The Business Times, 23 February 2008
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2008-02-23
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The Business Times
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Title Section21 2008-02-23 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 February 23-24,2008 online at http://business-times.asial.com.sg21 words
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Article, Illustration614 2008-02-23 1 MISHA RAMCHANDANI - US$l3.4 billion and flying as Spore Airshow makes its mark MISHA RAMCHANDANI Record number of exhibitors vow to return and give new venue thumbs-up By [SINGAPORE] With a new brand and a virgin venue, the Singapore Airshow managed to soothe the nerves and smash records at the same time. ItJOHN HENG - 614 words
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661 2008-02-23 1 NISHA RAMCHANDANI - NISHA RAMCHANDANI Local firms may be offered second-tier sponsorship at YOG 2010: Teo Ser Luck By [SINGAPORE] Local outfits could be catapulted to the world stage as Singapore plans to use the 2010 Youth Olympic Games (YOG) as a platform to raise their brand profiles.661 words
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MARKETS DIGEST
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Article47 2008-02-23 1 n< iam 1 COMP 1,369.48 -25.28 IIKKEI 225 13,500.46 -187.82 IANG SENG 23,305.04 -317.96 SET INDEX 826.86 -0.27 JAKARTA COMP 2,741.18 +6.97 1ANILACOMP 3,080.24 -95.82 ;eoulcomp 1,686.45 -17.91 iHENZHEN B 631.61 -15.05 IUMBAI IND 17,349.07 -385.61 11AM EDT 12,213.31 Change -70.99 )OW IAS DAI 2,279.32 -20.4647 words
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Article29 2008-02-23 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.798 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.44 INDIA 12.50 Source:Bloomberg - 29 words
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Article40 2008-02-23 1 IS$ (S$ ier US$) 1.407 (US$/S$ ii 1.965 2.765 :uROi ;us$/s$/e; 1.481 2.084 'EN 107.30 76.20 3.217 2.286 N<$ 7.797 5.541 !AHT 32.35 22.99 IUPIAH 9,174 6,520 IENMINBI 7.143 5.077 INDIAN RUPEE 39.93 28.38 1.086 0.772 IZ$ 1.245 0.88540 words
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Page 1 Advertisements
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Advertisement39 2008-02-23 1 T7 yxSR FT OjlCVi.^- 1 WtWmJ w *S de Sede 65 Mohamed Sultan Road. Singapore *****3 Tel: 6734 3425, 6235 3221 Fax: 6235 3762 Opening Hours: Mon-Sat 10.30 am 7.30pm Sun Public Holidays 11am 7pm Email: singapore_sales@lemerciers.com www.lemerciers.com SINGAPORE39 words
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Page 1 Miscellaneous
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Miscellaneous36 2008-02-23 1 W^jf Ife FOOD PERFUMES, MOTORING **^^jd JL Eat your way COSMETICS %Oc Rolls-Royce Phantom's Investor and more C^^l DBS Group chairman Koh Boon Hwee on his multiple roles as private investor, corporate leader and educationist w36 words
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TOP STORIES
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437 2008-02-23 2 UMA SHANKARI - UMA SHANKARI But the price of carbon credits varies across regions and must be worked out By [SINGAPORE] Singapore should look at imposing a carbon tax as it strives to make its construction industry more sustainable, the chairman of the World Green437 words
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523 2008-02-23 2 ARTHUR SIM - ARTHUR SIM By [SINGAPORE] Capita Land has entered a joint venture with Australian subsidiary Australand to establish a pan-Asian development platform in the industrial and logistics sectors. The joint venture will identify suitable development sites for projects, in523 words
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THREE-MINUTE DIGEST
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69 2008-02-23 2 SEMBCORP Marine, the world's second-largest builder of offshore drilling rigs, yesterday posted a 99.2 per cent per cent plunge in fourth quarter net profit to $792,000, no thanks to the "unauthorised transactions" of former finance head Wee Sing Guan. Group turnover rose 0.4 per69 words
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69 2008-02-23 2 LOCAL stockbroker Kirn Eng Holdings saw its share price rise 10 per cent on news that Mitsubishi UFJ Securities is offering to buy an 11 per cent stake. The stock, which featured among the 10 most actively traded yesterday, ended69 words
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50 2008-02-23 2 PETRA Foods yesterday reported a net profit of US$4.5 million for the three months to Dec 31, down 32.9 per cent from the previous year. Revenue for the fourth quarter was up 70.6 per cent at U*****.8 million. COMPANY NEWS, PAGE 750 words
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43 2008-02-23 2 Perfumes Cosmetics sales at Changi hit $220m TRAVELLERS spent more than $220 million last year at the 18 Perfumes Cosmetics stores at Changi's Terminals One and Two. Terminal Three now has six Perfumes Cosmetics stores, opened by Nuance-Watson (Singapore). SINGAPORE NEWS, PAGE 843 words
