The Business Times, 3 December 2007

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Microfilm: NL28595
Total Pages: 33
1 33 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 202/12/2006 Monday, December 3,2007
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  • Article
    Lock icon Property sales set for big drop in Q4
    791 1  -  ARTHUR SIM Early numbers show Q4 private property deals at $2.9b, nowhere near Q3's $15.6b [SINGAPORE] Weakening market sentiment could have a bigger impact on property sales if early numbers for the Q4 2007 transactions are anything to go by. In a
    791 words
  • Article, Illustration
    Lock icon Firm show of support for Youth Olympics bid
    191 1 [SINGAPORE] Singapore's business community is coming together to back Singapore's bid for the 2010 Youth Olympic Games (YOG). 77th Street Pte Ltd is one such company, which will drum up support through the sale of specially created t-shirts by various local designers.
    191 words
  • Article
    Lock icon Key jobs data could help decide size of Fed band-aid for Wall St
    654 1  -  ANDREW MARKS in New York AN ailing economy featuring a severely slumping housing market that appears headed for even harder times and suddenly risk-averse banks denying loans to capital-hungry businesses may not sound like a recipe for
    654 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      47 1 IT Index 3,521.27 +195.38 1COMP 1,396.98 +43.43 IIKKEI225 15,680.67 +791.90 IANG SENG 28,643.61 +2102.52 ;et index 846.44 +22.19 JAKARTA COM P 2,688.33 +103.98 1ANILACOMP 3,578.55 +99.61 ;eoulcomp 1,906.00 +133.12 ;henzhen b 690.91 +9.25 IUMBAI IND 19,363.19+510.32 )OW 13,371.72 +390.84 IASDAQ 2,660.96 +64.36 ;&P 500 1,481.14 +40.44
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 uss (s$ )er US$) 1.446 (US$/S$ per 2.065 2.986 EURO(US$/S$/E) 1.475 2.132 YEN 110.20 76.20 RM 3.360 2.323 HK$ 7.788 5.385 BAHT 33.84 23.40 RUPIAH 9,375 6,482 RENMINBI 7.387 5.108 INDIAN RUPEE 39.66 27.42 A$ 1.127 0.780 NZ$ 1.295 0.895
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      3 1 8 *****1 *****4
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      124 1 JB. Blanc paiN LE BRASSUS VALLEE DE JOUX SUISSE WWW.BLANCPAIN.COM MANUFACTURE DE HAUTE HORLOGERIE C-. J &l 'j— The Manufacture Blancpain offers a new take on its legendary diver's y^^& watch with the "Fifty Fathoms Automatic" (ref. 5015-1130-52). WaterX2 <^ •w?^. resistant to 300 metres, this model houses the new
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      46 1 M POWER LUNCH MARKET CAP CLIMATE CHANGE BizlT |F^ Adding spice Biggest dive All eyes on China, .J)L^ Fujitsu to double m^*\ H su^e in 6 years India as summit begins $Jsr -mfl7^ Asean revenue If I PAGE 15 PAGE 5 PAGE 24 fgWj^^^gjjj^ PAGE 32
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  • TOP STORIES
    • Article, Illustration
      Lock icon S'pore firms best-placed to aid nation's quest to host Games
      403 2  -  NISHA RAMCHANDANI YOG Bid panel can benefit from their ties with consumers [SINGAPORE] Singapore is one of the five countries short-listed to host the Youth Olympic Games (YOG) in 2010. And Singapore companies are in a prime position to demonstrate
      403 words
    • Article
      Lock icon US welcomes FDI, but is mindful of security concerns
      674 2  -  VIKRAM KHANNA Foreigners must disclose whether buys are national security related [SINGAPORE] The United States welcomes foreign direct investment (FDI), but foreign investors and especially sovereign wealth funds must be aware that certain investments need special clearances because of national security
      674 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Volatile markets heightens forex risks for companies
        38 2 BUSINESS is tough. And now there's one more danger: heightened risk from volatile financial markets, where profits can be wiped out within days by foreign currency movements. TOP STORIES, PAGE 4
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      • Article
        Lock icon Market cap takes biggest dive in 6 years
        47 2 THE market capitalisation of Singapore-listed stocks fell 6.84 per cent in November to $789.5 billion, the biggest drop since the 11.7 per cent dive following the terrorist attacks in the US on Sept 11, 2001. COMPANY NEWS, PAGE 5
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      • Article
        Lock icon Genting buys stake in rival Rank: reports
        50 2 MALAYSIAN casino operator Genting has accumulated a significant stake in UK rival Rank, British newspapers said yesterday. Rank, which owns the Grosvenor Casino chain, has been tipped as a takeover target since a recent profit warning hit its shares. COMPANY NEWS, PAGE 7
        50 words
      • Article
        Lock icon Catalist rules tougher than AIM's to protect investors
        31 2 SGX's new Catalist will have strict rules ensuring that sponsors play a critical role in supporting their listed companies. COMPANY NEWS, PAGE 9
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      • Article
        Lock icon US mortgage industry fleshes out rate-freeze scheme
        50 2 MORTGAGE industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some US sub-prime mortgages for up to seven years, but questions remain over how to avoid investor lawsuits. ECONOMY WATCH, PAGE 13
        50 words
      • Article
        Lock icon Beware the anger of the dispossessed
        44 2 IT'S the sort of story to send shivers down your spine: property owners in Malaysia who suddenly wake up one day to discover they are in fact no longer the registered owners, owing to fraud. MALAYSIA, PAGE 17
        44 words
      • Article
        Lock icon Indonesia to use small refineries for Cepu oil
        47 2 INDONESIA plans to use three small refineries to process crude oil at the US$2.6 billion Cepu project where initial production of 10,000 barrels per day is expected in late 2008, the energy minister said on Friday. INDONESIA, PAGE 20
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      • Article
        Lock icon Japanese firms find India the most attractive
        41 2 INDIA has surpassed China for the first time as the most attractive long-term manufacturing base for Japanese companies, which are particularly keen on the auto sector, a survey revealed last week. INDIA, PAGE 21
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      • Article
        Lock icon China, Japan pledge greater cooperation
