The Business Times, 18 February 2008

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Microfilm: NL28832
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, February 18,2008
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  • Article
    Lock icon 6-digit fees for place at international school
    722 1  -  CHEW XIANG Firms can pay UWC $200,000 for guaranteed space By [SINGAPORE] Demand for places at international schools in Singapore is showing no sign of letting up with some top institutions asking for six-digit fees in exchange for skipping the queue. At the
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  • Article
    Lock icon Brisk business likely at S'pore Airshow
    845 1  -  YEN SREENIVASAN Leading planemakers and industry specialists upbeat about demand for aircraft By [SINGAPORE] More than 30,000 trade visitors and over 800 aerospace companies from 42 countries will gather this week in Singapore for Asia's largest airshow. The 2008 Singapore Airshow, which takes over
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      51 1 >T Index 3,088.68 +156.71 1 COMP 1,427.19 +11.25 IIKKEI225 13,622.56 +605.32 IANG SENG 24,148.43 +678.97 ;et index 826.65 +20.21 JAKARTA COMP 2,688.19 +49.10 1ANILA COMP 3,182.85 -58.28 ;eoulcomp 1,694.77 -1.80 ;henzhenb 656.16 -17.84 IUMBAI IND 18,115.25 +650.36 )OW 12,348.21 +166.08 IASDAI 2,321.80 +16.95 ;&p 500 1,349.99 +18.70 =TSE 5,787.60
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg Source: SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.533 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.46 INDIA 12.50
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ ier US$) 1.414 (USS/SS per 1.967 2.781 :uro(us: i/S: i/Q 1.465 2.071 EN 108.30 76.60 3.222 2.279 7.798 5.516 IAHT 32.55 23.02 UPIAH 9,164 6,483 ENMINBI 7.181 5.079 INDIAN RUPEE 39.64 28.04 1.104 0.781 1.269 0.898
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      96 1 8 *****1 *****4 M EZZAMARTINI AT G RAN D HYATT. i> ~--r kj 1 martini bar was awarded bar of the year at the world gourmet summit awards of excellence 2007. f I indulge in a selection of martinis and muddles at only $10++ per glass with complimentary snacks from
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      90 1 BizlT |7 r| DINING OUT VIEWS FROM THE TOP M gj|interTouchin Of Sunday roasts ftl Will the National Lifelong i USslsom Spore buy and Italian flings Income scheme work? M PAGE 28 _Jr. A |B^ PAGE 13 M^!5N PAGES 8& 9 i ls'l*fSl A 12-page special with your BT today.
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asian vitality a shield against US recession: MM
      551 2  -  YEN SREENIVASAN He sees Fed actions and govt stimulus helping US economy recover in H2 By [SINGAPORE] Even if the US falls into recession during the first half of this year, the economic vitality of Asia particularly its two giants, China and
      AP  -  551 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Long-term viability over short-term issues: govt
        43 2 ENSURING Singapore's long-term economic viability far outweighs short-term issues like inflation. And that is what the new Budget seeks to address, said Finance Minister Tharman Shanmugaratnam at a Chinese New Year event yesterday. BUDGET 2008, PAGE 3
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      • Article
        Lock icon Straits Trading Q4 net profit up 87%
        64 2 THE Straits Trading Company has reported an 87 per cent jump in net profit to $184.4 million on a 21 per cent rise in sales for the fourth quarter ended Dec 31, 2007. Turnover for the period came to $382.2 million, while earnings
        64 words
      • Article
        Lock icon New CEO, board members for Xpress
        57 2 SPEED printer Xpress Holdings has appointed a new chief executive and promoted a few senior executives to its board following the completion of former CEO Sam Chong Keen's two-year service contract last Friday. Group director of strategic planning and business development Poh Eng Seng
        57 words
      • Article
        Lock icon Rise in naphtha prices eats into refinery margins
        62 2 A SPIKE in the price of naphtha has slashed margins at Asian petrochemical complexes that rely on the feedstock. But some like ExxonMobil in Singapore are less affected. ExxonMobil's refinery here can crack other light and heavy oils like condensates and fuel
        62 words
      • Article
        Lock icon Little respite seen in rising food prices
        72 2 RISING food prices have hit Asia's poor so hard that many have taken to the streets in protest, but analysts see few signs of respite from the growing problem. An array of factors, from rising food demand and high oil prices to global
        72 words
      • Article
        Lock icon PM Abdullah's statements causing uncertainty
        72 2 PRIME Minister Abdullah Ahmad Badawi's enigmatic statements regarding potential candidates for Malaysia's 12th general election, scheduled for March 8, are driving even surefire aspirants to distraction, if not sleepless nights. Consider what he said about Works Minister S Samy Vellu, 72, who has declared that
        72 words
      • Article
        Lock icon China scrambles to contain food prices
        58 2 ROCKETING food prices in China have sown deep concern among the communist leadership, ever wary of social unrest, as they fumble to control inflation without repeating past mistakes, analysts say. Overall inflation is running at a 10-year high around 6.9 per cent in November
        58 words
  • Page 2 Advertisements
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      559 2 lllfinlr'ir 'ncludes Fortune WOIR 500 companies. www.thepeopleatwork.com Asia-Pacific Executive Search One Idea Can Change Your World I UrbSnTOrUfTI One Idea Can Change Your World IUrbSnTOrUITIi 111 ENHANCING BiilffiM 111 YOUR LEADERSHIP ImmSjbutside II SKILLS ISsir™ 1" 6 W of*eb<>x" I I W L._ I Xv*^ LJ*m>. YALE UNIVERSITY, USA W^
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  • BUDGET 2008
    • Article
      Lock icon SRS proposal not as effective as it appears
      576 3  -  JAMES CLEMENCE Tweaking Section 5 plan better meets employees' long-term retirement needs By OVER the past few years, the government has reiterated that Singaporeans cannot hope to rely on their CPF savings to fully provide for their retirement. This is somewhat of
      576 words
    • Section 5 plan vs SRS
      • Article
        Lock icon Employer perspective
