The Business Times, 25 February 2008

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Microfilm: NL28832
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIEMS SINGAPORE 85 cents online at http://business-times.asial.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REG NNO *****2868E MICA (P) 122/12/2007 Monday, February 25,2008
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  • Article
    Lock icon Firms see growth areas in CSR efforts: study
    479 1  -  MATTHEW PHAN 68% of bosses tap them to generate revenue, says IBM By [SINGAPORE] Corporate social responsibility (CSR) is no longer seen as just regulatory compliance or philanthropic effort. Many managers now regard it as a growth opportunity, with 68 per cent
    479 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      54 1 Weekly 3,048.64 lange -40.04 iT Index ICOMP 1,369.48 -57.71 IIKKEI225 13,500.46 -122.10 IANG SENG 23,305.04 -843.39 ;et INDEX 826.86 +0.21 JAKARTA COM P 2,741.18 +52.99 1ANILACOMP 3,080.24 -102.61 ;eoulcomp 1,686.45 -8.32 ;henzhen B 631.61 -24.55 IUMBAI IND 17,349.07 -766.18 )OW 12,381.02 +32.81 IAS DAI 2,303.35 -18.45 ;&P 500 1,353.11
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    • Article
      Lock icon PRIME RATES
      30 1 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:
      1 Bloomberg  -  30 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ )er US$) 1.407 (US$/S$ per 1.965 2.765 ;uro(us: i/S! i/E[ 1.481 2.084 'EN 107.30 76.20 3.217 2.286 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 1.245 0.885
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  • Article
    Lock icon Credit crunch boosts Sing dollar debt market
    815 1  -  SIOW LI SEN For firms fleeing volatile credit markets in the US and Europe, Singapore is an oasis By [SINGAPORE] Foreign banks and companies facing a liquidity squeeze from their traditional funding sources are turning to Singapore's debt markets for funds. The Singapore
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      3 1 8 *****1 *****4
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      92 1 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT PRIVATE BUSINESS CLIENTS At the centre of Asia's markets, At the leading edge. I IVI Ik il I «»< fl i *l I■m m m I H i fl H For more information: www.db.com. This advertisement has been approved and/ ~r unicated
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      71 1 V AVIATION BizlT COMMENTARY ■On r DINING OUT Rolls-Royce NetApp achieves 40% Jade, Frontline: Could W Abalonedone powers ahead Q3 growth in Spore halts have come earlier? S man<ways PAGE 18 PAGE 33 PAGE 4 ~!t> < *-n w PAGE 13 Who's who in executive search The hunt for managerial
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon US recession already here: Lehman strategist
        89 2 THE United States recession is already here, though some economists still argue about it, said Jack Malvey, Lehman Brothers chief global fixed income strategist. But it's really not that bad, and certainly not the end of the world. The good news is that the
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      • Article
        Lock icon Ooi family plans to hold on to Kim Eng stake
        92 2 WITH incumbent Kirn Eng's controlling shareholders the Ooi family and Taiwan's Yuanta Financial Holding refusing to sell their stakes, Japan's Mitsubishi UFJ Securities will have to accumulate the remaining shares it seeks in the Singapore-based stockbroking house from the broader
        92 words
      • Article
        Lock icon US recession could knock 1-2 points off growth: SM
        96 2 A US recession could knock "maybe one or two percentage points" off the growth of small, open economies like Korea or Singapore, but if a country gets the basics right, it can cope, Senior Minister Goh Chok Tong said during a
        96 words
      • Article
        Lock icon Islamic finance valuable but still untested: Fukui
        78 2 ISLAMIC finance is providing valuable resources and diversity to global financial markets but it has yet to be stress-tested in times of turbulence, Bank of Japan governor Toshihiko Fukui warned in Tokyo at the weekend. Mr Fukui also expressed concerns about the regulation
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      • Article
        Lock icon Centurion Bank deal worth up to 120b rupees
        67 2 A PROPOSED acquisition of Centurion Bank of Punjab by HDFC Bank, India's No 3 lender, is likely to be valued at 100 billion to 120 billion rupees (553.5 billion-554.2 billion), the Business Standard said yesterday. HDFC Bank agreed on Saturday to buy
        67 words
      • Article
        Lock icon Use of personal storage devices on the rise: IDC
        66 2 THE proliferation of online digital content has spurred the use of personal storage devices in Singapore and the region, according to a new survey by IT research agency IDC. The study shows that in the Asia-Pacific, excluding Japan, almost 50 per
        66 words
    • Article, Illustration
      Lock icon No arguing about it, US recession is 'already here'
      618 2  -  SIOW LI SEN It'll be over by end of 2008 but initial recovery mild, says Lehman strategist By [SINGAPORE] The United States recession is already here, though some economists still argue about it, said Jack Malvey, Lehman Brothers chief global fixed
      JOSEPH NAIR/THE STRAITS TIMES  -  618 words
    • Article, Illustration
      Lock icon Singapore to see increase in international arbitration work
      802 2  -  MICHELLE QUAH Plans to open up sector to lure more foreign participation By [SINGAPORE] The level of international arbitration work in Singapore is set to burgeon with latest measures to liberalise the legal industry here only serving as further impetus. Legal practitioners
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      162 2 nennle Give yourself H«„SfSyJ a break. WOrK call us. www.thepeopleatwork.com Asia-Pacific Executive Search The perfect complement to business a haven of comfort and privacy. ii..j jfiffF*a-* <fl v IT® Four Seasons Hotel "Welcome to a stylish sanctuary with prime Jakarta convenience. Bed Breakfast Relax in spacious, light-filled guest rooms. Swim
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  • Page 3 Advertisements
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      391 3 VJOH \il> LACE SA?ZtY a J-JSALTJ-] ADVIjOH'/ C O iVI jVI JTT H 5 More employees can look forward to safer and RnHTCTEHS healthier workplaces when six new sectors come under the Workplace Safety and Health (WSH) Act To take reasonably practicable measures to ensure the from 1 March 2008,
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  • COMPANY NEWS
    • Article
      Lock icon Jade, Frontline: Could halts have come earlier?
