The Business Times, 6 December 2007

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Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg •ff* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 Thursday, December 6,2007
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  • Article
    Lock icon UK telco to buy S'pore company Frontline for $202m
    649 1  -  UMA SHANKARI Expanding aggressively in Asia, BT Group will pay 24.5 cents for each Frontline share [SINGAPORE] British telecom company BT Group will buy Singapore IT firm Frontline Technologies for $202 million to help beef up its presence in Asia, it
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  • Article
    Lock icon URA ends suspense with award of Marina View site
    562 1  -  KALPANA RASHIWALA MGPA's bid is about half the price it paid for plot next door [SINGAPORE] The Urban Redevelopment Authority finally awarded Marina View Land Parcel B to Macquarie Global Property Advisors (MGPA) unit MGP Kimi Pte Ltd yesterday, about three
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  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.00 INDONESIA 15.361 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 4.11 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      39 1 1COMP 1,427.77 +11.96 IIKKEI225 15,608.88 +128.69 IANG SENG 29,345.45 +465.86 ;et index Closed JAKARTA COM P 2,768.06 +15.11 IANILACOMP 3,648.71 +4.26 ;eoulcomp 1,938.20 +20.37 ;henzhen b 712.75 +16.16 IUMBAI IND 19,738.07 +208.57 12AM EDT Change 13,392.45 +143.72 )OW
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    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.447 (US$/S$ ier£) 2.050 2.967 ;URO(US$/S$/E) 1.472 2.131 'EN 110.60 76.40 3.345 2.311 IK$ 7.795 5.387 !AHT 30.52 21.09 lUPIAH 9,260 6,399 1ENMINBI 7.388 5.105 INDIAN RUPEE 39.45 27.26 1.150 0.795 IZ$ 1.313 0.907
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      56 1 ■N^M CHILDAID 2007 DEVELOPMENT BizlT %T? Snapshots from CHARGES Mobile phone payment wt-^ r; StSSil the concert Simpler rules from yet to take off _J| t ¥^**^$&2£~ Mm^MMMM PAG Esi4 f is January page 32 page 33 SPH to see significant boost to its profits from Sky@eleven property project. SPH
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  • TOP STORIES
    • Article
      Lock icon Corporates lacking in public accountability, survey finds
      752 2  -  MICHELLE QUAH Intergovernmental, non-governmental organisations do much better By I [SINGAPORE] Commercial businesses are not required to be accountable to anyone except their shareholders and to the law of course so it comes as no great surprise that a new survey shows them
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    • THREE-MINUTE DIGEST
      • Article
        Lock icon Citibank's scheme to woo office workers a big draw
        79 2 NOT content with the rapid expansion of its branch network in recent months, Citibank has been wooing office workers here by visiting them at work. More than 400 companies have now signed up for its Citibank at Work programme, compared with
        79 words
      • Article
        Lock icon SPH expects profit boost from Sky@eleven condo
        48 2 SINGAPORE Press Holdings is expecting a significant boost to its profits for this and the next financial year from contributions from its Sky@eleven condominium project, chairman Tony Tan said at the media group's annual general meeting yesterday. COMPANY NEWS, PAGE 6
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      • Article
        Lock icon Hong Fok to develop Orchard Rd site
        54 2 HONG FOX Corporation yesterday revealed plans for a commercial development on the combined site of its International Building property at Orchard Road and an adjoining 9,023 square feet plot along Claymore Hill that it plans to buy from the state for $62.35 million.
        54 words
      • Article
        Lock icon China's Ximeng Land wins coveted Sentosa Cove plot
        56 2 PEARL Island, the final bungalow plot at Sentosa Cove, was yesterday sold to the Singapore unit of China property conglomerate Ximeng Asset Holdings, which won the bidding with an offer of $215.65 million, which works out at $1,687.50 per sq ft per
        56 words
      • Article
        Lock icon Malaysia's export growth jumps 14.3% in October
        71 2 FOLLOWING eight months of tepid sales, Malaysia's export growth figures for October jumped 14.3 per cent year-on-year, confounding the 8 per cent estimate and taking pressure off the central bank to lower interest rates to check the ringgit's rise against the greenback. Going
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      • Article
        Lock icon China stocks in waning stages of bubble: mutual funds
        70 2 MUTUAL fund managers have had a good run with Chinese stocks, but some are now backing off, saying China's market is a bubble that will burst sooner rather than later. The Chinese market appears to be in the "later, waning stages
        70 words
      • Article
        Lock icon Simpler rules for deciding DC payment from Jan
        81 2 RULES on whether proposed building works will have to pay a Development Charge are to be simplified. The DC, which can be payable when land is redeveloped more intensively, is at present calculated using baselines set in the 2003 Master Plan, or
        81 words
    • Article, Illustration
      Lock icon Citibank's scheme to woo office workers a big draw
      526 3  -  CONRAD TAN Over 400 companies in Singapore sign up for its Citibank at Work account plan [SINGAPORE] Not content with the rapid expansion of its branch network in recent months, Citibank has been wooing office workers here by visiting them at
      JOHN HENG  -  526 words
    • Article
      Lock icon Stanchart sounds warning, takes on US$1.7b of SIV assets
      595 3  -  NEIL BEHRMANN USs46m written off, says there might be more STANDARD Chartered has taken US$l.7 billion of assets from a structured investment vehicle (SIV) that it manages onto its balance sheet and has written down US$46 million as a provision against
      595 words
    • Article
      Lock icon Mizuho Corp Bank to help develop S'pore LNG terminal
      461 3  -  RONNIE LIM [SINGAPORE] Japan's Mizuho Corporate Bank has been picked by the Energy Market Authority (EMA) to help in developing Singapore's Ssl billion LNG terminal, as well as in selecting a sole buyer for the liquefied natural gas. The project will
      461 words
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      Lock icon Page 2 Advertisements Column 1
      209 2 people a, Roaming WOrk Asia-Pacific. www.thepeopleatwork.com Asia-Pacific Executive Search TRADDICHANGE™ Connecting Businesses to the Global Trade Network Crimson Logic, together with the Value-Added Service Providers of TradeXchange®, congratulates the Singapore Government for the successful commission of r§Tilrj rS^L"~B TradeXchange®, thereby enhancing Singapore's competitiveness as a global trading hub. Launched in
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      152 3 vu LC Am MANUFACTURE DEPUIS 1858 The Presidents' Watch ■rV NXjV^" automatic u°°M W VULCANOGRAPHE Vulcanographe graphe Vulcain revisits one of the brand's historic complications: the Chronograph. Armed with a GMT function and Large Date with Power Reserve, the Vulcanographe is driven by the famous Vulcain self-winding Calibre V-50, a
      152 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI reverses 30-point loss