        103 3 Zorporate tax deduction Full deduction available Full deduction available Zontribution limits No prescribed limits Limited to $11,475 for Singapore citizens and Permanent Residents and $26,775 for foreigners rarget employees All employees Can be individual employee >tart-up costs Effectiveness as etention tool High start-up costs Flexible to build in
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      • Article
        Lock icon Employee perspective
        134 3 taxability of employer Not taxable Taxable :ontributions "axability of employee Not applicable Taxable as part of gross income :ontributions rax relief on employer Not applicable Claimable :ontributions rax relief on employee Not applicable Claimable :ontributions "axability of 100% taxable Qualified withdrawals: withdrawal 50% taxable Non-qualified withdrawals: 100% taxable
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    • Article, Illustration
      Lock icon Long-term viability over short-term issues: govt
      413 3  -  i OH BOON PING That's why Spore investing more in education, R&D By [SINGAPORE] Ensuring Singapore's long-term economic viability far outweighs short-term issues like inflation. And that is what the new fiscal Budget seeks to address, said Finance Minister Tharman Shanmugaratnam. "That is why
      413 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      104 3 If you are in any of these situations: K~-^^^^^^*. You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
      104 words
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      Lock icon Page 3 Advertisements Column 2
      152 3 business Qlass <J)cats to <Europe Moscow $3400 Munich Paris London Athens Zurich Rome $3600 Milan Madrid Frankfurt Stockholm Copenhagen $4045 E/1 Tennis Conditions Fares shown are per person for a round trip on Business Class. Sales Period is from 29th January to 27th February 2008. Ticket must be issued within
      152 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Very much a trader's market
      742 4  -  R SIVANITHY STOCKS HOW quickly they forget. Or rather, how quickly the focus changes. We're talking here of US interest rate cuts, which less than three weeks ago dominated all the headlines but seem now to have almost completely disappeared from investors' radar screens. Recall
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    • Article
      Lock icon Asian currencies mixed against US dollar; yen down
      510 4 CURRENCIES [HONG KONG] Asian currencies ended last week mixed against the dollar with the Japanese yen falling despite faster-than-predicted growth figures, while low unemployment in Australia fuelled expectations of further interest rate hikes. Japanese yen: The yen fell slightly against the dollar
      510 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      878 4 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; fee) Euro; AA) Baht; RM; Peso; AAA) Rs; NTS; (ad) Capital; (af) Cash/Bonus Tax Exempt (One-Tier); (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax
      878 words
    • Article
      Lock icon Oil surges above US$96; platinum hits new high
      278 4 COMMODITIES [LONDON] Oil prices rose sharply last week back towards US$lOO as the market focused on supply disruptions rather than forecasts of weaker energy demand resulting from a US economic slowdown. Elsewhere, platinum struck a fresh record high above US$2,OOO an ounce
      278 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1728 4 Source: Reuters recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advance SCT 1.50 1.50 2 6.55 9.31 1.69 0.62 .llco Comm REIT 1.75 1.60 7.00 10.93 1.27 0.79 Jlgreen Properties 2.70 2.80 10 9.41 13.50 1.68 1.30 .mara Holdings 1.33
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 4 Feb 15 VALUE CLOSE 602.00 +300.0 BT OB/OS BT CADI -*****.00+162.0 BT 10-day MA -*****.00 +60.00 FTSE ST Mid Cap 798.83+10.39 FTSE ST Small Cap 702.48 +9.55 FTSE ST All Share 798.17+10.95 FTSE ST China 569.99+10.27 SiMSCI 379.53 5.47 SiMSCI Future 379.80 3.90 PrimePartnersCI 188.57 +3.61
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 4 VOLUME E3 Hlds 302,816,000 Sini iTel 203,814,000 Jade Tech 154, .226,000 China Honi jxini 127,924,000 LottVis 125,944,000 Yam izijiani 120,579,000 JiutianC 120,460,000 Centillion 110,676,000 STXPOKW100 105,802,000 Wee Hur 100,996,000 VALUE(S) DBSGr| 837,320,053 Sini [Tel 795,903,346 SGX 545,023,268 UOB 457,862,635 i Land 453,211,227 Kei Con 397,114,708 OCBC Bk
      59 words
    • Article
      Lock icon RISES
      106 4 CLOSE UP 2888 483.3 13.4 JMH JSH 1602 243.1 12.0 Jardine C&C 2090 210.0 11.2 GLD 10US! 9010 183.7 1.5 DBSGn 1790 88.0 5.2 Creative Tech 674 84.0 14.2 Ci 1220 74.0 6.! ir China H 10US$ 1724 73.5 3.1 STXPOKW100 305 70.0 29.8 Cai itaLand 632 64.0 11.3
      106 words
    • Article
      Lock icon FALLS
      124 4 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 685 -35.3 -3.5 Thai Prime Fd Tat Horn 266 -35.0 -11.6 SPC DB eCW*****0 3.5 -26.0 -88.1 STI 3150 DBePW*****3 27.5 -25.0 -47.6 SPC 630 -22.0 -3.4 STI 3350 DBePW/*****2 79.5 -20.0 -20.1 ilanMBLePW***** 45
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    • Article
      Lock icon CURRENCIES
      88 4 Source: Reuters Wh lere S! stands Feb 15 %CHNG CLOSE FR Feb 14 YR 2008/07 S$ LOW S$ HIGH uss 1.4137 0.25 1.5479 1.4121® Euro 2.0746 -0.16 2.1639 1.9913 Pounds 2.7781 0.47 3.1194 2.7855 AS 1.2829 -0.15 1.3555 1.1741 Yen* 1.3070 0.13 1.3821 1.2285 Rupiah* 0.***** -0.13 0.***** 0.*****
      88 words
    • Article, Illustration
      Lock icon Portfolios recover after recent stocks sell-off
      1387 6  -  TEH HOOI LING STOCKS seemed to have regained their footing somewhat following the sell-off in the couple of days prior to the Chinese New Year. Most stocks ended last week higher than a couple of weeks ago. All our portfolios ended stronger, with two
      1,387 words
    • Article, Illustration
      Lock icon Sales activity surges to 42 disposals, buying falls to 79 purchases
      1081 6  -  ROBERT HALILI INSIDE MARKETS Fund manager sentiment turns negative, while companies' buybacks stay sluggish for third straight week By THE buying was low while the sales activity by directors and substantial shareholders was high last week, based on filings
      1,081 words
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  • COMPANY NEWS
    • Article
      Lock icon Honeymoon period for incoming DBS CEO unlikely
      665 5  -  SIOW LI SEN IT WAS a pity Richard Stanley, the incoming chief executive of DBS Group Holdings, wasn't at its results briefing last Friday. The body language of DBS's top brass might have given him an idea of the challenges facing the bank.
