The Business Times, 19 December 2007

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Microfilm: NL28596
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Wednesday, December 19,2007
    23 words
  • Article, Illustration
    Lock icon Good class bungalow prices surge 40%
    945 1  -  KALPANA RASHIWALA Huge wealth creation, high networth PRs cited for hike; smaller gains likely next year [SINGAPORE] The demand for gracious bungalow living is chugging along quite nicely. In fact, average prices of Good Class Bungalows (GCBs) are expected to appreciate by about 10
    URA, Savills Research & Consultancy  -  945 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 uesday 1,385.45 lange -6.16 1COMP IIKKEI 225 15,207.86 -41.93 1ANG SENG 26,732.87 +136.29 ;et index 813.90 -3.72 JAKARTA COM P 2,646.23 -18.69 1ANILACOMP 3,470.21 -16.61 ;eoulcomp 1,861.47 +21.65 IHENZHEN B 669.14 +1.60 IUMBAI IND 19,079.64 -181.71 11.10AM EDT Change 13,208.57 +41.37 )OW IASDAQ 2,585.12 +10.66
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.200 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.84 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      35 1 IS$ (S$ US$) 1.459 (USS/SS ii 2.021 2.949 ;URO(US$/S$/E) 1.441 2.102 'EN 113.10 77.50 3.352 2.297 IK$ 7.800 5.346 !AHT 33.65 23.06 lUPIAH ,398 6,441 lENMINBI 7.384 5.061 INDIAN RUPEE 39.49 27.06 1.162 0.796
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  • Article
    Lock icon S'pore becoming a magnet for the world's wealthy
    593 1  -  SIOW LI SEN Non-residents' deposits rise, fuelled by strong Ss, private banking drive [SINGAPORE] As wealth from across the globe seeks new homes, a growing chunk is finding its way to Singapore. In fact, more rich people who live elsewhere have decided
    593 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 PROPERTY EXEC MONEY MOTORING J-Jtit hIH^H Bukit Timah condo units Investing tricks St Regis offers s snapped up in $818 m deal of the wealthy guests Bentley fleet y/ MJ y& p AGE 3 PAGE 32 PAGE 30 FOOD £4igt'£gr/ COMPANIES J^-SPl^Vfifii GOING **^^m*W PLACES
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  • TOP STORIES
    • Article
      Lock icon Asia-Pac IPO proceeds dip slightly but follow-ons surge
      533 2  -  MATTHEW PHAN Convertible bond issues rise 30% to US$3B.l b, highest level since 1996 [SINGAPORE] Equity raising via IPOs by Asia-Pacific companies ex-Japan eased in 2007, according to preliminary figures from Thomson Financial. But this was more than offset by a surge
      533 words
    • Article
      Lock icon Global IPOs raise record US$255b
      503 2  -  CONRAD TAN US is in 2nd place, behind China, with USs3B.7b proceeds [SINGAPORE] Money raised from initial public offers worldwide this year reached an all-time high, according to a report. Data from Ernst Young (E&Y) shows US$255 billion of capital was raised through 1,739 IPOs
      503 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Kuwait outfit snaps up 97 apartments in $818m deal
        53 2 FOREIGN institutional investors continue to bulk buy apartments in new residential developments in Singapore. The latest deal and biggest such transaction to date is Kuwait Finance House's $818.4 million purchase of 97 four-bedroom apartments in GuocoLand's freehold condo Goodwood Residence. TOP
        53 words
      • Article
        Lock icon Zagro buys BASF Taiwan's animal nutrition business
        56 2 MAINBOARD-LISTED Zagro Asia has agreed to acquire the animal nutrition pre-mix business of BASF Taiwan for NT5114.14 million (555.14 million) through a wholly owned subsidiary to be set up in Taiwan. Zagro reckons the acquisition will lift its top and bottom lines by
        56 words
      • Article
        Lock icon Analysts keep overweight calls on oil & gas stocks
        48 2 Analysts keep overweight calls on oil gas stocks DESPITE lingering risks of foreign exchange exposure facing oil and gas stocks, analysts are still upbeat on the sector for 2008. Many are sticking to their "overweight" calls, citing high oil prices and robust order books. COMPANY NEWS, PAGE 5
        48 words
      • Article
        Lock icon Dayen's Indonesian deal could be worth US$250m
        69 2 HOMEGROWN water treatment firm Dayen Environmental is diversifying into Indonesian coal, with an agreement that gives it the right to mine and export 5 million tonnes of coal for up to seven years, it said yesterday. Projected gains from the coal over the
        69 words
      • Article
        Lock icon Chip Eng Seng makes top bid for Pasir Ris HDB site
        64 2 CHIP Eng Seng has emerged as the top bidder for a condominium site at Pasir Ris, HDB said yesterday. The developer beat two other bidders with its offer of some $104 million or $228 per square foot per plot
        64 words
      • Article
        Lock icon Abu Dhabi bank in talks to buy 25% stake in RHB
        63 2 ABU Dhabi Commercial Bank said on Monday it was in exclusive talks to buy a 25 per cent stake in Malaysia's fourth-largest banking group, RHB Capital, from a state pension fund. The stake was worth about RM2.99 billion (Ssl.3
        63 words
      • Article
        Lock icon Booming year for Hong Kong stockbrokers
        87 2 HONG Kong brokers are likely to post record profits for 2007, with the year shaping up to be their best ever yet due to stellar market turnover. Profits at brokerages for the third quarter of the year were up 85 per cent compared to
        87 words
    • Article, Illustration
      Lock icon Kuwait outfit snaps up 97 apartments in $818m deal
      743 3  -  KALPANA RASHIWALA Purchase of units in GuocoLand's condo under development in Bukit Timah is biggest of its kind [SINGAPORE] Foreign institutional investors continue to bulk buy apartments in new residential developments in Singapore. The latest deal- and biggest such transaction to
      743 words
    • Article
      Lock icon ECB's US$500b booster sends rates tumbling
      465 3 -AFP, Reuters Euribor 2-week rate drops to 4.45% from 4.95% on Monday [FRANKFURT] Money market rates tumbled after the European Central Bank injected an unprecedented US$5OO billion into the banking system as part of a global effort to ease gridlock in the credit market.
      -AFP,; Reuters  -  465 words
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      34 2 people.* Do we li now work you? (Register with us today) www.thepeopleatwork.com Asia-Pacific Executive Search c^^^)VE CO. IN THE COMPANY OF LOVE asookeejewellerycohpany Singapore Raffles City I Kuala Lumpur The Gardens, Mid Valley City
      34 words
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      317 3 The E230 AVANTGARDE, outstanding features inside out. ff savin §s °fmore tnan $34,000 and 4^^ %k extra features, you know it makes perfect sense. /fte __*£^^^^h£/ ABEMF maple wood trim, two-tone \ffi^SS^^^^^^Slgtfc^^'''*^ i^^^^ &fc lT^._JI)l uj». interior trim and LED rear %B^^^s^^^ "^"*2^ jgjjg Bvf ifi^r Drive off on a
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  • COMPANY NEWS
    • Article
      Lock icon M&As aren't a sure thing
      572 4  -  SIOW LI SEN HOCK LOCK SIEW PUNTERS, beware: those betting on takeover stories and highprofile banner-hug-ging mergers and acquisitions (M&A) should realise that the risk of failure is high. High cost of funding, failure to meet conditions such as profit guarantees and competing egos have
      572 words
    • COMPANY BRIEFS
      • Article
        Lock icon China Yuanbang repays 21.9m yuan loan
        60 4 CHINA Yuanbang Property Holdings said it has fully repaid to its chairman Chen Jianfeng the outstanding balance of loans owed to him, which amounted to about 21.9 million yuan, including interest. It also said it has borrowed from an unrelated third party, Lv Biao,
        60 words
      • Article
        Lock icon Linair wins contract to sell integrated systems
        44 4 LINAIR Technologies has secured a contract to sell 42 integrated systems of its Micro-Safe Individual Ventilated Caging Systems to the National Laboratory Animal Centre in Taiwan for $2 million. The systems will be installed by April 2008.