        43 2 CHINA and Japan amicably wrapped up their first high-level trade and economic talks on Sunday by pledging greater overall cooperation but left unresolved the touchy issue of gas exploration in the East China Sea. GREATER CHINA, PAGE 22
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      • Article
        Lock icon HK by-election: Democracy put to the test
        44 2 TWO of Hong Kong's most prominent women politicians faced off yesterday in a by-election seen as a test for the democracy promised when Britain handed the city back to China 10 years ago. GREATER CHINA, PAGE 22
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      • Article
        Lock icon Opec output hike may risk oversupply
        42 2 OPEC, the oil producers' group that pumps about 40 per cent of the world's crude, risks oversupplying the market if it decides to hike output at a policy meeting this week, analysts said. MIDDLE-EAST, PAGE 23
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      • Article
        Lock icon Focus on China, India as summit begins
        32 2 COAL-BURNING power plants belch pollutants into the air in China, contributing to global warming. In India, melting Himalayan glaciers cause floods. CLIMATE CHANGE, PAGE 24
        32 words
    • Article, Illustration
      Lock icon Volatile markets heighten forex risks for companies
      627 4  -  SIOW LI SEN Bankers say cost of hedging against FX currency risks, rate movements will rise [SINGAPORE] Business is tough. Not only do managers have to look out constantly for the competition, they must also watch out for new technologies that can make
      AP  -  627 words
    • Article
      Lock icon How S'pore companies can manage forex risks
      646 4 [SINGAPORE] Foreign exchange (FX) risks are a fact of life for Singapore companies going overseas, Francis Heng, chief financial officer of Singapore Telecommunications, said last month. His comment to reporters during SingTel's second-quarter results came amid reports of FX losses by a few
      646 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      129 2 i The Pinnacle Mark of your Career ~aj7~ The internationally accredited Gibaran DBA is the peak mark for any business professional. It is the Gibaran r graduate School mark of distniction which places you on the peak of business echelons of the business community. Gibaran is the first private Australian
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      201 2 people_ at Black belts WOrK wanted. www.thepeopleatwork.com Asia-Pacific Executive Search The Pain Relief Practice I [ggMM'Miim-iilWIHftJ-HJ In Shanghai since 1997 Company Incorporation Fast Relief for Persistent Neck, Back, Knee, Serving FIEs(SME/MNC/FortuneSOO) Accounting Payroll Processing and Other Joint Pains, Stiffness and Injuries /Proven track records' aCC°' /A^ts(PßC,lFßsVs^ternal) Using Cold Laser and
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  • Page 4 Advertisements
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      136 4 This announcement appears as a matter of record only tjTMC Educational Group Every Step With You TMC Education Corporation Ltd (Incorporated in the Republic of Singapore) (Company Registration Number: *****2945K) Renounceable non-underwritten rights issue of up to 47,764,800 new ordinary shares ("Rights Shares") at an issue price of 550.055 for
      136 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      301 4 Given the dynamics of the business environment, organizations are finding it an imperative to develop inclusive, collaborative work environments to ensure a high level of employee satisfaction and motivation. No longer is competence in the task adequate for the manager; the ability to direct and influence subordinates and peers in
      301 words
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  • COMPANY NEWS
    • Article
      Lock icon Market cap takes biggest dive in 6 years
      1110 5  -  ARTHUR SIM Value slips 6.84% to $789.5b last month in biggest fall since '01 US terror attacks THE market capitalisation of Singapore-listed stocks fell 6.84 per cent in November to $789.5 billion, the biggest drop since the 11.7 per cent dive following
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    • Article
      Lock icon To trust Hyflux or Hyflux's Trust?
      686 7  -  MATTHEW PHAN WITH Hyflux Water Trust (HWT) listing on the SGX today, investors might be asking themselves whether to buy the sponsor or the trust. Despite the plunge from a peak of nearly $4 in 2005 after it aborted joint ventures in Dubai, Hyflux
      686 words
    • Article
      Lock icon Genting buys stake in rival Rank: reports
      302 7 Reuters [LONDON] Malaysian casino operator Gentinghas accumulated a significant stake in UK rival Rank, British newspapers said yesterday. Rank, which owns the Grosvenor Casino chain, has been tipped as a takeover target since a recent profit warning hit its shares. A ban on
      – Reuters  -  302 words
    • Article
      Lock icon SCP director to become non-exec chairman in Dec
      139 7 MAINBOARD-LISTED Second Chance Properties (SCP) says its lead independent director Ahmad Magad will become non-executive chairman on Dec 1 for an initial period of three years. Dr Magad is group managing director of 11-IV Asia Manufacturing Operations, a company that specialises in
      139 words
    • Article
      Lock icon Catalist rules tougher than AIM's to protect investors
      566 9  -  WEE LI-EN It's harder for promoters to make a quick exit after listing: lawyer SINGAPORE Exchange's (SGX) new junior board Catalist has more stringent rules to protect shareholders compared to London's Alternative Investment Market (AIM), says Shook Lin Bok partner Robson Lee.
      566 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (Nov 30,2007)
      260 9 MATURITY YEAR RAISED COUPON DATE RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) REDEMPTION ISIN CODE YIELD P-a.) H.04.2008 N*****0S 2003 11/2 3800.00 1/10 1/4 60 99.83 2.00 SG********** H.07.2008 NX*****H 1998 5
      260 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      90 5 Excellent Investment Opportunity 1) D.OI Commercial Bldq. Lease 999 Yrs. GFA 4910 sq.ft. Built 3690 sq.m Plotapprox. 12.6 Monthly rental returns $128,000 2) D.09 7th storey Bldg. Lease Freehold Land 12,000 sq.ft./ Built 32,000 sq.ft Monthly rental returns $115,000 3) D.03 14 Conserved 2 V2 storey shophouses Area 22,129 sq.ft.