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59 2008-02-23 2 THE Ministry of Health (MOH) is looking to involve the private sector more in the nursing home sector through the start of a competitive bidding system for subsidised beds. Currently, only eight out of the 30 private nursing homes offer subsidised places under59 words
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66 2008-02-23 2 MOST new developments in the Kuala Lumpur city centre area trumpet their proximity to the prestigious Petronas Twin Towers as a selling point. The Oval GuocoLand Malaysia's "twin-elliptical residential towers" claim to be that, and more. And come its official launch this May66 words
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70 2008-02-23 2 INDIA appears well on course for matching or even beating its federal fiscal deficit target for this financial year and pushing for an even smaller shortfall next year thanks to the country's rapid economic growth. But analysts say these figures don't provide the70 words
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85 2008-02-23 2 THE teddy bears selling for US$l.4O each in Shanghai's Ikea store may be just about the cheapest in town, but they're not made in China they're stitched and stuffed in Indonesia. The fluffy brown toys reflect a new challenge for China: its85 words
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83 2008-02-23 2 The majority of Americans fear that the US economy and national security could be hurt if sovereign wealth funds, the investment arms of foreign governments, put more money into US companies, new data show. US voters do not want these funds, which83 words
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Article, Illustration596 2008-02-23 2 LAT-WP Big bucks are on the line despite the low-profile nominees this year [HOLLYWOOD] This year, the advertisers are better known than the movies. After being threatened by the Hollywood writers' strike, the 80th annual Academy Awards telecast will roll on Sunday (Monday,– LAT-WP; Media by Numbers, AP Graphic - 596 words
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Page 2 Advertisements
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Advertisement567 2008-02-23 2 IN THE MATTER OF THE COMPANIES ACT, CAR 50 A AND j/\ IN THE MATTER OF SINGTEC PROPERTIES PTE. LTD. (IN MEMBERS'VOLUNTARY LIQUIDATION) SWISS BlltChery Extract of the Minutes of an Meat Sausage Specialist Extraordinary General Meeting of MihuuMinMq SINGTEC PROPERTIES PTE. LTD. held on 18 February, 2008 the SwiSS567 words
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THE RAFFLES CONVERSATION
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Article, Illustration1610 2008-02-23 3 'In a service industry you must do all of the things that you're doing just a little bit better than the competition. The seats have to be a little more comfortable, your cabin crew has to be a little bit more helpful and polite, your aircraft have to beJOHN HENG - 1,610 words
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730 2008-02-23 3 EDUCATION has always been a big thing for DBS Group Holdings chairman Koh Boon Hwee, who is also chairman of the Board of Trustees of Nanyang Technological University (NTU). But while the education system here is, in his words, "one of the greatest achievements730 words
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Page 3 Advertisements
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Advertisement106 2008-02-23 3 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the ""■"—v tT^\ world's top hotel brands in the 2006 Conde 3 y~v I I I s^\f^ Nast Traveler Business Travel Awards, "^k If" Raffles Hotels Resorts is a collection of A106 words
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Page 4 Advertisements
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Advertisement27 2008-02-23 4 W'M Ik II I I ill I j^^^^"- -^^^^hiJ^h j v^^L' KOHHI r i j rJ,| i j n -111 P.p.] J_p*j 111' n ;Vf *j jlT^^^^B27 words
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COMPANY NEWS
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Article, Illustration630 2008-02-23 4 CONRAD RAJ - CONRAD RAJ Even the Q4 sees a net profit despite 'unauthorised transactions' By DESPITE having to provide for the "unauthorised transactions" of former finance head Wee Sing Guan, Sembcorp Marine, the world's second-largest builder of offshore drilling rigs, reported a remarkably fine set of630 words
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567 2008-02-23 4 ARTHUR SIM - ARTHUR SIM CAPITALAND achieved a record performance in 2007, with full-year net profit soaring 172.5 per cent to $2.76 billion, from $1.01 billion the year before. Revenue increased 20.5 per cent to $3.79 billion, from $3.15 billion in 2006. The stellar performance was attributed to567 words