        44 words
      • Article
        Lock icon Epure proposes share split
        32 4 EPURE International has proposed a share split of each of its existing ordinary shares into three ordinary shares, to improve liquidity and possibly increase the number of shareholders.
        32 words
      • Article
        Lock icon Poh Tiong Choon in JV with Wujiang Logistics
        59 4 POH Tiong Choon Logistics has established a 25-75 joint venture with China's Wujiang Logistics Centre, to be named Wujiang Zhongxin Logistics Consortium Co Ltd. The JV has registered capital of 20 million yuan. Poh Tiong Choon has remitted U*****,000, representing 30 per
        59 words
      • Article
        Lock icon Vita's 5-star hotel project called off
        44 4 VITA Holdings' planned deal with Vietnam's Dai Viet Trading Co for a five-star hotel project has been called off by both parties as certain conditions were not met as at the extended cut-off date of Dec 15, 2007.
        44 words
      • Article
        Lock icon Abterra buys 22.8% of Chinese mine company
        65 4 ABTERRA announced a $77.8 million purchase of 22.8 per cent of Zuoquan Xinrui Metallurgy Mine Co, which owns two iron ore mines in Shanxi, China, with a total reserve of 34.7 million tonnes and annual capacity of 400,000 tonnes per annum. It will
        65 words
    • Article, Illustration
      Lock icon Zagro buys BASF Taiwan's animal nutrition business
      339 4  -  LYNETTE KHOO By MAINBOARD-LISTED Zagro Asia has agreed to acquire the animal nutrition pre-mix business of BASF Taiwan for NT5114.14 million (555.14 million) through a wholly owned subsidiary to be set up in Taiwan. Zagro reckons the acquisition will lift its top and
      339 words
    • Article, Illustration
      Lock icon Analysts keep overweight calls on oil & gas stocks
      715 5  - Analysts keep overweight calls on oil gas stocks LYNETTE KHOO They cite high oil prices, strong order books but forex losses mar outlook DESPITE lingering risks of foreign exchange exposure facing oil and gas stocks, analysts are still upbeat on the sector for 2008. Many are sticking to their "overweight"
      Rigzone  -  715 words
    • Article
      Lock icon S'pore to see more IPOs from China marine sector: UBS
      545 5  -  MATTHEW PHAN By MORE deals from China's booming offshore and marine sector could be heading to Singapore, according to ÜBS, the Swiss banking giant which managed the largest initial public offering on the Singapore Exchange this year, the over $1
      545 words
    • Article, Illustration
      Lock icon Dayen's Indonesian deal could be worth US$250m
      353 8  -  MATTHEW PHAN Stake in ATPK gives it right to mine 5m tonnes of coal for up to seven years HOMEGROWN water treatment firm Dayen Environmental is diversifying into Indonesian coal, with an agreement that gives it the right to mine and export five
      353 words
    • Article
      Lock icon Link Hi subsidiary clinches supplier qualification
      296 8 Dingyuan now a certified supplier of Wuhan Boiler Co LINK Hi Holdings, which provides steel piping solutions, yesterday said that a subsidiary has clinched an important supplier qualification. In a statement, the firm said its 55-per-cent owned subsidiary Wuxi Dingyuan Precision Cold-Drawn Steel Pipe
      296 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7745 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (S'pore) Star Europe Eqty!** 1.007/ Star Europe Bond 1.19/ Star Europe Bal 1.211/ Star Asian Tiger Eqty 1.606/ Star Asia Bond 1.252/ Star Asia Balanced 1.054/ Star Global Technology Fund!" 0.229/ Multi St Fd 0.936/ Star Asia Bond(USD) 0.864/ Gib Multi St USD
      7,745 words
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      Lock icon Page 4 Advertisements Column 1
      67 4 WATCH HISTORY **M COME TO LIFE. v i *g£ SB/mm "^^^^^H *-+»*TiISfiJB^^KP3B Ri_Q_S_E I"?LSb_ -V *> ift^.-- f- j^r ■^fcj^&JN^\<fyM<..'' jf- JeTcE'7*v^- '_____fl___|_______________| 3HS**___k' 3__MK*r j^v**"* j w jt_fff__ffi_^^__z^H__™fc-' "'"•"^j i^\?f^?____TT"-^' ■^Jl _TT^L^wflßHiu^SK?p TwOW?" 1- 'iV WMf iiT^JMITMrMT iff TrffßrffF T -*^TJ«WH IBJw?wIMWIaM/WlW^ n^fk _j_d_M^ >TiEffT^*^' '^/■"^wi^-JivM'NajltLiß q^[|r^^^r t /3BHh»*_^_:
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      Lock icon Page 4 Advertisements Column 2
      395 4 I I I I I f x^ V I W\ L\t r^TK^ 1 '"'•10 I j A,K^fiSSnlf M PULSES ON SALE! The investment magazine, Pulses, is now on sale at newsstands. Published by the Singapore Exchange and now produced by The Business Times, the relaunched issue is available at Buzz
      395 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US$ positioning itself for further recovery
      682 6  -  LARRY WEE CURRENCIES Some key levels to monitor for those expecting renewed pressure on greenback IN his last currency column for 2007, a senior Morgan Stanley strategist this week warned that the Year of the Rat, which starts on Feb 7, threatens to be
      682 words
    • Article
      Lock icon Financial market recap
      227 6 Changes over the past fortnight YtAKIOUAIt DEC 18'07 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 113.33 1.21 124.16 107.20 SGD 1.4588 1.17 1.5479 1.4363 IDR 9390 1.19 9480 8650 THB 33.65 0.12 36.72 33.18 CNY 7.3856 0.07 7.8150 7.3609* MYR 3.3515 1.10 3.5250 3.3105* CURRENCY vsUSS
      227 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      104 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 4 7 0 0 0 6 4 7 Manufacturing 54 73 59 11 12 13 65 85 72 Commerce 24 21 20 32 26 23 "pt/Stor/Comms 12 20 13 21 10 Finance
      104 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 22.061 22.061 137.557 137.557 Manufacturing 229.275 36.736 266.011 267.896 7.521 275.417 Commerce 282.207 5.069 287.276 88.298 1.071 89.369 Tpt/Stor/Comms 114.481 781 115.262 345.665 800 346.466 Finance 51.612 51.612 477.338 477.338 Construction 44.464 15.185 59.649 15.662
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      220 6 tod name lose lange Allgreen 0.46 1.490 -0.010 Ascendasreit 0.86 2.320 +0.050 CapitaComm 0.48 2.300 +0.030 Capita Land 4.06 6.100 CapitaMall 0.91 3.160 Chart SemiCond 0.55 1.010 CityDev 2.68 13.700 +0.300 ComfortDelGro 1.26 1.760 Cosco Corp 1.81 5.350 -0.150 Creative Tech 0.16 6.300 DBS Grp 9.16
      220 words
    • Article
      Lock icon BROKERS' TAKE
      862 6  -  UMA SHANKARI Bread Talk Group Dec 18 close: $0.62 KIM ENG RESEARCH, Dec 18 BIG plans over the next five years: The group is committed to increase its bakeries from 141 to 1,000, and its food courts from 22 to 100 over the next five years. As more
      862 words
    • Article, Illustration
      Lock icon Marginal rebound for ST Index
