The Business Times, 27 February 2008

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Total Pages: 32
1 32 The Business Times
  • 26 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg AAW A SINGAPORE PRESS HOLDINGS PUBLICATION CO REG NNO *****2868E MICA (P) 122/12/2007 Wednesday, February 27,2008
    26 words
  • 737 1  -  R SIVANITHY COMMENTARY Astonishing 5 million shares were bought in offering important lessons for the market By ON MONDAY, the shares of Capita Land's service residence unit Ascott Group jumped 11 cents to $1.84. This may not seem remarkable, since the Straits Times
    737 words
  • MARKETS DIGEST
    • 46 1 uesi lay lange I COMP 1,375.43 +4.64 IIKKEI225 13,824.72 -89.85 IANG SENG 23,714.75 +445.61 ;et INDEX 834.67 -4.07 JAKARTA COMP 2,738.87 -12.99 1ANILAC0MP 3,079.54 -0.70 ;eoulcomp 1,709.13 unch ;henzhen B 614.52 -0.36 IUMBAI IND 17,806.19 +155.62 11AM EDT 12,609.62 Change +39.40 )OW IASDAQ 2,330.52 +3.04
      46 words
    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.75 INDONESIA 15.882 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.50 INDIA 12.50 Source: E
      Bloomberg  -  29 words
    • 38 1 IS$ (S$ per US$) 1.405 (US$/S$ )er 1.966 2.761 ;URO(US$/S$/E) 1.479 2.077 'EN 108.10 76.90 3.213 2.288 IK$ 7.797 5.551 !AHT 32.27 22.97 WPIAH 9,093 6,474 1ENMINBI 7.155 5.094 INDIAN RUPEE 39.92 28.42 1.079 0.768 1.236 0.880
      38 words
  • 618 1  -  RONNIE LIM Lanxess's $834 m facility will supply to tyre makers in Asia By [SINGAPORE] Singapore has landed the world's first entirely-new butyl or synthetic rubber plant investment since 2000. "It's the right time to have a plant here," Lanxess chairman Axel Heitmann
    JOSEPH NAIR  -  618 words
  • Page 1 Advertisements
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    • 81 1 SC GLOBAL DEVELOPMENTS AT S PRESENTS SINGAPORE'S W^ MOST EXTRAVAGANT RESIDENCE Embrace the mark of distinction +Up with a 15 metre cantilevered > pool in every residence. I /""""I I I I An original by SC Global to own. on patehson hillY PRIVILEGED OWNERSHIP BY INVITATION www.themarq.com.sg _^_^_^_^_^_^_^_^_^_^_^_^_^_^_^HflH_^_^_^_^_H _i_^_V_^_H_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_ _m
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  • Page 1 Miscellaneous
    • 59 1 EXEC MONEY C* MOTORING Hb i "^f CITIBANK XW^WLmmWrnV Man who makes %J 'Wk^^ Driving into the |g^ s|^j£ Branch for millionaires otwjg^ll uncanny market calls 4E^ fl m concierge business IlljflJ -at Paragon II PAGE 31 1 SI PAGE 18 PII S PAGE 9 IK PROPERTY Singapore Land Authority
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  • TOP STORIES
    • 609 2  -  001 BOON JIN One tax consultant does the math to compare the relative merits of a rebate and a tax cut By biggest source of revenue collected for the government by IRAS, the Inland Revenue Authority of Singapore. In FY 2006-07, individual
      KPMG Tax Services  -  609 words
    • THREE-MINUTE DIGEST
      • 61 2 SINGTEL and Pacnet have joined online search giant Google and three other international carriers to build a new US$3OO million high-speed submarine cable system to link Asia to the US. Spanning 10,000 km under the Pacific Ocean, the cable system called Unity was
        61 words
      • 72 2 SINGAPORE Technologies Engineering expects to see growth slow this year, despite posting double-digit year on year growth in both top and bottomline for the year ended December 2007 and breaking the $5 billion mark in turnover for the first time. The
        72 words
      • 72 2 810-TREAT Technology's former chairman Wing Hak Man has filed a report with Singapore's Commercial Affairs Department, accusing the company of various securities and other legal breaches. Sources have told The Business Times that Mr Wing has complained to the white-collar-crime police that Bio-Treat
        72 words
      • 68 2 SHARES of frozen food producer Synear Food Holdings came under heavy selling pressure yesterday after analysts downgraded the stock following its weaker than expected fourth-quarter earnings. Not spared too was copper supply chain provider Advance SCT after it issued a profit warning retracting
        68 words
      • 63 2 SINGAPORE'S factory output expanded 6.9 per cent year on year in January, thanks to a production surge in the biomedical cluster, the latest figures show. Last month, the biomedical manufacturing cluster shot up by 59.8 per cent year on year, due to
        63 words
      • 74 2 A TOP official of the European Union has warned the bloc's member countries not to pass broad laws to restrict investment from sovereign wealth funds, despite fears about state-controlled foreign predators gobbling up major European companies. The European Commission will propose today a
        74 words
      • 61 2 LEADERSHIP changes are underway at two of Malaysia's biggest government-linked corporations in what analysts believe to be moves to make them better regional players. Maybank and Telekom Malaysia will see a change in command, with current Maybank boss Amirsham A Aziz passing the
        61 words
      • 67 2 CHINA'S securities regulator has warned listed companies against flooding the markets with shares after the country's main stock index slumped to a seven-month low. "Refinancing by listed companies is an important function of the capital market. but it should never become raking
        67 words
    • 334 2 Reuters Slump due to losses on investments in media, other areas [BANGKOK] Shin Corp, Thailand's largest telecoms group, said yesterday its 2007 net profit slumped 72 per cent due to losses on investments in the media and consumer finance businesses. Shin Corp, in which
      – Reuters  -  334 words
    • 563 3  -  ONG BOON KIAT USs3oom project will add substantial bandwidth for Internet traffic By [SINGAPORE] Sing Tel and Pacnet have joined online search giant Google and three other international carriers to build a new US$3OO million high-speed submarine cable system to link Asia to
      563 words
    • 236 3  -  Xinhua [JAKARTA] Indonesian banks are planning to freeze and withdraw thousands of credit cards after police uncovered a counterfeiting syndicate that duplicated data of some two million card holders, the local press reported yesterday. All 20 credit issuers in Indonesia have been
      236 words
    • 645 3  -  KALPANA RASHIWALA It will rent space in IRAS building to ease office space crunch By [SINGAPORE] Kicking off the initiative to move some government agencies out of the CBD to ease the acute shortage of prime office space, Singapore
      645 words
  • Page 2 Advertisements