      90 words
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      638 5 Benefit from the growth of Singapore into the region's travel and leisure hub 1. Invest in DBS Go Notes 2 2 and you could enjoy potential returns of up to 10% p.a. 3 over 2 years Singapore is growing rapidly into the region's hub for travel and leisure. DBS Go
      638 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Investor focus on size of Fed rate cut and market reaction
      724 6  -  R SIVANITHY STOCKS THERE are really only two issues investors have to focus on over the next eight days or so, and one more for the weeks beyond that. The first one, short-term, is whether the US Federal Reserve
      724 words
    • Article
      Lock icon Oil prices slump after run at US$100 per barrel
      480 6 -AFP COMMODITIES [LONDON] Oil prices plunged last week on easing supply concerns despite coming close to breaching US$lOO per barrel last Monday, analysts said. Since striking record highs above US$99 the previous week and reaching U5599.11 last Monday, prices have dived
      -AFP  -  480 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      817 6 Legends: US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ab) Cash/Bonus; (ad) Cash/Bonus Tax Exempt (One-Tier); (af) Dividend/Distribition; (ai) Final; (am) Final Special Tax Exempt (One-Tier); (an) Final Tax Exempt; (ao) Final Tax Exempt (One Tier); (au) First and Final;
      817 words
    • Article
      Lock icon Asian currencies mixed against US$
      365 6 ■AFP CURRENCIES [HONG KONG] Asian currencies ended the week mixed against the dollar on hints that the United States may cut interest rates again when the Federal Reserve meets on Dec 11. Japanese yen: The yen fell back against the dollar over the past week
      ■AFP  -  365 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1879 6 Source: Reuters lompany name Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price \llco Commercial REIT 1.60 1.60 5 5.49 15.76 1.56 0.87 Jlgreen Prop Ltd 3.20 3.10 10 9.24 16.89 1.74 1.61 .mara Hldgs 1.67 1.67
      1,879 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 6 Nov 30 VALUE CLOSE -554.00 +329.0 BT OB/OS BT CADI -*****.00 +74.00 BT 10-day MA -*****.00 -55.00 All-SG Equities 969.61 +12.88 SG Equities Elect 101.25 -1.34 SG Equities Fin 2415.66 +35.87 SG Equities Prop 1382.65 +8.56 SiMSCI 427.11 +4.26 SiMSCI Future 427.20 2.90 PrimePartnersCI 263.09+ 13.18
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 310,312,000 Gen Intl 235,415,000 Centillion 174,805,000 UOB MBL eCWOBO4O4 147,462,000 Yangzijiang 130,222,000 China Hongxing 120,932,000 Sing Tel 111,651,000 Chart SemiCond 109,192,000 STXPOKWIOO 102,822,000 DBSMBLeCWOBOSO2 96,953,000 VALUE(S) DBS Grp 1,017,816,044 UOB 733,492,223 Capita Land 594,596,294 Golden Agri 564,867,960 SGX 451,076,792 Sing Tel 420,748,140 Keppel Corp
      60 words
    • Article
      Lock icon RISES
      104 6 BY CENTS CLOSE UP 2090 300.0 16.8 Jardine C&C JMH 2780 260.2 6.9 China H 10US$ 2200 231.3 7.I JSH 1600 187.9 8.8 SGX 1410 180.0 14.6 Cosco Con 710 120.0 20.3 DBSGri 2010 110.0 5.I Con 1340 100.0 8.1 UOB 1980 100.0 5.3 Ci 1440 70.0 5.1 BY
      104 words
    • Article
      Lock icon FALLS
      105 6 BY CENTS CLOSE DOWN 7940-130.1 -1.1 GLD 10US$ SembMar RBeCW*****3 70 -87.0 -55.4 CoscoCori IBLeCW***** 103 -33.0 -24.3 SPC 760 -30.0 -3.8 Wilmar DBeCW*****4 36 -29.5 -45.0 STI 3400SGAePW*****0 33 -28.5 -46.3 Yam ianDBeCW***** 0.5 -28.0 -98.2 YHS 221 -25.0 -10.2 SC Global W*****0 168 -22.0 -11.6 Wilmar RBeCW/*****7
      105 words
    • Article
      Lock icon CURRENCIES
      85 6 where s$ stands Nov 30 CHNG CLOSE FR Nov 29 YR 2007 S$ LOW S$ HIGH USS 1.4458 0.00 1.5479 1.4363 Euro 2.1333 -0.05 2.1639 1.9913 Pounds 2.9890 -0.11 3.1194 2.9323 AS 1.2824 -0.45 1.3555 1.1741 Yen* 1.3137 -0.02 1.3821 1.2285 Rupiah* 0.***** -0.10 0.***** 0.***** Baht* 4.2729 -0.04
      85 words
    • Article, Illustration
      Lock icon Lowest PTB stocks rebound most
      1357 8  -  TEH HOOI LING SINGAPORE shares snapped a seven-week losing streak after US Federal Reserve chairman Ben Bernanke signalled that he may cut interest rates. The Straits Times Index climbed 5.9 per cent, its biggest surge since the week ended Aug 24. However, the UOB Sesdaq
      1,357 words
    • Article
      Lock icon Buying among directors, shareholders stays high; sales still low
      1408 8  -  ROBERT HALILI INSIDE MARKETS THE buying among directors and substantial shareholders remained high while the selling activity stayed low based on filings on the Singapore Exchange in the last week of November. A total of 180 acquisitions were recorded by 61
      1,408 words
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  • Page 7 Advertisements
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      127 7 LUXURY TOURS TRAVEL PTE LTD xi^d IPltok\ The Leading Operator \MvmJinsmwU) Established since 1985 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxturasingnet.com.sg Subsidiary:! UXUHYCOACHSFHVICF Website" www luxury CLtm SO Member oi NATAS 40 coaches available for charter Singapore Malaysia fj i^B^fi^^^^^^^^^B MF '?sSaater Coaches 1'
      127 words
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      283 7 "D/^ 4-V%/^ As a trained actuary, Trained in With specialized "jr^ lr^ lam an expert in quantitative finance, knowledge in risk actuarial risk management, I excel in management, I work on creating models to structuring, evaluating sophisticated models M analyse future financial and trading new to assess and manage m
      283 words
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  • Page 9 Advertisements
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      136 9 TIFFANY&CO. Just Published Tiffany's holiday business gift catalogue offers hundreds of memorable ideas to express your thanks. Now is the time to remember trusted employees and valued clients. For your copy, please call 6735 1848 or visit a Tiffany store. Tiffany Co. SINGAPORE RAFFLES HOTEL ARCADE TAKASHIMAYA S.C. CHANGI AIRPORT
      136 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon YES, GAME FOR IT
      2570 10 THIS WEEK'S TOPIC Does your organisation support Singapore's bid to host the inaugural Youth Olympic Games in 2010? What can your organisation, and Singapore firms generally, do to show their support for Singapore's bid? Su Guaning President Nanyang Technological University NANYANG Technological University is supporting Singapore's
      STOCKXPERT  -  2,570 words
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      195 11 voice over IP Leaving your desk shouldn't mean being disconnected. Using Voice Over IP technology at 5,000 WiFi hotspots islandwide, the Nokia E5l device puts the power of your jiß H^ desk Ph°ne in y°ur pocket. So you can keep your teammates fi^^^^^El in the loop, stay in the know,
      195 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Transformed Mt Faber eyes MICE business
      757 12  -  LYNETTE KHOO It hopes to double capacity before Sentosa facilities come onstream By AFTER a major revamp in 2004 that saw Mount Faber transforming from a cable car station to Singapore's second most visited paid tourist attraction, Mount Faber is now eyeing the meetings,
      757 words
    • Article
      Lock icon SBI launches instant online rupee remittance facility
      297 12 THE State Bank of India (SBI) yesterday launched an "instant transfer" facility for rupee remittances from Singapore to about 10,000 bank branches in India. The facility will enable remittances to be immediately credited to accounts in nearly 6,000 branches of SBI and some
      297 words
    • Article
      Lock icon EVENTS LISTING
      220 12 DATE/ TIME EVENT VENUE 3-4 Dec 07 9.00am Measuring PR and Corporate Communications Workshop Grand Plaza Park Royal City Hall 4-5 Dec 07 9.00am Speak English with Confidence SMU 5 Dec 07 3.30pm ISEAS Seminar on Russia's Defence Cooperation with Indonesia: Implications for South-east Asian Security ISEAS Seminar
      220 words
  • Page 12 Advertisements
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      295 12 ST7OI Workshop: (Marketing Stra forSuccess ►14 December 2007 (Fri) 9am spm SPH News Centre How can your website be unique and offer a different experience from other websites of your competitors? How can you take advantage of the tremendous potential of the web as a marketing medium? Learn the skills,
      295 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Outsourcing city a fertile ground for innovation
      856 13 ■NYT An entrepreneurial culture that spawns start-ups is taking root in Bangalore [BANGALORE] Sumit Jain wanted out of Khatauli, a down-on-its-luck hamlet in northern India. When his father made him work at the family store, he sat at the counter poring over books,
      ■NYT; BLOOMBERG FILE PHOTO  -  856 words
    • Article, Illustration
      Lock icon US mortgage industry fleshes out rate-freeze scheme
      724 13 Reuters Plan may offer relief of up to 7 years for some sub-prime loans [WASHINGTON] Mortgage industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some US sub-prime mortgages for up to
      Reuters; AFP  -  724 words
    • Article
      Lock icon China urges foreign firms to list in mainland
      162 13  -  Xinhua [BEIJING] China encourages overseas firms and Hong Kong-listed domestic companies to go public in the mainland market, said top securities regulator Shang Fulin last Saturday, as the country seeks to enlarge the capacity of its capital market. "We wish they could
      162 words
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      24 13 II V^^^^l it'i^m ~t";^m~t7ig*"i^^^jKiPi.^i^Bm^B?^u^^Hnjr"_i I I lI|L <l iij I i j L^^^^^^B Samsung Übisync Monitors 940UX/226UX s™kn^ m *i*ted.o2oo7s™ mß ße*x,ic a co.Lid.