      665 words
    • Article
      Lock icon Straits Trading Q4 profit up 87%
      358 5  -  OH BOON PING Full-year earnings more than double to $485 m, thanks to $420 m exceptionals By THE Straits Trading Company the subject of a takeover tussle has reported an 87 per cent jump in net profit to $184.4 million on a 21 per
      358 words
    • Article
      Lock icon Macquarie may sell Reit stake after review
      305 5  -  OH BOON PING By MACQUARIE MEAG Prime Reit is expected to undergo a strategic review soon that may result in the Macquarie group selling its 26 per cent stake in the Singapore-listed Reit, industry sources said. The move is believed to be prompted
      305 words
    • Article
      Lock icon At a glance
      635 7 Notes: Net profit refers to profit attributable to equity holders. Trust Reits: Turnover is gross revenue; earnings is income available for distribution Allcoßeit: Previous figures cover the period from March 30 to Dec 31,2006 Cambridge Ind Trust: Previous figures cover the period from July 25 to Dec
      635 words
    • Article
      Lock icon Half-time score
      91 7 W^m As of yesterday, 91 SGX-listed companies had released their financial results for the full year ended December 2007. They recorded a combined 551,205.4 m in group profits, up 22.8% over the same period last year. ie breakdown is as 1 tol illows o with profits 80 I
      91 words
    • Article
      Lock icon Full-time score
      85 7 K*X£afl El^l As of yesterday, 70 SGX-listed companies had released their financial results for the full year ended December 2007. They recorded a combined 559,872.4 m in group profits. ie breakdown is as 1 tol illows o with profits 68 1 I No with losses 2 I losses
      85 words
    • Article
      Lock icon New CEO, board members for Xpress
      526 7  -  CONRAD RAJ Poh Eng Seng succeeds Sam Chong Keen who becomes non-exec director By < SPEED printer Xpress Holdings has appointed a new chief executive and promoted a few senior executives to its board following the completion of former CEO Sam Chong Keen's two-year
      526 words
  • Page 5 Advertisements
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      124 5 LUXURY TOURS TRAVEL PTE LTD IHlfcx The Leading Operator ftiJiJLllA!^1) Established since 1985 100 Orchard Hd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxtur@singnet.com.sg Subsidiary: LUXURY COACH SERVICE Websile" www luxury cum so Member of NATAS 40 coaches available for chatter Singapore Malaysia Sh^lhi Cnachss Friendly Professional Service
      124 words
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      107 5 IP*- Hk^-v. X^V Ball™1 _m ,'-'N*w *t. M mW W\m- t Wa***** WrWZs?- _g*a* 9flmtam—^ iaßS i]jßttia__ mmmmSSm m M__\£_ww (:fk vW*r EJE laHttiit-Mii'Miimili'Mm __M W/AWmT/^A V ~Va-T/^xSXi**% BiiMiMillliillllßillillH I f TI toWaT^'k >\>^« r _r \t_r- )m '==i- JM itkr'JM f_§J~f<<> r>x>_ _f —^n fiJ \W______W :|ip:^ =CMT TUE'2B
      107 words
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  • Page 7 Advertisements
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      563 7 I *Footnote: Customers who trade at least 10 times per month (30 times per calendar quarter) qualify for the Power E*TRADE U559.99 commission schedule. Customers who have total assets over US$5O,OOO also qualify for U559.99 commission schedule. Other customers are subject to the standard schedule. General Terms Conditions: Promotion period:
      563 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon GROWING OLD GRACEFULLY
      2307 8 THIS WEEK'S TOPIC In principle, does the National Lifelong Income scheme address the needs of our ageing population? What more can be done to make the scheme even better? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd THE National Lifelong Income scheme should not be seen
      FILE photo;; FILE PHOTO  -  2,307 words
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  • Page 9 Advertisements
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      250 9 t^MindShare^ ATG New Rules .faw*Mm*M New R©l speakers: Mindshare ATG, in conjunction with media partners Singapore Press Holdings DrjeffreyCoie Director Research Professor, and CNBC, presents New Rules, New ROI a one-day forum poised to provide fort ueD?ualF^ ure; 1 USC Annenberg School for Communication an insight to the efficacy of
      250 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Rise in naphtha prices eats into refinery margins
      415 10  -  RONNIE LIM Its price has risen 40% since October as regional demand exceeds supply By A SPIKE in the price of naphtha has slashed margins at Asian petrochemical complexes that rely on the feedstock. But some like ExxonMobil in Singapore are less
      415 words
    • Article, Illustration
      Lock icon New Year, new ideas
      305 10  -  ARTHUR LEE By BANKS are going the extra mile to make their Chinese New Year gatherings for business clients special. Last Thursday, Standard Chartered organised a Valentine's Day-cum-Chinese New Year dinner for 200 of its Enterprise clients at the newly opened St Regis. Stanchart ordered more
      305 words
    • Article
      Lock icon You're invited to YOG result party at the Padang
      399 10  -  MIKE CHUA By IN three days' time, we'll know if Singapore gets to host the inaugural 2010 Youth Olympic Games. And the 700 or so companies which signed up to support the country's bid are all invited to the countdown party
      399 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Going for gold – the smart way
      1019 11 Going for gold the smart way How does one invest in gold? QUAH CHIN CHIN lists the various options available, but also sounds a cautionary note about entering the market now AN ANCIENT Chinese saying claims that "with gold, anything is possible". Indeed, men have always been fascinated with gold
      1,019 words
    • Article, Illustration
      Lock icon Lessons from a kachang puteh stall
      1033 11 CAMPUS LIFE SMU accountancy student and investor Loh Wei talks to JAMIE LEE about the nuts and bolts of investing IF LIFE were a box of chocolates, then investment would be a kachang puteh stall. That's according to Loh Wei, a sec-ond-year Singapore Management
      JOHN HENG  -  1,033 words
    • Article
      Lock icon Be smart with your finances
      204 11 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 11 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • DINING OUT
    • Article, Illustration
      Lock icon A quirky twist to East-West cuisine
      671 12  -  Geoffrey Eu NEW RESTAURANT Persimmon #01-07 The Link Hotel 50 Tiong Bahru Road Tel: 6227-2271 www.persimmon.com.sg ONCE upon a time, casual dining in Singapore was epitomised by places such as Mont DOr, a popular West-ern-style family restaurant along Orchard Road (when it was a
      JOHN HENG  -  671 words
  • Page 12 Advertisements
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      140 12 yfi^ From Ist January to 29th February 2008 only! Jm Travel is more than just A to B. Travel should whetjour appetite. A "culinary genius" according to Zggat. One of the "Ten Chefs of the Millennium" says Food Wine magazine. The Straits Times online subscription T his works Guest ChefSusur
      140 words
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  • DINING OUT WITH citibank
    • Article, Illustration
      Lock icon Sunday Roast lover likes Italian fling when wife's not cooking
      757 13  -  JAIME EE POWER Lunch By AS a child growing up in England, Stephen Mangham's parents dreaded feeding him. "My parents despaired of me because I was so picky and refused to eat so many things particularly vegetables," says the group
      I JOHN HENG  -  757 words
    • Article, Illustration
      Lock icon Poolside pleasures at St Regis
      472 13  -  Jaime Ec NEW RESTAURANT La Brezza St Regis Singapore 29 Tanglin Rd. Tel: 6506-6888 IF you belong to the ocularly-challenged set on whom romantic dim lighting is lost because you're constantly complaining you can't even read the menu, La Brezza in the day time is
      472 words
  • Page 13 Advertisements
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      29 13 Brought to you by cftibank ''pi Bfijf!? jo Your Citibank guide to gourmet pleasures this week J^ 1/ RET -tt-jfr Wig mfß| l;: ...:^.?jpiS| I wl I^^^ Wxl I
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      154 13 Continue your culinary journey with more cuisine treats from Citibank Goodwood Park Hotel Dim Sake Bar-15% off a la carte dim sum and cocktails Tel: 6730 1825 Coffee Lounge--1 complimentary degustation set menu with every 3 paying guests Tel: 6730 1746 Mandarin Oriental Singapore Dolce Vita-15% off food bill Tel:
      154 words
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  • ECONOMY WATCH
    • Article
      Lock icon A pat on the back for Fed from CEOs
      627 14 Reuters Aggressive rate cuts and the govt stimulus package will stave off recession, they say [FOßT LAUDERDALE, Florida] The Federal Reserve has done a good job of managing recent credit market turmoil and a slowing economy, the top executives of several
      ■ Reuters  -  627 words
    • Article, Illustration
      Lock icon Little respite seen in rising food prices
      840 14 AFP [HONG KONG] Rising food prices have hit Asia's poor so hard that many have taken to the streets in protest, but analysts see few signs of respite from the growing problem. An array of factors, from rising food demand and high oil
      AFP  -  840 words
    • Article
      Lock icon Signs of US stagflation will pass off, say economists
      543 14 -Re'iters Weakening demand will eventually cool inflation, they say [WASHINGTON] A clutch of distressing US economic data on Friday rekindled fears of *****-style stagflation, but the current bout of slow growth and rising costs should be short-lived. While there is little
      -Re'iters  -  543 words
    • Article
      Lock icon Think-tank urges Seoul to cut rates
      234 14 -AFP [SEOUL] An influential think-tank yesterday urged the central Bank of Korea to cut interest rates quickly to prevent market instability stemming from wide interest rate gaps with the United States. In a report published yesterday, the Korea Institute of Finance (KIF) noted that
      -AFP  -  234 words
    • Article
      Lock icon Iran sees higher growth despite sanctions
      455 14 Reuters Foreign investment at USslo.2b, debt ratio down: minister [TEHERAN] Iran's foreign debt ratio has declined and its economic growth is expected to increase, the economy minister said on Saturday, shrugging off the impact of international sanctions over Teheran's nuclear programme. "Sanctions have had
      ■ Reuters  -  455 words
    • Article
      Lock icon Price of oil for delivery in 2015 hits fresh high
      406 14 Reuters [LONDON] Oil for delivery in future years is extending record highs, a sign that investors are betting that supply concerns and other factors boosting the cost of crude are unlikely to fade soon. Oil for delivery in December 2015
      Reuters  -  406 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon PM Abdullah's statements causing uncertainty
      791 15  -  S JAYASANKARAN Some potential National Front candidates for polls kept guessing By in Kuala Lumpur PRIME Minister Abdullah Ahmad Badawi's enigmatic statements regarding potential candidates for Malaysia's 12th general election, scheduled for March 8, are driving even surefire aspirants to distraction, if not sleepless nights.
