The Business Times, 14 December 2007

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Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Friday, December 14,2007
    23 words
  • Article, Illustration
    High-end home launches to take a breather
    766 1  -  KALPANA RASHIWALA The frenzy of 2007 is expected to give way to a more sedate pace, slower price rises By [SINGAPORE] Launches of high-end homes are set to shrink in the coming year even though developers will push more units across Singapore. The
    766 words
  • MARKETS DIGEST
    • Article
      PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.00 INDONESIA 15.538 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.50 CANADA 6.00 SWITZERLAND 4.01 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      MARKETS
      46 1 KLCOMP 1,410.56 -13.16 NIKKEI 225 15,536.52 -395.74 HANG SENG 27,744.45 -776.61 SET INDEX 833.09 -1.00 JAKARTA COMP 2,755.73 -40.11 MANILA COMP 3,626.21 +20.62 SEOUL COMP 1,915.90 -11.55 SHENZHEN B 681.98 -17.98 MUMBAI IND 20, ,104.39 -271.48 11AM EDT Change 13,379.28 -94.96 DOW NASDAQ 2,644.73 -26.41
      46 words
    • Article
      FOREX
      41 1 uss (s$ ier US$) 1.442 (USS/SS per 2.043 2.946 EURO(US$/S$/E) 1.472 2.123 YEN 111.50 77.30 RM 3.312 2.297 HK$ 7.798 5.409 BAHT 33.60 23.31 RUPIAH 9,314 6,460 RENMINBI 7.371 5.113 INDIAN RUPEE 39.38 27.31 A$ 1.135 0.787 NZ$ 1.276 0.885
      41 words
  • Article
    Central bankers take high-stakes gamble
    556 1 Reuters [WASHINGTON] Central banks have gambled big that they can solve the credit crisis by clubbing together to revive bank lending. The US Fed and central banks in Europe have pledged to offer as much as US$64 billion to financial institutions. The joint action is
    Reuters  -  556 words
  • Article
    What central banks are doing
    196 1 MAJOR central banks including the US Federal Reserve, the European Central Bank (ECB), the Bank of Canada, the Bank of England and the Swiss National Bank have acted in unison to provide liquidity to the banking system. The Fed will offer cash to banks in
    196 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Page 1 Miscellaneous Column 1
      83 1 IlfiiilHkJ MERGER ECONOMY COMMENTARY CLIMATE CONFERENCE l^^flj j Temasek plans to Asia at risk if US Winners in the new Predicaments must be merge 811, Danamon growth slows: ADB super broadband game considered: PM Lee I Wm\W I PAGE 3 PAGE 13 PAGE 4 PAGE 19 The accidental < businessman
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Pay revisions announced for top civil servants
        65 2 IN an effort to bridge the gap with private sector salaries, the government will implement the second phase of salary adjustments for top-level civil servants in January. This will see their annual salaries rising between 4 and 21 per cent. The adjustment will
        65 words
      • Article
        Beyonics' Q1 profit slides 48.1% as revenue falls
        57 2 BEYONICS Technology's net profit for the first quarter ended Oct 31 fell 48.1 per cent year-on-year to $3.6 million. Because of lower contribution from its core business electronic manufacturing services division and adverse exchange rates, Ql group revenue fell 12.7 per cent
        57 words
      • Article
        Koh Brothers wins $78.9m Ministry of Education job
        57 2 KUH Brothers yesterday said it has won a $78.9 million contract from the Ministry of Education to build the River Valley High School and Hostel complex at Boon Lay Avenue. Under the contract, Koh Brothers will build a comprehensive range of teaching
        57 words
      • Article
        Yellow Pages to let fingers do the travelling
        55 2 DIRECTORY specialist Yellow Pages is joining forces with search engine Berzurk.com to launch a travel search service on Internet Yellow Pages or www.yellowpages.com.sg. Users will be able to search and compare deals across airlines, online travel agencies, hotel chains and hotel aggregators'
        55 words
      • Article
        New Star turns down 3 bids for Parakou Building
        57 2 UK-BASED New Star International Property Fund has received three offers to buy the Parakou Building in Robinson Road for 20 per cent more than the $128 million it paid in May. But it has decided that the rental returns are just
        57 words
      • Article
        Asia at risk if US growth slows: ADB
        66 2 ASIA'S emerging economies are likely to be hit hard by any serious slowdown in the wake of the US sub-prime mortgage crisis, the Asian Development Bank warns in a report published yesterday. Asia still depends heavily on the US and other outside
        66 words
      • Article
        M'sia's steel sector expects to recover as economy improves
        85 2 THE steel sector in Malaysia has not aroused much investor interest largely because it is seen as requiring huge capital outlays and marred by debt and intense competition. But things may be about to change. One of the main reasons: the
        85 words
      • Article
        Taiwan bourse plans to merge with 3 smaller exchanges
        71 2 THE Taiwan Stock Exchange, anxious not to be left behind as other bourse operators merge and grow, plans to unite the country's four markets and is looking for foreign partners to put itself on the global investment map. The exchange has
        71 words
      • Article
        Oman Oil plans ventures with Tata, Reliance
        58 2 OMAN Oil Co is in talks with Reliance Industries and the Tata Group for ventures to meet rising demand for fuels and chemicals. The company will also raise its stake in a refinery being jointly built with state-run Bharat Petroleum Corp with a
        58 words
    • Article
      A last hurrah of US$31.4b in IPOs for the Asia Pacific
      833 2  -  CONRAD TAN Spores pipeline of IPOs is 3rd-largest in region, with 6 issues set to tap USs2.sb By [SINGAPORE] The pipeline of new listings of Asia-Pacif-ic companies remains healthy, with US$3l.4 billion of initial public offers in the region
      833 words
    • Article
      Central bankers' liquidity plan fails to impress Asian investors
      503 2  -  R SIVANITHY China and HK biggest losers in Asia; STI down 2% By [SINGAPORE] Investors in Asian stock markets, clearly sceptical that a plan by central banks to inject liquidity into the system to ease sub-prime pressure would work, yesterday braced
      503 words
    • Article
      Pay revisions announced for top civil servants
      937 3  -  LYNETTE KHOO Move to help close gap on private sector; performance holds key to pay on individual performance. Officers are evaluated annually and those who do not make the grade will be asked to leave the Service. Prime Minister Lee Hsien Loong will
      937 words
    • Article
      Temasek plans to merge BII, Bank Danamon
      384 3 Bloomberg It's the preferred option to meet ownership rules [JAKARTA] Temasek Holdings said it plans to merge its two Indonesian banks into the country's fifth-largest to meet ownership rules and boost their competitiveness. A merger between PT Bank Danamon Indonesia and PT Bank
      Bloomberg  -  384 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      186 2 nennle Give yourself H«„SfSyJ a break. WOI"K call us. www.thepeopleatwork.com Asia-Pacific Executive Search H6iPSt?K^~P3£&§§2EM9BftSSHBi BSMSJ^SSBTj-^i^ ■■■ml »j|jig|i|fji|jj<j|[j|j)^j*^jjjtjjj»a|« ""flP*kj^B2trl GLOBAL EDUPRENEUR PROGRAM BOOMING $100 MILLION BUSINESS I The Sunday Times 20Aug 2006 I I THIS FREE SEMINAR CAN TOTALLY CHANGE YOUR LIFE FOREVER! I I See 'LIVE' how ordinary people with
      186 words
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      Page 2 Advertisements Column 2
      229 2 lB!wMflB$Lli) advertise call 10l he 1800-289 8822 /Ml recrait@sph.coffl.sg CERU L L I ASSOCIATES Cerulli Associates is an international research and consulting firm for the financial services industry, with a special focus on asset management. We are recognized throughout the industry as a leading source of guidance, information and data
      229 words
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      Page 2 Advertisements Column 3
      22 2 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES
      22 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      101 3 The Business Times supports SINGAPORE 2 (HO I Just say yes As we know, Singapore has been short-listed to host the 2010 Youth Olympic Games. The Business Times is rallying the business community to lend their support for the bid, which will pit Singapore against Athens, Bangkok, Moscow and Turin.