      624 4  -  R SIVANITHY THE subject of trading halts and suspensions is one that is steeped in grey areas and controversy, which make their regulation less straightforward than it might first appear. As it stands now, companies can halt trading in their shares for up
      624 words
    • Article
      Lock icon Ooi family plans to hold on to Kim Eng stake
      575 4  -  YEN SREENIVASAN Mitsubishi UFJ will have to look to free float to up its stake By WITH incumbent Kirn Eng's controlling shareholders the Ooi family and Taiwan's Yuanta Financial Holding refusing to sell their stake, Japan's Mitsubishi UFJ Securities will
      575 words
    • Article
      Lock icon At a glance
      340 4 Full year ended Dec 2007 year en 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 Haw Par Corp 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
      340 words
    • Article
      Lock icon Full-time score
      83 7 In the black 148 In the red 8 As of Friday, 156 SGX-listed companies had released their financial results for the full year ended December 2007. They recorded a combined 5518,582.3 m in group profits. The breakdown is as follows No with profits 148 I I No with
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    • Article
      Lock icon Dates of release
      245 7 Full year ended Dec 2007 Celestial Nutri Feb 25 Changtian Plastic Feb 25 China Auto Elec Feb 25 Golden Agri-Resources Feb 25 Huan Hsin Hldgs Feb 25 InnoTek Feb 25 Sihuan Pharm Feb 25 Synear Food Feb 25 UOI Feb 25 China Merchants (Pacific) Feb 26 Eastern
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    • Article
      Lock icon Unifiber inks deal with new partner
      410 7  -  MATTHEW PHAN USsB63m contract replaces CMEC with unit of MCC By UNITED Fiber (Unifiber) has cancelled a multi-mil-lion-dollar deal with China National Machinery Equipment Import Export Corp (CMEC) and, instead, awarded the US$B63 million contract to China Metallurgical Group Corp (MCC). The contract is
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    • COMPANY BRIEFS
      • Article
        Lock icon Genting posts $381.5m in losses
        48 7 GENTING International recorded losses of $381.5 million for the full year ended December 2007 due to a massive impairment of goodwill arising from its acquisition of Genting Stanley in 2006. Genting recorded a 156 per cent year-on-year rise in revenues to $749.4 million.
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      • Article
        Lock icon C&G FY07 net profit increases 22%
        54 7 C&G INDUSTRIAL, which manufactures functional yarns and polyester products, posted a 22 per cent year-on-year growth in net profits to 164.2 million yuan (5532.3 miUion) for FY2007, thanks mainly to higher revenues spurred by increased capacity, it said yesterday. Revenues rose 24 per cent
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      • Article
        Lock icon FibreChem FY07 net profit up 62%
        51 7 FIBRECHEM posted a 62 per cent surge in net profits to HK5538.6 million (5597.2 miUion) for the full year ended December 2007, as revenues rose 44 per cent to over HK$l.B billion. This was thanks to higher contributions from a newly commissioned long fibre
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      • Article
        Lock icon Hotel Royal earnings up sevenfold
        52 7 AN EXCEPTIONAL gain of $31 million supported a sevenfold rise in earnings for Hotel Royal, from $37.73 million in the year ended December 2007, compared to just $5.16 million the previous year. A generally stronger tourism climate led to revenues rising 7.1 per cent to
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      • Article
        Lock icon Hotung FYO7 net profits up 28%
        51 7 TAIWANESE venture capital fund Hotung Investment Holdings said that net profits rose 28 per cent to NT5465.82 million (nearly Ss2l million) in the year ended December 2007, thanks to higher venture capital divestments resulting in large gains. Revenues rose 8 per cent to NT$l.O9
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      • Article
        Lock icon PlastoForm losses at HK$28.3m
        45 7 PLASTOFORM Holdings, which makes niche electronic accessories like speakers, sank into losses of HK528.297 miUion (Sss.l million) in FY2007, from profits of HK554.04 million the previous year. Revenues declined 27.8 per cent to HK5360.71 million, due to decline in OEM orders.
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    • Article
      Lock icon PhillipCapital launches investor 'clubhouse'
      200 7 IN a move to bring financial services nearer the heartland, PhillipCapital's first investor hub at the city fringe was officially launched over the weekend. This hub, the first to be designed with a clubhouse concept, has a cafeteria, lounge area, meeting and presentation rooms, and even
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      40 4 See more of the world at less the price. Log on to zuji.com.sg today for great travel deals! 'I 111 PREFERRED CARD Brought to you by ■^1 r^^3 j^^n A TRAVEtOCITY COMPANY IF M^Jw^. uob cards Your online travel guru
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      3520 5 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER by Morgan Stanley MORGAN STANLEY ASIA (SINGAPORE) PTE. (Company Registration No. *****6298Z) (Incorporated in the Republic of Singapore) AND \2J Mitsubishi UFJ Securities (Singapore) MUFG MITSUBISHI UFJ SECURITIES (SINGAPORE), LIMITED (Company Registration No. *****2290 M) (Incorporated in the Republic of Singapore) for and on behalf
      3,520 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Another volatile week ahead with Wall St calling the shots
      716 6  -  R SIVANITHY STOCKS ACCORDING to the short and short-term version, volatility is set to remain high for the next few weeks, making this a market for short-term trad--1 ers. Wall Street newsflows will continue to call the shots and, between
      716 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      961 6 Legends US$; Rmb; HK$; A$; Pound; Rupiah; Yen; (SS) Euro; AA) Baht; RM; (See) Peso; AAA) Rs; NTS; (ad) Capital; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final
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    • Article
      Lock icon Oil leads the way as commodity prices hit new highs
      417 6 -AFP COMMODITIES [LONDON] The price of oil soared to an historic high above US$lOl last week, while gold and platinum also scored record peaks as speculators dived into already buoyant commodities markets. Prices of raw materials are surging on concerns
      -AFP  -  417 words
    • Article
      Lock icon Asian units mostly up against US$
      270 6 ■AFP CURRENCIES [HONG KONG] Asian currencies were mostly up against the greenback last week as concerns in the region continued that there will be a recession in the United States. Japanese yen: The yen gained ground slightly against the dollar in the past week,
      ■AFP  -  270 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1956 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advance SCT Ltd 1.50 1.50 2 6.55 9.70 1.69 0.63 Jlco Commercial REIT 1.75 1.60 4 7.00 12.00 1.27 0.83 .llgreen Properties Ltd 2.70
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 6 Feb 22 VALUE CLOSE 648.00+123.0 BT OB/OS BT CADI -*****.00 -55.00 BT 10-day MA -*****.00+65.00 FTSE ST Mid Cap 800.16 +0.77 FTSE ST Small Cap 714.00 +2.43 FTSE ST All Share 793.18 -0.56 FTSE ST China 567.41 -2.30 SiMSCI 375.99 0.38 SiMSCI Future 375.20 -2.00 PrimePartnersCI 186.58
