The Business Times, 30 January 2008

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Total Pages: 51
1 51 The Business Times
  • 23 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Wednesday, January 30,2008
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  • 847 1  -  GENEVIEVE CUA nvestment bankers stay bullish on 2008; reverse akeovers, convertible debt may become popular 3y SINGAPORE] Hot on the lieels of a bumper year for initial public offers (IPOs) md other forms of corporate finance activity, investment bankers are optimistic on the
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  • MARKETS DIGEST
    • 48 1 uesi lay lange ICOMP 1,388.50 +7.96 IIKKEI 225 13,478.86 +390.95 IANG SENG 24,291.80 +238.19 ;et index 754.87 +10.51 JAKARTA COM P 2,607.84 +25.79 1ANILACOMP 3,224.24 +20.68 iEOULCOMP 1,637.91 +10.72 iHENZHEN B 627.37 +1.78 IUMBAI IND 18,091.94 -60.84 11AM EDT Change 12,436.57 +52.68 )OW IAS DAI 2,346.55 -3.36
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    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.00 INDONESIA 15.496 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 6.50 CANADA 5.75 SWITZERLAND 4.14 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • 37 1 IS$ !S$ us$: 1.419 (US$/S$ )er 1.987 2.819 ;URO(US$/S$/E) 1.476 2.094 'EN 106.70 75.20 3.236 2.281 IK$ 7.804 5.501 IAHT 33.05 23.29 lUPIAH 9,319 6,568 1ENMINBI 7.195 5.071 INDIAN RUPEE 39.39 27.76 1.125 0.793 1.286 0.906
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  • 680 1  -  VIKRAM KHAN NA Unusual situation in US and Europe prompted ÜBS, Citi deals, he explains By [SINGAPORE] Even after taking significant stakes in ÜBS and Citigroup, the Government of Singapore Investment Corporation (GIC) could still invest in another distressed
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 50 1 STATE OF I COMMENTARY I PROPERTY I EXEC MONEY h| THE UNION ADDRESS Straits Trading: i| -AAMM Launch of Marina Bay CPF:s6bmade US economy feces uncertainty, Bidding war will be test *\:Jf*: <iP«W Suites postponed in paper profit Bush page 12 for OCBC page 4 s^lfatea!**- page 3 page 32
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  • TOP STORIES
    • 428 2  -  CHOW PENN NEE It's taking advantage of current market conditions By [SINGAPORE] Temasek Holdings continues to capitalise on market volatility and invest in banks. It has upped its stake in Standard Chartered to more than 19 per cent, saying that it sees value in
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    • 798 2 LAT-WP, Bloomberg Another cut could see real interest rates sliding into negative territory [WASHINGTON] Has the Federal Reserve painted itself into a corner? That's one question on investors' minds as central bank officials began a two-day meeting yesterday to consider a further
      LAT-WP,; Bloomberg; REUTERS  -  798 words
    • THREE-MINUTE DIGEST
      • 74 2 THE launch of Marina Bay Suites, being developed by Keppel Land, Cheung Kong Holdings/Hutchinson Whampoa and Hongkong Land, has been postponed, with "market conditions" cited as the cause by Keppel Land group CEO Kevin Wong. The news comes as a surprise as the consortium
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      • 49 2 SINGAPORE'S sovereign wealth funds have been the most active globally not only in the last two months but in five of the last six years if investment by majority-owned subsidiaries is included, figures provided by Thomson Financial show. COMPANY NEWS, PAGE 4
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      • 62 2 KEPPEL Land's turnover crossed the billion-dollar mark in 2007 to hit a record $1.4 billion, a rise of 48.5 per cent from the previous year's $948 million. The 12-month period ended Dec 31, 2007, saw profit after tax and minority interests more than trebled
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      • 63 2 POWERSERAYA is interested in building large-scale desalination plants if Singapore opens up the water market. "If the PUB decides to open up the water market we would be interested in expanding our capability," managing director Neil McGregor said at the opening of its
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      • 61 2 MALAYSIA'S central bank yesterday kept its benchmark interest rate unchanged for a 14th straight meeting, refraining from a rate cut as inflation accelerates. Bank Negara held its overnight policy rate at 3.5 per cent. "In the near term, the risks to
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      • 71 2 CHINA'S brokerages will be allowed to manage assets for individual clients for the first time, making securities firms less reliant on trading income in a stock market that has dropped 19 per cent from its October record. The changes mean that brokerages
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      • 68 2 ORDERS for US durable goods rose more than forecast in December, indicating business investment is holding up even as other parts of the economy weaken. The 5.2 per cent increase in appetite for computers, aircraft and other items made to
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      • 70 2 FOR all the advances in automotive technology, there will never be a driverless car at least not in the next 20 or 30 years, according to a Mercedes-Benz safety expert. It is not because hardware is an issue "the technology was available
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    • 538 3  -  ARTHUR SIM KepLand targets after Chinese New Year, but within first quarter By SINGAPORE] The launch jf Marina Bay Suites has been postponed, with "market conditions" cited as the cause by Keppel Land ?roup chief executive Kevin Wong. The news comes as a
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    • 490 3  -  CHEN HUIFEN But more benefits will mean higher premiums 3y SINGAPORE] The co-pay-ment component under the national health insurance VlediShield scheme could ?o down to 20 per cent of the hospital bill size before the end of this year, if Health Minister Khaw Boon Wan
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  • Page 2 Advertisements
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      129 words
    • 155 2 I 'X^i'J JL^^B 111 m *j 1H PJ I ??»<P/w. "ThaWoridTopMThaßooFl 'gO--mmmmm |V m Highly symbolic value that All Dzi stones possess the Mystic Power of bringing Luck, Wealth Peace. My Dzi Stones are 100%"Authentical. *_s mmr-TTT: rrnnrrr^^ ■■•Mm 44mmm%*> 9mtmaMj^iaSJmiXUJul9l9m\ ir^o' SNIFF OUT •tofesfco/fecnofi/Exlremerypredous&rare t-^ -r-i a -r r-»
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  • Page 3 Advertisements
    • 56 3 Bj^^ Ame wMf W/Am LA? m W^a\ 1 i-mw m am.' v* .^flfl Eaafll Ay #fl] KU. V BY B Bl B> #fl B\^ »w I y fl mt m\ I bW*^ r^ t ofl Jj P*^^flfl BflP fl^flflflflTjF V^PPPPPPPPPPPPmI flfl fll u% m P7 I J El P sJ
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  • COMPANY NEWS
    • 708 4  -  MATTHEW PHAN Thomson's data shows Republic's dominance in five of past six years By SINGAPORE'S sovereign wealth funds (SWFs) have been the most active globally in five of the last six years if investment by majori-ty-owned subsidiaries is included, figures provided by Thomson Financial show.
      708 words
    • 845 4  -  MICHELLE QUAH THE illustrious Tan and Lee families are the ones holding court in the current bidding war over The Straits Trading Company. But it is a seemingly silent player in the entire saga that may well hold the key to
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  • Page 4 Advertisements
    • 1018 4 Wee Hur Holdings Ltd. [Incorporated in the Republic of Singapore on 29 December 2006) (Company Registration No.: *****951 OK) Invitation in respect of 83,649,000 Invitation Shares comprising 78,909,000 New Shares and 4,740,000 Vendor Shares as follows:--(a) 2,091,000 Offer Shares at $0.25 each by way of public offer; and (b) 81,558,000
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    • 94 4 This announcement appears as a matter of record only January 2008 Wee Hur Holdings Ltd. (Incorporated in the Republic of Singapore on 29 December 2006) (Company Registration No.: *****951 OK) Invitation in respect of 83,649,000 Invitation Shares comprising 78,909,000 New Shares and 4,740,000 Vendor Shares as follows: (a) 2,091,000 Offer
      94 words