      531 6  -  CONRAD TAN STOCKS SHARES here recovered slightly yesterday, after Monday's broad sell-off in the region amid fears that rising price inflation in the US will affect the Federal Reserve's ability to cut interest rates further. The Straits Times Index finished 15.75 points or 0.5 per
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article, Illustration
      Lock icon UOB CATALIST INDEX
      3 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      45 6 CLOSE -772.00-119.00 BT OB/OS BT CADI -*****.00 -31.00 BT 10-day MA -*****.00 -77.00 All-SG Equities 937.27 +5.33 SG Equities Elect 99.74 -0.12 SG Equities Fin 2348.03 +22.36 SG Equities Prop 1279.50 -3.64 SIMSCI 410.53 +2.81 SIMSCI Futures 411.20 +6.20 PrimePartnersCI 227.41 -2.59
      45 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Diqiland 226,357,000 Memstar 86,365,000 DBS MBL eCW*****2 35,548,000 UOB MBL eCW*****4 34,200,000 Capita Land 33,754,000 Thai Beverage 27,485,000 SingTel 27,477,000 SingTelSGAeCW*****7 24,435,000 FirstRes MEReCW*****8 23,378,000 CapitalanDBeCW*****6A 22,284,000 VALUE(S) Capita Land 204,186,250 DBS Grp 159,269,555 UOB 123,367,750 SGX 117,530,200 Keppel Corp 105,078,700 SingTel 103,865,660 Cosco Corp 97,174,350
      59 words
    • Article
      Lock icon RISES
      104 6 BY CENTS CLOSE UP JSH 1540 116.7 5.5 Jardine C&C 2050 50.0 2.5 China H 10US$ 2000 43.8 1.5 At 1370 30.0 2.2 DBS Gri 2000 30.0 1.5 STI ETF IOPV 3456 21.5 0.6 Kei T&T 565 20.0 3.7 UOB 1920 20.0 1.1 Tat Horn 330 18.0 5.8 Wilmar
      104 words
    • Article
      Lock icon FALLS
      119 6 CLOSE DOWN 7810 -87.5 -0.8 GLD 10US$ CoscoCori iBSeCW***** 62 -80.0 -56. JMH 2500 -72.9 -2.0 CoscoCori iBeCW*****5 60.5 -37.5 -38. Asia 10US 505 -36.5 -4.7 SIA 200 1730 -30.0 -1.7 HK Land 442 -29.2 -4.3 Yam izi. iianRBeCW***** 60 -28.0 -31.: "oscoCori INPeCW***** 19.5 -27.5 -58. "oscoCori ;NPeCW*****
      119 words
    • Article
      Lock icon CURRENCIES
      87 6 Wh lere! S$ stands Dec 18 %CHNG CLOSE FR Dec 17 YR 2007 S$ LOW S$ HIGH uss 1.4588 -0.09 1.5479 1.4363 Euro 2.0998 -0.22 2.1639 1.9913 Pounds 2.9462 -0.39 3.1194 2.9158 AS 1.2559 -0.58 1.3555 1.1741 Yen* 1.2872 0.00 1.3821 1.2285 Rupiah* 0.***** -0.30 0.***** 0.***** Baht* 4.3352
      87 words
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      158 7 _^^k% Motors Limited /&\^%l^ L pml.com.sg Driving Pleasure _^^^^^B w^^^^^ _^^^^^ri tf^^^^^^ The new BMWXS. Every movement has its icon. More space, more power, more luxury. The new BMWXS brings a new generation of engines to the world stage that are both more powerful and more efficient. Together with Adaptive
      158 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      70 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 jj^\ Bfflffi, or a PersP ect;iye on how balancing your portfolio
      70 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Chip Eng Seng makes top bid for Pasir Ris HDB site
      448 9  -  UMA SHANKARI 99-yr leasehold plot can be developed into a condo with about 380 units CHIP Eng Seng has emerged as the top bidder for a condominium site at Pasir Ris, HDB said yesterday. The developer beat two other
      448 words
    • Article
      Lock icon S'pore mathematics textbooks approved for use in California
      237 9 FROM mid-2008, some three million kindergarten and elementary school students in California will use a series of Singapore mathematics textbooks. The Earlybird Kindergarten Mathematics Standards Edition and Primary Mathematics Standards Edition, for grades one to five, make up the first Asian content
      237 words
    • Article
      Lock icon More bang for your luxury goods buck
      413 9  -  NISHA RAMCHANDANI By AT Takashimaya, they know that with more money around, there is pent-up demand for luxury goods and the luxury shopping experience that goes with buying such goods. And if your company does not provide that experience, your competitor is bound
      413 words
    • Article
      Lock icon Easier Indian visas for business travellers
      250 9 BUSINESS travellers who apply for visas to India will now be able to receive them on the same day, the High Commission of India announced yesterday in Singapore. The move stems from a proposal made by Indian Prime Minister Manmohan Singh during the In-dia-Asean
      250 words
    • Article, Illustration
      Lock icon S'pore firms with eye on Europe head for Poland
      543 10  -  CHOW PENN NEE Proximity to region s key markets and lower business costs prove attractive SINGAPORE companies looking to gain a foothold in Europe are increasingly planting themselves in Poland. The proximity to Europe as well as relatively lower wages and
      543 words
    • Article
      Lock icon Boost for clinical researchers with local body, academy set up
      235 10 MEDICAL researchers have a new body to look after their interests in Singapore. The local chapter of the Association of Clinical Research Professionals (ACRP), which was launched here yesterday, will give the researchers access to a global library of clinical
      235 words
    • Article, Illustration
      Lock icon Lifestyle events for Citigold customers
      207 10 AS 2007 draws to a close, customers of Citigold can look back at the 60 lifestyle events that were offered to them during the year more than one a week. The wealth management business says that the programme is a way of maintaining close partnerships
      FILE PHOTO  -  207 words
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      12 9 :~u c cars property >ps ST i» Gjk tkt vtykt Stuff VWW.ST7OI.COM
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      97 9 H W L \^j JANE MONHEIT W|^^^H HIGHLY PERSONAL l lz^^fl^^^^^m^rr la revue dcs moiitres Vy^W'^u\ '/I MEREA TRIRETROGRADE SECOND SKELETON 1"" jn^ Jil I WINNER OF THE FIRST PRIZE fcNN^s^J IN THE GATEGORY LADIES WATCHES CORTINA WATCH ESPACE: Singapore: Millenia Walk Tel: 65-6339 1728 Malaysia: Starhill Gallery Tel: 03-2142
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      569 10 hjhhHhi a v k y faaiMll«»^^^^M How do you count from 10 to 2008? After an evening of lively jazz by Thomson Swing Band, percussion group Wicked Aura Batucada and a DJ spin table, it was time for the countdown to 2008. It would be a moment to remember, with
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  • Page 11 Advertisements
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      500 11 EBmH WPP iiiunij] Ofhf (Till-Jl Übc 2007) www.panasonic.com.sg/toughbook Introducing the new Panasonic 7-series: J^m^H CF-W7 CF-Y7 Genuine Windows Vista® Business Genuine Windows Vista® Business Intel® Core'" 2 Duo Processor Intel® Core™ 2 Duo Processor I^^ I* J 1 Ultra Low Voltage U7500 (1.06 GHz) Erlcf^H Low Voltage L 7500 (1.60
      500 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Asian markets caught in global equity downdraft