      558 4  -  R SIVANITHY STOCKS The UOB-Sesdaq Index gained 9.94 points or 4.7% while the Construction Index shot up by 4.1% TRADERS yesterday positioned themselves ahead of an expected Wednesday bounce on Wall Street, taking their cue from a rise in the US futures market and a sharp
      Bloomberg  -  558 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 4 Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 6 0 0 0 9 3 6 Manufacturing 123 34 38 24 13 147 38 51 Commerce 44 17 11 53 20 14 )t/Stor/Comms 20 14 24 14 Finance 15 15 Construction 13 21
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 4 MAIN SPQ TOTAL MAIN SDQ TOTAL Multi Ind 20,746 20,746 101,235 101,235 Manufacturing 555,952 152,950 708,902 596,817 31,277 628,093 Commerce 184,575 15,040 199,615 129,806 3,070 132,875 Tpt/Stor/Comms 96,524 2,418 98,942 294,827 1,763 296,591 Finance 49,978 49,978 424,975 424,975 Construction 101,984 32,838 134,822 27,571 4,493 32,064 Properties 109,454
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      223 4 tod name lose lange Jlgreen 0.45 1.550 \scendasreit 0.82 2.320 lapitaComm 0.45 2.260 la pita Land 4.38 6.950 +0.150 :apitaMall 0.87 3.200 +0.020 :hart SemiCond 0.52 1.010 -0.020 jtyDev 2.60 14.000 lomfortDelGro 1.27 1.870 +0.030 losco Corp 2.20 6.900 +0.150 Creative Tech 0.16 6.500 IBS Grp
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    • Article, Illustration
      Lock icon BROKERS' TAKE
      937 4  -  MATTHEW PHAN Best World International Nov 5 close: $0.86 CIMB-GK RESEARCH, Dec 5 PLANS to acquire a 51 per cent stake in Joymain. Joymain has a direct selling licence in Jiangsu. Consideration of the acquisition is 51 million yuan (Sslo million), of which 31 million yuan will be
      937 words
    • Article, Illustration
      Lock icon Greenback edges up in Asian trade
      476 4 -AFP CURRENCIES [TOKYO] The US dollar was higher in Asian trade yesterday with market participants looking for fresh leads, including interest rate decisions and key economic indicators, dealers said. But they said dollar-selling sentiment remained strong as the market was still struggling to gauge
      -AFP; REUTERS  -  476 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
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    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 4
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 4 Dec 5 VALUE CLOSE 389.00 +591.0 BT OB/OS BT CADI -*****.00 +243.0 BT 10-day MA -*****.00 +39.00 All-SG Equities 982.29 +14.23 SG Equities Elect 106.37 1.98 SG Equities Fin 2469.12 +9.56 SG Equities Prop 1379.48 +12.40 SIMSCI 431.45 +4.92 SIMSCI Futures 432.20 +7.10 PrimePartnersCI 266.83 +8.39
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 4 VOLUME Gems TV 87,673,000 China Honqxinq 67,474,000 El-Nets 63,500,000 ChinaNTown 46,751,000 Yanqzijianq 45,359,000 ChinaOMFld 43,119,000 Frontline 40,974,000 Sinostar 37,272,000 Armarda 36,364,000 Jade Tech 34,905,000 VALUE(S) DBS Grp 133,947,350 UOB 133,408,545 Yanqzijianq 92,648,035 Capita Land 87,685,180 Sing Tel 85,304,165 SGX 77,334,887 Keppel Corp 69,966,848 China Honqxinq 65,435,370 HK
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    • Article
      Lock icon RISES
      101 4 CLOSE UP China H 10US$ 2280 115.7 3.6 GLD 10US$ 7950 101.3 0.9 SIA 200 1850 50.0 2.8 ChinaFish 195 34.0 21.1 Venture Con 1350 30.0 2.3 CIMBAsean40 100US$ 995 28.9 2.1 NOL 430 24.0 5.9 Wilmar 468 24.0 5.4 ISMSCI India 100 960 21.7 1.6 DBS Gri 2070
      101 words
    • Article
      Lock icon FALLS
      106 4 BY CENTS CLOSE DOWN |ziiiaDBSeCW***** 4 -27.0 -87.1 'ani ioodi W*****6 52.5 -22.5 -30.' i PC 745 -15.0 -2.0 IMH 2780 -14.5 -0.4 ISH 1570 -14.5 -0.6 izra 330 -10.0 -2.9 uocoLand Ltd 545 -10.0 -1.8 lardine C&C 1960 -10.0 -0.5 IOB 2010 -10.0 -0.5 uocoLeisure 120 -9.0 -7.0
      106 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 4 Dec 5 CLOSE CHNG FR Dec 4 YR 2007 S$ LOW S$ HIGH USS 1.4475 0.03 1.5479 1.4363 Euro 2.1291 -0.37 2.1639 1.9913 Pounds 2.9540 1.44 3.1194 2.9323 AS 1.2589 0.57 1.3555 1.1741 Yen* 1.3124 0.08 1.3821 1.2285 Rupiah* 0.***** -0.28 0.***** 0.***** Baht* 4.3177 -0.94
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      219 5 »-:',4" fr %'&'JXk-"&?'"':'"'' Had* Br' i^l*jji:ft! iW; rP -f^SH BSE' T»b^ .TjffF **"*"tWßp J "J^^^^^^B /-jJh^^H^^l ***^Mr^^^^i H wE?" F tißlv **iSK-^r w Vjc jfelX Jf .^k^L^ Mi^ dreaMi* ho rue is lia, a garden, surrounded by flowers and greenery... v^^^^^^^^ /r^/7 scent In the vu.orninq alwaus, waters In vm,ij
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Sky@eleven will boost SPH earnings: Tony Tan
      559 6  -  CHOW PENN NEE Analysts estimate project to yield up to $450 m profit By SINGAPORE Press Holdings is expecting a significant boost to its profits for this financial year and the next from its Sky@eleven condo- minium project. In his speech at the
      FRANCIS ONG/THE STRAITS TIMES  -  559 words
    • Article
      Lock icon Be vigilant about asset bubbles: Jackson Tai
      485 6  -  CONRAD TAN Falling lending standards among key risks in Asia FALLING standards of lending due to intense competition among banks and "too much money" driving asset prices up are some of the main risks to Asia's financial industry, said outgoing DBS Group chief
      485 words
    • Article
      Lock icon Autron divests IC Equipment
      225 8 AUTRON Corporation, which is listed in Australia and Singapore, is making a divestment worth $5.1 million. The group yesterday said that it had signed agreements to divest the business and assets of its wholly owned subsidiary, IC Equipment Pte Ltd, and its 100 per cent equity
      225 words
    • Article
      Lock icon Hong Fok's Orchard site plans
      473 8  -  KALPANA RASHIWALA It plans to develop International Bldg site with $62m state plot it is buying HONG FOX Corporation yesterday gave a glimpse of its plans for a commercial development on the combined site of its International Building property at Orchard Road and an adjoining
      473 words
    • Article, Illustration
      Lock icon Tuan Sing names new CEO for unit in surprise move
      511 8  -  YEN SREENIVASAN Appointment signals imminent departure of Pan-West founder IN A move which points to the imminent departure of founder Loh Ah Joo from the golf retail chain he founded 37 years ago, PanWest's controlling shareholder yesterday announced the appointment
      FILE PHOTO  -  511 words
    • Article
      Lock icon Temasek puts US$1b in China fund: report
      156 8 Reuters TEMASEK Holdings is ploughing US$l billion into a new China-focused private equity fund set up by Goldman Sachs' China partner Fang Fenglei, The Wall Street Journal reported yesterday. Mr Fang chairman of Goldman's Chinese securities joint venture will set up a US$2
      – Reuters  -  156 words
    • Article
      Lock icon Not all bonus issues are good news
      720 8  -  WONG WEI KONG BONUS share issues are usually viewed positively. Investors welcome them and companies always present such issues as efforts to reward shareholders. And there have been no shortage of bonus issues on the Singapore Exchange (SGX) in recent months. At least
      720 words
    • Article
      Lock icon Citigroup revises share targets for 5 conglomerates
      493 10  -  CONRAD RAJ Depreciating US$, tightening credit markets among global risks ALTHOUGH American financial giant Citigroup thinks that the outlook for Singapore's conglomerates such as Keppel Corporation and SembCorp Industries is still "robust", it has scaled back on its target prices for their shares