  • Page 5 Advertisements
    • 44 5 Kris Flyer sh3sksss PPS Club &> Valid Thru Member Since 09/07 05 S WILLI AM LEE JHII *****2196 @AMEX Valid Thru Member Since wm\mm\ sinGAPORE I^n i cU i yCD YL ffif^^Nl AiRLinES I\i\lJ>rLl tl\^r* "Conditions apply. I 'Available for Singapore-based PPS Club members only.
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  • SINGAPORE MARKETS
    • 702 6  -  LARRY WEE CURRENCIES Asian currencies still offer the more obvious upside potential THE financial markets have learned, or re-learned, a few important lessons during the past fortnight's wild ride in both the equity and currency markets which saw major stock indices around the
      702 words
    • 228 6 Changes over the past week YtAKIODAIt JAN 29'08 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 106.67 -0.81 124.16 104.95* SGD 1.4200 -0.64 1.5479 1.4180* IDR 9320 -1.22 9500** 8650 THB 33.04 -0.27 36.72 33.13 CNY 7.1945 -0.66 7.8150 7.1930* MYR 3.2375 -0.60 3.5250 3.2300* CURRENCY vsUSS
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    • 95 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 8 2 0 0 0 lanufacturini 66 56 56 10 18 76 63 74 Commerce 24 23 18 28 29 26 "pt/Stor/Comms 17 16 20 16 :inance 17 17 Construction 12 'roperties 14 24 14
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    • 118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 16.475 16.475 95.273 95.273 lanufacturing 211.075 65.741 276.816 229.641 5.983 235.624 lommerce 84.793 2.445 87.238 51.413 465 51.878 "pt/Stor/Comms 67.167 289 67.456 200.142 89 200.231 :i nance 34.194 34.194 360.512 360.512 lonstruction 51.440 95.183 146.623 16.881 3.892 20.773 'roperties
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    • 100 6 la pita Land 6.150 -0.100 :a pita Mall 2.880 -0.070 jtyDev 11.940 -0.260 losco Corp 4.690 +0.050 IBS Grp 18.060 :&N 4.790 Sent Intl 0.625 +0.010 IK Land 4.740 +0.180 ISH 14.400 +0.040 lardine C&C 20.040 1.180 leppel Corp 11.520 -0.040 leppelLand 6.450 +0.020 IOL 3.270
      100 words
    • Article, Illustration
      769 6  -  MATTHEW PHAN SATS Jan 29 close: 552.39 Citigroup Research, Jan 28 WE HAVE trimmed our FYOB-10 earnings estimates by about 9 per cent and target price to $3.05 (from $3.59) mainly to factor in slower traffic growth, wage inflation and higher costs from operating out of Changi Airport
      Bloomberg  -  769 words
    • 503 6  -  R SIVANITHY STOCKS AFTER a volatile start, activity in the local stock market yesterday slowed to a crawl ahead of today's Federal Open Market Committee meeting at which a US interest rate cut is widely expected though possibly also already discounted. With momentum
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    • 4 6 DAILY
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    • 50 6 CLOSE -884.00 +329.0 BT OB/OS BT CADI -*****.00 +16.0 BT 10-day MA -*****.00 -89.00 FTSE ST Mid Cap 771.73 +4.45 FTSE ST Small Cap 675.21 +0.62 FTSE ST All Share 782.05 +2.51 FTSE ST China 569.04 +1.27 SIMSCI 372.56 +0.33 SIMSCI Futures 372.50 +0.60 PrimePartnersCI 185.98 +0.79
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    • 61 6 VOLUME Sapphire 73,167,000 Ban Joo 33,035,000 Jade Tech 31,598,000 CapitalandDßeCWoBo72l 24,730,000 Sing Tel 22,560,000 DBS MBL eCWOBO6O3 20,722,000 STI 3100SGAePW*****8 20,689,000 Yanqzijianq 20,552,000 China Honqxinq 19,069,000 LantroVis 18,377,000 VALUE(S) DBS Grp 161,305,040 UOB 91,330,853 Sing Tel 83,261,440 Keppel Corp 65,732,080 SGX 63,121,240 Capita Land 62,319,380 OCBC Bk
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    • 111 6 BY CENTS CLOSE UP 1500 140.0 10.3 OUE Jardine C&C 2004 118.0 6.3 China H 10US! 1743 83.7 3. GLD 10US$ 9200 70.9 0.5 Robinson 680 36.0 5.6 OCBC Bk4.5%NCPS 100 ***** 30.0 0.3 Stra itsAsM B LeCW***** 94 30.0 46.9 Venture Con 1030 30.0 3.' HK Land 474
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    • 115 6 CLOSE DOWN SIA 200 1554 -46.0 -2.9 S I A 1562 -38.0 -2.4 :it 1194 -26.0 -2.1 GuocoLand Ltd 425 -20.0 -4.5 DBS MBLJCW*****0 543 -18.0 -3.2 SGX DB ePW*****3 67 -16.0 -19.3 MBLJCW*****0 388 -11.0 -2.I B Sembawani 940 -10.0 -1.1 Land 615 -10.0 -1.i ilanMBLeCW***** 28.5 -9.0
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    • 82 6 Where S$ stands (an 29 CHNG CLOSE FRJan28 YR 2008/07 S$ LOW S$ HIGH USS 1.4190 0.19 1.5479 1.4180® Euro 2.0961 -0.32 2.1639 1.9913 Pounds 2.8214 -0.27 3.1194 2.7855 AS 1.2622 -0.92 1.3555 1.1741 Yen* 1.3303 0.35 1.3821 1.2285 Rupiah* 0.***** -0.13 0.***** 0.***** Baht* 4.2948 0.13 4.5700 4.1730
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  • COMPANY NEWS
    • 564 7  -  ARTHUR SIM FY2007: boost from residential sales and revaluation and restructuring surplus By KEPPEL Land's turnover crossed the billion-dollar mark in 2007 to hit a record $1.4 billion, a rise of 48.5 per cent from the previous year's $948 million. The 12-month period ended Dec
      564 words
    • 489 7  -  YEN SREENIVASAN By THE earnings outlook for Asia's airlines is deteriorating and the favourable demand/supply situation which fuelled many of them to record profit levels last year is set to reverse, says investment house Merrill Lynch (ML) in a paper published yesterday. "We think
      489 words
    • 262 7 SIA Engineering Company (SIAEC) yesterday posted a third-quarter net profit of $53.6 million for the period ended Dec 31, 2007, down 3.1 per cent from a year earlier. Operating profit dropped 27.9 per cent to $19.1 million. Earnings per share fell by
      262 words
    • 303 7  -  KALPANA RASHIWALA Distributable income for full year 31.7% more than forecast By By CAMBRIDGE Industrial Trust (CIT) has posted distributable income of $11.59 million 59 per cent higher year on year for its fourth quarter ended Dec 31, 2007. The figure comprised $1.6
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    • 426 8  -  CHOW PENN NEE Counterparty accounts more than double to top 160 By ASIA'S only over-the-coun-ter (OTC) clearing service for oil swaps and forward freight agreements has seen a 12-fold increase in value of trades cleared last year. The Singapore Exchange (SGX) said yesterday that
      426 words
    • 343 8  -  ONG BOON KIAT Subscribers to get video conferencing service By CREATIVE Technology has followed up a bullish second quarter earnings announcement with details of a new line of business a subscription-based video conferencing service. Now working with a third-party service provider here, Creative
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    • 282 8  -  ARTHUR LEE By FIREWORKS lit up the sky above the Singapore River during a night of fun, entertainment and networking for OCBC's SME clients at their annual Chinese New Year gathering on Monday. And OCBC chairman Cheong Choong Kong made a surprise appearance from
      ARTHUR LEE  -  282 words
    • 208 8 FORTUNE Real Estate Investment Trust has announced distribution income of HK5284.8 million (5551.8 million) for 2007, up 3 per cent from 2006. Distribution per unit for the year ended Dec 31 edged up 2.5 per cent to HK50.3512. "We are pleased that
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    • 94 8 Notes: Net profit refers to profit attributable to equity holders Trust and Reits: turnover is gross revenue Earnings is income available for distribution Cambridge Ind Trust: Previous figures cover the period from July 25 to Dec 31,2006 Exchange rates: HK$l =550.184 nm: not meaningful Full year ended
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    • 399 9 Reuters It is also looking at Shanghai and HK and is seeking pre-IPO investors [JIANGMEN, China] Jiangmen Nanyang Ship Engineering Co, a privately owned shipbuilder that arose from a shrimp and fish farm in southern China two years ago, hopes to make an initial public
      ■ Reuters  -  399 words
    • 54 9 KOH Poh Tiong (right), CEO of Asia-Pacific Breweries (APB), presenting the Henri Chen painting 'The Lustre of Evergreen to Michael Fam, who has stepped down as APB's chairman. The painting, depicting royalty, intelligence and perseverance, "encapsulates all the years of dedication that Dr Fam has shown to
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    • COMPANY BRIEFS
      • 66 9 PAN-UNITED Corporation has been awarded two contracts worth a combined $30 million to supply ready-mixed concrete (RMC) for Singapore's new MRT Downtown Line (MRT DTL) Stage 1. The 4.3 km long MRT DTL Stage 1 will run from Bugis Station on the East West Line
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      • 33 9 ROKKO Holdings reported revenue for the year ended Dec 31, 2007, of $33.3 million, up 11.1 percent. Profit attributable to equity-holders was $5.1 million, an 18.3 per cent increase.
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      • 55 9 MULTI-CHEM reported revenue of $140.8 million for FYO7, up 45 per cent from FYO6. Revenue for Q407 was $38.2 million, an increase of 41.9 per cent. Net profit was $15.4 million (up 8 per cent) on a full-year basis and $6.47 million (up 102 per
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  • Page 7 Advertisements
    • 445 7 r*. X! A< Asian Golf p- I U> r Academy T V LahPFi?r&a/e /2/o>;t H ai 5 9 PUBLIC HOUSING DEVELOPMENT UNDER DESIGN, Q^ 5 n«» 0 X^k, BUILD SELL SCHEME I Npr r7l I, (j^X^ I Bishan NPC M m* Wm y> S Bishan North M Shopping Centre W
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  • Page 8 Advertisements
    • 674 8 Cap/taLand ~T[ ASCOTT GROUP A Member of CapHaLand 1 The offer document has been sent out on 29 January 2008 Shareholders can fill In and submit the appropriate acceptance form enclosed with the offer document and tender their shares in The Ascott Group Limited ("Ascott") to Somerset Capital Pte Ltd
      674 words
    • 63 8 I M *^^8| m\ m\ fflvm.Y "\"^l H Q^k FABULOUS OU.FENGSHUI IDEAF* A M tVI CREATIVE WAYS TO GET BETTER UJOKl^^it^,. MMi:tcT" ring INi Ttl spring! i^aljjjj^g^H 'WITH STYLISH CHINOISERIE DECOR IDEAS £&Vjl fengshui guide yftjflßHTffl sPHmagazines mm A SUBSIDIARY OF SINGAPORE PRESS HOLDINGS To download software, SMS the word
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  • Page 9 Advertisements
    • 375 9 f^Vl HOUSING 4 > DEVELOPMENT > "-1 J BOARD LAND FOR SALE LAND PARCELYISHUN S2 I r^L L *A^J FW timing, I /\V* V* gf SHriun h M m^rt wm^T^rMß^ Orchid Country j MMM WkW^A^^^W CUbM' Cmse M Lower Seletar Reservoir On behalf of the Government of the Republic of
      375 words
    • 1670 9 PACIFIC SHIPPING TRUST (A business trust constituted on 25 April 2006 under the laws of the Republic of Singapore) Managed by PST Management Pte. Ltd. NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Pacific Shipping Trust ("PST") will be held at NTUC Business
      1,670 words

