The Business Times, 11 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) 122/12/2007 Tuesday, December 11,2007
    25 words
  • Article, Illustration
    Lock icon GIC to pay $14b for a slice of UBS story
    887 1  -  MATTHEW PHAN Convertible notes could translate into stake of up to 9 per cent in two years By [SINGAPORE] In a departure from its preferred practice of taking relatively small stakes in public-listed firms, the Government of Singapore Investment Corporation
    887 words
  • Article
    Lock icon A big, bold, win-win bet
    583 1  -  VIKRAM KHANNA COMMENTARY AS A BET, this is about as big and as bold as it can get. It also promises to be win-win. GlC's 11 billion Swiss francs (Ssl4 billion) investment into the venerable Swiss bank ÜBS Singapore's largest overseas investment to date is
    583 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      42 1 ICOMP 1,425.13 -8.91 IIKKEI225 15,924.39 -31.98 IANG SENG 28,501.10 -341.37 ;et INDEX Closed JAKARTA COM P 2,790.26 +11.32 1ANILACOMP 3,675.52 -69.87 ;eoulcomp 1,906.42 -27.90 ;henzhen B 720.28 -4.52 IUMBAI IND 19,930.68 -35.32 11.30AM EDT Change 13,731.75 +106.17 )OW IASDAQ 2,724.61 +18.45
      42 words
    • Article
      Lock icon PRIME RATES
      24 1 Bloomberg Singapore 5.33 malaysia 6.74 .^OO TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 CANADA 6 00 Switzerland 4.02 India 12.75 Source:
      Bloomberg  -  24 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ )er US$) 1.441 (USS/SS per 2.032 2.928 ;URO(US$/S$/E) 1.465 2.111 'EN 111.70 77.50 3.318 2.302 IK$ 7.797 5.411 !AHT 30.29 21.02 lUPIAH 9,258 6,425 1ENMINBI 7.395 5.132 INDIAN RUPEE 39.40 27.34 1.139 0.790 IZ$ 1.288 0.894
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      73 1 SME SPOTLIGHT RfcEZ^H CLIMArE us INTEREST PROPERTY Dynaforee: W^Rv^Bl CONFERENCE RATES 7K Slienton Way ~^^l|V^/^f^^ The great workout \i idrirj Call for clear policy Traders bet on fed sold for $650 m CTnpl^ J^is page 14 L. framework page 23 rate cut page 20 page 34 Singapore on the back
      73 words
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  • TOP STORIES
    • TREE-MINUTE DIGEST
      • Article
        Lock icon S'pore sovereign wealth funds to take transparent route
        66 2 THE Government of Singapore Investment Corp has spelt out for the first time its position on the ongoing debate on sovereign wealth funds. The way forward, it said, was simply greater disclosure and transparency. Singapore, in fact, could lead the way by
        66 words
      • Article
        Lock icon Revamped STI, 18 new indices go live Jan 10
        66 2 MARKET pundits have something to look forward to soon when the revamped Straits Times Index goes live on Jan 10. Singapore Press Holdings, Singapore Exchange and FTSE Group yesterday announced the date on which the benchmark index as well as 18
        66 words
      • Article
        Lock icon Noble buys into Aussie coal company
        60 2 AUSTRALIA'S Macarthur Coal Ltd is selling to Singapore mainboard-listed Noble Group an almost one-fifth stake in a coal-project subsidiary. Macarthur said yesterday that it has entered into a heads of agreement with Noble for the sale of 19.61 per cent of Monto Coal 2
        60 words
      • Article
        Lock icon S'pore and Oman sign investment guarantee pact
        30 2 SINGAPORE and Oman signed an investment guarantee agreement yesterday during an official visit here by Oman's Deputy Prime Minister. SINGAPORE NEWS, PAGE 11
        30 words
      • Article
        Lock icon 1-for-1 share deal for Telekom M'sia shareholders
        46 2 SHAREHOLDERS of Telekom Malaysia (TM) will receive one share of Telekom Malaysia International for every share in TM held by them under the demerger exercise expected to be completed by the second quarter of next year. MALAYSIA/INDONESIA, PAGE 21
        46 words
      • Article
        Lock icon Blackstone plans Rio Tinto bid with Chinese: report
        39 2 INVESTMENT group Blackstone is planning a counterbid for Rio Tinto pic with a consortium believed to include China's sovereign wealth fund, Britain's Daily Telegraph newspaper reported yesterday. GREATER CHINA/INDIA, PAGE 22
        39 words
      • Article
        Lock icon Aim for double-digit growth, SM Goh urges Vietnam
        61 2 SENIOR Minister Goh Chok Tong kicked off his visit to Vietnam yesterday calling on the country to shoot for double-digit growth. While such hyper-growth will create problems like income inequality, Mr Goh told Vietnamese Prime Minister Nguyen Tan Dung that the growth
        61 words
      • Article
        Lock icon 78 Shenton Way sold for $650m to German group
        47 2 FOREIGN institutional investors continue to be drawn to the Singapore office market. The latest investor to come in is Germany's Commerz Grundbesitz Investmentgesellschaft group, which has bought 78 Shenton Way for $650 million, BT understands. PROPERTY, PAGE 34
        47 words
    • Article, Illustration
      Lock icon MGPA leads foreign brigade of property buyers
      741 2  -  KALPANA RASHIWALA All-time record Goldman Sachs, Europe's SEB and Dubai World also make big purchases I By [SINGAPORE] Investment sales of property have hit an all-time record of $50.8 billion so far this year up 66 per cent from the whole of last
      CBRE Research  -  741 words
    • Article
      Lock icon Chart toppers
      242 2 Biggest buyers for investment sales of property in 2007 year-to-date Macquarie Global Property Advisors (MGPA) Temasek Tower Mar 1,039.00 162 units at The Cascadia Sep 280.36 Office site at Marina View (Parcel A)* Sep 2,018.89 "White" site at Marina View (Parcel B)* Nov 952.89 Total 4,291.14 UOL/Kheng Leong/UIC/Singapore
      242 words
    • Article, Illustration
      Lock icon The rich also feel pressure to make more money: poll
      603 2  -  CONRAD TAN [SINGAPORE] Even the rich feel the pressure to make more money, because they compare themselves with those who are wealthier, according to a new report published yesterday by Barclays Wealth. More than a third of those surveyed who
      603 words
    • Article
      Lock icon Inflation in S'pore to taper off as growth slows: economist
      509 3  -  CONRAD TAN He blames energy prices for recent surge in inflation [SINGAPORE] The recent surge in the pace of inflation here is mostly due to a sharp increase in energy prices and is unlikely to last as economic growth slows
      509 words
    • Article
      Lock icon MAS proposes notification and annual fees