      493 words
    • Article, Illustration
      Lock icon ST Electronics bags $36m Taipei subway contract
      299 10  -  MATTHEW PHAN THE electronics arm of Singapore Technologies Engineering (ST Engg) has won a $36 million contract to design and install communication systems for Taipei's Songshan and Xinyi mass rapid transit (MRT) lines. The systems will be integrated into existing systems of the
      299 words
    • Article
      Lock icon Swissco orders four vessels worth $18.5m
      332 10 SWISSCO International Ltd has placed orders for four more vessels worth $18.5 million. The orders for the four offshore support vessels were placed through its wholly owned subsidiary, Swissco Offshore Pte Ltd, the company said yesterday. The first order is for two identical units
      332 words
    • COMPANY BRIEFS
      • Article
        Lock icon SNF fires group financial controller
        89 10 SNF Corporation terminated the appointment of its group financial controller William Tan Yew Chee from Dec 4. A subcommittee set up by the company to investigate allegations made against Mr Tan has formed the view that he has been in breach of the terms of
        89 words
      • Article
        Lock icon Jurong Shipyard takes 70% stake in JSMET
        64 10 SEMBCORP Marine's wholly owned unit Jurong Shipyard has entered into an agreement to acquire a 70 per cent stake in Shanghai Jurong Marine Engineering Technology CoLtd(JSMET)for 1.75 million yuan (*****,000). JSMET undertakes design and drafting work assigned by Jurong Shipyard. It will also
        64 words
      • Article
        Lock icon Tri-M to combine Shenzhen plant ops
        68 10 TRI-M Technologies (S) Ltd will be consolidating its manufacturing operations in Shenzhen from two plants into one. The total cost of this exercise, including retrenchment and relocation costs, write-offs and other related costs, will be about $3.7 million. This wiU reduce the net tangible
        68 words
      • Article
        Lock icon F&N unit Kenton buys Capital Shine of HK
        52 10 FRASER and Neave says Kenton Assets Ltd (held through its joint-venture company Asia Pacific Investment Pte Ltd) has acquired the entire issued share capital of Hong Kong-incorporated Capital Shine Ltd, which has interests in food and beverage companies. The purchase price is
        52 words
      • Article
        Lock icon Uni-Asia to buy rest of Capital Advisers shares
        63 10 UNI-ASIA Finance Corporation is acquiring the remaining shares of its associated company Capital Advisers Co Ltd through a share swap. New Uni-Asia shares will be issued to all existing shareholders of Capital Advisers in exchange for the transfer of Capital Advisers to
        63 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      640 6 Inite Possibilities W^^9 About First Resources Limited Commenced operations in 1992, and is primarily in the cultivation N. of oil palms, harvesting of fresh fruit bunches from those trees and L^^^^^^^^^^^^^^^^^^^\ processing of crude palm oil and *> palm kernel. As of July 31, 2007, owned total I ITBSJ landbank
      640 words
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      56 7 V* v .JH Ew^^ JhH (■BK'*viCi s»* ■aW tWWEnWf iBl.'V-. jlnG s^~S w^ Classique Grande Complication Tourbillon and Perpetual Calendar 3755 PR Boutique Breguet now open Boutique Breguet, 328 North Bridge Road, #01-18 Raffles Hotel Shopping Arcade Singapore, Tel: +65 6338 6006 www.breguet.com PARIS CANNES GENEVA VIENNA LONDON NEW YORK
      56 words
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      382 8 Our qualified professionals W/Jk can assist you with offshore y structures, shelf companies uSla Ai^si and incorporations in ALL jurisdictions including: British Virgin Islands P^U^^^^^l Cayman Islands Bahamas 3^l Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts
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      59 9 MKMk fllfl Kris Flyer sin^^i PPS Club!^ Valid Thru Member Since U «r y 0 3 E express 31b2 *****0 ***** HP Valid Thru Member Since o v o a o o a express WILL 111 LEE f si *****96 sinGAPORE l/nirCi VCD W* ffif?^Nl AIRLinES I\l\lj>rLl tl\^^ 5S ♦Conditions
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      42 10 EnHMNMHI PPfP TrsErr yourssif to an extended BSBBBSBI //eekend //j-crj £rjdie:: vvlirh nil ArnaricEin Expra^^ Cards. Hfifll HHp^HH BBlfli if I i OYY lOOUIUI SB m& Hotels Resorts For more offers on travel, dining and retail in Singapore and overseas, visit www.amexselects.com.sg
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  • Page 11 Advertisements
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      1216 11 ADVERTORIAL Italmec: a firm grip on business The firm which manufactures and sells industrial manipulators celebrates its decade-long success in Singapore WHEN one thinks of Italy, what immediately comes to mind for most people are luxury brands such as Ferrari, Giorgio w H^M_______l *n_ Armani and Dolce Gabbana. However, the
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon Schemes to help SMEs go global
      664 12 IE Singapore partners with financial institutions to offer credit-booster plans for funding purposes, reports CHUANG PECK MING THE smaller boys are learning to run, and are venturing out farther. More small and mid-sized companies from Singapore are expanding overseas, prodded by International Enterprise Singapore,
      664 words
    • Article, Illustration
      Lock icon Edevices banks on 2 financing programmes
      607 12 EDEVICES Technology, which makes electronic parts for computers and sells RAM semiconductors, doesn't believe in putting all its eggs in one basket and sticks to this "philosophy" in diversifying its markets. "At any one time should the market decline in one area, we could
      607 words
    • Article
      Lock icon Enterprise Fund gives advice to eFusion too
      461 12 HERE'S one dot.com company that has not just survived the dot.com bust, but appears to have thrived. eFusion has grown from an upstart with fewer than 10 staff to a technology development and direct sales and marketing setup with over 180 employees on
      461 words
    • Article
      Lock icon Hire purchase plan enables Kinergy to cut costs
      288 12 IT pays to check the International Enterprise Singapore website. That's how Kinergy, a manufacturer of mi-croprocessor-controlled equipment for the semiconductor industry, recently came across the International Factors Singapore Hire Purchase Agreement scheme with UOB Bank. "It offers a better rate, which will
      288 words
    • Article
      Lock icon When traditional sources of funding aren't enough
      364 12 WITH the help of $3 million funding provided by the Enterprise Fund backed by International Enterprise Singapore, Wood Doctor has grown into a regional specialist in timber flooring. "Due to our fast rate of growth, traditional banking facilities were not sufficient, since banks
      364 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      128 12 X 2 Whether you are searching for products, services or business contacts, j^l Buy Singapore allows you to search, match and connect with suitable business Rfl IM 1 M I m IA J |I m I partners worldwide, hassle-free. Register now and get connected to unlimited buying and selling opportunities.