      24 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Savour an ab-fab treat
      538 14  -  Jaime Ee PROMOTION Szechuan Court, Raffles The Plaza, 80 Bras Basah Road. Tel: 6431-6156 IF you constantly marvel at the way dried out, hard-as-rock mollusc can be slowly braised into velvety smooth and subtly chewy abalone, then remind yourself of this delicious process with a meal
      538 words
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      53 14 THE COMPLETE MIND BODY GUIDE FOR WOMEN I BLAST A *Thel ■MORE I %^A I Holiday I If (\a r Survival I \r\ l Guide I IN LESS TIME Bm^MM Outlook I I bright I I h| fl I fl mI given the :|flj booming m§ oil refinery =|*fc building
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  • DINING OUT WITH citi bank
    • Article, Illustration
      Lock icon S'pore has added spice to his life
      756 15  -  JAIME EE POWER Lunch SOON after he arrived for his new posting in Singapore early this year, German native Reinhold Carl was invited to dinner at a Chinese restaurant. "They gave me chopsticks," he remembers. "I went home hungry that night." The dining
      ARTHUR LEE  -  756 words
    • Article, Illustration
      Lock icon A mix of classic faves, trendy eats
      577 15  -  Cheah Ui-Hoon NEW RESTAURANT Treasure Court #01-06/10 Millenia Walk Tel: 6338 1160 TREASURE Court may be a new restaurant, but its name and menu reflects Old World China. According to the restaurant, the dishes were devised according to the literal translation of the
      577 words
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      39 15 Indulge in over 600 gourmet pleasures with your Citibank credit card. For more details on the privileges, log on to citibank.com.sg I o -OC>s 7 ei Your Citibank guide to gourmet pleasures this week I^-J IX -,^\< j 1 1
      39 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Tell-tale signs of the times
      678 16 CHEN HUIFEN looks at some less obvious indicators and explains their role in gauging the course of an economy IN this section last week, we talked about economic indicators that can have a bearing on a nation, noting that industry trends and company outlook are
      678 words
    • Article, Illustration
      Lock icon Victory against the odds
      987 16 CAMPUS LIFE Students tackle real-life boardroom issues with tenacity and professionalism, writes SERENE CHEONG IT was sweet victory for a group of undergraduates from the Nanyang Business School (NBS) as they edged out seven MBA teams to emerge champions at the prestigious International Business Strategies Challenge
      ARTHUR LEE  -  987 words
    • Article
      Lock icon Be smart with your finances
      204 16 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 16 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Beware the anger of the dispossessed
      661 17  -  PAULINE NG MALAYSIA INSIGHT Registered landowners need to feel that their rights are protected IT'S the sort of story to send shivers down your spine: property owners who suddenly wake up one day to discover they are no longer the registered owners because of
      661 words
    • Article, Illustration
      Lock icon Government to review gas, electricity tariffs
      292 17 Reuters Cost of subsidies soar on rising global energy prices [KUALA LUMPUR] Malaysia will review gas prices along with the electricity tariffs and only after considering the impact on consumers and state power firm Tenaga, Deputy Prime Minister Najib Razak was quoted as saying.
      – Reuters  -  292 words
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      246 17 The Romanian Economic Mission in Singapore 07 December Singapore Chinese Chamber of Commerce and Industry The delegation will meet SCCCI members to promote trade,tourism and investment opportunities. Areas of interests include: Mechanics and machine tools trade Import and Export of food products Export of Wines Design and Architecture Tourism For
      246 words
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  • INDONESIA
    • Article
      Lock icon Indonesia to use 3 small refineries for Cepu oil
      537 19 Reuters It plans to install 3 portable refineries with capacity of 6,000 bpd, says energy minister [JAKARTA] Indonesia plans to use three small refineries to process crude oil at the US$2.6 billion Cepu project where initial production of 10,000 barrels per
      Reuters  -  537 words
    • Article
      Lock icon Bumi to spend US$1.5b to increase output
      465 19 Bloomberg It will invest in iron ore, gold, copper and coal projects [JAKARTA] PT Bumi Resources, Indonesia's biggest coal producer, may spend as much as US$l.5 billion in the next four years to almost double production of the fuel and invest in its
      – Bloomberg  -  465 words
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      241 19 Only the best will I BE IN THE SPOTLIGHT AT i THE SINGAPORE BUSINESS I Awards 2008 BUSINESSMAN OF THE YEAR AWARD OUTSTANDING CHIEF EXECUTIVE AWARD OUTSTANDING CHIEF SENIOR EXECUTIVE (OVERSEAS) AWARD ENTERPRISE AWARD NOMINATE THE WINNERS NOW. THE SINGAPORE BUSINESS AWARDS BUSINESSMAN OF THE YEAR AWARD OUTSTANDING CHIEF SENIOR
      241 words
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      Lock icon Page 19 Advertisements Column 2
      79 19 I |W| <Tm r r IF 1071 I^T ?> w. dream! I SSng V*, GREEKS I Makeup %W IDEAS I Looks <>•• Ifal Gorgeous Our Guide* jtfl gowns,exquisite ■To This I jewellery, chic Season's 1 accessories I Prettiest &more! I EACK H^L .^1 the veil IV PITXI^ I H REAL
      79 words
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  • INDIA
    • Article
      Lock icon Japanese firms find India the most attractive
      359 20 -AFP Survey shows 70% believe India will be a better manufacturing base than China in ten years TOKYO] India has surpassed China for the first time as ;he most attractive long-term manufacturing base for Japanese companies, which are particularly keen on the luto
      -AFP  -  359 words
    • Article, Illustration
      Lock icon US$1b expected for new cricket league rights
      514 20 Bloomberg [MUMBAI] The Board of Control for Cricket in India (BCCI), the sport's richest national body, expects revenue of US$l billion in the next 10 years from selling the rights to manage teams in its Twenty2o Premier League. The board has received more
      Bloomberg; REUTERS  -  514 words
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      678 20 Location: Toh Tuck Avenue Old Ton Tuck Road Land area 10,190sqm Usage B1 Logistics Tenure 30 years For more information, please call JTC at 1800-568 7000 or refer to our website at http://www.jtc.gov.sg CorporaHon FORM 55 [Rule 112) NOTICE TO CREDITORS OF MEETING IN THE HIGH COURT OF THE REPUBLIC
      678 words
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      56 20 mUjgjU Treat yourself to incredible rates j§Jß| at Millennium and Copthorne B JTjffßß Group of Hotels. 55 SiSilSp Exclusively with all American Express® Cards. Hi II HißiiiiP iii |||i| Jjffjfrtifflfpjf|ifj|^^ MILLENNIUM COPTHORNE ■T'rrT'i!! INTERNATIONAL |S<RRESS Km ore Ae Centre of Our World For more offers on travel, dining and retail