      101 words
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      Page 3 Advertisements Column 2
      32 3 i**^'*1' V'-iijrtf*'-^ '">>■- 'y"Vy':" T- wt"v^*««_ f^vrt7>TtWfe*i?4#rt__*«^^ ■"vjAi v**a**We''',*i'-*iw :,'i' :*"Vi:ii'.^*|**r*"^R* v^_____k amw*^^^^^^^^^mw9Ll:^ t^jik^y flflffJWi Ur «B| > OPEN YOUR EYES AND MAKE A WISH Liat Towers Tel. 6738 9807 Takashimaya Tel. 6735 5228
      32 words
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  • COMPANY NEWS
    • Article
      Beyonics' Q1 profit slides 48.1% as revenue falls
      268 4  -  WEE LI-EN Lower sales from core business, forex losses hurt results BY BEYONICS Technology's net profit for the first quarter ended Oct 31 fell 48.1 per cent year-on-year to $3.6 million. Because of lower contribution from its core business electronic manufacturing services
      268 words
    • Article
      Big changes for telcos when NBN levels the field
      722 4  -  SIOW LI SEN THE nationwide broadband network (NBN) project has finally moved beyond the planning stage. This week, the government announced it would earmark up to $750 million in a grant to help defray the heavy cost of building a new
      722 words
    • Article, Illustration
      Tat Hong acquires heavy lifting assets in Australia
      340 4  -  OH BOON PING By CRANE rental company Tat Hong Holdings has acquired new assets in Australia. It has also completed its investments in two joint ventures in China. The Australian acquisition was made through subsidiary Tutt Bryant Group (TBG), which announced yesterday
      FILE PHOTO  -  340 words
    • Article
      Banyan Tree to manage resorts in Omani IR devt
      278 4 BANYAN Tree has signed a management contract with Jabal Resorts LLC for the development of two resorts within one of the largest integrated resort (IR) developments in Sifah, Oman. The Banyan Tree and Angsana resorts are positioned as the anchor properties
      278 words
    • Article
      STATS ChipPAC delays US trading end
      185 4 Bloomberg [SINGAPORE] STATS ChipPAC, South-east Asia's largest provider of chip-testing and packaging services, plans to delay the end of trading for its American depositary receipts (ADRs) and raise funds to pay shareholders. The ADRs may continue to be traded on the over-the-counter market in
      ■ Bloomberg  -  185 words
    • Article, Illustration
      Koh Brothers wins $78.9m MOE job
      292 5  -  UMA SHANKARI It will build River Valley High School and Hostel complex at Boon Lay Aye 3y PROPERTY and construction company Koh Brothers yesterday said it has won a $78.9 million contract from the Ministry of Education (MOE) to build the River Valley High
      292 words
    • Article
      CNTD reports Q3 loss of 220m yuan
      223 5 CHINA New Town Development (CNTD), which was listed on the Singapore Exchange in November, has reported revenue of 23 million yuan (554.5 million) for the quarter ended Sept 30, 2007. The bulk of this revenue came from its commercial property portfolio. CNTD said
      223 words
    • Article, Illustration
      Yellow Pages engine lets users compare travel deals
      300 8  -  YEN SREENIVASAN Its JV with search engine Bezurk offers data on flights and rooms, among other things By DIRECTORY specialist Yellow Pages is joining forces with search engine Bezurk.com to launch a travel search service on Internet Yellow Pages (IYP) or www.yellowpages.
      FILE PHOTO  -  300 words
    • Article
      CWT strengthens foothold in China
      394 9  -  OH BOON PING It secures land to build its third logistics facility there 3y CWT Limited, the largest logistics player in Singapore, has further expanded its footprint in China with plans for a new multi-mil-lion-dollar logistics facility in Yangshan. The company said that it has
      394 words
    • Article
      ÜBS given option on Hsu Fu Chi stock
      268 9  -  CONRAD TAN By TRANSPAC Industrial Holdings yesterday said that it has granted a call option to Swiss bank ÜBS to buy some of its shares in Hsu Fu Chi International. Transpac Industrial said in a statement that funds managed by its parent
      268 words
    • COMPANY BRIEFS
      • Article
        KTL Global share offer 11.3 times subscribed
        36 9 KTL Global, which supplies the offshore oil and gas and marine industries, said its initial public offer of 40 million shares priced at 28 cents was 11.3 times subscribed
        36 words
      • Article
        Middle East Devt, China firm in $1m JV
        80 9 MIDDLE East Development Singapore said it plans to set up a $1 million joint venture with a Chinese construction company by February next year to carry out projects in the Middle East and Africa as well as in Singapore, China and Vietnam.
        80 words
      • Article
        Sandoz to distribute AsiaPharm products
        33 9 ASIAPHARM Group has appointed Sandoz, a subsidiary of the Novartis pharmaceutical group, as its sole distribution partner in China for a proprietary drug used in treating Parkinson's disease.
        33 words
      • Article
        Pokka pumps $1.7m into HK kitchen outfit
        55 9 POKKA Corp is spending $1.7 million to enlarge its its central kitchen facilities in Hong Kong to support the expansion of its restaurant business. The group said the investment will be funded internally and is not expected to affect its earnings per share
        55 words
      • Article
        Ntegrator wins $1.3m Vietnam deal
        39 9 NTEGRATOR International has won a $1.3 million contract to supply call centre systems to a Vietnamese company. The group said the project is expected to have a positive impact on its earnings next year.
        39 words
      • Article
        Delong's production capacity up 25%
        35 9 DELONG Holdings said its production capacity of steel coils has been boosted by 25 per cent to 3 million tonnes a year with the commissioning of a new blast furnace.