      502 12  -  NEIL BEHRMANN Only India, M'sia still in positive territory over past month, China and Taiwan badly hit EMERGING markets have not decoupled from the major stock markets and have been caught in the downdraft of global equity declines. Suggestions that China and India
      : MSCI Barra  -  502 words
    • Article
      Lock icon WTO agrees to probe legality of US aid to farmers
      387 12 Bloomberg [GENEVA] The World Trade Organisation (WTO) will probe complaints that US aid for crops such as corn, soybeans and wheat is illegal and that it hurts farmers in other countries by distorting trade. US payments breached the annual cap
      Bloomberg  -  387 words
    • Article
      Lock icon Analysts see prospect of US$100 oil next year
      379 12 -AFP [PARIS] Oil prices of near US$lOO per barrel caused alarm in consuming countries this year and analysts forecast another tense srude market next year with triple-figure records a real prospect. Despite a murky outlook for the world economy, srude prices are
      -AFP  -  379 words
    • Article
      Lock icon Fed, regulators ignored sub-prime warnings
      597 12 -NYT They failed to act on clues to risky loans and default rates [WASHINGTON] Until the boom in sub-prime mortgages turned into a national nightmare this summer, the few people who tried to warn federal banking officials might as well have been talking to themselves.
      -NYT  -  597 words
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      225 12 LUXI'" v Xi Si nfl P*2bbl 2■ HfitI^BBBBBBBBI HfflrtM [M^pHß HSPW bb3u BTPlflawiffKSiitiiiii >B^B hi BF"iH 1: i WBB"™*l™ BB4nnm"inii3«j7nn3fli[*nX»tl*lxßCTii*Bl bb**-& I L.^ J ■SSI 11 S*^iM! In HSBBBSI I i^-L. r ■111 Ks z?3* mfe^- riW HKtf^tfl Bffi lIS ESBil #c M 3Bl^^" At' EB3 I -TWWtI ■9RB r^-r--
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon Catering to a variety of tastes
      732 13 S'pore food companies have made a mark overseas with their high quality, innovation and service, reports CHUANG PECK MING THE strategy traditionally has been to expand into Singapore's neighbouring markets where consumers have a similar taste for food. For markets beyond that are less
      732 words
    • Article, Illustration
      Lock icon Authentic Japanese fare Down Under
      439 13 SUSHI TEI SUSHI Tei recently set up a sonveyor-belt restaurant in Sydney and discovered a void when it comes to offering Japanese food there. "There is a lack of quality authentic Japanese food in Australia," says company spokeswoman Tan Shufen. "We aim to educate customers
      FILE PHOTOS  -  439 words
    • Article
      Lock icon Success in Tokyo and Delhi whets appetite for expansion
      436 13 TUNG LOK GROUP LEADING Singapore Chinese restaurant chain Tung Lok Group has a bold vision "To be a world-class organisation". That means not just a commitment to offering excellent food and beverages, great service and coming up with winning restaurant concepts,
      436 words
    • Article
      Lock icon Tokyo restaurant a big hit with diners
      469 13 FISH CO BUSINESS has been so brisk that customers who want to eat at the Raffles Terrace in Tokyo has to book a table two days in advance. And Raffles Terrace has only just opened for business two months ago, to be precise.
      469 words
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      67 13 I.^^ft' When I needed know-how to expand into overseas markets I|PH JPf My iadvisor showed me how Unsure of the taxation structure or legislation in markets that you want to expand into? 3 simple steps to access global ftarket Anow-how industry Mm Logon to WWW.iadvisory.COlTl.sg and get your questions answered
      67 words
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      44 13 =r The Business Times SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesin9apore.com
      44 words
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  • MALAYSIA
    • Article
      Lock icon Abu Dhabi bank in talks to buy 25% stake in RHB
      468 14 Reuters Acquisition is likely to help Abu Dhabi Commercial grow its Islamic banking ops [DUBAI] Abu Dhabi Commercial Bank said on Monday it was in exclusive talks to buy a 25 per cent stake in Malaysia's fourth-largest banking group,
      Reuters  -  468 words
    • Article, Illustration
      Lock icon Inflation probably up on commodities, festivals
      288 14 Bloomberg [KUALA LUMPUR] Malaysia's inflation probably accelerated to a nine-month high in November as global commodity prices rose and people stocked up on food for local festivals. The consumer price index advanced 2 per cent from a year earlier following a 1.9 per cent
      Bloomberg; AFP  -  288 words
    • Article
      Lock icon CIMB to merge Indonesia arms
      295 14 Bernama [KUALA LUMPUR] CIMB Group intends to merge its asset management businesses in Indonesia which include the asset management division of CIMB-GK Securities Indonesia by the first quarter of next year, its head of group asset management Raja Noorma Raja Othman said. "The CIMB Group
      – Bernama  -  295 words
    • Article
      Lock icon December palm oil output hurt by rains, floods
      345 14 Reuters [KUALA LUMPUR] Malaysia's palm oil output is likely to fall 18 per cent this month from November, as floods and heavy rains have inundated plantations in key producing states, industry officials and producers said yesterday. Floods and monsoon rains over the
      – Reuters  -  345 words
    • Article
      Lock icon BURSA MALAYSIA
      2325 14 VOL ('000) Dec 18 RM A&M Realty 0.92 AbricBhd 0.28 Advance Synergy 0.29 Adventa Bhd 1.49 Ae Multi Hldgs 0.29 Affin Holdings 2.39 Ahmad Zaki Resou 2.83 AicCorp 0.72 Airasia Bhd 1.70 Akn Technology 0.61 Alliance Financi 3.02 Aluminium Co 1.20 Amalgamated Ind 0.48 Aminvestment Grp 3.66 Ammb
      2,325 words
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  • INDONESIA
    • Article
      Lock icon Temasek files appeal over antitrust ruling
      441 15  -  LAUREL TEO Decision is expected in 30 days by District Court of Central Jakarta TEMASEK Holdings yesterday filed its appeal against the recent ruling that judged it guilty of anti-com-petitive behaviour. In a statement issued to the media, the Singapore investment company said it
      441 words
    • Article
      Lock icon Foreign investment in Indonesia tops US$10b
      186 15 -AFP [JAKARTA] Actual foreign direct investment (FDI) in Indonesia reached US$lO.2 billion as of mid-December, the highest since 2002, National Investment Coordinating Board chief Muhammad Lutfi said yesterday. The figure is well up on the U555.97 billion recorded for the whole of 2006 amid
      -AFP  -  186 words
    • Article
      Lock icon Court dismisses civil case against Newmont unit