    • 240 2 YOUR SPANKING NEW IMAGE q I at just $288* I IMAGE IS EVERYTHING, and it's not just a 'girl' thing. For just $288, W Urban Homme promises to spruce up your image with intensive body sculpting or face treatments to beat the flab and problem complexion. f^ f It's an
      240 words
    • 132 2 people.,. Black belts WOrR wanted. www.thepeopleatwork.com Asia-Pacific Executive Search Collective Sale of Fort Road Terraces 100% Consensus Mountbatten pi 16 landed units Singapore^^ 9 Lafid aPP rOX' 3 430-2 sq m (36,922 Sq ft) Stadium LSE B Q State land aPProx- 1,018.6 sq m 10,964 sq ft) MOUNTBATTEN RD MP
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  • Page 3 Advertisements
    • 43 3 "/4w\ WW* ""JP^Am _H_ '"■'■■"3_H t _n^_i_i_k_. I mk i J _^_k |f at a\ _L -I M^m^mw A^m\ *"^^M Mr _H if/ _^_l Am w\t*, wn w f^^mwwwT" _r <*" j R_tk _BL_^_i P^^r^_fll ll _k^r wPw ii' l__^__^__r lyi^Ja _[_fe9___M_E9l __^-_^-_^-_i-_^-_^-_^-_^-_^-_^-_^-_^-_i-_B-l waa^a^a^a^a^a^A^awawa^AiAWA^a^a^a^a^a^AiAwaa^a^amA^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^a^aa^awaa
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  • COMPANY NEWS
    • 654 4  -  MATTHEW PHAN Profit hits $503.5 m last year; it expects single-digit growth this year By SINGAPORE Technologies Engineering expects to see growth slow this year, despite posting double-digit year-on-year growth in both top and bottomline for the year ended December
      ARTHUR LEE  -  654 words
    • 732 4  -  ARTHUR SIM THE property market is getting round to the idea that there won't be much good news in the first half of 2008. However, while many property developers including Capita Land are content to say that they are cautiously optimistic about
      732 words
    • COMPANY BRIEFS
      • 65 4 Reuters OVERSEA-CHINESE Banking Corp (OCBC) plans to issue up to RM2.5 billion (551.09 billion) worth of subordinated bonds to augment its capital base. The lower tier II bonds would have a 10-year maturity, but will be callable after five years. OCBC intends
        Reuters  -  65 words
      • 49 4 Bloomberg NOBLE Group said its fourth-quarter profit rose 92 per cent. Net income climbed to U5597.9 million or 3.82 US cents a share in the quarter, from US$5l million-or 2.11 US cents a year earlier. Sales rose to US$7.B billion from US$3.9 billion.
        – Bloomberg  -  49 words
      • 38 4 C2O Holdings yesterday warned that it expects to post losses for the financial year ending Feb 29, 2008, due to losses from foreign currency exchange transactions and from overseas operations.
        38 words
      • 42 4 ADVANCE Modules Group is expecting to record a loss for its financial year ended Dec 31, 2007. It cited reduction in gross profit margin amid intense competition, limited working capital and impairment of fixed assets.
        42 words
    • 670 4  -  MICHELLE QUAH Company says it is not aware of any basis for filing such a report By 810-TREAT Technology's former chairman Wing Hak Man has filed a report with Singapore's Commercial Affairs Department (CAD), accusing the company of various securities and other legal
      670 words
    • 365 4  -  CHEW XIANG By SOFA maker HTL International yesterday reported a 90.1 per cent slump in its fourth quarter net profits to $1.39 million. For the three months to Dec 31, revenue fell 4.4 per cent to $180.1 million on lower external sales of
      365 words
    • 656 5  -  LYNETTE KHOO Synear Q4 earnings fall 50.3% to 63.8 m yuan; Advance SCT gives profit warning By SHARES of frozen food producer Synear Food Holdings came under heavy selling pressure yesterday after analysts downgraded the stock following its weaker than expected
      656 words
    • 322 5  -  KALPANA RASHIWALA It does not expect the record real estate activity of '07 to be repeated By HERSING Corporation, which owns the ERA real estate marketing franchise here, the StorHub self-stor-age business and a 51 per cent stake in the Singapore network of US remittance
      322 words
    • 255 5 Full Year Ended Dec 2007 ST Engg 503.50 445.13 13.1 I 5,050.98 4,485.76 I 12.6 Noble Grp 371.18 193.43 91.9 33,788.89 19,794.69 70.7 Courage Marine 86.80 39.97 117.1 130.01 81.58 59.4 China Merchants (Pacific) 55.75 42.17 32.2 94.65 80.11 18.2 Financial One 54.02 43.94 22.9 294.08 244.67
      255 words
    • 367 5  -  WEE JUN KAI By ROTARY Engineering yesterday posted a net profit of $12.4 million for the fourth quarter ended Dec 31, 2007, up 54 per cent from the previous corresponding period's $8 million. Fuelled by a strong economy and a vibrant oil-and-gas sector,
      367 words
    • 323 5  -  GEOFFREY LEE By INTER-ROLLER Engineering was in the red for the fourth quarter ended Dec 31, 2007, with net losses of $4.2 million, against a net profit of $4.48 million for the previous corresponding quarter. The group attributed this mainly
      323 words
    • 449 5  -  UMA SHANKARI By PROPERTY and construction company Koh Brothers' 2007 net profit jumped almost 10-fold to $39.7 million, fuelled by exceptional items. Net profit was boosted by valuation gains of more than $30 million and a $5.6 million gain from the disposal of subsidiaries.
      449 words
    • 519 7  -  VINCENT WEE Dry bulk shipper's earnings jump to USs6o.4m on China commodities boom By THE China commodities boom has helped more than double dry bulk shipper Courage Marine's 2007 net profits to US$6O.4 million from 2006's US$27.B million. Fourth-quarter profit also surged 137 per cent
      519 words
    • 358 7  -  CHEN HUIFEN By HIT by the cost of its past acquisition, AsiaPharm Group has reported a fourth quarter loss of 11.6 million yuan (552.3 million), from a net profit of 20.4 million in the final quarter of 2006. This
      358 words
    • 384 7  -  YEN SREENIVASAN By STRONG demand and buoyant market conditions enabled Design Studio Furniture Manufacturer Ltd to lift its full year FYO7 earnings by 57.2 per cent to $8.8 million. This came on the back of a 28.1 per cent jump in topline revenue to $76.4
      384 words
    • 282 7  -  LAN POH By CWT Ltd has reported a 31 per cent rise in net profit to $37.14 million for the year ended Dec 31, due mainly to its new related businesses of commodity logistics, container logistics and bonded logistics. Commodity logistics was added
      282 words
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  • Page 5 Advertisements
    • 33 5 OiCiCI Securities presents I ttm9B 7th Annual Investor Conference* 2008 March 3-5, 2008, Singapore The Ritz-Carlton, Millenia Singapore, 7 Raffles Avenue, Singapore -i _fcl-rniir3^yET!T3BJfriT»HTtT»T73i£f!Ti_ltjH z o Registered with Monetary Authority of Singapore (MAS)
      33 words