        35 words
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      Page 4 Advertisements Column 1
      129 4 teddy bears and JH m fc#i£i£ii\;y 23 Bvssobah Street, Singapore *****1 www.sashasbeara.com.sg Ift 4^®s. I Lianhe Zaobao I End of the road Pearl River Delta's shoe-making industry? w "H******^*^*Ammmm§MMmmmßMmm^^^^^^***ma^^ I hi' m "J 111 vA I I RraK <4__H i___H H fl W m^LmmWrnW *V -_-_-_---H S -V Mk H
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      110 5 Season's Greetings Clifford Chance would like to wish their clients and friends a Merry Christmas and a prosperous New Year. As an alternative to sending Christmas cards this year, we will be supporting The Breadline Group (www.breadlinegroup.org), a registered charity run fully by unpaid volunteers, assisting some 200 needy families
      110 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Is it disappointment or 'sell on news'?
      569 6  -  R SIVANITHY STOCKS rhe latter seems more plausible as STI has risen almost 8.5% in the weeks prior to Fed rate move IS IT lingering disappointment over the US Federal Reserve's 25 basis point cut on Tuesday that afflicts markets, or is it
      ■: Bloomberg  -  569 words
    • Article
      SECURITIES TRADING SCOREBOARD
      99 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 3 9 5 0 0 0 3 9 5 Manufacturing 22 113 59 13 20 31 126 79 Commerce 16 38 16 17 47 22 )t/Stor/Comms 22 12 23 14 Finance 18 18
      99 words
    • Article
      SECURITIES TRADING TURNOVER
      119 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 18,640 18,640 101,573 101,573 Manufacturing 243,917 44,889 288,806 340,472 8,889 349,360 Commerce 62,238 29,565 91,803 84,308 6,416 90,724 Tpt/Stor/Comms 107,450 1,105 108,555 362,468 907 363,375 Finance 45,287 45,287 551,844 551,844 Construction 39,895 27,916 67,811 18,056
      119 words
    • Article
      STRAITS TIMES INDEX STOCKS
      227 6 Stock name «V1 Close Chani Allgreen 0.47 1.580 -0.060 Ascendasreit 0.84 2.340 4-0.040 CapitaComm 0.48 2.390 -0.030 Capita Land 4.32 6.700 -0.200 CapitaMall 0.91 3.280 -0.060 Chart SemiCond 0.54 1.020 4-0.020 CityDev 2.66 14.000 -0.400 ComfortDelGro 1.25 1.790 -0.030 Cosco Corp 1.95 5.950 -0.450 Creative Tech
      227 words
    • Article, Illustration
      BROKERS' TAKE
      933 6  -  UMA SHANKARI TARGET price cut to $2.17: Acquisitions will be constrained by limited debt headroom of about $100 million, due to relatively high gearing of 55 per cent (cap of 60 per cent), after the bridging loan provided by parent Keppel Corp. Lower DPU estimates: We lower our
      933 words
    • Article, Illustration
      US dollar steadies on central bank injections
      530 6  -  LARRY WEE CURRENCIES OVERNIGHT news that a host of major central banks led by the Fed will offer substantial liquidity injections allowed Wall Street to close higher albeit off intra-day peaks and may have bought the US currency some respite too. Aside from
      :: Reuters  -  530 words
    • Article, Illustration
      STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      UOB SESDAQ INDEX
      3 6
      3 words
    • Article
      OTHER SINGAPORE INDICES
      47 6 Dec 13 VALUE CLOSE -190.00-485.00 BT OB/OS BT CADI -*****.00-240.00 BT 10-day MA -*****.00 -19.00 All-SG Equities 965.49 -13.65 SG Equities Elect 101.82 -1.69 SG Equities Fin 2424.14 -51.77 SG Equities Prop 1354.12 -30.71 SIMSCI 424.10 -7.87 SIMSCI Futures 421.40 -10.00 PrimeParnersCI 242.69 -12.54
      47 words
    • Article
      MOST ACTIVE STOCKS
      59 6 VOLUME DBS MBL eCWOBO4O4 38,785,000 ChinaNTown 28,770,000 DBS DB eCWOBO623A 27,442,000 DBS MBL eCWOBO2O6 26,976,000 Firstßes 26,641,000 SoonLian 24,848,000 Yanqzijianq 24,242,000 STXPOKWIOO 23,590,000 SinqTeISGAeCWOBO3I7 22,280,000 Sing Tel 21,827,000 VALUE(S) DBS Grp 236,034,632 SGX 120,095,200 UOB 112,104,550 Cosco Corp 107,021,900 Sing Tel 86,177,180 Capita Land 72,815,850 Keppel Corp
      59 words
    • Article
      RISES
      112 6 BY CENTS OSE UP 1500 120.0 8.7 OUE Jardine C&C 2070 90.0 4.5 GLD 10US$ 8020 57.7 0.5 GuocoLand Ltd 580 20.0 3.6 Shani iLa Asia 2360 14.8 3. Cmdto 10US$ 344 14.4 3.' Wilmar 494 12.0 2.5 Total Access 110 11.5 7.8 Creative Tech 640 10.0 1.6 DBS
      112 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN JMH 2630-144.1 -3.7 China H 10US$ 2090-115.3 -3.7 iBS Gri 2060 -80.0 -3.7 STI ETFI OPV 3560 -70.6 -1.9 "osco Cor| 595 -45.0 -70 HK Land 470 -43.2 -6.0 JSH 1470 -43.2 -2.0 STI ETF 100 3602 -43.0 -1.2 :ito 1400 -40.0 -2.I S I
      117 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      81 6 CLOSE FR Dec 12 S$ LOW S$ HIGH USS 1.4407 0.12 1.5479 1.4363 Euro 2.1168 0.03 2.1639 1.9913 Pounds 2.9410 0.20 3.1194 2.9158 AS 1.2701 0.12 1.3555 1.1741 Yen* 1.2890 0.56 1.3821 1.2285 Rupiah* 0.***** 0.23 0.***** 0.***** Baht* 4.2878 0.06 4.5700 4.1730 Peso* 3.4985 -0.08
      81 words
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      Lock icon Page 9 Advertisements Column 2
      315 9 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 Internet
      315 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Consumers are more upbeat about outlook: survey
      550 10  -  OH BOON PING But sentiments over stock market, quality of life, regular income slide By SINGAPORE consumers are now more bullish about their prospects in the next six months than a year ago, despite the recent spike in market volatility and US sub-prime
      550 words
    • Article
      Lock icon Furniture industry should aim to grow exports: Hng Kiang
      261 10 SINGAPORE'S furniture industry should aim to increase its share of the global furniture export market from the current 0.7 per cent to 2 per cent by 2015, said Minister for Trade and Industry, Lim Hng Kiang, at the launch of the
      261 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7791 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.063/ Star Europe Bond 1.203/ Star Europe Bal 1.249/ Star Asian Tiger Eqty 1.692/ Star Asia Bond 1.25/ Star Asia Balanced 1.072/ Star Global Technology Fund!** 0.236/ Multi St Fd 0.936/ Star Asia Bond(USD) 0.865/ Gib Multi St USD
      7,791 words
    • Article
      Lock icon New Star turns down 3 bids for Parakou Building