      144 15 Bloomberg [JAKARTA] An Indonesian district court dismissed a civil lawsuit against a local unit of Newmont Mining Corp, the world's second- largest gold mining company, for allegedly polluting a bay near a mine in the South-east Asian nation. The lawsuit against the unit
      – Bloomberg  -  144 words
    • Article, Illustration
      Lock icon Stable economic outlook seen for '08
      372 15 -AFP [JAKARTA] Indonesia's economic outlook for next year is stable, but the poor of South-east Asia's biggest economy look set to gain few of the benefits, experts said on Monday. Strong domestic consumption and overseas demand for commodities were likely to push economic growth
      -AFP; AFP  -  372 words
  • Page 15 Advertisements
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      8 15 Grand prize winner Mr Brian Renwick FINANCIAL TIMES
      8 words
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      143 15 '.1-'" ~Z glt/^mt I I' Si Sfi SSI mi SSQS i||JHlH|MJHS|j^M|||||i^^^^H FREEHOLD I LAND AREA FROM 4,999 SQ FT I BUILT-UP FROM 5,193 SQ FT I FROM RM2.63 MIL I SHOW VILLAS/SALES GALLERIES OPEN DAILY I ~^T^ 10AM 6PM I ENQUIRIES: PENANG 604 890 9999, KUALA LUMPUR 603 2093 8888,
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  • Page 16 Advertisements
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      401 16 i tttPE ■I :f^s PS fl "I 4 ■****~**^--*i:wß\ j'W\\'-W\' rH liili liiliiUi ill Wf 114)14 I I pi|F p- iHHKIIIIIIIIIIIi; I ii««iiWByil *r^ MfJ~* W "tLM f 4T M"~K I P^^fm i^j B!!;!;t;!;«;. 'ill 't^l^^r a i —t^^^B 'W 2 'Hi M I IFI Jfflj llf ..^H ftT *HLK
      401 words
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  • INDIA
    • Article, Illustration
      Lock icon China to pip India in energy race in 2008: analysts
      674 17 AFP Chinese one step ahead in locking in supplies from Africa, Asia Latin America [NEW DELHI] The race for energy by rising powers China and India will intensify in 2008 as they scour the world for fuel to feed their
      AFP  -  674 words
    • Article
      Lock icon Morgan Stanley group leads bids for IFCI stake
      182 17 Reuters [MUMBAI] A consortium of Morgan Stanley and Sterlite Industries has emerged as the front-runner to buy a 26 per cent stake in Indian state-run institutional lender IFCI Ltd, newspapers here reported yesterday. IFCI had said last week it would consider three
      – Reuters  -  182 words
    • Article
      Lock icon GIC takes stake in India property venture: report
      166 17 Reuters [MUMßAl] Citigroup, Singapore's Government Investment Corp (GIC) and other international investors are buying 15 per cent of a real estate venture of India's Shapoorji Pallonji group for about US$3OO million, Indian papers reported. The deal involved investments in six projects in
      – Reuters  -  166 words
    • Article
      Lock icon Videocon revives plans to bid for Daewoo Electronics
      194 17 Bloomberg [BANGALORE] Videocon Industries Ltd, India's largest maker of televisions, revived plans to acquire Daewoo Electronics Corp, aiming to expand its product line to include the South Korean company's washing machines and refrigerators. Videcon notified the sale arrangers on Monday, finance director
      Bloomberg  -  194 words
    • Article
      Lock icon Call centre staff to get pepper spray
      92 17 -AFP [BANGALORE] Several Indian information technology companies are ordering cans of pepper spray for their female call centre employees to use against possible attackers, a newspaper reported yesterday. The move follows the rape-murder last month of a 22-year-old call centre employee in the
      -AFP  -  92 words
  • Page 17 Advertisements
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      58 17 ILJiM MACAU Now The Preferred Destination for Meetings £r Incentives jT gj Choose from a wide range of meeting venues with state-of-the-art facilities, brave your selection of EXPERIENCE exciting team building activities, and treat your business partners to unique theme parties and receptions. 1)*****1 VijU I All these and more
      58 words
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  • GREATER CHINA
    • Article
      Lock icon Booming year for Hong Kong stockbrokers
      544 18  -  JANE MOIR Q3 daily turnover rose 50% over Q2 to HKs97.3b; Cat A broker gains up 114% HONG Kong brokers are likely to post record profits for 2007, with the year shaping up to be their best ever yet due to stellar market turnover.
      544 words
    • Article, Illustration
      Lock icon MO THAN JUST A FASHION MODEL
      64 18 MO WANDAN, a 19-year-old Chinese fashion model, receiving her credentials last Friday from Tianjin Polytechnic University vice-president Jiang Xiuming, as a guest professor at the university in Tianjin. Mo, who has appeared in the Chinese editions of magazines such as 'Elle' and 'Vogue', will
      AFP  -  64 words
    • Article
      Lock icon Fukuda's visit unlikely to resolve row
      255 18 Reuters [TOKYO] Japan and China are unlikely to resolve a long-running dispute over natural resources in the East China Sea during an expected visit to China by Japan's prime minister next week, Kyodo news agency quoted the trade minister as saying yesterday. News reports
      – Reuters  -  255 words
    • Article
      Lock icon Tight credit could bankrupt China state firms
      421 18 Reuters Companies overly reliant on borrowings at risk BEIJING] China's state inns must carefully manige their books or face a "isk of bankruptcy as the government ratchets up its sconomic tightening, the lead of the country's state isset watchdog said yesteriay. Companies overly
      Reuters  -  421 words
    • Article
      Lock icon Hsieh aims to promote Taiwan identity
      410 18  -  ANTHONY ROWLEY The DPP presidential candidate wants better China ties too PROMOTING a "Taiwanese identity" while working to improve relations between Taiwan and China are the major goals for the ruling Democratic Progressive Party's candidate Frank Hsieh in next May's presidential elections. Yesterday, Mr
      410 words
    • Article
      Lock icon China lets banks invest in UK stocks and funds
      254 18 Reuters [BEIJING] China has signed an agreement with British authorities opening the door for Chinese banks to invest in UK stocks and mutual funds, the China Banking Regulatory Commission (CBRC) said on Monday. The memorandum of understanding allows Chinese banks to
      – Reuters  -  254 words
  • Page 18 Advertisements
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      77 18 ZAP&BIDI FROM ONLY $10! LONGINES Reference _~fi L 3.649.4.56.6 I Longines Hydro Conquest Recommended Retail Price: $2,030 ond.7%Gsn I Mens Diving Watch. Water Resistant up to 300 m. Screwed Back Case and Crown. Fitted with L 633 Automatic Movement Power reserve of 38 hours Z BID NOW! I HIGHEST BIDDER