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    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME Diqiland 236,258,000 Sapphire 193,267,000 Auston 171,945,000 Yanqzijianq 158,342,000 Golden Aqri 151,474,000 China Honqxinq 144,391,000 E3 Hlds 142,153,000 Synear 132,241,000 Ferrochina 108,995,000 Jade Tech 108,250,000 VALUE(S) DBS Grp 563,114,575 UOB 473,670,373 SingTel 365,990,220 SGX 347,845,346 CapitaLand 309,522,390 Keppel Corp 286,846,001 Cosco Corp 264,586,740 OCBC Bk 216,974,962 Yanqzijianq
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    • Article
      Lock icon RISES
      104 6 BY CENTS CLOSE UP 9324 441.6 3.5 GLD 10US$ JMH 3040 213.8 5.3 SPC 721 91.0 14.4 Venture Con 1050 65.0 6.' OCBCBk4.5%NCPS 100 ***** 60.0 0.6 Delom 335 56.0 20.1 UOB 1868 46.0 2.5 H Ro' 390 40.0 11.4 UOBMBLiCW*****0 601 40.0 7.1 Ferrochina 157 34.0 27.6 BY
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    • Article
      Lock icon FALLS
      121 6 Closing prices are in trading currencies, but absolute difference is in S$. BY CENTS CLOSE DOWN 1528 -74.0 -4.6 SIA 200 SGX 879 -70.0 -7.4 'arkwa' HI 293 -67.0 -18.' ISMSCI India 100 819 -61.9 -5.1 JSH 1558 -61.9 -2.7 SGXMBLiCW*****0 335 -55.0 -14.1 MOIL 190 -53.5 -16.7 At
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    • Article
      Lock icon CURRENCIES
      87 6 iere« S$ stands Feb 22 CHNG CLOSE FR Feb 21 YR 2008/07 S$ LOW S$ HIGH USS 1.4060 0.31 1.5479 1.4060® Euro 2.0873 -0.37 2.1639 1.9913 Pounds 2.7664 -0.68 3.1194 2.7390 AS 1.2982 -0.15 1.3555 1.1741 Yen* 1.3137 -0.59 1.3821 1.2285 Rupiah* 0.***** 0.37 0.***** 0.***** Baht* 4.3556 -0.09
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    • Article, Illustration
      Lock icon Uncertainty weakens three portfolios
      1503 8  -  TEH HOOI LING STOCKS in Singapore were generally weaker last week as there appeared to be no clear light at the end of the tunnel as yet. Three of our portfolios ended weaker with investors re-rating stocks as uncertainties in the market translate into the slowdown
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    • Article
      Lock icon Rise in sales by directors, substantial shareholders
      1183 8  -  ROBERT HALILI INSIDE MARKETS The bulk of the significant fund manager trades were disposals By THE buying remained low while the sales by directors and substantial shareholders rose again last week based on filings on the Singapore Exchange (SGX) from Feb 18 to
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 8 i Land 6.180 -0.090 lall 3.280 +0.030 :it' 11.740 -0.040 Con 4.210 -0.170 iBS Gn 17.900 -0.300 :SN 4.950 +0.120 lent Intl 0.620 -0.005 KLand 4.180 -0.080 ISH 15.580 -0.420 lardine CSC 20.600 -0.680 Kei Con 10.680 +0.260 Kei Land 5.990 +0.050 NOL 3.480 -0.140 loble
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      102 8 Up Down Undi Up Down Unch Up Down Unch Multi Ind 9 6 3 0 0 0 Manufacturini 109 79 51 11 27 11 120 106 62 Commerce 40 31 12 10 10 50 41 16 'St. >r/G ms 11 26 13 28 Finance 17 13 17
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 97,829 97,829 478,694 478,694 Manufacturing 2,019,641 317,639 2,337,280 1,887,897 52,125 1,940,022 Commerce 709,916 30,069 739,985 384,040 5,235 389,275 446,653 2,716 449,369 1,279,867 989 1,280,851 Finance 236,782 134 236,916 1,758,908 23 1,758,931 Construction 387,285 337,109 724,394 123,038 31,030 154,068 Pro]
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  • Page 7 Advertisements
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      43 7 The Real World Wide Web Meet MOL's shipping network. A real "world wide web"of containerships, car carriers, bulkers, tankers and LNG carriers over 750 vessels strong, and growing. Give your business global access with the shipping industry leader, MOL www.mol.co.jp Mitsui O.S.K. Lines
      43 words
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      44 7 v//sIaV RtS For enquiries, please contact MAJ Tan Mci Ling Chia Jia Da <3Hm* 6373 6236 6373 3214 I I 1 Wi£*JK @i*Es Take your business yr*^ beyond the boardroom M% fm> Vr <■* Chinese Restaurant j M 3iaWei^busin es 7^^^^^^^ I /^ome together pe*te^
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  • US recession could knock 1 -2 points off growth: SM
    • Article, Illustration
      Lock icon US recession could knock 1 -2 points off growth: SM
      548 9  -  MATTHEW PHAN Spore can depend on growth in China, India to sustain its economy, he says By A US recession could knock "maybe one or two percentage points" off the growth of small, open economies like Korea or Singapore, but
      548 words
    • Article
      Lock icon S'pore F&B exports to UAE up 67% to $171m
      280 9 SINGAPORE'S food shipments to the United Arab Emirates (UAE) jumped 67 per cent to hit $171 million in 2007, International Enterprise Singapore said yesterday. The republic's exports of food and beverage (F&B) products have more than doubled since 2005; and with
      280 words
    • Article
      Lock icon New Asia Business Centre for UC Berkeley
      583 9  -  WEE JUN KAI It will focus on partnerships with Asian universities By BUSINESS is often about connections, especially in Asia, and this is precisely what the University of California, Berkeley's Haas School of Business is boasting with the launch of its new Asian
      583 words
  • Page 9 Advertisements
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      188 9 "The World Top 01 The Bool" All Dzi stones possess the Mystic Power I of bringing Luck, Wealth SPeace.My Dzistonesareioo%^uthentiraK < Frustrated by slow network or Internet access in your office? M BS^ff^^S^^ffl^l Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the
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      68 9 What You Can See Depends on the Weather I I Zap this code now to view weather forecast details in selected cities in China. Zap to be a smarter traveller today. Code Number: *****01 A Zapping is easy. Just SMS "Zap" to ***** (*****401 for pre-paid users) to download the
      68 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon BALANCED BUDGET
      3371 10  -  THIS WEEK'S TOPIC How well does Budget 2008 address the business needs of your industry and the economic needs of Singaporeans generally? Is there more that can be done to fine-tune particular proposals? Danny Teoh Managing Partner KPMG AS anticipated, Budget 2008 reinforced the message that the government
      STOCKXPERT; STEPHANIE YEOW/ST  -  3,371 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Retire young, retire rich
      878 12  -  JASON LOW shares some tips on how you can turn this dream into reality ACCORDING to the annual world wealth report compiled by Merrill Lynch and the Capgemini Group last year, Singapore registered the fastest increase in the number of US-dollar millionaires in 2006. More than
      JACQUELINE PHUA  -  878 words
    • Article, Illustration
      Lock icon Girl power helps rebuild image
      745 12  -  CAMPUS LIFE NTU students come up with a PR strategy to boost the Boys' Town mission, WEE JUN KAI reports FINAL year students Crystal Neo, Jasmine Toh, Ng Xiuling and Grace Tay from the Wee Kirn Wee School of Communication and Information (SCI) at Nanyang
      FILE PHOTO  -  745 words
    • Article
      Lock icon Be smart with your finances
      204 12 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
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  • Page 12 Advertisements
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      46 12 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.