  • SINGAPORE MARKETS
    • 719 6  -  LARRY WEE CURRENCIES But there's no sign of her anywhere in the markets THE Americans have a very cute expression which finds its origins in Italian opera. Put simply, it tells the novice op-era-goer that he shouldn't embarrass himself by clapping too
      719 words
    • 229 6 Changes over the past week YtAKIODAIt FEB 26 '08 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 107.95 0.47 124.16 104.95 SGD 1.4050 -0.53 1.5479 1.4040* IDR 9085 -0.82 9500 8650 THB 32.26 -0.80 36.72 32.25* CNY 7.1580 0.00 7.8150 7.1413* MYR 3.2130 -0.31 3.5250 3.2125* CURRENCY
      229 words
    • 104 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 6 4 0 0 0 6 6 4 Manufacturing 43 104 47 13 14 47 117 61 Commerce 15 43 16 18 50 20 Tpt/Stor/Comms 15 16 10 16 17 12 Finance
      104 words
    • 122 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 23.111 23.111 101.964 101.964 Manufacturing 566.619 36.697 603.316 536.807 6.185 542.991 Commerce 84.574 2.952 87.526 94.717 477 95.194 )t/Stor/Comms 81.375 591 81.966 244.154 211 244.365 Finance 36.271 36.271 326.120 326.120 Construction 41.439 32.089 73.528 15.692
      122 words
    • 114 6 Stock name Close Cham Capita Land 6.400 +0.100 Capita Mall 3.240 -0.060 CityDev 11.800 +0.140 Cosco Corp 4.260 -0.020 DBS Grp 17.880 -0.060 F&N 5.000 +0.050 Gentlntl 0.620 +0.005 HK Land 4.230 +0.030 JSH 15.600 +0.560 Jardine C&C 21.540 -0.060 Keppel Corp 10.780 +0.180 KeppelLand 5.960
      114 words
    • Article, Illustration
      741 6  -  UMA SHANKARI CHINA Fishery (CF) is a rare play on fish caught in open waters, with a track record of more than 10 years. Earnings are resilient because supply is controlled by government quotas and demand rises consistently. This has translated into pricing power for CF, as well
      : Bloomberg  -  741 words
    • 517 6  -  R SIVANITHY STOCKS IT'S not often that traders in this part of the world see the local market decouple from Hong Kong, but yesterday was one such occasion a 1.9 per cent jump in the Hang Seng Index failed to inspire much buying
      517 words
    • 4 6 DAILY
      4 words
    • 47 6 CLOSE 308.00-359.00 BT OB/OS BT CADI -*****.00-153.00 BT 10-day MA -*****.00+31.00 FTSE ST Mid Cap 798.47 -4.03 FTSE ST Small Cap 703.75 -10.98 FTSE ST All Share 796.40 -0.18 FTSE ST China 541.92 -18.20 SIMSCI 379.96 +1.49 SIMSCI Futures 383.20 +2.50 PrimePartnersCI 179.85 -5.39
      47 words
    • 52 6 VOLUME Synear 130,050,000 E3 Hlds 69,116,000 Yanqzijianq 67,563,000 Chasen 43,348,000 Golden Aqri 35,209,000 Centillion 34,327,000 LantroVis 28,768,000 China Honqxinq 24,665,000 Biosensors 22,344,000 SingTel 20,205,000 VALUE(S) DBS Grp 132,499,950 Synear 101,225,950 Yanqzijianq 83,192,490 SingTel 78,896,440 SGX 76,766,730 Wilmar 74,774,479 Capita Land 60,509,360 Keppel Corp 58,290,220 UOB 56,525,320 STXPOKWIOO
      52 words
    • 100 6 CLOSE UP JSH 1560 78.6 3.7 Dain irm 470 21.1 3.3 Deloi 331 18.0 5.: Kei il Con 1078 18.0 1.7 SIA 200 1584 18.0 1.1 Cifr 1180 14.0 1.2 IndoAi III 291 14.0 5.1 Noble Gr| 208 13.0 6.7 SembMar 378 13.0 3.6 Ezra 243 12.0 5.2 BY
      100 words
    • 105 6 CLOSE DOWN 9242-153.0 -1.2 GLD 10US$ JMH 2678-151.6 -3.9 76 -27.0 -26.2 NOL 322 -23.0 -6.7 SGX 853 -23.0 -2.6 AdvanceSCT 44.5 -19.5 -30.5 SPC 696 -19.0 -2.7 Sino-Env 127 -14.0 -9.9 DBS MBLJCW*****0 525 -13.0 -2.4 SGXMBLJCW*****0 315 -13.0 -4.0 BY PERCENTAGE CLOSE DOWN ■oscoCo 1 1.5 -80.0
      105 words
    • 88 6 Feb 26 CLOSE CHNG FR Feb 25 YR 2008/07 S$ LOW S$ HIGH USS 1.4050 0.06 1.5479 1.4040® Euro 2.0898 -0.36 2.1639 1.9913 Pounds 2.7700 -0.28 3.1194 2.7390 AS 1.3040 -0.36 1.3555 1.1741 Yen* 1.3015 0.20 1.3821 1.2285 Rupiah* 0.***** -0.55 0.***** 0.***** Baht* 4.3552 -0.04
      88 words