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Article, Illustration191 2008-02-23 4 CAPITALAND, which had harboured ambitions to commission renowned architects like Daniel Libeskind and Frank Gehry to design its proposed integrated resort projects here will now get to work alongside Zaha Hadid. UK-based Ms Hadid won the coveted Pritzker Architecture Prize in 2004. Her most191 words
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Article, Illustration562 2008-02-23 4 R SIVANITHY - R SIVANITHY STOCKS AFTER the excitement of the previous week during which the Straits Times Index (STI) enjoyed a 156-point bounce, this week was much more sombre as US recession fears reared its head while oil crossed US$lOO per barrel. For the most part, trading562 words
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225 2008-02-23 4 HENRY Ngo's Bonvests Holdings yesterday posted group net earnings of $113.8 million for the year ended Dec 31, 2007, more than double the $50.7 million (restated) net earnings the preceding year. The increase came on the back of an $85.7 million gain on225 words
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429 2008-02-23 5 CHOW PENN NEE YEN SREENIVASAN - CHOW PENN NEE YEN SREENIVASAN Buyer to pay 166 m in cash or $2.70 per share; Kirn Eng's stock jumps 10% By and LOCAL stockbroker Kirn Eng Holdings saw its share price rise 10 per cent on news that Japanese429 words
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589 2008-02-23 5 ONG BOON KIAT - ONG BOON KIAT By MEDIA group Singapore Press Holdings (SPH) yesterday announced its latest digital initiative a free interactive English Web TV service called The Straits Times Razor TV, which will be launched by July. Delivering a combination of live and on-demand video589 words
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Article256 2008-02-23 5 Full year ended Dec 2007 CapitaLand 2759.31 1012.68 172.5 3792.70 3147.73 20.5 Wheelock 273.49 297.88 nm 380.89 471.91 nm SembCorp Marine 240.99 238.39 1.1 4513.12 3545.05 27.3 HawParCorp 156.08 107.09 45.7 119.33 119.68 -0.3 Transpac 133.02 63.65 109.0 187.98 113.00 66.4 Bonvests 113.80 50.73 124.3 297.78 291.00256 words
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Article101 2008-02-23 5 LETTER TO THE EDITOR WE refer to the article, "Reunion of sorts for ex-Citibankers" (BT, Feb 22). We would like to clarify our CEO David Conner's response when asked by a journalist at OCBC Bank's 2007 final results briefing what Mr Conner thought of101 words
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336 2008-02-23 7 CHEW XIANG - CHEW XIANG But revenue rises 70.6% to USs236.Bm; EPS at 0.85 US cents By PETRA Foods yesterday reported a net profit of US$4.5 million for the three months to Dec 31, down 32.9 per cent from the previous year. While revenue was336 words
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COMPANY BRIEFS
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40 2008-02-23 7 SUPERBOWL Holdings' net profit has quintupled to $19.8 million for the year ended 2007, due mainly to a gain on property sale at Balestier Road. Group revenue eased 0.8 per cent to $18.9 miUion.40 words
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52 2008-02-23 7 HOSEN Group has warned that it will report considerably lower net profit for the year ended 2007, due mainly to additional provision for doubtful debts and depreciation for the group's existing office and warehouse building. Hosen said it still expects to be profitable52 words
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Article48 2008-02-23 7 LINK Hi Holdings said it is expecting a loss for H2 2007, although it expects to remain profitable for full year 2007. It cited factors such as the increase in operational costs, and the tax rebate removal on welded steel pipes.48 words
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41 2008-02-23 7 GUOCOLAND yesterday said some directors have received from the vendors of the Beijing Dongzhimen project, a notice containing allegations related to the company's ownership in the subsidiary which owns the project. The company is investigating the matter.41 words
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344 2008-02-23 7 KALPANA RASHIWALA - KALPANA RASHIWALA APOLLO Enterprises plans to give shareholders a 75 cents per share special dividend when it completes the sale of Apollo Centre. The counter ended eight cents higher at $2.63 on the stock market yesterday. The $205 million sale of Apollo Centre on344 words
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421 2008-02-23 7 MATTHEW PHAN - MATTHEW PHAN By MAINBOARD-LISTED Federal International is building what it says will be Singapore's first third-party-owned cogeneration plant, and is seeking to obtain over 180,000 carbon credits a year from the project. The project was announced at a stakeholders meeting with government agencies421 words