  • SINGAPORE NEWS
    • 545 10  -  CHUANG PECK MING Lim Swee Say cites Economist report; NTUC to help 8,000 unemployed workers get jobs By SINGAPORE was the only country in the world to post high economic growth and low unemployment in 2007. The labour movement here wants Singapore
      545 words
    • 342 10  -  KALPANA RASHIWALA By THE Housing Development Board (HDB) has launched the tender for a 99-year-leasehold site at the corner of Yishun avenues 1 and 2 that fronts Lower Seletar Reservoir and is near Singapore Orchid Country Club/Golf Course. The plot, which is about 10 minutes'
      342 words
    • 239 10 IT'S a battle between the newcomers and the stalwarts in this year's Singapore Tourism Awards. VivoCity, which opened in December 2006, will vie for the "Best Shopping Experience Shopping Mall" category alongside the more established Paragon and Wisma Atria. The category was revived for
      239 words
    • 7769 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.893/ Star Europe Bond 1.207/ Star Europe Bal 1.167/ Star Asian Tiger Eqty 1.437/ Star Asia Bond 1.242/ Star Asia Balanced 1.009/ Star Global Technology Fund!" 0.196/ Multi St Fd 0.907/ Star Asia Bond(USD) 0.872/ Gib Multi St USD
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    • 528 11  -  RONNIE LIM Company opens cutting-edge reverse osmosis desalination plant 3y POWERSERAYA (PS) the second-largest generation company here which has ?rown into an integrated water, heat and power player is interested in building large-scale desalination plants if Singapore Dpens up the water market, [t
      ARTHUR LEE  -  528 words
    • 269 11  - Drew Napier tops ranking of law firm employers CHEW XIANG By DREW Napier is the top employer among local and foreign law firms in Singapore, according to a survey by Asian Legal Business (ALB) magazine. Home-grown giant Allen Gledhill came in third in the overall rankings. Foreign firm Linklaters took
      269 words
    • 326 11 TICKET prices at Cathay cineplexes will go up from Monday. General ticket prices will be raised by 50 cents, or 6 per cent. In addition, there will be a new "blockbuster" tier of pricing, with tickets for the 20 or so movies judged
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  • Page 10 Advertisements
    • 59 10 ™E EXPERTISE OF MAN^ THE STRENGTH OF ONE fflffiz'/s'','-■'X^''V'!-'Y--r?.'^^..' '■'^^f^'':':'T^^B^^^^^^^aESk At the core of our business are multiple world-class investment management 1* J§ I y&p&W'' •/'*<''-':: ''v'' J'^^^'W<''-:-:'-^^^^3^^^^ i RBBu groups Franklin, Templeton and Mutual Series each operating autonomously =^J3L. "X2&^» %s£&yy^y%;&^ and offering our clients their unique perspectives. FRANKLIN
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  • Page 11 Advertisements
    • 64 11 Congratulations Nanyang Business School Nanyang Technological University mm Wk sAmmmmmh: A\ mmm m fl I y" Mr r\ The Ist1 st time a Singapore University's MBA is ranked in the World's Top 50 by Financial Times, 2008 The alumni are proud of the endorsement by the prestigious Financial Times of
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  • ECONOMY WATCH
    • 161 12 White House, AP graphic Proposals from President Bush's speech Fund new technology that can generate coal power and capture emissions. Increase the use of renewable power Improve the tax code to help those who do not get insurance through employers. Expand health saving accounts and
      : White House, AP graphic  -  161 words
    • 927 12 MT In last State of the Union address, he urges quick passage of stimulus package [WASHINGTON] US President George W Bush used his final State of the Union address on Monday night to call for quick passage of his tax rebate package, patience in
      MT  -  927 words
    • 673 12 -AP His 30% approval rating is near lowest of his presidency [WASHINGTON] The state of the union is anxious. In the eighth and final year of George W Bush's presidency, Americans have stomach-clenching worries about a recession; soaring fuel costs; huge budget deficits; the
      -AP  -  673 words
    • 2281 12 Ian 29 RM ('000) A&M Realty 0.78 AbricBhd 0.24 Advance Synergy 0.18 Adventa Bhd 1.36 AeMuIti Hldgs 0.28 Affin Holdings 2.40 Ahmad Zaki Resou 1.47 Aic Corp 0.66 AirasiaBhd 1.53 Akn Technology 0.63 Alliance Financi 2.83 Aluminium Co 1.15 Amalgamated Ind 0.49 Aminvestment Grp ....unch \mmb HldgsBhd 3.60
      2,281 words
    • 324 12 Reuters [LONDON] Governments across the world should act together to reduce the risk of turmoil in financial markets, British Finance Minister Alistair Darling said yesterday. Speaking before a summit of European leaders in London to discuss ways to tackle the financial instability
      Reuters  -  324 words