      791 words
    • Article
      Lock icon Astro bidding for UK's Virgin Radio: paper
      259 15 Reuters [KUALA LUMPUR] Malaysian pay-TV operator Astro All Asia Networks has joined the bidding to buy radio broadcaster Virgin Radio from British media group SMG Pic, the Telegraph newspaper reported yesterday. Astro, part of the business empire of Malaysian billionaire Ananda Krishnan, is
      Reuters  -  259 words
  • Page 15 Advertisements
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      288 15 ■IBiliiSilfHfflS 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
      288 words
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  • GREATER CHINA
    • Article
      Lock icon China, wary of social unrest, scrambles to contain food prices
      742 16 -AFP It wants to avoid mistakes of 1988 as inflation hits 10-year high of 6.9% [HONG KONG] Rocketing food prices in China have sown deep concern among the communist leadership, ever wary of social unrest, as they fumble to control
      -AFP  -  742 words
    • Article
      Lock icon PRIME LENDING RATES
      395 16 Feb 15 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank
      395 words
    • Article, Illustration
      Lock icon Li resigns from HK Cabinet after SEC probe
      445 16 AFP [HONG KONG] Prominent Hong Kong tycoon David Li has stepped down from the city's Cabinet two weeks after settling with US regulators over insider-trading allegations involving shares of Dow Jones. Mr Li, chairman of Bank of East Asia, Hong Kong's largest
      AFP; REUTERS  -  445 words
    • Article
      Lock icon Updated Confucius family tree set to be 3 times as large
      320 16 Xinhua [JINAN, China] He has been dead for 2,500 years but his family just keeps growing and growing Confucius or more properly his descendants are alive and well and flourishing in China and across the globe, according to the
      Xinhua  -  320 words
    • Article, Illustration
      Lock icon Olympics offering unique path to China market
      634 16 Reuters Companies eyeing China's increasingly rich consumers [BEIJING] When the world's greatest sporting and marketing event crosses paths with one of the best economic growth stories ever, the result could be the opportunity of a lifetime for corporate sponsors of the Beijing Olympics.
      Reuters; REUTERS  -  634 words
  • Page 16 Advertisements
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      592 16 FOOD MANUFACTURING PLANT Excellent range of recent BOC GASES cryogenic freezers, TIROPAC KOMET vacuum packers, LUTETIA vacuum massager, SCHRODER brine injector, PACMANN vertical FFS, CUTTMAN BIBUN ALPINA cutters, ALPINA continuous vacuum filler, KS parallel mixer, KAESER compressor system, large quantity of stainless steel fish cake formers, mixers, deep fryers, conveyors,
      592 words
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  • INDIA
    • Article, Illustration
      Lock icon Indian govt struggles to keep food prices down
      823 17 AFP Surge in global food prices hits millions of people in India [NEW DELHI] Anand's restaurant has served flat bread, lentils and vegetables to loyal customers every day for four decades but for the past year he's been on the receiving end
      AFP  -  823 words
    • Article
      Lock icon Global aerospace firms look for Indian partners
      406 17  -  SIDDHARTH SRIVASTAVA Outsourcing development work to India is the focus of Defence Expo By in New Delhi GLOBAL aerospace players, both civil and defence, are looking to India for outsourcing development work. This trend has been particularly noticeable at the New Delhi Defence
      406 words
    • Article
      Lock icon Disney to raise stake in UTV Software: report
      175 17 Reuters [MUMBAI] The Walt Disney Co plans to increase its stake in Indian media firm UTV Software Communications Ltd to 32 per cent, the Business Standard newspaper reported yesterday. The deal is estimated to be worth 13 billion rupees (*****.5 million), the
      – Reuters  -  175 words
  • Page 17 Advertisements
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      17 17 -»v j AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. ffiAT^^^L m^ 9 s%£°J
      17 words
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      Lock icon Page 17 Advertisements Column 2
      294 17 ASIA'S MOST POWERFUL tf/s<4^ "GLOBAL EPUPRENEUR PROGRAMME"! O p«^>lnybociy can earn $10,000 monthly Easily when you Discover our PROVEN TRADE SECRETS! No need to quit your job. 000 M MONEY BACK GUARANTEE* to make sure you succeed. P-rWlTiTyirTfrrarsnTMl Special Benefits ITTITTjT-TWTI BSo£!^^©iJ2£H33i7 Earn NOW Pay LATER* r^mCTj^fffgiMm^nrnflS^Etnffid3 "ZERO" payment First
      294 words
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  • MIDDLE EAST
    • Article
      Lock icon Gulf derivatives market to hit US$3b by 2010
      456 18 Bloomberg More investment banks seen moving into the region: Evolvence CEO [DUBAI] Equity derivatives trading in Gulf Arab states may grow into a US$3 billion industry by 2010 from almost zero now as investment banks move into the region, the chief executive
      Bloomberg  -  456 words
    • Article
      Lock icon Dubai arcade aims to boost pool of traders
      255 18 Reuters [DUBAI] Dubai Professional Trading Group, the Middle East's first trading arcade, said on Saturday it plans to identify talented individuals and turn them into tech-savvy derivatives traders. The group hopes its training programmes for promising apprentices will generate liquidity for regional
      – Reuters  -  255 words
    • Article
      Lock icon Revaluation of riyal may curb inflation
      405 18 Reuters But dropping of dollar peg not a solution: official [DUBAI] Revaluing the Saudi currency against the dollar could help tackle inflation at a near record peak, but severing the link to the dollar would not be a solution, a Saudi councillor was quoted
      Reuters  -  405 words
    • Article
      Lock icon Borse Dubai to consider Qatar's offer to buy its LSE stake
      222 18 -Bloomberg [DUBAI] Borse Dubai said it agreed to buy Qatar's stake in OMX AB and would consider an offer from its Gulf neighbour for a London Stock Exchange holding. State-owned Borse Dubai Ltd, which with Nasdaq Stock Market plans
      -Bloomberg  -  222 words
    • Article, Illustration
      Lock icon Licence plate fetches 52m dirhams
      446 18 Bloomberg [DUBAI] An Abu Dhabi licence plate sold for 52.2 million dirhams (5520.1 million) at auction yesterday, setting a world record and demonstrating the exceptional personal wealth in the United Arab Emirates' largest sheikhdom. Saeed Abdel Ghaffar Khouri, 25, bought the licence plate No 1,
      Bloomberg; AP  -  446 words
  • Page 18 Advertisements
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      116 18 EXCLUSIVEINTERVIEW:BehindIheBi(thoftheCanon4SOD V *i*tiPttiiß J^^^^^^^^^^^ W S^^S^^^ H^V JL*4 ■■r V/^fc%^ 03 dill I ii. ard-»vaneMAG» Ihe Power to Decide V-''l fll^A^^l JB CP Mvl IS II 4 II Trends Innovations M I%^ yß^^ —^J, tk^mm^^ ALima qi I vfinip n iiQ l.^aniT OUI luUl Id WRlt I Srience! I food
      116 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Australia increases scrutiny of sovereign wealth funds
      431 19 Reuters It will study if prospective investor operated at arm's length from its govt [SYDNEY] Australia said it will study more closely investments into the country from funds owned by foreign governments, joining a host of countries which have called for greater scrutiny
      ■ Reuters  -  431 words
