The Business Times, 1 January 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL28804
Total Pages: 23
1 23 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg •S* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 122/12/2007 Tuesday, January 1,2008
    25 words
  • Article
    Lock icon Wilmar's amazing rise fronts '07 growth story
    1027 1  -  CONRAD TAN Stock market cap up 33.5% in the year; Wilmar left banks behind By [SINGAPORE] The Singapore stock market ended 2007 sharply higher despite the turbulence in the second half of the year, driven by explosive growth in the energy, commodities and
    1,027 words
  • Article, Illustration
    Lock icon Looking ahead
    110 1 In a wide-ranging New Year's message, Prime Minister Lee Hsien Loong touches on the challenges and opportunities that will come Singapore's way in 2008. A snapshot: GROWTH It could moderate to 4.5-6.5% in the coming year after touching 7.5% in 2007. SPACE AND LABOUR SQUEEZE Transitional office sites
    110 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      85 1 *|MP Wjli SME SPOTLIGHT PROPERTY I WELCOME 2008 £Sj^IAFTER BHUTTO ':^Bw^- Vanguard Interiors Slowdown in ifcY An eco-friendly cSm Hard choices *y^ goes one better industrial land sales EUn ball of a time for Pakistan 9^^» page 6 programme page 24 HH^v pageio R^H pageis Govt prepares for test of
      85 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon After robust year, govt prepares for test of '08
      725 2  -  CHUANG PECK MING Major policy decisions will be taken on health care, land transport and education, says PM Lee By [SINGAPORE] Even as he took stock of another satisfactory year of growth, Prime Minister Lee Hsien Loong highlighted the challenges and
      725 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon After robust year, govt prepares for test of '08
        73 2 EVEN as he took stock of another satisfactory year of growth, Prime Minister Lee Hsien Loong highlighted the challenges and opportunities coming Singapore's way in 2008. The economy eased in the final quarter of 2007 but growth for the full year
        73 words
      • Article
        Lock icon SingTel to post net exceptional gains for Q3
        49 2 SINGAPORE Telecommunications is set to report net exceptional gains for its third quarter ended Dec 31 as currency translation gains in its Australian unit offset divestment losses in a Taiwanese fixed-line phone company New Century InfoComm Tech. COMPANY NEWS, PAGE 3
        49 words
      • Article
        Lock icon UOB seeks to double stake in Vietnam bank
        70 2 UNITED Overseas Bank has sought permission to double its holding in Vietnam's Southern Commercial Bank to 20 per cent, the Vietnamese bank said in a statement seen yesterday. UOB last week finalised a deal to buy 10 per cent of the unlisted
        70 words
      • Article
        Lock icon JTC Corp names Cedric Foo as its chairman
        63 2 JTC Corp has appointed Cedric Foo its chairman to replace Soo Kok Leng, who steps down after four years. Mr Foo was appointed to the JTC board as deputy chairman at the start of 2007. Before that he was chairman of Spring
        63 words
      • Article
        Lock icon Germany needs business friendly policies: Merkel
        65 2 THE German economy faces "big" global risks as it approaches the new year that leave no alternative to pressing ahead with business-friendly policies, Chancellor Angela Merkel said in a New Year's eve address to the nation. The government of Europe's largest economy "can no
        65 words
      • Article
        Lock icon Ranhill surges on reports it may be taken private
        102 2 RANHILL Bhd, the contractor of a US$7 billion oil pipeline in Malaysia, rose to a six-week high in Kuala Lumpur trading on a report its chief executive officer may buy the company. Ranhill said it is not aware of such a
        102 words
      • Article
        Lock icon Beijing easing impact of tax reforms
        81 2 CHINA'S State Council, or the cabinet, publicised over the weekend policies aimed at cushioning the impact of enforcing the unified corporate income tax law. The new law, to take effect today, will replace two earlier regulations that date back more than a decade and
        81 words
      • Article
        Lock icon Boutique drugs set to outshine blockbusters
        81 2 THERE is no quick remedy for what ails the pharmaceutical industry: a tougher environment for drug approvals and a dwindling pipeline of new medications. But these twin challenges evidence that the heyday of blockbuster drug-development is over are forcing the industry to ponder big
        81 words
      • Article
        Lock icon Just one industrial site to be released via confirmed list
        77 2 THE Ministry of Trade and Industry's industrial land sales programme for HI 2008 seems to reflect a slowdown from the preceding programme for H2 2007. MTI is releasing just one site through the confirmed list in the latest slate, a
        77 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        45 2 Bloomberg AST INDEX 3,482.30 (+36.48) AST INDEX FUTURES 3,487 (+4l) ASIMSCI 423.95 (+5.41) ASIMSCI FUTURES 425.30 (+7.90) SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.553 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.86 INDIA 12.75 Source:.