  • MALAYSIA
    • 508 13 Bloomberg Govt seen ramping up fiscal spending to offset threat of weaker exports [KUALA LUMPUR] Malaysia's central bank yesterday kept its benchmark interest rate unchanged for a 14th straight meeting, refraining from a rate cut as inflation accelerates. Bank Negara held
      – Bloomberg  -  508 words
    • 427 13 -AP [KUALA LUMPUR] Malaysia's former leader Mahathir Mohamad yesterday accused the government of awarding state contracts to its own companies and a few well-connected businessmen, echoing complaints by critics including the US who have slammed the process as opaque. "Nothing is very transparent," Dr
      -AP; AP  -  427 words
    • 522 13  -  PAULINE NG By in Kuala Lumpur THE Malaysian Automotive Association (MAA) expects local vehicle sales to rise 4.7 per cent to 510,000 this year after a slight contraction of 0.7 per cent last year. By 2011, growth is expected to taper off to
      522 words
    • 465 13 Reuters Agriculture, food production, tourism are key focus areas [KUALA LUMPUR] Malaysia unveiled a U5532.4 billion development plan yesterday for its eastern state of Sabah, on Borneo island, as the nation geared up for general elections widely expected by end-March. Prime Minister Abdullah
      – Reuters  -  465 words
  • Page 13 Advertisements
    • 79 13 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
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    • 170 13 business Qlass (J)ea[s to (Europe Moscow $3400 Munich Paris London Athens Zurich Rome $3600 Milan Madrid Frankfurt Stockholm Copenhagen $4045 Mmmmm^^t Am v mm\ r^jt^m. m BL't MmltmmW <;m/^\ m «p k I -f L Mmmm. m*. M^m^mm*. .Am Terms Conditions Fares shown are per person for a round trip
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  • INDONESIA
    • 378 14 Reuters He and 2 other officials allegedly misused funds at 81-linked foundation [JAKARTA] Indonesia's an-ti-corruption agency said the governor of the central bank and two other senior officials were suspects in an investigation into the misuse of funds at a foundation linked to the
      – Reuters  -  378 words
    • 226 14 Reuters [JAKARTA] Indonesia's state-owned firms must be careful when borrowing in foreign currencies to avoid the kind of problems seen during the Asian financial crisis, State Enterprises Minister Sofyan Djalii said on Monday. Several state-owned firms have announced plans to issue foreign currency
      – Reuters  -  226 words
    • 530 14 -yIFT3 Virus uncontrollable in Indonesia: virologist [JAKARTA] Confirmation of the 100 th human bird flu death in Indonesia shows the virus is out of control in the country most ravaged by outbreaks of the disease, experts said yesterday. Indonesia's health ministry on Monday
      -yIFT3  -  530 words
  • Page 14 Advertisements
    • 394 14 _l jb* WmT I 9r^ ■*-—I r __fl 4s -fW rA* f~i. vl I jA _^_l __i^^^_P jf J^Hfl mmmJ l—kP'vJHl w **l_ii_r^ r __M_^h^B?A __i^__' j^H 0m x\__ __I»^^^^F E^^£ mwL s w 'VoB^^ k> __P__l t s-—^^Jr^^^^^^B^ *?t4__ .mi m Aw*** J m_^ mMmmmmm m^k W mM w\mm
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  • INDIA
    • 372 15 Reuters The RBI also left all other rates and the cash reserve ratio unchanged [NEW DELHI] A decision by India's central bank to leave interest rates unchanged at a review marked a "standstill" policy that could change later to meet global developments, the finance
      Reuters  -  372 words
    • 413 15  -  SIDDHARTH By By SRIVASTAVA in New Delhi STUNG by the appreciating rupee, rising salaries and average performance, Indian software companies are looking to diversify revenue sources, tapping new low cost locations and expanding client base. According to global consulting firm PricewaterhouseCoopers, outsourcing has
      413 words
    • 425 15 Bloomberg [NEW DELHI] India's central bank said the nation's inflation rate is "suppressed" because it doesn't take into account last year's surge in crude-oil prices. "Pass-through of higher international oil prices to domestic prices remains incomplete," the Reserve Bank of India (RBI)
      – Bloomberg  -  425 words
  • Page 15 Advertisements
    • 374 15 LUAUKY __,>?-;.'_■ Hk £v> ■^^^2^^Q^^2i£l3S__________l__i____l R^^jf 15____^1P 1^ _H ■11/V^W^r H-flKl Jln I'UKm -I-K1 ■I 3 fl Ifrfl _f_J r_Mi_P' w~_B *k ___r*J_i I H______t J—T_T ~j3| Hr *r ____Pr___H__^m __fi__W_yT^____r^^^ 3_____9___i _> ___£^^*___E __i 3 m*A^j^A^im^Mjj±j^Am-^MM^mjmMm^w Xl a__3 —R99HM Ef!f!fsfl ■__i f:^» 18-Etfltßfl Jteww *~__iPl 19 HI RK___ PRU
      374 words

  • Page 16 Advertisements
    • 2765 16 IT^'»!'.TJ| Land I Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007 Earnings (before corporate restructuring surplus, enbloc property sales, impairment provision and revaluation of The Directors of Keppel Land Limited announce the following unaudited results
      2,765 words

  • GREATER CHINA
    • 501 17 Bloomberg They can compete with banks for a slice of China's USs4.3t savings pie [BElJlNG] China's brokerages will be allowed to manage assets for individual clients for the first time, making securities firms less reliant on trading income in a stock market
      Bloomberg  -  501 words
    • 688 17 Reuters Transport crippled, power cut in worst winter in 50 years [SHANGHAI] Chaotic winter weather besieged China's business and farming heartland yesterday amid the country's worst power crisis, with one moun-tain-road accident blamed on snow killing 25 people ahead of the Chinese New Year
      – Reuters; I AFP  -  688 words
    • 374 17 -AP [BEIJING] China on Monday allowed a US warship to make a port call in Hong Kong, two months after it turned away an American aircraft carrier battle group and set off a diplomatic dispute between the two countries. The
      -AP  -  374 words
    • 310 17 Xinhua [SHANGHAI] Major Chinese cities are set to follow the lead of Beijing and Shanghai by including transient workers in their calculations of annual per capita gross domestic product (GDP), rather than just the registered population. Major cities like Beijing
      – Xinhua  -  310 words
    • 190 17 AFP Global stock market downturn has made small telcos cheaper [BEIJING] China Mobile, the country's top wireless operator, said yesterday it planned to take advantage of the global stock market downturn to acquire overseas telecom firms that have now become cheaper. "(China Mobile) would like
      AFP  -  190 words
    • 201 17 Bloomberg [BEIJING] China Telecom Corp, the country's largest fixed-line telephone carrier, denied a report that it's in talks to buy a wireless network from China Unicorn Ltd as part of an industry revamp. "The company has not received any notification about restructuring" or about
      – Bloomberg  -  201 words

  • ASIA-PACIFIC/WORLD
    • 375 18  -  OH BOON PING SM Goh meets Qatari DPM; briefed on developments in energy market By STRONG economic ties between Singapore and Qatar were the order of the day when Senior Minister Goh Chok Tong met Qatar's Deputy Prime Minister Abdullah Bin Hamad
      375 words
    • 355 18 Reuters [NEW YORK] Merrill Lynch Co's co-president Ahmass Fakahany will leave the company as the brokerage builds a new management team following a credit implosion that triggered US$l2 billion in net losses in the second half of 2007. Mr Fakahany's departure is effective on
      – Reuters  -  355 words
    • 651 18 Reuters, Bloomberg [PARIS] Societe Generale, reeling from losses blamed on a rogue trader, is a bank in crisis and may need to ditch its chairman, the French economy minister said. "Societe Generale is in a crisis situation," Christine Lagarde told LCI television yesterday. "In
      – Reuters, Bloomberg  -  651 words
    • 549 18 -AP This could pave the way for a comeback by the former PM [BANGKOK] Thailand's soon-to-be-installed new government, led by a party loyal to ousted prime minister Thaksin Shinawatra, will seek to implement many of the former leader's economic policies, according to
      -AP  -  549 words
    • 315 18 -AFP [OSLO] Perhaps the most unlikely victims of the US sub-prime crisis are eight small Norwegian towns currently licking their wounds after seeing tens of millions of dollars in risky investments go up in smoke. A soaring number of defaults on US sub-prime
      -AFP  -  315 words
    • 443 18 Bloomberg, AP LATEST US DATA [WASHINGTON] Orders for US durable goods rose more than forecast in December, indicating business investment is holding up even as other parts of the economy weaken. The 5.2 per cent increase in appetite for computers, aircraft and
      – Bloomberg, AP  -  443 words
    • Article, Illustration
      546 18 WITH the inevitable headwinds associated with the north-east monsoon this time of year the boats are having to tack back and forth across each others track to try and gain a few yards of advantage. This makes the leader board a bit unstable at the moment as one
      Photo: ONEDITION  -  546 words

