The Business Times, 18 January 2008

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Total Pages: 37
1 37 The Business Times
  • 24 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg «V A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Friday, January 18,2008
    24 words
  • 700 1 AP, Bloomberg No specifics yet, but package is likely to include tax rebates [WASHINGTON] US President George W Bush and Federal Reserve chairman Ben Bernanke yesterday embraced calls for an economic stimulus package to avert recession. Mr Bernanke said that such a plan should
    AP, Bloomberg  -  700 words
  • 682 1  -  CHUANG PECK MING NODX hit by electronics slump; jury still out on 2008 as US slowdown looms I By [SINGAPORE] Even the economists were caught off-guard. They had expected Singapore's key non-oil domestic exports (NODX) in December to grow at a healthy
    International Enterprise S'pore  -  682 words
  • MARKETS DIGEST
    • 47 1 Thursday Change KLCOMP 1,460.71 +7.05 NIKKEI 225 13,783.45 +278.94 HANG SENG 25,114.98 +664.13 SET INDEX 791.25 +17.45 JAKARTA COMP 2,649.28 +56.97 MANILA COMP 3,248.89 -102.77 SEOUL COMP 1,723.55 +18.58 SHENZHEN B 686.47 -9.89 MUMBAI IND 19,700.82 -167.29 11AM EDT Change 12,396.41 -69.75 DOW NASDAQ 2,387.35 -7.24
      47 words
    • 30 1 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.800 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 4.05 INDIA 12.75 Source:
      1 Bloomberg  -  30 words
    • 40 1 US$ (S$ per US$) 1.432 (US$/S$ )er£) 1.964 2.812 EURO(US$/S$/E) 1.465 2.097 'EN 107.50 75.00 RM 3.273 2.286 HK$ 7.803 5.450 BAHT 33.15 23.15 RUPIAH 9,444 6,596 RENMINBI 7.251 5.064 INDIAN RUPEE 39.27 27.43 1.131 0.790 NZ$ 1.292 0.902
      40 words
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  • Page 1 Miscellaneous
    • 78 1 fib TOP PERFORMING COMMENTARY CLIPPER RACE »^r HpP_ COMRANIES KL-S'pore open skies Goodsailingby B^y 4A& f^J^ Ranking of SlOOO, SME 500 the right way to go Uniquely Singapore Ski*H companies pages 4,11 -14 page 24 E^^Sl^^f^ page 34 -HHk Jfi T0P PERF0RMING COMMENTARY C PPp COMPANIES KL-S'pore open skies £^0±\1£m
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  • TOP STORIES
    • 602 2  -  CHUANG PECK MING Bosses in need of talent here will continue to dangle carrots: study By [SINGAPORE] Credit crunch? Bosses here are more worried about losing workers. Job hopping and poaching has become a major issue in Singapore and employers are likely to
      602 words
    • 603 2  - How sovereign wealth funds can start feeling welcome VIKRAM KHANNA They must adopt code of best practice: former US Treasury official By [SINGAPORE] Sovereign wealth funds (SWFs) should significantly increase their accountability to the citizens of their own countries, to governments and citizens of the countries in which they invest
      ARTHUR LEE  -  603 words
    • 491 2  -  MATTHEW PHAN Reach of subway track per square kilometre is too low, study claims By [SINGAPORE] Singapore ranks poorly among global cities for the reach of its public transport system, according to a recent comparative study of 50 cities by Ooi Giok Ling from
      491 words
    • THREE-MINUTE DIGEST
      • 70 2 THE hotels and food establishments sector recorded stronger profit growth last year than any other sector of the economy, new figures show. Companies in this sector saw their profits leap by an astounding 181 per cent in one year, according to
        70 words
      • 66 2 SINGAPORE is still an overweight call for Credit Suisse Private Banking, where it remains the Asian equity research team's top pick within Asean, team director Fan Cheuk Wan said yesterday. "I don't think the US recession risk will have a major
        66 words
      • 88 2 ALLCO Commercial Real Estate Investment Trust (Allco Reit) said yesterday that the combined value of three of its property assets has jumped by $120.8 million or 12 per cent since the end of June last year, based on the latest revaluation. The
        88 words
      • 78 2 PRIVATE hospitals and their accredited doctors may soon have to declare their bill sizes, as Health Minister Khaw Boon Wan revealed that he would be pushing for the move through legislation later this year. Although the Ministry of Health has been
        78 words
      • 103 2 INFLATION is likely to take a big bite of that fat pay rise this year. With Singapore workers looking forward to some of the biggest pay rises in the developed economies at 5 per cent, ECA International, a global club of human
        103 words
      • 85 2 A WIDE range of data from the government, private corporations and independent analysts paints a picture of a nation that is already in recession in some states and industries, while much of the nation and big parts of the economy have suffered
        85 words
      • 92 2 WITH three new players entering the fray this year and a fourth waiting in the wings, the competition in Malaysia's telecommunications sector could intensify with increasing deregulation of the industry. The sector is dominated by three players, with each offering its services
        92 words
      • 79 2 CHINA may allow foreign companies to sell shares on its stock markets this year, the nation's securities regulator said. China will "study and push forward the work to let red-chip companies and other foreign companies to become public in
        79 words
      • 90 2 RELIANCE Industries Ltd, India's biggest privately owned company, said profit, excluding an asset sale, rose 26 per cent in the third quarter as it earned more from processing crude oil into fuels. Profit from refining increased to 38.8 billion rupees (Ssl.4lbillion)
        90 words
    • 28 4 In The Raffles Conversation Tomorrow Professor Fujio Masuoka, the inventor of flash memory, is working on his next big idea. And he's counting on Singapore.
      28 words
    • 482 4  -  CHOW PENN NEE Group releases rankings of Spores top-performing companies By [SINGAPORE] The hotels and food establishments sector recorded stronger profit growth last year than any other sector ofthe economy, new figures show. Companies in this sector saw their profits leap