      128 words
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      47 12 **4 13 =r AL The Business Times SINGAPORE Singapore Singapore International a weekly industry-foamed series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
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  • SINGAPORE NEWS
    • Article
      Lock icon Tuas Power sale draws good initial response
      403 13  -  RONNIE LIM Potential buyers of Singapore's smallest genco include M'sian, Indian firms INITIAL response to the Tuas Power (TP) sale has been good, going by the information packs, or Memorandum of Information, sought by potential investors, BT understands. TP is the first of
      403 words
    • Article, Illustration
      Lock icon China's Ximeng Land wins coveted Sentosa Cove plot
      502 13  -  LYNETTE KHOO Record $215.65 m price for Pearl Island signals strong demand for luxury living: Sentosa Cove PEARL Island, the final bungalow plot at Sentosa Cove, was yesterday sold to the Singapore unit of China property conglomerate Ximeng Asset Holdings, which won
      502 words
    • Article
      Lock icon Asean Surprise Index ticks up in November
      330 13 THE Asean Surprise Index, which tracks how data in the region performs relative to consensus, saw an uptick last month, led by improvement in the Malaysia, Thailand and Indonesia indices. The monthly report was released by Goldman Sachs Economic Research. The index is
      330 words
    • Article
      Lock icon COE premiums plunge across the board
      288 13 Fall attributed to school holidays, lack of new models PREMIUMS for certificates of entitlement plunged across the board yesterday in what one motor industry veteran described as the school holiday syndrome. "Demand has been weak for some time and it was made worse when
      288 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Eisai opens research centre
        47 13 JAPANESE pharmaceutical firm Eisai Co yesterday announced the opening of its regional clinical research centre in Singapore. The company intends to strategically grow its clinical research operations in the region and bring more new products into the regional and global markets, it said.
        47 words
      • Article
        Lock icon UE unit bags Ang Mo Kio site
        47 13 THE Housing Development Board said yesterday it has awarded the Design, Build and Sell Scheme site at Ang Mo Kio St 52 to United Engineers unit Greatearth Developments. Its winning bid of $134.18 million works out to $212 psf ppr.
        47 words
      • Article
        Lock icon Medical Records Exchange
        105 13 THE Health Ministry yesterday said that with the extension of the Electronic Medical Records Exchange (EMRX), over 4,000 patients yearly at the community hospitals will be able to enjoy better patient care, improved drug safety, fewer repeat tests and hence lower costs. First off the block is
        105 words
    • Article
      Lock icon MDA, Science Centre to boost use of digital media
      233 13 THE Media Development Authority of Singapore (MDA) and the Singapore Science Centre Board (SCB) yesterday signed a memorandum of understanding (MOU) to promote greater awareness and use of interactive and digital media (IDM). Under the MOU, two permanent educational labs will
      233 words
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      170 13 Frustrated by slow network or Internet access in your office? Worried about the confidentiality and integrity of your data? Concerned about security when you transact over Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? How can you prevent your staff from installing unauthorised
      170 words
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  • CHILDAID 2007
    • Article, Illustration
      Lock icon A display of youthful talent
      697 14 THE Child Aid concert, held at the National University Cultural Centre last week, treated the audience to a display of talent among some of Singapore's youngest musical and dance prodigies. The youngest of them was eight-year-old Ethan Ong, a self-taught drummer who flew back from
      JOHN HENG  -  697 words
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  • ECONOMY WATCH
    • Article
      Lock icon India, Brazil are like teen drivers in WTO talks: US
      204 16 Reuters [WASHINGTON] Brazil and India have pushed their way to the "big table" in world trade talks and are struggling with the responsibility that it entails, like teenagers who have just gotten their driver's licence, US Trade Representative Susan Schwab
      Reuters  -  204 words
    • Article, Illustration
      Lock icon China to see sixth year of double digit growth
      268 16 -AFP [SHANGHAI] China will see a sixth consecutive year of double-digit economic growth next year, despite government efforts to bring about a slowdown, a government think tank was quoted as saying yesterday. Asia's second-largest economy is forecast to expand by about
      -AFP; AFP  -  268 words
    • Article
      Lock icon Credit crunch to dampen trade growth: WTO
      444 16 Reuters, Bloomberg Official says the real impact will come through next year [GENEVA] The global credit crunch will slow down growth in world trade next year, although it is too early to quantify the decline, a senior World Trade Organisation (WTO) official said
      ■ Reuters,; Bloomberg  -  444 words
    • Article
      Lock icon Fed looks for more measures to increase credit
      289 16 Bloomberg [WASHINGTON] Federal Reserve officials, who are forecast to lower their main interest rate next week, are signalling that they are looking for additional ways to increase credit to companies and consumers. The Fed may lower the discount rate what it charges
      ■ Bloomberg  -  289 words
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      1585 16 F7P A EZRA HOLDINGS LIMITED J^Z-jIVrV Co> Reg< No> *****141 IN (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezra Holdings Limited ("the Company"} will be held at Raffles City Convention Centre, 2 Stamford Road, Singapore *****2
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      2221 16 1 IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF ISOURCING PTE. LTD. THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 MEGA WORLD PRIVATE LIMITED [Company No. *****5247G] ASJ HOLDINGS LIMITED AND AND (Co. Reg. No. *****2856 C) IhJS^SL'S^JSPiSIf^S a* (Incorporated in the Republic of
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysia's export growth jumps 14.3% in October
      476 17  -  S JAYASANKARAN Stronger than expected numbers take away pressure to lower rates FOLLOWING eight months of tepid sales, Malaysia's export growth figures for October jumped 14.3 per cent year-on-year, confounding the 8 per cent estimate and taking pressure off the central bank to
      AP  -  476 words
    • Article
      Lock icon Countdown begins for Temasek appeals window
      384 17  -  LAUREL TEO i Deadline for companies could be as early as Dec 19 INDONESIA'S anti-competi-tive watchdog has finally issued the official written judgment of its recent antitrust ruling against Temasek, which means the final date of appeal for Temasek and its related companies could
      384 words
    • Article
      Lock icon Petronas H1 profit up 7.6%
      241 17 -Bloomberg, Bernama [KUALA LUMPUR] Petroliam Nasional Bhd, Malaysia's state oil and gas company, said fiscal first-half profit rose 7.6 per cent on increased earnings from its crude oil and liquefied natural gas production. Net income in the six months ended Sept 30 rose to RM29.4
      -Bloomberg, Bernama  -  241 words
    • Article
      Lock icon BURSA MALAYSIA
