The Business Times, 11 March 2008

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Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    26 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Tuesday, March 11,2008
    26 words
  • Article, Illustration
    Lock icon Election fallout sends M'sian stocks into free fall
    750 1  -  PAULINE NG Circuit breaker triggered as politically-linked counters get battered after Opposition's stunning gains By in Kuala Lumpur THE Malaysian stock market yesterday plunged 10 per cent on fears of political uncertainty following the stunning inroads made by the Opposition coalition in
    : Bloomberg  -  750 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      42 1 lorn iam 1COMP 1,173.22 -123.11 IIKKEI225 12,532.13 -250.67 1ANG SENG 22,705.05 +203.72 ;et index 806.65 -14.92 JAKARTA COM P 2,527.87 -128.59 1ANILACOMP 2,908.88 -119.85 ;eoulcomp 1,625.17 -38.80 ;henzhen b 609.12 -23.61 IUMBAI IND 15,923.72 -51.80 12NOON EDT 11,835.16 Change -58.53 )OW
      42 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.555 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.25 SWITZERLAND 4.11 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.389 (USS/SS per 2.018 2.802 ;URO(US$/S$/E) 1.539 2.137 'EN 102.1 73.50 3.204 2.307 IK$ 7.787 5.607 !AHT 31.54 22.71 lUPIAH 9,163 6,598 1ENMINBI 7.110 5.119 INDIAN RUPEE 40.65 29.27 1.081 0.778 IZ$ 1.261 0.908
      39 words
  • Article
    Lock icon Economists trim S'pore Q1 growth forecast to 5.7%
    408 1  -  ANNA TEO Q2 may see another dip before rebound kicks in; inflation likely to rise By [SINGAPORE] Private sector economists have pared their forecasts of Singapore's first quarter GDP growth to a median 5.7 per cent, from 7 per cent three months
    408 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      59 1 \-~A EMERGING PROPERTY COMMENTARY IflBBBiff!^ IPO WATCH ENTERPRISE All eyes on govt land Has Wall St priced China Railway Construction Making data'talk' tenders this month in a recession yet? X §81 makes weak debut ,<fik PAGE 15 PAGE 32 PAGE 8 g^j^^^^g PAGE 18 wW fll I rM^Wlllill YSIA ELECTIONS
      59 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Abdullah sworn in but future remains uncertain
        65 2 TWO days after watershed general elections that saw the ruling National Front receive its biggest mauling since independence, Prime Minister Abdullah Ahmad Badawi was yesterday sworn in for a second term. Candidates from three opposition parties are also expected to be sworn in
        65 words
      • Article
        Lock icon DBS top executives' pay slips
        56 2 REFLECTING 2007's more subdued financial results which were caused by sub-prime-related writedowns DBS Group Holdings' head honchos took home lower pay last year. But there is a proposal to pay non-executive chairman Koh Boon Hwee a "special remuneration" of $1 million, which he will donate
        56 words
      • Article
        Lock icon Allco Reit could divest its Aussie assets
        49 2 ALLCO Commercial Real Estate Investment Trust (Allco Reit) could divest interest in its Australian properties, which are valued at A 5482.9 million (*****.3 million). This includes 50 per cent stakes in Central Park, Perth and Centrelink Headquarters, Canberra. COMPANY NEWS, PAGE 5
        49 words
      • Article
        Lock icon Westcomb's duo knew 'strategic client', court told
        52 2 HEARING of a civil case against Westcomb Financial Group founder and deputy chairman Peter Choo and chief operating officer Alex Tan by a former remisier of the company for allegedly stealing his clients and depriving him of his commission ended yesterday. COMPANY NEWS,
        52 words
      • Article
        Lock icon More bosses see new hires in Q2
        63 2 A BIGGER proportion of employers in Singapore expect to make fresh hires in the next quarter, according to a survey by employment services firm Manpower. The seasonally adjusted net employment outlook came to 60 per cent, a 14 percentage point rise over the
        63 words
      • Article
        Lock icon S&P expects Malaysia's deficit to widen
        60 2 MALAYSIA'S budget deficit may widen if the government fails to raise fuel prices after losing its two-third majority in Parliament in weekend elections, according to Standard Poor's (S&P). South-east Asia's third-largest economy also faces the risk that private investors would "stand aside" amid concerns
        60 words
      • Article
        Lock icon Rising market pressures may trigger 3rd credit crisis