      482 words
    • 421 4 Bloomberg [SINGAPORE] Singa-pore-listed Wilmar International, a major supplier of edible oil to China, yesterday saw the worst fall in its share price in 11 months, after Beijing imposed curbs on prices to dampen inflation. Makers and sellers of grain, cooking oil, meat,
      Bloomberg  -  421 words
    • 704 4 Bloomberg Largest US broker posts first full-year loss since 1989 [NEW YORK] Merrill Lynch reported a second straight quarterly loss after writing down US$ll.5 billion of sub-prime mortgages and bonds, ousting its chief executive officer and losing almost half of its market value in 2007.
      Bloomberg; BLOOMBERG FILE PHOTO  -  704 words
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  • Page 3 Advertisements
    • 302 3 V Blili B 81 m vl\ I I «J I 98 8 n -■::-'SI-- —f- i /I r-r i aaaW^S^^^***"^ ""^^*^T J^-* m W -^^1 H*- ME^^^7"3^V ■j^^^**^™^^^'* *-^^otm\a7~ if Luxury living in the heart of the Orchard Road district bukit timah rd "jf™™," clemenceau aye north In the prime
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  • Page 4 Advertisements
    • 1833 4 ■JD^ ROLEX/PATEK PHILIPPE/ BREGUET/PIAGET APVACHERON/IWC/ JAEGER/ OMEGA *I«S¥* #01-45A Peninsular Plaza 6334 0155 ttfis*H C^j^~M #02-90K People's Park Complex 6327 4628 #01-45 Theßencoolen 6333 1921 Q^^^^jlffl^ 1L."^31~ #01-51 Orchard Plaza 6735 9539 A1? A ilk 4^o #01-46 Peninsular Plaza 6334 8919 ttfis^;M #01-44 People's Park Centre 6533 4619 "1- rffg)
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  • COMPANY NEWS
    • 596 5  -  MATTHEW PHAN By It says US recession risk may not have major impact on growth momentum SINGAPORE is still an overweight call for Credit Suisse Private Banking, where it remains the Asian equity research team's top pick within Asean, team director
      596 words
    • 747 5 -neuters But crowding into defensive stocks would be a mistake [HONG KONG] Telecoms, infrastructure and toll road companies are among the best defensive stocks for Asian investors who fear that the downturn since the start of the year is shaping up to be a
      -neuters; FILE PHOTO  -  747 words
    • 688 6  -  R SIVANITHY LAST year was unique in the annals of the local stock market because of the frequency with which small, obscure Singapore companies were able to secure large deals in China that came with big profit guarantees. Some of these deals have since
      688 words
    • 348 6  -  VINCENT WEE By SIA Engineering Company (SIAEC) has agreed to extend its maintenance contract with Philippine airline Cebu Pacific to cover an additional 18 Airbus A320/A319 aircraft. The deal is worth $116 million and will extend the current agreement between the two companies
      FILE PHOTO  -  348 words
    • 189 6 TECHNICS Oil Gas said it has boosted its order book with more new contracts. Wholly owned subsidiary Technics Offshore Engineering Pte Ltd has secured a contract worth a total of $22 million for the overall design, procurement, engineering, construction and commissioning (EPCC) of natural gas
      189 words
    • 309 9  -  UMA SHANKARI Their combined value rose 36.8% last year to $1.13b at end-December By ALLCO Commercial Real Estate Investment Trust (Allco Reit) said yesterday that the combined value of three of its property assets has jumped by $120.8 million or 12 per
      309 words
    • 234 9 Reuters [SEOUL] Singapore's Hong Leong Asia Ltd expects its revenues to grow by more than a fifth annually in the next two years, led by its building materials, diesel engines and home appliances, its chief executive officer told Reuters. The holding company,
      ■ Reuters  -  234 words
    • 203 9 Reuters [BANGKOK] Advanced Info Service PCL (AIS), Thailand's top mobile phone operator, yesterday said that it expected more than one million net new subscribers this year despite stiff competition. "Competition should be rising this year," vice-president Vilasinee Puddhikarant told reporters. "Our new subscribers
      Reuters  -  203 words
    • 300 9  -  UMA SHANKARI By ASCENDAS Real Estate Investment Trust (A-Reit) said yesterday its overall portfolio occupancy rate increased to a record 98.7 per cent at end-2007 from 96.1 per cent at end-2006. The occupancy rate for A-Reit's multi-tenanted buildings rose to 97
      FILE PHOTO  -  300 words
    • COMPANY BRIEFS
      • 74 9 OKP Holdings said it has won a tender for the Land Transport Authority (LTA) involving construction of covered linkways, covers for pedestrian overhead bridges and bus shelters. The value ofthe contract is $7,067 million. The project is expected to be completed in July
        74 words
      • 68 9 BBR Holdings said that it has secured a $6 million contract from the Land Transport Authority (LTA) to upgrade vehicular bridges at seven locations in Singapore as part of LTA's ongoing efforts to enhance the load-carrying capacity of its existing bridges. Work is
        68 words
      • 63 9 VITA Holdings said that its chief financial officer and company secretary Kwek Siew Hwee is leaving the company to "pursue other career options" with effect from March 7. A new chief financial officer and company secretary will be appointed in place of Ms Kwek
        63 words
      • 68 9 NTEGRATOR International, a communications network specialist and systems integrator, yesterday announced that it has entered into a memorandum of understanding (MOU) with Surbana Technologies Pte Ltd and Cellular Systems International, a pioneering provider of cellular-based remote monitoring solutions based in Israel, to develop
        68 words
  • Page 5 Advertisements
    • 148 5 5^ Sing Tel Wkt mmt jexotir mumm^H uu£ tint foe imni, in the will. Slue 13tk Jtmntal Wi«, $m& <& Jtrt* <Exp*tiemcc bx* xmv*& 30th January to 3rd February 2008 R^ F f l E S Of course, risking one's life and limb for the better observation of said mammals
      148 words
    • 22 5 Busi nessiQpportu n ity: Anticipating the direction for 2008? Global Business Perceptive Kindly register at wee.marina@gmail.com (Include details: names, designation, company, industry)
      22 words