      2292 17 lee 5 RM COOO) \&M Realty 0.94 \bricBhd 0.28 \dvance Synergy 0.32 s,dventa Bhd 1.42 \eMulti Hldgs 0.28 Win Holdings 2.69 \hmad Zaki Resou 6.10 5,icCorp 0.75 ijrasia Bhd 1.88 \kn Messaging Te 0.18 \kn Technology 0.66 \lliance Financi 3.08 \luminium Co 1.21 \malgamated Ind 0.52 \minvestment Grp
      2,292 words
    • Article
      Lock icon Indonesian tyre makers expected to boost output
      151 17 Reuters [JAKARTA] Indonesian tyre-makers are likely to increase production by up to 7 per cent next year to meet growing overseas demand despite soaring crude and natural rubber prices, a senior industry official said on Tuesday. Car tyre production is expected to rise
      Reuters  -  151 words
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      30 17 Lianhe Zaobao 1 W\ at m^~^^^^^^^ I A sneak I preview of s I I Nokia's I I eco- I I friendly I handset ST U POST YOUR AD WWW.ST7OI.COM
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      483 17 Colorland Animation Ltd. COLORLAND ANIMATION LTD. (Incorporated in Bermuda with Limited Liability) NOTICE OF BOOKS CLOSURE DATE IN RELATION TO PROPOSED SHARE CONSOLIDATION The Board of Directors of the Company refers to the circular to the Shareholders dated 29 November 2007 (the "Circular"). Capitalised terms used in this announcement, unless
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  • Page 18 Advertisements
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      45 18 PH/l/PS HseH Powered by f lambi light rWt I LI KD V^/ sense simplicity Be seduced by the Philips AureaTV at: Best Denki Ngee Ann City, Vivo City Courts Megastore, BukitTimah Harvey Norman Millennia Walk, Parkway Parade Audio House Liang Court Mega Discount United Square
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  • GREATER CHINA
    • Article
      Lock icon Beijing to tighten monetary policy next year
      242 19 -AFP [BEIJING] China has decided to adopt tight monetary policies next year, marking the first change in its stance in a decade, state media said yesterday. Prudent monetary policies have been in place for the past 10 years, Xinhua news agency reported, suggesting
      -AFP  -  242 words
    • Article
      Lock icon China stocks in waning stages of bubble: mutual funds
      604 19 -AP Funds pulling money out of China shares but some still find buys in H shares [NEW YORK] Mutual fund managers have had a good run with Chinese stocks, but some are now backing off, saying China's market is a bubble
      -AP  -  604 words
    • Article
      Lock icon Suzuki aims to keep 50% India share 'for eternity'
      278 19 Reuters [TOKYO] The head of Japan's Suzuki Motor Corp said yesterday that the automaker would beef up its vehicle line-up and dealer network in India in a bid to keep a market share of at least 50 per cent "for ty""We
      Reuters  -  278 words
    • Article, Illustration
      Lock icon HOOPLA IN HOUSTON
      53 19 AP [HOUSTON] Chinese basketball players Yao Ming and his wife Ye Li huddling under umbrellas during a television commercial shoot here on Monday. The rain was created using an overhead sprinkler and afire hose for the China Insurance advertisement featuring the sports celebrities. Yao plays centre for
      AP  -  53 words
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      583 19 Business Traveller Germany Awards l^n W& Best Airline t0 the Far East and the .^^fl^^k i^^l lisll Pacific (Overall) 1^ .^^l^^ Best Airline for Safety, Cabin Crew, JK^^^ fek V^l Cabin Appearance, Cabin Comfort Haa K^ i I a I IA vi ift 111 iifl A A vjft^^^l I and
      583 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Saving rainforests a thorny issue at Bali climate talks
      540 20 Reuters Finding a scheme that fits all developing nations is the problem: WWF [NUSA DUA, Indonesia] Protecting tropical rainforests, which soak up vast amounts of greenhouse gases, is proving a real headache at UN-led climate talks in Bali, where delegates are
      Reuters  -  540 words
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      Lock icon Around the world with no petrol
      196 20 Reuters [NUSA DUA, Indonesia] Louis Palmer's taxi costs as much as two Ferraris, has a top speed of 90 kms per hour, yet could make history as the first solar-powered car to drive around the world. Mr Palmer, 35, a Swiss teacher who set
      – Reuters; AFP  -  196 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7741 20 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.032/ Star Europe Bond 1.23/ Star Europe Bal 1.24/ Star Asian Tiger Eqty 1.731/ Star Asia Bond 1.255/ Star Asia Balanced 1.089/ Star Global Technology Fund!" 0.23/ Multi St Fd 0.936/ Star Asia Bond(USD) 0.865/ Gib Multi St USD
      7,741 words
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      86 20 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors *-> company regn. no *****7169Z H YOUR LOCAL RARTNER FOR global OPPORTUNITIES rft^>^V»'J^'J^;r':*-;V-'ii^. ','''';%oisr>?£* V:*j&H^«ill|jiPa raHnwi With 60 years of experience, offices in
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  • WORLD
    • Article
      Lock icon High energy prices boost October factory orders
      509 21 ■AP LATEST US DATA Worker productivity soars at annual rate of 6.3%; wage pressures down [WASHINGTON] Orders to US factories unexpectedly rose in October although much of the gain reflected higher energy prices. The Commerce Department reported that orders advanced by 0.5 per
      ■AP  -  509 words
    • Article, Illustration
      Lock icon Halfway there
      230 21 THE Uniquely Singapore Clipper has slipped back down into sixth place. They are now almost even with Nova Scotia 70 miles behind the leader but a little further north. A somewhat lacklustre 12-hour run of 102 miles means they've slipped back in the placings and have lost 12
      ONEDITION |  -  230 words
    • Article
      Lock icon Oil jumps; Opec keeps supply unchanged
      417 21 Reuters [LONDON] Oil prices rose sharply yesterday after Opec agreed to keep output levels unchanged at its meeting in Abu Dhabi, despite consumer country demands for more oil to dampen prices now near US$9O a barrel. Nigerian oil minister Odein Ajumogobia said Opec had
      – Reuters  -  417 words
    • Article
      Lock icon Deutsche Bank CEO turns down Citigroup post
      235 21 Reuters TRANKFURT] Josef \ckermann, chief sxecutive of Deutsche Bank, has turned down an approach from Citigroup about taking the CEO job vacated last month by Charles Prince, the financial Times reported. Mr Ackermann told the world's biggest bank he was "not available" when
      – Reuters  -  235 words
    • Article
      Lock icon Investment banking fees in Asia-Pac rise 36% to US$11.7b
      354 21 Reuters ÜBS, Goldman, Morgan Stanley are top earners [HONG KONG] Investment banking fees in the AsiaPacific region rose 36 per cent to a record US$ll.7 billion so far this year roughly the gross domestic product of oil-rich Brunei with ÜBS and
      ■ Reuters  -  354 words
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      Lock icon Bush sticks to guns on Iran despite data tearing at his credibility
      556 21 Bloomberg, i, AFP [WASHINGTON] President George W Bush, his credibility under fire because of intelligence that Iran halted its nuclear weapons drive in 2003, adopted a new argument on Tuesday to justify tougher sanctions: just knowing how to
      – Bloomberg,; i, AFP; BLOOMBERG  -  556 words
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      Lock icon China preferred bidder for Myanmar gas: Daewoo