        ■ Bloomberg  -  45 words
      • Article
        Lock icon MARKETS
        32 2 Monday Change KL COMP 1,447.64 +0.60 NIKKEI 225 Closed HANG SENG 27,812.65 +442.05 SET INDEX Closed JAKARTA COMP Closed MANILA COMP Closed SEOUL COMP Closed SHENZHENB Closed MUMBAI IND 20,257.09 +50.14
        32 words
      • Article
        Lock icon FOREX
        41 2 US$ (S$ per US$) 1.438 (US$/S$ ii 1.999 2.873 EURO(US$/S$/E) 1.474 2.118 YEN 112.00 77.90 RM 3.307 2.300 HK$ 7.800 5.426 BAHT 33.68 23.42 RUPIAH ,393 6,533 RENMINBI 7.304 5.081 INDIAN RUPEE 39.41 27.41 A$ 1.135 0.790 NZ$ 1.285 0.894
        41 words
    • Article, Illustration
      Lock icon Slow US growth, inflation set to eat into corporate profits
      841 2 Reuters Wall Street analysts beginning to trim profit forecasts [WASHINGTON] Corporate profit margins are set for an uncomfortable squeeze this year as companies pay more for materials yet have little leeway to raise prices. Inflation is tricky enough on its
      Reuters; AP  -  841 words
  • Page 2 Advertisements
Page thumbnail Page 3
  • COMPANY NEWS
    • Article, Illustration
      Lock icon SingTel to post exceptional gains for Q3
      478 3  -  LYNETTE KHOO $118 m in realised currency gains to offset $96m in divestment losses By SINGAPORE Telecommunications is set to report net exceptional gains for its third quarter ended Dec 31 as currency translation gains in its Australian unit offset divestment losses in
      BLOOMBERG  -  478 words
    • Article
      Lock icon UOB seeks to double stake in Vietnam bank
      307 3 Reuters It seals deal to buy 10% of Southern Commercial Bank [HANOI] Singapore's United Overseas Bank (UOB) has sought permission to double its holding in Vietnam's Southern Commercial Bank to 20 per cent, the Vietnamese bank said in a statement seen yesterday.
      – Reuters  -  307 words
    • COMPANY BRIEFS
      • Article
        Lock icon Nera wins $1.2m order from Philippines telco
        56 3 NERA Telecommunications says it has received orders from a telecom operator in the Philippines to supply and deliver microwave radio equipment. The orders have a combined value of about $1.2 million. The contract is not expected to have a significant impact on Nera's
        56 words
      • Article
        Lock icon Parkway winds up privately held units
        45 3 PARKWAY Holdings has announced the voluntary winding-up of three of its privately held units Shenton Medical Centre, GMMC Maritime Medical Centre and EHS Health Screeners. All are wholly owned subsidiaries. Parkway said the companies have been dormant since 2003.
        45 words
      • Article
        Lock icon Yellow Pages to unveil restructuring plan
        45 3 YELLOW Pages says it will announce a plan on restructuring of its core business of print publishing and fast-tracking the growth of its digital business by Jan 7. It had previously said it would unveil its plan by end-2007.
        45 words
    • Article, Illustration
      Lock icon Clinking in the new year
      274 3  -  JOHN HENG By AFTER a successful 2007, it was time to celebrate and ring in the new year for senior executives of United Overseas Bank's personal financial services and commercial banking. Wine flowed generously as achievements of the year are fondly recalled, including accolades such
      JOHN HENG  -  274 words
    • Article
      Lock icon SembCorp Marine acquires Sabine Industries
      197 3 SEMBCORP Marine (SembMarine) has wholly acquired Sabine Industries, which includes Sabine Shipyard and Sabine Offshore Services, from PPL Shipyard for a total US$4 million. Located in Texas, Sabine Industries, renamed SembCorp-Sabine Industries, and Sabine Shipyard, renamed SembCorp-Sabine Shipyard, have direct access to the Texas and
      197 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      119 3 f We train so many Goodness, no. people that we Never again fe-^a^la^iL have to create r would I run for vf \y\_: restaurants for president of the <^T,^ them. United States. I'm quite clear about the r uselessness of nostalgia. I I L liye fullym me places that I
      119 words
Page thumbnail Page 4
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon SGX, Jardine help STI jump 36 points
      557 4  -  R SIVANITHY STOCKS Other blue chips that helped window-dress the index included Keppel Corp and Sing Tel OT unexpectedly, the Straits Times Index (STI) enjoyed a spot of year-end propping up yesterday, via a push on Sing Tel and the Singapore Exchange (SGX).
      : Bloomberg  -  557 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      100 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 112 3 0 0 0 112 3 11 Manufacturing 101 30 53 15 11 116 38 64 Commerce 37 11 18 43 14 23 Tpt/Stor/Com ms 21 11 23 12 Finance 16 17
      100 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 4 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 20,581 20,581 112,615 112,615 Manufacturing 238,622 30,856 269,478 258,160 7,420 265,580 Commerce 103,441 2,858 106,299 58,470 790 59,260 Tpt/Stor/Comms 103,010 2,572 105,582 371,991 1,108 373,099 Finance 38,494 10 38,504 385,669 3 385,672 Construction 33,442 11,376