      502 3  -  MICHELLE QUAH Stockbrokers, finance advisers to get simplified structure [SINGAPORE] The Monetary Authority of Singapore (MAS) is proposing a simplified fee structure for stockbrokers, financial advisers and the like as part of its efforts to streamline the workings of the banking, insurance and capital
      502 words
    • Article
      Lock icon S'pore sovereign wealth funds to take transparent route
      585 3  -  CHEN HUIFEN GIC thinks move will allay fears that colour current debate on issue [SINGAPORE] On the day it announced its investment in the ÜBS group, the Government of Singapore Investment Corp (GIC) also revealed why it has been untouched by the
      585 words
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      Lock icon Page 2 Advertisements Column 1
      368 2 people t Corporate V\fOrK matchmakers. www.thepeopleatwork.com Asia-Pacific Executive Search FORM IRBA Workshop 2008 Date The Form IRBA (Return of Employee's Remuneration) is an important Tuesday, 22 January 2008 statutory tax return that employers are required to prepare for their employees in an accurate and correct manner. Employers may be penalized
      368 words
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      Lock icon Page 3 Advertisements Column 1
      68 3 "A y.'^fc 4. H '^K'' Sfi Ir'ESf f *Q -5S iv '■fts.*! 1' Cfl n^49^^Hlt Lt. >^%i -de*/ ba*>£ *#.-JL* *r^wP n-Tff-flii' ■■W! 'PTf" fp^- ->^.- -t^ i_,_^ v. n £=T^.-i feisafe,,^JfcasSfejfej^s-.^^ask^.. —i_^^"i SB Jpnhl >^k^L. K^^lH A^kVP ff .t'^.y -i^'-l;- s^:»-.--■■>-■ 5"- r\ -««»."V'" f*~ J j^- r^ —*a-w~~-
      68 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Caution rules ahead of Fed meeting
      558 4  -  R SIVANITHY STOCKS Large shifts in the STI were the result of buying and selling of mainly Sing Tel and the banks A VOLATILE session for the Straits Times Index yesterday ended with the index posting a loss of 4.87 points to 3,533.08. Throughout
      Bloomberg  -  558 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      101 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 8 5 0 0 0 4 8 5 Manufacturing 43 95 55 11 16 52 106 71 Commerce 20 26 22 23 32 28 Tpt/Stor/Comms 13 16 13 18 Finance 10 10
      101 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 4 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 18.446 18.446 112.749 112.749 Manufacturing 215.479 26.734 242.213 269.814 4.928 274.743 Commerce 71.079 4.747 75.826 68.806 980 69.786 Tpt/Stor/Comms 58.561 402 58.963 216.261 186 216.447 Finance 52.893 52.893 578.978 578.978 Construction 49.860 8.878 58.738 18.367
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      223 4 .tod name lose lange Allgreen 0.47 1.590 -0.040 Ascendasreit 0.83 2.360 -0.030 CapitaComm 0.47 2.370 -0.070 Capita Land 4.42 7.000 +0.050 CapitaMall 0.90 3.320 -0.020 Chart SemiCond 0.52 1.010 CityDev 2.71 14.600 +0.100 ComfortDelGro 1.24 1.820 -0.030 Cosco Corp 2.11 6.600 -0.150 Creative Tech 0.16 6.350
      223 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 4
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      47 4 Dec 10 VALUE CLOSE 76.00-402.00 BT OB/OS BT CADI -*****.00-123.00 BT 10-day MA -*****.00 +7.00 All-SG Equities 978.73 -2.04 SG Equities Elect 103.89 +1.14 SG Equities Fin 2466.06 -0.14 SG Equities Prop 1400.91 -6.17 SIMSCI 431.52 +0.01 SIMSCI Futures 429.20 -0.90 PrimePartnersCI 258.04 -5.18
      47 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 4 VOLUME Firstßes 57,905,000 Memstar 56,805,000 Firstßes MEReCWOBO4OB 45,551,000 DBS MBL eCWOBO4O4 35,570,000 HTL Intl 30,218,000 DBS DB eCWOBO623A 25,615,000 UOB MBL eCWOBO4O4 21,630,000 SGXMBLeCWOBO3OS 20,372,000 UOBDBeCWOBO6I6 19,334,000 Capita Land 16,609,000 VALUE(S) DBS Grp 223,720,220 UOB 138,075,793 SGX 130,848,192 Capita Land 116,208,855 Firstßes 72,165,640 Keppel Corp 66,603,700 OCBC
      62 words
    • Article
      Lock icon RISES
      102 4 CLOSE UP S I A 1840 30.0 1.7 SIA 200 1850 30.0 1.6 ISMSCI India 100 965 21.6 1.6 Venture Con 1310 20.0 1.6 Wilmar RBeCW*****7 53 20.0 60.6 Total Access 116 15.8 10.5 Kei T&T 575 15.0 2.7 CoscoCori iBeCW*****1 154 14.0 10.0 Wilmar 470 12.0 2.6 CerebosPac
      102 words
    • Article
      Lock icon FALLS
      119 4 CLOSE DOWN JMH 2780 -28.8 -0.7 Yam izi. jiani |RBeCW0712 31 -25.0 -44.' ioscoCori iDBeCW*****5 118 -20.0 -14. Jardine C&C 1990 -20.0 -1.0 :l Cori 1310 -20.0 -1.! il Land 770 -20.0 -2.! OCBC Bk4.5%NCPS 100 ***** -20.0 -0.2 SPC 740 -20.0 -2.6 HK Land 492 -18.7 -2.6 ndoAi
      119 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 4 Dec 10 CLOSE CHNG FR Dec 7 YR 2007 S$ LOW S$ HIGH USS 1.4410 0.17 1.5479 1.4363 Euro 2.1121 -0.10 2.1639 1.9913 Pounds 2.9385 -0.41 3.1194 2.9158® AS 1.2672 -0.25 1.3555 1.1741 Yen* 1.2910 0.46 1.3821 1.2285 Rupiah* 0.***** 0.07 0.***** 0.***** Baht* 4.2709 0.17
      86 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      834 4  -  UMA SHANKARI Sincere Watch Dec 10 close: 52.39 KIM ENG RESEARCH, Dec 10 GENERAL offer at 10 per cent above market price: Peace Mark, an international leading watch company with extensive retail network in PRC and Hong Kong, has proposed to take over locally listed Sincere Watch. TBJ,
      : Bloomberg  -  834 words
    • Article, Illustration
      Lock icon Fed and PBOC call the shots
      515 4  -  LARRY WEE CURRENCIES DECISIONS by the Chinese and US central banks dictated currency action yesterday, with a surprise hike in reserve requirements by the former last weekend, and an interest rate decision from the latter expected this evening. The People's Bank of China (PBOC)
      515 words
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      Lock icon Page 5 Advertisements Column 1
      156 5 WPJf^ Into managed security: i JU Into protecting customer identities: J*X Into your next security audit: 'nto mobilising your workforce: nto network-based services: Into every interaction: d^H>nfidently. i VERIZON BUSINESS SECURITY SOLUTIONS POWERED BY CYBERTRUST. I Global Internet reach combined with 15 years of information security expertise. I I Verizon
      156 words
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  • COMPANY NEWS
    • Article
      Lock icon Put cash firms on watch-list too
      770 6  -  LYNETTE KHOO HOCK LOCK SIEW THE latest decision by the Singapore Exchange to place underperforming listed companies on a watch-list to be monitored by regulators and investors is a welcome move and, no doubt, a step forward in protecting the interests of shareholders. This
      770 words
    • Article
      Lock icon Revamped STI, 18 new indices go live Jan 10
      305 6  -  VINCENT WEE By MARKET pundits have something to look forward to soon when the revamped Straits Times Index (STI) goes live on Jan 10. Singapore Press Holdings, Singapore Exchange and FTSE Group yesterday announced the date on which the benchmark index