  • WORLD
    • 479 19 Bloomberg [NEW YORK] Enthusiasm for takeovers has diminished this year, and the near-collapse of Blackstone Group's US$6.6 billion buyout of Alliance Data Systems is just one reason. To gauge the current attitude towards deals, look at the shares of Landry's Restaurants and Matria
      Bloomberg  -  479 words
    • 187 19 Bloomberg LONDON] British Sky Broadcasting Group, the UK's oay-television provider, must cut its stake in broadcaster [TV to below 7.5 per cent to avoid harming competition, ;he government said. The UK will impose the remedies "ecommended last month by the
      – Bloomberg  -  187 words
    • 663 19 -NYT Paper will also move from Wall Street to midtown Manhattan [NEW YORK] The Wall Street Journal miles away from Wall Street? Covering sports? Yes, the paper that has chronicled business from lower Manhattan for 119 years is making plans to start a
      -NYT  -  663 words
    • 479 19 -NYT Discussions are in an early stage; the two markets would be a natural fit [NEW YORK] The CME Group, which owns the Chicago Mercantile Exchange, and Nymex Holdings, the owner of the New York Mercantile Exchange, said on Monday
      -NYT  -  479 words
    • 414 19 -LAT-WP [WASHINGTON] Senator Edward M Kennedy delivered a highly prized endorsement for Senator Barack Obama on Monday as well as a pointed rebuttal to the main lines of attack used against him by Senator Hillary Rodham Clinton and her husband, Bill Clinton.
      -LAT-WP; BLOOMBERG  -  414 words
    • 489 19 Bloomberg ln return, Berkshire will enjoy faster licence approvals [NEW YORK] Billionaire Warren Buffett's Berkshire Hathaway has agreed to expand its new bond insurer across the United States in exchange for faster licensing, a group of US state regulators said yesterday. Cathy Weatherford,
      Bloomberg  -  489 words
  • Page 19 Advertisements
    • 773 19 m mZ»T^% «i IN THE MATTER OF THE IDE COIMNIF.S ACJ, UP 50 COMPANIES ACT, CHAPTER 50 111 THE MATTER OF CROMPTON SPECIALTIES ASIA NAB CREATION PTE LTD PACIFIC PTE LTD (In Members' Voluntary Liquidation) *****7470R1 NOTICE OE RESOLUTIONS NOTICE IS HEREBY GIVEN that at an Extraordinary LIQUIDATION General Meeting
      773 words

  • AVIATION
    • 719 20 Bloomberg Investors want to know impact on earnings forecasts [BOSTON] Boeing Co's sixth straight quarter of profit may not be enough to satisfy investors jolted by two unexpected delays in the 787 Dreamliner programme. Chief executive officer James McNerney was likely to give his
      – Bloomberg; AP  -  719 words
    • 259 20  -  YEN SREENIVASAN OSAs with Denmark, Norway and Sweden more liberal than usual pacts: CMS By By [SINGAPORE] Singapore has concluded three bilateral Open Skies Agreements (OSAs) with the Scandinavian countries of Denmark, Norway and Sweden. The agreement allows airlines of both Singapore and
      259 words
    • 207 20 Xinhua [MANILA] German carrier Lufthansa Airlines will no longer fly from Manila to Europe starting on March 30 due to tough competition posed by Middle Eastern airlines, reports yesterday said. The reservations office of Lufthansa in Manila confirmed that by April, the airline will be
      – Xinhua  -  207 words
    • 216 20 Bernama [KUALA LUMPUR] Subang Skypark Sdn Bhd, which is redeveloping terminal three in Sultan Salahuddin Abdul Aziz Shah Airport at Subang into the region's largest general and corporate aviation hub, is expected to announce the award of the major refurbishment works next
      Bernama  -  216 words
    • 234 20 Reuters [MADRID] Spanish low-cost airlines Vueling and Clickair are in preliminary merger talks to create Spain's third-biggest carrier, newspaper Expansion reported yesterday, quoting sources close to negotiations. The paper said the airlines' main shareholders were negotiating on price and the possible deal
      – Reuters  -  234 words
    • 2399 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), A' (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airline ."dn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,399 words
  • Page 20 Miscellaneous
    • 434 20 CRYPTIC CROSSWORD ACROf hi M 13 I 14 I lii Hi 17 I IS I I Performers on stage need make-up and carpets (3-7) BB BB BB BB Hd BB BB 6 Dock leaves to be harvest- Tn-^^ BBTi i^ ed?(4) |__■__I 10 Quiet, hidden turn on track BB BB
      434 words

  • SHIPPING
    • 828 21  -  DAVID HUGHES STRAIT TALK Why not let private sector chart companies run sovereign states' hydrographic offices? By LAST week, executives from electronic chart company Jeppesen Marine took part in a Norwegian press day at the Baltic Exchange in London. Company president Tim Sukle and managing
      828 words
    • 391 21 Reuters [KUALA LUMPUR] The Dutch port of Rotterdam expects to expand into India this year, a senior executive said yesterday, but he denied media reports that the port was close to a tie-up with Indian builder Larsen and Toubro Ltd "We are
      – Reuters  -  391 words
    • 517 21  -  VINCENT WEE It promises to streamline tracking and communications By A NEW Containerised Traffic System (CTS), launched yesterday, promises to streamline the tracking and communication processes for transport companies serving the local port industry, allowing them to enjoy full integration with their container depots,
      FILE PHOTO  -  517 words
    • 393 21 AP [ERIE, Pennsylvania] Dirk VanEnkevort wanted to take advantage of a shipbuilding boom when his family's firm leased one of the largest dry docks in the Great Lakes region in 2005. But now he's so short-hand-ed he has turned to robots to
      AP  -  393 words
    • TRANSPORT STOCKS
      • 129 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.55 0.35 4
        129 words
      • 31 21 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.93 9.50 9.45 3.58 3.00 unch -0.01 0.05 0.05 -0.06 unch unch 162 486 335 1171 18 0
        31 words
      • 12 21 '00 'recious Ship Regional Cont 21.90 23.00 0.20 -0.10 128( 8:
        12 words
      • 6 21 '000 toil 43.60 0.60 190:
        6 words
      • 22 21 '000 Aboitiz Equity ntl Container Keppel Marine Keppel Prop 6.60 38.50 2.32 1.82 unch ***** -1.50 1841 -0.06 24 -0.18 2
        22 words
      • 22 21 Evergreen Marine ...23.45 :irst Steamship 46.00 /Van Hai Lines 22.85 fang Ming Marine ..20.55 1.00 -1.65 -1.05 0.20 2' I 2!
        22 words
      • 36 21 '000 <awasakiHvylnd...263.00 8.00 ***** Cawasaki Kisen ....1014.00 53.00 9281 Mitsubishi Hvy 435.00 13.00 ***** vlitsui Eng&Sbldg ..333.00 7.00 ***** vlitsuiOsk Lines ..1231.00 44.00 ***** Mippon Express 548.00 6.00 6090 MipponYusen 825.00 62.00 ***** iource: Reuters
        36 words
  • Page 21 Advertisements
    • 19 21 -A' r Declaring Agents for Export Permits Certificate of Origin/Form D. 6fk tfo vtyftt StuffwWW.ST7OI.COM jobs cars property shops
      19 words
    • 29 21 m KIRIBATI *^^Ship Registry .JL The (Registry for SfapOwners WGW M 10 Anson Road #25-02, International Plaza, Singapore *****3 Tel: +65 6225 0555, Fax: +65 6225 0550, Email: info@kiribaship.com
      29 words