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      224 4 Stock name Wt Close Change Allgreen 0.44 1.490 +0.010 Ascendasreit 0.88 2.460 +0.070 CapitaComm 0.49 2.440 +0.070 Capita Land 4.04 6.270 +0.060 CapitaMall 0.96 3.460 +0.010 Chart SemiCond 0.51 0.965 -0.005 CityDev 2.69 14.200 +0.220 ComfortDelGro 1.27 1.830 +0.080 Cosco Corp 1.89 5.780 -0.050 Creative Tech
      224 words
    • Article
      Lock icon BROKERS' TAKE
      415 4  -  UMA SHANKARI Silverlake Axis Dec 31 close: $0.60 KIM ENG RESEARCH, Dec 31 TAKES 24.5 per cent stake in cashless payment facilitator: As part of its plan to expand recurring income, Silverlake has opted to convert a former software licensing deal worth RM2I million (559.17 million) into 24.5
      415 words
    • Article, Illustration
      Lock icon Market to consolidate gains
      291 4 Relive Research CHART POINT THE Straits Times Index hit a high of 3,491 last week, just short of its 3,500 downtrend resistance line. Over the past six trading days, it chalked up an impressive 191-point gain but now appears to be suffering temporary indigestion. The strong
      Relive Research; : Bloomberg  -  291 words
    • Article, Illustration
      Lock icon Asia mostly firmer on Fed rate cut prospects
      509 4 Reuters CURRENCIES [SINGAPORE] Asian currencies were mostly firmer against a weak dollar yesterday after last week's poor US housing sales data boosted expectations of further interest rate cuts from the Federal Reserve. The Indonesian rupiah, set to finish the year as Asia's
      Reuters; AP  -  509 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB CATALIST INDEX
      3 4
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 4 Dec 31 VALUE CLOSE 24.00 +467.0 BT OB/OS BT CADI -*****.00 +227.0 BT 10-day MA -*****.00 +2.00 All-SG Equities 969.70 +11.85 SG Equities Elect 101.88 +0.09 SG Equities Fin 2401.87 +17.85 SG Equities Prop 1325.26 +15.77 SiMSCI 423.95 5.41 SiMSCI Future 425.30 +7.90 PrimePartnersCI 241.20 +2.25
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 4 VOLUME JES 64,853,000 Diqiland 38,518,000 Sing Tel 34,838,000 STXPOKWIOO 26,643,000 Ban Joo 18,093,000 DesiqnStudio 17,633,000 KTL Global 16,958,000 Centillion 16,513,000 Gent Intl 14,830,000 JiutianC 13,773,000 VALUE(S) Sing Tel 138,005,020 UOB 110,183,980 DBS Grp 105,903,820 OCBC Bk 101,980,120 STXPOKWIOO 94,874,410 Keppel Corp 62,058,500 SGX 57,041,340 Capita Land 54,716,380
      57 words
    • Article
      Lock icon RISES
      102 4 CLOSE UP LD 10US$ 8265 152.0 1.3 lardine C&C 2180 76.0 3.6 IMH 2770 43.4 1.1 ;gx 1342 38.0 2.9 ;ti etf iopv 3568.7 36.6 1.0 ioodi ick 225 34.0 17.8 ISMSCI India 100 955 31.8 2.4 iTX PO SGA eCW*****4 63 29.5 88.1 I A 1738 28.0 1.6
      102 words
    • Article
      Lock icon FALLS
      116 4 CLOSE DOWN China H 10US$ 2072 -42.0 -1.4 ioscoCo iDBeCW/*****1 114 -40.0 -26.0 ioodi ickW*****6 50 -16.0 -24.2 HK Land 494 -10.1 -1.4 DBS Bk6% NCPS 10 ***** -10.0 -0.1 ioscoCo iBNPeCW/***** 33.5 -9.5 -22.1 SembMar SGAeCW*****0 24.5 -9.5 -27.9 ChinaAniH 25 -7.0 -21.9 China Pain 38.5 -6.0 -13.5
      116 words
    • Article
      Lock icon CURRENCIES
      88 4 Where S$ stands Dec 31 CHNG CLOSE FR Dec 28 YR 2007 S$ LOW S$ HIGH USS 1.4375 0.63 1.5479 1.4363 Euro 2.1196 0.11 2.1639 1.9913 Pounds 2.8721 0.62 3.1194 2.9158 AS 1.2662 -0.05 1.3555 1.1741 Yen* 1.2839 -0.48 1.3821 1.2285 Rupiah* 0.***** 0.37 0.***** 0.***** Baht* 4.2668 0.54
      88 words
Page thumbnail Page 5
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon HAVING A BALL OF A TIME SEEING IN THE NEW YEAR
      107 5  -  JOHN HENG THOUSANDS of aspirations, resolutions and dreams represented by wishing spheres floating in Marina Bay and alike thoughts floating in the air were cemented at the stroke of midnight as the first flash of fireworks burst above our
      JOHN HENG  -  107 words
    • Article
      Lock icon Bank lending in November hits record pace too
      365 5  -  CHEN HUIFEN By DOMESTIC bank lending here grew at another record pace in November, despite the breather seen in the property market that has led to a momentum slowdown in related loans. According to preliminary data released by the Monetary Authority of
      365 words
    • Article, Illustration
      Lock icon JTC Corp names Cedric Foo as its chairman
      374 5  -  MATTHEW PHAN Soo Kok Leng led JTC to create vibrant industrial landscape: govt By JTC Corp has appointed Cedric Foo its chairman to replace Soo Kok Leng, who steps down after four years. Mr Foo was appointed to the JTC board as
      374 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7814 5 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.029/ Star Europe Bond 1.193/ Star Europe Bal 1.226/ Star Asian Tiger Eqty 1.678/ Star Asia Bond 1.259/ Star Asia Balanced 1.063/ Star Global Technology Fund!** 0.235/ Multi St Fd 0.917/ Star Asia BondfUSD) 0.867/ Gib Multi St USD
      7,814 words
Page thumbnail Page 6
  • SMEspotlight
    • Article, Illustration
      Lock icon Finding comfort in furnishing trade
      805 6 Having tapped the Asian market, Vanguard Interiors is now looking at other growth areas, writes QUAH CHIN CHIN NESTLED in the midst of a row of eating houses along Purvis Street, the Vanguard Interiors showroom could easily be missed by the bustling lunch crowd. But
      JOHN HENG  -  805 words
    • Article, Illustration
      Lock icon Getting pleasure in doing business about kids