      305 words
    • Article, Illustration
      Lock icon Hour Glass plans one-into-two share split
      637 6  -  LYNETTE KHOO Move comes as offer for Sincere sparks speculative interest THE Hour Glass has proposed a one-into-two share split, a move that has caught market watchers' attention given that the acquisition of rival Sincere Watch by Hong Kong's Peace Mark Holdings has sparked
      637 words
    • Article
      Lock icon Noble buys into Aussie coal firm
      287 8  -  CHOW PENN NEE It pays As4B.sm for close to 20% stake in unit of Macarthur Coal AUSTRALIA'S Macarthur Coal Ltd is selling to Singapore mainboard-listed Noble Group an almost one-fifth stake in a coal-project subsidiary. Macarthur Coal said in an announcement to the Australian
      287 words
    • Article, Illustration
      Lock icon Olam defends its Congo operations
      575 8  -  CONRAD TAN IFC sells stake in firm after pressure from green groups OLAM International, a global commodities trader based here, has been "caught in the cross-fire" between environmental groups and the World Bank in Africa, its chief executive said yesterday. The International Finance Corporation (IFC),
      575 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7802 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.056/ Star Europe Bond 1.207/ Star Europe Bal 1.246/ Star Asian Tiger Eqty 1.723/ Star Asia Bond 1251/ Star Asia Balamei] 1 085/ Star Global Tedmoloq; I uridl" 0 ill Multi St Fd O'H6I Star Asia Bond'iisiv. 08f>7/ Gib
      7,802 words
    • Article, Illustration
      Lock icon SP AusNet drops plan to buy Alinta assets
      757 9  -  SIOW LI SEN Higher cost of funding would hit its ability to meet forecasts THE credit market turmoil has claimed another victim. Singapore Power's plan to offload its AsB.3 billion (5510.5 billion) Alinta acquisition to listed SP AusNet is now off as
      757 words
    • Article
      Lock icon Ultro to buy stake in Xin Sheng with placement proceeds
      256 9 ULTRO Technologies has entered into an agreement to place 145 million shares with three companies at 19 cents each for $27.6 million, the company said yesterday. In addition, Ultro will grant another 145 million option shares to Golden Phoenix Investment
      256 words
    • COMPANY BRIEFS
      • Article
        Lock icon NOL raises container charges by 12%
        91 9 NEPTUNE Orient Lines (NOL), operator of South-east Asia's largest container line, raised its fees 12 per cent in the four weeks ended Nov 16 because of demand for Asian-made goods in Europe and the US. The company charged an average of U552,860 per 40-foot
        91 words
      • Article
        Lock icon Equation announces rights issue
        80 9 EQUATION Corp is proposing a rights issue of up to 386.5 million new ordinary shares in the issued share capital of the company at an issue price of five cents a share. The issue will be on the basis of two rights share for every five
        80 words
      • Article
        Lock icon Keppel unit gets $26.3m poly contract
        72 9 KEPPEL Integrated Engineering has been awarded a $26.3 million contract by Republic Polytechnic, parent company Keppel Corp said yesterday. Under the contract, Keppel FMO, a wholly owned subsidiary of Keppel Integrated Engineering, will provide integrated facility management and maintenance services for all building equipment
        72 words
      • Article
        Lock icon SGX names Barclays clearing member
        51 9 SINGAPORE Exchange yesterday said it has approved Barclays Bank as a clearing member for its derivatives market. Barclays is the first bank to receive this approval since new rules to admit banks as clearing members took effect on Aug 10 this year, and commenced operations
        51 words
      • Article
        Lock icon Q2 earnings plunge at Popular
        53 9 POPULAR Holdings yesterday reported an 80.2 per cent drop in net profit for the second quarter ended Oct 31, 2007. Net earnings fell to $233,000, from $1.2 million a year ago. Turnover for the quarter rose 3.9 per cent to $94.4 million, from $90.8 million
        53 words
      • Article
        Lock icon Freight Links sells Tuas property
        52 9 FREIGHT Links Express Holdings said it has agreed to sell its investment property located at 30/32 Tuas Avenue 8 to a private real estate investment trust for $20.8 million. The sale price represents a premium of $7.8 million over the property's book value of about
        52 words
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      137 6 80% of cinemas worldwide. 6O years of entertaining the world over. JBL Synthesis brings customised true-cinema experience back to your home! 12 mJk flf n( as ''St?%l 3r*ff I U [*j cjg Hfli DHIf fI^HIII a mm SiS-B KM sdpuhd ii.lrl.lnn3 sna sun SYNTHESIS K2 a P /1 SYNTHESIS No
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      Lock icon Page 6 Advertisements Column 2
      122 6 ■■■ill r dl I Are you facing hiring challenges and rising I costs to run your Payables, Receivables, f I Claims or back-office processes? W^ Adopt outsourcing to: tackle rising payroll and overhead costs f J*T Increase speed to market l^l/V I I g^ Greater focus on core activities ■^^^^^■-2^^^^^^™
      122 words
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      148 7 <§>oon, daily to two enchanting cities.- 3 FROM 14 JANUARY 2008, SINGAPORE AIRLINES FLIES TO MILAN AND BARCELONA 7 DAYS A WEEK. Enjoy the convenience of flying to two of the world's most famous European cities any day of the A m week. Shop in Milan's world-renowned fashion houses or
      148 words
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      71 8 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z il A HEALTHY PORTFOLIO NEEDS A BALANCED DIET /f|\ '$'z}%fW,''''?''^'^-::^^ ram or a PersP ect;ive on how balancing your
      71 words
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      116 9 SAVE TAX Our qualified professionals W/&J J& I can assist you with offshore ■^3 structures, shelf companies |L^ and incorporations in ALL jurisdictions including: British Virgin Islands K^ Cayman Islands Bahamas rf|Ul Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate I administration services are available. We also
      116 words
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      75 9 T NOT JUST A MERRY CHRISTMAS, A VERY ELEGANT ONE. Christmas grace comes to town with the refined indulgence of Les Saveurs modern french dining. And then there is Laßrezza's delightful Mediterranean Christmas experience. Either way you'll have the very best of the season in the style you are used
      75 words