  • Page 6 Advertisements
    • 3234 6 I I INTHEMATTEROF U T ur IN THE MATTER OFTHE COMPANIES THE COMPANIES ACT, CAP. 50 IN THE MATTER OF THE Aa, CAP. 50 net u/\i niski/*C iMiTEn and companies act, cap. so oec investment pte. Ltd. r9L nULUINUS LIMI I mZU IN THE MATTER OF AND Members volunlary liquidalion)
      3,234 words

  • Page 7 Advertisements
    • 519 7 r^^JJliP SsBBo SSrf^Kp^ Charge Ss6Bo Charge Ss3Bo Redeem Prosperity Yu Sheng Ao^*ll Redeem A Designer Hair Cut Redeem A Set of 4 Porcelain Bowls sffsfin^fcrl for a party of 8-12 at dgß^mfflb^i with Wash and Blow with Sleek Black Wooden Ta n a' Fung. «aff by Spa Scene. Tray at
      519 words

  • SINGAPORE MARKETS
    • 617 8  -  R SIVANITHY STOCKS Senior Correspondent But it almost sinks below 3,000 in volatile session before ending with 2.6% gain A REBOUND in Hong Kong and a rise in the US futures market yesterday gave some relief to a battered local stock market, but not
      Bloomberg  -  617 words
    • 100 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 11 6 1 0 0 0 11 6 1 11 Manufacturing 86 62 65 10 12 17 96 74 82 Commerce 35 23 21 40 30 25 Tpt/Stor/Comms 26 27 Finance 23 24
      100 words
    • 119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 26,896 26,896 169,417 169,417 Manufacturing 664,275 82,232 746,507 661,748 8,729 670,477 Commerce 172,853 3,508 176,361 142,343 701 143,043 3t/Stor/Comms 163,492 1,182 164,674 446,256 395 446,652 Finance 64,175 62 64,237 633,645 633,652 Construction 91,007 21,754 112,761 30,780 2,730 33,510 Properties
      119 words
    • 108 8 lapitaLand 5.760 +0.330 :apitaMall 2.890 -0.010 jtyDev 11.300 +0.100 losco Corp 4.940 +0.260 IBS Grp 19.140 +0.940 :&N 5.500 +0.210 Sent Intl 0.640 +0.015 IK Land 4.730 +0.020 ISH 15.900 +0.400 lardine C&C 20.580 +1.080 leppel Corp 11.540 +0.120 leppel Land 6.280 +0.190 IOL 3.220 +0.310
      108 words
    • Article, Illustration
      886 8  -  UMA SHANKARI Singapore Strategy Citigroup Research, Jan 16 HONG Kong investors less keen on Singapore: HK-based fund managers found Singapore less appealing on the basis that if they were not keen on property, banks and offshore plays, there was not much choice to invest in Singapore. They were
      Bloomberg  -  886 words
    • 528 8  -  LARRY WEE CURRENCIES Senior Correspondent THE US dollar enjoyed a nice respite in overnight trading despite further Wall Street losses, benefiting from a euro sell-off and position adjustments ahead of key US housing data and a speech by Federal Reserve chairman Ben Bernanke. Currency
      Reuters  -  528 words
    • 4 8 DAILY
      4 words
    • 47 8 Jan 17 VALUE CLOSE -1844.00+313.0 BT OB/OS BT CADI -*****.00 +99.0 BT 10-day MA -*****.00-184.00 FTSE ST Mid Cap 800.05+12.45 FTSE ST Small Cap 735.19 +9.26 FTSE ST All Share 812.10+17.96 FTSE ST China 616.41 +17.15 SIMSCI 383.68+11.10 SIMSCI Futures 385.60+11.90 PrimePartnersCI 199.43 +4.97
      47 words
    • 52 8 VOLUME JiutianC 100,757,000 Firstßes 74,705,000 JES 65,886,000 Sunmoon 58,960,000 China Honqxinq 50,016,000 Golden Aqri 49,765,000 Yanqzijianq 45,856,000 Wilmar 38,749,000 SinqTelMBLeCWOBO6O3 38,381,000 SingTel 36,220,000 VALUE(S) SGX 211,230,810 DBS Grp 184,441,853 Wilmar 170,495,430 SingTel 141,180,720 Keppel Corp 137,495,650 UOB 125,603,208 Firstßes 99,734,230 CityDev 92,930,900 Golden Agri 92,763,780 Cosco Corp
      52 words
    • 102 8 CLOSE UP Jardine C&C 2058 108.0 5.5 China H 10US$ 1871 97.3 3.8 DBS Gr| 1914 94.0 5.2 UOB 1792 84.0 4.9 UOBMBLiCW*****0 587 62.0 11.8 JSH 1590 57.3 2.6 SGX 983 51.0 5.5 SIA 200 1598 40.0 2.6 S I A 1592 36.0 2.3 Land 576 33.0 6.1
      102 words
    • 119 8 BY CENTS CLOSE DOWN OUE 1360-140.0 -9.3 GLD 10US$ 8800-128.8 -1.0 Wilmar DBeCW*****4 30.5 -50.0 -62.1 Wilmar DBeCW*****1 75.5 -39.5 -34.3 Wilmar 449 -37.0 -7.6 Korea 10US$ 486 -32.9 -4.5 Wilmar MBLeCW*****6 41 -29.0 -41.4 MOIL 186 -24.3 -8.4 [China 170 -19.0 -10.1 SPC MBL eCW*****5 12 -18.0 -60.0
      119 words
    • 86 8 Wh lere! S$ stands Ian 17 %CHNG CLOSE FRJan 16 YR 2008/07 S$ LOW S$ HIGH uss 1.4331 -0.29 1.5479 1.4257 Euro 2.0948 1.04 2.1639 1.9913 Pounds 2.8234 -0.83 3.1194 2.7885 AS 1.2651 -0.84 1.3555 1.1741 Yen* 1.3311 1.09 1.3821 1.2285 Rupiah* 0.***** -0.07 0.***** 0.***** Baht* 4.3257 -0.29
      86 words

  • Page 9 Advertisements
    • 230 9 In the tranquil waters of Sentosa's south, lies the most desirable address to a lifestyle you've always wanted. A chip shot away from the greens and a stone's throw away from the marina, 124 utterly luxurious units are perched on the edge of pristine cruising grounds. if To add to
      230 words

  • SINGAPORE NEWS
    • 513 10  -  CHUANG PECK MING Real take-home pay increases will be subdued: HR group By INFLATION is likely to take a big bite of that fat pay rise this year. With Singapore workers looking forward to some ofthe biggest pay rises in the developed
      513 words
    • 666 10  -  CHEN HUIFEN HEALTH CARE Current voluntary basis leaves large data gaps, says Khaw Boon Wan Reports by tion later this year. We will require all private hospitals and the doctors accredited there to submit bill size data and the patients'
      666 words
    • 564 10 APART from means-test-ing, the government should look at other ways to control healthcare costs, which rose faster than general consumer prices last year, according to Halimah Yacob, who chairs the Government Parliamentary Committee for Health. In her keynote speech at
      564 words
    • SINGAPORE ROUNDUP
      • 60 10 HDB yesterday launched 1,098 flats in Bedok, Clementi, Queenstown and Jurong West via a balloting exercise. Interested flat buyers can submit their applications online at www.hdb.gov.sg. Alternatively, they can apply at HDB Hub or any of HDB's branch offices. Those interested have up to
        60 words
      • 95 10 THE European Commission and the National Library Board signed an agreement yesterday, appointing the National Library as a host for a European Union Information Centre or EUi. The National Library will be an EU depository library where electronic and hard copies of official
        95 words
    • 465 10  -  RONNIE LIM I By CGGVERITAS, a leading global provider of geophysical services and equipment to the offshore oil/gas industry, has set up a US$55 million regional headquarters in Singapore to service the fast-growing Asia-Pacific. "We chose to open this state-of-the-art HQ in Singapore
      465 words
  • Page 10 Advertisements
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      141 words