      637 6 Grace Kids founder tells VINCENT WEE how her music-based course Rhythm in Me led to demand from parents for more programmes FOR Grace Kids founder Grace Sagaya Chia, business is and has always been about children. "I never thought about doing business," she
      FILE PHOTO  -  637 words
Page thumbnail Page 7
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon More Germans starting new life abroad
      658 7 ■AFP Trend even spawns TV reality show watched by millions [BERLIN] They flee Berlin for sunny California, dream of opening a restaurant in Cambodia, or attempt to set up as horse-breeders in Tuscany never in the past 50 years have so many Germans been
      ■AFP; AFP  -  658 words
    • Article, Illustration
      Lock icon Germany needs business friendly policies: Merkel
      395 7 Bloomberg Global risks leave the country with no choice, she says in address to nation [BERLIN] The German economy faces "big" global risks as it approaches the new year that leave no alternative to pressing ahead with business-friendly policies, Chancellor Angela Merkel said in
      – Bloomberg  -  395 words
    • Article
      Lock icon S Korea faces inflation, slower growth risks
      337 7 Reuters [SEOUL] South Korea's economy is facing increased risks of a slowing economy but accelerating inflation, with sluggish investment and jobs market remaining as structural problems, the head of the central bank said yesterday. Bank of Korea Governor Lee Seong-tae said in his
      – Reuters  -  337 words
    • Article
      Lock icon Economists polled see US hiring slowed in December
      656 7 Bloomberg [NEW YORK] Employers in the US hired fewer workers in December and the unemployment rate rose, signalling one of the few remaining bright spots in the economy dimmed heading into 2008, economists said before reports this week. Payrolls rose by 70,000
      – Bloomberg  -  656 words
    • Article
      Lock icon Oil jumps on Iran's plans to start nuclear reactor
      390 7 Bloomberg [NEW YORK] Crude oil rose in New York, poised for its biggest annual increase since 1999, as Iran plans to start a nuclear reactor this year, raising concern that the move will heighten a confrontation with the United States. Iran,
      Bloomberg  -  390 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      26 7 /l\ RADIO HEART WKItZ /!\|/i«rni?Ai>m NEW YEAR. NEW CREW. NEW MUSIC. NEW CHOICE. TUNE IN NOW! ENJOY THE DIFFERENCE. I n I H I*l Ifi WWW!SDIO9I3.COM
      26 words
Page thumbnail Page 8
  • MALAYSIA
    • Article
      Lock icon Ranhill rises on reports it may be taken private
      598 8 Paper says CEO could re-list group's shares overseas to get higher valuation [KUALA LUMPUR] Ranhill Bhd, the contractor of a US$7 billion oil pipeline in Malaysia, rose to a sixweek high in Kuala Lumpur trading on a report its chief executive
      598 words
    • Article
      Lock icon Johor sex DVD set to create scandal within Malaysia's ruling coalition
      354 8  -  S JAYASANKARAN By A SCANDAL could be brewing within a senior component party of Malaysia's ruling National Front coalition after copies of a DVD showing a senior member of government having sex with a twenty-something woman in an unidentified
      354 words
    • Article
      Lock icon Plus to open maiden Mumbai highway project in Q1
      281 8 [KUALA LUMPUR] Plus Expressways Bhd is set to open its maiden highway project in Mumbai, India in the first quarter of 2008, according to a Starßiz report. The tabloid quoted chief financial officer Annuar Marzuki Abdul Aziz as saying that Plus
      281 words
    • Article, Illustration
      Lock icon Malaysia's construction sector bracing for price move on steel
      652 8 [KUALA LUMPUR] With the automatic price mechanism (APM) for cement effective today, construction players and steel millers in Malaysia are now bracing for a similar APM on steel bars and billets, says a report in The Starßiz. Many quarters want the
      BLOOMBERG  -  652 words
    • Article
      Lock icon BURSA MALAYSIA
      2284 8 VOL C000) lee 31 RM \&M Realty 0.84 \bricBhd 0.27 \dvance Synergy 0.20 Vjventa Bhd 1.48 \eMulti Hldgs 0.30 \ffin Holdings 2.59 \hmad Zaki Resou 3.24 SjcCorp 0.79 \irasia Bhd 1.60 \kn Technology 0.62 \lliance Financi 3.08 \luminium Co 1.25 \malgamated Ind 0.50 \minvestment Grp unch Vnmb Hldgs
      2,284 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • GREATER CHINA/INDIA
    • Article
      Lock icon Beijing easing impact of tax reforms
      533 9 Xinhua New law taxing all firms at 25% to be phased in over five years [BEIJING] China's State Council, or the cabinet, publicised over the weekend policies aimed at cushioning the impact of enforcing the unified corporate income tax law. The new law, to
      Xinhua  -  533 words
    • Article
      Lock icon Beijing barely hits 'blue sky' target
      247 9 Xinhua [BEIJING] Beijing officials could finally heave a sigh of relief when the host city of 2008 Olympic Games saw a blue sky on Sunday, hitting an annual air quality improvement target just two days before the year ends. A strong cold current expelled
      – Xinhua  -  247 words
    • Article, Illustration
      Lock icon India alert but calm in the face of turmoil in Pakistan