    • Article
      Lock icon Iran launches its first oil products bourse
      300 19 AP [TEHRAN, Iran] Iran established its first oil products bourse yesterday in a free trade zone on the Persian Gulf Island of Kish, the country's oil ministry said. A statement posted on the ministry's website said 100 tons of polyethylene consignment was traded
      AP  -  300 words
    • Article, Illustration
      Lock icon Investors looking for some clarity on the economy
      780 19  -  ANDREW MARKS WALL STREET INSIGHT Focus on consumer price report, results of retail giants By. in New York AFTER somewhat of a comeback week for US stocks following the previous week's heavy losses, investors will be forgiven if they feel as though
      REUTERS  -  780 words
    • Article
      Lock icon Commodity prices hit Japan's foodmakers
      891 19 -AFP [TOKYO] Japanese producers of tofu, one of the country's traditional foods, are being squeezed by high global grain prices as they struggle to maintain profits while keeping down costs for consumers. Major corporate food producers began a fresh round of price hikes this month,
      -AFP  -  891 words
    • Article, Illustration
      Lock icon 2008 not necessarily like 2007: UBS
      425 19 Reuters [ZURICH] ÜBS AG does not expect 2008 to be a year like 2007, when the Swiss bank wrote down US$lB billion in bad credits and posted the first loss since its creation, its chief executive was quoted as saying yesterday. "I view the
      – Reuters  -  425 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      124 19 Stock name Close Change Cai i Land 6.320 +0.120 Cai iMall 3.120 +0.040 Cit' 12.200 +0.180 Cosco Con 4.650 +0.170 DBS Gn 17.900 +0.600 FSN 4.960 +0.030 Gent Intl 0.635 +0.005 HKLand 4.400 +0.050 JSH 16.020 +0.120 Jardine CSC 20.900 +0.400 tod name lose lange Kei
      124 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      101 19 MAIN Up Down Uncli SDQ Up Down Uncli TOTAL Up Down Unch Multi Ind 14 3 1 0 0 0 14 3 1 14 Manufacturing 135 62 36 33 168 71 42 Commerce 56 16 10 15 71 24 11 r/C. ms 33 34 Finance 28 29
      101 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 19 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 124,060 124,060 601,261 601,261 Manufacturing 1,690,715 415,383 2,106,098 1,587,998 62,188 1,650,186 Commerce 435,090 25,090 460,180 375,931 5,209 381,140 662,122 4,066 666,188 1,936,125 1,531 1,937,651 Finance 236,250 67 236,317 2,243,608 13 2,243,621 Construction 479,536 134,489 614,025
      124 words
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  • WORLD
    • Article
      Lock icon More job cuts ahead for Wall Street banks
      564 20 Reuters US financial services firms eliminated more than 52,500 jobs in the second half of last year [NEW YORK] Wall Street investment banks, stung by debt losses, have cut tens of thousands of jobs, but even more significant cuts are coming in
      – Reuters  -  564 words
    • Article
      Lock icon Things aren't looking good for US Lasik clinics
      480 20 -Reuters Cosmetic treatments feel the pinch of economic downturn [CHICAGO] A weakening US economy is taking a small swipe at American vanity, with Lasik vision correction procedures down and other cosmetic treatments and surgeries slipping. Although analysts say a recession would have
      -Reuters  -  480 words
    • Article, Illustration
      Lock icon Qingdao receives rapturous welcome
      449 20 QINGDAO finally arrived at her home port yesterday to a rapturous welcome from hundreds of local supporters and media representatives, who flocked to the Olympic Sailing Centre to greet the Chinese entry in the Clipper 07-08 Race. Skipper Marcus Cholerton-Brown and his crew were received like
      Photo: ONEDITION  -  449 words
    • Article, Illustration
      Lock icon UK minister questions bumper City bonuses
      377 20 Reuters [LONDON] Britain's finance minister, Alistair Darling, criticised the size of bonuses paid in the financial services industry saying most people in the country were "fed up" with the large payouts. In an interview with The Daily Telegraph published on Saturday, Mr Darling said
      Reuters; REUTERS  -  377 words
    • Article
      Lock icon Risk specialists in greater demand
      165 20 -Reuters [LONDON] The demand for financial risk professionals is rising, as are their bonuses, as banks draw conclusions from the credit crisis and a trading scandal at a French bank, a recruitment firm said last Friday. The demand for risk specialists is up by 65
      -Reuters  -  165 words
    • Article
      Lock icon STOCKS ASIA
      2753 20 Transaction date: Feb 15 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day I0NG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade
      2,753 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon US aviation safety programme in jeopardy, say airlines
      550 21 -AP This follows judge's order requiring disclosure of pilot incident reports [WASHINGTON] Airlines and pilot groups say they may be forced to curtail a critical US federal safety programme after a federal judge's order requiring a regional carrier to disclose pilot incident
      -AP  -  550 words
    • Article, Illustration
      Lock icon LA-Sydney airfares expected to head south
      491 21 -AP More competition seen following US, Aussie aviation pact [LOS ANGELES] Travel between Sydney and Los Angeles, considered one of the world's more popular but most expensive routes, soon may get more competitive for airlines and less expensive for passengers. After a decade of
      -AP; REUTERS  -  491 words
    • Article
      Lock icon Emirates to test RFID baggage tracking
      347 21 Bernama [DUBAI] Emirates Airline has announced that it will invest about two million dirham (*****,154) in the latest radio-frequency identification (RFID) technology to improve its baggage handling ability. The airline is partnering London Heathrow, Dubai International and Hong Kong International airports to test RFID's
      Bernama  -  347 words
    • Article
      Lock icon Aerospace industry launches magazine
      290 21  -  YEN SREENIVASAN By [SINGAPORE] The Association of Aerospace Industries (Singapore), or AAIS, is launching its very own magazine to cover the aerospace industries in Singapore as well as the region. The inaugural issue of the publication, Aerospace Singapore, will coincide with the Singapore Airshow which begins
      290 words
    • Article
      Lock icon Tanker rates stay low
      143 21 Bloomberg [NEW YORK] Rates to transport oil from the Caribbean on Aframax tankers were little changed, close to a four-month low that may be the bottom for the market, broker Galbraith's said. Rates, which touched a three-year high of WS 450 on Dec 19, are down
      Bloomberg  -  143 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2486 21 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: =innair Oy (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 Corpn (EVA),
      2,486 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      290 21 CRYPTIC CROSSWORD ACROSS 7 Bad end in Iran once chang- I ing rule (9) 881 Uj I^BSI IWI Innrhl /C.\ I I I I 10 Rotten gripped by punk in U| |U§ W Hi HI 11 Disciplinarian demands neat trim turn out (8) |HE| [Hj IHN^^Hil [B [HI i^B 12
      290 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7325 22 Transaction date: Feb 15 52-wks Tel |h Low Code Com[ Last Sale Vol t'ooo) Hi. Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii 5716 1st Software 22 6.5 3148 STelecom fol 98 S sf°sTb 30 13.5 1938 AEI Corp 26