  • SINGAPORE 1000/SME 500
    • 1587 11 The annual Singapore 1000 and SME 500 rankings serve as a barometer for the economy DESPITE a year faced with challenging global issues such as rising oil prices, the US sub-prime mortgage crisis, inflationary pressure and currency volatilities, the Singapore economy grew by
      1,587 words
    • 262 11 DP Information Group Table 1: SlOOO sectors by turnover growth Source: JUNbl, US MAY31/06 (S$m) "/oljKOWIH 2006 JUNbl, Ob MAY 31,'07 (S$m) (jKOW 2007 Zonstruction 6,973.2 -7.2 10,547.2 51.3 Zommunication, rransport Storage 108,748.3 6.5 141,007.9 29.7 :inance Hotels/ food establishments 65,220.4 2,478.4 12.6 21.1 81,065.5 3,072.1 24.3
      DP Information Group  -  262 words
    • 263 11 THE Singapore 1000 award (which is into its 21st year) and the Singapore SME 500 award (which is 10 years old) are ranked and published by DP Information Group. Ernst Young is the co-producer. The supporting organisations are IE Singapore, Spring Singapore, Infocomm Development Authority of Singapore
      263 words
    • 637 13 chowpemm niEE looks at how Wing Tai Clothing ensures that it stays on top of its game IN A fast-paced and highly competitive retail market, Wing Tai Clothing part of Wing Tai Retail under Wing Tai Holdings has been able to shine. It keeps
      637 words
    • 731 14 Recruitment agency Jobstreet enjoyed a good year in 2007 amid a tight employment market, chowpeimim nee reports WITH the economy growing strongly last year, recruitment agencies like Jobstreet have seen a surge in business. "We experienced very healthy growth in 2007 with many customers relying on
      FILE PHOTO  -  731 words
    • 1132 14  -  > TAN SIEW MENG By IT'S not just the rules that have changed it's the whole game. Ten years ago, the owner of an SME could look down the road at the competition to see how they were faring. Today, the competition comes from all corners of
      1,132 words
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    • 165 11 wnp m|m_ «n «^h H| :>^#^ HRL I «h HH iflH I^LWK hb I p\jXX~ r —p.A u.. |cii-»ciQQCiQ nftc^n At HSBC Commercial Banking, we value the uniqueness of every business. UN ItMfcM IL UUbll ItJbOtJb UILtJII At the same time, we know that two clearly diverse businesses can have
      165 words

  • Page 12 Advertisements
    • 315 12 INDUSTRY COMPANY Sales/Turnover Excellence (Wholesale) SHELL EASTERN TRADING (PTE) LTD SINGAPORE 1000 Sales/Turnover Excellence (Finance) TOSHIBA CAPITAL (ASIA) LTD SINGAPORE SME 500 Net Profit Excellence Singapore telecommunications ltd jmuHrunc Jivit. juu (Communications/Transport/Storage) INDUSTRY COMPANY INDUSTRY COMPANY Communications/ SINGAPORE AIRLINES LTD Communications/ SINGAPORE AIRLINES LTD Transport/Storage Transport/Storage Finance DBS GROUP HOLDINGS
      315 words

  • Page 13 Advertisements
    • 144 13 Within a short history of 15 years; Luckong jJi^Mi It Bl fflj KM ii I Iflf 1Im*VaV«10 1 T|l Engineering Steel Fabrication has grown U| from a small 10-men local engineering workshop to be among Singapore's Top Bjj 1^ -J "U™ of services performed by our employees. £J I Coupled
      144 words

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  • ECONOMY WATCH
    • 349 15 -AP [WASHINGTON] The US economy has worsened to the point where Congress should pass an economic stimulus bill of up to US$l5O billion, former Treasury secretary Lawrence Summers told lawmakers on Wednesday. Mr Summers, an economics professor at Harvard University, had previously said
      -AP; AFP  -  349 words
    • 615 15 Reuters But rising oil, food prices make taming inflation a challenge [NEW DELHI] A slowdown among developed economies may not have a significant impact on India but pressures from high oil and food prices would make managing inflation a challenge in the coming fiscal year,
      Reuters  -  615 words
    • 533 15 The Washington Post Economists see signs damage is spreading to states; industries now unaffected [WASHINGTON] A wide range of data from the government, private corporations and independent analysts paints a picture of a nation that is already in recession in some states
      The Washington Post  -  533 words
  • Page 15 Advertisements
    • 191 15 I S P R I N I kA I JpP \\*mat^m: IB kill"! Experience a private eden of your very own at Espira Spring I Nestled in a quiet haven at 59 Lorong G Telok Kurau and just <Jurong PA n-island expressway (pie) C~~\ Eunos Kembangan f~} 8 minutes from
      191 words

  • MALAYSIA/INDONESIA
    • 550 16  -  S JAYASANKARAN However, U-Mobile may attract young customers with TV fare, 3G telephony By in Kuala Lumpur WITH three new players entering the fray this year and a fourth waiting in the wings, the competition in Malaysia's telecommunications sector could intensify with
      550 words
    • 140 16 Bloomberg [JAKARTA] PT Bakrie Telecom, the mo-bile-phone operator controlled by the family of Indonesia's welfare minister, plans to raise 3 trillion rupiah (*****.9 million) to expand its network and triple its users. The carrier will offer 1 new share for every 2.2 held
      – Bloomberg  -  140 words
    • 513 16  -  PAULINE NG Proposals approved by regulator last year up nearly 60% By in Kuala Lumpur MALAYSIAN corporations capitalised on a bullish stockmarket last year to raise funds, marking 2007 as "an active year for capital raising". The number of approvals for capital raising proposals
      513 words
    • 513 16 -AFP [KUALA LUMPUR] Malaysia's economic growth is expected to slow to 5.4 per cent this year from 6.1 per cent in 2007, and could drop to as low as 4.0 per cent if the US is hit with a recession, forecasters said
      -AFP; AFP 'S  -  513 words
  • Page 16 Advertisements
    • 259 16 Delight in the Am I joys of winter! Ib M A Tropical living no longer denies the well-informed gastronomist the thrills of a seasonal delicacy. -JXm bl^\ A Savour the distinct culinary delights of Resident Jn „iSBr i>- Chef, Michael Muller's captivating Winter Menu V;P Wttk \I I I atJaan!
      259 words

  • GREATER CHINA
    • 409 17 Bloomberg Chinese regulator considers allowing red chips to list in domestic market [BEIJING] China may allow foreign companies to sell shares on its stock markets this year, the nation's securities regulator said. China will "study and push forward the work to
      Bloomberg  -  409 words
    • 205 17 -Bloomberg [SHANGHAI] Hutchison Telecommunications International Ltd, a mobile-phone carrier controlled by billionaire Li Ka-shing, will post a 2007 loss from continuing operations after writing down the value of its Thailand unit. The Hong Kong-based company will take a charge of HK$3.B5 billion
      -Bloomberg  -  205 words
    • 339 17 Reuters Forbes ranks the 79-year-old No. 1 with his USs32b fortune [HONG KONG] Li Ka-shing rang up 42 per cent more riches last year, making him worth US$32 billion and crowning him king among tycoons in Hong Kong, which boasts more than 40
      ■ Reuters  -  339 words
    • 2292 17 VOL C000) Ian 17 RM ASM Realty 0.84 \bric Bhd 0.26 advance Synergy 0.20 Adventa Bhd 1.41 AeMuIti Hldgs 0.29 Win Holdings 2.65 Ahmad Zaki Resou 1.71 AicCorp 0.70 \irasia Bhd 1.56 Akn Technology 0.61 alliance Financi 3.04 AluminiumCo 1.20 Amalgamated Ind 0.51 Grp ....unch Ammb Hldgs Bhd
      2,292 words
    • 239 17 Reuters [BEIJING] China on Wednesday issued a list of producers of daily necessities that must apply for government permission to raise prices, fleshing out a Cabinet decision last week to begin direct market intervention to curb inflation. Consumer inflation reached an 11-year high
      Reuters  -  239 words
    • 674 17 Reuters More hikes likely as central bank fights inflation: Analysts [SHANGHAI] China's decision to raise bank reserve ratios again right at the start of 2008 signals that Beijing is likely to make more use of quantitative measures than interest rate hikes to fight excessive
      Reuters; AP  -  674 words
  • Page 17 Advertisements
    • 70 17 If you are facing any of the following: Vjjp Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over
      70 words