      278 21 Reuters [SEOUL] Daewoo International Corp has picked China as a preferred bidder for natural gas from its project in Myanmar, the South Korean company said yesterday. This confirms that China is at the front of a queue to grab gas that India and
      ■ Reuters; BLOOMBERG  -  278 words
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  • AVIATION
    • Article, Illustration
      Lock icon Ryanair to make 90m euro writeoff on stake
      373 22 Bloomberg Move caused by drop in Aer Lingus share price [LONDON] Ryanair Holdings pic, Europe's biggest discount airline, said that it will record a 90 million-eu-ro (*****.4 million) writedown against its stake in Aer Lingus Group pic after a decline in the
      Bloomberg; AFP FILE PHOTO  -  373 words
    • Article
      Lock icon MAS sees RMlb from MRO by 2010
      216 22 Bernama [LANGKAWI] Malaysia Airlines expects to achieve RMI billion (***** million) in annual revenue from maintenance, repair and Dverhaul (MRO) business by 2010, its senior general manager for engineering and maintenance, Mohd Roslan Ismail, said yesterday. For this year, it has targeted RM3OO
      ■ Bernama  -  216 words
    • Article
      Lock icon Lion Air facing acquisition hurdles
      270 22 Bernama [JAKARTA] Indonesia's private airline company Lion Air still has some difficulties in its acquisition of some domestic airlines in Australia, Hong Kong, Thailand, Bangladesh, Vietnam and Malaysia, state-run news agency Antara reported. Lion Air president Rusdi Kirana told newsmen in Langkawi that the obstacles
      – Bernama  -  270 words
    • Article
      Lock icon Odds of Alitalia landing a partner gets longer
      272 22 Reuters [ROME] A series of delays in self-imposed deadlines by Alitalia to identify a partner signals a struggle to put a palatable offer forward for the strike-prone carrier and the odds of a foreign partner are getting longer. On the block for
      Reuters  -  272 words
    • Article
      Lock icon Japan won't let investors control airports
      333 22 Bloomberg It may hold golden shares to ensure long-term stable operations: official [TOKYO] Japan's government, set to sell shares in Narita International Airport Corp, may prevent investors from taking a controlling stake to ensure long-term expansion. "We can't build another Narita, so we don't
      Bloomberg  -  333 words
    • Article
      Lock icon AirAsia orders 25 more A320 aircraft
      165 22 Bernama [LANGKAWI] The largest low-cost carrier in South-east Asia, Air Asia Bhd, yesterday ordered an additional 25 Airbus 320 aircraft, with an option for a further 25, at the Langkawi International Maritime Aerospace (LIMA) 2007 exhibition. The order will place the group Malaysia Air
      Bernama  -  165 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2408 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,408 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      382 22 CRYPTIC CROSSWORD ACROSS I Mineral covered in chemical R I Fj I BM/ I [5 I BM^ I P I I 3 Catch nothing about ab- BB BBBJ BB BB BB BB BJ stract style (2,3) g 6 Country loses a bit jutting out (4) H^^HJ HJ 8 Present-date mail
      382 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Cosco Pacific plans to double port spending
      617 23 Reuters Operator to invest up to USs6oom each year in terminals from 2008 to 2010 [HONG KONG] Cosco Pacific, the ports arm of China's largest shipping conglomerate, sees terminals as its growth driver and will double annual capital expenditure in ports to tap
      ■ Reuters; BLOOMBERG FILE PHOTO  -  617 words
    • Article
      Lock icon Hutchison unit loses tax appeal
      292 23 Bloomberg HK Int'l Terminals, HIT Finance must pay HKslb tax [HONG KONG] Hutchison Whampoa Ltd's Hong Kong port unit lost an appeal in the city's Court of Final Appeal against a tax ruling over a US$l.72 billion fund raising. The city's Inland Revenue Department was
      – Bloomberg  -  292 words
    • Article
      Lock icon Asian aframax rates rise to 8-month high on tanker shortage
      395 23 Bloomberg [SINGAPORE] Asian oil shipping aframax rates rose to their highest in eight months as demand for bigger tankers led to more hiring of smaller ships. The rate to transport 80,000 tonnes of fuel from Kuwait to Singapore rose 1.7
      Bloomberg  -  395 words
    • Article, Illustration
      Lock icon Maersk scales back its Asia-Europe network
      263 23 Bloomberg [COPENHAGEN] Maersk Line, the world's largest shipping line and a unit of AP Moeller-Maersk, said it is scaling back its Asia-Eu-rope network to offset the effects of port congestion and high bunker fuel costs. Four vessels will be added to the route, though
      Bloomberg; AFP  -  263 words
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      140 23 ZAP BID I FROM ONLY $10! I a^/"\lk I Home entertainment Projector EPSON FMP-TWn^ EXCEED YOUR VISION CIVIt I VV U J LIST PRICE: $2,241 ,mc, 7% gst, Jj 3n£'^fih/a^^ ■^^^BBlB^^^ [~Tjj"| Epson Will Donate 50% of the Highest Bid Price to The Straits Times School Pocket Money Fund PRODUCT
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      111 words
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      26 23 ONE $913 BEST DENKI GIFT CARD UP FOR GRAB THIS WEEK EXCLUSIVELY ON RADIO 1100% PURE FUN NEVER MORE THAN 2 ADS IN A ROW WWW.RADIO9I3.COM
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  • EDITORIAL & OPINION
    • Article
      Lock icon Hopeful signs at Beijing meeting
      512 24 TO dismiss the high-level economic dialogue that took place between China and Japan in Beijing last weekend as just another talking shop, like similar dialogues that China holds with the US and Europe, would be to miss an important point. The fact that Beijing and
      512 words
    • Article, Illustration
      Lock icon Does the 'Bernanke put' matter any more?
      1018 24  - Does the 'Bernanke put matter any more? LEON HADAR Critics argue that financial bailout policies encourage risky lending in the future IS IT fair to suggest that the US central bank is predisposed to "bail out" the financial markets? That is what critics of the Fed have charged, pointing out
      REUTERS  -  1,018 words
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      Lock icon Asians must rethink their investment model-fast
      860 24  -  ANTHONY ROWLEY THE BOTTOM LINE A REMARKABLE fact to emerge at a conference this week was just how little confidence Asian investors appear to have in their own region, and how great their faith is in the US as a safe haven for investment.
      860 words
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      Lock icon Back to school: Education pays off for Asian economies
      828 25  -  JAMES W ADAMS Increasing education levels account for over a third of growth in the top Asian economies during the past 30 years EDUCATION has long been a key ingredient of most Asian countries' growth strategies. Giving education priority has paid
      REUTERS  -  828 words
    • Article
      Lock icon Wall Street looks to India for analysts
      536 25  -  ABHAY SINGH SHAILENDRA BHATNAGAR Bloomberg EHIND frosted glass in rooms off-limits to anyone not cleared for access, analysts at research firm Copal Partners calculate company valuations, compile industry data and write case studies of past mergers. Their speciality is pitch books, the reports
      ■ Bloomberg  -  536 words
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      97 25 ZAP&BID FROM ONLY $10! Model Number: LCT-DI9MTO2ST AKIRA (with built-in DVD Player) rnmnnrt LIST PRICE: $649 Nna n V_,UI I I |JU L, I ~W xM built-in DVD m player within LCT-D19MT023" B l Entertainment has never been so compact before Note: Highest two bidders will win one set each.
