Priizker Award winning architect, Richard Meier, whose worb include the world-famous Getty Museum in Los Angeles. Situated at the prestigious Tanglin district, it is within close proximity to Gleneagles Hospital and luxury hotels such as The
      152 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      71 1 -s? I B "/"-S THE CHAMP For Lav Tai San, chairman of Kirn Ann Engineering, it was an evening to savour. Last night, representatives from enterprises in Singapore gathered at the Raffles City Convention Centre Ballroom to honour their best at the E-50 awards. And none was prouder than Mr
      71 words
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  • TOP STORIES
    • Article
      Lock icon Overseas tonic a boost for most E5O firms
      831 2  -  LYNETTE KHOO 3 in 4 firms have foreign interests; generate over 58% of revenues abroad By [SINGAPORE] The globalisation theme is not confined just to the big boys but is also sizzling among privately held companies here. This year's Enterpriseso award, jointly
      831 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Metro not giving out any more dividends in '07
        69 2 RETAILER Metro Holdings will not be issuing any further dividends this year, and will let the remainder of its Section 44 tax credits expire at year's end. Metro explained -in response to a Singapore Exchange (SGX) query on its section 44
        69 words
      • Article
        Lock icon Hyrlux launches Water-trust IPO amid poor sentiment
        76 2 POOR market sentiment that led two trusts to postpone IPOs totalling more than $800 million recently has not deterred Hyflux, which launched its water trust yesterday to raise $234 million from cornerstone and subscription investors. Hyflux Water Trust is offering 165 million units,
        76 words
      • Article
        Lock icon CEO of SingTel's unit NCS stepping down
        52 2 IT industry veteran Chong Yoke Sin, chief executive officer of information communications technology firm NCS, is stepping down due to personal reasons on Dec 9. NCS is a wholly owned subsidiary of Singapore Telecommnications 1 CICUUIIIIIIIII^ CL LIUIIO. a a j COMPANY NEWS,
        52 words
      • Article
        Lock icon HG Metal net profit riSeS 31.6% to a record $18.1m
        80 2 I DRIVEN by higher steel prices and strong demand, steel stockist HG Metal yesterday reported a 31.6 per cent rise in net profit to a record $18.1 million for the year ended Sept 30, 2007. It also proposed a l-for-3
        80 words
      • Article
        Lock icon Pedra Branca hearing draws to a close
        60 2 THE hearing in the International Court of Justice (ICJ) on Malaysia's and Singapore's dispute regarding ownership of islet Pedra Branca finally ended yesterday. For the past three weeks, both countries have been making their claims and rebutting each other's arguments in the ICJ.
        60 words
      • Article
        Lock icon Genting Q3 profit slides, hurt by UK writedown
        61 2 GENTING Bhd, Asia's largest listed casino operator, said thirdquarter profit fell after higher UK gaming tax led to a writedown at the company's British unit. Net income dropped 34 per cent to RM275.2 million (SsllB million), or 7.45 sen a share, from
        61 words
      • Article
        Lock icon China Railway IPO raises 22b yuan, gets record subscriptions
        61 2 China Railway Group Ltd said yesterday that its initial public offering (IPO) on the Shanghai Stock Exchange was subscribed many times over, showing that investor demand remains strong despite the market's recent slide. The state-owned railway builder said that the stock
        61 words
    • Article
      Lock icon S'pore, KL budget airlines rev their engines for Feb 1
      382 2  -  YEN SREENIVASAN Partial opening set before full opening kicks in on Dec 1 '08 By [SINGAPORE] The days of sky-high air fares between Singapore and Kuala Lumpur are numbered. The route now a virtual duopoly between Singapore Airlines and Malaysia
      382 words
    • Article
      Lock icon HK billionaire on the hunt for bargains
      275 3 Now is the time to get back into stocks: Lee Shau Kee [HONG KONG] Billionaire investor Lee Shau Kee, sometimes nicknamed Hong Kong's Warren Buffett, said that he spent more than HK$l billion (SslBs million) in the stock market on Thursday as the
      275 words
    • Article, Illustration
      Lock icon Falling dollar pushes Airbus past pain bar