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  • Article, Illustration
    Lock icon New Kazakhstan In A New World
    923 10 Ten years ago, in 1997, Kazakhstan adopted the "2030 Programme", a long-term National Development Strategy aimed at revamping the state into one of the world's developed countries by 2030. It marked the turning point in the nation's destiny on the global stage. Since then
    923 words
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  • SINGAPORE NEWS
    • Article
      Lock icon S'pore & Oman sign investment guarantee agreement
      301 11  - S'pore Oman sign investment guarantee agreement UMA SHANKARI With Omani support, hopes are high for a GCC-S'pore FTA to be concluded soon SINGAPORE and Oman signed an investment guarantee agreement yesterday during an official visit here by Oman's Deputy Prime Minister. The agreement underpins bilateral ties and will give investors
      301 words
    • Article
      Lock icon Employers see strong hiring in Q1 next year: survey
      513 11  -  CHOW PENN NEE THE hunt for talent shows no signs of abating, as Singapore employers will actively recruit qualified staff from January to March next year, according to a quarterly survey measuring employers' intentions to hire or fire employees. Conducted by
      513 words
    • Article, Illustration
      Lock icon New London post for Dolly co-creator
      373 11  -  CHEN HUIFEN But he'll still be part of Spore research scene, says A*Star THE man who helped create Dolly the cloned sheep is expected to spend less time in Singapore after accepting a new appointment in London. Renowned stem cell scientist Alan Colman is
      373 words
    • Article
      Lock icon Taxis set to cost more with ComfortDelGro fare revamp
      466 11  -  SAMUEL EE CAB fares will go up by at least 10 per cent and as much as 50 per cent from next Monday when ComfortDelGro Corp revamps its taxi fare structure. The land transport giant, which operates the biggest fleet of
      466 words
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      117 11 You never actually datclt dvii iddc own a Patek Philippe. v geneve Begin your own tradition. You merely look after A it for the next generation. I^^ Sift *^9 BHflH£& M^ V'HJ Bj^- I s Contemporary yet timeless, the graphic dial design was JBcL^^^^BPl^^aa influenced by an original 1930s Patek
      117 words
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  • SMEspotlight
    • Article, Illustration
      Lock icon Fashioning a turnaround
      631 12 SMALL CAPS Vashion looks confident after buying China men's clothing business, says OH BOON PING VASHION Group formerly known as Startech Electronics is aiming to drive its business to new highs through its new retail fashion business in China. Vashion has been trying to turn round since
      631 words
    • Article
      Lock icon Portfolio up on positive market sentiment
      347 12  -  TEH HOOI LING By IN LINE with the positive turn in market sentiment, our portfolio climbed by one per cent from a week ago. The Straits Times Index rose 0.9 per cent and the UOB Sesdaq rose 2 per cent. Among the biggest contributors
      347 words
    • Article, Illustration
      Lock icon Strategic moves ensure firm's healthy growth
      754 14 Dynaforce's risky decision to overhaul its business plan when it was in peak form pays off, writes NISHA RAMCHANDANI T A time when his company was earnA ing its highA est sales A revenue cver, chairman Jimmie Lee decided to completely overhaul business strategy,
      ARTHUR LEE  -  754 words
    • Article, Illustration
      Lock icon Don't be wary of venture capitalists
      675 14  -  WEE LI-EN UNDERSTANDING how venture capitalists (VC) value businesses, what returns they expect and how to raise funds from them are important issues for many small and medium enterprises (SMEs) looking for money and help to grow. And a new book, Entrepreneurial Finance: Start-Up
      675 words
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      291 12 PdUdsonic <f^^^^^ ideas for life With the New ISPRI Solution, you can now take advantage of the most complete telecommunication service for your business needs with the KX-TDA3O Hybrid IP-PBX System. Enjoy Individual DDI number for every extension, caller ID number display for incoming and outgoing calls. Maintain high productivity
      291 words
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      155 13 THE BERTH BY THE COVE WE ARE HONOURED THAT OUR FIRST PROJECT IN SENTOSACOVE HAS GAINED INTERNATIONAL RECOGNITION. THE BERTH BY THE COVE I W i r I I —w iffl ~H r nkTHE BERTH BY THE COVE MIPIMASIAAWARDS 2007 WINNER (RESIDENTIAL DEVELOPMENT CATEGORY) At Ho Bee, we're proud that
      155 words
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      275 14 zap&bidliz p&bid|||¥^O FROM ONLY $10! I FROM ONLY $10! I I Action star g I EREDLUDRH) DR-230DUOREST JUmmM^M TenovoY2oo(LimitedEditionT J JQCKie UICIII (GeieSSheT 0"1 #O#lOl/O LIST PRICE: $1,999 f DUVS I!! Om&temW^-M X LIST PRICE: $1,099 ~n=,.7%G 7 WLM. L S Ml iHf I Part Number: *****20 I^L^C Intel® Centrino®
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      223 15 T U RQUOI'S E SENTOSA COVE Experience true waterfront living. |gg Discover the extraordinary opportunities the sea and the berth I SEA bring. And with the lush fairways of acclaimed golf courses for your backyard, you will find yourself immersed in the K^^ B^Hff^^^^B^ P^. different hues of the exuberant
      223 words
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  • ERNST & YOUNG AWARDS
    • Article, Illustration
      Lock icon Stealing the limelight
      672 16 BKJHLKJL SIX of Singapore's outstanding entrepreneurs were honoured at the Ernst Young Entrepreneur Of The Year (EOY) Awards Gala on Nov 28 to acknowledge their strategic business vision, unyielding perseverance and entrepreneurial spirit in the face of uncertainty, with one emerging as the overall winner to represent
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      284 18 THE BERTH BY THE COVE HO BEE GROUP AND AXIS ARCHITECTS PLANNERS ARE HONOURED TO BE AWARDED THE PRESTIGIOUS MIPIM ASIA AWARDS 2007. i i "r*^'*~"" j':^^ J j .I "'-jf-.' ill' i':! |L. i i it -I*—*- N -K-{jpF-\ BUILT FOR AWARD-WINNING EXCELLENCE IN LUXURIOUS WATERFRONT LIVING *1 IJjS-
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  • ECONOMY WATCH
    • Article
      Lock icon Traders consider Fed rate cut a certainty
      590 19 Bloomberg Renewed turbulence in markets puts pressure on Fed to pump up economy [WASHINGTON] Federal Reserve chairman Ben S Bernanke may have to risk becoming the proverbial "fool in the shower" to keep the US economy out of recession. Renewed turbulence in financial
