The Business Times, 4 March 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL28857
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg 9mW A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA(P) 122/12/2007 Tuesday, March 4,2008
    21 words
  • Article, Illustration
    Lock icon GIC strategy may get public airing
    617 1  -  OH BOON PING Disclosures to show that Spores SWFs are essentially commercially-oriented [SINGAPORE] The strategy behind the Government of Singapore Investment Corporation (GIC) could soon be set out in a public document, Parliament learned yesterday. Lim Hwee Hua, Minister of State for Finance and
    617 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      43 1 lorn lay lange I COMP 1,330.61 -26.79 IIKKEI225 12,992.18 -610.84 IANG SENG 23,***** -746.70 ;et INDEX 842.92 -2.84 JAKARTA COMP 2,652.31 -69.63 1ANILA COMP 3,079.99 -50.00 ;eoulcomp 1,671.73 -39.89 ;henzhenb 633.20 -1.72 IUMBAI IND 16,677.88 -900.84 11AM EDT Change 12,195.07 -71.32 )OW
      43 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.798 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.44 INDIA 12.50 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      37 1 IS$ [S$ M 1.396 (US$/S$ )er 1.983 2.767 ;uro(uss/s$/e) 1.520 2.122 'EN 102.7 73.60 3.201 2.293 N<$ 7.784 5.576 !AHT 31.65 22.68 lUPIAH 9.118 6.532 1ENMINBI 7.106 5.091 INDIAN RUPEE 40.29 28.86 1.073 0.769 1.255 0.899
      37 words
  • Article
    Lock icon Straits Trading within Tans' reach as Great Eastern accepts offer
    598 1  -  CHOW PENN NEE With over 50% stake, Tans' $6.70 offer will become unconditional [SINGAPORE] The takeover saga involving two of Singapore's most illustrious business families and one of its oldest companies is finally headed for a resolution. Great Eastern Holdings
    598 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      1 1 8"*****l"*****4'
      1 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      94 1 Vv' mwe Hjc y*- *m^9 Mwk DBS DE BETHUNE The Horolobical Masterpieces 6 *^iw Manual-winding mechanism with hours, minutes, patented De Bethune f ff^M^f\\\i. aSkm REVOLVING MOON, POWER RESERVE INDICATION ON THE CASE BACK S ELF-REGULATING I ¥'$!s«§£-^ftS V>MHo| double-barrel mainspring 3RD generation patented De Bethune ultra A\ 1 LIGHT
      94 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      53 1 (u7| EMERGING I COMMENTARY I PSA I SHIPPING tnrm 7 ENTERPRISE Stop letting warrants S^^^> Profit up 59% CEO fired after f I The business of security distort picture jk to 1.9b losses bust forecast A. M PAGE 11 PAGE 4 -^EmmAS^ PAGE 2 PAGE 19 .mmmW aBBB' PRO-ENTERPRISE CHANGES
      53 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon PetroChina eyeing refinery in S'pore
      518 2  -  RONNIE LIM Giant China outfit carrying out a feasibility study on the project: sources [SINGAPORE] China's PetroChina the world's largest listed company by market capitalisation is looking at building a world-scale refinery in Singapore, sources said. The project will easily run into billions of dollars.
      518 words
    • Article
      Lock icon PSA 2007 profit up 59% at $1.9b
      417 2  -  VINCENT WEE Earnings per share rose from $1.99 to $3.17 [SINGAPORE] Leading port operator PSA International's 2007 profit rose 59.2 per cent to $1.9 billion from $1.2 billion previously, boosted by positive economic sentiment and volume growth intra-Asia and on the Far East
      417 words
    • Article, Illustration
      Lock icon Will Russia's new president be his own man?
      681 2 Bloomberg, Reuters NEWS ANALYSIS [MOSCOW] Russia's next president, Dmitry Medvedev, vowed yesterday to uphold his mentor Vladimir Putin's policies after an easy win in an election criticised by Western observers as not fully fair and democratic. Highlighting the double act that will
      Bloomberg, Reuters; REUTERS  -  681 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Spore gives solar energy sector a $20m boost
        76 2 THE government is giving the renewable energy sector a push amid soaring oil prices, by setting aside more than $20 million for the Solar Capability Scheme, the Minister of State for Trade and Industry S Iswaran announced yesterday. The fund will go
        76 words
      • Article
        Lock icon Al-Futtaim offer for Robinson open till April 3
        74 2 SHAREHOLDERS of Robinson and Company have another month to consider whether or not to accept the takeover offer by ALF Global Private Ltd, a unit of the Middle East-based Al-Futtaim Group. Yesterday, Standard Chartered Bank said on behalf of ALF that the
        74 words
      • Article
        Lock icon Indonesians launching takeover of Richland
        63 2 A GROUP of politically well-connected Indonesians is launching a takeover of little followed Singapore-listed Richland Group. Edward Soeryadjaya, together with his associate Soetrisno Bachir, is offering some $30.1 million for 89 million shares representing 70 per cent of the total issued shares in the logistics
        63 words
      • Article
        Lock icon Europtronic enters jatropha, solar power business
        38 2 EUROPTRONIC Group, a maker of electronic components, is the latest Singaporean company to enter the environmental services field with ventures into jatropha and solar power, it revealed yesterday. COMPANY NEWS, PAGE 5
        38 words
      • Article
        Lock icon Means testing threshold set at $3,201 a month
        64 2 THE threshold income at which means testing will start applying has been set at $3,201 a month, a level that will see most Singaporeans unaffected by changes to the subsidy that they are entitled to, should they be hospitalised in Class B2
        64 words
      • Article
        Lock icon Bursa Malaysia bets on futures
        61 2 BURSA Malaysia, hopes to become a regional commodities-trading hub, forging alliances with markets such as the Chicago Mercantile Exchange, Bursa's chief said yesterday. Bursa faces an uncertain outlook for its main equities market and is looking to expand aggressively in derivatives trade, using its main
        61 words
      • Article
        Lock icon SHK Properties chief forced to take leave: director
        74 2 A BOARD member of Hong Kong property giant Sun Hung Kai Properties has confirmed that chairman Walter Kwok Ping-sheung was forced by his mother to take leave from the company, fuelling suspicion of a family rift. Non-executive director Lee Shau-kee said Mr
        74 words
      • Article
        Lock icon BNP cuts China property shares to 'underweight'