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489 2008-02-23 7 KALPANA RASHIWALA - KALPANA RASHIWALA By WHEELOCK Properties (Singapore) is likely to hold off launching Orchard View at Angullia Park for sale until next year, when the project is slated for completion. The company had earlier indicated that the development would be launched some time489 words
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Page 5 Advertisements
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Advertisement41 2008-02-23 5 ~^mi 111 A Mazda Motor Kampong Ampat (MacPherson) Tel: 6395 8888 Village Credit Chun Tin Court (Bukit Timah) Tel: 6665 7227 Opening Hours: 9am 7pm (Monday to Saturday) 10am 7pm (Sunday and Public Holidays) *Terms and conditions apply. Specifications may vary.41 words
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PERSONAL INVESTMENT
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Article958 2008-02-23 6 ' UMA SHANKARI - UMA SHANKARI Singapore Exchange Feb 22 close: $8.79 GOLDMAN SACHS, Feb 22 WE downgrade SGX to "neutral" as we believe slowing growth and high inflation in Singapore (our economists recently lowered GDP growth estimates), coupled with US recession/credit market turmoil, will likely dampen market sentiment, turnover and SGX's958 words
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Article344 2008-02-23 6 Selected SGX companies with high cash holdings SHORT BUSINESS NAME CASH OR NET NEAR CASH EQUITY (S$'M) (S$'M) MARKET VALUE NET SHARE PREMIUM/ OF EQUITY OR ASSETVALUE PRICE (DISCOUNT) MARKET CAP PER SHARE (S$) TONAV (S$'M) (S$) OPERATING CASH FLOW COMPANY'S P/EBITDA PE ASSESSMENT NEXT OF344 words
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Article, Illustration1148 2008-02-23 6 TEH HOOI LING - TEH HOOI LING SHOW ME THE MONEY IN THE thick of the Asian financial crisis, some listed companies were actually trading below their net cash value; in other words, the leftover cash in their bank accounts after paying off all their liabilities was1,148 words
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BT SHARE INFORMATION SERVICE
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727 2008-02-23 6 Trans Date Shareholder/ Director Sell Conv Shares '000 Price Per Shr$ Before ('000] J(j After C000) Stock Avi-Tech Elec 21-Feb-08 Lim Eng Hong Buy 200 0.27 ***** 22.67 ***** 22.73 SimLianGrp 21-Feb-08 Kuik Ah Han «Buy 361 0.58 *****5 61.18 *****6 61.25 C&OPharm 21-Feb-08 Leo Star Dev727 words
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Article205 2008-02-23 6 COMPANY MEETING PLACE DATE TIME Sincere Watch E Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard Suntec City, Level 3, Meeting Room 314 Singapore *****3 25-Feb 10.00am Shanghai Asia E Grand Hyatt Singapore (Magnolia Room 3) 10 Scotts Road Singapore *****1 25-Feb 10.00am Adroit Innovations E Room205 words
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Page 6 Advertisements
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Page 7 Advertisements
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Advertisement2191 2008-02-23 7 ADVERTISEMENT FIRST TIME IN SINGAPORE! BRAND-NEW WEALTH SEMINAR BY AN UNUSUAL "ACCIDENTAL MILLIONAIRE" PVMPM|UP|MRJ HUmPHM PV PHi)PBBIW!i!l!IR!l PR It's all true, every bit of it warts and all. The good, the bad, the Now I'm not suggesting that I'm going to show you how to become a squillionaire JPsmHwHSSSI ugly...Wre2,191 words
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Advertisement25 2008-02-23 7 AUDACITY BUSINESS CONSULTING Making A Move To Make Your Business From The Crowd Ist come Ist served availability Register: wee.marina@gmail.com Stating: > Name > Designation > Company > Industry25 words
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SINGAPORE NEWS
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Article, Illustration593 2008-02-23 8 CHEAH UI- HOON - Perfumes Cosmetics sales at Changi hit $220m CHEAH UI-HOON Nuance-Watson, the owner, opens 6 outlets in T3, adding to its 18 in Tl, T2 By EVER been cooped up in an airport and decided that retail therapy was the best way to pass the time? Then you're not alone, because593 words
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227 2008-02-23 8 Planes will yield strong returns, says CEO of Bank of China unit LOCAL aircraft leasing company BOC Aviation yesterday announced a contract with Airbus for the firm order of five A330-200F cargo aircraft at the ongoing Singapore Airshow. This is the first time227 words
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261 2008-02-23 8 PRIME Minister Lee Hsien Loong has donated $300,000 from his pay hike last year to fund awards for students and schools. Two awards will be given out from next year. The first, the Lee Hsien Loong Award for Special Achievement, will be261 words
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Article7868 2008-02-23 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.909/ Star Europe Bond 1.189/ Star Europe Bal 1.155/ Star Asian Tiger Eqty 1.449/ Star Asia Bond 1.213/ Star Asia Balanced 0.99/ Star Global Technology Fund!** 0.191/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.86/ Gib Multi St USD7,868 words