  • EDITORIAL & OPINION
    • 524 22 SOME time tonight, Singapore time, the United States Federal Reserve is scheduled to decide once again on the adjustment of the benchmark Fed funds rate. Even though it made an unscheduled, surprise cut of 75 basis points a week ago, market participants want
      524 words
    • 1459 22 Tony Tan, deputy chairman of the Government of Singapore Investment Corporation (GIC), explains the rationale for GIC'S recent investments into the two banks Q: Dr Tan, what is the virtue of inking this deal with Citigroup now? Why not wait till there
      FILE PHOTO  -  1,459 words
    • 780 22  -  JOE MYSAK Bloomberg THE BOTTOM LINE By NEW York State Insurance superintendent Eric Dinallo wants to save the bond insurers. Good for him. Mr Dinallo met on Jan 23 with some US banks to talk about how to rescue the
      Bloomberg  -  780 words
    • 1428 23  -  GAN KWEE LIAN Corporate tax rate of 25 per cent now holds for both foreign investment firms and Chinese companies By A COMPLETELY rewritten corporate income tax law, the Enterprise Income Tax Law, came into effect in China on Jan 1 this year. Affecting
      BLOOMBERG  -  1,428 words
    • 840 23  -  YOGI AGGARWAL WHAT was widely touted as the biggest initial public offering (IPO) in Indian corporate history had some unintended consequences. Reliance Power, a company set up by industrialist Anil Ambani and with plans to build 13 power projects with a generating capacity of 28,200 MW, had
      AFP  -  840 words


  • SINGAPORE STOCKS
    • 8415 24 Transaction date: Jan 29 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Company 5716 1st Software 11 6.5 3148 STelecom 29 11 5834 A-Sonic 107 98 6389 ABF SG Bond ETF 30 13.5
      8,415 words
    • 82 24 52-Wk Tel High Low Code Last Sale Vol COOP) Day ih Low Last Quote Buyer Seller Div GrYld Net MC C'vr P/E $i Com i iii! 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • 2124 24 52-Wk Tel |h Low Code Last Sale Vol Cooo) lay I Low Bu1 .ast Quote Div yer Seller C'vr Net P/E JlCap $mil Hii Comi >an< Hii 30 11.5 1181 s AAGrp 415 18 5000 s ABR Hldgs 31 185 8538 s APStrategic 165 3 1501 s Advanced
      2,124 words
    • 208 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      208 words
  • Page 24 Advertisements
    • 24 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. ~fcj( M 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676.
      24 words

  • FINANCE & COMMODITIES
    • 369 25 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 28 World Index Preliminary 1015.4 -0.4 -7.7 -0.3 -10.4 -0.2 -3.: EAFE Preliminary 984.9 -1.6 -11.1 -1.3 -10.1 -1.2 -2.' Euro[ Preliminary 1352.5 -1.0
      369 words
    • 60 25 Jan 29 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Feb OS 3211 3201 3226 3200 73 501 MarO8 3191 3197 3220 3175 490 ***** AprO8 3195 3200 3230 3176 6577 ***** May 08 3198 3200 3225 3186 764 8280 Total o/p:
      60 words
    • 25 25 Jan 29 len Hii Sett STI SIMSCI Jan 370.6 380.1 372.5 Taiwan Jan 292.6 299.7 296.9 Source: MF Global (S) Pte. Ltd
      25 words
    • 22 25 Jan 29 SS Bid Offer 1-month 1.4162 1.4174 2-months 1.4142 1.4155 3-months 1.4122 1.4135 6-months 1.4068 1.4083 Source: OCBC
      22 words
    • 156 25 Jan 29 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2603 1.2619 0.8886 0.8891 Canadian dollar 1.4143 1.4162 0.9972 0.9978 Euro 2.0934 2.0950 1.4760 1.4761 NZ dollar 1.1027 1.1039 0.7775 0.7778 Sterling md 2.8180 2.8207 1.9869 1.9874
      156 words
    • 360 25 Jan 29 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 96.980 97.390 97.445 97.375 0 0 0 0 ***** ***** ***** 9389 EUROYEN FUTURES MarO8 99.225 99.225 JunO8 99.410 99.410 SepO8 99.430 99.430 DecO8 99.400 99.400 MarO9 99.320 99.320 JunO9 SepO9 DecO9 99.215
      360 words
    • 280 25 Jan 29 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest FebO8 Mar 08 Apr 08 May 08 JunO8 Jul/Sep 08 379.50 381.00 383.75 383.75 383.75 383.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest
      280 words
    • 132 25 As at 9am Jan 29 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2540 1.2680 Can dollar 1.4060 1.4220 Euro 2.0880 2.1110 NZ dollar 1.0950 1.1190 Sterlini 2.8050 2.8360 US dollar 1.4130 1.4280 Local dollars to 100 units of foreign currency:
      132 words
    • 164 25 Jan 29 JS^ Otter Bii Overnight 1 1/4 1-month 1 5/8 2-months 1 5/8 3-months 1 5/8 Overnight mode: 1 13/16 US$ Offer 1 1/8 1 1/2 1 1/2 1 1/2 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.35
      164 words
    • 468 25 Jan 29 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.891 6.395 0.602 6.937 35.010 82.827 0.948 8.393 2.876 1.143 55.620 36.096 1.261 6.377 0.971 28.692 29.372 0.447 0.889 Canada 1.122 7.177 0.676
      468 words
    • 175 25 Jan 29 GOLD (USS/oz) Jan 28 Jan 29 GOLD BULLION COINS (S$) Sellim Hong Kong 913.60 918.50 914.60 919.50 Jan 25 Jan 28 London 912.00 923.60 912.90 924.30 Source: Reuters (S$) Selling Buying 1 oz 1465.9 1322 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $513.60 421 SILVER
      175 words
    • 74 25 Jan 29 lUiSJ (SS) 3.***** 1.***** 6mths 1.***** 9mths 1.***** 12 mths 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs
      74 words
    • 87 25 Jan 29 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****S 02.05.08 1-Year BY*****A 29.09.08 1.44 1.49 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
      87 words
    • 68 25 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2469.50 2479.50 3 months 2512.00 2520.00 Copper, Grade A (USS/tonne) Cash 3 months 7049.50 7060.00 7036.00 7020.00 Lead (USS/tonne) Cash 2654.00 3 months 2664.00 2606.00 2615.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
      68 words
    • 78 25 Jan 28 COCOA (Btonne) Close Prev Hii ih/Low Mar 08 1147 1149 1150/1138 May 08 1169 unch 1170/1160 JulO8 1194 1195 1195/1186 SepO8 1182 1185 1185/1175 COFFEE (US$/tonne) Close Pev High/Low Jan 08 2039 1998 2043/2019 Mar 08 2057 2022 2069/2017 May 08 2079 2043 2089/2037 JulO8 2096 2058
      78 words
    • 103 25 Jan 28 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 08 1253.75 1243.00 1255.00 1228.00 May 08 1272.25 1261.50 1273.50 1246.50 Jul 08 1287.00 1275.25 1288.50 1261.00 Aug 08 1278.00 1267.00 1279.00 1263.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 52.55 52.01 52.60
      103 words
    • 76 25 CRUDE OIL PRODUCTS Jan 28 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 90.63 -0.18 WTI (Near Mth) 90.86 0.31 Dubai (1-Mth F) 85.1 0.08 Tapis blend 95.3 -0.15 Minas 93.55 -0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 93.10 103.45 unch -0.25 US$/barrel Opec Oil
      76 words
    • 1936 25 BONDS WARRANTS Tel Code Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left 2835 Allgreen RBeCW*****6 0.5 -0.5 200 0.5 218 4 9092 Asia Environment W*****4 15.5 -2.5 15 1 38 5 3.29 19 3657 Biosensors DB ECW*****3 25 3704 Capitamall Trust SGA ECW*****0
      1,936 words
  • Page 25 Advertisements
    • 57 25 M t^mm^ m\ M m\. a. mm\ ,-->s- 4 W Jtf KMVi MMMHIMMMIiiM \ms%L Jr Htf- >4 ISftii^.vWli \J 1 fv jt fej L-^v Jr mWJ&WmmmmW ?k ">f»—, 7 Jy (Jj I ff%>^- j6r J&^wmyvwL&wu M m wr fI f ißphillipCapital Brought to you by Phillip Futures Pte Ltd (A
      57 words