      362 3 neuters, Bloomberg [FRANKFURT] The weakness of the US dollar is threatening the survival of European planemaker Airbus, its chief executive, Tom Enders, told employees in a speech in Hamburg on Thursday. Workers at the firm, owned by European aerospace and defence group EADS,
      neuters, Bloomberg; BLOOMBERG  -  362 words
    • Article
      Lock icon Wall St bonuses: still huge but over wider range
      340 3 Some employees may even end up with pink slips [NEW YORK] Wall Street bonuses, on average, will be little changed this year, but not since 1998 will the gap between the haves and have-lots be so great. Year-end bonuses make up
      ■Reuters  -  340 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        45 3 Friday 1,353.55 lange +9.39 1 COMP IIKKEI 225 Closed IANG SENG 26,541.09 +536.17 ;et index 824.25 +15.43 IAKARTA COMP 2,584.35 +14.83 IANILA COMP 3,494.44 +15.50 ;eoulcomp 1,772.88 -26.14 ;henzhenb 681.66 -1.40 IUMBAI IND 18,852.87 +326.55 1100AM EDT Change 12,910.46 +112.42 IOW IASDAQ 2,579.19 +17.04
        45 words
      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.00 INDONESIA 15.554 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 4.14 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        39 3 IS$ (S$ ier US$) 1.442 (US$/S$ per 2.072 2.987 ;uro(us$/ss/e) 1.493 2.152 'EN 107.70 74.70 3.365 2.334 m 7.777 5.395 !AHT 33.82 23.46 lUPIAH 9,368 6,498 1ENMINBI 7.402 5.135 INDIAN RUPEE 39.54 27.43 1.149 0.797 IZ$ 1.331 0.923
        39 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      86 2 ENTERPRISE 50 Don't miss our 30-page special on the top E5O companies in The Business Times on Monday 2j^ 111 23 Ik^^ pw w j^K vpjpflpjpJpwA A.^l HlillMMi^^Pfl I pm^^^ f 1m K5 HAHI RC n ■n^al fl I ■wPwifsH HI II Bw^l j^/^^ W£^||^~ 1) Iff mMHSKM W DAQIO
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Managing migrant money
      2508 4 Christina Gold, the high-flying head of remittance firm Western Union, has her feet firmly planted on the ground, writes AMIT ROY CHOUDHURY IT'S OFTEN easy to forget that behind the larger-than-life image that many business leaders have, thanks to continuous media coverage, they are also individuals with
      ARTHUR LEI  -  2,508 words
    • Article
      Lock icon Raffles
      97 4 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words
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  • COMPANY NEWS
    • Article
      Lock icon Metro not giving out any more dividends in '07
      761 5  -  MICHELLE QUAH It will let the rest of its Section 44 tax credit expire due to financial constraints By RETAILER Metro Holdings will not be issuing any further dividends this year, and will let the remainder of its Section 44 tax
      761 words
    • Article, Illustration
      Lock icon Market sticks to singing the US sub-prime blues
      545 5  -  R SIVANITHY STOCKS STI loses 115 points for the week reinforced by rising oil price and weak US$ LOCAL stock market investors must by now have grown ired of hearing about the US sub-prime mortgage marset, collateralised debt obligations (CDOs) and what
      545 words
    • Article
      Lock icon Hyflux launches water-trust IPO amid poor market sentiment
      467 6  -  MATTHEW PHAN Offer of 165 million units at 78 cents each By POOR market sentiment that led two trusts to postpone IPOs totalling more than $800 million recently has not deterred Hyflux, which launched its water trust yesterday to raise $234 million
      467 words
    • Article, Illustration
      Lock icon CEO of SingTel's unit NCS stepping down
      504 6  -  AMIT ROY CHOUDHURY Personal reasons cited; Sing Tel HR director takes over By j IT industry veteran Chong Yoke Sin, chief executive officer (CEO) of information communications technology firm NCS, is stepping down due to personal reasons on Dec 9. NCS is a
      504 words
    • Article
      Lock icon Sihuan Pharma buys rights to Chinese antithrombotic drug
      178 6 SIHUAN Pharmaceutical Holdings has bought the rights to a Chinese antithrombotic drug for 3.5 million yuan (*****,672). The drug, codenamed TSA, is said to be able to help prevent and treat blood clotting among patients with cardiocerebral vascular and other related diseases
      178 words
    • COMPANY BRIEFS
      • Article
        Lock icon Pan Hong buys plot in Fuzhou for 210m yuan
        47 6 PAN HONG Property Group has acquired a land parcel, of about 191,000 sq metres, in China's Fuzhou City, Jiangxi Province, for 210 million yuan (5540.9 million It intends to develop high-end residential and commercial properties on the site.