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  • GREATER CHINA
    • Article
      Lock icon HK by-election: Democracy put to the test
      448 21 -AFP ANSON CHAN v REGINA IP [HONG KONG] Two of Hong Kong's most prominent women politicians faced off yesterday in a by-election seen as a key test for the democracy promised when Britain handed the city back to China 10 years ago. Officially,
      -AFP  -  448 words
    • Article, Illustration
      Lock icon Stanley Ho makes record bid for white truffle
      299 21 -AP [FLORENCE] A Macau casino mogul bid a record U*****,000 at auction last Saturday for a giant white truffle dug up in Tuscany, organisers said. Billionaire Stanley Ho made the winning bid for the 1.497 kg truffle during an auction staged simultaneously
      -AP; REUTERS  -  299 words
    • Article
      Lock icon China, Japan pledge greater cooperation
      439 21 -AP Trade talks hailed as successful but issue of gas exploration in East China Sea left unresolved [BEIJING] China and Japan amicably wrapped up their first high-level trade and economic talks yesterday by pledging greater overall cooperation but left the touchy issue of gas exploration
      -AP  -  439 words
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      238 21 TVfj^—^<-—^Tv A -roVota openS va s au*orlsed -fo^ Tft 3 tor"arUetSU ff *sJyß^ 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
      238 words
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Opec output hike may risk oversupply
      643 22 -AFP But leaving output quotas unchanged could send oil prices to fresh record highs [LONDON] The Organisation of Petroleum Exporting Countries (Opec), the oil producers' group that pumps about 40 per cent of the world's crude, risks oversupplying the market if it decides to
      -AFP; AP  -  643 words
    • Article
      Lock icon Bahrain warns banks over currency pressure
      372 22 Reuters [DUBAI] Bahrain accused foreign banks of unethically piling pressure on Gulf currency pegs and warned it would "take action" against anyone targeting its dol-lar-pegged dinar, a magazine reported, citing the central bank governor. Bahrain cut interest rates last week to deter bets on
      – Reuters  -  372 words
    • Article
      Lock icon PRIME LENDING RATES
      396 22 BANKS ABN AmroßankNV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5
      396 words
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  • FOCUS: CLIMATE CHANGE
    • Article, Illustration
      Lock icon All eyes on China, India as summit begins
      728 23 -AP The two economic giants are major contributors to pollution, global warming [BALl, Indonesia] COAL-BURNING power plants belch pollutants into the air in China, contributing to global warming that experts say has destroyed billions of dollars in crops. In India, melting Himalayan
      -AP; Source: Reuters  -  728 words
    • Article
      Lock icon US, EU propose tariff cuts on green goods
      298 23 Bloomberg End of trade barriers may spur use of green technologies [GENEVA] The US and the EU have proposed eliminating tariffs worldwide on solar, wind and related technologies to spur their use and reduce global warming. The proposal, made at the World
      ± — Bloomberg  -  298 words
    • Article
      Lock icon Developing countries to propose adaptation fund
      346 23  -  Xinhua [JAKARTA] Senior officials from the developing countries grouped under G-77 will propose setting up an adaptation fund mechanism that is transparent, accountable and easy to access, officials said in Bali. The agreement on this was reached last Friday during a meeting ahead of
      346 words
    • Article
      Lock icon Tropical climate creeping towards poles
      333 23 AFP [PARIS] The greenhouse effect is causing Earth's zone of tropical climate to creep towards the poles, according to a study released yesterday. The poleward expansion of the tropics will have far-reaching impacts, notably in intensifying water scarcity in the Mediterranean and the US "Sun
      AFP  -  333 words
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      2368 23 ISI SEMITECH ELECTRONICS LTD fch 3U (Incorporated in the Republic of Singapore on 27 December 1986) (Company Registration No. *****2949M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Semitech Electronics Ltd (the "Company") will be held at Paramount Hotel, Gallery Room, Level 4,
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  • WORLD
    • Article, Illustration
      Lock icon US deal on fuel efficiency rules
      643 24 -AP Bill will stipulate average 35 miles per gallon for new vehicles from 2020 [WASHINGTON] The groundbreaking deal in Congress to raise mile-per-gallon standards will compel the auto industry to churn out more fu-el-efficient vehicles on a faster timeline than the companies wanted, though
      -AP; AP  -  643 words
    • Article
      Lock icon Moody's may cut ratings on Citigroup's SIVs
      264 24 Bloomberg Net asset value of the USs64.9b SIVs drops to below 60% [NEW YORK] Moody's Investors Service may cut the top ratings on six of Citigroup's seven structured investment vehicles (SIVs) as part of a review of US$l3O billion in SIV debt. The
      – Bloomberg  -  264 words
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      Lock icon Three leading yachts open up small lead
      465 24 AS the three leading yachts enter the Southern Ocean, it would appear they have managed to break away from the rest of the fleet and now Durban 2010 and Beyond, Qingdao and westernausP~alia2oll.com have opened up a small lead over the remaining seven
      Photo: ONEDITION  -  465 words
    • Article
      Lock icon Hedge funds bet on presidential race
      387 24 -AFP [WASHINGTON] Wealthy hedge fund managers closely guard their investment strategies, but mounting political donations reveal how some "hedgies" are betting in the crowded US presidential race. Hedge funds' campaign donations have skyrocketed in recent years as trading profits have ballooned and the industry
      -AFP  -  387 words
    • Article
      Lock icon India urges flexible China forex rate
      246 24 Reuters [NEW DELHI] China needs a more flexible exchange rate, and the United States must tackle its twin deficits if countries are to join together in mitigating risks to the global economy, India's finance minister said yesterday. China and India are contributing substantially to
      Reuters  -  246 words
    • Article
      Lock icon STOCKS ASIA
      2741 24 Transaction date: Nov 30 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day I0NG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific-100 Sank Of E Asia Seida Jade
      2,741 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Garuda to comply with EU standards
      512 25 Reuters It may seek advice from KLM to meet European air safety rules [JAKARTA] Flag carrier Garuda Indonesia may seek help from KLM Royal Dutch Airlines to comply with European Union (EU) air safety standards, Indonesia's Vice-President Jusuf Kalla said on Friday, which could
      – Reuters; BLOOMBERG  -  512 words
    • Article