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      24 18 »A«*^B« H ij, s FREE' LET'S have c£BMs**®smm GOOD SEX JEWELLERYHB &FENDI\ I SWEAR BY IT WINISSST BONUS! nwins 2§S3g •CITIGEMSBfiiSiBaiM m^T^M .im^SKJEWELLERYWU sPHmagazines
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      34 18 DECEMBER ISSUE mmmmm |S k< FREE! 2 packs of Sanyo *«^^^E^S batteries with every HWM purchased ril^^frfl^Ts*. exclusively at Cheers Giftguide2ooB& BIM| Life in Pixma Colour I by Canon juij||j|m^|^^^^^^ GET YOURS NOW! www.hardwaremag.com
      34 words
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  • WORLD
    • Article
      Lock icon New homes construction dips 3.7% in November
      504 19 -AP LATEST US DATA Single-family build activity down 5.5%, permit applications fall for 6th month [WASHINGTON] Housing construction in the US fell in November and sin-gle-family activity dropped to the lowest level in more than 16 years as a severe housing slump showed
      -AP  -  504 words
    • Article
      Lock icon Goldman Sachs Q4 earnings up 2%
      398 19 Reuters Net income increases to USs3.22b on banking and trades, beats estimates [NEW YORK] Goldman Sachs Group Inc said yesterday its fourth-quarter earnings rose 2 per cent, trouncing expectations as higher merger advisory fees and surprisingly strong debt trading results helped it sidestep the
      – Reuters  -  398 words
    • Article
      Lock icon US pension fund to diversify portfolio
      341 19 Bloomberg [LOS ANGELES] The larg3st US public pension will shift 11 per cent of its US$26O billion portfolio from stocks and bonds into private equity, real estate and investments pegged to inflation. The board of the California Public Employees Retirement System, voted 9-3 3n
      Bloomberg  -  341 words
    • Article
      Lock icon States face US$2.73t bill for civil service retirees
      304 19 Reuters [NEW YORK] Retirement benefits for US public employees could cost states some U552.73 trillion over the next three decades, according to a report released yesterday by the Pew Charitable Trusts. While states have saved about US$2 trillion to meet these obligations,
      – Reuters  -  304 words
    • Article, Illustration
      Lock icon SEC vows to better use info on possible insider trading
      278 19 Reuters [WASHINGTON] The US Securities and Exchange Commission pledged on Monday to do a better job at inspecting the work of low-er-level regulators that police brokerages and stock exchanges, including the New York Stock Exchange and Nasdaq Responding to a
      – Reuters; AFP  -  278 words
    • Article
      Lock icon US corporate defaults seen quadrupling next year
      226 19 Bloomberg [NEW YORK] US corporate defaults would probably quadruple next year after the number of companies that lost their investmentgrade credit ratings rose at the fastest pace since 2003. Moody's Investors Service predicts that companies would default on 4.7 per cent of their
      Bloomberg  -  226 words
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      86 19 V lITxVv Frustrated by slow network or Internet access in your office? y Worried about the confidentiality and integrity of your data? Concerned about security when you transact over Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? How can you prevent your staff
      86 words
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      25 19 111! ifl'itx# j;i^r?itTnTLr^^B ticket price: ssBo ss2Bol www.sisOc.com.sg I tel: 6348 5555 I yip hospitality: ssl,Bool tel: 6735 4161 www.mariasharapovalive.sg I I FW^J IfiTS^Kl kJA^Wi!^
      25 words
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  • AVIATION
    • Article
      Lock icon Tiger Airways orders 20 more A320 aircraft
      569 20  -  NISHA RAMCHANDANI Move to facilitate its expansion in Australia, India and Malaysia [SINGAPORE] Tiger Airways, expecting its first year of profit for the financial year ending March 31 2008, signed a deal with Airbus yesterday for an additional 20 A32os valued at $1.3
      569 words
    • Article, Illustration
      Lock icon Jett8 plans to raise funds to secure more fuel-efficient jets
      575 20  -  YEN SREENIVASAN It wants to acquire at least 3 8747-400s within 12-18 months [SINGAPORE] Enjoying strong demand, but also facing stubbornly high fuel prices, Singapore's sole privately owned cargo carrier is planning to raise funds to secure more fuel-efficient planes.
      FILE PHOTO  -  575 words
    • Article
      Lock icon Cathay backs down in medical plan dispute
      254 20 -AFP [HONG KONG] Cathay Pacific Airways conceded a key demand in a dispute with flight attendants over a controversial new medical plan, but the union yesterday refused to rule out a crippling Christmas strike. The Hong Kong carrier's cabin crew are threatening to
      -AFP  -  254 words
    • Article
      Lock icon US airlines dread passenger rights law
      612 20 -AP [NEW YORK] Domestic airlines are not happy about a New York state law, the first of its kind, that will require airlines to provide certain services to passengers who sit for three hours or more on airplanes stuck on the tarmac. The airlines
      -AP  -  612 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2473 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 Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,473 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      365 20 CRYPTIC CROSSWORD ACROSS 7 One pays for treatment for MH~ —HT Hi BF BF BF BBBBH soldier with calm (7,7) BJ BJ BJ BJ BJ BJ BBB^BJ 9 Sign put on eco-friendly I I I |S 11 The Wheatsheaf serves BJ BJ BJ BJ BJ BJ BJ BJ 12 Master
      365 words
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  • SHIPPING
    • Article
      Lock icon Lots of steam left in offshore support vessels
      641 21  -  DAVID HUGHES Norwegians still leading the game, but others like China catching up By HEN NorI wegian shipping tycoon John Fredriksen moves into a particular sector of shipping, you can be fairly certain prospects are good at least for those who jump
      641 words
    • Article
      Lock icon Gulf-Asia VLCC rates hit 3-year highs
      332 21 Reuters Winter demand for fuels, higher Opec output said to cause the big rise in rates [LONDON] Prices for shipping crude oil on the world's top export routes from the Gulf soared to more than three-year highs on Monday, breaching the W3OO mark for
      Reuters  -  332 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.79 0.39 5.35 1.17 3.14 1.26
        107 words
      • Article
        Lock icon KLSE
        32 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie.... NCB Holdings Nepline Bhd 1.17 10.00 9.70 4 44 2.93 0.25 unch 0.30 -0.05 -0.08 0.02 0.02 121 13: 72) 191: 3)
        32 words
      • Article
        Lock icon BANGKOK
        12 21 ■oo ■recious Ship Jegional Cont 27.50 29.00 1.00 0.50 315! 22!