      440 12  -  ARTHUR SIM Potential buyers included a private investor and two international funds By, UK-BASED New Star International Property Fund has received three offers to buy the Parakou Building in Robinson Road for 20 per cent more than the $128 million it
      440 words
    • Article
      Lock icon GP costs up, but income stagnant
      219 12 SENERAL practice (GP) clinic costs and fees have "isen substantially over the oast decade, but the averige income of a GP has renamed stagnant, accordng to a survey by the Singaoore Medical Association ;sma). Operating costs were markedly higher in 2006 compared with 1996,
      219 words
    • Article, Illustration
      Lock icon Time and tide wait for no man at this watch sale
      287 12  -  ARTHUR LEE By SANTA paid a surprise visit to some watch lovers yesterday. It was a rare opportunity to purchase a fine timepiece at a discount of up to 80 per cent. Things were not so happy for the
      -~ a k J ARTHUR LEE  -  287 words
    • Article
      Lock icon More than 6 proposals for Tuas Power: Temasek
      289 12 TEMASEK Holdings has received over half-a-dozen "indicative proposals" from prospective buyers of Tuas Power the first of three generating companies (gencos) to be sold by the Singapore investment company, BT has learnt. Temasek, however, declined to confirm the number, with a spokesman
      289 words
    • Article
      Lock icon Sistic CEO to step down in January
      122 12 THE chief executive officer of Sistic, Jennifer Pok, will step down in January, after 11 years with the Singapore tickets agency. Her duties will be assumed by chief operating officer Kenneth Tan, who has been promoted to deputy CEO. Ms Pok is to
      122 words
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      43 words
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      306 words
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  • ECONOMY WATCH
    • Article
      Lock icon PECC sees slower Asia-Pacific growth in 2008
      646 13  -  OH BOON PING Think-tank forecasts 4.9% GDP growth this year and next By [SINGAPORE] Asia-Pacific's economic outlook is now more uncertain than any time since the 1997 Asian crisis, and the region is expected to post slower economic growth in 2008, according to
      646 words
    • Article
      Lock icon China to allow foreign securities JVs again
      338 13 -Reuters [SHANGHAI] China announced plans to further open its financial markets yesterday, saying it will allow foreign firms to invest again in domestic securities joint ventures, but did not go as far as US officials wanted. The Chinese government gave no timeframe on
      -Reuters  -  338 words
    • Article
      Lock icon Asia at risk if US growth slows: ADB
      547 13  -  ANTHONY ROWLEY Region still depends on outside markets despite growing intra-Asian trade By in Tokyo ASIA'S emerging economies are likely to be hit hard by any serious slowdown in the wake of the US sub-prime mortgage crisis, the Asian Development Bank warns
      547 words
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      523 13 I iL I PUBLIC OFFERING H^H ™~t*!iii" J _^_______________l________^^k_. ___________.> hi Bfft.xjr*gfr*ffi_wB%r'^' i -..Bl 188 Bx_~JJ I: I trflfcant* 'SrfSjA-^fl *»V 'ass* -^JB^^jßEl_9^*'^l Hi *ri 111 ME^ I H ra *tt^V <:H |p$ /^Kfl UNITED OVERSEAS AUSTRALIA LIMITED Registered in Australia as a public company with limited liability HjUjH (Australia
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Malaysia's steel sector expects to recover as economy improves
      462 14  -  S JAYASANKARAN More sales to come with construction spike; steel prices seen stabilising By in Kuala Lumpur THE steel sector in Malaysia has not aroused much investor interest largely because it is seen as requiring huge capital outlays and marred by
      462 words
    • Article
      Lock icon KL arrests five Hindraf leaders under ISA
      634 14  -  S JAYASANKARAN THE Malaysian government has cracked down on the Hindu movement calling for greater rights for Malaysian Indians, arresting five of its leaders under the Internal Security Act (ISA), which theoretically permits indefinite detention without trial. The five are lawyers P Uthayakumar,
      634 words
    • Article
      Lock icon Bakrie is richest Indonesian: Forbes
      271 14 AP [JAKARTA] Indonesian business tycoons nearly doubled their net worth to US$4O billion in 2007, Forbes business magazine said yesterday, helped by soaring profits from coal, palm oil and paper. Government Welfare Minister Aburizal Bakrie whose net worth surged more than four-fold to US$5.4 billion
      AP  -  271 words
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      124 14 STILE BY BUILDERS SHOP fl ji^n n 'i w Mr F E fl 1 !i .d Q O if 11-? I A fl X \ll\i fl ni .'iWr/vSn Wr I __l ____r _u____ _^_________l _R'^''> r >^^. _____l _________^^_______________^__^____^_______________T___________! ______fl^fli nfl l fl-' fl I fl Rk^' j m _____________l^____Mr^^
      124 words
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  • GREATER CHINA
    • Article
      Lock icon Taiwan bourse plans to merge with 3 smaller exchanges
      415 15 Reuters It also has held discussions with foreign bourses about tie-ups [TAIPEI] The Taiwan Stock Exchange, anxious not to be left behind as other bourse operators merge and grow, plans to unite the country's four markets and is looking for foreign
      Reuters  -  415 words
    • Article
      Lock icon China's industrial output growth eases
      218 15 AFP [BEIJING] Growth in China's industrial output eased for the third straight month, official data showed yesterday, indicating that export demand was weakening slightly and efforts to curb lending were kicking in. Industrial output expanded by 17.3 per cent in November over the same period
      AFP  -  218 words
    • Article
      Lock icon HK hands plan to tackle stock risks to China
      416 15 Reuters BEIJING] Hong Kong has Dresented a plan to China's "abinet on how to handle ;he risks in a long-delayed scheme for mainland Chinese to invest directly in Jong Kong shares, Hong bong's top central banker .aid yesterday. Joseph Yam, chief
      ■ Reuters  -  416 words
    • Article
      Lock icon Li Ka-Shing firms to buy stake in UK water utility