      860 9 AP Of concern to Delhi is fate of Pakistan's nuclear weapons [NEW DELHI] No country should have more to fear from Pakistan's slide towards instability than India. In the six decades since an independent India and Pakistan rose from
      AP  -  860 words
    • Article, Illustration
      Lock icon Chinese car deal raises hopes for MG Rover brand revival
      875 9 Reuters Shanghai Auto gives Nanjing car maker clout to boost MG [SHANGHAI] A deal struck recently puts a venerable British motoring brand in the hands of China's top car maker, raising hopes that Shanghai Automotive Co might do for MG
      Reuters; AP  -  875 words
Page thumbnail Page 10
  • WORLD
    • Article
      Lock icon Boutique drugs set to outshine blockbusters
      968 10 -AP Shift comes as regulators grow more sensitive to possibly fatal side effects of widely prescribed medicine [WASHINGTON] There is no quick remedy for what ails the pharmaceutical industry: a tougher environment for drug approvals and a dwindling pipeline of new medications. But these
      -AP  -  968 words
    • Article, Illustration
      Lock icon An eco-friendly ball of a time at Times Square
      414 10 -AP [NEW YORK] The Times Square New Year's Eve ball is celebrating its centennial by going green. The star of the worldfamous holiday extravaganza was revamped this year with 9,576 energy-efficient bulbs that use about the same amount of electricity as
      -AP; REUTERS  -  414 words
    • Article, Illustration
      Lock icon Hot roads in summer heat cold buildings in winter
      743 10 L_* l_*l J_ *_> W J_ Dutch firm's project among ways to max use of solar power [SCHARWOUDE, Netherlands] If you have ever blistered your bare feet on a hot road you know how asphalt absorbs the sun's rays. Now, a
      L_* l_*l J_ *_> »_/ W J_; AP  -  743 words
    • Article
      Lock icon UK law to protect Scotch whisky against piracy
      337 10 Reuters [LONDON] Scotch whisky is to be given greater protection against counterfeiting, under a consultation launched yesterday by the government. The Department for Environment, Food and Rural Affairs launched the consultation on draft legislation that aims to strengthen the definitions of Scotch
      – Reuters  -  337 words
    • Article
      Lock icon Stocks tumble as market resumes trade in Pakistan
      357 10 j.— Reuters [KARACHI] Pakistan's stock market slumped yesterday in its first reaction to the assassination of former prime minister Benazir Bhutto whose death plunged the country into one of its deepest crises. In early trade, the benchmark Karachi Stock Exchange 100-share index
      j.— – Reuters  -  357 words
Page thumbnail Page 11
  • FOCUS:SINGAPORE STOCKS
    • Article
      Lock icon The year's gainers and losers
      729 11 Wilmar's fortunes soared on the back of high palm oil prices, but DBS and SIA felt the heat from the slowing global economy By CHOW PENN NEE RISING commodity prices were probably best illustrated by the Singapore stock market's top gainer by market value in
      729 words
    • Article, Illustration
      Lock icon Banks absent from top gainers list
      491 11  -  CONRAD TAN By BANKS were conspicuously absent from the list of top gainers in the stock market in 2007, due to the upheaval in financial markets and the banking sector in the second half of the year. DBS Group, the largest of the three
      FILE PHOTO  -  491 words
    • Article, Illustration
      Lock icon A year of mixed results for property firms
      381 11  -  CONRAD TAN IT WAS a year in which property prices soared and the earnings of property companies surged with them. But the government's move on Oct 26 to discourage speculative buying by withdrawing the deferred payment scheme for private property purchases led
      BLOOMBERG  -  381 words
    • Article
      Lock icon Tech stocks retreat from early highs, ending year lower
      314 11  -  CONRAD TAN TECHNOLOGY stocks were lifted by a wave of private equity buyouts earlier this year that sent their prices soaring. But when it became clear that not all the companies would be picked up by buyers, market values retreated from
      314 words
    • Article, Illustration
      Lock icon Hefty market-value gains for many big conglomerates
      292 11  -  CONRAD TAN FOR large conglomerates, 2007 was a year to remember. Many saw hefty gains in their market value, especially those with businesses heavily exposed to the booming oil and gas industry. Keppel Corp, the world's largest builder of offshore oil rigs, saw
      FILE PHOTO  -  292 words
    • Article, Illustration
      Lock icon Record highs, triple-digit falls
      260 12 R SIVANITHY tracks the STI's performance throughout the year CRISIS? What crisis? Although 2007 will go down as the year of the US sub-prime crisis when ordinary Singapore investors gained an unwelcome but unfortunately necessary understanding of exotic financial terms like "carry trade", collateralised debt obligations
      260 words
    • Article
      Lock icon Ranking of Singapore companies by market capitalisation
      4228 13 RANK RANK COMPANY MKTCAP DEC 31 DEC 29 (S$M) 2007 2006 DEC 31 2007 CHNG FROM DEC 29 2006 1 1 SingTel *****.4 2 19 Wilmar *****.8 3 2 DBSGrp *****.9 4 3 UOB *****.8 5 4 OCBCBk *****.8 6 7 Jardine Matheson