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  • dining OUT with citibank
    • Article, Illustration
      Lock icon Abalone done in all ways
      773 13  -  JAIME EE POWER Lunch By TO a layman, Goh Kai Kui has the best job ever. Imagine how, as CEO of food and beverage company Goh Joo Hin, he can celebrate Chinese New Year every day just by reaching into his office pantry and pulling
      ARTHUR LEE  -  773 words
    • Article, Illustration
      Lock icon The draw of good food in a quiet place
      702 13  -  Cheah Ui-Hoon Uluru 40 Duxton Hill, Tel: 6223-3654 IN the part of town that's better known for its neon-lit bars and wedding gown shops, Duxton Hill has become a genteel haven for those looking for good food and a quiet place.
      702 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Islamic finance valuable but still untested: Fukui
      630 14  -  ANTHONY ROWLEY But the Asian crisis proved its strength, counters Bank Negara's Zeti By in Tokyo ISLAMIC finance is providing valuable resources and diversity to global financial markets but it has yet to be stress-tested in times of turbulence, Bank of Japan (BoJ)
      REUTERS  -  630 words
    • Article
      Lock icon US likely to avoid prolonged slump
      363 14 Bloomberg Slower growth a more probable scenario: Fed official [DALLAS] The United States will probably see slower economic growth rather than a deeper downturn, according to the president of the Federal Reserve Bank of Dallas. The most likely scenario is that the US will
      Bloomberg  -  363 words
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      2761 14 IN THE MATTER OF THE A COMPANIES AO UP 50 V<5)H QIAN HU CORPORATION LIMITED mtitok ™EX l^^L (Incorporated n the Recub c of Singapore) f^E'^R! J^/n?^™SL'**T*Z (Compary Re9istralion Num°er:l99Bo6l24N! liiillp n™eovoSy tS™ ers Ye (Pursuant to Section 290) At the Extraordinary General Meeting of the NOTICE OF ANNUAL GENERAL
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  • MALAYSIA
    • Article
      Lock icon BN takes 6 uncontested parliament seats
      975 15  -  S JAYASANKARAN MALAYSIA ELECTIONS Observers divided over whether ruling coalition will lose two-thirds majority 3y in Kuala Lumpur IN preliminary results that are likely to portend the final outcome, Malaysia's ruling National Front (Barisan Nasional) coalition picked up six parliamentary and two state seats
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    • Article, Illustration
      Lock icon Gamuda makes the headlines again
      600 15  -  PAULINE NG COMMENTARY WITH the 12th general election scheduled in two weeks, politics has dominated Malaysian news all week. But Gamuda broke the stranglehold when its founder surprised the market by disposing of 70 million shares via a share placement. Untimely, was how some described
      600 words
    • Article
      Lock icon Fuel subsidy comes to RM40b
      207 15 Reuters [KEPALABATAS, Malaysia] Malaysia's fuel subsidies cost the state about RM4O billion (5517.5 billion) in 2007, Prime Minister Abdullah Ahmad Badawi said yesterday, as crude oil prices hover around US$lOO a barrel. Malaysia has some of Asia's lowest petrol and diesel prices, fixing them well
      Reuters  -  207 words
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      352 15 If you are in any of these situations: X~"^^^^^^k^m 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
      352 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Winter storms cost China 152b yuan in losses
      305 16 Bloomberg [BEIJING] China's worst snowstorms in five decades caused 151.7 billion yuan (5529.9 billion) in direct economic losses and killed 129 people, with four still missing. Blizzards, ice and freezing temperatures since January have forced the evacuation of 1.66 million people and
      – Bloomberg; AP  -  305 words
    • Article
      Lock icon India, US mull pact for bilateral investments
      167 16 Reuters [WASHINGTON] The United States and India are discussing whether to negotiate a bilateral investment agreement as part of ongoing efforts to expand and deepen economic ties, a US official said on Friday. Gretchen Hamel, a spokeswoman for the US Trade Representative's office
      Reuters  -  167 words
    • Article
      Lock icon Centurion Bank deal worth up to 120b rupees
      539 16 Reuters All-share deal is Indian financial sector's biggest; unions gear up to fight any job losses [MUMBAI] A proposed acquisition of Centurion Bank of Punjab by HDFC Bank, India's No 3 lender, is likely to be valued at 100 billion to 120
      – Reuters  -  539 words
    • Article
      Lock icon Beijing expects slower money, credit growth
      328 16 Reuters [BEIJING] China's money and credit growth will slow this year as the central bank implements a battery of tightening measures to achieve its primary goal of taming inflation, a senior central bank official said yesterday. Vi Gang, vice-governor of the People's Bank of
      ■ Reuters  -  328 words
    • Article
      Lock icon China nationalises Luneng Group
      272 16 Reuters It pays 8.3b yuan to take back control of domestic power firm [SHANGHAI] The Chinese government has taken back control of Luneng Group, a large domestic power firm, from two privately owned companies by paying about 8.3 billion yuan (Ssl.6 billion), Luneng's listed units said
      Reuters  -  272 words
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      Lock icon PRIME LENDING RATES
      397 16 Feb 22 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
      397 words
  • Page 16 Advertisements
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      321 16 LUXURY TOURS TRAVEL PTE LTD y^^ w^F- Lianhe Zaobao 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxtur@singnet.com.sg Subsidisry^LUXUßYC^ACH SERVICE Website: www.luxury.com.sg Mtffeßltffe dtttffeHA 40 coaches available for charter fIUI V llldl Singapore A Malaysia with Business Class Seats ft HV 3 rid iridjvjtjusl LCD Friendly
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  • WORLD
    • Article, Illustration
      Lock icon Ambac bailout rally may not last long
      885 17  -  ANDREW MARKS WALL STREET INSIGHT Little good news is expected from the slew of economic reports this week 3y n New York LESS than an hour before the close of trading on the New York Stock Exchange on Friday, a report hit Wall
      AP  -  885 words
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      Lock icon Setting sail for Hawaii