      264 15 Bloomberg SYDNEY] Companies conrolled by Hong Kong bilionaire Li Ka-shing will )uy a £12 5.2 million *****.7 million) stake in he JPMorgan Chase ]o-led group that acquired JK's Southern Water Capial Ltd. Cheung Kong Infrastrucure Holdings Ltd, Li Ka ihing
      – Bloomberg  -  264 words
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  • INDIA
    • Article
      Lock icon Oman Oil plans ventures with Tata, Reliance
      431 16 Bloomberg Company will also raise stake in refinery tie-up with Bharat Petroleum [NEW DELHI] Oman Oil Co is in talks with Reliance Industries and the Tata Group for ventures to meet rising demand for fuels and chemicals. The company will also raise its
      Bloomberg  -  431 words
    • Article
      Lock icon GMR sells US$1b of stock to investors
      325 16 Bloomberg [NEW DELHI] GMR Infrastructure, the operator of New Delhi airport, sold US$l billion of shares to investors, including George Soros and Citigroup on Wednesday to build roads and airports in India. The company, which is building a second airport terminal in Istanbul,
      Bloomberg  -  325 words
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      3933 16 IN THE MATTER OF mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm^ IN THE MATTER OF the companies act, cap. so ACE ACHIEVE INFOCOM LIMITED THE companies act, cap. so IN the matter of Registration No. ***** IN THE MATTERS OF SSJX R^JJ!^ L.H^ LTH (Incorporated in Bermuda) (1 HARRAH'S ASIA PTE. LTD. SINGAPORE PRIVATE LIMITED Reg
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      Lock icon Page 16 Advertisements Column 2
      159 16 SPLENDOUR MERRIMENT SPIRIT I -night Sanctuary Room I -night Sanctuary Room I -night Sanctuary Room Accommodation Accommodation Accommodation Christmas Breakfast for 2 Christmas Eve Set Dinner for 2 Christmas BBQ Buffet for 2 Christmas Day Brunch for 2 Christmas Day Brunch for 2 Ss3oonett Ss6s2nett Ss692nett Upgrades: Colonial Courtyanl Suites
      159 words
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  • Page 17 Advertisements
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      273 17 TU RQUOI'S E SENTOSA COVE Experience true waterfront living. ___________.^^!^^^^^^^^^^^T^fe»v __________i^^__^3^l*^^________! ______________it>v. jjgj 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^^ \mmw*^^ **I^mm\ mWmm. mw^^ different
      273 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Tokyo plans bourse aimed at professional investors
      586 18  -  ANTHONY ROWLEY Emerging Asia firms joining this new market can tap big pool of capital: TSE By in Tokyo THE Tokyo Stock Exchange is planning to launch a new professional investors market to allow "emerging" companies from across Asia to list their stocks
      586 words
    • Article
      Lock icon Nov retail sales up by 1.2% on rise in pump prices
      336 18 AP, Reuters LATEST US DATA [WASHINGTON] Consumers in the US put aside worries about the weak economy in November to storm into the shopping malls, pushing up retail sales by the largest amount in six months. The Commerce Department
      AP, Reuters  -  336 words
    • Article
      Lock icon Hoi An offers tourism cooperation potential
      234 18  -  CHUANG PECK MING By in Hoi An, Vietnam SENIOR Minister Goh Chok Tong sees potential for Viet-nam-Singapore cooperation in tourism in Hoi An, in central Vietnam. Speaking to local officials before dinner, after an afternoon tour of the city's old town, a popular destination
      234 words
    • Article
      Lock icon Weill sees changes ahead at Citi
      445 18 Bloomberg [FRANKFURT] Citigroup's former CEO Sanford "Sandy" Weill says the new chief executive officer may have to revise the financial company's business model. "It's the new management's job to look at the world as it changes, and how do we look at change and
      – Bloomberg  -  445 words
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      630 18 mm \jjj m \^JMmmmmmmm^m^M Darling Liffle Tresis -for Chrisimasl Ipf TT'I It doesn't matter to us which country it comes from, its mmm^m j% These loveLcupcalcesw.il melt the hearts of d\ brand, its awards or what the label claims. j anyone who sees them. I\ I We Qre trustec f
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  • CLIMATE CHANGE CONFERENCE
    • Article
      Lock icon Emission caps must consider predicament of nations: PM Lee
      640 19  -  MATTHEW PHAN Spore dependent on fossil fuels; nuclear unfeasible, other sources unavailable By in Bali ANY commitments to cutting emissions that Singapore makes under the next phase of the Kyoto Protocol must take into account its dependence on fossil fuels and
      640 words
    • Article
      Lock icon AES to build 40 power plants
      497 19  -  LAUREL TEO They'll be located in Thailand, Indonesia and run on rice husk Reports by in Bali ONE of America's largest power and utilities companies, AES, is planning to build up to 40 bio-mass-fuelled power plants in Indonesia and Thailand. The plants will be
      497 words
    • Article, Illustration
      Lock icon Past decade hottest on record: UN body
      418 19 NEW evidence has just been released pointing to an inevitable global warming trend. According to a preliminary annual report by the World Meteorological Organisation (WMO), the last 10 years on Earth have been the hottest decade on record. This conclusion was based on
      AP  -  418 words
    • Article
      Lock icon EU warns it may boycott US-hosted climate talks next month
      284 19 Reuters [NUSA DUA] The EU yesterday threatened to boycott US talks among the top greenhouse gas emitting nations, accusing Washington of blocking goals for emissions cuts during UN talks in Bali. "It's true that if we would have a failure
      ■ Reuters  -  284 words
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  • AVIATION
    • Article
      Lock icon Dearer fuel, slowdown will hit aviation profits badly
      593 20  -  YEN SREENIVASAN Efficiency vital, says lata, as it cuts 2008 profit forecast from USs7.Bb to USssb [SINGAPORE] The International Air Transport Association (lata) has sharply revised downwards its 2008 profit outlook for global aviation to US$5 billion, from its previous forecast of
      593 words
    • Article, Illustration
      Lock icon Want to spice up your flight?