  • INDIA
    • 477 18 moomoerg Earnings to help Ambani complete the world's biggest refinery complex [MUMBAI] Reliance Industries Ltd, India's biggest privately owned company, said profit excluding an asset sale rose 26 per cent in the third quarter as it earned more from processing
      – moomoerg  -  477 words
    • 864 18  -  ANDY MUKHERJEE Bloomberg By STATE-OWNED investment vehicles in Asia and the Middle East have spent at least US$4O billion in the past couple of months to buy significant stakes in Citigroup Inc, Morgan Stanley, Merrill Lynch Co and ÜBS AG. However, the Indian government
      Bloomberg  -  864 words
    • 465 18 Bloomberg Sceptical analysts cut profit estimates but stay bullish [MUMBAI] Tata Consultancy Services Ltd, India's largest computer-services provider, said that US clients are likely to send more contracts offshore to cut expenses as the world's largest economy falters. "We think we will get
      Bloomberg; REUTERS  -  465 words
  • Page 18 Advertisements
    • 338 18 LUAUKY jfl>^^^^^^^^^^^J J^B^^ffiS^Bßi kV. \t* (Level 5-Peninsula Tower) (Level 4)' Ml \\\m\ \vPvtwCft WfM Peranakan Promo l^elebratethe start of 2008 2MHHH Immerse yourself into a Peranakan lifestyle over a lavish with our Festive Int'l Buffet Lunch and Dinner HMwlNiMWi^P^itriWif^ViiP lunch. A smorgasbord of Nonya favourites from Ayam ...l. jn v,.«:_,.
      338 words

  • MIDDLE EAST
    • 424 19 REUTERS Rising oil output and improving security will boost growth, says report [WASHINGTON] Economic growth in Iraq will accelerate this year to the fastest pace since 2004 as security improves and crude oil output climbs, the International Monetary Fund predicted.
      REUTERS  -  424 words
    • 416 19 Bloomberg, AFP Cartel should not accede to US request: Iran [TEHERAN] The Organisation of Petroleum Exporting Countries (Opec) should not respond to a request by the US president to raise oil output at its next meeting as oil markets remain adequately supplied, the
      Bloomberg, AFP  -  416 words
    • 7743 19 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.939/ Star Europe Bond 1.222/ Star Europe Bal 1.204/ Star Asian Tiger Eqty 1.511/ Star Asia Bond 1.238/ Star Asia Balanced 1.018/ Star Global Technology Fund!" 0.205/ Multi St Fd 0.917/ Star Asia Bond(USD) 0.865/ Gib Multi St USD
      7,743 words
  • Page 19 Advertisements
    • 60 19 ™E EXPERTISE OF MAN^ THE STRENGTH OF ONE fflffiz'/s'','-'•'X^r'{- '■!■-?/■■£'''&&?.•''■'''£o'l<~' "/-"?^^^^^^^^^^S^™Bi At tne core our business are multiple world-class investment management 1* Jf 1 '^£&V» ■yt'l'-:'::'■/;&:'■ ','''v''^^^.^''--"-^^^^;^^^^ j BBBk groups Franklin, Templeton and Mutual Series each operating autonomously =^33L. "X2&^» >*,*<^:|^l"^'-r^''- ::{^^^/--''?i^^S^^^^^^^HHk and offering our clients their unique perspectives. FRANKLIN
      60 words

  • Page 20 Advertisements
    • 247 20 I Vorsprung durch Technik I I I I I The new Audi AB. i For those who have arrived. But never stopped. BWHT^^^ \^W =n2^^fl I PrW E r^' HaY MfeWmMJEiifc'^d?e<(ltiia^%a^B^. .C- I HEh^ BIHBIBIBiWBWMiMnii^iMi -^rl P^fl RA Wmk I EH& J| '*..4.-~-v" T W^.^ VJH L^v.^H I Ife--. '■":;ii
      247 words

  • ASIA-PACIFIC/WORLD
    • 428 21 Reuters [ZURICH] Credit Suisse Group yesterday bucked a financial sector trend, announcing a worldwide expansion plan for its flagship private banking arm. In sharp contrast to layoffs elsewhere in a financial sector hard-hit by the credit crisis, Credit Suisse said the division was "well-posi-tioned
      Reuters; AFP  -  428 words
    • 247 21 ■IHT [BERLIN] One ofthe biggest sellers of open-source software in the United States, Sun Microsystems, said on Wednesday that it would spend US$l billion to buy Swedish company MySQL, the world leader in open-source database software used by Internet powers like Google,
      ■IHT  -  247 words
    • 419 21 Bloomberg LATEST US DATA Building permits post biggest fall in 12 years as housing slump deepens [WASHINGTON] Builders in the US broke ground in December on fewer houses than forecast, making 2007's decline in homebuilding the worst in almost three decades. The 14 per
      Bloomberg  -  419 words
    • 386 21 Reuters They gain stature and clients with very little CDO exposure [ZURICH] Geneva's venerable private banks have shielded their clients well from the credit crisis, bankers said, and their image as staid guardians of wealth was luring extra business in unruly financial
      – Reuters  -  386 words
    • 478 21 Reuters [TOKYO] Japan's ruling party is facing the worst crisis in its 50-year history, a day before a new session of Parliament was to set the stage for a battle with the powerful opposition over fuel taxes. The main opposition Democratic Party wants
      ■ Reuters  -  478 words
  • Page 21 Advertisements
    • 120 21 m INVESTOR BEHAVIOR <J|H| AND MARKET Vv- Behavioral Finance Seminar m jrr *§r^yyj} Speaker: 4^!*ftf4L^ Dr. Mickael Mangot Awarded 2006 Turgot Prize for the best book in Financial Economics Major insights from behavioral finance and their practical applications will kl ujl deal with your clients' viewpoint j-ffl jt^3 understand the
      120 words