        47 words
      • Article
        Lock icon CapitaLand completes review on Eurasia
        78 6 CAPITALAND has completed due diligence and review on its proposed investment in the properties of Eurasia Logistics, a major Russian logistics property developer. It has proposed to take up an initial 10 per cent stake in the completed and stabilised assets of Eurasia Logistics. By
        78 words
      • Article
        Lock icon CosmoSteel, Federal in investment tie-up
        61 6 COSMOSTEEL Holdings and Federal International (2000) yesterday announced the formation of a joint-venture investment vehicle, KVA Energy Pte Ltd, to target energy projects in Asia Pacific. KVA Energy will be 50 per cent owned by CosmoSteel's wholly owned subsidiary Kirn Seng Huat Hardware and 50
        61 words
    • Article
      Lock icon HG Metal net profit rises 31.6% to a record $18.1m
      522 7  -  OH BOON PING Company proposes 1-for-3 bonus issue, declares 1.25 cents in total dividends By DRIVEN by higher steel prices and strong demand, steel stockist HG Metal yesterday reported a 31.6 per cent rise in net profit to a record
      522 words
    • Article, Illustration
      Lock icon SembMarine names new non-exec director
      515 7 SEMBCORP Marine has appointed Lim Joke Mvi as a non-executive director with effect from today, a move which the rig-builder said would help strengthen its corporate governance. Currently embroiled in a foreign exchange trading scandal, SembCorp Marine said Mrs Lim would be considered a non-independent
      515 words
    • Article
      Lock icon Fung Choi to issue convertible and exchangeable bonds
      339 7 LOCALLY listed Fung Choi Media Group (FCM) is issuing convertible and exchangeable bonds to raise money for expansion. The China-based media and marketing outfit said yesterday it has entered into an agreement with Merrill Lynch affiliate Indopark Holdings in conjunction with the
      339 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      29 5 Budget Hotel for Sale in Chinatown FREEHOLD Prewar Conservation •S 50 rooms (convertible to 56rooms) •S Site Area 4362sqft S Lucrative returns Co-broke welcome Call Charleen *****410 *****303 koh.charleen@gmail.com
      29 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      521 5 IHilllaM yffux >w Water Trust /apply nowi\ mmmmmmm HP it*. offer closes Ik I AT 12.00 p.m. ON J KB Wr |k V 28 NOVEMBER/ N^2oo7^X llBiliißKfl :k**. Bk^> B;e;1xIJi1 *s Hyflux Water Trust ("HWT") is the first pure-play global water business trust to be listed on a securities exchange
      521 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      199 6 Can't Wait? Zap now! uhl Z p&I \u Sr" for the Uniquely DestonedJGa Picanto The Z pCode Event The Heeren Shops (in front of the Balcony Bar) 19-29 November 2007 zap and bid for the coveted "EZ Cheezy" at a starting price of fll^k. $100. If you make the highest
      199 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      83 7 W^r "Hurry! RHJIPP MET Get Yours Now!" HA B^o shooting Digital Fashion Photography: B^tfflO PVPV Ev^Vial Learn ow to pan your own 'as^ion s^oot Wmmlh^Wg^/TXEfJ^Tymw^J^ Sam Tan from Vocare Media shares his H^2tl^^A£2l£^A^^a£^MV&9 experiences in capturing fashion videos with us O8 Pages from the PVi POTY 2007 competition! JMpJMiyi^a M
      83 words
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      196 7 S -«y IP X *M KHHH HIHHHH GLOBAL EDUPRENEUR PROGRAM Asia's Most Powerful Successful Business Mentoring Program I This FREE Seminar can totally change your Life forever! I I Discover SECRETS how ordinary people with no experience earn $10,000 I monthly. MONEY BACK GUARANTEE* to make sure you succeed SfSU
      196 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      606 8  -  UMA SHANKARI Singapore Banks BNP Paribas Research, Nov 20 BRACE for a few more months of turbulence: At one standard deviation below post-Asian financial crisis rolling PE mean, we think earnings concerns are well-discounted. Our analysis suggests that the share prices of DBS and OCBC could be bottoming
      Bloomberg  -  606 words
    • Article, Illustration
      Lock icon How much should you invest in a stock?