      4,228 words
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
  • AVIATION/SHIPPING
    • Article
      Lock icon US airways to tackle investors' concerns
      579 14 It will improve on management issues and ensure ops run smoothly [PHOENIX] US Airways Group Inc is eager to ring in the new year after getting beat up on Wall Street in 2007. Though the company consistently surpassed analysts' earnings expectations, shares for the
      579 words
    • Article, Illustration
      Lock icon Talks between Air France and Alitalia to start tomorrow
      395 14 [ROME] Italian newspapers reported on Sunday that eight weeks of exclusive talks between Air France-KLM and Alitalia for the sale of the ailing Italian airline will start tomorrow. The government announced two days ago that it was backing the Franco-Dutch bid
      AFP  -  395 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2415 14 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: Bourac -irhnes (BOU), BR:
      2,415 words
    • Article
      Lock icon SlA's deputy chief pilot appointed as Silk Air's VP
      178 14 Capt SL Leong has 30 years experience in flying and management with SIA [SINGAPORE] Silk Air yesterday announced the appointment of Captain SL Leong as vice-president/chief pilot from tomorrow. Cpt Leong, who is now deputy chief pilot of Singapore Airlines' A340/A3BO
      178 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        119 14 '000 )ec31 Vol Ch Offshore Chuan Hup Hldgs Cosco Corp Cwt Limited Ezra Hldgs Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine Mtq Corp Nol Ltd Pacific Shipping Pan-United Corp Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.80 0.40 5 78 1
        119 words
      • Article
        Lock icon KLSE
        40 14 '000 lee nt'G Logistics Misc Berhad Misc Foreign Msia Bulk Carrie Neb Hldgs Bhd Nepline Bhd Pdz Holdings 1.15 9.75 9.90 4.46 3.04 0.26 0.19 unch -0.15 unch 0.02 0.02 0.02 -0.01 83 49 129 922 156 31 113
        40 words
      • Article
        Lock icon BANGKOK
        15 14 '00 )ec28 Baht Vol 'recious Ship Regional Cont 29.00 29.75 0.50 0.75 1763 972
        15 words
      • Article
        Lock icon HONGKONG
        12 14 '000 lee Soil iingamas Cont .57.70 ...3.39 0.35 0.21 218 934
        12 words
      • Article
        Lock icon PHILIPPINES
        25 14 '000 >ec28 Peso Vol Aboitiz Equity ntl Container Keppel Marine <eppel Prop 6.90 45.50 2.00 unch unch 1.00 -0.18 unch 4116 751 123 0
        25 words
      • Article
        Lock icon TAIPEI
        25 14 )ec31 HT$ Vol Evergreen Marine ....29.60 :irst Steamship 74.40 /Van Hai Lines 29.50 fang Ming Marine...25.10 1.30 3.30 0.60 0.30 22 5 10 8
        25 words
      • Article
        Lock icon TOKYO
        41 14 '000 )ec28 Yen Vol (awasaki Hvylnd ..331.00 -12.00 7073 (awasaki Kisen ...1098.00 -28.00 3131 Mitsubishi Hvy 481.00 -14.00 ***** vlitsui Eng8.Sbldg...436.00 -11.00 3212 vlitsui Osk Lines ...1426.00 -26.00 3609 Mippon Express 575.00 -9.00 2045 MipponYusen 888.00 -7.00 4242 iource: Reuters
        41 words
    • Article
      Lock icon MHSto expand overseas ops: paper
      322 14 [KUALA LUMPUR] Helicopter service provider Malaysian Helicopter Services Sdn Bhd (MHS) is all set to expand its operations abroad this year, targeting South-east Asia, South Asia, the Middle East as well as Africa, says a report in Malaysia's Business Times. MBT quoted chief operating officer
      322 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      335 14 CRYPTIC CROSSWORD ACROSS n X I R I [4 I [6 I |7 I [8 I I 1 Greeting head of state with Bfl 5 Chopping cocaine, getting out of it! (8) f H 9 Can, need, find sobriety Bfl Bfl Bfl Bfl Bfl BJ Bfl 10 Beginning to run
      335 words
Page thumbnail Page 15
  • EDITORIAL & OPINION
    • Article
      Lock icon A year for cautious optimism
      513 15 AS the curtain goes up on 2008, it's in order to speculate on what the year might have in store, for the economy and the markets. As Prime Minister Lee Hsien Loong pointed out in his New Year's message, 2007 was another year of robust
      513 words
    • Article, Illustration
      Lock icon Malaysia needs a new consciousness in 2008
      1162 15  -  TUNKU ABDUL AZIZ The government has to keep pace with the demands for transparency and accountability By MALAYSIA is admittedly one of the most difficult countries to govern democratically. I, therefore, find it distressing that many Malaysians spend their waking hours complaining about
      FILE PHOTO  -  1,162 words
    • Article, Illustration
      Lock icon Address, not pooh pooh, downside of global trade
      816 15  -  PAUL KRUGMAN -NYT THE BOTTOM LINE WHILE the United States has long imported oil and other raw materials from the Third World, we used to import manufactured goods mainly from other rich countries like Canada, the European nations and Japan. But recently,
      -NYT  -  816 words
    • Article, Illustration
      Lock icon Towards another good year
      2098 16 This is the text of Prime Minister Lee Hsien Loong's New Year Message 2008 THIS year (2007), the world economy faced a number of challenges. Oil prices continued to rise, and are now close to US$lOO a barrel. The US sub-prime loans crisis has uncovered deeper
      DESMOND LIM/THE STRAITS TIMES  -  2,098 words