      Lock icon Evergreen Marine to open new dock in China
      153 25 -AP [TAIPEI] Taiwan-based shipping company Evergreen Marine Group will soon inaugurate a newly built dock near China's Qingdao port, a Taiwanese newspaper reported yesterday. The US$3OO million investment launched two years ago is aimed at providing logistic support to Evergreen vessels sailing
      -AP  -  153 words
    • Article
      Lock icon US govt files lawsuit over oil spill
      459 25 -AP [SAN FRANCISCO] The Justice Department filed a lawsuit accusing the pilot and the Hong Kong-based owners of the container ship Cosco Busan of breaking environmental laws when the ship struck a bridge support in San Francisco Bay, spilling 58,000 gallons of toxic
      -AP  -  459 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        106 25 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.83 0.38 7.10 1.30 3.34 1.24 0.10
        106 words
      • Article
        Lock icon KLSE
        37 25 '000 lov Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.20 9.90 9.75 4.52 2.94 0.25 0.20 -0.01 0.15 unch -0.14 -0.02 0.01 unch 231 34' 216) 627' 10! r 261
        37 words
      • Article
        Lock icon BANGKOK
        12 25 '00 'recious Ship Regional Cont 27.50 29.00 -0.50 1.25 6381 631
        12 words
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        Lock icon HONGKONG
        12 25 i '000 Doil iingamas Cont .59.55 ...3.68 -0.55 0.19 1061 3221
        12 words
      • Article
        Lock icon PHILIPPINES
        22 25 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 47.00 unch unch unch 5.00 unch unch 729 3291 0 0
        22 words
      • Article
        Lock icon TAIPEI
        22 25 lov Evergreen Marine ....27.70 :irst Steamship 61.80 Wan Hai Lines 28.15 fang Ming Marine...25.10 1.80 4.00 0.60 0.20 3: 1! 1<
        22 words
      • Article
        Lock icon TOKYO
        36 25 '000 :awasaki Hvy Ind ..364.00 9.00 1520: :awasaki Kisen ....1315.00 65.00 ***** /litsubishi Hvy 535.00 26.00 5668! /litsui Eng&Sbldg...504.00 30.00 1943' /litsuiOsk Lines ...1651.00 88.00 1964} lippon Express 564.00 16.00 843: lipponYusen 956.00 6.00 *****
        36 words
    • Article
      Lock icon New York pays heavy price for flight delays
      641 25 -AP [NEW YORK] The growing number of delayed flights at Kennedy International Airport and the region's other major airports has cost passengers nearly US$2OO million in lost productivity this year, according to a report by the New York City comptroller's office. The
      -AP  -  641 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2315 25 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,315 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      242 25 CRYPTIC CROSSWORD ACROSS estimated time (7) _J _J _J Jfl _J _J _J 5 Retribution seems in order er's recovery (7) HH HJ HH HH HJ 10 Support American back on —HH HH HH—-HH HH HH HH 11 When mother's inside store mm mm HHHHHB HH 13 Undress bride -so
      242 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      228 26 tod name lose lange Allqreen 0.48 1.610 +0.010 Ascendasreit 0.83 2.330 +0.070 iComm 0.45 2.250 -0.030 Cai .and 4.46 7.000 +0.050 Cai litaMall 0.88 3.220 +0.020 Chart SemiCond 0.52 0.985 -0.075 Ci'Dev 2.70 14.400 +0.100 ComfortDelGro 1.31 1.910 +0.010 losco Coi 2.29 7.100 +0.650 Creative Tech
      228 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      107 26 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 13 3 2 0 0 0 13 3 2 Manufacturini 104 85 49 21 23 11 125 108 60 Commerce 41 21 20 10 51 27 25 /St. >r/C. ims 25 10 29
      107 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 26 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 113.645 113.645 580.020 580.020 Manufacture 1.661.690 379.745 2.041.435 2.007.647 74.213 2.081.860 Commerce 353.700 65.045 418.745 459.431 17.836 477.267 ir/< 600.438 5.867 606.305 1.667.663 3.666 1.671.32! Finance 234.158 180 234.338 2.595.049 42 2.595.091 Construction 296.104 143.834 439.938 98.104 17.125 115.229
      121 words
    • Article
      Lock icon SGX MAINBOARD
      8603 26 Week ended: Nov 30 Hi. Low Code Com| >anj Sale t'ooo) Hi. Low B'u] rer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 8 3148 STelecom 34 16.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 13.5 1100 AEM
      8,603 words
    • Article
      Lock icon SGX XTRANET
      70 26 52-Wk Tel High Low Code Last Sale Vol C000] Day Low Last Quote Div GrYld Net MCaj Buyer Seller C'vr P/E $mi Comi Hii 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170
      70 words
    • Article
      Lock icon SGX SESDAQ
      2171 26 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi >an< Hii 30 11.5 1181 AAGrp 41.5 20 5000 ABR Hldgs 31 21.5 8538 APStrategic 16.5 2.5 1501 Advanced System 70.5 15 1524 Alantac
      2,171 words
    • Article
      Lock icon CLOB INTERNATIONAL
      264 26 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      264 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 30 World Index Preliminan 1142.1 0.9 3.8 0.4 2.4 0.6 8.I EAFE Prel liminan 1134.4 1.2 2.4 0.4 4.8 0.6 11/ Euro[ Preliminan 1551.2 1.1 3.9 0.4 6.5 0.6 13.1 Pacific
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 27 As at 9am Nov 30 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2740 1.2880 Can dollar 1.4430 1.4600 Euro 2.1260 2.1500 NZ dollar 1.1060 1.1310 Sterlin ind 2.9740 3.0060 US dollar 1.4390 1.4550 Local dollars to 100 units of foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      159 27 Nov 30 Overnight 7/8 1-month 2 5/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 13/16 USS Offer 13/16 2 3/16 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.92 5.50 5.25 5.25 4.95 4.65 4.50
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 27 Nov 30 STI SIMSCI Dec 423.5 429.3 427.2 Taiwan Dec 333.9 338.7 337.9 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 27 Nov 30 Bid Offer 1-month 1.4414 1.4426 2-months 1.4384 1.4397 3-months 1.4361 1.4374 6-months 1.4291 1.4305 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 27 Nov 30 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2822 1.2835 0.8869 0.8872 Canadian dollar 1.4528 1.4543 1.0049 1.0052 Euro 2.1315 2.1334 1.4744 1.4747 NZ dollar 1.1161 1.1182 0.7720 0.7729 Sterlim ind 2.9849 2.9874 2.0647 2.0650 US dollar 1.4457 1.4467
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      350 27 Nov 30 URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 EUROYEN FUTURES 95.135 95.795 96.240 96.475 0 0 0 0 8586 ***** ***** 8986 3ec07 99.130 99.135 Vlar08 99.145 99.150 Iun08 99.150 99.160 iep08 99.130 99.135B 3ec08 99.075 99.090B Vlar09 99.030B Iun09 >ep09 EUROYEN LIBOR FUTURES 99.130 99.140A 99.145
      350 words
    • Article
      Lock icon SICOM FUTURES
      285 27 Nov 30 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 353.25 354.75 356.25 357.25 362.00 364.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      285 words
    • Article
      Lock icon CHICAGO BOT
      105 27 Nov 30 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1080.00 1098.00 1095.00 1075.50 Mar 08 1097.50 1115.00 1112.00 1092.00 May 08 1106.00 1122.25 1120.50 1100.50 Jul 08 1107.00 1125.00 1123.00 1103.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low ih/Low Dec 07 45.64 46.20 45.92