        65 2 INVESTORS should cut their holdings in Chinese property because of a slowdown in housing starts and home prices that will crimp earnings growth, BNP Paribas said. The bank downgraded China real estate shares to "underweight" from "overweight", and slashed the 2008 earnings growth
        65 words
    • Article, Illustration
      Lock icon S'pore gives solar energy sector a $20m boost
      619 3  -  LYNETTE KHOO Incentive scheme to spur innovative approaches and capability [SINGAPORE] The government is giving the renewable energy sector a push amid soaring oil prices, by setting aside more than $20 million for the Solar Capability Scheme, the Minister of State for
      FILE PHOTO  -  619 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      62 2 mWHwMBmy i l'l^HHHHH| M%\*^ mEmmml I Produced by Partner Heldin Supported by Gold Sponsors Lifestyle Sponsors Official Hotel Official TV Partner Ht mfl ß,N^ Mf5SfS 18 GOOD rrrrm philips vlfe "■"iwijc ai k.bb.i B iy RSSSUfSK Audi *-rf,in,.i«i>o™. P ,™i« streOlS CNBC Marketing Partners Official Media Partners BlP.4sC.hine ummmmm as
      62 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      13 2 ■%**m*I** Our resume PSSRSlr includes Fortune WOlR 500 companies. www.thepeopleatwork.com Asia-Pacific Executive Search
      13 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      287 3 SINGAPORE'S MOST MAGNIFICENT LUNCH yL^ mm f**m^a^ Prive has introduced what is arguably Singapore's most magnificent lunch; a two course lunch for $32++, a three course lunch at $38++ or the magnificent four course lunch at $68++. Throw in the culinary talents of our Mains are a culinary tour de
      287 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Al-Futtaim offer for Robinson open till April 3
      614 4  -  ANGELA TAN Otter price remains at $6.25 a share, below yesterday's $6.69 close SHAREHOLDERS of Singapore's oldest retailer, Robinson and Company, have another month to consider whether or not to accept the takeover offer by ALF Global Private Ltd, a unit of
      : I FILE PHOTO  -  614 words
    • Article, Illustration
      Lock icon S'pore-incorporated Mortice to list on London's AIM
      465 4  -  CHOW PENN NEE SINGAPORE-incorporated Mortice, which controls a security services firm in India, wants to make its base here. Singapore's connectivity makes it an excellent location to service the rest of Asia, which Mortice eventually hopes to cover. So why has it decided
      465 words
    • Article
      Lock icon Indonesians launching takeover of Richland
      369 4  -  YEN SREENIVASAN By A GROUP of politically well-connected Indonesians is launching a takeover of little followed Singa-pore-listed Richland Group. Edward Soeryadjaya, whose family used to control listed L&M group and Indonesia's Astra group, together with his associate Soetrisno Bachir, is offering some $30.1 million for
      369 words
    • Article
      Lock icon SembCorp suffers biggest fall in more than 3 yrs
      274 4 Bloomberg SEMBCORP Industries Ltd, the owner of the world's second-biggest oil-rig maker, tumbled the most in more than three years in Singapore trading, after fourth-quarter profit fell and management warned of lower earnings from the UK. SembCorp's net income for the
      Bloomberg  -  274 words
    • Article
      Lock icon Stop letting warrants distort picture
      771 4  -  R SIVANITHY EVERY day, stock market players either log on to the Singapore Exchange's website or Teletext to check the state of the market. Apart from looking at indices and individual prices, most would also glance at the number of rises and falls, or to
      771 words
    • Article
      Lock icon Europtronic to go environmental; invests in jatropha
      420 5  -  MATTHEW PHAN The group invests USS6m in jatropha, a form of biodiesel, and solar power EUROPTRONIC Group, a maker of electronic components, is the latest Singaporean company to enter the environmental services field with ventures into jatropha and solar power, it revealed yesterday.
      420 words
    • COMPANY BRIEFS
      • Article
        Lock icon Templeton rejects AsiaPharm offer
        48 5 TEMPLETON Asset Management has dismissed a private equity bid at 72.5 cents a share for AsiaPharm as too low and disadvantageous to minority shareholders, Reuters reported. It owns about 4 per cent of AsiaPharm. The offeror is LuYe Pharmaceutical, a unit of MBK Partners.
        48 words
      • Article
        Lock icon RH Energy to buy into China Oil
        43 5 RH Energy said its unit Ruihua Petrochemical has received approvals from the Chinese authorities for its proposed acquisition of 68.5 per cent of China Oil Zhong Zhou Engineering Supervision Co for 5.7 million yuan (551.12 million).
        43 words
      • Article
        Lock icon A-Sonic sets up China unit
        37 5 A-SONIC Aerospace has set up a wholly owned China unit, A-Sonic Logistics (China), to provide supply chain management services. It has also signed an MOU to set up a Thai joint venture.
        37 words
    • Article
      Lock icon CAE eyes US market with US$l4.5m deal
      353 5  -  GEOFFREY LEE CHINA Auto Electronics Group (CAE), a manufacturer of automobile electrical and electronics distribution systems, has entered into an agreement with US-based THB Zaima Group (THB Zaima) to buy 80 per cent of its wiring harness and battery cable assemblies assets for
      353 words
    • Article
      Lock icon CNA Group unit wins US$110m Dubai contract
      303 5  -  WEE JUN KAI A CONSORTIUM involving two subsidiaries of mainboard-listed CNA Group has won a US$llO million contract in Dubai's project to build a world class racing complex. CNA announced yesterday that the consortium involving its Du-bai-based units CNA Integrated Technologies LLC and
      303 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      47 4 MOTOR RACING 4t\£+^fl^tt JOIN THERUSH! j^*A Sales start i I \Jm\Jr\ Tat Singapore Pools raFwjt Watch Australia Race telecast *a "Live" at Sportsßuzz@Paradiz on 15 Mar at 11 am and A——^^ 16 Mar at 18.30pm mmmmM Wu m w mmm W\^ mm MnM mW^mm\wo^mm\m ■^B^B^^^^^B rs® MARKETS
      47 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      461 5 /Sy Get your Rabobank Warrant l'o Ihl Highlights daily via email. %7 Visit www.rabowarrants.com.sg or ■E||ll^ Oi*l9jaM|flj9 tLA y emailwarrants@rabobank.com DBS RB ECWOBO63O (E3FW) DBS RB EPWOBO7IB (E7EW) DBS GROUP HOLDINGS LTD Call DBS GROUP HOLDINGS LTD Put Exercise Price S$ 17.80 Exercise Price S$ 16.00 L Expiry Date 30
      461 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI dives almost 100 pts in sell-off