      ■ Bloomberg  -  590 words
    • Article
      Lock icon China's '07 inflation may exceed 4.4%
      535 19 Bloomberg, Reuters Nov consumer prices likely at 6.5%, the highest in a decade [BEIJING] China's 2007 inflation may exceed 4.4 per cent, driven mainly by rising food prices, China's banking regulator said. "We will focus on preventing the structural rise in prices from transforming
      – Bloomberg, Reuters  -  535 words
    • Article
      Lock icon Japan's machinery orders up more than expected
      522 19 Reuters [TOKYO] Japanese core machinery orders rose more than expected in October but sentiment among service sector workers fell to a 4 1/2-year low, suggesting that firm corporate activity has yet to be felt by households. Both reports did little to alter views
      – Reuters  -  522 words
    • Article, Illustration
      Lock icon China trade gap set to widen
      417 19 Bloomberg, Reuters [HONG KONG] China's trade surplus probably held near a record in November, adding fuel to US Treasury Secretary Henry Paulson's demands for faster yuan appreciation. The gap widened 16 per cent to U5526.6 billion from a year earlier, according to the median
      Bloomberg, Reuters; AP FILE PHOTO  -  417 words
    • Article
      Lock icon BURSA MALAYSIA
      2337 19 VOL ('000) Dec 10 RM A&M Realty 0.92 AbricBhd 0.28 Advance Synergy 0.31 Adventa Bhd 1.42 AeMuIti Hldgs 0.29 Affin Holdings 2.66 Ahmad Zaki Resou 5.95 Aic Corp 0.79 Airasia Bhd 1.91 Akn Messaging Te 0.18 Akn Technology 0.64 Alliance Financi 3.02 Aluminium Co 1.22 Amalgamated Ind 0.50
      2,337 words
  • Page 19 Advertisements
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      24 19 EPSON |f WIN AN EPSON PRINTER EVERYDAY* 'MONDAYS TO FRIDAYS ONLY ONLY AT\ 91.3FK EPSOU MODEL RX&9O CX93OOF CXB3OO CX5500 exceed your vision WWW.RADIO9I3.COM
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  • MALAYSIA
    • Article
      Lock icon 1-for-1 share deal for Telekom shareholders
      464 20  -  PAULINE NG Demerger exercise by Q2 2008 will give them this, besides special cash dividend SHAREHOLDERS of Telekom Malaysia (TM) will receive one share of TM International for every share in TM held by them under the demerger exercise expected to be completed by
      464 words
    • Article
      Lock icon Windfall oil revenue to fuel M'sian economy in '08: UBS
      264 20 Bernama [KUALA LUMPUR] The local unit of a global financial firm expects the Malaysian government to adopt an even more expansionary fiscal policy next year, given the windfall oil revenue. ÜBS Securities Malaysia Sdn Bhd's head of Malaysian research, Colbert
      — Bernama  -  264 words
    • Article
      Lock icon Bursa rallies on talk of link with CME
      350 20 Bloomberg [KUALA LUMPUR] CME Group Inc, the world's biggest futures exchange, may buy a stake in Bursa Malaysia Bhd, part of an effort to forge overseas links and boost trading. Bursa shares jumped 9.2 per cent yesterday after the Malaysian stock exchange
      – Bloomberg  -  350 words
    • Article
      Lock icon Two Megan execs charged
      61 20 Reuters [KUALA LUMPUR] Malaysia's Securities Commission yesterday charged two key executives of technology firm Megan Media Holdings for allegedly making false financial statements. It is also seeking Interpol help to trace a missing Megan director, George Yeo. Executive chairman Mohamad Adam Che Harun and former financial
      – Reuters  -  61 words
  • Page 20 Advertisements
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      164 20 M If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over
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      196 20 I.^»B&3rIHBW.iHBB.^M W7WV y/ ||v^y__^P' 1 AIRLINE INDUSTRY Singapore Tokyo ffi^fflc^V Tokyo Singapore Morning Flight Njght F ight Flight No Pep Arr Flight No City Pep Arr Flight No City Pep Arr Flight No Pep Art NHB San Francisco 17:05 10:10 NH 7 San Francisco 11:50 15:05+1 NHII2 08:35 16:15 NH
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon US seeks compromise on product safety ahead of China summit
      582 21 Reuters [BEIJING] A senior US official struck a conciliatory tone on product safety yesterday ahead of high-level talks with China likely to be dominated by US fears of substandard Chinese-made food and drugs. The made-in-China label has come under global
      – Reuters; AP  -  582 words
    • Article
      Lock icon Blackstone, China plan Rio bid: report
      410 21 Reuters Break-up bid with group includes Chinese sovereign wealth fund: paper [SYDNEY] Investment group Blackstone is planning a counterbid for Rio Tinto pic with a consortium believed to include China's sovereign wealth fund, Britain's Daily Telegraph newspaper reported yesterday. Blackstone, which as owner would
      . – Reuters  -  410 words
    • Article
      Lock icon Indian Oil in Egyptian refinery JV: report
      195 21 Reuters [MUMBAI] India's top state-run refiner, Indian Oil Corp will partner Egyptian General Petroleum Corp to jointly build a US$9 billion refinery and petrochemical complex in Egypt, the Economic Times newspaper said yesterday. "We have agreed to work out details of the project,"
      – Reuters  -  195 words
    • Article
      Lock icon Indian loan defaulters risk being beaten up
      640 21 -AFP Banks blame lack of credit histories for use of tough tactics [NEW DELHI] Most consumers risk being hit by hefty fees or a nasty spike in interest rates if loan or credit card repayments are late but in India there is also
      -AFP  -  640 words
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  • ASIA PACIFIC/WORLD
    • Article, Illustration
      Lock icon Australia won't rush to set emission target
      316 22 -AFP [SYDNEY] Australian Prime Minister Kevin Rudd yesterday said his country will make no firm commitment on cutting greenhouse gas emissions until next year, despite his decision to ratify the Kyoto Protocol. Mr Rudd is due to address a crucial UN conference on
      -AFP  -  316 words
    • Article, Illustration
      Lock icon Businessmen want clear policies before putting in money
      623 22  -  LAUREL TEO CLIMATE CHANGE CONFERENCE They can compete with certainty then, using environment friendly projects THE global business community wants governments and regulators to issue clear rules, targets and incentives on tackling climate change, so that companies can compete with certainty as
      623 words
    • Article, Illustration
      Lock icon SM suggests double-digit growth for Vietnam