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 27 CRUDE OIL PRODUCTS Nov 29 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 91.64 0.57 WTI (Near Mth) 91.05 -0.33 Dubai (1-Mth F) 86.36 -0.3 Tapis blend 96.85 -0.4 Minas 93.15 -0.3 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 93.65 113.00 -0.45 -2.1 USS/barrel Opec Oil
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    • Article
      Lock icon INTERBANK CROSS RATES
      447 27 Nov 30 Australia 0.883 6.553 0.602 6.909 35.180 83.165 0.978 8.171 2.980 1.148 54.474 37.939 1.283 6.043 0.993 28.618 30.022 0.430 0.887 Canada 1.133 7.424 0.682 7.828 39.861 94.231 1.108 9.258 3.377 1.301 61.722 42.987 1.454 6.847 1.125 32.425 34.017 0.487 1.005 China 0.153 0.135 0.092 1.054
      447 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Nov 30 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****F 28.02.08 1-Year BY*****A 29.09.08 2.22 2.16 2.15 2.1 2.1 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
      88 words
    • Article
      Lock icon SIBOR
      76 27 Nov 30 1 mth 2 mths 5.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • Article
      Lock icon PALM OIL
      62 27 Nov 30 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Dec 07 2940 2925 2940 2916 58 2584 Jan 08 2943 2925 2946 2915 2723 ***** Feb 08 2949 2930 2955 2923 7582 ***** Mar 08 2948 2938 2956 2931 2315 8705
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    • Article
      Lock icon PRECIOUS METALS
      165 27 Nov 30 GOLD (USS/oz) Nov30 Nov29 GOLD BULLION COINS (SS) Sellim Hong Kong 795.50 804.50 796.50 805.50 Nov30 Nov29 London 782.30 798.80 783.00 799.50 Source: Reuters (SS) Selling Buying 1 oz 1291.49 1159 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $452.61 371 SILVER Selling Buying Bu rim
      165 words
    • Article
      Lock icon LONDON METALS
      70 27 Nov 30 iriti iiuiii, yy.i (USS/tonne) Close Previous Cash 2448.20 2450.00 3 months 2500.00 2504.00 Copper, Grade A (USS/tonne) Cash 3 months 6960.50 7000.00 6835.50 6880.00 Lead (USS/tonne) Cash 3067.00 3 months 3060.00 3006.00 3010.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
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    • Article
      Lock icon LIFFE
      81 27 Nov 30 Close Prev Hii ih/Low Dec 07 951 936 Mar 08 979 970 May 08 993 984 Jul 08 1008 999 954/936 985/968 997/983 1011/999 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2323 2323 2328/2125 Jan 08 1803 1825 1835/1800 Mar 08 1806 1824 1835/1800 May 08 1822
      81 words
    • Article
      Lock icon BOND & WARRANTS
      4012 27 BOND WARRANTS Pel lode Comi Last Sale +orVol Conv Exer C000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 32 -0.5 270 ArianeCorp Ltd W*****9 3 -0.5 2030 3798 Ascendas REIT SGA ECW*****3 15.5 4.5 ***** )092 Asia Environment W*****4 40 2 1368 3756 Asiatic Grp
      4,012 words
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      Lock icon Page 28 Advertisements Column 1
      2356 28 The Business Times uuu Shipping Times Destination Destination ffp=^Bltsl lilmHlbt^- '^g^i^W s~T'*J^";TI'S__i__B Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia t~Vi'f^^sEi-S^fil— EjjjjjSH P™™^^ MIDDLE-EAST SERVICE F.E./S.E.A SERVICE LjMpS*^*^^V^^3 Destination Destination |7| Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia B' lßftJ""^f rl M rffclMf iii^t—HF^ffi^ifelJ I Tramping for
      2,356 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      3872 29 WAN HAI INTERNATIONAL PTE LTD crn0 **********0/r I lit tti A CTirDM C* A. U IXTITU TTI I /<«* o<k TH S~tC/?■ %T T^\ iai>ii TEL*****588 (14 LINES) FAX:*****163 If\ ILi\l3 IIL JVIM Ci\K. L/lIMILK., LIU i||i N» J L*T f j K^S//??/!, VNNNWANHA IMFC Customer Service/Bookings DirertUne-(1800) *****200 H
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      5851 30 HSH H R H Hll Ipg andersenj M6s™s™l Ha«■* navigationgroupl HL^ir^lfl shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 f&&^\ NORTH WcbT bXrKbbb LINE umiKl »iuiiniiic owns operates the youngest fleet ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■^■■■■■■■■■■■^■■■■■■■■■PHHIHMHII MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaTEX AKAfflvAl DaTEX WITH l|aiaMMtt^Ji^UiMaUj*i^illtt*^^aii^MMa^tMi^affia^tMfaaMMii^Jll [VESSEL I VOY Singapore
      5,851 words
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  • BizIT
    • Article, Illustration
      Lock icon Fujitsu to double Asean revenue
      653 31 Over the next three years, it will ramp up its managed services business to combat shrinking hardware margins, writes ONG BOON KIAT FUJITSU, one of the world's top five server makers, has set a target to double revenues in its Asean markets over the next
      653 words
    • Article
      Lock icon Service-oriented architecture to soar in Asia
      401 31  -  ONG BOON KIAT THE service-oriented architecture (SOA) market in Asia, excluding Japan, is expected to grow at a strong compound annual growth rate (CAGR) of 40 per cent from 2006 to 2010, which will bring the market to US$2.2 billion by 2010, according to
      401 words
    • Article
      Lock icon Bringing the new Web to the enterprise
      640 31  -  BARRIE 001 <you say> WEB 2.0 tools like wikis, blogs, forums, RSS feeds, social bookmarking and podcasts have become well understood and widespread on the Internet. But in the business world, Enterprise 2.0, as these same tools are collectively called, has not been
      640 words
    • Article, Illustration
      Lock icon Sitex draws record 700,000 IT shoppers
      493 31  -  WINSTON CHAI OVER 700,000 Singaporeans journeyed east in search of the best gadget bargains at Singapore's final IT show for the year. Two halls at the Singapore Expo played host to endless queues of shoppers at the annual Sitex technology trade fair, bringing early
      EUGENE TANG/SINGAPORESIGHTS.COM  -  493 words
    • <what's up>
      • Article, Illustration
        Lock icon Accenture names new country MD
        66 31 ACCENTURE, the global consulting and services company, has named Teo Lay Lim as its new country managing director for Singapore. Ms Teo is a 20-year company veteran who has spent the last two years based in Shanghai, to establish Accenture's customer relationship management (CRM) practice
        66 words
      • Article
        Lock icon First Data, Standard Chartered set up JV
        67 31 FIRST Data Corp and Standard Chartered pic have announced Merchant Solutions, a joint venture that provides acquiring services to merchants in Asia. The Singapore-head- quartered company will deliver payments solutions to Standard Chartered merchant clients in India, Bangladesh, Brunei, Hong Kong, Malaysia, Macau,
        67 words
      • Article
        Lock icon Novell appoints Asean sales director
        46 31 NOVELL has appointed Tan Yeow Siong as its sales director for Asean (excluding Malaysia). Mr Tan, 44, is an 18-year technology industry veteran and ex-IBM staffer. Based in Singapore, he will lead Novell's sales team in the company's public sector business.