      57 20 AP POP band from the '90s, the Spice Girls, (from left), Geri Halliwell, Melanie Brown, Emma Bunton, Melanie Chisholm and Victoria Beckham, having fun at the naming of a Virgin Atlantic Boeing 747 jet 'Spice One' in their honour before it left for London
      AP  -  57 words
    • Article
      Lock icon China Eastern expects profit in 2007
      179 20 Rev ters [HONG KONG] China Eastern Airlines, which plans to sell a 24 per cent stake to Singapore Airlines (SIA) and Temasek Holdings for US$92l million, said yesterday it expects to return to profit for the whole of 2007. "We expect to see profit
      Rev ters  -  179 words
    • Article
      Lock icon SIA to fly direct to Moscow 4 times weekly from March
      240 20 [SINGAPORE] Singapore Airlines is increasing frequency on the SingaporeMoscow route to daily from March 20 next year, with four of the weekly flights flying on from there to Houston, Texas. The present three-times-weekly service via Dubai will be complemented
      240 words
    • Article
      Lock icon SIA says it's not keen to buy Alitalia
      283 20 Reuters Troubled airline puts off picking a buyer until next Tuesday [ROME] Ailing Italian airline Alitalia said yesterday that a group including Singapore Airlines (SIA) and two funds had expressed interest, sending its shares up nearly 3 per cent. But SIA, in
      Reuters  -  283 words
    • Article
      Lock icon Qantas predicts record earnings
      191 20 Bloomberg [SYDNEY] Qantas Airways raised its profit forecast, predicting record earnings for 2008 as economic growth led by a commodities boom, helps the carrier fill more seats. The shares rose the most in a year. The airline said full-year earnings before tax will rise 40 per
      Bloomberg  -  191 words
    • Article, Illustration
      Lock icon Boeing lands US$800m Nasa moon rocket job
      394 20 Bloomberg [SEATTLE] Boeing Co, the second-largest US defence company, won a contract valued at about US$BOO million to build the flight-con-trol unit of Nasas Ares I rocket, the last major award for the programme. The Ares I will propel Nasas newest spaceship, the
      ■ Bloomberg; AP  -  394 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPATURES
      2443 20 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: Birnan Bangladesh Airlines (E: Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,443 words
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  • SHIPPING
    • Article
      Lock icon No clash in EU directive, Marpol
      687 21  -  SELVA KUMAR ADMIRALTY CASEBOOK Court finds their respective standards effectively the same By T| HE European Union directive on ship-source pollution is not incompatible with the International Convention for the Prevention of Pollution from Ships (Marpol Convention), the European Court of Justice (ECJ) ruled
      687 words
    • Article
      Lock icon STX stock rises on better outlook
      147 21 Bloomberg [SEOUL] STX Shipbuilding Co, the first South Korean shipyard to build vessels in China, rose for the first time in seven days in Seoul trading on expectations of improved earnings next year. STX Shipbuilding shares gained 3.3 per cent to 50,100 won as
      Bloomberg  -  147 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        132 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.84 0.39 5.95
        132 words
      • Article
        Lock icon KLSE
        37 21 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.19 9.80 9.90 4.56 2.92 0.27 0.20 -0.03 -0.10 unch -0.06 -0.02 0.04 0.01 178 338 1046 4201 81 46 52
        37 words
      • Article
        Lock icon BANGKOK
        13 21 '00 lee ■recious Ship Jegional Cont 27.25 29.50 1.00 unch 6623 411
        13 words
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        Lock icon HONGKONG
        11 21 '000 joil lingamas Cont 58.55 3.23 -3.45 -0.06 1669 2788
        11 words
      • Article
        Lock icon PHILIPPINES
        26 21 '000 lee 13 Peso Vol Aboitiz Equity ntl Container Keppel Marine Keppel Prop 7.00 45.00 1.98 unch unch 1.00 -0.02 unch 3911 463 50 0
        26 words
      • Article
        Lock icon TAIPEI
        23 21 lee Evergreen Marine ....26.70 :irst Steamship 66.00 /Van Hai Lines 26.50 rang Ming Marine...23.70 -0.55 -2.40 -1.35 -1.10 12 6 8 10
        23 words
      • Article
        Lock icon TOKYO
        38 21 '000 (awasaki Hvy Ind ..342.00 -9.00 8535 (awasaki Kisen ...1171.00 -10.00 7714 Mitsubishi Hvy 502.00 -25.00 ***** vlitsui Eng&Sbldg...452.00 -18.00 ***** vlitsuiOsk Lines ...1514.00 -32.00 ***** Nippon Express 568.00 -14.00 4060 JipponYusen 926.00 -13.00 8953 iource: Reuters
        38 words
    • Article
      Lock icon Winds could spread Korean slick
      198 21 Reuters [SOUTH KOREA] Strong winds yesterday threatened to spread the devastation from South Korea's worst oil spill and cold weather hit already slow clean-up efforts by thousands of exhausted workers. Six days after a crane barge punched holes into a huge oil tanker which then
      – Reuters  -  198 words
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      447 21 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO MAIN LINE OPERATORS BUSINESS PLAN 2008 The following Feeder Operators wish to inform the trade of their Business Plan for 2008 as follows: The first Rate Restoration for 2008 will be implemented on 1 March 2008. With this long period of notice of
      447 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Singapore's biofuels hedge
      462 22 SINGAPORE'S reputation as the world's third largest oil refining hub is under siege. India's Jamnagar, with plans to boost capacity to over 1.9 million barrels per day (bpd) -will soon overtake long-time hubs like Singapore and Rotterdam (each with about 1.3 million bpd) as the world's single
      462 words
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      Lock icon India s openness to global trade surging
      899 22  -  ANDY MUKHERJEE Money flowing into and out of the country hits USs9l3b or 110% of GDP INDIA'S openness to global trade and investments has seen a remarkable increase in recent years. In the year ended March 31, the sum of money flowing into
      AFP  -  899 words
    • Article, Illustration
      Lock icon North Korea: damned if it does, damned if it doesn't
      769 22  -  FRANK CHING THE BOTTOM LINE 1 HE six-party talks hosted by China on North Korea s nuclear weapons programme have reached a critical stage, and signs are that while the disabling of the nuclear reactor at Yongbyon is going well,
      769 words
    • Article, Illustration
      Lock icon Global solution to global credit crisis
      909 23  -  MIKE DOLAN The concerted announcement of temporary short-term lending facilities by five central banks was long overdue 3y THE lending crisis that threatens the world economy is a malfunction of what has become a quintessentially global banking system the only wonder is why it
      REUTERS  -  909 words
    • Letter
      Lock icon No need for watchlist for cash firms
      187 23  -  Richard Teng LETTER TO THE EDITOR WE refer to the article, "Put cash firms on watch-list too" (BT, Dec 11). The Singapore Exchange (SGX) had already announced new listing rules on Nov 12 to: allow continued trading of cash companies with safeguards of