  • WORLD
    • 856 22 ■NYT US banks seek foreign govt, other funds, but for how long will they be obliged? [NEW YORK] First hard-pressed Wall Street banks turned to rich foreign governments for help. Now, they are seeking aid from the likes of New Jersey and
      ■NYT  -  856 words
    • 373 22 -AP Deutsche Bank takes action on Las Vegas casino as loan goes into default [LAS VEGAS] Nevada's foreclosure crisis claimed a high-profile victim, as investment bank Deutsche Bank took the first step towards foreclosing on the US$3 billion Cosmopolitan Resort Casino project. Developer and owner
      -AP  -  373 words
    • 250 22 Reuters [SINGAPORE] Dubai government investment agency Istithmar is mulling investments in China, the Wall Street Journal quoted its chief executive as saying yesterday. Istithmar comes under the umbrella of the state-owned Dubai World, which also includes DP World, a container port handler
      – Reuters  -  250 words
    • 53 22 AFP [NEW YORK] Artistic pavements like this one are a common sight these days at construction sites in the vicinity of Ground Zero in New York. Many building sites near the World Trade Center have adorned their protection fences in original manners to make pedestrian sidewalks more pleasant
      AFP  -  53 words
    • 238 22 Reuters [WASHINGTON] The United States may regret allowing major Wall Street banks to sell sizeable ownership stakes to foreigners, warned 13-term lawmaker and Ohio Democratic Representative Marcy Kaptur. The free trade sceptic and senior female Democrat in the House of
      Reuters  -  238 words
    • 400 22 ~J Reuters Move comes as Ambac records a USs3.sb write-down [HONG KONG] Moody's Investors Service yesterday placed Ambac Financial, which insures more than US$5OO billion in bonds, on review for a possible ratings cut, an event that could trigger similar downgrades on billions
      ~ ~J ■ Reuters  -  400 words
    • 447 22 Bloomberg [NEW YORK] Corporate earnings worldwide will probably miss analysts' estimates in the next 12 months as a US economic slowdown weighs on global growth, a Merrill Lynch Co survey of money managers showed. About 77 per cent ofthe 195
      – Bloomberg  -  447 words

  • AVIATION
    • 914 23  -  YEN SREENIVASAN COMMENTARY FROM Feb 1, the three budget airlines of Singapore and Malaysia will be allowed to operate a total of four services a day between Kuala Lumpur and Singapore. The 350 km route has until now been the almost exclusive
      914 words
    • 628 23 [TOULOUSE] Airbus said on Wednesday that it expects to begin discussions with European governments in the second half of 2008 about providing some of the initial financing for its new widebody A350-XWB jet, a move that risks heightening trade tensions with the United States
      AP  -  628 words
    • 196 23  -  > VINCENT WEE By TIGER Airways has appointed Cecilia Lim as its new general counsel. She will provide legal support for the Tiger group as it embarks on its plans for continued regional expansion and growth, the budget airline announced yesterday. Ms Lim will
      196 words
    • 309 23 ■aioomo- It may hit 3-month low should airline raise cash by share sale [TOKYO] The perceived risk of Japan Airlines Corp (JAL) defaulting on its debt will probably fall to the lowest in more than three months should Asia's most indebted carrier raise
      ■aioomo-  -  309 words
    • 2439 23 :ity FLIGHT ETA FLIGHT ETD kbu Dhabi SQ455 1225 SQ456 1300 EY473 195C Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 9W4081 1830 BA7382 2215 AF8087 1830 QF82 2215 BA7381 1830 LH9770 235C QF81 1830 SQ269 2350 khmedabad SQ53O 1900 Amsterdam LO4031 0625 KL167 1600
      2,439 words

  • SHIPPING
    • 623 24  -  SELVA KUMAR ADMIRALTY CASEBOOK By THE Madras High Court last month not only had a decision on a cargo claim overturned by the Supreme Court of India but also came under fire from the Supreme Court for not providing reasons for its decisions. The
      623 words
    • TRANSPORT STOCKS
      • 130 24 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.61 0.34 4
        130 words
      • 44 24 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1 04 9 65 9 70 4 08 3 08 0 23 018 -0.03 unch unch -0.08 -0.04 0.01 -0.01 629 531 1598 4742 246 20 140
        44 words
      • 12 24 '00 ■recious Ship Jegional Cont 23.60 27.00 0.80 unch 841 827
        12 words
      • 6 24 '000 toil 47.50 2.55 150!
        6 words
      • 21 24 '000 Aboitiz Equity ntl Container Keppel Marine Keppel Prop 6.70 40.50 2.46 1.70 -0.10 unch 0.16 -0.10 2471 1201 140)
        21 words
      • 23 24 Evergreen Marine ....28.40 :irst Steamship 67.50 /Van Hai Lines 26.80 rang Ming Marine ..22.75 -1.30 -4.10 -1.80 -0.45 52 6 21 15
        23 words
      • 40 24 Reuters '000 Source: 'en Kawasaki Hvylnd ..261.00 10.00 ***** Kawasaki Kisen 963.00 46.00 ***** Mitsubishi Hvy 410.00 20.00 ***** Mitsui Eng&Sbldg ..336.00 15.00 ***** MitsuiOsk Lines ...1187.00 38.00 ***** Nippon Express 563.00 -2.00 6036 Nippon Yusen 790.00 21.00 *****
        : Reuters  -  40 words
    • 599 24 -IHT Decision recognises existence of ecological damage [PARIS] In a ruling that could set a new precedent for responsibility in maritime pollution, a French court on Wednesday ruled that Total SA was partly liable for a vast tanker spill in 1999 that
      -IHT |  -  599 words
    • 449 24 Reuters [HOUSTON] Activity is picking up in the moribund market for shallow-water oil and natural gas rigs in the US Gulf of Mexico, helped by seasonal demand and higher gas prices, but full recovery is not expected until later in the year,
      Reuters; BLOOMBERG  -  449 words
  • Page 24 Advertisements
    • 146 24 —fIL T I PPfl I ass Lianhe Zaobao V^^___^B nj^p^^nn n a« A BRAND NEW YEAR, I DO UIN A BRAND IMEU I|SSfIHBB3 m A K.^l IlkS^^.m^ \^JlM^* «H\llLf one of four copies of I I II I I T m II I r-^T^l^m* V^% Acronis True Image 11 l
      146 words