      7,325 words
    • Article
      Lock icon SGX XTRANET
      61 22 Hi. Low Code Com Sale COOP) Hi. Low Bu< Seller C'vr P/E 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO US200d US6200 US1000 US***** 250 SO 100 100 ***** ***** 6170 SPDRS 398.3 297.5 6009
      61 words
    • Article
      Lock icon SGX CATALIST
      2193 22 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 30 11.5 1181 s AAGrp 41.5 18 5000 sABRHIdgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 38 27
      2,193 words
    • Article
      Lock icon CLOB INTERNATIONAL
      258 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      258 words
  • Page 22 Advertisements
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      29 22 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Jm |h 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. l^^^^^B Internet: Http://www.audemarspiguet.com H
      29 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Fell 15 World Index Preliminan 1015.9 -1.0 -10.2 -1.3 -11.5 -0.9 -9.8 t EAFE Preliminan 985.0 -1.2 -12.1 -1.3 -12.8 -0.9 -11.0 Eun Preliminary 1346.3 -1.7 -12.8 -1.9 -14.2 -1.5 -12.6 Pacific
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      134 23 As at 9am Feb 15 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2700 1.2850 Can dollar 1.4090 1.4260 Euro 2.0620 2.0860 NZ dollar 1.1050 1.1270 jterlin iund 2.7740 2.8060 US dollar 1.4090 1.4250 Local dollars to 100 units of foreign
      134 words
    • Article
      Lock icon INTERBANK RATES
      162 23 Feb 15 fer Bii Overnight 1 1/8 1-month 1 5/16 2-months 1 3/8 3-months 1 1/2 Overnight mode: 11/16 US$ Offer 1 1 3/16 1 1/4 1 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months Sfr 3.13 3.18 3.15 3.13
      162 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 23 Feb 15 Sett ten nil 10. STI SIMSCI Feb 370 381 379.8 Taiwan Feb 303.1 309.5 309 Source: MF Global (S) Pte. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Feb 15 s: Bid Offer 1-month 1.4108 1.412 2-months 1.4086 1.4099 3-months 1.4071 1.4084 6-months 1.4025 1.404 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 23 Feb 15 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2791 1.2808 0.9052 0.9057 Canadian dollar 1.4158 1.4176 1.0019 1.0024 Euro 2.0702 2.0722 1.4650 1.4653 NZ dollar 1.1130 1.1147 0.7876 0.7882 Sterlim 2.7791 2.7819 1.9667 1.9671 US
      155 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      353 23 Feb IS OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 97.115 97.570 97.705 97.650 0 0 0 0 ***** ***** ***** 6158 EUROYEN FUTURES MarO8 99.150 99.160 JunO8 99.275 99.275 SepO8 99.375 99.375 DecO8 99.375 99.375 MarO9 99.310 99.330B JunO9 99.265B SepO9 DecO9
      353 words
    • Article
      Lock icon SICOM FUTURES
      288 23 Feb 15 KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 Oct/Dec 08 394.75 396.50 396.75 396.75 396.75 396.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      288 words
    • Article
      Lock icon CHICAGO BOT
      102 23 Feb J5 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low MarO8 1373.75 1368.00 1386.50 1358.00 May 08 1391.25 1385.50 1404.50 1376.50 Jul 08 1402.50 1394.75 1412.50 1386.50 Aug 08 1388.00 1382.00 1388.00 1372.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low MarO8 58.57 58.16 58.76 57.88 May
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS Feb 14 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 94.84 2.07 WTI (Near Mth) 95.47 2.21 Dubai (1-Mth F) 89.18 0.5 Tapis blend 99.45 0.7 Minas 95.25 0.4 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 93.57 110.10 0.67 2 US$/barrel Opec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 23 Feb 15 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.904 6.502 0.618 7.061 35.894 82.975 0.980 8.557 2.917 1.149 57.125 36.852 1.280 6.870 0.994 28.735 29.468 0.460 0.905 Canada 1.107 7.196 0.684
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 23 Feb 15 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****T 15.05.08 1-Year BY*****A 29.09.08 1.32 1.38 1.3 1.3 1.3 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year
      90 words
    • Article
      Lock icon SIBOR
      73 23 Feb 15 (US$) (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 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.*****
      73 words
    • Article
      Lock icon PALM OIL
      65 23 Feb 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 08 3530 3475 3530 3468 1408 6571 Apr 08 3544 3484 3544 3474 8625 ***** May 08 3544 3480 3544 3475 3259 ***** JunO8 3517 3477 3524
      65 words
    • Article
      Lock icon PRECIOUS METALS
      134 23 Feb 15 /oz) Hong Kong London 907.00 909.00 908.00 910.00 Feb 14 Feb IS 911.10 908.00 912.00 908.90 Source: Reuters CAST BAR (S$) Feb IS Buying Sellim Kilobar "44,456.36" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
      134 words
    • Article
      Lock icon LONDON METALS
      71 23 Feb 15 iriti iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2783.00 2770.50 3 months 2820.00 2806.00 Copper, Grade A (US$/tonne) Cash 3 months 7751.50 7730.00 7699.50 7680.00 Lead (US$/tonne) Cash 2979.00 3 months 2970.00 3023.80 3015.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      71 words
    • Article
      Lock icon LIFFE
      77 23 Feb 15 COCOA (Btonne) Close Prev Hii ih/Low Mar 08 1287 1278 1309/1285 May 08 1312 1307 1335/1310 JulO8 1335 1330 1358/1335 SepO8 1330 1320 1352/1330 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2336 2324 2417/2336 May 08 2358 2356 2450/2358 JulO8 2377 2373 2467/2381 SepO8 2383 2381 2475/2392
      77 words
    • Article
      Lock icon BONDS & WARRANTS
      3894 23 BONDS WARRANTS Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left >058 Advance Modules GrpW*****3 4 -1.5 200 >036 Advance SCT Ltd W*****9 12.5 1 809 S747 Allgreen RB ECW*****1 1 0.5 400 >835 Allgreen RBeCW*****6 1 0.5 120 )092
      3,894 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      2849 24 Shipping Times A B^fl KPP fc I WAN HAI INTERNATIONAL PTE LTD (RN0:**********0/R V^v ■k^^P'J HvJ&KSSSjtSSifI Etß^lCCTO'ftcjg %>- ■.■_*> TEL *****588 (14 LINES) FAX:*****163 1 V ±/-Tlllltf±Vl 11 PmP^PmiSPIHI HiSnwßMSlrrlMraiEwli V\\M 1 IA/AM HAI ILMpN Customer Service/Bookings DircrtUnc-(1800) *****200 A^^l ■nM^UUjK^K&HS^^^M HffiaWpWKelPlwPvlw \l 'i WWf^ll I 1 1\ I LlllLJ
      2,849 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      3246 25 V^^ZlS^O^ |> Et^itkg)Mfc^ik^»,» Jjyw If' I'm-*- .JZISSi'■' i IJ]^^^^^^^^ L__________________|__J (5, F—*e '-1%?;«** \3P!"-~ ITliUtf «?a IpUttUUtt^B M vov RomnKTi ljujwukt) sin pkl pnn m lcb btu ij^i^jjj^^^y^jy^i^y^gj^lAUil -""i=* j/jEiPW I' I Tgj f* j I GARDENIA ACE 41 10 19/02 20/02 ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD
      3,246 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2858 26 El 19 El 19 H I I ANDERSEN I [wai glqry NAVIGATION RROIIpI IMI north west express line ®,&*a-t.j&w%f*.<£>*3 MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES (SINCE 1970) HP* SI I VESSEL I VOY Singapore Frenianlle Cocos Island Christmas Island Pasir Gudang OWNS OPERATES THE YOUNGEST
      2,858 words
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      Lock icon Page 27 Advertisements Column 1
      3195 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SINDesl/nName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      3,195 words
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  • BizIT
    • Article, Illustration
      Lock icon interTouch in US$150m S'pore buy