        12 words
      • Article
        Lock icon HONGKONG
        6 21 '000 toil .53.75 -1.35 2211
        6 words
      • Article
        Lock icon PHILIPPINES
        21 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 44.00 2.20 unch -0.10 634( unch 148! 0.10 2964( unch
        21 words
      • Article
        Lock icon TAIPEI
        21 21 tec Evergreen Marine ....24.90 :irst Steamship 57.00 Wan Hai Lines 26.00 fang Ming Marine ..21.55 unch -1.00 0.70 -0.55 1i
        21 words
      • Article
        Lock icon TOKYO
        38 21 '000 :awasaki Hvy Ind ..316.00 :awasaki Kisen ...1127.00 Mitsubishi Hvy 477.00 /litsui Eng&Sbldg ..425.00 /litsuiOsk Lines ...1449.00 Jippon Express 581.00 Jippon Yusen 899.00 -8.00 1926: 13.00 918: -5.00 2603! 5.00 ***** 13.00 1474! -1.00 337: -1.00 822(
        38 words
    • Article, Illustration
      Lock icon Iraqi firm launches new tanker
      152 21 AP [BAGHDAD] The Iraqi Oil Tanker Company launched its first new ship in 27 years on Monday, and delivery of two more tankers is expected within three months. The Dijlah the name for the Tigris river in Arabic was inaugurated in the southern port city
      AP; REUTERS  -  152 words
    • Article
      Lock icon HK operators handle 2.4% fewer boxes in Nov
      247 21 Bloomberg [SHANGHAI] Hong Kong port operators including Hutchison Whampoa Ltd and PSA International Pte handled 2.4 per cent fewer containers last month than a year earlier, as competition from mainland harbours stymied traffic growth. Hong Kong, the world's second-busiest container port last
      Bloomberg  -  247 words
    • Article, Illustration
      Lock icon Asian product tanker rates show signs of easing
      470 21 Bloomberg Shipments slowing ahead of year-end holidays: brokers [SINGAPORE] Asian charter rates for large-range product tankers may decline, after rising to the highest in more than a year, on a dearth of fresh cargoes as December and January shipments slow ahead of
      – Bloomberg; AFP  -  470 words
    • Article
      Lock icon Norway plans world's 1st ship tunnel
      264 21 -Reuters [OSLO] Norway has drawn up plans to build the world's first shipping tunnel which would save time and money for vessels passing through a coastal area known for its dangerous seas. Strong winds, high waves and powerful currents in the area of Stad
      -Reuters  -  264 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Innovation from the Fed and the ECB
      523 22 CENTRAL bankers are not known for their creativity. However, over the past week, two of the world's largest central banks have come up with some innovative ways to deal with the severe crunch that has engulfed global credit markets since August. But how
      523 words
    • Article, Illustration
      Lock icon Has modern finance created a Frankenstein?
      992 22  -  PAUL SAMUELSON Only time will tell if financial engineering without regulation introduces a new fragility -0 one knows, at year's end, whether there will be global recession in 2008. Or whether Europe and America will enjoy a moderate growth in jobs and incomes. Why
      BLOOMBERG  -  992 words
    • Article, Illustration
      Lock icon Don't rule Chen out despite his loss of allies
      784 22  -  FRANK CHING THE BOTTOM LINE WITH only five months left to his presidency, Chen Shui-bian is being visibly isolated as he continues to push the envelope of Taiwanese independence in a bid to gain votes for the ruling Democratic Progressive Party
      784 words
    • Article, Illustration
      Lock icon Why India will matter more
      1992 23 India's High Commissioner to Singapore, S JAISHANKAR, gave an address to the Singapore Press Club on December 4. This article is excerpted from his speech MOST of you have seen it, experienced it in some manner, or at least have read about it. The new
      AFP  -  1,992 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8493 24 Transaction date: Dec 18 High Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 2.5 2 5716 1st Software 22 8 3148 STelecom 34 15.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 13 1100 AEM 42 10
      8,493 words
    • Article
      Lock icon SGX XTRANET
      82 24 52-Wk Tel |h Low Code Last Sale Vol ('000) lay Low Bi .ast Quote yer Seller Div C'vr Net P/E /ICap $mil Hii Com| >arr Hii 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • Article
      Lock icon SGX CATALIST
      2171 24 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Com] Hii 30 11.5 1181 s AAGrp 41.5 20 5000 s ABR Hldgs 31 21.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 70.5 15
      2,171 words
    • Article
      Lock icon CLOB INTERNATIONAL
      211 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      211 words
  • Page 24 Advertisements
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      19 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com I ESBffT
      19 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 17 World Index Preliminary 1117.1 -1.3 1.5 -0.5 0.3 -1.4 5.1 EAFE Preliminary 1101.1 -2.0 -0.6 -1.4 0.9 -2.3 5.7 Euro[ Preliminary 1513.3 -1.8 1.3 -1.2 3.0 -2.1 8.I Pacific 946.4
      364 words
    • Article
      Lock icon PALM OIL
      59 25 Dec 18 lelivery lonth Opening Sett Av Range Price Price Hii Vol Open Done Position Low Ian 08 2936 2925 2936 203 5897 :eb08 2950 2948 2959 2930 1100 ***** Vlar OS 2954 2950 2965 2933 3098 ***** <\pr08 2955 2950 2965 2934 773 1798 Total o/p: *****
      59 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Dec 18 STI IIMSCI Dec 404 412 411.2 "aiwan Dec 302.1 312.9 306.8 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 25 Dec 18 Bid Offer 1-month 1.4552 1.4564 2-months 1.4522 1.4534 3-months 1.4497 1.451 6-months 1.4436 1.445 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 25 Dec 18 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2551 1.2566 0.8605 0.8609 Canadian dollar 1.4539 1.4558 0.9968 0.9974 Euro 2.1013 2.1028 1.4406 1.4407 NZ dollar 1.1056 1.1068 0.7580 0.7583 Sterlini ind 2.9481 2.9504 2.0212 2.0214
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      355 25 Dec 18 URODOLLAR FUTURES Vlar08 Iun08 >ep08 3ec08 95.605 96.000 96.240 96.345 0 0 0 0 ***** ***** 6844 2627 EUROYEN FUTURES Vlar08 99.230 99.255 Iun08 99.230 99.280 iep08 99.225 99.240 3ec08 99.175 99.195 Vlar09 99.145 99.145 Iun09 99.085B iep09 99.020B 3ec09 98.965 98.965 99.225 99.230 99.215
      355 words
    • Article
      Lock icon SICOM FUTURES
      283 25 Dec 18 KUbbbK 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 08 363.50 368.50 372.25 378.00 380.50 382.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      283 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      126 25 As at 9am Dec 18 of foreign currency: Currencies Bid Offer Aust dollar 1.2460 1.2610 Can dollar 1.4430 1.4600 Euro 2.0910 2.1150 NZ dollar 1.0900 1.1130 Sterlini ind 2.9330 2.9661 US dollar 1.4510 1.4680 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
      126 words
    • Article
      Lock icon INTERBANK RATES
      160 25 Dec 18 ler Overnight 1 -montli 2-months 3-months Overnight mode: 1 US$ 1 2 3/8 2 1/2 2 9/16 Offer 3/4 2 1/4 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.38 5.25 5.20 5.20 4.90
      160 words
    • Article
      Lock icon INTERBANK CROSS RATES
      453 25 Dec 18 iuro ren Ion 'eso Earn 'ouni Australia 0.863 6.355 0.597 6.713 33.989 80.893 0.973 8.086 2.885 1.135 52.240 36.106 1.256 5.926 0.989 28.039 28.967 0.426 0.861 Canada 1.158 7.363 0.692 7.777 39.376 93.713 1.128 9.367 3.342 1.315 60.519 41.829 1.455 6.865 1.146 32.483 33.558 0.493
      453 words
    • Article
      Lock icon PRECIOUS METALS
      141 25 Dec 18 GOLD (USS/oz) Dec 18 Dec 17 Hong Kong London 793.00 789.20 794.00 790.20 Dec 17 Dec 14 793.80 790.30 794.50 791.00 Source: Reuters CAST BAR (S$) Dec 18 Buying Sellim Kilobar "40,030.84" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      141 words