  • Page 26 Advertisements
    • 3198 26 The Business Times Shipping Times B"a'™ —P_ li_ flillill jMJSlfyiJUitf'ill f .Iff fl 1!C BT WAN HAI INTERNATIONAL PTE LTD cr N*****0000/r I __k^___~fl Kj^B|SßjiS3 jjßjtWLJrTtTafjm|Tl'¥Til"iliiilM I%T TEL: *****588 (14 LINES) FAX: *****163 i^~ 1 W ±mt^nitVMtKUm mmwmSmmWmmma mWMmmWiMam \AN^ WAN HA INFs ft—S"**/*^***-"*"■«'««»*«*■*» __fflnrfKSPH I V 'Tl''™' llrtl LIIIL>#
      3,198 words

  • Page 27 Advertisements
    • 3047 27 B_iil ""JUS-fT ITiF\ EASTERN CAR LINER, LTD I§§ S3® 29^ pPP^J|g| i ffl-5J SPEC.AUZE.NRORO, HEAVY UFTUPTO 450 TONS" —Sg I lK||m^U^^| B VOY Ramp(KT) Lilting(KT) SIN PKL PNN JKT LCB BAT _£H_Ul_K_Uff_3_!i_l_3_U_il_^ =Baß|^J J MERLION ACE 46 30 09/02 11/02 14/02 ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS
      3,047 words

  • Page 28 Advertisements
    • 3280 28 WSM H H H 13 19 |P__i ANDERSEN Fiji glory navigation groupl m^jjjjp fmKtjKKKttjmm H|HM|||Ep||Hh|fl I 1 shipping companyX 70 Shenton Way, #21-03 Marina House Singapore *****8 )&&%KM%k.W%f&X&-^ NOKIH Wbb I cArKbbb LINL „,™„r,™„„ n ,m owns operates the youngest fleet MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS liaTES aßFflttlvnl
      3,280 words

  • Page 29 Advertisements
    • 2927 29 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The telephone numbers of the advertisers are provided for your convenience. ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number ***** ***** Toyofuji TRANS
      2,927 words
    • 658 29 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 28/02 09/03 AustralAL PAPUAN GULF 063S *****333 28/02 09/03 WanHai JACKY RICKMERS E052 *****588 17/03 26/03 AustralAL CAPE HOWE 064S *****333 To SHARJAH (SHJ) 2361 U. A. Emirates 08/02 23/02 Nortrans THORNAUTILUS 1/08 *****776/86 15/02 26/02 Nortrans THOR
      658 words

  • MOTORING
    • 596 30  -  SAMUEL EE By A CHEVROLET Optra which runs on compressed natural gas (CNG) will be the first OEM mass market model to be imported into Singapore if General Motors decides to offer it for sale some time in the
      FILE PHOTO  -  596 words
    • 761 30  -  SAMUEL EE It may have drowsiness detection, traffic sign recognition and stereo vision with motion analysis By FOR all the advances in automotive technology, there will never be a driverless car at least not in the next 20 or 30 years, according to
      761 words
  • Page 30 Advertisements
    • 186 30 MlSia IMI Jl EASY STEPS L tWT&tk mm] fl^^L m/\ TIITVT- Lianhe Zaobao LIVE LIFE BETTER! BTO Will! IkM A^mKA I ->& "on ?^B| After 14"Year H rEERUAFVOS/Se.OO LtVELIFEEETTEE! I fIB 1 1 |J[; F^ jflg _> "^C J1 Ft^_f ti ■_TI BT I UTTERLY If X Yo^V' I '-^_^ll_MPlfi
      186 words

  • EXECUTIVE MONEY
    • 1065 31 Invest at least 15 per cent of your income, control your expenses and hold assets that act as hedges against general price increases INFLATION is commonly taught in business classes as a situation where demand exceeds supply. For instance, office rents in Singapore have
      1,065 words
    • 921 32 Source: Substantial gains made by those who invested in gold, reports GENEVIEVE CUA THANKS to strong markets for the most of last year, Central Provident Fund members are sitting on paper gains of roughly $6 billion in aggregate value in ordinary and special
      CPF  -  921 words
    • 246 32 Bloomberg [LONDON] JPMorgan Chase Co's Mislay Matejka, the only strategist to predict losses for European stocks in 2007, said investors should increase their equity holdings in the region after a market tumble last week. The London-based strategist raised his recommendation on European shares to "overweight"
      – Bloomberg  -  246 words
  • Page 31 Advertisements
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      268 words

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    • 107 32 *dm^m&mm*k~' ■>. _L__flfl _t_f\ Fi^^Tt^flß i jjJE^f flfl^^^^l iflflu I '"^flfl ■Hijii j Ehh lH _r3_FflM Bui!! s9 US M_g_^M H r3p£^l ■K_33H_tt£_£_i_^_| Mflflr flfl Hfl t» 9>-"'-i*,l _^_A_nS flflflbr^^flMflaH mm m) mt ■tiwu-.-i .j"— .in. __B__S__^_i ■fl^V^flflß flUflfl FF flff *R flk EfJS B'iMw Vflfia^K^Tfl m L|-jP%ifcilflMflfß <_fl_^iMflflflflflflflflflflflUflHfl^flflß P^-_^_»i^^P^*
      107 words
  • Page 32 Miscellaneous

  • WHO'S WHO IN CORPORATE FINANCE
    • 1240 33 January's events are a sobering reminder that volatility is alive and can wreak havoc on portfolios. Genevieve cua finds out more JUST until the sub-prime meltdown ensued late last year, it seemed as if Singapore along with other emerging markets could defy gravity indefinitely. The
      1,240 words
    • 3068 34 Get a bird's eye view of what stockbroking firms and fund managers think is in store in the year ahead, geimevieve cua reports WITH risk aversion running high, the start of 2008 will go down in history as one of the worst showings in terms
      AP  -  3,068 words
    • 1123 35 Market players say a handful of public offerings are holding back, awaiting better times, writes matthew phaiu EVERY week seems to bring a new turn in the markets, but there's little doubt the general direction, for now, is down. And just as market
      ALBERT SIM/THE STRAITS TIMES  -  1,123 words
    • 921 35  -  OH BOON PING It's important to factor in risk exposure before investing in stocks By OKAY, so you've come across an IPO that promises a potential yield of 10 per cent next year. As good as that sounds, as a long-term
      AP  -  921 words
    • Article, Illustration
      977 36 Cazenove has completed over 180 equity, bond and advisory deals in Asia in the last ten years, raising over US$l3O billion for clients in a broad range of industries including the consumer, retail, industrial, mining and metals, oil and gas, and financial sectors. Cazenove's corporate finance team is
      977 words
    • 638 37 CIMB-GK is the international investment banking and securities franchise of CIMB Group. It offers a comprehensive range of financial services and solutions in Malaysia, Singapore, Jakarta, Hong Kong, Bangkok, London and New York. CIMB-GK is a wholly owned subsidiary of CIMB Group, Malaysia's second largest financial
      638 words
    • Article, Illustration
      539 38 Charting a course for your firm's M&A These are challenging times for strategic acquirors. After a period of extraordinarily benign conditions, we are entering a phase defined by uncertainty. Questions are being asked as to prospects for growth in the developed world and the relationship between growth in developed
      Thomson Financial, Bloomberg  -  539 words
    • 323 38 Lead advisor to a leading Asian insurance group on the acquisition of a strategic interest in a Malaysian non-life insurance group Lead advisor to a leading Asian chemicals marketing group on a pan-Asian programme of acquisitions with transactions in Malaysia, India and Thailand Lead advisor to a
      323 words
    • 109 38 Andrew Grimmett Head, Restructuring Singapore Southeast Asia Tel: +65 6530 5555 e-mail: agrimmett@deloitte.com Tarn Chee Chong Head, Financial Advisory Services Singapore Southeast Asia Tel: +65 6216 3268 e-mail: ctam@deloitte.com Our team: From left, Andrew Grimmett, Tarn Chee Chong and Jeff Pirie. Deloitte has more than
      109 words
    • 889 38 Deloitte The Trusted Advisor Whether you are contemplating an acquisition, selling your business, a public company takeover or raising capital to grow, the Corporate Finance team at Deloitte has the capability to be your trusted advisor. Deloitte delivers solutions to the complex challenges that business leaders face when undertaking corporate
      889 words
    • 20 38 Lead Advisory Acquisitions Lead Advisory Disposals Lead Advisory Financings Debt Advisory Capital Markets Valuations Modelling Merger Integration
      20 words
    • 757 39 GENESIS Capital is an investment banking house licensed by the Monetary Authority of Singapore to provide capital market advisory services, specifically corporate finance fund raising advisory and transaction management services. Genesis Capital, staffed by a team of professionals with deep domain knowledge and strong transaction execution experience, is
      757 words
    • Article, Illustration
      1425 40 The Hong Leong Group's banking and financial services business is one of the leading and progressive financial services group in Asia providing a wide range of financial services to corporations and individuals in Malaysia, Singapore and Hong Kong. Listed on the Main Board of Bursa Malaysia, Hong Leong
      1,425 words
    • 794 41 Kirn Eng. At Home in Asia. KIM ENG Holdings is one of Singapore's leading independent, non-bank affiliated investment groups. Founded in 1972, its operations today span different segments of the financial services industry, ranging from corporate finance to securities broking, research and asset management. In addition, Kirn
      794 words
    • PRINTERS
      • 442 42 Corporate £X£^ S IPO Prospectuses i Shareholders' Circulars n Scheme Documents n Offer Information Statements n Information Memoranda I \#KC of experience in providing onem^B stop financial printing services. Xpress has an established track record as one of the leaders in the global printing industry, for the
        442 words
    • Article, Illustration
      1226 43 Corporate finance and investment banking is expected to be a major driver for the banking industry this year as the economic outlook for both Singapore and the Asia-Pacific continues to look positive. Investment banking divisions operating in Singapore reported that earnings last year rose as much as 45
      1,226 words
    • 321 44 The complexities and global nature of modern day business require optimum sources of capital to enhance business performance and shareholder value. As corporations grow, it is inevitable that you will, from time to time, need to access the capital markets to raise capital through private or public
      321 words
    • 216 45 Stirling Coleman Capital Limited is an independent corporate finance advisory firm that specialises in providing corporate finance services to small and medium-sized enterprises (SMEs). Between November 2003 and December 2007, we have successfully raised funds for 22 companies on the Singapore Exchange (SGX), of which 18
      216 words
    • 813 46 UOB Asia Limited is a wholly-owned subsidiary of United Overseas Bank Limited (UOB), a regional banking group headquartered in Singapore with a dominant presence across the Asia-Pacific. UOB, listed on the Singapore Exchange, offers a wide range of financial services including commercial and corporate banking, personal financial
      813 words
    • 186 47 Overview Westcomb Capital commenced operations in June 2000 and has since successfully listed more than 75 companies on the Singapore Exchange (SGX). These companies include those from Singapore, China, Hong Kong, Malaysia, Australia and other countries in the region. Being one of the pioneers in bringing
      186 words