      259 17 AT 0730 GMT yesterday a horn sounded across Fuschan Bay, Qingdao, signalling the start of Race 7 of the Clipper 07-08 Round the World Yacht Race to Hawaii. The race restart marked the end of a successful stopover in Qingdao's Olympic Sailing Centre, which acted as
      ONEDITION  -  259 words
    • Article
      Lock icon GE Money seeking partners for its non-US units
      475 17 Bloomberg Move aimed at reducing riskier financial assets [NEW YORK] General Electric is seeking potential partners or buyers for some of its consumer credit card, mortgage and loan units outside the US to reduce riskier financial assets, according to three people with
      Bloomberg  -  475 words
    • Article
      Lock icon Ambac may get US$3b in new capital from banks
      312 17 Bloomberg [NEW YORK] Ambac Financial Group, the bond insurer facing a crippling credit-rating downgrade, may get US$3 billion in new capital as part of a rescue agreement with banks, according to a source with knowledge of the discussions. An announcement may
      Bloomberg  -  312 words
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      Lock icon STOCKS ASIA
      2765 17 Transaction date: Feb 22 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day ONG KONG Vol '000 HK$ .eon Credit .eon Stores .ngang Steel .nhui Conch .nhuiexpressway .sia Satellite .sm Pacific ank Of E Asia eida Jade
      2,765 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Rolls-Royce benefits from growth in Asia, Mid-East
      761 18  -  YEN SREENIVASAN Asia accounts for a third of its £35.9b order book, says CEO By BRITISH power systems giant Rolls-Royce is enjoying an industry sweet spot which should last well into the foreseeable future, thanks to strong demand from Asia and the Middle
      JOHN HENG  -  761 words
    • Article
      Lock icon Piraeus to go for rent 50m euros
      128 18 Bloomberg [ATHENS] Piraeus Port Authority, Greece's biggest port, wants the winning bidder for its container terminals to make a one-time 50 million euros (*****.2 million) payment and pay performance-based rent over the contract period. The contract will require a minimum annual rent, Greek
      Bloomberg  -  128 words
    • Article
      Lock icon Virgin tests first biofuel flight
      218 18 -AP [LONDON] Virgin Atlantic conducted the world's first commercial flight powered by biofuel yesterday in an attempt to show that the fuel can produce less carbon dioxide than normal jet fuels. "This breakthrough will help Virgin Atlantic to fly its planes using clean fuel sooner
      -AP  -  218 words
    • Article
      Lock icon Delta, Northwest pilots yet to agree on union seniority
      256 18 Bloomberg [CHICAGO] Delta Air Lines Inc and Northwest Airlines Corp pilots are working to find a compromise over union seniority, a hurdle to the merger that would create the world's biggest carrier, people familiar with the talks said. While the pilots
      ■ Bloomberg  -  256 words
    • Article
      Lock icon Indonesian police seal off barge for lacking documents
      191 18 Reuters [PANGKAL PINANG, Indonesia] Police have sealed off a barge loaded with tin ore in Indonesia's main tin-producing Bangka-Belitung islands because it lacked the correct papers, a police official said on Saturday. The barge, carrying about 1,400 tonnes of ore, had docked
      Reuters  -  191 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPATURES
      2433 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,433 words
  • Page 18 Advertisements
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      122 18 In order to maintain lines' standard of service, the Carriers operating from Asia to East Africa have agreed to the following Rate Restorations for 2008, applicable to all customers shipping from Asia to destinations in East Africa: Effective on Ist April, 2008 Rate Restoration US$2OO/US$4OO per 20ft/40ft Effective on Ist
      122 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      270 18 CRYPTIC CROSSWORD ACROSS 1 Brush up foreign language H [2 [3 I |5 |6 I[7l |8 4 Insults and torments after 9 Company man's influential I (6) l^^l 10 Fine strip by bird? Trollop! __BH__HH__H^^^MH__HH__HH__^H 12 Point spear for piercing (8) 14 14 Teaser Den's upset soap __^J__^J__^J__^J__^^J^^^H^^^HB 18 Flue
      270 words
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  • WHO'S WHO IN EXECUTIVE SEARCH
    • Article, Illustration
      Lock icon TALENT HUNT
      1309 19  -  The scramble for foreign as well as local expertise to keep Singapore's economy booming offers challenges and opportunities for executive search firms, says chuaimg peck miimc SINGAPORE'S booming economy has kept the job creation machinery working overtime, producing a record number of job openings. These need to be
      ST0CKXPER7; BLOOMBERG  -  1,309 words
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      Lock icon In search of transnational cosmopolitans
      1103 20  -  Such employees bring with them a unique world view and a wealth of experience that could benefit any enterprise here, says david leoimg THE global cosmopolitan, with a linguistic and cultural adaptability and an ability to work in a fast-paced environment, can be a company's
      LUDWIG ILLIO/ THE STRAITS TIMES  -  1,103 words
    • Article, Illustration
      Lock icon Singaporeans in demand
      1286 20  -  ELAINE NG By MORE than a decade ago, Singaporeans were a contented lot who did not think to venture beyond their shores to work abroad. No more! Today, Singaporeans young and old actively seek jobs overseas. Many are employed in low-cost Asian countries where an economic boom
      HRBS Executive Pay Survey 2007  -  1,286 words
    • Article, Illustration
      Lock icon Retaining superstars in a tight labour market
      1067 21  -  kiraim kaur looks at how companies can create a workforce that is engaged and fully aligned with the organisation's vision WE HAVE all heard the adage that a satisfied workforce is more likely to be a productive workforce. But how satisfied should employees
      STOCKXPERT  -  1,067 words
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      Lock icon Getting executive compensation right
      1014 21 NO area of corporate governance attracts more attention than executive compensation what to pay company directors and senior executives. Opinions continue to vary when it comes to whether executive pay is right, but several common themes exist in nearly all the developed economies in the region.