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Article368 2008-02-23 9 CHEN HUIFEN - CHEN HUIFEN The European life sciences firm's investment in Spore now hits USs2om By EUROPEAN life sciences firm Qiagen has opened a Singapore service centre that completes its round-the-clock support network for global customers. "With this investment, we can better respond to the needs of368 words
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338 2008-02-23 9 CHEN HUIFEN - CHEN HUIFEN MOH eyes more private sector involvement By THE Ministry of Health (MOH) is looking to involve the private sector more in the nursing home sector through the start of a competitive bidding system for subsidised beds. Existing nursing home operators may338 words
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Article, Illustration276 2008-02-23 9 WEE JUN KAI - WEE JUN KAI By COCA-COLA Singapore has produced 201,000 limited-edition cans of the famous soft drink to celebrate the country's successful bid to host the inaugural Youth Olympic Games (YOG) in 2010. The cans will go on sale along Orchard Road tomorrow for276 words
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289 2008-02-23 9 LAN POH - LAN POH By THE Charity Council has developed and launched on its portal a Governance Evaluation Checklist which, when completed electronically by charities and Institutions of a Public Character (IPCs), would reflect an organisation's self-assess-ment of its level of compliance with the Code of289 words
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Page 9 Advertisements
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Advertisement42 2008-02-23 9 The Straits Times is proud to be the *J Official Newspaper of Singapore Airshow 2008 Open to public: 23 24 February, 2008 9.30 am 5.00pm Changi Exhibition Centre, 9 Aviation Park Road Ticketing info: www.singaporeairshow.com.sg I SINGAPORE m THE STRAITS TIMES J42 words
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MALAYSIA
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588 2008-02-23 10 PAULINE NG - PAULINE NG Average RM1.500 psf price lower than some nearby properties, says CEO By in Kuala Lumpur MOST new developments in the Kuala Lumpur city centre area trumpet their proximity to the prestigious Petronas Twin Towers as a selling point. The Oval GuocoLand588 words
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130 2008-02-23 10 AFP [KUALA LUMPUR] Malaysian women have been told to remove their nail polish on election day on March 8 or face having it stripped off by election officials, a report said yesterday. Election Commission secretary Kamaruzaman Mohamad Noor saidAFP - 130 words
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Article, Illustration303 2008-02-23 10 ■AP [KUALA LUMPUR] Malaysia's weak opposition savoured a moral boost yesterday when one of its most prominent figures reversed her decision to pull out of next month's general elections. Government leaders have said Fong Po Kuan's announcement that she was abandoning politics earlier■AP; SIN CHEW JIT POH - 303 words
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Article8671 2008-02-23 10 Transaction date: Feb 22 High Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98 6389 ABF SG Bond ETF 30 13.5 1938 AEICorp 26 7.5 1100 AEM 42 16.4 2101 APOil 1418,671 words
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INDONESIA
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Article, Illustration432 2008-02-23 11 -AP The firm may seek outside arbitration if negotiations collapse [DENVER] Newmont Mining Corp, one of the world's largest gold producers, is working to resolve a contract dispute with Indonesia but said on Thursday it may seek outside arbitration if negotiations collapse. The Indonesian-AP; BLOOMBERG - 432 words
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SGX
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Article60 2008-02-23 11 VOLUME Auston 90,665,000 IPCO Intl 56,746,000 Yangzijiang 33,385,000 Golden Agri 32,785,000 Jasper 32,200,000 SinoTechfib 30,955,000 Magnus 28,073,000 DBS DB eCWOBO72I 18,478,000 ChinaAniH 18,355,000 Sing Tel 18,247,000 Clob VALUE (S) UOB 119,189,801 SGX 107,305,140 DBS Grp 107,150,732 Sing Tel 69,413,160 Cosco Corp 62,597,420 Capita Land 47,951,490 STX PO60 words
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Article99 2008-02-23 11 CLOSE UP JMH 3040 337.6 8.6 UOB 1868 38.0 2.1 <§l ii Con 1068 26.0 2. SPC 721 26.0 3.7 Creative Tech 702 20.0 2.9 Kim Eni Hide 222 20.0 9.9 OCBCBk 4.5%NCPS 100 ***** 20.0 0.2 Land 684 20.0 3.I DBS Bk 6% NCPS 10 ***** 18.0 0.299 words
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Article112 2008-02-23 11 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN Jardine C&C 2060 -68.0 -3.2 JSH 1558 -59.1 -2.6 China H 10US$ 1705 -46.4 -1.9 Venture Con 1050 -36.0 -3.3 DBS Gr| 1790 -30.0 -1.1 SGX 879 -26.0 -2.9 DBS MBL iCW*****0 530 -23.0 -4.2112 words