      97 words
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      14 25 "^-f;,,,-!-., -M K^ THE LATEST ga_ secret W I RSijsSr Get I^l g yours
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8581 26 Transaction date: Dec 5 High Low Code Company Sale ('000) High ow Buyer Seller C'vr •k P/E Sinii 3.5 2 5716 1st Software 22 8 3148 8Telecom 34 16.5 5834 A-Sonic 104 98 6389 ABFSGBondETF 30 15.5 1938 AEICorp 27 13.5 1100 AEM 42 10 2101 APOil 141
      8,581 words
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      Lock icon SGX XTRANET
      80 26 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld C'vr Net MCap P/E Smil Comi Hii 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170
      80 words
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      Lock icon SGX SESDAQ
      2000 26 Hil Low Code Com Sale Cooo) Hil Low Bui Seller C'vr P/E Smil 30 11.5 1181 AAGrp 41.5 20 5000 ABRHIdgs 31 21.5 8538 APStrategic 16.5 2.5 1501 Advanced System 70.5 15 1524 Alantac 22.5 8 7814 Albedo 46.5 28 5021 Apex-Pal 13.5 6 1154 ArianeCorp 44.5 3.5
      2,000 words
    • Article
      Lock icon CLOB INTERNATIONAL
      258 26 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      258 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      372 27 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 4 World Index Preliminary 1127.8 -0.8 2.5 -0.9 1.2 -0.6 7.. EAFE Preliminary 1118.4 -1.0 1.0 -0.9 3.7 -0.7 10.1 Euro[ Preliminary 1524.5 -1.1
      372 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 27 As at 9am Dec 5 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2520 1.2670 Can dollar 1.4190 1.4360 Euro 2.1230 2.1460 NZ dollar 1.0930 1.1170 jterlin mnd 2.9580 2.9920 US dollar 1.4390 1.4550 Local dollars to 100 units of foreign
      131 words
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      Lock icon INTERBANK RATES
      159 27 Dec 5 fer Overnight 1/8 1-month 2 5/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 1/2 US$ Offer PAR 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 5.40 5.25 5.23 4.95 4.70
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 27 Dec 5 STI SIMSCI Dec 424.4 432.5 432.2 Taiwan Dec 337.3 342 340.9 Source: MF Global (S) Pte. Ltd
      22 words
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      Lock icon US$/S$ FORWARD RATES
      21 27 Dec S Bid Offer 1-month 1.4422 1.4436 2-months 1.4390 1.4404 3-months 1.4371 1.4385 6-months 1.4305 1.4317 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      283 27 Dec 5 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 Oct/Dec 08 346.50 348.00 349.75 354.00 356.50 358.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      283 words
    • Article
      Lock icon CHICAGO BOT
      105 27 Dec 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1091.50 1078.75 1094.25 1079.00 Mar 08 1109.50 1097.50 1111.50 1098.00 May 08 1118.50 1106.25 1120.00 1107.00 Jul 08 1122.25 1108.75 1124.00 1109.00 SOYBEAN/OIL (60,000 IbsjUscent/lb) Close Previous High/Low Dec 07 45.50 45.42 45.70
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      72 27 CRUDE OIL PRODUCTS Dec 4 origin) ISS/barrel Close Cham irent blend (1-Mth F) 89.6 1.84 VTI (Near Mth) 88.32 -1.23 Jubai (1-Mth F) 84.23 1.38 "apis blend 94.6 1.5 i/linas 93.7 2.5 >RODUCT JSS/barrel (FOB S'pore) Close Change Maphtha let Kerosene 92.90 112.35 0.98 1 JSS/barrel )pec Oil Basket Price
      72 words
    • Article
      Lock icon INTERBANK CROSS RATES
      453 27 Dec 5 iuro ren Ion 'eso Earn 'ouni Australia 0.883 6.425 0.591 6.780 34.317 80.539 0.962 8.033 2.909 1.142 53.298 36.556 1.259 5.908 0.975 28.102 26.549 0.424 0.870 Canada 1.133 7.278 0.669 7.680 38.873 91.232 1.090 9.099 3.295 1.294 60.374 41.409 1.426 6.693 1.105 31.833 30.074 0.481
      453 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 27 Dec 5 'eriod Issue code Maturity Yesterday's Bid Day's |h Low Hii 1-Month BQ*****Z 06.03.08 -Year BY*****A 29.09.08 1.99 2.03 1.93 1.92 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0Z 2.375 i-Year N*****1E 2.500 '-Year NX*****F 3.625 0-Year NY*****F 3.750 5-Year
      89 words
    • Article
      Lock icon SIBOR
      68 27 Dec 5 mth 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 4.***** 2.***** mths 4.***** 2.***** 2 mths 4.***** 2.***** iWAP Offer rates (S$) mth 2.***** mths 2.***** mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.*****
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      Lock icon PALM OIL
      66 27 Dec 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Dec 07 2885 2886 2887 2855 491 2269 Jan 08 2895 2903 2900 2850 2220 8618 Feb 08 2900 2910 2914 2859 7517 ***** Mar 08 2903 2909
      66 words
    • Article
      Lock icon PRECIOUS METALS
      130 27 Dec 5 /oz) tec tec long Kong .ondon 787.00 800.00 788.00 801.00 Dec 04 Dec 03 798.60 787.20 799.30 787.90 Source: Reuters CAST BAR (SJ) Dec OS Buying Sellini Kilobar "40,045.82" 373.06 PAMP GOLD BARS (SS) Selling Buying gm igm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 89.88
      130 words
    • Article
      Lock icon LONDON METALS
      68 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2411.00 2404.00 3 months 2467.00 2459.00 Copper, Grade A (US$/tonne) Cash 3 months 6644.00 6695.00 6753.00 6800.00 Lead (US$/tonne) Cash 2896.00 3 months 2885.00 2962.00 2954.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
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      Lock icon LIFFE
      82 27 Dec 4 (£/tonne) Close Prev Hii ih/Low Dec 07 988 971 991/971 Mar 08 1017 997 1020/999 May 08 1030 1010 1032/1015 Jul 08 1043 1024 1045/1025 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1740 1753 1769/1737 Mar 08 1765 1773 1788/1761 May 08 1784 1791 1803/1782 Jul 08
      82 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 27 Dec 5 Currencies Bid Offer Bid Offer S$iUS$ to one unit of foreign currency: Australian dollar 1.2579 1.2593 0.8696 0.8699 Canadian dollar 1.4248 1.4265 0.9850 0.9854 Euro 2.1295 2.1316 1.4722 1.4725 NZ dollar 1.1012 1.1026 0.7613 0.7617 jterlim md 2.9656 2.9684 2.0502 2.0506 US dollar 1.4465 1.4476
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      356 27 Dec 5 URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 EUROYEN FUTURES 95.100 95.815 96.280 96.545 0 0 0 0 9227 ***** ***** 7317 3ec07 99.130 99.135 Vlar08 99.170 99.175 Iun08 99.175 99.180 Sep08 99.160 99.165B 3ec08 99.130 99.135 Vlar09 99.085B Iun09 99.020 99.020 Sep09 98.960B EUROYEN LIBOR FUTURES
      356 words
    • Article
      Lock icon BONDS & WARRANTS
      2435 27 BONDS WARRANTS Tel Code Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 2036 Advance SCT Ltd W*****9 35 2 285 1 87 23 2.83 32 8798AscendasREITSGAECW*****3 ...11.5 -2.5 2860 1 248 3 9092 Asia Environment W*****4 44.5 3.5 85 1 38
      2,435 words
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      3554 28 j-. The Business Times Shipping Times m% KPI fflfß SBH WAN HAI INTERNATIONAL PTE LTD (RN0:**********0/R V -A.^.-^ l%aE CMMBBMffIMJIffiKfIwIBi mm lllft. "I TEL *****588 (14 LINES) FAX: *****163 %%r ■E^T TT^^MM E^H ■SEffiEli jjUSSsfilfi IV\\M IIA/AN HAI INpX Customer Ser.ice/Bool_ngsD_e<t_ne-(1800) *****200 _-^^^_^-^^_J |SSn3jJ{(j(IKS9S!j3iSS|^BH ffnßHßßßßMdßfllEflilSßr! I V >|^ VVHII I