  • Page 37 Advertisements
    • 22 37 CIMB-GK Securities Pte. Ltd. 50 Raffles Place, #19-00, Singapore Land Tower, Singapore *****3, Tel: +65 6225 1228, e-mail: sg.investmentbanking@cimb.com, website: www.cimb.com CIMB
      22 words

  • Page 38 Advertisements
    • 120 38 Deloitte. Audit .Tax. Consulting. Financial Advisory. Deloitte Touche Corporate Finance Pte Ltd 6 Shenton Way, #32-00 DBS Building Tower Two, Singapore *****9, Tel: +65 6224 8288, website: www.deloitte.com Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates.
      120 words

  • Page 39 Advertisements
    • 25 39 C^^ Genesis Capital Pte. Ltd. 16 Raffles Quay #27-05/06 Hong Leong Building mW Singapore *****1 Tel: *****800 PffLz nm GENESIS www.genesiscapital.com.sg \\-l-\l CAPITAL Email: info@genesiscapital.com.sg
      25 words

  • Page 40 Advertisements
    • 82 40 I I In BT's most read column 'Show me the HL Bank Money'Oll 12 Jan 2008, BT Senior Correspondent A^^mm (a limited liability company incorporated in Malaysia) r A Member of <he Hong Leong Group Malaysia Teh HOOI Ling noted from her research Unnn 1 annr Ranl( that 'arguably, the
      82 words

  • Page 41 Advertisements
    • 38 41 _i_ 1^ I^ll m Vim C«« r a m+ a l fl I 4-A KIITI Eng Capital Pte. Ltd. 9 Temasek Boulevard #13"00 SUIlteC TOWeT TWO SinfiaDOrP O^fiQfiQ oinya|JUie uooc?oc? Tel: 6432 1837 FaX! 6336 3912 Website: www.kimeng.com
      38 words

  • Page 42 Advertisements
    • 73 42 Xpress Xpress Print Pte Ltd Wholly owned by Xpress Holdings Ltd Listed on SGX in 1999 No. 1 Kcllcmg Way 2A, Singapore *****5 Tel: +65 6880 2828 Fax: +65 6880 2998 Robinson Print Station 39 Robinson Road #12-02, Robinson Point Singapore *****1 Email: cf^xpress.com.sg Website: www.xpress.com.sg Contact us at 2
      73 words

  • Page 43 Advertisements
    • 33 43 0 OCBC Bank Oversea-Chinese Banking Corporation Limited (Company Registration No: *****0032W) Corporate Finance Department 63 Chulia Street, #03-03, OCBC Centre East, Singapore *****4 Tel: (65) 6318 7222 Fax: (65) 6532 2935 Website: www.ocbc.com
      33 words

  • Page 44 Advertisements
    • 27 44 PricewaTerhouseQopers Q PricewaterhouseCoopers Corporate Finance Services Pte Ltd 8 Cross Street, #17-00 PWC Building, Singapore *****4 General line: (65) 6236 3388 Facsimile: (65) 6236 3300 Website: www.pwc.com/sg
      27 words

  • Page 45 Advertisements
    • 25 45 Stirling Coleman Capital Limited 4 Shenton Way, #07-03 SGX Centre 2, Singapore *****7 Tel: (65) 6327 5700 Fax: (65) 6538 5700 Email: info@stirlingcoleman.com Website: www.stirlingcoleman.ee
      25 words

  • Page 46 Advertisements

  • Page 47 Advertisements
    • 54 47 ■¥"¥7" [71 fl nn/^/^l\ /I" O Westcomb Capital Re Ltd W H/l3 IV^ VjlVlO 5 Shenton Way #09-07 UIC Building Singapore *****8 FINANCIAL GROUP General Line: 6319 4999 TT/ i r 7 Fax: 6227 3936 We raise capital jor your business www.westcombfinanciai.com BsfliTSfeitil ffl3 usiii 3*12 1CT351 3*l HSiil m
      54 words

  • WHO'S WHO IN CORPORATE FINANCE: COMMUNICATIONS
    • 1254 48 THE key performance indicator of investor relations is fair valuation of a company's investment merits; not highest share price which would not be sustainable if not backed by fundamentals. Using marketing language, it is about building the brand, ie the level of brand awareness and brand
      1,254 words
  • Page 48 Advertisements
    • 31 48 C',W e we Ro9erson '-MAGE 126^0^^ ClllgSte Sinaaoore *****6 y p f)p\A/p ROPPrQOn Tel: (65) 6534 5122 L^ovvo i^uiouii Fax: (65) 6534 4171 IWI A O. P ■'V *'^~i Website: http://www.citigatedewerogerson.com/
      31 words

  • Page 49 Advertisements
    • 107 49 It is great that we have no time to write about ourselves as all our corporate finance lawyers are busy or overseas working on our clients' IPOs and M&As. That's because Our Clients' Interests Come First and we are happy to have worked alongside our clients FOR THE LAST 2
      107 words

  • WHO'S WHO IN CORPORATE FINANCE: PRINTERS
    • Article, Illustration
      346 50 creB Singapore is a specialist Financial Print Communications Consultancy, managing financial documents such as IPO Prospectuses, M&A documents, Shareholders' Circulars and Corporate Annual Reports. Their service team, supported by an efficient and effective bilingual desktop publishing team, has extensive experience in this business. Although a young company, the management
      346 words
    • Article, Illustration
      902 51 AMID sizzling activities in the financial sector, one industry that has been quietly growing alongside it has been that of financial printing, the specialised process of fast-paced creation, processing, printing and distribution of confidential regulatory and compliance documents. Testifying to that growth, SNP Vite, a wholly owned subsidiary
      902 words
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