    • Article
      Lock icon SIBOR
      78 25 Dec 18 (US$) (S$) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 4.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths
      78 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 25 Dec 18 Period Issue code Maturity Yesterday's Bid Hii Day's [Ii Low 3-Month BQ*****V 20.03.08 1-Year BY*****A 29.09.08 1.91 1.94 1.9 1.85 1.95 1.95 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F
      89 words
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      Lock icon LONDON METALS
      70 25 Dec 17 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2355.80 2363.80 3 months 2410.00 2415.00 Copper, Grade A (US$/tonne) Cash 3 months 6326.50 6381.00 6491.00 6545.00 Lead (US$/tonne) Cash 2433.00 3 months 2420.00 2503.00 2484.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
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      Lock icon LIFFE
      82 25 Dec 17 (£/tonne) Close Prev Hii ih/Low Mar 08 1064 1056 1066/1044 May 08 1081 1073 1083/1062 Jul 08 1108 1099 1111/1087 Sep 08 1098 1092 1099/1079 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1863 1835 1884/1836 Mar 08 1894 1860 1914/1859 May 08 1908 1880 1931/1881 Jul 08
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      Lock icon CHICAGO BOT
      101 25 Dec 17 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1156.75 1157.00 1163.50 1149.50 Mar 08 1176.00 1175.00 1182.00 1168.00 May 08 1189.50 1188.75 1195.00 1182.00 Jul 08 1191.25 1190.50 1198.00 1185.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 46.17 46.22 46.44 45.85
      101 words
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      Lock icon CRUDE OIL & PRODUCTS
      76 25 CRUDE OIL PRODUCTS Dec 17 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 90.51 -1.55 WTI (Near Mth) 90.73 -0.85 Dubai (1-Mth F) 86.08 -1.47 Tapis blend 95.2 -1.55 Minas 94 -1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 96.50 110.95 0.90 0.85 US$/barrel Opec Oil
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      Lock icon BONDS & WARRANTS
      2413 25 BONDS WARRANTS rei lode Comi Last Sale +orVol Conv Exer ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left >835 Allgreen RBeCW*****6 3798 Ascendas REIT SGA ECW*****3 1851 AusGroup MER ECW*****8 1912 Baker Tech W*****3 3657 Biosensors DB ECW*****3 3704 Capitamall Trust SGA ECW*****0 >092 Capitaland BNP ECW*****4 3666
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      Lock icon Page 26 Advertisements Column 1
      1767 26 m The Business Times Shipping Times Destination Destination STXPOTBN RTM/ANR/TIL SPYROS B CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN VOYAGER JED/AQB/BJA STXPOTBN ICH/PUS LOK PRAKASH JEA/AUH/DOH/BAH/DMM/KWI PAN DYNAMIC JED/AQB Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES
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      1063 26 WAN HAI INTERNATIONAL PTE LTD cr NO: **********0/R l«- TEL *****588 (14 LINES) FAX: *****163 \\\MN\A/AN HAI INF\ OBtomer Servke/Booktngs Drect Uw (1800) *****200 I V H I llftll I IHI LII1LJ PKL TEL: {03| *****888 FAX: {03| *****288 PEN TEL: {04) *****00 FAX: {04)*****99 V JOH IEL:{07) *****23 FAX:{07)*****21
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      3043 27 I we jIlAjI jIlKiM tAK jLIiMlK., LIU \f£)j 1/^ -tCT, S€^0 i IV 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I V O G1 *C$ L— tt I WEEKLY EXPRESS SAILING SCHEDULE -.P l|yy^JJ^^J ■^VOY^ Romp(KT) Lilling(KT) SIN PKL PNN )KT KB MNL f' H^^^3l^^^^^^3 I "'Ml'
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      3501 28 H2l H Fl El 19 H lig ANDERSENJ I fit GLORY NAVIGATION GROUpI H|>ljp'jfl I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 f&&^\ NORTH WcbT bXrKbbb LINE umiKl »iuiiniiic owns operates the youngest fleet ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■^■■■■■■■■■■■^■■■■■■■■■PHHIHMHII MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaTEX a« aHIvaI DaTEX WITH
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      4035 29 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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  • MOTORING
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      Lock icon St Regis picks 3 Bentleys to ferry guests
      517 30  -  SAMUEL EE Luxury hotel says British marque complements its brand THE St Regis Singapore has chosen three Bentley luxury limousines to grace its driveway. The five-star hotel on Tanglin Road opens this Saturday and its well-heeled guests will be chauffeured to and
      517 words
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      Lock icon Ford sales booming in Asia and Europe
      519 30 Mondeo and S-Max models improve carmaker's fortunes THE new Mondeo sedan and S-Max MPV not only represent the new face of Ford but are also helping to revive the ailing American carmaker's fortunes amid booming sales in Asia and Europe. The two attractive
      519 words
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      Lock icon Look what Santa sent through Borneo Motors
      277 30  -  SAMUEL EE By A SURPRISE delivery of a Lexus took place on Monday when an RX3SO luxury SUV was bought by pipeline and process manager John Guy for his wife Julie as part of Borneo Motors Singapore's festive celebrations. Called "December to Remember",
      JOHN HENG  -  277 words
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      40 30 WIN AN H EPSON PRINTER EVERYDAY* *?JD.VDfIVr3 TO FRIDAYS OMLV EPSOU MODEL RX69O CX93OOF CXB3CD CxSSOQ exceed your tciom WWW.RADIO9I3.COM ST©V™l Lianhe Zaobao I I Oasis I proprietor nets I I $14m windfall I from the compensation I of acquisition
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  • EXECUTIVE MONEY
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      Lock icon Asian deals cheer up banks
      889 31 Reuters But gloomy global markets cast a shadow over investment banks hit by the sub-prime crisis ASIA has proven a bright spot in dismal times for sub-prime battered investment banks, but the festive season's cheer is tempered by gloomy global markets that will make it
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      Lock icon Investing tricks of the wealthy
      1461 32  -  BEN FOX COMMENTARY Average investors can apply the same techniques to their own investments, no matter the size of their portfolio RECENTLY, I asked a wealth manager whether an average investor can make more money by mimicking the investment strategies of the rich. He answered:
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      Lock icon Spotlight falls on the 'hydras' in credit markets
      1510 32 total value of CPDOs is unclear but defenders say knock-on effects if they default would be limited, writes Matthew phan RUMOURS about the potential blow-up of another few billion dollars' worth of structured products have circulated in global markets in recent weeks,
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      88 31 Tppl^A IKlbl) IE TO OUR PIONEERS Q: Which Spore founding father nearly lost his life when sago pearls in pan caught fire exploded? LimKimSan jiHy They are our founding fathers. /f ffiM Know all of them? M), Learn more about the 10 political pioneers X 11 Wrl who made a
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      1252 31 1 J^[jHiB»^Wl IN THE MATTER OF THE IN THE MATTER OF UNITED OVERSEAS BANK LIMITED companies act cap so the companies act, cap. 50 Company Registration No. *****0026Z AND ASD (Incorporated in the Republic of Singapore) "SSSSI^?2??^i F THE MATTER OF neTeuAßOcrvnr^ATCc. rPTEILTT) GRANDEPA PTE. LTD. LOST SHARE CERTIFICATES <fc
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