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  • SINGAPORE NEWS
    • 594 8  -  OH BOON PING Electronics output shrinks 6.7%, the first contraction in eight months B Y SINGAPORE'S factory output expanded 6.9 per cent year on year in January, thanks to a production surge in the biomedical cluster, the latest figures show. The Economic
      594 words
    • 459 8  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT Session was less fiery; more praise for Tharman By THE second day of the debate on the Budget Statement in Parliament covered much the same ground as when the debate started on Monday, but the comments made yesterday
      459 words
    • 327 8  -  KALPANA RASHIWALA By ASIAN Retail Mall Ltd (ARML) is giving up two floors of offices at Central Plaza and transferring the gross floor area to the next-door Tiong Bahru Plaza mall. The two office floors on Central Plaza's third and 15th
      327 words
    • 404 8  -  ARTHUR SIM By THE Housing and Development Board (HDB) launched its first build-to-order (BTO) development for 2008 yesterday, and 278 applications were received for 494 flats on the first day. Called Punggol Spring, the project has four-room flats priced at between $204,000
      404 words
    • 177 8 Bloomberg [TOKYO] The Government of Singapore Investment Corp (GIC) bought the Westin Tokyo hotel from Morgan Stanley, the brokerage said yesterday. GIC Real Estate, a unit of the Singapore sovereign fund, purchased the fivestar hotel from a company owned by real estate funds
      Bloomberg  -  177 words
    • 284 8 FORT Terrace, a row of 16 terrace houses at Fort Road in the East Coast has been put up for collective sale with an indicative price of $95 million. The site, which is being marketed by Colliers International, has an
      284 words
    • 183 8 SINGAPORE welcomed 883,000 visitors last month, up 6.9 per cent year on year growth and a January record, according to figures released yesterday by the Singapore Tourism Board (STB). Indonesia, China, Australia, India and Japan were the top five visitor-gen-erating countries, contributing to 52 per cent
      183 words
    • 421 9  -  CHOW PENN NEE The bank will be looking at Indonesia, Malaysia and Thailand next By THE number of millionaires here is set to grow despite recent market turmoil, says Citibank. "There is no slowdown in client wealth," Salman Haider, head of investments for
      421 words
    • 297 9  -  LAN POH Student exchanges, summer internships in the pipeline By NANYANG Technological University yesterday inked a cooperative research and development agreement with the US Air Force Academy (USAFA) the academy's first ever such agreement with any university outside the US. The
      297 words
    • 232 9 SINGAPORE Power (SP) is holding a workshop today and tomorrow to better educate participants on the fundamental principles and practical solutions regarding the reliability and quality of power systems. Fifty engineers are expected to attend the Power Systems Reliability and Quality Workshop at
      232 words
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      424 words

  • Page 9 Advertisements
    • 1319 9 r your global supply chain partner r^/^v X* I O Results 2007 group Year ended 31 December 2007 (Incorporated in Bermuda with limited liability) Dear Shareholders The Board of Directors of Noble Group Limited is pleased to present below Year ended Year ended the audited consolidated financial results for the
      1,319 words

  • ECONOMY WATCH
    • 596 10 -IHT EC to unveil today policy encouraging SWFs to adopt a voluntary code [BRUSSELS] A top official of the European Union has warned the bloc's member countries not to pass broad laws to restrict investment from sovereign wealth funds, despite fears about state-controlled
      -IHT; AP  -  596 words
    • 342 10 -NYT 2008 going to be a bad year for deal-making [NEW YORK] Most mergers fail. If that's not a bona fide fact, plenty of smart people think it is. McKinsey Co says it's true. Harvard, too. Booz Allen Hamilton, KPMG, AT Kearney
      -NYT  -  342 words
    • 436 10 Bloomberg Norway's fund seen as the 'gold standard': EU official [WASHINGTON] Govern-ment-run investment funds should be allowed to exercise their voting rights of the shares they purchase in US companies, provided they disclose their votes, a Treasury official said. "There are those who say
      – Bloomberg  -  436 words
  • Page 10 Advertisements
    • 49 10 ■^fl^R^^H^9^B^^nHfl^HyKfl^i IH 77hh ILllfll NexiaTS Public Accounting Corporation of the Tan Sitoh Group Congratulates our clients on SGX Catalist for receiving the awards at the Singapore Corporate Awards 2008 BEST ANNUAL REPORT (GOLD) INTERRA RESOURCES LTD fl BEST INVESTOR RELATION (SILVER) OKP HOLDINGS LTD Qfjfl OKP HOLDINGS LIMITED INTERNATIONAL
      49 words
    • 852 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOOGUANTIANKEEPTELTD Company Registration No. *****2814 D (In Member's Voluntary Liquidation) FINAL MEETING i/*i lmin ;mym.lm D Companies Act, Cap 50, that the APPLICATION UNDERTHE RESERVE FINAL MEETING of the members of the abovenamed Company will LIST
      852 words

  • MALAYSIA
    • 601 11  -  PAULINE NG Moves are aimed to make the two GLCs better regional players, say analysts By in Kuala Lumpur LEADERSHIP changes are underway at two of Malaysia's biggest governmentlinked corporations (GLCs) in what analysts believe to be moves to make them better regional
      601 words
    • 269 11 -AP [KUALA LUMPUR] Malaysia's struggling opposition sought to attract voters yesterday by pledging to eliminate corruption, give handouts to the poor and even help unmarried women find husbands if it wins the March 8 general elections. Opposition parties admit they have little hope of defeating Prime
      -AP  -  269 words
    • 206 11  -  Xinhua [KUALA LUMPUR] An 89-year-old grandmother has made headlines in local newspapers after she filed her nomination paper on Sunday to contest a Kuala Terengganu parliamentary seat in northern Malaysia. Maimun Yusof, who has 19 great-grandchildren, is perhaps the oldest election candidate ever in
      206 words
    • 368 11 Reuters Firm posts earnings of RM592.5m on increasing sales [KUALA LUMPUR] Telekom Malaysia, the country's top phone company, reported flat fourth-quarter profits, but beat market expectations for a drop as mo-bile-phone sales rose at home and in Indonesia. Analysts expect strong contributions
      Reuters  -  368 words
    • 89 11 Bloomberg [KUALA LUMPUR] Malaysia, the world's second-biggest producer of palm oil, may consider cultivating jatropha to make biodiesel as the South-east Asian nation reviews its renewableenergy policy. "We are definitely looking at jatropha as a possible feedstock," Michael Dosim Lunjew, secretary-general at the ministry
      – Bloomberg  -  89 words
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  • INDONESIA
    • 491 12 Reuters It has sold 20% of unit to local firm, will sell further 31% by 2010 [JAKARTA] Newmont Mining Corp said yesterday that it may ask the Indonesian government for an extension if it fails to reach an agreement by
      – Reuters; BLOOMBERG  -  491 words
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  • GREATER CHINA
    • 405 13 -AFP Consider size and timing of refinancing and investor capacity: regulator [SHANGHAI] China's securities regulator has warned listed companies against flooding the markets with shares after the country's main stock index slumped to a seven-month low. "Refinancing by listed companies is an important
      -AFP; AP  -  405 words
    • 210 13 -AFP [BEIJING] The Chinese government said yesterday it will sign a free trade agreement with New Zealand in early April, marking the Asian giant's first free trade package to be reached with a developed country. "The free trade agreement will be signed in
      -AFP  -  210 words
    • 183 13 -Reuters [BEIJING] China's banking regulator yesterday ordered banks to tighten risk controls when packaging and selling asset-backed securities (ABS). Securitisation is an embryonic business in China that should be developed gradually in line with banks' management skills, the China Banking Regulatory Commission said. Chinese
      -Reuters  -  183 words
    • 462 13 Reuters Road and rail firms set to outperform in volatile market [HONG KONG] China's crumbling roads and overcrowded railways may be a nightmare for travellers, but the transport sector offers a good bet for investors seeking reliable and growing profits. Massive amounts of government spending aimed
      – Reuters  -  462 words
  • Page 13 Advertisements
    • 11 13 jobs cars property shops ST t» 6& \U vtaM; stuff WWW.ST7OI.COM
      11 words
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    • 2184 13 Frustrated by slow network or Internet access in your office? Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? Wondering if you can prevent your staff from
      2,184 words