      1244 8  -  TEH HOOI LING SHOW ME THE MONEY THE science of numbers has developed quite a bit since June 1955, when a new quiz show called The $64,000 Question made its debut on American television. The show was a hit. It captured as
      1,244 words
    • BT SHARE INFORMATION SERVICE
      • Article
        Lock icon SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
        683 8 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ Before fOOO) ICj After ('000) Stock PCI 23-Nov-07ChuanHup Hldgs Ltd Buy 1169 na ***** 32.69 ***** 33.28 Ferrochina Ltd 23-Nov-07 Gold Delta Venture Sell ***** na ***** 11.26 ***** 6.38 PineAgritech 22-Nov-07Le
        683 words
      • Article
        Lock icon COMPANY MEETINGS
        278 8 COMPANY MEETING PLACE DATE TIME Select Catering E 18 Cross Street, 8th Floor Marsh McLennan Centre Singapore *****3 26-Nov 12.30pm Vicplas Intl A 35 Joo Koon Circle Singapore *****0 27-Nov 10.00am Darco Water E 18 Cross Street, 8th Floor Marsh McLennan Centre Singapore *****3 27-Nov 10.00am Xpress Hldgs
        278 words
  • Page 8 Advertisements
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Pedra Branca hearing draws to a close
      463 9  -  WEE LI-EN Verdict is expected next year following three weeks of ICJ proceedings By THE hearing in the International Court of Justice (ICJ) on Malaysia's and Singapore's dispute regarding ownership of islet Pedra Branca finally ended yesterday. For the past three weeks, both
      ST FILE PHOTO  -  463 words
    • Article
      Lock icon Case clarifies position on Stansfield
      254 9 FOLLOWING complaints ;hat it has engaged in an-;i-competitive behaviour, ;he consumer watchdog in Singapore has issued a statement to clarify the situition. On Tuesday, education orovider Stansfield College >aid it has filed complaints with the Competition Comnission of Singapore igainst Case as well as in-
      254 words
    • Article
      Lock icon F1 Powerboat race postponed
      300 9 THE excitement over the Fl motor race has left its water-based counterpart high and dry. The Singapore leg of the UIM Fl Powerboat World Championship scheduled to be held in Marina Bay this month has been postponed indefinitely, organisers Dunwell International said yesterday. The floating platform
      300 words
    • Article
      Lock icon Motor insurance suffers $40m loss in Q3
      318 9 MOTOR insurance continued to pile up losses in the third quarter, and the full-year loss is expected to reach $100 million. The Q3 loss of $40 million was one of the biggest quarterly losses ever, the General Insurance Association of Singapore (GIA) said.
      318 words
    • Article
      Lock icon Interpol uncovers US$680m of illegal football betting
      145 9 Reuters INTERPOL has uncovered US$6BO million worth of illegal football betting across Asia after a series of raids, Singapore police said yesterday. Planning for the raids took place from June and was timed to match the start of major football seasons, with illegal
      – Reuters  -  145 words
    • Article
      Lock icon Singapore, Brunei ministers make strides on environmental issues
      162 9 OFFICIALS from Singapore and Brunei met yesterday to review progress of cooperation and exchange views on possible new areas of working together. A joint statement from Brunei's ministry of development and Singapore's ministry of the environment and water resources sent yesterday said
      162 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Sungei Tengah land parcels sold for $3.6m
        88 9 THE Singapore Land Authority (SLA) yesterday said that it has awarded four agricultural land parcels at Sungei Tengah for $3.6 million in all. One of the four 20-year leasehold sites was awarded to SGX-listed Qian Hu Corporation, which will use the land parcel
        88 words
      • Article
        Lock icon NTU to set up two new alumni associations
        70 9 NANYANG Technological University (NTU) yesterday said it is officially opening two new alumni associations in Beijing and Shandong in China to cater to some of the 113,000 former students around the world. The two new alumni associations, for some 800 potential members,
        70 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      281 9 «*i^s~ll ZAP& BIDI I ZAP& BID a FROM ONLY $100! FROM ONLY $30! kiapicantofreshyellow fc_ I— i I 1~~l Mi BUDDY LOVE SEAT (LIMITED DESIGNER PIECE) EXCLUSIVELY Designed KiaPicanto! ezcheezyi.l hatchback (auto) M ,*»c EXCLUSIVE LISTPRICE jjgooo^ nm USUAL PRICE: 4,150 (Include7%GST] ...T^'r?T^.. KIA MOTORS KEY FEATURES: T!^B •J^S^T?' Size:l73ommxl4Oommx9oomm.
      281 words
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  • FOCUS: THE CEO
    • Article, Illustration
      Lock icon Why I'm prepared to become Citi CEO
      1194 10 MICHAEL LEWIS Bloomberg Most people are ill-equipped to be Wall Street top execs because they aren't ready to turn their back on old-fashioned 'morals' By I DON'T know about you, but I'm finding this latest upheaval in the financial markets a bit disheartening.