      587 6  -  R SIVANITHY STOCKS Market falls in tandem with regional bourses after Dow's Friday plunge NOT unexpectedly, the local stock market suffered yet another body blow yesterday, tanking in tandem with Wall Street's Friday plunge that spread throughout the region. With Tokyo's Nikkei index
      : Bloomberg  -  587 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      91 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 10 4 0 0 0 10 lanufacturing 19 113 46 17 11 23 130 57 Commerce 43 14 10 53 "pt/Stor/Comms 29 31 :inance 28 28 Construction 14 22 'roperties 34 34 lotels/Rsts iervices 11
      91 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 50.689 50.689 293.044 293.044 lanufacturing 325.972 40.556 366.528 305.419 5.459 310.879 Commerce 43.878 4.332 48.210 67.334 559 67.893 'pt/Stor/Comms 116.267 448 116.715 352.855 130 352.985 :inance 39.798 39.798 363.963 363.963 Construction 49.726 84.554 134.280 9.438 9.695 19.133 ■roperties 70.976
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 6 CapitaLand 6.070 -0.230 Olam 2.470 -0.120 lapitaMall 3.200 -0.070 S IA 15.040 -0.300 jtyDev 11.240 -0.720 SGX 8.050 -0.340 Iosco Corp 3.720 -0.360 SIA Engg 3.930 -0.090 IBS Grp 17.020 -0.320 SPH 4.300 -0.100 :&N 4.700 -0.200 ST Engg 3.320 -0.110 ientlntl 0.605 -0.020 SembCorp Ind
      106 words
    • Article
      Lock icon BROKERS' TAKE
      316 6 Pacific Healthcare March 3 close: 550.325 CIMB Research, March 3 BELOW expectations: FYO7 core net profit of $3.4 million (+49 per cent year-on-year) is 8 per cent below our expectation, with 4Q07 core profit of $1.5 million (+l2-fold year-on-year), 17 per cent below our expectation. The shortfall can
      316 words
    • Article, Illustration
      Lock icon Further downside risk seen for STI
      356 6  -  KEN TAI CHEE MING, CHART POINT Source: THE Straits Times Index (STI) triggered a clear signal yesterday by breaking below the base of its triangle formation. This is a global phenomenon as shown by similar chart patterns on the S&P 500, DJ Euro Stoxx
      : Bloomberg  -  356 words
    • Article, Illustration
      Lock icon Risk aversion back after Wall Street slide
      528 6  -  LARRY WEE CURRENCIES SAFE-REFUGE favourites soared but favourite currency punts were battered yesterday, following news of another painful Wall Street slide last Friday. News that US financial giant AIG had reported a fresh loss of US$ll billion on their credit default swap portfolio
      : Reuters  -  528 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 6 CLOSE -706.00-415.00 BT OB/OS BT CADI -*****.00-326.00 BT 10-day MA -*****.00 -71.00 FTSE ST Mid Cap 769.89 -23.52 FTSE ST Small Cap 677.79 -17.46 FTSE ST All Share 760.63 -24.59 FTSE ST China 499.50 -26.57 SIMSCI 360.83 -12.35 UOB Blue Chip 358.20 -14.30 OCBC OTC 164.82--9.80
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Global Voice 83,626,000 Yanqzijianq 61,116,000 Sapphire 58,813,000 Golden Agri 35,326,000 Sing Tel 34,569,000 ChinaPreci 30,068,000 Cosco Corp 28,355,000 Synear 25,164,000 HLH Grp 22,065,000 E3 Hlds 20,887,000 VALUE(S) Sing Tel 128,896,390 DBS Grp 126,804,228 Cosco Corp 108,225,142 Straits Trdg 107,928,930 Capita Land 102,055,180 Keppel Corp 101,693,160 UOB
      59 words
    • Article
      Lock icon RISES
      108 6 BY CENTS CLOSE UP WBL Con 516 41.0 8.6 UE 400 16.0 4.2 STI 3450 DBePW*****2 112 15.0 15.5 STI 3700 DBePW/*****0 78 11.5 17.3 STI 3100SGAePW*****9 62 10.5 20.4 DBS Bk6% NCPS 10 ***** 10.0 0.1 OCBC Bk4.5%NCPS 100 ***** 10.0 0.1 RichLand 30 9.0 42.9 STI 3100SGAePW*****8
      108 words
    • Article
      Lock icon FALLS
      114 6 China H 10US$ CLOSE DOWN 1720 -86.5 -3.5 Jardine C&C 2074 -76.0 -3.5 lit 1124 -72.0 -6.i il Con 1016 -62.0 -5.I JSH 1586 -61.4 -2.7 Venture Con 980 -50.0 -4.! GLD 10US$ 9765 -48.8 -0.4 ISMSCI India 100 783 -47.4 -4.2 CIMBAsean40 100US$ 956 -40.5 -2.9 SembCo Ind
      114 words
    • Article
      Lock icon CURRENCIES
      88 6 iere! S$ stands Mar 3 CHNG CLOSE FR Feb 29 YR 2008/07 S$ LOW S$ HIGH USS 1.3937 -0.05 1.5479 1.3907® Euro 2.1144 0.12 2.1639 1.9913 Pounds 2.7652 -0.15 3.1194 2.7390 AS 1.2968 1.31 1.3555 1.1741 Yen* 1.3534 -1.41 1.3821 1.2285 Rupiah* 0.***** 0.50 0.***** 0.***** Baht* 4.4077 0.01
      88 words
Page thumbnail Page 7
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon BASF mulls more mfg, R&D investments
      659 7  -  RONNIE LIM It's 3 years ahead of 2010 target to secure one-fifth of its sales in Asia AS part of its Asian expansion plans, German chemicals giant BASF is exploring further manufacturing as well as research and development investment possibilities here with the Economic
      659 words
    • Article
      Lock icon Policyholders to get annual bonus updates
      340 7  -  GENEVIEVE CUA Greater disclosure by insurers follows MAS requirement By TRADITIONAL life insurers are to issue annual bonus updates, to tell policyholders how the participating fund has performed and give a projected outlook. The report will also tell customers how the par fund's past
      340 words
    • Article
      Lock icon IDA kick-starts second phase of broadband project
      317 7 LOCAL authorities have started the search for a new company to resell the massive bandwidth that will be available on Singapore's future broadband highway. The Infocomm Development Authority (IDA) of Singapore yesterday kicked off the so-called pre-qualifica-tion phase for businesses that are keen
      317 words
    • Article, Illustration
      Lock icon Means testing threshold set at $3,201 a month
      566 8  -  CHEN HUIFEN YESTERDAY IN PARLIAMENT The scheme will be implemented in all public hospitals next January THE threshold income at which means testing will start applying has been set at $3,201 a month, a level that will see most Singaporeans unaffected by
      FILE PHOTO  -  566 words
    • Article
      Lock icon JTC will still provide affordable industrial space: Hng Kiang
      362 8 THE JTC Corp is not deviating from its role to provide affordable factory space, said Minister for Trade and Industry Lim Hng Kiang yesterday in response to a question on whether JTC is shifting its focus with its recent plans to
      362 words
    • Article
      Lock icon Govt to introduce new regulations under CPFTA
      481 8 THE government is looking to implement legislative changes to the Consumer Protection (Fair Trading) Act (CPFTA) this year, which may result in financial services such as banking and insurance that currently do not fall under the Act to come under its jurisdiction. The
      481 words
    • Article
      Lock icon A global slump offers chance to restructure: Hng Kiang