  • INDIA
    • 251 14 -AFP I ;NEW DELHI] India yesterday successfully conducted its first test of a nuclear-capable missile from an undersea platform, the defence ministry said. The launch from a submerged pontoon took place off India's southeast 3oast near the port city of Visakhapatnam around 1:00pm (0730
      -AFP I  -  251 words
    • 659 14 -AP Tata assures union on UK jobs, denies plan to sell Jaguar soon after purchase [DETROIT] America's Ford Motor Co and India's Tata Motors Ltd could announce the sale of British car makers Jaguar and Land Rover on March 5 or 6, a
      -AP; AP  -  659 words
    • 358 14 Reuters [NEW DELHI] India yesterday cut rail passenger fares and freight rates and unveiled a major push to modernise its huge network as it tries to woo voters ahead of a general election and bolster a fast-growing economy. Railways Minister Lalu Prasad Yadav
      – Reuters  -  358 words
    • 300 14 Reuters [TOKYO] India's No 3 software services exporter Wipro Ltd yesterday said it aimed to tie up with Japanese firms and may consider M&A, highlighting Indian software firms' growing desire to get into the Japanese market. "We have been very
      Reuters  -  300 words
    • 139 14 Reuters [MUMBAI] Merrill Lynch Co Inc, has appointed Kevan Watts as president of its Indian unit, DSP Merrill Lynch, to strengthen the management team, the company said yesterday. In his 27 years with the US investment bank, Mr Watts has held several top positions, including
      – Reuters  -  139 words
    • 2305 14 VOL ('000) Feb 26 RM A&M Realty 0.68 AbricBhd 0.21 Advance Synergy 0.15 Adventa Bhd 1.27 Ae Multi Hldgs 0.27 Affin Holdings 2.15 Ahmad Zaki Resou 1.24 AicCorp 0.66 Airasia Bhd 1.54 Akn Technology 0.57 Alliance Financi 2.96 Aluminium Co 1.06 Amalgamated Ind 0.49 Ammb HldgsBhd 3.74 Amtel
      2,305 words
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  • ASIA-PACIFIC/WORLD
    • 416 15 WHAT a difference a day makes. Only 24 hours ago the fleet were struggling to make headway against the current with little wind and snow falling on the decks. Since then, the predicted northerly wind has increased and the fleet is tearing down the Yellow
      ONEDITION  -  416 words
    • 354 15 [SINGAPORE] A Singaporean and 10 of her companies have been targeted under fresh US sanctions aimed at the Myanmar junta, adding to a list of firms hit by US sanctions. The treasury department's office of foreign assets control (OFAC) named three individuals on
      354 words
    • 494 15 Energy, food push up US producer prices 1 in Jan Reuters, AFP, AP Core prices rise 0.4%; consumer confidence index plunges in Feb [WASHINGTON] US producer prices soared in January, pushed higher by energy prices and the biggest increase in food prices in more than three years, data showed yesterday.
      – Reuters, AFP, AP  -  494 words
    • 168 15 Reuters [BANGKOK] Thailand's Election Commission ruled yesterday a top politician of the ruling People Power Party (PPP) was guilty of vote-buying in a December poll, which could possibly lead to a dissolution of the party. The five-member commission ruled three to two that there were
      – Reuters  -  168 words
    • 253 15 Reuters [LONDON] Standard Chartered beat forecasts with a 27 per cent rise in 2007 profit and said it was set for another strong year as Asian markets were well placed to cope with a US economic downturn, sending its shares higher. Standard Chartered, which
      – Reuters  -  253 words
  • Page 15 Advertisements
    • 1145 15 SNUS f~*r >) National University lv|lf!?4^PYfTl'^^ Aims and Benefits of the Program aa^maem*^ This executive master class cum public seminar on "real estate CDO market and the sub-prime crisis" is organized by the Department of Real Estate (DRE), National University of Singapore, as part of its continuous effort to disseminate
      1,145 words

  • Page 16 Advertisements
    • 287 16 \if \t 1 II J- Flying direct R /k_ HOI lQlOll to 1///////$-- IUU3LUII FROM 20 MARCH 2008, SINGAPORE AIRLINES INTRODUCES 4 WEEKLY FLIGHTS TO HOUSTON FOR $1388*. Travel to Houston, the gateway to the American South, and be captivated by the region's rich history and cultural sights. Wander through
      287 words

  • WORLD
    • 470 17 Company aims to restructure the SEN business into a software provider [FRANKFURT] Siemens will eliminate 40 per cent of jobs at its corporate telecoms unit to reshape the business into a software provider. The German industrial conglomerate said yesterday that it planned
      AFP  -  470 words
    • 276 17 Bloomberg [NEW YORK] US securities regulators may require fund managers to reveal the names of their auditors and brokers. The staff of the Securities and Exchange Commission (SEC) is working on a rule that would force hedge funds to provide information
      Bloomberg  -  276 words
    • 374 17 Reuters, NYT Reinsurance deal allowed AIG to improperly inflate its reserves [WASHINGTON] A US jury convicted four former executives of the General Re Corp unit of billionaire Warren Buffett's Berkshire Hathaway and a former executive of American International Group on
      – Reuters, NYT  -  374 words
    • 7799 17 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.919/ Star Europe Bond 1.192/ Star Europe Bal 1.162/ Star Asian Tiger Eqty 1.473/ Star Asia Bond 1.208/ Star Asia Balanced 0.993/ Star Global Technology Fund!" 0.193/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.859/ Gib Multi St USD
      7,799 words