      – Bloomberg; AFP  -  1,194 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7713 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.017/ Star Europe Bond 1.246/ Star Europe Bal 1.242/ Star Asian Tiger Eqty 1.599/ Star Asia Bond 1.25/ Star Asia Balanced 1.063/ Star Global Technology Fund!" 0.229/ Multi St Fd 0.955/ Star Asia BondfUSD) 0.86/ Gib Multi St USD
      7,713 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      31 10 Allianz Global Investors one of the world's largest asset managers with more Allianz (jji) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors company regn. no *****7169Z
      31 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Genting Q3 profit slides, hurt by UK writedown
      378 11 Bloomberg Net income drops 34% to RM275m; group proposes 30 sen a share dividend [KUALA LUMPUR] Genting Bhd, Asia's largest listed casino operator, said thirdquarter profit fell after higher UK gaming tax led to a writedown at the company's British unit. Net
      Bloomberg  -  378 words
    • Article
      Lock icon Indonesia eyeing payout in bid to go green
      546 11 -AFP [PANGKALAN KERINCI, Indonesia] Indonesia's vast forests have long been seen by governments and businesses alike as a resource to be exploited for massive profit. But as worldwide climate negotiations approach in Bali next month, keeping the nation's forests just as they
      -AFP  -  546 words
    • Article
      Lock icon BURSA MALAYSIA
      2323 11 >V23 RM COOO) i&M Realty 0.96 ibricBhd 0.29 advance Synergy 0.31 idventa Bhd 1.54 leMuIti Hldgs 0.28 if fin Holdings 2.56 ihmad Zaki Resou 5.35 lie Corp 0.63 lirasia Bhd 1.77 ikn Messaging Te 0.17 ikn Technology 0.66 illiance Financi 2.80 iluminium Co 1.22 imalgamated Ind 0.49 iminvestment
      2,323 words
    • Article, Illustration
      Lock icon AirAsia's Q1 profit rides high on brisk traffic
      436 11 Bloomberg [KUALA LUMPUR] Air Asia Bhd, South-east Asia's biggest discount airline, said first quarter net income more than doubled after it added routes and flew more passengers. Net income rose to RMIBO million (Ss77 million) in the three months ended Sept 30,
      – Bloomberg; AFF  -  436 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      162 11 To advertise call toll tree 1800-289 8822 Email fccmit@spli.com.sg If you are enthusiastic about the securities industry and would like a flexible full time career as a Mobile Broker, we can initiate you towards your goal. MOBILE BROKER Broking on the Move... We are looking for people with drive and
      162 words
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  • INDIA
    • Article, Illustration
      Lock icon India taps into lucrative golf tourism
      449 12  -  SIDDHARTH SRIVASTAVA Country's thriving golf business is growing by more than 30% a year 3y in New Delhi FOR the past two or three years there has been a buzz about India emerging as a premier destination for golf tourism. The country is already
      AFP  -  449 words
    • Article
      Lock icon India, Canada to work for better-quality drugs
      342 12 [MUMBAI] The drug regulatory agencies of India and Canada are planning to collaborate on improving the quality of drugs traded between the two countries, besides helping the industry in both the countries to tap the opportunities in the field of generic medicines and
      342 words
    • Article
      Lock icon SGX MAINBOARD
      8498 12 Transaction date: Nov 23 ligh Low Code Company Sale ('000) High ow Buyer Seller C'vr P/E Sinii 3.5 2 5716 1st Software 22 8 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEICorp 27 13.5 1100 AEM 42 10 2101
      8,498 words
    • Article
      Lock icon India confident of mastering record capital inflows: Chidambaram
      387 13 Overseas investors pump USslBb into stocks, bonds in '07 [NEW DELHI] India is confident of gaining control over record inflows of capital that have fuelled advances in the rupee and the benchmark stock index. "It's a new situation for us and I
      387 words
    • Article
      Lock icon Maersk India eyes investment opportunities in port sector
      271 13 [MUMBAI Maersk India, which operates a port and a container terminal in the country through APM Terminals, is looking at other port projects along India's coast to cash in on growing seaborne trade, a senior official said. Part of Danish shipping and
      271 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        60 13 VOLUME Yangzijiang 30,517,000 Ezion 28,965,000 UOB MBL eCWOBO4O4 27,450,000 Dynamic 24,592,000 STXPO KWIOO 23,475,000 UOBDB eCWOBO6I6 22,360,000 CoscoCorpMßLeCWoBo2o4 21,326,000 DBS MBL eCWOBOSO2 20,161,000 CapitalandDßeCWoBo3l7 19,610,000 ChinaNTown 16,939,000 VALUE (S) DBS Grp 128,794,860 UOB 103,866,760 Capita Land 81,633,500 STX PO KWIOO 66,001,610 Keppel Corp 60,141,161 Yangzijiang 58,567,980 Sing
        60 words
      • Article
        Lock icon RISES