      677 8  -  LYNETTE KHOO Strategy is to grow key clusters, tapping openings that arise ANY slowdown in the global economy would be a period for Singapore to consolidate its gains, strengthen its fundamentals, and position itself for the next upturn, Minister for Trade
      677 words
    • Article
      Lock icon US financial services group acquires Radix Energy
      350 8  -  RONNIE LIM CANTOR Fitzgerald has bought over Singapore oil brokerage Radix Energy for an undisclosed sum with the deal giving the New York-based financial services group a stake in the energy business for the first time. Arising from the purchase, a new oil
      350 words
    • Article
      Lock icon Bayer Schering Pharma boosting clinical trials in Asia-Pacific
      431 8  -  CHEN HUIFEN ASIA-PACIFIC will play an increasingly important role in clinical development for Germany-based Bayer Schering Pharma AG, as the quality and speed of clinical research in the region improves. Already, some 64 drug trials involving 3,700 patients were conducted in the
      431 words
    • Article, Illustration
      Lock icon Unfettered free press not desirable: Ngiam Tong Dow
      458 8 A FREE press is not a tower of Babel, retired top civil servant Ngiam Tong Dow told SPH journalists yesterday. "In extremis, censorship is necessary," he said, though the power to censor must be used "wisely and sparingly". Mr Ngiam chairman of
      458 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      321 7 Hying direjU JU 11 PI UU b LUI 1 V\\ Houston J Jj Jill "CtLEXploFe4'ie treasures °f the 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
      321 words
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
  • SME spotlight
    • Article, Illustration
      Lock icon Financing choices widen
      609 10 As more banks woo SMEs, firms get greater access to various products, reports NISHA RAMCHANDANI THERE is no escaping the effects of globalisatio even when it comes to financing for small and medium-sized companies, says one of the banks competing for their business. "We see globalisation in
      609 words
    • Article
      Lock icon Scheme for SMEs to go online and grow globally
      521 10 IN A move aimed at encouraging small and medium enterprises (SMEs) to establish an online presence, an SME Domain Name Reservation initiative was launched in December to make it easier for new start-ups to reserve a "xom.sg" and ".sg" domain name.
      521 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      108 10 i esga^ ITSiM PTEUim 2&p 1 m m m Vjßa It t |w n APPLY FOR THE WORK-LIFE EXCELLENCE AWARD NOW. The Work Life Excellence Award recognises V employers who are successful in integrating Work-Life Strategy with their business goals. Such employers enhance their y*l^ productivity while helping their employees
      108 words
Page thumbnail Page 11
  • EMERGING ENTERPRISE
    • Article, Illustration
      Lock icon Biometric firm IDLink making waves
      802 11 It wins innovation awards in security technology, forms strategic overseas tie-ups, and is set to expand further in world markets, reports QUAH CHIN CHIN FOR IDLink Systems, security is serious business. The company specialises in the design, manufacture and distribution of identification devices that incorporate
      I JOSEPH NAIR  -  802 words
    • Article, Illustration
      Lock icon Financing benefits that are not only for the big guns
      672 11  -  QUAH CHIN CHIN rHE winner of the Emerging Enterprise Award stands to enjoy some big financing benefits, including a potential capital injection from OCBC Bank. George Lee, the bank's executive vice-president, group investment banking, said: "Should the company decide to
      672 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      188 11 aT^^l Emerging /C/Brtej^rise This is your chance to give your business a powerful boost with *****,000 in cash (interest-free loan) and grants, consultancy, educational and Information Technology (IT) packages, endorsed by established names and leading SME players. Up to 3 deserving SMEs stand to receive one of the year's most
      188 words
Page thumbnail Page 12
  • SME SPOTLIGHT
    • Article
      Lock icon Taking a beating
      427 12  -  TEH HOOI LING THE re-emergence of fear among investors sent stocks around the world spiralling down again in the last two trading sessions. Not many stocks were spared. Our small cap portfolio also took a severe beating, and ended 6.9 per cent lower than the week before.
      427 words
    • Article, Illustration
      Lock icon Relaxed attire rules
      635 12 PRO-ENTERPRISE CHANGES PEP helps businesses overcome red tape, making Singapore pro-enterprise, reports OH BOON PING JUST take a stroll down to any beach bar today and there is a good chance you will see staff in their beachwear. Yet as recently as August last year, employees at
      ARTHUR LEE  -  635 words
    • Article, Illustration
      Lock icon Fung Choi Media looks set to reach greater heights
      783 12  -  OH BOON PING SMALL CAPS LAI Yuen Ling, president of the media and marketing company Fung Choi Media, is a firm believer in China's growth story. It is also the growth story of her company, she says. "The economic conditions in
      783 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      107 12 gfmmitL X^^Bjga\sJmm^^m^m^m^Kmmmmm^ ■•'i'Ammm \w\''lHr IB AwMv >X financing shouldn't *m make you feel 1^ jmn—^^mMiAmX aA W——-^ "x. V y^/^^wMa\ Ms '''-ii'.i^j3''''t*' ''**"j'-^'frj^M^mß^BamWrnmama If looking for financing makes you feel like a clown, talk to IFS Alternative Finance. We'll take your ideas seriously, because it's not about what you are
      107 words
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article
      Lock icon G-3 economies to again move in tandem: SG
      617 13  -  LYNETTE KHOO Growth in US, Europe, Japan seen converging to 1% by mid-2008 [SINGAPORE] Global economies, which have not seen significant coupling since 1988, are expected to re-synchronise this year towards the downside, with the Group of Three (G-3) economies converging towards
      617 words
    • Article, Illustration
      Lock icon Commodities boom intact, says Jim Rogers
      830 13  -  ANTHONY ROWLEY Shortages of goods from oil to zinc and lead are looming NOT even the prospect of a simultaneous slowdown or recession in the world's first and second largest economies, the US and Japan respectively, and of looming problems in China can dent
      830 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      150 13 r Beyond a strategic move Mmmm A^^ f J m m Straits Trading Building Prestige for only a select few Located right in the heart of Singapore's Central Business District, exclusivity reigns at Straits Trading Building. With no more than two tenants per floor and a host of tenant services