  • MOTORING
    • 713 18  -  SAMUEL EE Quintessentially prides itself on 'accessing the inaccessible' By AN Italian sports car distributor has just zoomed into the international concierge service business. Edward Tan, who is involved in distributing Ferrari and Maserati sports cars, is one of the three people behind Quintessentially
      ARTHUR LEE  -  713 words
    • 675 18  -  SAMUEL EE Armed forces in S-E Asia to get updated version soon By CHRYSLER is recalling the Jeep for active duty and will soon dispatch an updated version of the rugged icon to military customers in the region. The Jeep J8 is a
      675 words
  • Page 18 Advertisements
    • 355 18 THE STRAITS TRADING COMPANY LIMITED (Incorporated In Singapore) LOST STOCK SHARE CERTIFICATES Notice is hereby given that the following stock/ share certificates have been reported lost. M^^mmM Asbir Kaur Sangha Mdm *****9 494 timTßh Realty Sdn Bhd *****9 1,000 *****1 100 *****8 220 Wong Wee Chee *****2 250 *****3 120
      355 words
    • 15 18 Lianhe Zaobao in Chinese stock market? #mum ffilDSBTttRHff&T ST t> I &t Ik Vi^dt itwffWWW.ST7OI.COM
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    • 75 18 FEBRUARY ISSUE OUT NOW! UW^^T^^^^T^^^^l^T^ml^^Wt REVIEWED INSIDE WV/ aaamPIUS? 'BaaWWwL'f Q 26 heavenly hours in an Audi R8 mmW J O More torque, less thirst the perfect SUV? o Ami the best-selling car in Singapore is... Aa^^Sl^^Mmmam^. KLEEMANN BENZ MV-KOOL WF^-' *^^k {2S THE RULES s 7 7 badder ami
      75 words

  • AVIATION
    • 402 19  -  YEN SREENIVASAN Shift in growth patterns indicate impact of US credit crunch on air travel By IN a sure sign that the global credit crunch is starting to bite into the commercial aviation industry, 2008 has seen a sharp slowdown in traffic. The
      402 words
    • 260 19  -  YEN SREENIVASAN By THREE aviation industry marketing communications specialists have banded together to launch a new global aviation public relations alliance. LeadingEdgeCommunications.aero, which was launched during last week's Singapore Airshow, brings together three leading aviation PR consultancies Singapore-based Euro Asia Communications, led by Anthony
      260 words
    • 475 19  -  YEN SREENIVASAN By CHANGI Airports International (CAI) has signed a Memorandum of Understanding (MOU) with the Middle Airports Authority of Vietnam (MAA) to invest, develop and operate Phu Bai International Airport in the city of Hue. This marks the first time that a
      475 words
    • 142 19 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the nation's largest carrier, said fourth-quarter profit almost doubled on higher traffic, boosting annual earnings to a record. Net income surged to RM242 million (Sslo6 million) in the three months ended Dec 31 from RMI22 million a
      – Bloomberg  -  142 words
    • 2454 19 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BB Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA Airways Corpn (EVA), CA:
      2,454 words
  • Page 19 Miscellaneous
    • 393 19 CRYPTIC CROSSWORD ACROSS 1 Area of unrest causing mid- 12 3 4 5 [6 die-eastern currency sumto be put H H H H H 9 Provide cover for winning 9 gun emplacement (9) 10 A year has transformed maids abroad (5) 11 I 1 City lad accepting business degree I
      393 words

  • ASIA PACIFIC MARINTIME 2008
    • 992 20 Singapore has the reputation, infrastructure and the right policies to tap the Asian shipping boom, reports VINCENT WEE WITH the Asia-Pacific region accounting for almost 40 per cent of the global maritime market, according to a recent survey by business intelligence consultancy Fusion Consulting, Asia,
      BLOOMBERG  -  992 words
    • 221 20  -  VINCENT WEE By SINCE Norwegian boat builder Maritime Partner started operations in 1994, it has used an agent to look after its interests in this region. But growing business has now led it to set up a joint venture firm in Singapore.
      221 words
  • Page 20 Advertisements
    • 138 20 26 -28 March 2008 _^ml!B!^^^> —^k\i Asia Pacific Singapore Expo www.apmaritime.com MARITIME n Sn -^^V Extended Opening Hours: \\*#Q "*%C^l 26 March 2008 (Wed) 1000-1900 hrs s^g^ 0^ oo* M a mmmlm +lt+*!i7^^^ 27 March 2008 (Thur) 1000 1900 hrs t si^°* \t^^^ IfANNIVERSARY [28 March 2008 (Fri) 1000-1700 hrs
      138 words
    • 18 20 This four-part weekly series is brought to you by Asia Pacific Maritime 2008 Asia Pacific MARITIME I {anniversary
      18 words