Page thumbnail Page 16
Page thumbnail Page 17
  • FOCUS: PAKISTAN AFTER BHUTTO
    • Article, Illustration
      Lock icon No obvious hope for Pakistan
      1320 17  -  PETER W GALBRAITH ■LAT-WP With Bhutto gone, many of her most devoted followers may now conclude they do not want to remain in the country BENAZIR Bhutto did not survive her last campaign to restore democracy to her country. After her murder, Pakistan may not
      ■LAT-WP; AFP  -  1,320 words
    • Article, Illustration
      Lock icon Assassinations are shots in the dark
      1307 17  -  NEELY TUCKER LATWP By BENAZIR Bhutto's father was prime minister of Pakistan in the 1970s and, before he was hanged, he would tell her to study the lives of great women as inspiration. She sometimes told reporters that story, including the names of Joan
      LATWP; REUTERS  -  1,307 words
Page thumbnail Page 18
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8383 18 Transaction date: Dec 31 Hii Low Code Co i Sale Cooo) Hii Low Bi Seller C'vr P/E imil 5716 1st Software 11 8 3148 STelecom 34 15.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 11 13 1100 AEM 42 10.4 2101
      8,383 words
    • Article
      Lock icon SGX XTRANET
      72 18 _Hm Low Code Com Sale COOP) _Hm Low Seller C'vr P/E Smi 200 116 6065 Diamonds US200d 250 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS US6200xd US1000 US*****xd US***** 80 100 100 100 3983
      72 words
    • Article
      Lock icon SGX CATALIST
      2078 18 Hii Low Code Coi Sale row) Hii Low By Seller C'vr P/E $mi 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 70.5 15 1524 s Alantac 22.5 8.5 7814 s Albedo 46.5 28 5021
      2,078 words
    • Article
      Lock icon CLOB INTERNATIONAL
      200 18 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      200 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      19 18 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com *«Wl^(H§to^^^^ I
      19 words
Page thumbnail Page 19
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 19 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 28 World Index Preliminan 1136.7 0.0 3.3 0.2 1.5 0.4 7.I t EAFE Preliminan 1121.0 -0.3 1.2 0.1 2.5 0.4 8.7 Euro[ Preliminary 1545.5
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 19 As at 9am Dec 31 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2620 1.2780 Can dollar 1.4670 1.4850 Euro 2.1180 2.1420 NZ dollar 1.1120 1.1360 Sterlin mnd 2.8690 2.9020 US dollar 1.4360 1.4530 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      165 19 Dec 31 fer Overnight 1 3/4 1 -month 2 2-months 2 3/16 3-months 2 3/8 Overnight mode: 7/8 US$ Offer 1 1/2 1 7/8 2 1/16 2 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.50 4.70 4.75 4.80
      165 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 19 Dec 28 STI SIMSCI Jan 419.3 421.2 417.1 Taiwan Jan 325.5 333.8 330.3 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 19 Dec 31 Bid Offer 1-month 1.4335 1.4347 2-months 1.4311 1.4324 3-months 1.4288 1.4301 6-months 1.4221 1.4236 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 19 Dec 31 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2658 1.2671 0.8808 0.8811 Canadian dollar 1.4693 1.4711 1.0224 1.0229 Euro 2.1173 2.1193 1.4733 1.4737 NZ dollar 1.1184 1.1194 0.7782 0.7784 Sterlim 2.8719 2.8745 1.9984 1.9981 US dollar 1.4371 1.4381 S$/US$
      153 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      349 19 Dec is EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 95.680 96.145 96.385 96.490 0 0 0 0 ***** ***** 7018 2617 EUROYEN FUTURES MarO8 99.250 99.250 JunO8 99.290 99.290 SepO8 99.240 99.250B DecO8 99.200 99.200 MarO9 99.135B JunO9 99.060B SepO9 DecO9 99.250 99.290 99.240 99.190 99.250 99.285 99.240
      349 words
    • Article
      Lock icon SICOM FUTURES
      272 19 Dec 28 RSS 1 (S cents/kg) Month Hii Low Close Sett Volume (tonnes) Open Interest Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 Oct/Dec 08 377.00 380.25 383.50 391.75 394.25 394.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest Jan 08
      272 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 19 Dec 31 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.861 6.435 0.598 6.871 34.723 82.748 0.987 8.246 2.913 1.132 54.509 36.339 1.266 5.982 0.990 28.573 29.670 0.441 0.881 Canada 1.161 7.470
      469 words
    • Article
      Lock icon CHICAGO BOT
      105 19 Dec 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1207.75 1212.50 1229.50 1202.25 Mar 08 1223.00 1231.50 1248.00 1216.00 May 08 1240.50 1248.00 1263.50 1236.00 Jul 08 1246.50 1255.00 1272.00 1240.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 48.83 48.74 49.22
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 19 CRUDE OIL PRODUCTS Dec 28 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 95.82 0.53 WTI (Near Mth) 95.99 -0.87 Dubai (1-Mth F) 89.07 1.23 Tapis blend 99.8 1.25 Minas 98.05 1.25 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 95.45 110.25 0.13 2.15 USS/barrel Opec Oil
      76 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      78 19 d«3i Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****A 03.04.08 1-Year BY*****A 29.09.08 2.00 2.00 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 NY*****X 3.125 20-Year
      78 words