        69 2 TIGHT money markets and tumbling stocks and the US dollar are expected to increase worries for investors this week as pressure mounts on central banks facing what looks like the third wave of a global credit crisis. The Federal Reserve unveiled new
        69 words
    • Article, Illustration
      Lock icon Jakarta: Bank rules not aimed at foreign investors
      537 2  -  CHEW XIANG Minister says policy will drive consolidation of financial sector By [SINGAPORE] Indonesia's single-presence policy is not aimed at foreign investors in its banks, Finance Minister Sri Mulyani Indrawati said yesterday. The policy, nevertheless, has the effect of forcing Singapore state
      537 words
    • Article
      Lock icon Kuwait eyes Jurong Island foothold
      337 2  -  RONNIE LIM Investors look to snap up 10% stake in Jurong Aromatics By [SINGAPORE] Kuwaiti investors are in talks with Jurong Aromatics Corporation (JAC) to take a 10 per cent stake worth USS2OO million in the Singapore group's planned US$2 billion petrochemicals facility on Jurong
      337 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      614 2 nennle Give yourself Pm»>!ml^ a break. WOI"K call us. www.thepeopleatwork.com Asia-Pacific Executive Search I*9 T7HTVS 39P^^Pd9 *****919 A HAVEN of comfort and privacy. Money Markets Work! M m m^^^^^.^ Short term on-and-off-balance sheet interest rate instruments K^ Dates This seminar provides a guide to the many money market instruments J^M
      614 words
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  • MALAYSIA ELECTIONS AFTERMATH
    • Article, Illustration
      Lock icon Abdullah sworn in but future remains uncertain
      699 4  -  S JAYASANKARAN Umno ignores current rumblings but fresh challenges may emerge later By in Kuala Lumpur TWO DAYS after watershed general elections that saw the ruling National Front receive its biggest mauling since the country's independence, the institutions of Malaysia's constitutional democracy clicked
      AP  -  699 words
    • Article
      Lock icon Vote will not affect S'pore ties
      201 4 AFP [SINGAPORE] Prime Minister Lee Hsien Loong has written to Malaysian Prime Minister Abdullah Badawi to congratulate him on the results, Singapore's Foreign Ministry said in a statement. "Prime Minister Lee Hsien Loong has written to congratulate on the Barisan Nasional's (BN) election victory
      AFP  -  201 words
    • Article
      Lock icon DAP eyes review of Penang real estate project
      262 4 Reuters It says USsBb plan isn't part of development blueprint [PENANG] The Malaysian opposition Democratic Action Party (DAP) will review plans for an US$B-billion real estate development project in the northern industrial hub of Penang, a party official said yesterday. It is
      Reuters  -  262 words
    • Article
      Lock icon National Front performance worse than it looks: analysts
      472 4 -AP Vote percentage again much lower than share of seats [KUALA LUMPUR] The ruling coalition's dramatic losses in Malaysia's general elections are much worse than they appear. An Associated Press analysis and calculations by independent analysts snowed that the coalition's share of
      -AP  -  472 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      103 4 Getting business financing shouldn't be like talking to a wall. If looking for financing makes you feel like you are talking to yourself, talk to IFS Alternative Finance. We'll take your ideas seriously, because it's not about what you are now but what you can be in future, with a
      103 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Pay fall for DBS top execs
      638 5  -  CHOW PENN NEE Chairman Koh to donate $1m 'special remuneration' to educational causes By REFLECTING 2007's more subdued financial results which were caused by sub-prime-related writedowns DBS Group Holdings' head honchos took home lower pay last year. For 2007, there is a proposal to
      638 words
    • Article
      Lock icon Allco Reit could divest its Aussie assets
      375 5  -  ARTHUR SIM By ALLCO Commercial Real Estate Investment Trust (Allco Reit) could divest its interest in its Australian properties which are currently valued at A 5482.9 million (*****.3 miUion). This includes its 50 per cent interests in Central Park in Perth and Centrelink
      375 words
    • Article
      Lock icon Murthy to step down from DBS board
      179 5 NARAYANA Murthy, chairman of Indian IT firm Infosys, will be stepping down from the board of DBS Group Holdings when his term expires. He will be joining British bank HSBC from May as a non-executive director for an initial three-year term. "I've spent
      179 words
    • Article
      Lock icon Has Wall St priced in a recession yet?