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      2672 29 for further assistance, please contact 3Ss9fe*S! *LuE*3 Zim Logistics S.E.A. Pte Ltd [».Itinii L MtiljT 70 Shenton Way #10-02 Marina House Singapore *****8 Tel: 6317 2109 Fax: *****070 Email: general@zim-logistics.sg Website: www.zim-logistics.com.sg |XXj\ AUSTRAL ASIA LINE websile:hllp://www.auslralasialine. C om \H~^~^ ASIA AUSTRALIA SERVICE AcceptingContainer/LCL/Breakbulk/Project [APi MORETON 20A7 07/0] WOJ 22/01
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      683 29 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL TOY SIN P.KLANG COLOMBO N. SHEVA COLOMBO KOTA PAHLAWAN YPHO74 04 DEC 05 DEC OB DEC 12 DEC 16 DEC HOWRAHBR 0068W 11 DEC 12 DEC 15 DEC 19 DEC 23 DEC KOTA PERWIRA I YPWII7
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      4000 30 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • PROPERTY
    • Article, Illustration
      Lock icon British home prices fall for a third month in November
      693 31 Bloomberg Average cost of a home declines 1.1% to £194,895 from a month earlier [LONDON] UK house prices fell for a third month in November, the worst performance in more than a decade, and consumer confidence slumped signs that rising
      Bloomberg; BLOOMBERG  -  693 words
    • Article
      Lock icon UK funds shore up defences
      224 31 Reuters Moves in response to slowing property returns, rising redemption requests [LONDON] Britain's multi-billion-pound property fund industry shored up some of its defences and eyed contingency plans on Tuesday in the face of a weakening domestic market and growing demands from investors to withdraw funds.
      Reuters  -  224 words
    • Article
      Lock icon Simpler rules for deciding DC payment from Jan
      829 32  -  ARTHUR SIM URA will use only 2003 Master Plan to cap development baseline values RULES on whether proposed building works will have to pay a Development Charge are to be simplified. The DC, which can be payable when land is redeveloped more
      829 words
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      238 31 BKHANST22 L^& A™ 540 '3 U ft 99-year Leasehold GPR 2.1, up to 24 Storeys ijAiTong r J sch 270° Unobstructed Panoramic SW>BNG Reservoir View •\> CSh iC Within 420 m from Ai Tong Pri Sch ASubjecft 1 sch Within 310 m from Thomson Plaza aue g 6 b Exclusive
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      453 31 Auction 19 December, Wed I Hdiday. mn ~1 United House paikview c Kramat Lane I KRAMAT RD P"1 ft 8™ cd o..Ki.»*» e» A Freehold i HISS3 nd T Floor Area: Approx. 3,003 sqft 3 kramat lane Face Road, Walk to MRT Stations 3 s^rTiS En-bloc Potential I ORCHARD RD
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      1346 32 Excellent Redevelopment Site Along Singapore River For Iconic Development 7 7 7~7 sinl>[mH> r 'Superior location with regular site configuration u.n, R"tc-"'P"l' c^h., •LandB2,3l7sqft(approx),Pß4.9, I SSS,* LH99wef 15/12/1980 p.rti-.« vma n"" Nextto Clarke Quay MRT& within walking I I^^J L distance to prime CBD (Raffles Place) and swW^y JH^fc//1^ City
      1,346 words
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  • BizIT
    • Article, Illustration
      Lock icon Mobile phone payment yet to take off in S'pore
      1005 33 Study shows the hurdles are less technical and more attitudinal, writes AMIT ROY CHOUDHURY NEW study shows that the use of mobile A phones for payment in Singapore has not taken off despite there being more than one mobile device per
      1,005 words
    • Article, Illustration
      Lock icon Fujitsu serves up 3.5G laptops
      269 33  -  ONG BOON KIAT ROAD warriors who can't stand being without Web-access now have more mobile computing choices when it comes to getting connected away from their offices and public wireless network hotspots. This week, Fujitsu PC Asia Pacific launched four mobile PCs with embedded High-Speed
      269 words
    • Article
      Lock icon Software maker CA trims employee base
      336 33  -  WINSTON CHAI By SOFTWARE maker CA has pared its local employee base following the appointment of AVnet Partner Solutions to front product sales and support in Singapore. The alliance with AVnet, a worldwide distributor of electronics components and enterprise computing products, marks a shift
      336 words
    • Article
      Lock icon Cisco hires former Motorola CTO
      218 33 AP [SAN FRANCISCO] Cisco Systems Inc has snapped up Motorola Inc's former chief technology officer, adding valuable experience in mobile communications to the ranks of the world's largest Internet networking supplier. The appointment of Padmasree Warrior, announced late on Tuesday, highlighted San Jose-based Cisco's intensifying
      AP  -  218 words
    • Article, Illustration
      Lock icon The right way to touch
      826 33  -  CHRISTOPHER LIM <cool stuff> HTCs latest touchscreen smartphone may just beat Apple at its own game By APPLE'S touchscreen iPhone has been universally acclaimed as the must-have consumer gadget of the year, with manufacturers pegging it as the standard to beat. Even mighty Nokia seems
      826 words
  • Page 33 Miscellaneous
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  • BizIT FOCUS
    • Article, Illustration
      Lock icon Bullish HDTV market to get more formats
      751 34  -  ONG BOON KIAT NEW TECH IN HIGH-DEFINITION ENTERTAINMENT Crunch time looms for consumers and broadcasters over various formats WITH broadcasters and equipment makers making new product announcements by the week, Asia's High Definition TV (HDTV) broadcast and equipment market is now inching towards
      751 words
    • Article
      Lock icon Networks gear up for hi-def change
      294 34  -  WINSTON CHAI Nearly 39m HDTV viewers expected by 2011: analyst THE promise of razor-sharp images with Dolby surround sound, coupled with the falling prices of flat-panel televisions are combining to spell a bullish outlook for HDTV (high-definition TV) services across the Asia-Pa-cific region. According
      294 words
    • Article
      Lock icon You may like to know ...
      153 34 You may like to know Question: My next HDTV purchase must match my minimalist, clutter-free interior decor. What's in the market out there for decor-friendly TVs? Answer: For wall-mounted HDTVs, there are models with extremely thin side profiles. An upcoming Hitachi model, for instance, measures only 35mm in thickness, and
      153 words
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      179 34 Inspiring Technologies. Improving Lives. a* r At Hitachi, our philosophy is to contribute to society with technologies to overcome today's challenges. That's why we've made it our responsibility to develop inspiring innovations to touch every aspect of life for the present and the future. LJ ITA LJ We move people
      179 words
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      11 34 This series is brought to you by: HITACHI Inspire the Next
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