        93 13 CLOSE UP LD 10US$ 8030 129.7 1.1 IS MSCI India 100 895 57.6 4.7 China H 10US$ 2040 57.6 2.0 lardine C&C 1790 40.0 2.3 IH 322 36.0 12.6 :lux 322 31.0 10.7 JtraitsAsia 282 29.0 11.5 IMH 2600 28.8 0.8 ISH 1470 28.8 1.4 IK Land 452 23.1
        93 words
      • Article
        Lock icon FALLS
        118 13 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN uocoLand Ltd 510 -25.0 -4.7 ;BeCW*****8 22 -24.5 -52.7 'an. izi. ianRBeCW***** 63 -23.0 -26.7 ir Asia 10US$ 515 -21.6 -2.I iCBCBk4.5%NCPS 100 ***** -20.0 -0.2 OB 1880 -20.0 -1.1 lain irm 474 -14.4 -2.1
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      83 13 Clob Up Down Unch 8 5 5 Up Down Unch OOP Up Down Unch 8 5 5 Multi Ind Manufacturim 86 51 62 17 13 103 60 75 Commerce 34 21 16 26 20 )t/Stor/Comms 20 12 22 11 12 Finance 15 16 lonstruction Pro 16 16
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      128 13 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 13,923 13,923 83,664 83,664 Manir facturing 251,462 37,863 289,325 271,877 6,500 278,377 Commerce 73,948 16,624 90,572 69,806 3,833 73,640 Tpt/Stor/Comms 83,086 1,408 84,494 254,763 1,074 255,837 Finance 38,322 101 38,423 328,054 22 328,076 Construction 53,568
      128 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      219 13 Stock name Wt Close Change Allgreen 0.47 1.510 -0.010 Ascendasreit 0.85 2.250 +0.020 CapitaComm 0.48 2.270 -0.010 Capita Land 4.38 6.500 Capita Mall 0.91 3.120 -0.020 Chart SemiCond 0.61 1.100 +0.030 CityDev 2.72 13.700 +0.200 ComfortDelGro 1.29 1.770 -0.010 Cosco Corp 2.02 5.900 Creative Tech 0.16
      219 words
    • Article
      Lock icon BONDS & WARRANTS
      2084 13 BONDS WARRANTS Fel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left >036 Advance SCT Ltd W*****9 32.5 2.5 5 3798 Ascendas REIT SGA ECW*****3 11 1 ***** )092 Asia Environment W*****4 38 1 940 1 87 1 248 1 38
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    • Article
      Lock icon SGX SESDAQ
      2249 13 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      2,249 words
    • Article
      Lock icon SGX XTRANET
      72 13 «Vk Tel Low Code Last Sale Vol C000] lay L Low By .ast Quote yer Seller Div C'vr irYld Net P/E reap Hil Comi >an' Hii 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO *****
      72 words
    • Article
      Lock icon CLOB INTERNATIONAL
      78 13 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi 'an: Hii 141 104 6000 AVJennings 21.5 5 6134 Over&Gen 64 18.5 6017 StarCruises 320 179 6019 TanChonglnt A112 A17 US31 HK260 -1 +0.5
      78 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Maker of over 1,000 films may call it a day now
      863 14 Bloomberg RUN RUN SHAW TURNS 100 Investors seen to offer more than market price for HK tycoon's stake in TVB [HONG KONG] Run Run Shaw, the Hong Kong tycoon who made the first Asian film to win a top
      – Bloomberg; BLOOMBERG, APPLE DAILY  -  863 words
    • Article
      Lock icon Taiwan growth forecast for '07 lifted to 5.4%
      326 14 Reuters [TAIPEI] Taiwan's surprisingly strong third-quarter growth has prompted economists to lift their 2007 gross domestic product (GDP) forecasts, but they are generally sticking to their 2008 estimates and think the government is too optimistic. "The third-quarter figure was so unexpectedly high,
      ,/ — — – Reuters  -  326 words
    • Article
      Lock icon HSBC 'misled investors' over share-reward plan
      266 14 Bloomberg [LONDON] HSBC Holdings pic, Europe's largest bank by market value, misled investors over a new share plan to reward management which is payable next year, according to Knight Vinke Asset Management LLC. A plan introduced in 2005, which proposes to pay executives in
      – Bloomberg  -  266 words
    • Article
      Lock icon Christie's expects record HKsl.Bb sale at auction
      459 14 15 Chinese art pieces inspired by the West among the highlights [HONG KONG] A cache of Asian art, Chinese jade and porcelain goes under the hammer in Hong Kong next week at what global auction house Christie's expects will be another record-breaking sale
      -Reuters  -  459 words
    • Article
      Lock icon China to let investors trade shares in HK
      500 14 Bloomberg Chinese premier affirms pilot trading scheme for investors [BEIJING] Hong Kong Chief Executive Donald Tsang said that the Chinese government is committed to an Aug 20 plan for letting the country's investors trade shares on the city's stock exchange. Chinese Premier
      Bloomberg  -  500 words
    • Article
      Lock icon China Railway IPO raises 22b yuan, gets record subscriptions
      242 14 -AP [SHANGHAI] China Railway Group Ltd said yesterday that its initial public offering (IPO) on the Shanghai Stock Exchange was subscribed many times over, showing that investor demand remains strong despite the market's recent slide. The state-owned railway builder said that
      -AP  -  242 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Keeping the Bethlehem Steel story alive