      150 words
Page thumbnail Page 14
  • MALAYSIA
    • Article, Illustration
      Lock icon Striking feature of 12th GE: many new faces
      772 14  -  PAULINE NG They're mostly young, mainly in the Opposition, and ready to do battle AT the age of 32 and contesting in his maiden national polls, Khairy Jamaluddin is the young, suave, sophisticated some even say handsome face of Malaysia's ruling National
      772 words
    • Article
      Lock icon UAE bank gets nod for RHB stake buy: report
      174 14 Reuters [KUALA LUMPUR] Abu Dhabi Commercial Bank (ADCB) is believed to have received approval to buy a 25 per cent stake in Malaysia's fourth-largest lender, RHB Capital, a local newspaper reported yesterday. The Star daily said the United Arab Emirates bank
      Reuters  -  174 words
    • Article
      Lock icon Bursa Malaysia bets on futures
      253 14 Reuters It is looking to leverage on palm oil as its platform [KUALA LUMPUR] Malaysia's stock exchange operator, Bursa Malaysia, hopes to become a regional commodi-ties-trading hub, forging alliances with markets such as the Chicago Mercantile Exchange (CME), Bursa's chief said yesterday. Bursa faces an
      Reuters  -  253 words
    • Article
      Lock icon BURSA MALAYSIA
      2293 14 Iflar 3 RM A&M Realty 0.62 \bric Bhd 0.21 Advance Synergy 0.14 Adventa Bhd 1.22 Ae Multi Hldgs 0.27 Affin Holdings 2.15 Ahmad Zaki Resou 1.20 AicCorp 0.63 \irasia Bhd 1.53 Akn Technology 0.53 Alliance Financi 2.81 Aluminium Co 1.10 Amalgamated Ind 0.45 \mmb Hldgs Bhd 3.66 Amtel
      2,293 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1872 14 ii: Jasper tandmHitx Limited JASPER INVESTMENTS LIMITED (Company Registration No. *****0953H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NO. 1 NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting No. 1 of Jasper Investments Limited (the "Company") will be held at NTUC Centre, No.l Marina Boulevard,
      1,872 words
Page thumbnail Page 15
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon SHK Prop chief forced to take leave: director
      613 15  -  JANE MOIR Feud among Kwok brothers prompted mum to intervene, says Lee Shau-kee in Hong Kong A BOARD member of Hong Kong property giant Sun Hung Kai Properties has confirmed that chairman Walter Kwok Ping-sheung was forced by his mother to take
      613 words
    • Article
      Lock icon Great Wall may delay share sale
      313 15 Bloomberg [BEIJING] Great Wall Motor Co, China's largest maker of sport-utility vehicles (SUVs) and pick-up trucks, may delay plans to sell shares in Shanghai after a plunge in the country's benchmark stock index. "We aren't satisfied with the market situation on the mainland at
      Bloomberg  -  313 words
    • Article
      Lock icon Ping An A shares fall 3.3%
      168 15 Reuters [SHANGHAI] Local-currency A shares in Ping An Insurance (Group) Co, which is planning one of the world's biggest equity sales, dropped more than 3 per cent after US$3l billion worth of the company's A shares were freed up for trade yesterday after the
      – Reuters  -  168 words
    • Article
      Lock icon Dubai ruler's agency plans India investments
      206 15 Reuters [DUBAI] Dubai International Capital (DIC), an investment firm owned by the ruler of Dubai, said it plans to make "big" acquisitions in India, adding to the US$l billion already invested in the world's second-most populous country. "We have big deals in the pipeline,"
      – Reuters  -  206 words
    • Article
      Lock icon Temasek keen on Tata stake: report
      393 15  -  SIOW LI SEN Temasek may buy into its retail and broadband business TEMASEK Holdings is said to be keen on a stake in India's Tata Communications. The Indian company, previously known as Videsh Sanchar Nigam Ltd, is in discussions with the Singapore investment corporation
      393 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      606 15 I a FLY WITH ANA TO j L ANA offers irresistible fares to USA. Starting from $838*, at you get to enjoy convenient connections to USA via Narita. M 1 Experience the ANA difference with our good old Japanese Hospitality, so book your next flight with us now. mmmm\\^^T^^mm\ jlj
      606 words
Page thumbnail Page 16
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Sub-prime, debt still top US economic threat: poll
      344 16 Reulers Inflation jitters a distant 3rd; terrorism fears down the list [WASHINGTON] The combined punch of sub-prime mortgage defaults and heavy debt remains the biggest risk to the health of the US economy, a panel of business economists said yesterday. "NABE members
      – Reulers  -  344 words
    • Article, Illustration
      Lock icon BOJ leadership crisis further roils Japan markets
      533 16  -  ANTHONY ROWLEY Opposition parties threaten parliament boycott preventing succession process in Tokyo SAVAGE turmoil swirled through Tokyo financial markets yesterday as fears that the Bank of Japan could find itself without a new governor this month added to alarm over the surging yen
      533 words
    • Article
      Lock icon Stanchart finalises American Express Bank acquisition
      385 16  -  YEN SREENIVASAN [SINGAPORE] Standard Chartered PLC completed the acquisition of American Express Bank Ltd (AEB) last Friday. The total cash consideration it paid was equal to the net asset value of AEB at completion, plus US$3OO million. "As at Feb 29, 2008, this amounts
      385 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      7818 16 UNIT TRUST FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.916/ Star Europe Bond 1.218/ Star Europe Bal 1.17/ Star Asian Tiger Eqty 1.431/ Star Asia Bond 1.199/ Star Asia Balanced 0.973/ Star Global Technology Fund!" 0.188/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.861/ Gib Multi St USD
      7,818 words
Page thumbnail Page 17
  • WORLD
    • Article, Illustration
      Lock icon Buffett retracts US$800b bond guarantee offer
      485 17 Reuiers Separately, he says US economy is in recession, stocks are not cheap [NEW YORK] Billionaire investor Warren Buffett said yesterday that the US economy is in recession and that stocks are not cheap, despite recent declines. Speaking on CNBC television, Mr Buffett also
      Reuiers; BLOOMBERG  -  485 words
    • Article
      Lock icon UBS drops on writedowns warning
      203 17 Bloomberg [LONDON] ÜBS AG, Europe's biggest bank by assets, declined to the lowest level in almost five years in Swiss trading after Credit Suisse Group said the company faces further writedowns from "troubled" assets. "Further writedowns appear likely and could be large," analyst Daniel Davies