        46 words
      • Article
        Lock icon FedEx launches online billing system
        86 31 FEDEX Express, the global express transportation company, has launched a new Web-based invoice processing system in Singapore. Called FedEx Billing Online (FBO), it gives FedEx customers more control when managing invoicing activities, as well as the ability to access multiple FedEx online applications via a
        86 words
      • Article
        Lock icon Pitney Bowes opens regional HQ in S'pore
        78 31 MAILSTREAM solution provider Pitney Bowes has set up its regional headquarters in Singapore. Its new 325 square metre office in Keppel Towers will provide support to the company's other regional operations, in countries like Australia, China, Hong Kong, Japan, Korea, New Zealand, Thailand
        78 words
      • Article
        Lock icon Ericsson moves into Brunei
        62 31 TELECOMS equipment and provider Ericsson has set up a branch office in Brunei Darussalam. The office, which will house about 20 staff, will largely provide service and support to local mobile network operator and service provider DataStream Technology (DST), which is now working with Ericsson to
        62 words
    • Article, Illustration
      Lock icon S'pore companies on way to building green data centres
      864 32  -  AMIT ROY CHOUDHURY Study shows that the effort is part of corporate social responsibility goals A NEW study has revealed a welcome trend among Singapore and Asia-Pacific companies: they are more aware of the harmful environmental effects that large, power hungry
      864 words
    • Article
      Lock icon Three S'pore companies win at APICTA awards
      442 32  -  ONG BOON KIAT THREE local technology products an anti-document counterfeiting solution, a twist-and-remove power extension strip and an electronic locking system that can prevent the mishap of mixing different fuels in oil tanker trucks have won top accolades in a regional technology contest.
      442 words
    • what's new
      • Article, Illustration
        Lock icon Samsung doubles up on SIM cards
        71 32 BhMDhb being a stylish slider phone, Samsung's new SGH-DBBO also lets users slip two SIM cards into one phone great for those who want to separate their business from personal calls via two different mobile phone price plans and numbers. The phone features a
        71 words
      • Article
        Lock icon Logitech's Matrix surround sound
        87 32 HARNESSING a technology called the Matrix, the Logitech G5l 5.1 speaker system can create immersive surround sound from any audio source whether multi-channel or not. Users can choose from two Matrix conversion modes. One is meant for music playback, while the other is for game soundtracks.
        87 words
      • Article, Illustration
        Lock icon Lenovo targets budget hunters
        61 32 AVAILABLE now from 551,199 retail, the new Lenovo G4OO laptop is one for the budget-conscious laptop shopper. Finished in black, the G4OO features the Windows Home Vista Premium operating system running on Intel's Pentium Dual-Core T2OBO processor. It sports a 14.1-inch WXGA glossy widescreen display, inte-
        61 words
      • Article, Illustration
        Lock icon Hitachi, BlueArc partner on NAS
        86 32 IN a partnership with fellow storage vendor and OEM-partner BlueArc, Hitachi Data Systems (HDS) has announced two new network-attached storage (NAS) products, the Hitachi High Performance NAS Platform 2000 and Hitachi High Performance NAS Platform 2000 Nearline. The Platform 2000 is positioned as a file
        86 words
      • Article, Illustration
        Lock icon HP announces new workstations
        87 32  -  ONG BOON KIAT HEWLETT-PACKARD has announced the HP xw6600 and HP xwB6oo two upcoming workstations targeted at businesses that run computing-intensive applications such as soft- ware design, game development, scientific imaging and oil exploration. Both machines will be configured with two Quad-Core Intel Xeon processor 5400
        87 words
    • Article
      Lock icon Google to bid on mobile airwaves, enters wireless fray
      638 32 -AP [SAN FRANCISCO] Seeking to shake up the wireless industry, Google said on Friday that it was preparing to take part in the federal government's auction of radio frequencies that could be used to deliver the next generation of Internet and
      -AP  -  638 words
  • Page 31 Miscellaneous
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      156 32 iDA SINGAPORE Grid Services Provisioning Call-For-Collaboration Under the Intelligent Nation 2015 masterplan, IDA intends to develop an infocomm resource marketplace in Singapore, with industry participants provisioning software, compute, storage and other resources on a utility pricing model using grid as an underlying architecture. IDA launched a Call-For-Collaboration (CFC) for Grid
      156 words
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      112 33 \ttp Jp Bv JU' Fj /I I-V X//V*S^ v\ ill I j?jr^ Jj ——&gt;^ |o g—ti^H I Ik'- n .^^l BL2- Ph a'/jbl l^^fc^^ —■—"^^H &gt;Ji INITIATION INTO THE ART OF TIME PINK GOLD WATCH WITH CENTRE SECONDS AND DATE DISPLAY, EXCLUSIVE SELF-WINDING AUDEMARS PIGUET MOVEMENT. WATER-RESISTANT TO 20 METRES,
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