      833 15 AP USsBoom Las Vegas Sands casino project paves way for preserving historical site [BETHLEHEM, Pennsylvania] History buffs practically salivate at the thought of being able to explore the massive ruins of Bethlehem Steel, the industrial behemoth that armed hundreds of US warships, provided the
      AP  -  833 words
    • Article
      Lock icon Secrets told to auditors could be spilled in court
      570 15 -NYT Privy info demanded by post-Enron audits fair game in lawsuits [NEW YORK] When the Shaw Group, an industrial engineering company, became mired in a contract dispute over its construction work on an electricity plant in Texas, it filed a lawsuit
      -NYT  -  570 words
    • Article
      Lock icon Smaller firms grab bigger US exports pie
      564 15 Bloomberg Trend may help cushion impact of sub-prime fallout [NEW YORK] SmaUer companies are grabbing a bigger share of US exports, making up for some of the jobs lost as multinational firms move operations overseas. American businesses without international subsidiaries accounted for 46
      Bloomberg  -  564 words
    • Article
      Lock icon Pre-election jitters strike Australian businesses
      306 15 -AFP' [SYDNEY] Confidence among Australian small business has slumped dramatically ahead of today's vote which could end the 11-year rule of Conservative Prime Minister John Howard, a new survey has found. The Sensis study of 1,800 small and me-dium-sized businesses found that confidence had dropped
      -AFP'  -  306 words
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  • WORLD
    • Article, Illustration
      Lock icon US winter shopping season off to a cold start
      589 16 Reuters Analysts expect slow sales growth this year after recent economic worries [NEW YORK] The 2007 holiday shopping season kicked off yesterday with crowds of shoppers, many braving the bitter cold, snagging early bargains on one of the busiest shopping days
      – Reuters; REUTERS  -  589 words
    • Article, Illustration
      Lock icon Oil should cost just US$20: economist
      636 16 Reuters, AP Markets watch outcome of Dec 5 Opec meeting [BEßLlN] The price of oil is five times higher than it should be, the International Energy Agency's (lEA) chief economist said yesterday. "At the most, oil from the Middle East should cost US$2O a
      – Reuters, AP; BLOOMBERG  -  636 words
    • Article
      Lock icon Watchdog: UK govt mishandled Qinetiq stake sale
      413 16 -Bloomberg [NEW YORK] The UK government mishandled the sale of defence research group Qinetiq pic, allowing private equity group Carlyle Group to pay a low price for its share and giving a "mind-boggling" reward to management, auditors and lawmakers said. The Ministry of
      -Bloomberg  -  413 words
    • Article
      Lock icon EU okays first public-private tie-up in R&D programmes
      465 16 Bloomberg [BRUSSELS] The European Union (EU) approved 9.3 billion euro (5519.8 billion) for research initiatives in electronics, computers, medicines and aeroplanes, the first EU programmes of their kind to be funded by governments and industry. EU research ministers endorsed a three billion
      Bloomberg  -  465 words
    • Article, Illustration
      Lock icon Exiled former PM to return to Pakistan
      556 16 Reuters [ISLAMABAD] Exiled former prime minister Nawaz Sharif, the man President Pervez Musharraf deposed, is set to return to Pakistan within days, aides said yesterday, after a deal to end his exile in Saudi Arabia. It was not immediately clear whether Mr Sharif,
      – Reuters; AFP  -  556 words
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  • MOTORING
    • Article, Illustration
      Lock icon A taste of 7 heaven
      706 17  -  FOR a car whose boot was designed to accommodate four golf bags, the BMW 7 Series is certainly a model that keen golfers would appreciate. But equally interesting is the fact that the flagship BMW also offers a matching lifestyle. That is because anyone buying
      706 words
    • Article, Illustration
      Lock icon Performance limousine
      370 17 SAMUEL EE By SOME of those who have enjoyed the BMW 7 Series Privileges Programme may have also have enjoyed driving the BMW 740LL Unlike the entry-level 730 i with its inline six-cylinder engine, the 740 Li has a V 8 under the hood. This power plant is
      370 words
    • Article, Illustration
      Lock icon Honda Jazz set for greater heights
      585 17  -  SAMUEL EE By SINGAPORE'S best-selling hatchback looks set to scale even greater sales heights next year. The Honda Jazz, which is called the Fit in Japan, is now roomier and even more fuel-efficient. This mini hatch with the versatile interior has grown 55 mm
      585 words
    • Article, Illustration
      Lock icon Japan domestic mode a rather good Fit
      412 17  -  SAMUEL EE By THERE is something to be said for free enterprise and the parallel import system. The new Honda Fit hatchback may have only been launched last month in Japan, but it can already be found here in some parallel importers' showrooms.