      Bloomberg  -  203 words
    • Article, Illustration
      Lock icon Clippers neck and neck in Pacific race
      382 17 THE Clipper fleet continues the race east across the mighty Pacific Ocean towards the finish line off Honolulu in Hawaii. They have now been racing for just over eight days and, even though the first 36 hours were lost to light winds and
      Photo: ONEDITION  -  382 words
    • Article
      Lock icon UK lawmakers issue bank regulation threat
      359 17 Bloomberg Financial products must be more transparent or else [LONDON] British lawmakers, criticising bankers and financial supervisors over their handling of the global credit crisis, warned investment banks to make their financial products more transparent or face extra regulation. Lawmakers want to avoid "detailed
      – Bloomberg  -  359 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      141 17 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      141 words
Page thumbnail Page 18
  • AVIATION
    • Article, Illustration
      Lock icon BT/ZUJI Deals of the Week
      135 18 The guru says: Seeing the world shouldn't cost the earth. Kuala BUSINESS CLASS (from ECONOMY CLASS (from I HOTEL (from Lumpur $422 $68 $60 Japan Airlines Japan Airlines DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $489 (Thai Airways) $125 (Thai Airways)
      135 words
    • Article
      Lock icon Union workers accept Lockheed's offer
      252 18 [SAN FRANCISCO] Lockheed Martin Corp, the world's largest weapons maker, averted a possible strike at eight plants, including one that builds the F-22 fighter, after a union representing about 6,000 machinists voted to accept the company's three-year contract offer. Union members in different regions voted
      252 words
    • Article
      Lock icon CNAC invites CEA to discuss tie-up details
      374 18 Xinhua BEIJING] After two days of silence, China National Aviation Corp (Group) (CNAC) lias responded to China Eastern Airlines' (CEA) reaction of its offer to buy into the Shanghai-based carri3r. A CNAC source said yesterday the company "has always been sincere about the
      ■ Xinhua  -  374 words
    • Article
      Lock icon Boeing faces questions after loss of tanker deal
      761 18 Reuters Losing out to less experienced Northrop a face-losing setback [NEW YORK] Boeing Co and its shareholders will be seeking answers this week as to how the plane maker and defence giant managed to lose a US$35 billion tanker contract to smaller
      – Reuters  -  761 words
    • Article
      Lock icon EADS may rise after Airbus wins contract
      268 18 Bloomberg [TOULOUSE, France] European Aeronautic, Defence Space Co (EADS) was expected to rise in Paris trading yesterday after the US Air Force picked the company's Airbus A 330 over Boeing Co's 767 for an airborne refuelling contract valued at as much as US$35
      – Bloomberg  -  268 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2471 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:
      2,471 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      404 18 CRYPTIC CROSSWORD ACROSS RIpI p I [4 I [6 I[7l [8 1 Small crown, gold one ——^J——^™ shown HJ 5 Restrict charges to be made g for weaving a carpet (4-3) HJ 9 Sums a second |HJ HJ 10 Church has girl offering 11 I j I I H''" j
      404 words
Page thumbnail Page 19
  • SHIPPING
    • Article
      Lock icon Aker Yards Q4 losses exceed forecast
      643 19 Reuters Firm fires CEO as it posts loss of 500 m Norwegian crowns on soaring costs [OSLO] Norwegian shipbuilder Aker Yards reported heavier-than-expected losses for the fourth quarter yesterday and fired chief executive officer Yrjo Julin after failing to manage soaring costs in its
      Reuters  -  643 words
    • Article
      Lock icon HK carrier's net income quadruples
      84 19 Bloomberg ;HONG KONG] Pacific Basin Shipping Ltd, Hong Kong's largest bulk carrier, said that 2007 net income more than quadrupled after China's surging lemand for raw materials pushed cargo rates to a record. Net income jumped to U*****.1 million, or 30.1 US cents a share,
      Bloomberg  -  84 words
    • Article
      Lock icon Korea oil spill: Firms swop accusations
      397 19 -AFP [SEOUL] Defence lawyers from rival companies wrangled yesterday over who was to blame for South Korea's worst oil spill as the trial resumed of five people accused of negligence, reports said. The owners of the Hong Kong-registered supertanker Hebei Spirit denied responsibility at
      -AFP  -  397 words
    • Article
      Lock icon Dry bulk rates seen extending gains
      506 19 Bloomberg Thanks to China demand, S America grain exports [SINGAPORE] Shipping rates for commodities may extend their gains because of China's demand for coal and iron ore and the start of the South American grain exporting season. The Baltic Dry Index, an overall measure
      – Bloomberg  -  506 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        106 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.55 0.36 3.72 0.84 2.25
        106 words
      • Article
        Lock icon KLSE
        38 19 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.86 8.75 8.60 4.10 3.04 0.22 0.14 -0.02 -0.25 -0.20 -0.02 unch -0.04 -0.01 60 2611 1517 649 106 20 3
        38 words
      • Article
        Lock icon BANGKOK
        7 19 '00 ■recious Ship 28.50 0.50 1341
        7 words
      • Article
        Lock icon HONGKONG
        11 19 '000 Jtoil iingamas Cont 48.70 2.30 2.00 -0.01 178! 1501
        11 words
      • Article
        Lock icon PHILIPPINES
        22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 33.50 unch unch unch unch unch unch 45! 1621 1 1
        22 words
      • Article
        Lock icon TAIPEI
        23 19 Evergreen Marine ....25.85 :irst Steamship 70.00 /Van Hai Lines 27.20 rang Ming Marine ..20.60 -0.15 2.20 0.20 -0.30 21 7 8 22
        23 words
      • Article
        Lock icon TOKYO
        40 19 '000 (awasaki Hvy Ind ..239.00 -18.00 ***** (awasaki Kisen ...1042.00 -43.00 7448 Mitsubishi Hvy 457.00 -42.00 ***** vlitsui Eng&Sbldg ..302.00 -25.00 ***** vlitsui Osk Lines ...1325.00 -66.00 ***** Mippon Express 555.00 -7.00 4846 MipponYusen 962.00 -22.00 9177 iource: Reuters
        40 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      610 19 The Member Lines of the FEFC wish to advise Shippers:Bunker Adjustment Factor (BAF) To/From Mediterranean and West Coast European Region: The BAF applicable for the month of April 2008 will be USD 456.00 per TEU/USD 22.80 W/M LCL. To/From the UK, North West Continent, Scandinavia and Baltic Sea Region: The
      610 words
Page thumbnail Page 20