  • EDITORIAL & OPINION
    • 522 25 FUND managers are an innovative lot. Just when one might think that one has seen it all in terms of the types and permutations of mutual funds, enter a fresh breed of funds that purports to deliver more than just a straight exposure to
      522 words
    • 1384 25  -  JAMES CLEMENCE JAMES COLEMAN Staff recruitment and retention should be top priorities for HR directors and CEOs By and INGAPORE remains incredibly effective in attracting foreign talent to its shores. But is it doing enough to keep them here in the long term? The
      ST FILE PHOTO  -  1,384 words
    • 800 25  -  LEON HADAR THE BOTTOM LINE POLITICAL and economic analysts are continuing to debate whether the American economy is heading towards a full-blown recession. But they all would agree that Michigan the state in which Mitt Romney, the son of the late
      800 words
    • 1053 26  -  MICHAEL LEWIS he Wall Street firm more than offset the long positions in sub-prime held throughout the rest of the company By IN RETROSPECT, the most intriguing sub-plot in the collapse of the sub-prime mortgage market has been not the size of the
      REUTERS  -  1,053 words
    • 822 26  -  MICHAEL RICHARDSON The National Energy Board predicts that increasing production of oil from oil sands would make Canada the fourth-biggest oil producer in 2015 By THE world may be running out of conventional oil, which for more than a century has
      822 words
    • 625 26 LETTERS TO THE EDITOR WE refer to the letter "F&N should strive for better corporate governance" (BT, Jan 15). We would like to address the matters raised by Mak Yuen Teen. 1. On Dec 8, 2006, the company made an announcement on the "subscription by
      625 words
    • 160 26 BT has run long articles justifying the US$6.BB billion investment by GIC into Citigroup. I find it unusual that there have been no letters published in BT querying the deal. As a very concerned retired Singaporean I can do no better than hope that
      160 words


  • SINGAPORE STOCKS
    • 8637 27 Transaction date: Jan 17 52-wks Tel |h Low Code Last Sale Vol ('000) Hit Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil Hii Com[ 5716 1st Software 11 8.5 3148 STelecom 32 12 5834 A-Sonic 107 98 6389 ABF SG Bond ETF
      8,637 words
    • 83 27 52-Wk Tel High Low Code Last Sale ±t_ Vol COOP] Day ih Low Last Quote Buyer Seller Div GrVkl Net MCap C'vr P/E $mil Comi JiL 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P500
      83 words
    • 2110 27 Hii Low Code Comi Sale Cooo) Hii Low Bui Seller C'vr P/E Slllli 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3.5 1501 s Advanced System 70.5 15 1524 s Alantac 22.5 8.5 7814 s Albedo 46.5 28 5021
      2,110 words
    • 184 27 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
      184 words
  • Page 27 Advertisements
    • 19 27 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com jgg^^^m WfizSjSlSl
      19 words

  • FINANCE & COMMODITIES
    • 373 28 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 16 World Index Preliminary 1043.3 -1.3 -5.2 -1.4 -7.6 -1.6 -1.0 EAFE Preliminary 1018.3 -1.9 -8.1 -2.4 -7.0 -2.6 -0.3 Euri Preliminary 1413.8 -1.2
      373 words
    • 126 28 As at 9am Jan 17 of foreign currency: Currencies Bid Offer Aust dollar 1.2520 1.2680 Can dollar 1.3880 1.4040 Euro 2.0860 2.1100 NZ dollar 1.0890 1.1130 jterlin mnd 2.7880 2.8201 US dollar 1.4210 1.4370 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
      126 words
    • 163 28 Jan 17 *i Offer Bid Overnight 1 5/16 1-month 1 1/2 2-months 1 9/16 3-months 1 3/4 Overnight mode: 1.28 US$ Offer 1 3/16 1 3/8 1 7/16 1 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.28 3.95
      163 words
    • 22 28 Jan 17 STI SIMSCI Jan 378 385.9 385.6 Taiwan Jan 319 320.7 313 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 28 Jan 17 Bid Offer 1-month 1.4280 1.4291 2-months 1.4255 1.4267 3-months 1.4231 1.4243 6-months 1.4170 1.4184 Source: OCBC
      21 words
    • 156 28 Jan 17 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2648 1.2659 0.8837 0.8839 Canadian dollar 1.4017 1.4030 0.9793 0.9796 Euro 2.0966 2.0983 1.4648 1.4651 NZ dollar 1.1073 1.1094 0.7736 0.7746 jterlim md 2.8109 2.8134 1.9639 1.9644
      156 words
    • 359 28 Jan 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 96.420 96.900 97.100 97.175 0 0 0 0 ***** ***** 9839 5865 EUROYEN FUTURES MarO8 99.220 99.220 JunO8 99.365 99.375 SepO8 99.385 99.400 DecO8 99.375 99.375 MarO9 99.325 99.340B JunO9 SepO9 DecO9 99.210
      359 words
    • 285 28 Jan 17 RSS 1 (S cents/kg) Month Hii Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 380.25 382.50 384.75 386.25 386.25 387.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest Feb 08
      285 words
    • 104 28 Jan 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar08 1277.00 1301.50 1281.00 1252.00 May 08 1296.50 1319.75 1298.00 1271.00 Jul 08 1314.25 1337.25 1315.50 1289.00 Aug 08 1304.00 1329.00 1308.50 1297.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 52.73 53.31 52.80 51.86
      104 words
    • 76 28 CRUDE OIL PRODUCTS Jan 16 CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 88.7 -2.32 WTI (Near Mth) 90.80 -0.94 Dubai (1-Mth F) 85.33 -2.16 Tapis blend 95.1 -2.55 Minas 93.45 -2.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 91.90 104.65 -2.60 -2.25 US$/barrel Opec Oil
      76 words
    • 469 28 Jan 17 AS_ CS_ Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso 51 Rand Sfr NTS Baht Pound US! Australia 0.902 6.408 0.603 6.897 34.707 83.466 0.950 8.357 2.892 1.142 55.021 36.108 1.265 6.120 0.974 28.526 29.294 0.450 0.884 Canada 1.108 7.102
      469 words
    • 88 28 Jan 17 Period Issue code Maturity Yesterday's Bid Hie Day's h Low 3-Month BQ*****F 17.04.08 1-Year BY*****A 29.09.08 1.51 1.59 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's gh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 109.52 NY*****F 3.750 15-Year NY*****X
      88 words
    • 73 28 Jan 17 (US$) (SS) 3.***** 1.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 2.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.*****
      73 words
    • 66 28 Jan 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hie Vol Open Done Position Low Jan 08 3321 3389 3389 3290 381 2428 Feb OS 3260 3366 3380 3260 3980 ***** Mar 08 3265 3360 3376 3265 ***** ***** Apr 08 3283 3350
      66 words
    • 134 28 Jan 17 Hong Kong London 885.50 881.30 886.50 882.30 Jan 15 Jan 16 909.40 874.20 910.10 874.90 Source: Reuters CAST BAR (SS) Jan 17 Buying Sellini Kilobar "43,469.82" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 97.37
      134 words
    • 68 28 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2421.20 2437.00 3 months 2469.00 2485.00 Copper, Grade A (USS/tonne) Cash 3 months 6989.00 7000.00 7145.50 7160.00 Lead (USS/tonne) Cash 2599.00 3 months 2609.00 2643.00 2654.50 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
      68 words
    • 77 28 Jan 16 COCOA (Btonne) Close Prev Hit h/Low MarO8 1125 1132 1133/1111 MayO8 1144 1151 1152/1130 JulO8 1172 1178 1180/1160 SepO8 1157 1164 1165/1144 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1967 1978 1973/1960 Mar 08 1997 2001 2008/1987 May 08 2022 2027 2035/2011 JulO8 2042 2045 2050/2030 SUGAR
      77 words
    • 2674 28 BONDS WARRANTS 3676 STI 3100 BNP ECW*****0 5 2 2700 0.0 0 0 rel lode Company [el Last Vol Conv Exer lode Company Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left 3708 First Resources MER ECW*****8 ..18.5 9711 Gen Int RBeCW*****0 0.5 1 ***** -1 450 0.5 130
      2,674 words