      STOCKXPERT  -  1,014 words
    • Article, Illustration
      Lock icon SEARCHWORKS
      822 22 Company Overview Young and dynamic. Search Works started only in 2002 -just passed five years but it is already one of the fastest growing "premium level" executive search firms in Asia.Backed by a dedicated team with deep knowledge ofthe talent market, it has notched up very significant achievements. One
      822 words
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      Lock icon ROBERT WALTERS
      822 23 Robert Walters' strong corporate culture and values drives the company to be the top recruiter of choice for candidates and clients, and also to be the employer of choice for our employees. Company Overview Robert Walters is one of the world's leading global specialist recruitment and recruitment outsourcing
      822 words
    • Article, Illustration
      Lock icon SANFORD ROSE ASSOCIATES
      737 24 Finding people who make a difference....® Company Overview "Finding people who make a difference" that's not just Sanford Rose Associates' slogan. It has been practicing it for the past 49 years and since 1997 in Singapore. Using its proprietary technology of Dimensional Search, the United States-based executive
      737 words
    • Article, Illustration
      Lock icon JUDD FARRIS PROPERTY RECRUITMENT
      530 25 Company Overview Judd Farris was formed to specialise solely in the recruitment of executive level property and construction professionals. Since our inception, we have become one of the world leaders in this specialist consultancy field, boasting one of the largest, truly global property recruitment teams. We
      530 words
    • Article, Illustration
      Lock icon Delivering Human Capital Expertise
      740 26 Company Overview Kelly is the human capital solutions company of choice for Singapore's leading employers across a wide range of industries. Our Specialisations Kelly Selection Kelly Selection specialises in providing permanent recruitment solutions in the mid and senior level management and specialist band. We cover sector
      740 words
    • Article, Illustration
      Lock icon PSD GROUP
      573 27  -  Richard Goddard Company Overview PSD Group (www.psdgroup.com) is a leading international brand within the OPD Group which is a FTSE-listed recruitment services organisation with offices throughout Europe, Middle East and Asia Pacific. PSD has been operating in Asia since 1996 when the organisation opened its first overseas office
      573 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      51 19 LIST OF COMPANIES SearchWorks Pte Ltd P22 Robert Walter P23 Singapore Pte Ltd Sanford Rose P24 Associates Judd Farris Property P25 Recruitment Kelly Services P26 Asia Pacific PSD Group P27 Editor: Chuang Peck Ming Sub-editor: Gouw Huat May Advertising Sales: Angie Choong, Desmond Kan, Elizabeth Wong (Project Manager) Tel 6319
      51 words
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  • Page 22 Advertisements
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      51 22 Singapore Hong Kong Australia* India Dubai To find out more about our services, please contact Dawn Lee, our Business Relations Manager. m^M Search Works Pte Ltd fIVTHOOI mi II 9 Raffles place Republic Plaza 1 ■MRMmZAmbSUI 46-01 Sin 9aP°re *****9 Te|:6s 6323 081 Fax: 65 6323 0611 g WorksMllZtlce company
      51 words
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      25 23 ROBERT WALTE RS Robert Walters Singapore Pte Ltd 6 Battery Road, #11 -07 Singapore *****9 Tel: +65 6538 3343 Fax: +65 6538 0332 Web: www.robertwalters.com.sg
      25 words
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  • Page 24 Advertisements
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      37 24 Singapore 78 Shenton Way #29-02 Singapore *****0 Tel: +65 6223 1088 search@sanfordrose.com.sg •-> www.sanfordrose.com.sg S a u ng^ .v Sanford Rose Associates® 93 Huai Hai Zhong Lv, H 6F Shanghai Times Square Shanghai *****1 EXECUTIVE SEARCH Tel:+B62l *****359
      37 words
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      48 25 Our Awards Bsmsmmsm n^-^n JUDD FARRIS PROPERTY RECRUITMENT pUwqfi|Jppfl Recruiter W 1 fc W A \S AWARDS /v 80 Raffles Place Tel: +65 6536 5850 J Unit 18-21 UOBPIaza2 Fax+6s 6536 9910 rSSr^^M Best International IIIHH F^TTIC ['«y-]w,yffi:WrT*T>/J Jjjjjjj^ Singaporeo4B624 Email:singapore@juddfarris.com.sg juuu laiiio IL'lii.'Jill.l j'lliaMiM lliil property recruitment
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      33 26 Asia Pacific Corporate Office I^T^^l 1^ M 10 Anson Road, #34-08 International Plaza MM l» I \M Singapore *****3 W Tel: (65) 6494 6060 Fax: (65) 6221 5652 mßv^vk^ Email:info@kellyservices.com.sg Talent at WOrk
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  • Page 27 Advertisements
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      69 27 Singapore Hong Kong Shanghai L^^^^ PSD GROUP PSD Group PSD Group 77 Robinson Road 3203 Central Plaza 27F Roo. m 271 f^fj #,4-02 Robinson 77 No.lB Harbour Road MJ Singapore *****6 Wanchai, Hong Kong shanghai 2 ***** f China \WIW Tel: +65 6738 3088 Tel: 852 2531 2200 Tel: +86
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7141 28 Week ended: Feb 22 52-wks Tel |h Low Code Last Sale Vol ('000) Hil Week Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hi. Com| 5716 1st Software 22 6.5 3148 STelecom fol 98 S fc s F °s n& 30 13.5
      7,141 words
    • Article
      Lock icon SGX XTRANET
      61 28 _Hm Low Code Com Sale Cooo) _Hm 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&P500 US200d US6200 US1000 US***** 250 60 100 100 ***** ***** 6170 SPDRS 398.3 297.5 6009
      61 words
    • Article
      Lock icon SGX CATALIST
      2209 28 Hii Low Code Comi >an' Sale Cooo) Hii Low Bu1 rer Seller C'vr P/E 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 38 27 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5
      2,209 words
    • Article
      Lock icon CLOB INTERNATIONAL
      247 28 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
      247 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      25 28 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. gMj SSs! '<M 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676.