  • SHIPPING
    • 565 21 Reuters Dalian Port mulls domestic stock listing as early as next year [DALIAN, China] Dalian Port (PDA) Co Ltd, which operates China's second-larg-est oil port, is pondering a domestic stock listing as early as 2009 to fund a capacity and
      Reuters; FILE PHOTO  -  565 words
    • 287 21 By VINCENT WEE IMC Corp has enhanced its offshore engineering portfolio in anticipation of rising upstream demand in the oil and gas (O&G) industry by recently acquiring Singa-pore-based offshore marine engineering company Marine Engineering Services (MES). "IMC will meet the strong demand for offshore
      287 words
    • 214 21 Bloomberg [HONG KONG] Star Cruises Ltd, Asia's biggest cruise operator, said its fourth-quar-ter loss narrowed after it sold more tickets and raised prices to cover surging fuel costs. The company's net loss was U*****.5 million, or 1.66 cents a basic share, compared with
      – Bloomberg  -  214 words
    • 395 21 Bloomberg [TORONTO] Norilsk, the world's biggest producer of nickel, is building its own shipping fleet to capitalise on the melting of the polar ice caps. The company ordered five reinforced cargo vessels that can plough through the waters north of Siberia as
      – Bloomberg  -  395 words
    • TRANSPORT STOCKS
      • 110 21 '000 ■eb 26 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.62 0.36 4.26
        110 words
      • 36 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.87 8.95 8.95 4.18 3.06 0.24 0.15 -0.01 -0.15 unch 0.02 unch 0.02 -0.01 79 842 158 1121 27 71 135
        36 words
      • 12 21 ■oo ■recious Ship Jegional Cont 27.50 24.90 -0.50 0.10 1491 347
        12 words
      • 15 21 '000 ■ell 26 HK$ Vol Doil iingamas Cont 42.75 2.27 0.25 -0.02 424 1620
        15 words
      • 25 21 '000 26 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 31.50 2.10 unch 0.10 -0.50 unch unch 1422 252 49 0
        25 words
      • 23 21 Evergreen Marine ....25.20 :irst Steamship 68.60 /Van Hai Lines 26.05 r"ang Ming Marine ..20.15 -0.35 unch 0.05 -0.35 25 8 11 20
        23 words
      • 43 21 '000 :eb26 Yen Vol (awasaki Hvy Ind ..265.00 5.00 ***** (awasaki Kisen ...1135.00 -6.00 4964 Mitsubishi Hvy 518.00 -1.00 ***** Mitsui Eng&Sbldg ..330.00 9.00 ***** Mitsui Osk Lines ...1476.00 -16.00 ***** Mippon Express 565.00 -1.00 4963 MipponYusen 1046.00 unch 8986 iource: Reuters
        43 words
    • 223 21  -  Xinhua [CHANGSHA] China's marine shipping business continued to grow rapidly and notched up 341.4 billion yuan (5567.2 billion) in value added last year. The figure poses a year-on-year rise of 21.1 per cent, according to a statistical bulletin released at an ongoing annual conference
      223 words
    • 245 21  -  CONRAD RAJ By YANTAI Raffles Shipyard, China's largest rig builder, has delivered an accommodation barge Mobile Offshore Drilling Unit to Norwegian oil and gas service company Marine Subsea. The barge, named African Caribe, is 102 metres long by 30 metres wide, can accommodate 350 peo- pie
      245 words
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  • EDITORIAL & OPINION
    • 538 22 IN recent weeks, the debate over how sovereign wealth funds (SWFs) should be treated by recipient countries that is, countries which receive their investments has gained new momentum. The issue was one of the highlights of the World Economic Forum summit at Davos
      538 words
    • 1059 22  -  CHRIS ZOOK, EDMUND LIN TILL VESTRING Many businesses will fail the test of how to guide their companies through brewing storm By' and AFTER years of growth, Singapore's economy is experiencing some sharp jolts. Consumer prices are rising at the fastest pace in
      FILE PHOTO  -  1,059 words
    • 756 22  -  FRANK CHING THE BOTTOM LINE AT precisely eight minutes past Bpm on August the eighth eighth day of the eighth month of 2008, making it a triple eight the Games of the XXIX Olympiad will officially open in Beijing. After a couple of centuries
      756 words
    • 1572 23  -  TRACY WILKINSON -LATWP The Italian fashion industry is facing a dilemma as thousands of Tuscan factories that produce the region's fabled leather goods are now staffed by low-cost Chinese labour By in Prato, Italy THE "Made in Italy" label conjures images of little
      -LATWP; BLOOMBERG  -  1,572 words
    • 896 23  -  ANDY MUKHERJEE YOGI Patel, a retired chemical engineer and motel owner from Dallas, was nearing the end of his presentation about the need to tackle illiteracy in India when he put up a slide showing a thumb
      896 words
    • 274 23 LETTERS TO THE EDITOR AS a shareholder of listed Sincere Watch Ltd, I recently received the usual parcel of information to shareholders concerning the takeover of Sincere by another company and the letter of offer form for me to fill up. However, what was
      274 words
    • 104 23 WE refer to the article, "Spore January inflation rate rises to hit 6.6%" (BT, Feb 26). In the fifth paragraph of the article, it was reported that "The January high not only comes off revised annual values of HDB flats, it also reflects a
      104 words


  • SINGAPORE STOCKS
    • 6966 24 Transaction date: Feb 26 High Low Code Company Sale C000) High ow Buyer Seller C'vr P/E $mil 5716 1st Software 282i S Si?" 107 98 6389 ABF SG Bond ETF 30 13.5 1938 AEI Corp 26 7.5 1100 AEM 42 16.4 2101 APOil 141 54.5 5550 ARA 22
      6,966 words
    • 81 24 52-Wk Tel Hiqh Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hu 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      81 words
    • 2045 24 Hii |h Low Code Comi >an< Sale COOP) Hii Low Bu1 rer Seller C'vr P/E Smil 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
      2,045 words
    • 200 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      200 words
  • Page 24 Advertisements
    • 29 24 mmw mmr \**\aa* ma*a^^%*. Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. am— ~Ssj[ M 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676.
      29 words