      338 22  -  CHUANG PECK MING SENIOR Minister Goh Chok Tong kicked off his visit here yesterday calling on Vietnam to shoot for dou-ble-digit growth. While such hy-per-growth will create problems like income inequality, Mr Goh told Vietnamese Prime Minister Nguyen Tan Dung that the growth will
      DESMOND FOO/THE STRAITS TIMES  -  338 words
    • Article
      Lock icon Soc Gen takes on US$4.3b assets to bail out SIV
      468 22 Bloomberg, Reuters Mortgage securities pricing probed in 2005, cases dropped [LONDON] Societe Generale SA, France's second biggest bank by market value, will bail out its structured investment vehicle (SIV) by taking on US$4.3 billion of assets to avoid a fire
      Bloomberg, Reuters  -  468 words
    • Article
      Lock icon Pending US home sales rise, bucking forecasts
      256 22 Reuters [WASHINGTON] Pending sales of existing US homes rose modestly in October, bucking Wall Street forecasts, but the decline from a year ago was the second largest on record, a real estate trade group said yesterday. The National Association of Realtors Pending Home
      – Reuters  -  256 words
    • Article, Illustration
      Lock icon Wet weather fails to dampen spirits
      378 22 FOLLOWING the finish of the last race into Durban many of the race followers said that it was the most exciting race yet and even maybe in the history of the Clipper Race. However, looking at the race viewer this morning this race is
      Photo: ONEDITION  -  378 words
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  • AVIATION
    • Article, Illustration
      Lock icon Jet Airways seeks hub for Asian operations
      669 23  -  YEN SREENIVASAN Whether it will be based in Spore, XL or Bangkok will hinge on suitable code-share, feed partner INDIA'S Jet Airways, which is enjoying strong growth on both domestic and international routes, is looking to hub its South-east Asian and North Asian
      669 words
    • Article, Illustration
      Lock icon Tiger may order 20 more planes to expand ops
      564 23 Bloomberg [SINGAPORE] Tiger Airways Pte Ltd, the budget carrier partly owned by Singapore Airlines Ltd, may order 20 more Airbus SAS A 320 planes as it sets up a base in South Korea and expands in Australia, Malaysia and India. "It's
      Bloomberg; FILE PHOTO  -  564 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2372 23 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangla s (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,372 words
    • Article, Illustration
      Lock icon Changi Airport to go on T3 advertising blitz
      289 23  -  UMA SHANKARI CHANGI Airport will spend some $3 million on an advertising campaign for Terminal 3 (T3), the ad agency handling the account said yesterday. The campaign, which starts in January, will run in Asia, Middle East, Australia and the UK, said
      289 words
    • Article
      Lock icon Malaysia Airports to increase ad revenue
      148 23 Bernama [PUTRAJAYA] Malaysia Airports Holdings Bhd (MAHB) aims to increase its revenue from advertising to 10 per cent from the current 5 per ceni in two to three years, its managing director and chief executive officer, Seri Bashir Ahmad said yesterday. "Revenue for advertising
      – Bernama  -  148 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      325 23 CRYPTIC CROSSWORD ACROSS 1 Spend a long time making r m—.r n rr—^ —i 1 rr —i n —i journeys (8) 5 Cut the cackle when M^M WMt mm\ __^H^H__pH__^H__HH__^H^H__PH__ 8 A nobleman called to I'1 present himself (6) mmi 9 They make tea for girl cheer- fl^H JM H^H
      325 words
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  • SHIPPING
    • Article
      Lock icon Indian shipyards find it hard to meet demand
      378 24  -  SIDDHARTH SRIVASTAVA They are set to invest USs2.sb to increase capacity as new yards are built INDIAN shipyards have registered a hike in orders from eight billion rupees to 155 billion rupees (555.7 billion) over the last five years, as per industry
      378 words
    • Article
      Lock icon Pirates threaten to kill crew if ransom not met
      323 24 -AFP [NAIROBI] Pirates holding a Japanese chemical tanker off the northeastern coast of Somalia are demanding a million-dollar ransom or they threaten to kill its crew members, the United Nations said yesterday. The Golden Nori, carrying tens of thousands of tonnes
      -AFP  -  323 words
    • Article, Illustration
      Lock icon Westports on track for 4.3m box throughput
      325 24 Bernama [KUALA LUMPUR] Westports Malaysia became the first port in Port Klang to hit 4 million TEUs (twen-ty-foot equivalent units) on Sunday, which firmly places the port on the road to achieve a total container throughput of 4.3 million TEUs for fiscal 2007.
      – Bernama; FILE PHOTO  -  325 words
    • Article
      Lock icon TRANSPORT STOCKS
      2 24
      2 words
    • Article
      Lock icon SGX
      130 24 '000 lee CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.87 0.39
      130 words
    • Article
      Lock icon KLSE
      36 24 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie.... NCB Holdings Nepline Bhd PDZ Holdings 1.23 10.00 10.10 4.72 2.92 0.25 0.19 -0.04 unch 0.15 -0.12 -0.01 0.02 unch 10! 49: 66! 96! 5( 12!
      36 words
    • Article
      Lock icon BANGKOK
      12 24 '00 ■recious Ship Jegional Cont 26.50 29.00 0.25 -0.25 172: 36:
      12 words
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      Lock icon HONGKONG
      11 24 '000 JOil iingamas Cont 62.80 3.47 0.30 0.02 55: 311
      11 words
    • Article
      Lock icon PHILIPPINES
      17 24 '000 Aboitiz Equity ntl Container Keppel Marine 7.00 45.50 2.00 unch -1.00 unch 719: 69( 30:
      17 words
    • Article
      Lock icon TAIPEI
      21 24 000 :vergreen Marine ....28.10 :irst Steamship 68.50 /Van Hai Lines 28.55 rang Ming Marine ..25.40 0.55 3.50 -0.05 -0.35 1:
      21 words
    • Article
      Lock icon TOKYO
      39 24 '000 (awasaki Hvy Ind ..353.00 -8.00 1761! (awasaki Kisen ...1156.00 -40.00 6431 Mitsubishi Hvy 525.00 -10.00 2073! Ulitsui Eng&Sbldg ..474.00 -12.00 869! VlitsuiOsk Lines ...1500.00 -40.00 144& Mippon Express 585.00 12.00 6291 MipponYusen 919.00 -12.00 843' iource: Reuters
      39 words
    • Article
      Lock icon South Korea's worst oil spill spreads along coast
      462 24 -AFP [TAEAN, South Korea] South Korea's worst ever oil spill spread along a pristine coastal region yesterday as the government came under fire amid charges that it acted too slowly to limit the disaster. Almost 9,000 troops, police and volunteers armed with
      -AFP  -  462 words
    • Article
      Lock icon Govt will not tighten tanker hull regulations