      25 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 29 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb 22 World Index Preliminary 1016.6 -0.8 -10.2 -0.9 -11.5 -0.6 -9.! EAFE Preliminary 988.1 -0.9 -11.8 -0.9 -12.2 -0.6 -10.: Euro[ Preliminary 1360.3 -0.9 -11.9 -0.9 -13.1 -0.6 -11.1 Pacific 847.2
      362 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 29 As at 9am Feb 22 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.2870 1.3020 .an dollar 1.3840 1.4000 iuro 2.0730 2.0970 IZ dollar 1.1190 1.1430 Sterlin mnd 2.7500 2.7810 JS dollar 1.4000 1.4170 .ocal dollars to 100 units if foreign
      129 words
    • Article
      Lock icon INTERBANK RATES
      162 29 Feb 22 fer Overnight 1 -month 2-months 3-months Overnight mode: 1 US$ 1 1/16 1 7/16 1 1/2 1 9/16 Offer 15/16 1 5/16 1 3/8 1 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.15 3.18 3.15 3.14
      162 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 29 Feb 22 iTI ilMSCI Feb 372 376.6 375.2 "aiwan Feb 314.1 317.2 316.4 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Feb 22 I Bid Offer 1-month 1.4043 1.4056 2-months 1.4022 1.4036 3-months 1.4007 1.4021 6-months 1.3959 1.3975 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      286 29 Feb 22 KUbbbK 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 08 404.25 407.00 408.50 408.25 408.25 407.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      286 words
    • Article
      Lock icon CHICAGO BOT
      104 29 Feb 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar08 1420.00 1405.75 1422.00 1399.50 May 08 1438.25 1424.75 1440.00 1417.50 Jul 08 1452.75 1439.50 1454.00 1433.00 Aug 08 1441.00 1428.50 1442.00 1431.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 62.30 61.31 62.35 61.40
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 29 CRUDE OIL PRODUCTS Feb 21 origin) US$/barrel Close Cham Brent blend (1-Mth F) 97.91 0.24 WTI (Near Mth) 98.23 -1.9 Dubai (1 -Mth F) 93.08 0.53 Tapis blend 102.9 0.5 Minas 98.2 0.5 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.95 116.90 0.73 1.8 US$/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 29 Feb 22 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.932 6.578 0.622 7.180 36.772 84.479 0.988 8.736 2.963 1.147 57.027 37.370 1.296 7.182 1.003 28.843 29.787 0.469 0.921 Canada 1.073 7.060
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 29 Feb 22 Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****X 22.05.08 1-Year BY*****A 29.09.08 1.31 1.35 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0F 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X
      86 words
    • Article
      Lock icon SIBOR
      76 29 Feb 22 1 mth 2 mths 3.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 3.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs
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    • Article
      Lock icon PALM OIL
      62 29 Feb 22 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Mar 08 3673 3681 3702 3652 445 2784 Apr 08 3673 3695 3717 3658 1454 ***** May 08 3677 3698 3720 3660 4920 ***** Jun 08 3676 3700 3715 3657 431 3506
      62 words
    • Article
      Lock icon PRECIOUS METALS
      130 29 Feb 22 /oz) Hong Kong London 943.00 941.50 944.00 942.50 Feb 22 Feb 21 943.20 950.50 944.10 951.40 Source: Reuters CAST BAR (S$) Feb 22 Buying Sellini Kilobar "45,721.10" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™
      130 words
    • Article
      Lock icon LONDON METALS
      68 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2883.80 2909.20 3 months 2920.00 2945.00 Copper, Grade A (US$/tonne) Cash 3 months 8374.50 8330.00 8487.00 8425.00 Lead (US$/tonne) Cash 3273.00 3 months 3260.00 3353.50 3336.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
    • Article
      Lock icon LIFFE
      82 29 Feb 22 (£/tonne) Close Prev Hii ih/Low Mar 08 1294 1260 1297/1252 May 08 1322 1287 1324/1280 Jul 08 1346 1310 1347/1303 Sep 08 1346 1317 1347/1314 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2468 2407 2476/2420 May 08 2502 2445 2510/2450 Jul 08 2523 2464 2532/2470 Sep 08
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 29 Feb 22 Against SS lurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2951 1.2964 0.9208 0.9210 "anadian dollar 1.3900 1.3913 0.9882 0.9884 luro 2.0833 2.0852 1.4812 1.4814 IZ dollar 1.1289 1.1311 0.8026 0.8036 aterlim 2.7642 2.7668 1.9653 1.9651 IS
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      349 29 Feb 22 URODOLLAR FUTURES Vlar08 Iun08 Sep08 3ec08 97.075 97.445 97.570 97.510 0 0 0 0 ***** ***** ***** 7466 EUROYEN FUTURES Vlar08 99.155 99.155 Iun08 99.270 99.270 Sep08 99.350 99.350 3ec08 99.350 99.350 Vlar09 99.285 99.290B Iun09 99.220B Sep09 99.155B 3ec09 99.150 99.260 99.335 99.335 99.285
      349 words
    • Article
      Lock icon BONDS & WARRANTS
      3570 29 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left 3816 #Asiasons Capital Ltd W*****7 7.5 2.5 83 4105 #Asiatravel W*****7 27 3 14 2878 Aztech Systems W*****6 6 -0.5 788 3704 Capitamall Trust SGA ECW*****0 19 4.5 5830
      3,570 words
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      3104 30 m The Business Times Shipping Times M V?H SOS iStHI_U m\\\ WAN HAI INTERNATIONAL PTE LTD crno **********0/r H\|£SSS9|JS|| jfcßwrfFfn're_mHi WBM ll*. I TEL:*****588 (14 LINES) FAX: *****163 ijjjjjjjjjjji^— 1 !>~llll.M-_}~l_fl PKP^WHWBSHPim mMmmmmmrmaSSm I V\\M I IflfAN HAI INpX G»toiiH- Servite/Bookings Direct Line (1800) *****200 MgXH^HM^^^gHC^^^^M BTW^lflT'g'lm^TT?*^ I V »»"ll
      3,104 words
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      3405 31 FiH^ss3 :Litff IIITTA EASTERN CAR LINER, LTD II §1 £3®3S^ v O^ST/ c^ f i -jfe ff-^J SPEC.AUZE.NRORO. heavy uftupto 450 tons: WEEKLY EXPRESS SAILING SCHEDULE X 1 'ri'" --f**" I ""^Bh-W1 9_a ImttUUlttliifl I VOY I Romp(KT) I Lillinq(KT) I SIN I PKL I PNN JKT I LCB I
      3,405 words
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      5437 32 ___^^^>M I A MntDCCKTI Tel: 65-*****907 Fax: *****917 I tf^™ ___F_____t^___ mm MmM ES H9 WmU 35 ANUhRbEN Email: asc@ascasia.com I WSMI fil fIRY NAUIRATIfIIU RRflllP I Vs/fIR-j^M _____B Bsfl IMH shipping company 7 70 Shenton Way, #21-03 Marina House Singapore *****8 ■1» Ui-Ull I -lfl-HUHI .(HI UllUUr L W
      5,437 words
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  • BizIT
    • Article, Illustration
      Lock icon NetApp records 40% Q3 growth in S'pore
      1065 33  -  Data storage major doubled its marketshare in the Republic last year, writes AMIT ROY CHOUDHURY STORAGE and data management solutions provider Network Appliance (NetApp) has underlined its confidence in Singapore as a major growth market by growing 40 per cent here in its