    • Article
      Lock icon SIBOR
      78 19 Dec 31 (US$) (S$) 4.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 1 mth 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs
      78 words
    • Article
      Lock icon PALM OIL
      65 19 Dec 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Jan 08 3116 3111 3130 3104 501 3263 Feb 08 3114 3118 3140 3114 796 9155 Mar08 3115 3125 3141 3110 3990 ***** Apr 08 3115 3115 3129
      65 words
    • Article
      Lock icon PRECIOUS METALS
      138 19 Dec3l GOLD (USS/oz) Dec 28 Dec 31 Hong Kong London 824.00 838.00 825.00 839.00 Dec 27 Dec 28 829.00 836.30 829.80 837.00 Source: Reuters CAST BAR (S$) Dec 31 Buying Sellini Kilobar "41,814.53" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz
      138 words
    • Article
      Lock icon LONDON METALS
      58 19 Dec 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2367.80 3 months 2418.00 Copper, Grade A (US$/tonne) Cash 3 months 6800.00 6830.00 Lead (US$/tonne) Cash 2572.00 3 months 2570.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00 *****.00 Zinc, Sped; il High Grade
      58 words
    • Article
      Lock icon LIFFE
      83 19 Dec 28 COCOA (£/tonne) Close Prev Hii ih/Low Mar 08 1049 1058 1057/1043 May 08 1067 1075 1069/1061 Jul 08 1096 1103 1098/1089 Sep 08 1078 1086 1081/1073 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1850 1831 1868/1830 Mar 08 1889 1872 1910/1870 May 08 1912 1894 1930/1905 Jul
      83 words
    • Article
      Lock icon BONDS & WARRANTS
      5590 19 BONDS WARRANTS el lode Comi Last Sale +orVol Conv Exer ('000) Ratio Price Disc Gear- Mths ing Left '79 ASL Marine Hldgs W*****1 358 Advance Modules GrpW*****3 336 Advance SCT Ltd W*****9 '47 Allgreen RB ECW*****1 135 Allgreen RBeCW*****6 #ArianeCorpLtdW*****9 '98 Ascendas REIT SGA ECW*****3 392 Asia Environment W*****4 181
      5,590 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      2747 20 m The Business Times WmWM Sim ngTimes W|^Qgi|^|§^|H w^gjygmil^j *-i v o v 'c y UK CONTINENT SERVICE U.S.A SERVICE Hffß!iff3TffißiT^ \£S Destination Destination JEW i^hSsiSlSalaiam^r' N PF^3BrF^~4 ':> STXPOTBN RTM/ANR/TIL LARA RICKMERS CDN/NFK/SAV/NOL WWfllf^^SM j^'W* 3™*^^ \=t3E^Bb) I mmiEwm^j^Bli^BßW \^^^l '^F/ Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia,
      2,747 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      3154 21 WAN HAI INTERNATIONAL PTE LTD P^i__^ I $Hl>\ Cf4 Tf^^' \""\~Kl\ IAIA M UAI I Ilirr TEL *****588 (14LINES) FAX:*****163 ■3_____>i_i *V^ -KB Ss®& S? Ci C XW</ VViIWAN HAI LINE) W^^MWSKIfIiSSKMi iMIi H WEEKLY EXPRESS SAILING SCHEDULE V «"ivsi«-r!iai ("TKiix-visunni (•nii-rruntu tni)?riiii •■ri-M ■nBBTTainni7iHSanTTTTIIOTTIII?TinTriIIIiriiiriIPITni www.wanhaUom.sg '«IT" ("viiwjiotfax ("VinvumiiMin ;!..■<»■
      3,154 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      2657 22 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
      2,657 words
Page thumbnail Page 23
  • PROPERTY
    • Article
      Lock icon Industrial land sales slate hints at slowdown
      595 23 MTI puts only one site on confirmed list, although it keeps 7 sites on reserve list THE Ministry of Trade and Industry (MTl)'s industrial land sales programme for HI 2008 seems to reflect a slowdown from the preceding programme for H2 2007. MTI
      595 words
    • Article
      Lock icon Latest scheme
      109 23 Government industrial land sales programme (first half 2008) iovernment in Confirmed list Woodlands 1.68 B2 2.5 60 I May'08* I URA Industrial Park E5 Reserve list YishunAve6 1.42 B1 2.5 60 URA (ParceM) Toh Tuck Ave 1.02 B1 1.6 30 JTC YishunAve6 1.43 B1 2.5 60 Alre^ URA
      109 words
    • Article, Illustration
      Lock icon Bubble lurks in Panama property boom
      794 23 -Reuters I Colombian drug cartels using real estate sector to launder money, warn US officials THE shiny skyscrapers that soar above Panama City's coast and loom over the small Central American capital give it a skyline more suited to an Asian powerhouse like Hong
      -Reuters I; REUTERS  -  794 words
    • Article
      Lock icon Aussie bond sales backed by home loans dive 87%
      466 23 Bloomberg [MELBOURNE] Australian mortgage-backed bond sales fell to the lowest in three years as the fallout from the US housing recession cut demand for the assets in the second half of the year. Sales of bonds backed by Australian home loans
      – Bloomberg  -  466 words
    • Article, Illustration
      Lock icon Cost of Iceland property doubles
      213 23 Xinhua Prices have gone up since 2001 [STOCKHOLM] The average price of real estate in Iceland has doubled between 2001 and 2007, according to reports reaching here from Reykjavik on Sunday. The average price of apartments has gone up from almost 15 million Icelandic kronor
      – Xinhua; BLOOMBERG  -  213 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      75 23 2 sty bungalow Swimming pool Approx 26,000/5,5005f Spacious Patio 4 rooms Privacy Greenery Astrid Hill 23,0005f Fourth Aye 26,0005f Belmontßd 15,0005f GarlickAve 11,000sf BinjaiPk 25,0005f Oriole Cres IO.OOOsf BrizayPk 17,0005f PeirceDr 32,0005f BtSedap 15,5005f Queen Astrid Pk 25,5005f ClunyPlc 16,0005f Swettenham 16,0005f Cornwall Gdn 21,0005f Victoria Pk 30,0005f Dalveyßd 15,5005f
      75 words