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Article90 2008-02-23 11 Up Down Unch 8 7 2 Up Down Unch OOP Up Down Unch 8 7 2 Multi Ind Manufacturini 69 70 49 10 14 73 80 63 Commerce 16 29 20 J9^ 33 27 )t/Stor/Comms 15 16 17 18 Finance Jl JM J3_ 14 lonstruction Pro] 1090 words
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Article120 2008-02-23 11 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 14.366 14.366 73.394 73.394 Manufacturing 276.846 28.449 305.295 256.259 4.403 260.662 Commerce 59.680 1.904 61.584 57.703 383 58.086 83.341 128 83.469 261.099 43 261.142 Finance 49.405 35 49.440 411.329 411.335 Construction 103.305 43.527 146.832 19.221 3.692 22.913 |roi 40.768120 words
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Article48 2008-02-23 11 Stock name Close Change CapitaLand 6.180 -0.090 fev" .osco .orp mp lerv Ian fine" Fppel .orp Fppel .am mp Stock name Close Change Olam 2.610 -0.050 :ngg bl bngg J37D -U.IWU bembLorp Ind 4.940 +0.110 JerrTl TaT >mg EaT lai leverage I mar 'angzijiang48 words
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Article2080 2008-02-23 11 BONDS WARRANTS Tel Code Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left >an; #ArianeCorp Ltd W*****9 2878 Aztech Systems W*****6 1 6 -0.5 974 0.5 103 1 5 1 51 133 4.08 22 29 3879 Capitaland BNP ECW*****2 4082 Capitaland BNP2,080 words
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Article2278 2008-02-23 11 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 offer2,278 words
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Article82 2008-02-23 11 52-Wk Tel h Low Code Last Sale Vol cooo) Day th Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil Ml Coi Ml 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****82 words
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Article78 2008-02-23 11 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Com] >am Hii 141 87 6000 AVJennings 21.5 5.5 6134 Over&Gen 60.5 19.5 6017 StarCruises 320 181 6019 TanChonglnt A88 A12 IS24.5 IIK240 unch unch78 words
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INDIA
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Article, Illustration681 2008-02-23 12 -Reuters But analysts say these figures don't provide the complete picture [MUMBAI] India appears well on course for matching or even beating its federal fiscal deficit target for this financial year and pushing for an even smaller shortfall next year thanks to the country's-Reuters; REUTERS - 681 words
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580 2008-02-23 12 Reuters [NEW DELHI] India's government is likely to extend tax breaks on personal income and cut duties on consumer goods in its annual budget as it looks to boost spending and revive slowing growth before general elections due by May 2009. Analysts– Reuters - 580 words
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215 2008-02-23 12 Reuters [NEW DELHI] Indian inflation ticked up to 4.35 per cent in early February, a six-month high, and analysts said with the impact of higher fuel prices to come interest rate cuts anytime soon were unlikely despite slowing growth. Official data released yesterday showed– Reuters - 215 words
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Article2296 2008-02-23 12 VOL ('000) :eb22 RM A&M Realty 0.68 AbricBhd 0.23 Advance Synergy 0.15 Adventa Bhd 1.29 Ae Multi Hldgs 0.27 Win Holdings 2.09 Ahmad Zaki Resou 1.29 AicCorp 0.64 \irasia Bhd 1.53 Akn Technology 0.58 Alliance Financi 2.95 Aluminium Co 1.08 Amalgamated Ind 0.51 \mmb Hldgs Bhd 3.70 Amtel2,296 words
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Page 12 Advertisements
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Advertisement29 2008-02-23 12 TraveTlwith f^U^s W 2 **v>s{ t« won. ■^BBBJ PURE FUN only on |9 B 3FM WWW.RAttIO9IB.COM ■"^^^P Registerbefor^l Marchon I Terms and conditions apply, -seeMore-KnowMore GaMo,e-| I IWIWIW** wm/f*^tWWl29 words
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GREATER CHINA
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Article, Illustration61 2008-02-23 13 AP rBEIJING] Canada's Reuben Ross (left) and Riley McCormick compete in the men's 10-metre synchro platform preliminaries at the 16th FINA Diving World Cup in Beijing's National Aquatics Centre yesterday. The Diving World Cup is a test event for the venue, known as the Water Cube, whichAP - 61 words
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217 2008-02-23 13 -AFP [HONG KONG] Higher food prices drove Hong Kong's underlying inflation rate up to 4.3 per cent year-on-year in January, official figures showed yesterday. The inflation rate was 3.2 per cent year-on-year in January but a government rates concession-AFP - 217 words
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432 2008-02-23 13 Reuters Proposal is still at an early stage but media reports alarm Shanghai bourse [BEIJING] China's insurance watchdog is considering an accounting shift that might leave insurers with less money to buy stocks, but it has no intention of adopting the change forReuters - 432 words