      829 28 Acquisition of Magi Net will help the NTT DoCoMo subsidiary become a top tech provider to hotels, writes AMIT ROY CHOUDHURY AHEAD of the much-antici-pated Formula One race later this year and the opening of the Integrated Resorts (IRs) a bit further down the road,
      829 words
    • <what's new>
      • Article, Illustration
        Lock icon Autodesk upgrades 3D modelling software
        91 28 COMPUTER-AIDED design (CAD) software vendor Autodesk has upgraded its 3D modelling, animation and rendering software 3ds Max 2008 with two new flavours. The 3ds Max 2009 targets designers in the gaming, film and TV industries and includes a software development toolkit (SDK). The 3ds Max
        91 words
      • Article, Illustration
        Lock icon ProCurve launches new range of switches
        70 28 HP business unit Pro Curve, which makes networking equipment for enterprises, has launched a new range of switches that lets IT departments manage VoIP and UC applications, as well as wireless access points and security cameras. The new Pro Curve Switch 2610 Series comes
        70 words
      • Article, Illustration
        Lock icon New Epson projectors repel dust and smoke
        83 28 EPSON has announced a new range of ceiling-mountable projectors that can guard against the image-degrading effects of dust and smoke accumulation. Aimed at auditoriums and public spaces, the EMP-6110 and EMP-6010 repel dust and smoke particles through an electrostatically charged smoke filter. The
        83 words
      • Article
        Lock icon Fujitsu enters SaaS fray
        87 28 JAPANESE IT hardware and services company Fujitsu has entered the software-as-a-service (SaaS) segment with a suite of service offerings and new SaaS partner programme. Its offerings are divided into three categories. The first, SaaS Platform Services, comprises basic services that form the foundation of a SaaS
        87 words
    • Article, Illustration
      Lock icon Mobile broadband revs up to fixed-line speeds
      720 28  -  WINSTON CHAI MOBILE WORLD CONGRESS Telstra to ramp up HSPA network to 42 Mbps in 2009 By in Barcelona SINGAPOREAN authorities are trying to boost broadband bandwidth by building a new Internet highway, but a regional mobile operator is upping Internet access speeds
      720 words
    • Article, Illustration
      Lock icon Battle royale for touchscreen mobile phones
      579 28  -  WINSTON CHAI By in Barcelona LOCAL operators may still be deadlocked in discussions over Apple's iconic iPhone but consumers hoping get their hands on a touchscreen alternative will have no shortage of options come later this year. While all segments of the telco industry
      579 words
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      Lock icon Frontline deal flags off Sun's new franchise business
      644 29  -  ONG BOON KIAT New business model will help Sun Micro grow fast in emerging markets By ENTERPRISE IT systems vendor Sun Microsystems has unveiled a new "fran-chise-like" business model to help it move faster into new emerging markets. And helping to flag
      644 words
    • Article
      Lock icon Sun to hire 300 new staff in Asia-Pacific region
      233 29  -  ONG BOON KIAT By STRIKING while sales are hot, Sun Microsystems will hire as many as 300 new employees over the next three months to beef up its operational strength in the Asia-Pacific region. Explaining why such an urgent headcount increase
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    • Article
      Lock icon Amazon's data storage system in blackout
      225 29 -AP [SEATTLE] Several companies lost access to their own files when Amazon.com Inc's pay-as-you-go data storage system went down. Amazon said computers that power its Simple Storage Service were unreachable at one of three data centres for about two hours on Friday. By 7am
      -AP  -  225 words
    • <what's up>
      • Article
        Lock icon Free security resource directory available
        67 29 SECURITY certification and educational body International Information Systems Security Certification Consortium or (ISC)2 has released the latest edition of its security resource handbook. The book provides a global listing of security-focused associations, events, websites, publications and educational institutions. The 132-page book can be downloaded as
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      • Article, Illustration
        Lock icon New regional country manager at NETGEAR
        67 29 NETWORKING equipment vendor NETGEAR has appointed 15-year industry veteran Ben Chua as its regional country manager. He will be responsible for the company's growth in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as manage NETGEAR's channels in the region. Prior to joining
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      • Article
        Lock icon SingTel launches new mobile plan
        103 29 SINGTEL has launched a new mobile plan, called RedPAC, where both parent and child can share the bundled minutes of talktime, as well as SMS, on the parent's subscription plan. Now available at a special introductory price of $8.56 a month, the plan applies to
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      • Article
        Lock icon Asia is top spam continent: report
        100 29 ASIA has overtaken North America as the world's top spam-relaying continent, according to a new report from security firm Sophos. From October to December last year, 32.1 per cent of the world's spam came from Asia, with Europe contributing 27.1 per cent and North
        100 words
    • Article, Illustration
      Lock icon Cisco records robust Q2 growth in S'pore
      973 29  -  AMIT ROY CHOUDHURY Growth in line with the 23% it recorded in APEJ region By COMPUTER networking major Cisco posted robust double-digit growth in Singapore in the fiscal second quarter ended Jan 26. This was in line with its overall performance in the
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    • Article, Illustration
      Lock icon US video game sales hit US$1.18b
      419 29 Reuters [SAN FRANCISCO] US sales of video game hardware and software were US$l.lB billion in January, with Nintendo Co Ltd's Wii console keeping a slim edge over rivals amid ongoing supply constraints. Overall sales fell 6 per cent, partly due to January 2008 covering
      Reuters  -  419 words
  • Page 28 Miscellaneous
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      134 29 In the Matter of The Companies Act, Cap.so And In the Matter of HONG SHEE PTE. LTD. (In Creditors' Voluntary Liquidation) (Co. Reg. No. *****4028K] NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of
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  • BizIT FOCUS: TALENT MANAGEMENT
    • Article, Illustration
      Lock icon Time to pay top dollar for talent in Asia
      888 30  -  WINSTON CHAI Asia as a low-cost Utopia with an abundance of labour is long gone: report By ASIA'S projected economic growth is widely expected to help companies cushion companies against the slowdown in the West. However, instead of saving on manpower
      AP  -  888 words
    • Article
      Lock icon Virgin Atlantic reaps benefits from adopting e-recruitment system
      529 30  -  ONG BOON KIAT By BANISHING recruitment paperwork has helped Virgin Atlantic save big and while improving its hiring process. Since adopting a company-wide e-recruitment system last year, UK's second-larg-est airline has managed to slash the length of its hiring process by half.