  • Page 29 Advertisements
    • 2798 29 m The Business Times Shipping Times M W^ MP! SIuS *****1 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R aat^^m W*H \\%M T^WS^r^aWKmJ mmm TEL *****588 (14 LINES) FAX: *****163 1 V A^ !^^TlT7^^^^iß ■gßftfiiafi tjUSSgg&E \\\M 1 IAIIIM HAI lIMpX G»toiaer Service/Bookings Direct Line (1800)*****200 _^^^_^^^J K^l|^Z^2^^Ll WWBBBBBBBHWIWBB V 1» I
      2,798 words

  • Page 30 Advertisements
    • 3077 30 in^33 Letf \WW\ EASTERN CAR LINER, LTD W^J^U n GIST./y> l» iSt-A II 11 •41llllP*< uL™L_i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS XtoT^™^TjSto smm nV^WBWIr! jjjjJL^lll"'ll aafafliafl fe^^ MERLION ACE 46 30 12/02 13/02 RAJIV GANDHI I OI2IW 129 JAN I 30JAN 102 FEB 106 FEE 110 FEB
      3,077 words

  • Page 31 Advertisements
    • 5460 31 ■si n n n ci n ipg andersen j ••^jsesi bub* smupi ■S.^T'JBBWWWwJWBJWWWWBBMM HII I t shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 fa&%Lik%&J^% Wv^sQ NUKIH Wbol CArKbob LINe r owns operates the youngest fleet MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES mm
      5,460 words

  • NIGHT OUT/WINE
    • 867 32 The grande dame of social networking websites gives Facebook a run for its money with new features for events and entertainment, reports CHRISTOPHER LIM IF you're over 30, Eng-lish-speaking and member of a social networking website, you're likely on Facebook, and if you were
      867 words
    • 948 32  -  N KYONG By I WAS asked early this week by the general manager of a luxury hotel here what my view was regarding wine prices in luxury hotels and fine dining restaurants. Those of us who are familiar enough with this subject know that
      948 words
    • 666 32  -  CHRISTOPHER LIM By A NEW year means new parties, and while clubs don't have the entire year's roster set in stone yet, some of them shared their predictions with BT on party trends for 2008 while commenting on the past year. "The cost
      666 words
  • Page 32 Miscellaneous
    • 350 32 CRYPTIC CROSSWORD H [2 I p I |4 I J5 I [6 I p 18 M9l |M2O piT ZIZI^IZBZIZiZiZ ACROSS 6 Trouser material all right in 1 Where it's about 66 de- the wind (7) grees? It gets much colder 7 Dec's binges get fresh there! (6,6) food 4/8 9
      350 words

  • Page 33 Advertisements
    • 151 33 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■^••I'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      151 words



  • Page 36 Advertisements
    • 28 36 FIRST STEPS st NEW ART FROM KOREA r^^\.g i^i^HHMBMfIMVV S>3i A|9A| Please for dime' Jmm\\\w M? sis ami? OPENING RECEPTION BjS UtiUSjlfßE OQ| EXHIBITION DATES ART SEASONS i^g
      28 words

  • executive lifestyle
    • 573 37 PSST. Excuse me, but are you of a certain vintage? You know, the category of people who will be 65 or over in 2030, or already in the group that MM Lee was referring to when he said that retirement means death?
      573 words
    • 69 37 More youngsters than ever before are making movies in Singapore. Among the pool of some 200 young filmmakers, several have signed on for the long haul, like Kan Lume who dramatically tattooed 'filmmaker' into his flesh four years ago as a visible sign of his commitment. Do
      JOHN HENG I  -  69 words
    • CLIPPER ROUND THE WORLD RACE
      • 960 33 With 12 new crew on board, it overcomes strong winds to haul itself up by one placing on the home leg, reports VINCENT WEE THE seventh place that the Uniquely Singapore Clipper took in Race 5 of the Clipper 07/08 Round the World Yacht Race
        960 words
      • 614 33  -  VINCENT WEE By HIZAM Haiyon is a disappointed man. After scoring the opportunity of a lifetime with a chance to sail around the world on the Uniquely Singapore Clipper, the assistant section manager at Keppel Fels had to pull out just short of
        614 words
      • 447 33  -  VINCENT WEE CHILLI sauce is the glue that binds Asean together. Judging by the experiences of the crew, this humble condiment is definitely the unifying force for the people of the region. "There were all kinds of chilli onboard and the minute it's
        447 words
    • ENTERTAINMENT
      • 618 34 CINEMA 3.10 to Yuma has a proper balance between dialogue and action, says GEOFFREY EU FOR struggling rancher Dan Evans (Christian Bale), the 3.10 to Yuma (who knew they had such precise departure times in the Wild West?) from the town of Contention is
        618 words
      • 490 34  -  GEOFFREY EU By CLOVERFIELD an ef-fects-laden disaster movie shot entirely from the point of view of a character in the film with a single, shaky, hand-held video camera has its creative moments as well as a certain novelty value. After all, it's been a while
        490 words
      • 377 34  -  PARVATHI NAYAR DVD REVIEW By THERE are many wee kids featured in Little Children, but don't be fooled by the title: the movie's chosen playfield is adult anomie and its ripple effects. Directed by Todd Field, and based on Tom Perrotta's best-selling 2004 novel,
        377 words
      • 485 34  -  CHRISTOPHER LIM By A CRAZED vigilante shepherding a flock of twisted souls, misunderstood and unappreciated. No, this isn't the prelude to a post-apocalyptic fantasy flick. It's actually Richard Gere's latest movie about sex crimes, and he turns in a gritty performance. The Flock is also
        485 words
      • 536 34  -  CHRISTOPHER LIM CD REVIEW Live At The Living Room Shawn Kelley Trio Jazznote Records Rating: AOne Man Band James Taylor Hear Music Rating: B East Of Angel Town Peter Cincotti Warner Rating: C+ By IT'S always intriguing to see people choose
        536 words
    • ARTS/MUSIC
      • 816 35 CHINA had ensnared me. I fell for it like a teenage girl falls for an older man," writes Indi-an-born author and former journalist Mishi Saran in her book Phasing the Monk's Shadow: A Journey in the Footsteps ofXuan:ang. Being caught between the
        JOHN HENG  -  816 words
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      • Article, Illustration
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    • COVER STORY
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