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175 2008-02-23 13 Reuters [BEIJING] China will announce a revamp of the telecoms sector by early March, which when completed will leave the country with three industry giants able to provide a full range of services, state radio reported late on Thursday. The long-awaited shake-up, seen– Reuters - 175 words
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Article245 2008-02-23 13 Reuters It exported 6.2b euros worth of phones from the region in 2007 [BEIJING] Nokia, the world's top mobile phone maker, exported 6.2 billion euros (5512.9 billion) worth of phones and equipment from the greater China region in 2007, up 30 per cent from theReuters - 245 words
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556 2008-02-23 13 -AP Rising costs hit its competitive edge, forcing some firms to relocate overseas [SHANGHAI] The teddy bears selling for US$l.4O each in Shanghai's Ikea store may be just about the cheapest in town, but they're not made in China they're stitched and-AP - 556 words
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210 2008-02-23 13 -AFP, Xinhua [BEIJING] Four people in China were on trial yesterday over the country's biggest case of making fake receipts for tax claims that were worth nearly Ss2lo billion, state media reported. A factory in south-west-ern Guizhou province had churned out more than-AFP, Xinhua - 210 words
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Page 13 Advertisements
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Advertisement126 2008-02-23 13 Super Fine Indo Persian, Fine Indian Jaipur Woolen, Afghan Turkoman, 10ft x Bft, $3000 7ft x sft, $900 7ft x sft, $850 YES, ITS TIME FOR A CUT. Here's something to lift the mood of the market. Hassan's Carpets is happy to offer a generous cut on carpet prices. We've126 words
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ASIA-PACIFIC/WORLD
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Article, Illustration467 2008-02-23 14 Reuters, Bloomberg SWF CONCERNS Voters do not want them to buy stakes in high-tech firms, key sectors: poll [BOSTON] The majority of Americans fear that the US economy and national security could be hurt if sovereign wealth funds, the investment arms ofReuters, Bloomberg; AFP - 467 words
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151 2008-02-23 14 -AP [WASHINGTON] More Americans believe China, not the United States, is the world's top economic power, according to an opinion poll. The Gallup World Affairs survey found that four in ten Americans say China's economy leads the world; only 33 per cent picked the United-AP - 151 words
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261 2008-02-23 14 AFP [BEIJING] China yesterday warned that heightened US and European scrutiny on the investments by emerging nation's sovereign funds has increased trade frictions and will hurt the global economy. "Countries like the United States and those in the EU also strengthened their scrutiny overAFP - 261 words
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464 2008-02-23 14 Reuters Sale of showbiz trade magazine part of cost-cutting plan [LOS ANGELES] Daily Variety, the venerable show business "trade" magazine and Hollywood fixture for over 70 years, was put up for sale on Thursday as part of a cost-cutting plan by its parentReuters - 464 words
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363 2008-02-23 14 Reuters [CANBERRA] A scandal involving a female city planner on a "mission for sex" in return for approvals of high-rise buildings is threatening to engulf Australia's biggest state government. An undercover sting by anti-corruption investigators uncovered a web of affairs involving a 32-year-old town– Reuters - 363 words
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Article, Illustration528 2008-02-23 14 ANTHONY ROWLEY - ANTHONY ROWLEY By in Tokyo JAPANESE Prime Minister Yasuo Fukuda will attend a bilateral summit meeting in Seoul on Monday with South Korean President Lee Myung Bak, within hours of the new president's formal inauguration. The meeting is designedAP - 528 words
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Page 14 Advertisements
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Advertisement16 2008-02-23 14 Ift 4*os. I Lianhe Zaobao I Western I China I beckons I financial institutions nP^IE En16 words
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MOTORING
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Article, Illustration414 2008-02-23 15 Production of the Rolls-Royce Phantom Coupe will start this summer and Singapore buyers can expect delivery of their cars by the end of the year, writes SAMUEL EE THE new Rolls-Royce Phantom Coupe will cost slightly less than the $1.8 million convertible version when it arrives here414 words