      1,065 words
    • Article
      Lock icon Make the most of software's economic impact
      1017 33  -  BARNEY LAU <you say> Singapore is well positioned to ride the software-driven wave of growth By INFORMATION technology (IT) is a critical element in the sustainability of economies all over the world, and the role that it plays in the growth of both
      1,017 words
    • Article
      Lock icon Apple launches photo printing service here
      335 33  -  ONG BOON KIAT By APPLE has finally brought its six-year-old photo printing service to Singapore. Mac users here can now create photo projects in the form of calendars, greeting cards, prints and profes-sionally-bound photo books from Apple, and have their keepsakes delivered to their
      335 words
    • Article
      Lock icon Sony sees easing of PS3 price pressure
      107 33 Reuters [SAN FRANCISCO] Recent strong sales of high-er-priced Play Station 3 models may be an indication that Sony does not need to cut prices of the flagship video game console, an executive said. When Sony lowered US prices of the Play Station 3
      Reuters  -  107 words
    • <what's new>
      • Article
        Lock icon StarHub dishes out free speed upgrade
        86 33 STARHUB has doubled the download speeds for customers of its Max Online Surf Lite plan at no extra charge. From next month, these subscribers will have 2 Mbps (megabits per second) broadband access instead of 1 Mbps. To enjoy the speed boost, customers only
        86 words
      • Article
        Lock icon Adobe unveils latest version of Director 11
        127 33 ADOBE has launched Director 11, the latest version of its multimedia development tool. The software package is aimed at professionals like animators and developers and allows them to create interactive content for both the Web as well as other mediums like DVDs and
        127 words
      • Article, Illustration
        Lock icon Philips unveils new Skype phone
        105 33 PHILIPS is giving consumers the perks of Internet telephony without the hassle of using a PC with its new VOIPB4I cordless phone. The product allows users to use Skype, one of the most popular applications for making Internet calls, directly opposed to having to access
        105 words
      • Article
        Lock icon Fujitsu goes light with new LifeBook
        118 33 FUJITSU has taken the wraps off the Lifeßook PBOlO, a new laptop which promises to be light in weight but heavy on features to appeal to the mobile professional. It is powered by Intel's latest Core 2 Duo SL7IOO processor, complemented by an integrated
        118 words
      • Article
        Lock icon SunPage promises cheaper overseas SMS
        144 33  -  WINSTON CHAI SUNPAGE is promising to slash the cost of sending text messages overseas with its new mobile service. Called i.SMS, it will allow users to text their friends outside Singapore as well as send SMS messages back home when they are travelling, at heavily-discounted
        144 words
    • Article, Illustration
      Lock icon Use of personal storage devices on the rise: IDC
      1008 34  -  Survey shows that more than 15% Singaporeans store over 100GB of personal data, writes AMIT ROY CHOUDHURY THE proliferation of online digital content has spurred the use of personal storage devices in Singapore and the region, according to a new survey
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    • Article
      Lock icon Motorola 'break-up likely under new CFO'
      381 34 Bloomberg [SCHAUMBURG, Illinois] Motorola Inc's new finance chief has a history of deal-making, boosting the chances the company will exit the mobile phone business, Lehman Brothers analyst Jeff Kvaal said. Paul Liska, who was named last week and will start on March 1, has
      Bloomberg  -  381 words
    • Article, Illustration
      Lock icon HP launches new after-sales service
      459 35  -  It extends platinum perks to customers of its premium computers, reports WINSTON CHAI THE well-heeled are often courted by banks through exclusive perks as well as personalised services, and Hewlett-Packard (HP) is hoping to do the same in the IT market, starting with those who
      459 words
    • <what's up>
      • Article, Illustration
        Lock icon New regional MD for RSA
        79 35 SECURITY specialist RSA has appointed Vincent Goh (above) as its managing director for its operations in the South-east Asia region. He moves into the new role from RSA's parent company EMC, where he spearheaded the firm's expansion into Indonesia and helped expand its public sector
        79 words
      • Article
        Lock icon Stratech wins $12m CAAS deal
        72 35 THE Civil Aviation Authority of Singapore (CAAS) is stepping up measures to improve airport safety through a $12 million deal with mainboard-listed Stratech Systems. Under the contract, Stratech's iFerret surveillance system will be deployed along two runways at Changi Airport to detect foreign objects which
        72 words
      • Article
        Lock icon BSA targets youths in Net safety campaign
        113 35 ANTI-PIRACY trade group Business Software Alliance (BSA) has embarked on a new educational initiative to help youths understand the pitfalls of the Internet. Under the effort, BSA has launched a new website (www.b4usurf.org) for teachers, parents and teenagers to promote safe Internet usage
        113 words
      • Article
        Lock icon New general manager for Asia InfoPrint
        78 35 SOLUTIONS Company, a joint venture between IBM and Ricoh, has promoted Benoit Chatelard to be its new general manager for the Asia-Pacific region. Mr Chatelard, formerly the vice-president of sales for the EMEA region, has spent five years with Info Print Solutions and IBM's
        78 words
      • Article
        Lock icon Sun to showcase server prowess
        96 35  -  WINSTON CHAI SUN Microsystems will stage its Power 3 Roadshow at the Raffles City Convention Centre on March 5. The event will showcase the company's latest Sun Fire X 4150 and X 4450 servers which are powered by Intel's Quad-Core Xeon processors. Sun executives, as
        96 words
    • Article
      Lock icon Focus on touchscreen, speech technology: Gates
      172 35 -AP PITTSBURGH] People will increasingly interact with cornouters using speech or touch screens rather than keyboards, Microsoft Corp chairman Bill Gates said. "It's one af the big bets we're making," he said during the final stop af a farewell tour before he withdraws from
      -AP  -  172 words
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