      184 24 Reuters [SEOUL] South Korea does not intend to tighten rules on single-hulled oil tankers, the type of crude carrier involved in an oil spill disaster off the country's west coast last week, Seoul's maritime ministry said yesterday. But it is aiming to match
      – Reuters  -  184 words
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      1014 24 HR^r "Hurry! *?^jr%]^E^Sl^^^^^^^Hlßlß ip^Get Yours Now!" _I "l|jifl ■■■■■■■M IBiiMMiiiiiiiiiiiiHillilll^^ f^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Tt IN THE MATTER OF THE gggg COMPANIES ACT, CAP. 50 y. *> Producing Photo Books: Take a look at the AND Swiber various options available to you if you're rtffl in the matter of -~...--™77^i lookina to produce your
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  • EDITORIAL & OPINION
    • Article
      Lock icon Milestone in Malaysia's reserves position
      491 25 EDITORIAL MALAYSIA'S central bank has reached a milestone. It noted through a press statement last Friday that its international reserve position as at Nov 30 was USslOl.l billion. That amount, Bank Negara said, was "sufficient to finance nine months of retained imports and is six
      491 words
    • Article, Illustration
      Lock icon Time for clear global rules on sovereign funds
      903 25  -  NEIL BEHRMANN Rules will allay fears of foreign government control of funds and conflicts of interest DEVELOPED and emerging nations urgently require an unambiguous international agreement on sovereign wealth fund (SWF) investment. If there is no accord, concerns about SWF investments could
      REUTERS  -  903 words
    • Article, Illustration
      Lock icon Paulson plan won't help the real sub-prime victims
      800 25  -  PAUL KRUGMAN ■NYT THE BOTTOM LINE BY Bush administration standards, Henry Paulson, the US Treasury secretary, is a good guy. He isn't conspicuously incompetent; and he isn't trying to mislead us into war, justify torture or protect corrupt contractors. But Mr Paulson's
      ■NYT  -  800 words
    • Article, Illustration
      Lock icon S'pore on the back of an envelope
      2312 26 I HEN I joined the Singapore Administrative Service in 1959, all of us had read the humanities at university. George Bogaars, Head of Civil Service, read history. The two heads who came after, Howe Yoon Chong and Sim Kee Boon, read economics. Pang
      FILE PHOTO  -  2,312 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8411 27 Transaction date: Dec 10 >-wks Tel Low Code Last Sale Vol ('000) Hii lay L Low Bu; .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hij Com[ i an; 3 2 S716 1st Software 22 8 3148 STelecom 34 16 S834 A-Sonic 104 98 6389
      8,411 words
    • Article
      Lock icon SGX SESDAQ
      2217 27 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      2,217 words
    • Article
      Lock icon SGX XTRANET
      129 27 Wk Tel Low Code Last Sale Vol COOP) lay L Low Bui Lasi (uote Seller Div C'vr Net P/E riCap _Hm Comi _Hm 1040 745 CIMBAsean40 1OOUS$ 119 119 606S Diamonds 8330 6040 S422 GLD 1OUS$ 5200 S000 609S IS DJ US Tech 1000 1000 6097 IS MSCI
      129 words
    • Article
      Lock icon CLOB INTERNATIONAL
      72 27 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hil 141 104 6000 AVJennings.. 21.5 5 6134 Over&Gen 64 22 6017 StarCruises 320 179 6019 TanChonglnt ...All 3 ...A18 .US31 HK260 -1 -0.5 8
      72 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 28 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 7 World Index Preliminary 1160.1 0.4 5.4 0.2 3.3 0.5 10.1 EAFE Preliminary 1149.1 0.7 3.7 0.5 5.2 0.8 12.1 Euro[ Preliminary 1568.1 0.8 5.0 0.7 6.7 1.0 13.6 Pacific 1003.8
      362 words
    • Article
      Lock icon PALM OIL
      62 28 Dec 10 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Dec 07 2929 2865 2929 2850 96 1614 Jan 08 2853 2864 2870 2838 884 7472 Feb 08 2859 2868 2881 2843 6830 ***** Mar 08 2861 2870 2888 2850 1760 *****
      62 words
    • Article
      Lock icon STOCK INDEX FUTURES
      23 28 Dec 10 ten. STI SIMSCI Dec 431 434.3 429.2 Taiwan Dec 340.7 341.8 335 Source: MF Global (S) Pte. Ltd
      23 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Dec 10 Bid Offer 1-month 1.4362 1.4373 2-months 1.4334 1.4346 3-months 1.4312 1.4324 6-months 1.4248 1.4259 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 28 Dec 10 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2647 1.2663 0.8780 0.8785 Canadian dollar 1.4318 1.4337 0.9940 0.9946 Euro 2.1105 2.1122 1.4652 1.4654 NZ dollar 1.1180 1.1195 0.7762 0.7767 jterlini ind 2.9270 2.9298 2.0321 2.0326
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      354 28 Dec 10 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 95.005 95.585 96.045 96.250 0 0 0 0 8815 ***** ***** 7657 EUROYEN FUTURES 3ec07 99.130 99.135 Vlar08 99.170 99.180 Iun08 99.170 99.175 iep08 99.140 99.160 3ec08 99.100 99.125 Vlar09 Iun09 >ep09 99.130
      354 words
    • Article
      Lock icon SICOM FUTURES
      269 28 Dec 10 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest Ian 08 =eb08 Via r 08 <\pr/Jun 08 lul/Sep 08 3ct/Dec 08 355.50 358.50 359.50 363.50 366.00 367.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      269 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      117 28 As at 9am Dec 10 )f foreign currency: Currencies Bid Offer lust dollar 1.2550 1.2700 .an dollar 1.4230 1.4400 Iuro 2.1000 2.1240 IZ dollar 1.1070 1.1310 iterlini ind 2.9130 2.9460 IS dollar 1.4330 1.4500 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer Ihi
      117 words
    • Article
      Lock icon INTERBANK RATES
      142 28 Dec 10 )vernight 1 -month 2 5/16 l-months 2 1/2 i-months 2 9/16 Overnight mode: 7/8 JS$ Offer 7/8 2 3/16 2 3/8 2 7/16 Bid days month I months months i months I months 2 months >Fr 4.70 5.35 5.25 5.25 5.00 4.75 4.60 Offer 4.60 5.25
      142 words
    • Article
      Lock icon INTERBANK CROSS RATES
      450 28 Dec 10 iuro ren Ion 'eso Earn 'ouni wstralia 0.883 6.495 0.599 6.847 34.603 81.308 0.981 8.113 2.914 1.131 53.828 36.465 1.265 5.892 0.992 28.389 26.607 0.432 0.87J Canada 1.132 7.353 0.679 7.752 39.177 92.055 1.110 9.186 3.299 1.281 60.943 41.285 1.433 6.670 1.123 32.141 30.123 0.489
      450 words
    • Article
      Lock icon PRECIOUS METALS
      137 28 Dec 10 /oz) tec tec Hong Kong London 798.20 796.70 799.20 797.70 Dec 07 Dec 06 796.00 799.20 797.60 799.90 Source: Reuters CAST BAR M) Dec 10 Buying Sellini Kilobar "39,709.84" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz
      137 words
    • Article
      Lock icon SIBOR
      77 28 Dec 10 1 mth 5.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
      77 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      85 28 Dec 10 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****S 13.03.08 1-Year BY*****A 29.09.08 1.95 2.01 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125