  • FINANCE & COMMODITIES
    • 369 25 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb 25 World Index Preliminan 1035.1 1.1 -8.5 1.1 -9.9 1.1 -7.I EAFE Preliminan 1006.2 1.8 -10.2 1.7 -10.8 1.7 -8.7 Euro[ Preliminan 1384.2 1.8
      369 words
    • 66 25 Feb 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 08 3833 3781 3850 3753 173 2181 Apr 08 3897 3795 3899 3760 1295 ***** May 08 3900 3792 3903 3760 6601 ***** Jun 08 3897 3792
      66 words
    • 22 25 Feb 26 STI SIMSCI Feb 384.5 384.5 383.2 Taiwan Feb 326.8 327.3 326.9 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 25 Feb 26 Bid Offer 1-month 1.4018 1.4033 2-months 1.3999 1.4014 3-months 1.3984 1.4 6-months 1.3939 1.3956 Source: OCBC
      21 words
    • 153 25 Fejb26 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3006 1.3022 0.9264 0.9267 Canadian dollar 1.4066 1.4086 1.0019 1.0024 Euro 2.0761 2.0786 1.4788 1.4792 NZ dollar 1.1355 1.1379 0.8088 0.8098 Sterlini md 2.7596 2.7626 1.9657 1.9661 US dollar 1.4039 1.4052 S$/US$
      153 words
    • 361 25 Fejb26 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 97.012 97.295 97.410 97.345 0 0 0 0 ***** ***** ***** 6677 EUROYEN FUTURES Mar08 99.150 99.150 Jun08 99.240 99.240 Sep08 99.310 99.320 Dec08 99.305 99.310 Mar09 99.255 99.255 Jun09 99.190 99.190 Sep09 Dec09
      361 words
    • 290 25 Feb 26 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 08 401.00 404.25 405.75 405.50 405.50 404.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      290 words
    • 126 25 As at 9am Feb 26 of foreign currency: Currencies Bid Offer Aust dollar 1.2970 1.3130 Can dollar 1.4030 1.4190 Euro 2.0720 2.0960 NZ dollar 1.1340 1.1590 Sterlini md 2.7490 2.7801 US dollar 1.3970 1.4130 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
      126 words
    • 160 25 Feb 26 Overnight 7/8 1 -month 1 7/16 2-months 1 1/2 3-months 1 9/16 Overnight mode: 1 1/4 USS Offer 3/4 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 3.13 3.15 3.13 3.14 3.07
      160 words
    • 468 25 Fejb26 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.925 6.629 0.626 7.224 36.988 84.247 1.001 8.777 2.977 1.145 57.951 37.502 1.301 7.111 1.011 28.886 29.895 0.471 0.927 Canada 1.082 7.170 0.678
      468 words
    • 160 25 Feb 26 /oz) Hong Kong 944.90 927.30 945.90 928.30 Felb 22 Feb 25 London 943.20 934.50 944.10 935.20 Source: Reuters (SS) Selling Buying 1 oz 1465.9 1322 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $513.60 422 SILVER Selling Buying (SK Sellini Buj 'im $513.60 Selling 422 Buying
      160 words
    • 79 25 Felb 26 (USS) (S$) 3.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 1 mth 2 mths 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.***** 3 yrs 2.*****
      79 words
    • 89 25 Felb 26 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****W 29.05.08 1-Year BY*****A 29.09.08 1.33 1.36 1.29 1.29 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High 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
      89 words
    • 70 25 Felb 25 Co iiuiii, yy.i (USS/tonne) Close Previous Cash 2864.50 2883.80 3 months 2902.00 2920.00 Copper, Grade A (USS/tonne) Cash 3 months 8238.00 8200.00 8374.50 8330.00 Lead (USS/tonne) Cash 3233.00 3 months 3220.00 3273.00 3260.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 81 25 Felb 25 (£/tonne) Close Prev Hii ih/Low Mar 08 1303 1294 1306/1287 May08 1330 1322 1335/1315 Jul 08 1354 1346 1358/1340 Sep 08 1354 1346 1355/1340 COFFEE (USS/tonne) Close Pev High/Low Mar 08 2544 2468 2575/2470 May 08 2582 2502 2610/2502 Jul 08 2601 2523 2630/2520 Sep 08 2609
      81 words
    • 105 25 Felb 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 08 1452.00 1420.00 1466.00 1437.00 May 08 1469.25 1438.25 1485.00 1453.00 Jul 08 1485.50 1452.75 1498.50 1471.00 Aug 08 1475.00 1441.00 1485.00 1467.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 63.60 62.30 63.60
      105 words
    • 76 25 CRUDE OIL PRODUCTS Feb 25 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 97.76 1.33 WTI (Near Mth) 99.33 0.18 Dubai (1-Mth F) 92.76 0.72 Tapis blend 103 0.9 Minas 97.9 0.9 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 97.72 115.30 0.77 1.9 USS/barrel Opec Oil
      76 words
    • 2045 25 BONDS WARRANTS rel lode Com| Last Sale +orPrem Expiry Vol Conv Exer Disc Gear- Mths COOP) Ratio Price ing Left >an; 1036 Advance SCT Ltd W*****9 )092 Asia Environment W*****4 3657 Biosensors DB ECW*****3 1014 Capitaland BNP ECW*****8 1015 Capitaland BNP ECW*****2 3664 Capitaland BNP ECW*****3 6 22.5 27.5 26.5
      2,045 words
  • Page 25 Advertisements
    • 80 25 *~Amm\ r^_. a W am ML A Ama\r^=^- _>^_ A* W _THJv_T?is?WcW?Hi=u'mJW .AmmW^m tf ■_MHH_9iPfi_M -^I__§ fei_ri_ri^"""" _9Hi MMMHHMHW \mmWs \a4t H_^-J j_| K?ftri^___P I_F 1 fV Jr' ■3|ia£2ilM_____________i_ \y*mms 4 W**w* IX M^ ™3__« *y fa w J fej l-^> Jlv __ri^__-___!_.iisizu y J4 f_i HM PMtWMIPPII HHI Hl_
      80 words

  • Page 26 Advertisements
    • 3125 26 mm THE BUSINESS TIMES mmmm Shipping Times A _V KPP I WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r Wg mmmn arni^Ar WmW^JSSSm^aijjam gßwrCTfrrr^Alrli rMD| 1 TEL *****588 (l 4 LINES) FAX: *****163 _>— I V A^ _*1 ll IrJ^Vl iB W^f^WWtKSwWff§M mWmtmmmm\^a*mmm V\\M 1 IA/AM HAI INFx Customer Service/Bookings Direct Line-(1800)
      3,125 words

  • Page 27 Advertisements
    • 3407 27 Bllllfc in llffl IfTTA EASTERN CAR LINER, LTD [W Q®3S^ f ff-£J SPEC.AUZE.N RORO I HEAVY UFT UPTO 450 TONS -JS gS I |i||| \a\aaammm tmjjj^jjj^^jjjjjj^ I VOY I Ramp(KT) I lillina(KT) I SIN I PKI I PNN l" JKT I LCB I BTU IffilliHiJUßUttir^^ *jg-g£j=j^j^^^-~^^ I s COSMIC LEADER
      3,407 words

  • Page 28 Advertisements
    • 3638 28 R^^^^W I I A MnCDCCMH Tel: 65-*****907 Fax: *****917 I __F__iW mW KB Erl H9 Brl K5 ANUhKbtN Emai sc @„sc-asia.com IVSH RlflßY MAUIGATiniU RRflllPl ■»pWW|V ISM Bsfl IMH shipping comp»n"v7 70 Shenton Way, #21-03 Marina House Singapore *****8 MQA UI.WH I IinWIUHIIUII UtlUUr JMPPSWBWiPB^ IP NORTH WEST EXPRESS LINE
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  • EXECUTIVE MONEY
    • 836 30  -  MARK HULBERT Judging from how companies have been raising new money, there is little evidence of extreme levels of speculation at the recent stock market high By FROM at least one perspective, the stock market peak of last October was not accompanied by the speculative
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    • 1020 30 HOT ON COMMODITIES The composition of an index will to a large extent determine the nature of the risks and returns you may experience, says GENEVIEVE CUA RESOURCES are shaping up to be an investment theme for the decade, as the dynamics of scarce
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    • 1044 31 The principle behind technical analyst David Bensimon's accurate forecasts lies in the symmetries in markets, reports GENEVIEVE CUA MAKING forecasts is a tricky business, as many analysts and fund managers will tell you, but it does not faze technical analyst David Bensimon. Some of
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  • Page 31 Miscellaneous

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