      187 words
    • Article
      Lock icon BURSA MALAYSIA
      2323 23 lee 13 RM ('000) \&M Realty 0.92 s,bricBhd 0.29 \dvance Synergy 0.29 \dventa Bhd 1.40 \e Multi Hldgs 0.30 \ffin Holdings 2.56 \hmad Zaki Resou 2.89 \icCorp 0.93 Surasia Bhd 1.85 \kn Messaging Te 0.18 \kn Technology 0.63 \lliance Financi 3.00 \luminium Co 1.21 \malgamated Ind 0.50 \minvestment
      2,323 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8636 24 Transaction date: Dec 13 High »-wks Tel Low Code Company Sale COOP) High ■ow Buyer Seller C'vr P/E $mil 3 2 5716 1st Software 22 8 3148 8Telecom 34 16 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEICorp 27 13.5 1100 AEM 42
      8,636 words
    • Article
      Lock icon SGX XTRANET
      81 24 52-Wk Tel High Low Code Last Sale Vol ('000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Com| >arr Hii 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      81 words
    • Article
      Lock icon SGX SESDAQ
      2071 24 52-Wk Tel Hiqh Low Code Last Sale Vol ('ooo; Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com Hii 30 11.5 1181 AAGrp 41.5 20 5000 ABR Hldgs 31 21.5 8538 APStrategic 16.5 2.5 1501 Advanced System 70.5 15 1524 Alantac 22.5 8
      2,071 words
    • Article
      Lock icon CLOB INTERNATIONAL
      253 24 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      253 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 12 World Index Preliminan 1157.5 0.6 5.2 0.4 3.1 0.6 90 EAFE Preliminan 1150.9 -0.1 3.9 -0.4 5.5 -0.2 12., Euro[ Preliminan 1574.3 0.2 5.4 0.1 7.4 0.2 14., Pacific 1000.1
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 25 A. s 9am Dec 13 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2670 1.2820 Can dollar 1.4150 1.4320 Euro 2.1100 2.1340 NZ dollar 1.1240 1.1480 Sterlin ind 2.9310 2.9640 US dollar 1.4330 1.4500 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon INTERBANK RATES
      153 25 Dec 13 Jvernight 1 1/4 -montii 2 5/16 1-months 2 1/2 1-months 2 9/16 Overnight mode: 1 1/8 JS$ Offer 1 1/8 2 3/16 2 3/8 2 7/16 Bid days month 1 months 1 months i months 1 months 2 months iFr 4.35 5.15 5.10 5.10 4.85 4.65
      153 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Dec 73 STI SIMSCI Dec 431.5 437.4 421.4 Taiwan Dec 330.1 331.5 315.7 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 25 Dec 13 Bid Offer -month 1.4376 1.4388 i-months 1.4344 1.4357 1-months 1.4325 1.4338 i-months 1.4260 1.4274 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      150 25 Dec Currencies Bid Offer Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2694 1.2706 0.8808 0.8810 Canadian dollar 1.4221 1.4238 0.9868 0.9873 Euro 2.1219 2.1236 1.4723 1.4725 NZ dollar 1.1293 1.1308 0.7836 0.7841 Sterlim 2.9445 2.9471 2.0431 2.0435 US dollar 1.4412 1.4422 S$IUS$ to
      150 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      359 25 Dec n OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 EUROYEN FUTURES 95.057 95.635 96.075 96.325 0 0 0 0 9309 ***** ***** 8113 3ec07 99.135 99.140 Vlar08 99.185 99.225 Iun08 99.190 99.240 iep08 99.215 99.215 3ec08 99.165 99.170B Vlar09 99.120 99.120 Iun09
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    • Article
      Lock icon SICOM FUTURES
      278 25 Dec 13 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 Oct/Dec 08 360.00 362.50 365.00 370.75 373.25 375.00 RSS 3 (US cents/kg) Month Hja Low Sett Volume (tonnes) Open
      278 words
    • Article
      Lock icon CHICAGO BOT
      106 25 Dec 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1151.50 1135.50 1153.00 1132.00 Mar 08 1170.75 1154.50 1171.50 1152.00 May 08 1183.25 1165.50 1184.50 1160.50 Jul 08 1185.75 1166.50 1186.00 1162.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low ih/Low Dec 07 46.25 45.58
      106 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Dec 72 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 92.03 3.43 WTI (Near Mth) 94.26 4.94 Dubai (1-Mth F) 84.59 1.27 Tapis blend 94 0.5 Minas 92.8 0.5 PRODUCT USS/barrel (FOB S'pore) Close Chanqe ire) Naphtha Jet Kerosene 92.27 106.10 1.86 1 USS/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 25 Dec 13 AS_ 51 Rmb Euro HKS Ind Rs Rt Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.892 6.493 0.598 6.869 34.689 82.043 0.982 8.148 2.917 1.124 53.915 36.275 1.270 5.939 0.996 28.510 29.598 0.431 0.881 Canada 1.120 7.275
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    • Article
      Lock icon GOVERNMENT SECURITIES
      89 25 Dec 13 Period Issue code Maturity Yesterday's Bid Hii Day's h Low 3-Month BQ*****S 13.03.08 1-Year BY*****A 29.09.08 1.86 1.92 1.85 1.83 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
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    • Article
      Lock icon SIBOR
      78 25 Dec 13 (US$) (S$) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths
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    • Article
      Lock icon PALM OIL
      61 25 DecU Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Dec 07 2910 2911 2914 2901 172 697 Jan 08 2908 2910 2922 2900 1228 6903 Feb 08 2915 2920 2934 2907 6099 ***** Mar 08 2924 2930 2938 2910 2244 ***** Total
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    • Article
      Lock icon PRECIOUS METALS
      134 25 Dec 13 /oz) )ec )ec Hong Kong London 803.00 808.50 804.00 809.50 Dec 11 Dec 12 808.30 811.70 809.00 812.40 Source: Reuters CAST BAR (S$) Dec 13 Buying Sellini Kilobar "40,355.05" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz
      134 words
    • Article
      Lock icon LONDON METALS
      75 25 Dec 12 Ai.. m n m qq 70/. luriti iiuiii, yy.i (USS/tonne) Close Previous :ash 2402.00 2409.50 I months 2457.00 2465.00 Copper, Grade A (USS/tonne) ;ash months 6667.00 6720.00 6760.00 6820.00 .ead (USS/tonne) :ash 2581.00 I months 2570.00 2519.50 2520.00 Jickel (USS/tonne) ]ash I months *****.00 *****.00 *****.00
      75 words
    • Article
      Lock icon LIFFE
      83 25 Dec 12 COCOA (£/tonne) Close Prev Hit h/Low Dec 07 1026 1028 1035/1023 Mar 08 1055 1046 1059/1044 May 08 1072 1060 1073/1064 Jul 08 1102 1088 1103/1094 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1840 1829 1843/1804 Mar 08 1871 1859 1874/1834 May 08 1892 1880 1895/1859 Jul
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    • Article
      Lock icon BONDS & WARRANTS
      2617 25 BONDS WARRANTS rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 31.5 -2.5 323 1 87 23 3.06 32 »ArianeCorpLtdW*****9 3 0.5 710 1 5 24 S798Ascendas REIT SGA ECW*****3 ...10.5 -1 4815 1 248 3 »92
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      2937 26 The Business Times Shipping Times M wwmm^ww^M lil'tTillill Ji^^-jIT-ii kJ£f>U3li mm wan hai international pte ltd crn0n*****0000/r oooaaj K'ftJ&BSSSjSSJI jfiHl tBWfTrriTnWrIYIfTTTBHM ■■>>>■ ■■>■ TEL *****588 (14 LINES) FAX: *****163 IJ^F^" IV Z>^l |llFhi\*l ll rBHfISffIKSHPSiWHWB I^KBmniPlW^WmlimHM \.\M\ IA/AM II Al INF\ Customer S«tvi<«/Bookin^ Direct Line (1800) *****200 tM^jH^HMt^^^^|^ll^M B^O.BirX'i!.l!£nyl'r7T'tO V,