      412 words
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  • GOLF
    • Article, Illustration
      Lock icon Banking on golf sponsorship
      1788 18 More corporates are pumping money into golf sponsorship in Asia as they see the sport as a powerful business networking device, reports JUSTINE MOSS T'S NO secret that sponsorship is critical for any professional sports tournament, golf included. Large injections of cash from companies in the
      AP, AFF  -  1,788 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      927 18 Wine&dilie with weekendBTwine&dine with weekendBT Cafebiz Plaza Market Cafe For a memorable sky dining experience, please call comprises three delicious morsels Abalone Siew Mai, MI T D a, ti, di ti er,9i eize *****240. Shark's Fin Dumpling and Crabmeat Beancurd Roll. The Lobby level, Traders Hotel, Singapore Tel: *****374 Level
      927 words
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  • WELLNESS
    • Article, Illustration
      Lock icon European spas go Asian
      966 19 A growing acceptance of Eastern medicine has sparked varied Asian spa treatments in Europe, reports JUDY CHAPMAN WHILE a visit to a European spa has historically always been synonymous with curative waters, a growing acceptance of Eastern medicine has resulted in a burst of Asian spas
      966 words
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      333 19 CRYPTIC CROSSWORD 1 Check demand for material (o) l^^^l 4 A good mixer, maybe, but a 9 10 Departed principal needed 12~~^| to work in flowerbeds (8) __^J__^^J^^J__^J__^^J^^J__^J__ sorry about (4) yj 13 Piece of furniture I'd put __^l__^l__^l__^l__^l__^^J^^^^Hf 14 Flag of Eire shortened (4) 17 Penetrate enemy defences [^^^J—^^J——^J—^^J—^^J—
      333 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Fit for Christmas
      840 20 'he festive season brings a range of fine offerings from top Italian houses, says CHRISTOPHER LIM IF YOU would like to use Christmas as an excuse to redecorate ostensibly for the sake of your guests then there are quite a few tasty options for you to check
      840 words
    • Article, Illustration
      Lock icon IN STORE AT THE MALLS
      396 20  -  Sitizaliza Warti The Midas touch MIELE sits in the gold class with its new Limited S4 Gold Edition vacuum cleaner (above), launched in conjunction with its 80 years in floor care technology. The vacuum cleaner, which is tested to last 20 years (or 1,000 operation
      396 words
    • Article, Illustration
      Lock icon Canadian menswear makes S'pore debut
      650 20  -  CHRISTOPHER LIM By MEN bored with the current offerings in the market can check out newcomer Canadian menswear brand Report Collection, which opened its first standalone store in Singapore this month. Located in Suntec City, it seems to be competing price-wise with the likes of
      650 words
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  • TRAVEL
    • Article, Illustration
      Lock icon Out of Africa
      1735 21 Purists who insist on an authentic safari experience have surely never enjoyed champagne and canapes in the sand dunes while watching the sunset, reports GEOFFREY EU HEN Isak Dinesen otherwise known as Baroness Karen yon Blix-en-Finecke famously wrote in 1937 that she once had a farm in
      GEOFFREY EU  -  1,735 words
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  • The Business Times weekend weekend
    • Article, Illustration
      Lock icon Up on the roof
      1679 22 GEOFFREY EU checks out some open-air restaurants with great food and breathtaking views NOT all that long ago perhaps just a couple of decades or so al-fresco dining options in Singapore were limited to Newton Circus and your neighbourhood kopitiam. Other than that it was a
      ARTHUR LEE  -  1,679 words
  • Page 22 Miscellaneous