  • EDITORIAL & OPINION
    • Article
      Lock icon Bumpy ride ahead for aviation sector
      452 20 BY any measure, 2007 was a stellar year for the Singapore aviation industry. Output of the Singapore aerospace industry grew by 10.4 per cent to a record $6.89 billion last year. Value added was up 8.5 per cent to $2.69 billion, while the number
      452 words
    • Article, Illustration
      Lock icon Innovation is key to BASF's expansion
      837 20 The chemicals giant aims to stay competitive by focusing on new growth areas and becoming energy self-sufficient, reports RONNIE LIM, on an Asian journalists' tour WHAT have potatoes and gnome-lik c Smurfs to do with German chemicals giant BASF? Well, they are representative of
      837 words
    • Article
      Lock icon Managing high energy costs
      524 20 IN today's high oil price environment, managing energy costs which account for 15 per cent or higher of manufacturing costs for the chemicals industry has become more critical for multi-bil-lion-dollar petrochemical complexes worldwide. Just as spanking new facilities like ExxonMobil's complexes in Singapore are moving to
      524 words
    • Article, Illustration
      Lock icon India Budget: Devil is in missing but crucial details
      736 20  -  ANDY MUKHERJEE THE BOTTOM LINE INDIAN Finance Minister Palaniappan Chidambaram's annual budget is one part Robin Hood and another part Houdini. It's hard to say which one is worse. In his Feb 29 budget speech in Parliament in New Delhi, Mr
      736 words
    • Article, Illustration
      Lock icon Stagflation threat horns over inflation hawks
      983 21  -  LEON HADAR Fed more fearful of fallout from housing crisis and its unknown backlash When the second most senior man at the US Federal Reserve acknowledges that the rising cost of energy, food and imports are spilling over into the core inflation rate, even
      REUTERS  -  983 words
    • Article, Illustration
      Lock icon The buck stops right here
      1045 21  -  GRETCHEN MORGENSON ■NYT BEN S Bernanke, the Federal Reserve chairman, told Congress last week that fighting off a possible recession in the United States was Job No 1 for his crew. But a con-sumer-led recession has already begun, according to a new index that reflects
      ■NYT; AFP  -  1,045 words
    • Article
      Lock icon Keeping mum deliberate, given strategic stake
      244 21 LETTERS TO THE EDITOR WE refer to the column, "Great Eastern should state stand on Straits Trading" (BT, March 3). We express our disappointment and objection to the contents of the column. We reiterate that Great Eastern Holdings Limited has at all times complied
      244 words
    • Article
      Lock icon Profit remark was just to show firm's optimism
      112 21 WE refer to the report "Parkway sees new hospital making profit by 2nd year" (BT, Feb 28) and the statement "Healthcare provider Parkway Holdings expects a new hospital it will put up on a $1.25 billion site at Novena Terrace by 2011
      112 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      38 21 Ihgin membuat tempahan iklan? Dekati lebih ramai pembaca dengan mengiklan di dalam Berita Harian/ Berita Minggu. Hubungi sahaja hotline CATS Klassified kami di 1800-289-9988, tekan 1 dan kakitangan penjualan kami akan bersedia membantu anda. BUY IT-SELL IT-FIND IT
      38 words
Page thumbnail Page 22
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8475 22 lii Low Code Co i Sale ('000) Hii ■ow Bi Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98.5 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
      8,475 words
    • Article
      Lock icon SGX XTRANET
      68 22 ill! Low Code Comi Sale COOP) ill! Low Bit 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 ***** ***** 6170 SPDRS 398.3 297.5 6009 STI ETF 3977.9 2962.9 6010 STI ETF IOPV
      68 words
    • Article
      Lock icon SGX CATALIST
      2027 22 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCa; |h Low Buyer Seller C'vr P/E $mi Comi >an< Hii 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System
      2,027 words
    • Article
      Lock icon CLOB INTERNATIONAL
      199 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      199 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      54 22 v%Hfe A ROYAL OAK COLLECTION t 5 WHERE EXTREMES MEET ill mW'^W^''' Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED '^Vr^S^Mr^^^^S^l^r <%L? a'-^W' -•il <**'W f 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 -^^r^^SS^r- —^§sif^H«| V >i^*is^ ifef ili Internet: Http://www.audemarsplguet.com aj 81
      54 words
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb 29 World Index Preliminary 1021.4 -1.7 -9.8 -1.6 -10.8 -1.5 -7.9 EAFE Prel lim inan 988.8 -1.6 -11.8 -1.4 -11.0 -1.3 -8.1 Euri Preliminary 1359.6 -1.4 -11.9 -1.4 -12.1 -1.4 -9.2
      368 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      126 23 As at 9am Mar 3 )i foreign currency: lurrencies Bid Offer »jst dollar 1.2960 1.3120 .an dollar 1.4120 1.4290 luro 2.1140 2.1390 IZ dollar 1.1040 1.1280 Sterlin ind 2.7600 2.7920 JS dollar 1.3890 1.4060 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi
      126 words
    • Article
      Lock icon INTERBANK RATES
      160 23 Mar 3 Overnight 1 3/16 1-month 1 3/8 2-months 1 7/16 3-months 1 1/2 Overnight mode: 11/16 US$ Offer 1 1/16 1 1/4 1 5/16 1 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.15 3.10 3.12 3.10 2.92
      160 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 23 Mar 3 STI ;iMSCI Mar 359.1 363.7 358.2 "aiwan Mar 324.5 326.4 319 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 23 Mar 3 Bid Offer 1-month 1.3928 1.3944 2-months 1.3911 1.3928 3-months 1.3898 1.3915 6-months 1.3861 1.388 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 23 Mar 3 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2998 1.3017 0.9317 0.9321 Canadian dollar 1.4142 1.4163 1.0137 1.0142 Euro 2.1203 2.1228 1.5198 1.5201 NZ dollar 1.1109 1.1130 0.7963 0.7970 Sterlim md 2.7655 2.7690 1.9823 1.9828
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      360 23 Mar 3 OPEN HIGH LOW SETT VOL OP/INT iURODOLLAR FUTURES VlarO8 lunO8 iepO8 3ecO8 97.152 97.605 97.760 97.770 0 0 0 0 ***** ***** ***** 5975 EUROYEN FUTURES VlarO8 99.145 99.145 lunO8 99.275 99.275 >epO8 99.405 99.405 3ecO8 99.405 99.410 VlarO9 99.370 99.370 lunO9 99.315 99.315 >epO9
      360 words
    • Article
      Lock icon SICOM FUTURES
      278 23 Mar 3 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Apr 08 May 08 JunO8 Jul/Sep 08 Oct/Dec 08 Jan/Mar 09 400.75 402.75 404.25 405.00 404.25 406.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      278 words