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      3030 27 If ?^j\\ Lrf I llt*~\ EASTERN CAR LINER, LTD I lE^iW^ke GIST/r> §7 I 11 .ifife*' V-" IV 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS 'M B!HHBIBBHSEHSEJ!HBM —voy Rampiiai —I uitina(KT) —I —Singapore I —ai —I —chen —I —ere —I —kol SHEV"CONN!niNG MOTH!R VSLS T0 !UROPt (™™>we, Rotterdam
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  • Page 28 Advertisements
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      4559 28 ■^^■^■^■^RHl^^^H I gg ANDERSEN Fiji GWRY NAVIGATION GROUpI ||B|l W—M U! W—jl mmmm] shipping company./' 70 Shenton Way, #21-03 Marina House Singapore *****8 %k.W% FB^KJ. NORTH WEST EXPRESS LINE I i since iwi INWMn VVCJI CATUCJO LIINC OWNS OPERATES THE YOUNGEST FLEET Imi! MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS
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  • CHRISTMAS
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      1289 29  -  ZAHABIA SALEEM Still stumped for a Christmas gift? PARVATHI NAYAR suggests some hardbacks that should delight most readers THANKS to JK Rowling, hardback books ranked among the hottest properties in entertainment this year. Despite this shot in the spine, so to say, doomsday prophets still predict the
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  • PURSUITS/WINE
    • Article, Illustration
      Lock icon Gifts of love from a potter's wheel
      835 30  -  JAIME EE A group is holding an exhibition-sale of pottery pieces this weekend for a worthy cause, reports A HUSBAND plugging his ears with his fingers against the relentless din of exploding firecrackers. His wife, much better prepared, with ear plugs, casts a
      835 words
    • Article, Illustration
      Lock icon Enjoyable night of food and wine pairing
      610 30  -  CHRISTOPHER LIM 3y EVERY wine dinner organiser wants to bill his event as exclusive and luxurious, but the Hermitage wine shop threw a party at The Tower Club on Nov 30 that was special enough to warrant the description. The centrepiece of the
      610 words
    • Article
      Lock icon Two exquisite gems from Southern Rhone
      821 30  -  N X YONG By CHATEAU RAYAS RAYAS is to Southern Rhone what Romance Conti is to Burgundy or Le Pin to Bordeaux it is in that league. Chateau Rayas is the undisputed King of Chateauneuf-du-Pape. The estate dates back to 1894 when it was
      821 words
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  • CLIPPER ROUND THE WORLD RACE
    • Article, Illustration
      Lock icon Quick action stops repeat of spinnaker nightmare
      736 31 But Uniquely Singapore still slips from mid-fleet under torrid weather conditions, reports VINCENT WEE THE 10 yachts in the Clipper 07/08 Round the World Yacht Race have had a mixed bag of weather on their 4,200-mile voyage across the Southern Ocean. As they
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  • Page 31 Miscellaneous
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      333 31 CRYPTIC CROSSWORD ACROSS 6 Still one supposed mountain 9 Alan's put out by such a creature (4) sound (5) ~l Commander taking best 10 Deserve to react with loader quality US tool on first icy andunloader(9) mountain (8) 11 We called by lake during ar- 8 Doctor meant to re
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  • ARTS
    • Article, Illustration
      Lock icon Drawing ideas from drawings
      722 32  -  An ongoing exhibition helps to redefine the artform, says PARVATHI NAYAR HAT is a drawing? Multiple answers M to this deceptively simple question can be found in an ongoing show, Drawing Breath. The exhibition showcases selected works by award winners from the Jerwood Drawing Prize over
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      51 32 W^ Mr M Mr/ c WwmW A w j^M\ M^&MMS&Sy^S^Jf* :Mm uwjL^^^MM JmW S^fcSM^&^^^^mm^mMMM^r Mmrn^K tfjMWKmS&^SEBBB^MM&^MMm. Yt mmmmmmzGt^mKSlLmmzKmml^mm^mmmml THE NEW ASCENT|Ti Forged from solid titanium. Finished in sapphire crystal and ceramic. g^i*- Vertu Fortress technology for secure Ijl J data backup. Twenty-four hour U concierge service. VERTU +65 6723 2288
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  • Page 32 Miscellaneous
    • Miscellaneous
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      462 32 artBEAT V.I.S.T.A Lab, a project conceived l^J -jy is based on the *^>i^fc h f people's memories. jH 0 Through an innovative JMH h|* J^ audio-visual Bg^^ .^{JA. installation, Interference, it allows the exploration of the noise of forgotten history moments seemingly deemed irrelevant in our invention of a vibrant,
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  • CINEMA/MUSIC
    • Article, Illustration
      Lock icon Three guys, one woman and thousands of fake corpses
      642 33 The Warlords huff and puff but don't blow anyone away, says JAIME EE ONCE upon a time in 19th century China, there lived three brothers. They weren't siblings from the same mother they were of the hard-core sworn-blood variety for whom
      642 words
    • Article, Illustration
      Lock icon The Bold and the Beautiful from Sweden
      486 33  -  BEN MUNROE CD REVIEW A Fraction of You Fredrika Stahl Sony BMG C+ The Black and White Album The Hives Universal B By EVEN if it were not the season of goodwill, it would be hard not to partially swoon over Swedish singer
      486 words
    • Article, Illustration
      Lock icon Inimitable jazz duo returns
      655 33  -  CHRISTOPHER LIM By MUSIC reviewer Carol Wright mischievously wrote that you either love Tuck Patti, or you haven't heard them yet. But tongue in cheek or not, this is actually a pretty accurate description of the husband-and-wife jazz duo, who will be performing in Singapore next
      655 words
    • Article, Illustration
      Lock icon Compliments of the, squeak, chef
      382 33  -  PARVATHI NAYAR DVD By RATATOUILLE throws together two unlikely ingredients a rat and good food to come up with a delicious dish that has you craving for seconds. This DVD is a good buy, as chances are high you'll get repeat viewings from it. Remy
      382 words
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      84 33 Kusmana's Solo Exhibition A reflection of Kusmana's Motherland i«/^^^^^» From now till 31st December 2007 V?^»ii\ v^ Romantic impressionist oil paintings by *v j *v j c Tembusu Art Gallery Kusmana depicting the depth and vastness of 11 .tv v *6 Smith Street Singapore *****0 Sundanese ram forests as well
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  • executiv lifestyle
    • Article
      Lock icon A weatherman's song of lament
      462 34 I AM a weather forecaster and I very much hope that it floods today. It's not that I am mean-spirited, live in a high-rise condo on elevated ground, drive an offroader and eat lunch in the office whereas many people do not. I hope it
      462 words
    • Article, Illustration
      Lock icon Let s throw a private party!
      1567 34  -  Retirement bashes, bachelorette nights whatever the occasion, more people and corporates are hosting social gatherings and the budgets are bigger as we head into 2008, reports CHRISTOPHER LIM PARTY season is upon us, with clubs and pubs already crammed with revellers well before the
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  • Page 34 Miscellaneous