      85 words
    • Article
      Lock icon LONDON METALS
      67 28 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2425.20 2448.00 3 months 2481.00 2394.00 Copper, Grade A (USS/tonne) Cash 3 months 6858.00 6910.00 6725.00 6671.00 Lead (USS/tonne) Cash 2667.50 3 months 2671.00 2695.00 2692.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
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    • Article
      Lock icon LIFFE
      82 28 Dec 7 (£/tonne) Close Prev Hii ih/Low Dec 07 1004 1008 1015/1004 Mar 08 1034 1038 1044/1033 May 08 1049 1050 1055/1048 Jul 08 1070 1066 1075/1064 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1776 1749 1778/1747 Mar 08 1802 1773 1804/1771 May 08 1820 1789 1821/1790 Jul 08
      82 words
    • Article
      Lock icon CHICAGO BOT
      104 28 Dec 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1119.75 1098.75 1121.00 1100.00 Mar08 1138.75 1117.75 1140.00 1118.00 May 08 1146.50 1125.75 1148.00 1127.50 Jul 08 1149.50 1128.50 1150.00 1130.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 45.30 45.25 45.36 45.00
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 28 CRUDE OIL PRODUCTS Dec 7 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 88.83 -0.1 WTI (Near Mth) 88.25 -2.09 Dubai (1 -Mth F) 85.34 2.93 Tapis blend 96 3.45 Minas 94.6 3.15 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 92.90 107.05 2.85 1.6 USS/barrel
      78 words
    • Article
      Lock icon BONDS & WARRANTS
      2199 28 BONDS WARRANTS el lode Com| Last Sale +orPrem Expiry Vol Conv Exer Disc Gear- Mths COOP) Ratio Price ing Left >arr 5835 Allgreen RBeCW*****6 tfArianeCorp LtdW*****9 3798 Ascendas REIT SGA ECW*****3 3092 Asia Environment W*****4 I436 AusGroup MBL ECW*****4 1851 AusGroup MER ECW*****8 5872 AusGroup RB ECW*****7 5878 Aztech Systems
      2,199 words
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      Lock icon Page 29 Advertisements Column 1
      2731 29 _p^ The Business Times Shipping Times m _^E tf fcTJKdUI jjfli^ Jttjtf'/I \!iJ^ lflj m\\ wan hai international pte ltd _L_~| W •^W^l^^W^B mmm9m^TAmJMm^rmMM I VxTi\ iaiam uai iiurr «L6226i588 imunesi fax:*****163 1 VA« J:||lirM^: |l BSSBaBBSBHISiaaeBaCTM WrlMtlWllftlmmtKSlWSU I \\\N 1 WAN HAI INtS Custoinet Setvke/Baofcings Direcl Line (1800) *****200
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      3209 30 .p^LJ^Cry ■SSKIB fflHi HBl flfflfl weekly express sailing schedule •gjyjfli. C f ■aiiaaMaat^^^^^^^^^^ y^lWß!ffffg^^^^^^^^^^^^3l also accepting to all northern and western icd points IWl'SaSiifilitilff 8'" f N > I VESSEL I VOY I PKL I SIN I KHI I DXB I BAB I DMM I BIK I KHO I vessel
      3,209 words
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      Lock icon Page 31 Advertisements Column 1
      3439 31 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • PROPERTY
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      Lock icon Surprise 0.7% fall in Aussie home loans
      707 32 Bloomberg 11-year-high interest rates hit borrowing for second straight month in Oct [SYDNEY] Australia's home loan approvals unexpectedly fell for a second month in October as interest rates at an 11-year high discouraged borrowing. The number of loans granted to build or buy
      Bloomberg; REUTERS  -  707 words
    • Article
      Lock icon Russia developer posts US$78m loss in 9 months
      194 32 Reuters MOSCOW] Russian proper;y developer Sistema-Hals /esterday reported a net oss of U5577.6 million for ;he first nine months of 2007 compared with a net profit of U5534.3 million in ;he same period last year. The company, part of diversified holding company
      – Reuters  -  194 words
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      Lock icon NZ home price rise slowest in 6 months
      339 32 Bloomberg Prices up 11.4% in Nov as higher rates curb demand [WELLINGTON] New Zealand's house prices rose at the slowest pace in six months in November, adding to signs that higher borrowing costs are curbing domestic demand. House prices gained 11.4 per
      – Bloomberg  -  339 words
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      Lock icon 78 Shenton Way sold for $650m to German group
      547 33  -  KALPANA RASHIWALA $1,857 psf deal shows foreign players still prize Spore office market FOREIGN institutional investors continue to be drawn to the Singapore office market. The latest investor to come in is Germany's Commerz Grundbesitz Investmentgesellschaft (CGI) group, which has bought
      547 words
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      Lock icon Dubai World's Limitless sets up office here
      362 33  -  ARTHUR SIM Spore base will look for investments in the region DUBAI World's real estate arm, Limitless LLC, officially started operations at it new regional office here at UOB Plaza yesterday. It will use Singapore as a base to look for new investment
      362 words
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      Lock icon Ascott signs India serviced residence JV
      273 33 [SINGAPORE] The Ascott Group said yesterday that it has signed a joint venture agreement with the Rattha Group to acquire its fifth serviced residence in India. The 218-unit property, to be named Citadines Hyderabad Hitec City, is Ascott's first serviced residence in Hyderabad, the
      273 words
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      14 32 Head to CATS FASTADS in The New Paper for beauty haircare services! MATS 1
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      110 32 3 storey intermediate conservation I shophouse with an attic ©BukitPasoh am 1 Road 5 split-level office space with lift Freehold I Floor area: Approx 6,219 sq ft J_ Outram Park MRT, Ample parking m i-m Jacalyn Chung 9455 5347 B^SSIU r^jj;'^! REA group RAFFLES PLACE RETAIL PODIUM WITH MAIN ROAD
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      314 32 FOR SALE BY TENDER Prime Residential Redevelopment Sites in District 9 Cairnhill Mansion Separate Adjoining Site 1 Freehold ±7 NS n Tit»*h Ro Height Restriction .■MwpHF^ V Up to 36 storeys J& r Anglo- rfl-imfi]<4l r J <S" Chinese J^^^^^^^^^ T^^^ca- vmvSE^ Cairnhill Mansion (»~J*^ S!SS&&*^> 0^ 2003 MP PR
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      45 33 Top Gear 2006 Awards 8 WHATCAR? Car of the Year 2007 Awards. Terms and conditions apply. Accessories shown may vary. Vantage Automotive Limited Land Rover Singapore 305 Alexandra Road, Singapore *****2 Tel: 6376 0077 Mon Sat, 9am 7pm Sun B Public Holidays, 10am 6pm www.landrover.com.sg
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