    • Article
      Lock icon CHICAGO BOT
      104 23 Feb29 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 08 1522.00 1498.50 1524.00 1498.00 May 08 1536.50 1512.50 1539.00 1512.00 Jul 08 1546.00 1523.75 1548.00 1525.00 Aug 08 1515.00 1508.00 1519.00 1508.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 68.15 66.45 68.25 66.70
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 23 CRUDE OIL PRODUCTS Feb29 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 100.7 1.02 WTI (Near Mth) 101.58 -1.12 Dubai (1-Mth F) 95.29 2.25 Tapis blend 106.8 2.4 Minas 100.75 2.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.10 117.60 0.72 2.4 US$/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 23 Mar 3 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.919 6.622 0.613 7.253 37.542 84.966 0.957 8.827 2.983 1.170 58.407 37.928 1.301 7.434 0.966 28.980 29.495 0.470 0.932 Canada 1.088 7.205
      469 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 23 Mar 3 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****N 05.06.08 1-Year BY*****A 29.09.08 1.27 1.30 1.25 1.25 1.25 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750
      90 words
    • Article
      Lock icon SIBOR
      73 23 Mar 3 (US$) (SS) 3.***** 1.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.*****
      73 words
    • Article
      Lock icon PALM OIL
      64 23 Mar 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 08 4149 4298 4298 4149 554 1725 Apr 08 4136 4321 4327 4134 3530 ***** MayO8 4154 4330 4332 4131 ***** ***** JunO8 4150 4312 4315 4128
      64 words
    • Article
      Lock icon PRECIOUS METALS
      170 23 Mar 3 GOLD (USS/oz) Mar 03 Feb 29 GOLD BULLION COINS (S$) Sellim Hong Kong 976.40 969.00 977.40 970.00 Feb 29 Feb 27 London 970.40 956.25 971.15 956.95 Source: Reuters (S$) Selling Buying 1 oz 1526.89 1379 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $535.00 439 SILVER
      170 words
    • Article
      Lock icon LONDON METALS
      68 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 3070.00 3144.00 3 months 3106.00 3091.00 Copper, Grade A (US$/tonne) Cash 3 months 8502.00 8430.00 8510.00 8435.00 Lead (US$/tonne) Cash 3335.00 3 months 3330.00 3400.00 3345.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
    • Article
      Lock icon LIFFE
      75 23 Feb29 (Btonne) Close Prev Hii ih/Low Mar 08 1391 1387 1402/1369 May 08 1425 unch 1440/1400 JulO8 1458 1453 1468/1432 SepO8 1440 1437 1442/1418 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2703 2673 2768/2650 MayO7 2735 2723 2813/2695 JulO8 2757 2743 2835/2713 SepO8 2763 2751 2840/2724 SUGAR (US tonne)
      75 words
    • Article
      Lock icon BONDS & WARRANTS
      2254 23 BONDS WARRANTS Tel Code Company Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('000) Ratio Price ing Left 9371 Eng Kong Hldgs W*****3 14 3992 Fraser&Neave RB ECW*****7 10 0.5 16 -1 700 1 5 0.2 550 -3 1.39 20 4 4078STI 3100 SGA
      2,254 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      2683 24 Shipping times mT\ mm-/ mmmm§ W^f^SSIBISISM Ifjr iTinMI n tltljL^lii, V tiff n lluU WAN HAI international pte ltd K.^^ m WmT^'WmJ* mm_^jjjun^mim mmmmmW^flMM^^aWaAllM I VTu\ IAIA M UAI lllirr TEL *****588 (14LINES) FAX: *****163 I »A^^;l|llF|(y:l| BBSBBBBfIEHHBEIB ■JJffflliiMWjW^^ I \\\N 1 WAN HAI INtS CustomerS(™ce/BookingsDire<tLine-(l800)*****200 b^^^^AAJlftaaaJll HlH'lSßwlS'RilwiJliftfiß \l_ V■
      2,683 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      3274 25 \l P5H I (m\ <3i r» TtCA isa|BB g^^^^JI 1 |A l El IS U |9 ij 4J j SS V^^ZSW* E^gil WEEKLY EXPRESS SAILING SCHEDULE EBB l ->42»*^- P^'^f^S^f''^^ ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS ■■■■■■I W&ESSfE&fr^ N ktMC^i > ANNAl PCL8246 "***** SKIP fsTol *****
      3,274 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      3255 26 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,255 words
Page thumbnail Page 27
  • PROPERTY
    • Article, Illustration
      Lock icon US housing crisis deters first-time buyers
      900 27 Reuters Greater security seen in renting as home prices fall and foreclosures surge BOSTON] For decades, buyng a home was a key step an the path to financial security for the American middle class. Home owners could count on a fixed mortgage oayment rather
      ■ Reuters; REUTERS  -  900 words
    • Article
      Lock icon Hong Leong Bank eyes 10% home loans growth
      244 27 Bernama It is confident of hitting target for cash-back product [KUALA LUMPUR] Hong Leong Bank is aiming for 10 per cent growth this year in its housing loans segment, which currently has about 130,000 clients. As part of its efforts, the bank
      – Bernama  -  244 words
    • Article, Illustration
      Lock icon SHK results may not reflect HK property frenzy
      636 28 Reuters Company holding back most project launches, analysts say [HONG KONG] An upswing in Hong Kong home sales and prices is boosting big developers but will hardly register in earnings to be reported by Sun Hung Kai Properties this week, as the
      ■ Reuters; BLOOMBERG  -  636 words
    • Article
      Lock icon China property shares cut to 'underweight'
      238 28 Bloomberg BNP slashes 2008 earnings growth for industry to 31% [HONG KONG] Investors should cut their holdings in Chinese property because of a slowdown in housing starts and home prices that will crimp earnings growth, BNP Paribas said. The bank downgraded China real estate
      Bloomberg  -  238 words
    • Article, Illustration
      Lock icon Far East's Leong Horn Kee calling it a day after 15 yrs
      281 28 PROPERTY giant Far East Organization announced yesterday that executive director Leong Horn Kee would be leaving the company on June 30 after more than 15 years of service. Mr Leong, who served as Member of Parliament for 32
      281 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      667 27 For Sale WM Z-J^ m^C% f^ Corporate Industrial bungalow land for sale UTTTTnTMr AtVtcuttxt Bishopsgate 17,0005f Fourth Aye 27,0005f JDUIJLUIfSHjAI IISHUrN Belmont 22,0005f OrioleCres 10,000sf •4 Sr B "Id" ClunyPark 16,0005f Camden Park 35,0005f r Cornwall Garden 22,0005f Nassim 17,0005f Land Area: 72,810 sqft (approx) Dalveyßoad 15,5005f Holland 16,0005f Gross
      667 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      101 28 Business Space For Lease J*r '*>» tJ^^A*. At m mmmmm\r*LAf\!^i!&-'*; <f Alexandra/^ ll^fei^^Klfll L I 4 wf Alexandra A^" J Corporate building with possible naming rights Walking distance to future MRT Station Near Harbour Front, Vivo City and Alexandra Prominent frontage along Pasir Panjang Road Distripark, 7 minutes' drive to
      101 words