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Article, Illustration219 2008-02-23 15 Samuel Ec - Samuel Ec A Ferrari Formula One car made an early pitstop here before September's Singapore Grand Prix, courtesy of Shell. The oil company is a technical partner of the Italian Fl racing team and is celebrating its 61st year of collaboration. As part of the219 words
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Article, Illustration583 2008-02-23 15 SAMUEL EE - SAMUEL EE By ECO-CLOTHING and the iPhone may be the latest fads but if you want to be really hip, there is perhaps no trendier accessory than a fashionable car. For now, the new Mini Clubman could be it. Like the Mini after it was re-invent-ed583 words
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GOLF
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Article, Illustration1300 2008-02-23 16 Passionate about both tennis and golf, Robbie Henchman has come a long way after joining IMG in 1995 as a fresh graduate, writes JUSTINE MOSS HE MAY spend all his working and many non-working days immersed in everything to do with golf at International Management1,300 words
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Page 16 Advertisements
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Advertisement618 2008-02-23 16 Wine&dine with weekendßT Chatterbox High Tea delicacies at Lobby Lounge. Sip our gourmet to Friday from 12pm to 2.30pm. High tea on Saturday, that will leave you wanting more. From now till end of 333 Orchard Road, Meritus Mandarin Singapore, c? ffee or te n a fo, r perfect finish618 words
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WELLNESS
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Article, Illustration895 2008-02-23 17 [f one thinks colon cancer cannot be prevented, one may be in for a surprise, writes CHEAH UI-HOON ONE commonly hears of someone or other dying from colorectal or colon cancer, so the impressions are formed that one cannot prevent colorectal cancer because itFILE PHOTOS - 895 words
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Article, Illustration529 2008-02-23 17 Ultra Shape delivers results similar to liposuction, reports CHEAH UI-HOON FOR those looking to lose that inch of flab but not willing to go for liposuction, there's now a noninvasive, focused ultrasound technology to blast away unwanted inches. The newest fat-busting technology to come to town529 words
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Page 17 Advertisements
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Advertisement7 2008-02-23 17 vStt ST t> POST YOUR AD WWW.ST7OI.COM7 words
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Page 17 Miscellaneous
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Miscellaneous334 2008-02-23 17 CRYPTIC CROSSWORD ACROSS 6 n can be raised for getting 1 It shows pressure or bias is upset about nothing (4) developing (6) 7 Admitting being the proprie--4 Subtle meaning but also tor? (6) an obvious one (8) 8 Noted mistakes in Latin (6) 9 Fan set out for tie334 words
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SHOPPING
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Article, Illustration900 2008-02-23 18 The smallest of the 4 fashion weeks, London, is perfect for talent-scouting the next big thing. And Autumn/Winter '08 more than delivers, reports MELISSA LWEE in London FORGET the big names when it comes to fashion. London Fashion Week (LFW) has proven that the way forwardREUTERS, BLOOMBERG; REUTERS - 900 words
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Article, Illustration994 2008-02-23 18 B&O and Samsung have unveiled the Serenata, a phone that lets you play all your favourite tunes with no compromises. CHRISTOPHER LIM reports NO matter what audiophiles say, you know you don't really want to carry both a mobile phone and an MP3 player994 words
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PERSONAL SPACE
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Article, Illustration1354 2008-02-23 19 Setting up a home in Singapore led one expatriate to open a furniture and lifestyle store, CHEAH UI-HOON discovers THE late 19th and early 20th shophouse continues to fascinate expatriates, and Craig Snyder, who was posted to Singapore by his US-based information technology services1,354 words
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THE BUSINESS TIMES Weekend
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Article, Illustration1524 2008-02-23 20 Gating healthy these days doesn't mean unimaginative vegetarian 'rabbit food' but luxe gourmet cooking ]hat appeals to your taste buds as much as it does to your cholesterol levels, writes JAIME EE AT close to 2 pm on Shenton Way, when the lunchtime crowd usuallyARTHUR LEE - 1,524 words
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916 2008-02-23 20 JAIME EE - JAIME EE By My Type Restaurant #01-29 Golden Shoe Car Park. Tel: 6226-5570. Open for lunch and dinner (last order for dinner at 8.30pm). Closed on Sundays. YOU know that you're not just in any restaurant when you walk into My Type,916 words
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Page 20 Miscellaneous