      529 words
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      75 30 Step Stone** J|^^ J Integrated Total Talent Management Software I &lt;». /Ib^^B FIND, RECRUIT, RETAIN, DEVELOP Wqpm M ,j^ H^ft Attraction Sourcing k \^J Screening Selection m^^ Onboarding V W^ V HR Management W mSI Performance Management L Compensation Management A W A Skills Competency Management l^J m^ Career Succession
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      12 30 This series is brought to you by Step Stone Solutions Step Stone
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  • Singapore Airshow 2008
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      Lock icon ASIA SOARING HIGH
      873 31  -  YEN SREENIVASAN By THE latest industry forecast by European plane maker Airbus, released last week, provides an interesting backdrop to one of Asia's biggest aerospace trade events the 2008 Singapore Airshow which will be formally opened tomorrow morning by Prime Minister Lee Hsien Loong. More than 30,000
      873 words
    • Article, Illustration
      Lock icon All set for Asia's largest airshow
      679 32 jimmy lav explains the hard work it has taken to make Singapore's vision of an all-new airshow a reality THE scene is set for the opening of Asia's biggest-ever aerospace trade event the 2008 Singapore Airshow. On Tuesday morning, Prime Minister Lee Hsien Loong
      FILE PHOTC  -  679 words
    • Article, Illustration
      Lock icon Growth brings more challenges
      1034 34 Giovanni bisignani looks at the challenges and responsibilities Asia faces as it grows to become the largest single market for aviation CHANGE is the only constant in aviation these days. Just as the industry posted its first profit since 2000 US$5.6 billion last year oil prices
      FILE PHOTO; AFP  -  1,034 words
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      Lock icon Exec jets are coming, but is Asia ready?
      2360 36 Financial institutions and governments in Asia have still to wake up to the great potential business aviation offers, says prithpal siimgh TALK to most people in Asia about executive jets and the immediate response is "Oh, that's for the rich and famous!"
      FILE PHOTO  -  2,360 words
    • Article, Illustration
      Lock icon Being good stewards of the environment
      1024 37 The environmental performance of aircraft involves deliberate effort and is not just a by-product of aircraft design, writes BILLY GLOVER WITH commercial aviation growing in terms of number of planes operating and passengers taking to the skies, international airports and business and holiday destinations
      1,024 words
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      Lock icon On a good Bombardier run
      773 38 World's 3rd-largest commercial plane maker sees good prospects in the Asia-Pacific, reports imisha ramchaimdaimi THE prising open of the skies over Asean, stubbornly high fuel prices and the growing need for narrow-body aircraft capable of landing and taking off at numerous smaller airports around the
      773 words
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      Lock icon Rolls-Royce revving up greening of aero engines
      791 38  -  RIC PARKER By FOR a rapidly-growing proportion of the world's population, transport is the route to a new future. Each year, millions of people, particularly in fast-developing nations in Asia, turn to aviation to meet work and leisure needs. Aviation does create CO2
      791 words
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      Lock icon Embraer sees Asia demand for 70-110 seat jets
      627 40 Brazilian plane maker seeks to drive the market for its ERJI4S regional jet family platform in the region, writes george Joseph WHEN compared to the likes of manufacturing giants Airbus and Boeing, Brazilian aircraft maker Embraer might be seen as a small
      627 words
    • Show dates and opening hours
      • Article
        Lock icon TRADE DAYS
        34 40 Feb 19 1200-1700 hrs Feb 20-22 0930-1700 hrs ADMISSION TICKET $50/day;slso/4-day pass Tickets can be bought at registration gateway or online at www.singaporeairshow.com.sg Trade days are for trade visitors and professionals only.
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      • Article
        Lock icon PUBLIC DAYS
        31 40 Feb 23-24 0930-1700 hrs ADMISSION TICKET $20 (adults); $8 (under 12) Tickets can be bought in advance at all Sing Post outlets and SAM machines or online at www.singaporeairshow.com.sg
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      • Article
        Lock icon FLYING DISPLAYS
        130 40 Feb 19 1230-1400 hrs Feb 20-24 1215-1345 hrs PARKING Only cars with labels will be allowed on site. Labels are available online from www.singaporeairshow.com.sg for $50 per entry. Visitors can also park at Singapore Expo and take the shuttle bus from Expo MRT Station at $5 per trip.
        130 words
    • Article, Illustration
      Lock icon Where virtual meets reality
      430 41 SIAEC's simulation classroom cuts cost and gives a real cutting edge, reports vehi sreenivasan LATE last year, the world witnessed history in the making as Singapore Airlines' giant A3BO took off from Changi on its inaugural commercial flight to Sydney. Since then, SIA has taken delivery
      430 words
    • Article
      Lock icon Asia's new tussle over airports
      471 41 THE national and regional airport hub argument does not carry the same weight now in the Asia-Pacific region as it did a decade ago. Rather, a portfolio of airports, serving different market segments and airline models, is becoming the way forward for policy makers, airport
      471 words
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      31 31 To fully appreciate the beauty of how Rolls-Royce advanced technology is delivering business benefits for our customers we recommend a visit to the Singapore Airshow. Trusted to deliver excellence 11 Rolls-Royce
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  • Page 31 Miscellaneous
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      31 31 CONTENTS All set for Asia's largest airshow P2 Growth brings more challenges P4 Is Asia ready for executive jets? P6 Good stewards of the environment P7 Greening of aero engines P8
      31 words
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      74 32 Very Important People are coming to a Very Important Place «H l^^L w A Joint Partnership by: Supported by: Official Airline: Official Broadcast Official Media Partner: Official International Official Newspaper: Supporting Publications: Official Time: Official Car: Media Partner: Newspaper: ost^ lEDB jqs SPRING _J^_ c ?V_ HmlbStferitiunc THH STRAITS TIMES
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      182 33 b^^^ It Abb Take indulgence to a whole new level. For those who have always dreamt of taking to the skies, The Flying Club will put you behind the controls of the latest Cessna aircraft. We'll teach you to fly it so that you can take off for idyllic holidays
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      1226 35 BT ADVERTORIAL SKY IS THE LIMIT: Speed is of the essence right through the DHL Exel Supply Chain. For example, a part can be ordered and out the warehouse door in 30 minutes waiting for the next available flight DHL helps them fly high DHL Exel Supply Chain has the
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      81 41 \I) I■• M k mm wS^M e| BETWEEN PARTNERSHIPS PROMISED AND PARTNERSHIPS ACHIEVED, THERE IS ONE IMPORTANT WORD: HOW. In a world that continues to change dramatically, governments increasingly seek to accomplish their most vital goals by working with advanced technology companies from around the globe. Building and sustaining partnerships
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