      750 8  -  R SIVANITHY HOCK LOCK SIEW By T IS astonishing to read news reports quoting experts debating whether or not the US economy is headed for a recession. To most stockmarket investors, this is no longer an issue; with soaring commodity prices, a
      750 words
    • Article
      Lock icon Operating profit, one-time gain boost Xpress' H1
      290 8 SPEED printer Xpress Holdings reported a 167 per cent rise in net profit to $4.4 million for the six months to Jan 31 from $1.6 million a year earlier, thanks to a 77 per cent increase in net operating profit to $1.4 million
      290 words
    • Article
      Lock icon Datapulse Q2 net slumps 43.2% to $2.46m
      258 8 DATAPULSE Technology, a producer of digital storage media for content distribution in the Asia-Pacific region, said its net profit for the second quarter ended Jan 31, 2008, fell 43.2 per cent to $2.46 million as total revenue declined by 25 per cent to
      258 words
    • Article
      Lock icon AsiaPharm bid price seen 'reasonable'
      469 8  -  MATTHEW PHAN Independent directors share view of Kirn Eng Capital By ASIAPHARM independent directors yesterday advised shareholders to decide themselves if they ought to accept a 72.5-cent-a-share takeover offer that values the Chinese drug company at $357 million. Shareholders should hold on to their stakes
      469 words
    • COMPANY BRIEFS
      • Article
        Lock icon Midas' JV, partners win China deal
        82 8 MIDAS Holdings said its 32.5 per cent owned joint-venture company Nanjing SR Puzhen Rail Transport Co (NPRT) and consortium partners Shanghai Alstom Transport Electrical Equipment and Alstom Transport SA have secured a contract to supply metro train cars, valued at 1.56 billion yuan (*****.7
        82 words
      • Article
        Lock icon Epure secures EPC contracts
        33 8 EPURE International's subsidiary, Beijing Sound Environmental Engineering, has secured EPC (engineering, procurement and construction) contracts amounting to 257 million yuan (5550.2 million). These contracts are being finalised for signing.
        33 words
      • Article
        Lock icon Boustead unit wins $24m of deals
        69 8 BOUSTEAD Singapore announced that its energy-related engineering division has secured contracts totalling $24 million involving the design, process engineering and construction of key process equipment for large refineries located in Chile, Ireland, Malaysia and Oman. More than 75 per cent of the value of
        69 words
      • Article
        Lock icon Datacraft appoints new CFO
        34 8 DATACRAFT, provider of IT solutions and services, has appointed Stanley Ip as chief financial officer with effect from April 1. He brings to Datacraft 27 years of financial management experience.
        34 words
    • Article
      Lock icon Westcomb's duo knew 'strategic client', court told
      543 11  -  LYNETTE KHOO Founder and COO are accused of conspiracy against a former remisier By THE court proceedings against Westcomb Financial Group's founder and deputy chairman Peter Choo and its chief operating officer Alex Tan by the company's former remisier for allegedly stealing his
      543 words
    • Article
      Lock icon Heineken keen on buying more APB shares
      401 11  -  CONRAD RAJ By HEINEKEN NY, the world's fourth largest producer of beer, will gladly buy more shares of Asia Pacific Breweries if it can get them at the "right" price. The Dutch brewer already has a 32.5 per cent stake in APB through
      401 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      30 5 MOTOR RACING I Bet types for i fc 1 Australia Race £j* stsnTODAY! r-^ Watch Australia Race telecast "Live" at Sportsßuzz@Paradiz on 15 Mar at 11 am and lUses mm)/i
      30 words
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      Lock icon Page 5 Advertisements Column 2
      124 5 ORCHARD iSCOTTS RESIDENCES SINGAPORE A GREAT WAY TO LIVE Welcome to Orchard Scotts Residences, M where you'll experience the very best services and facilities that only the world's I top resorts can offer. A team of professional service providers is available to take care i of your personal needs. Every
      124 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI plunges to 15-month low
      619 6  -  R SIVANITHY STOCKS THE Straits Times Index yesterday sank 29.69 points or just over one per cent to 2,836.59 in the wake of Friday's Wall Street sell-off. However, it managed to climb off its floor of 2,796 a bounce of 40 points thanks mainly to
      : Bloomberg  -  619 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 7 9 0 0 0 0 7 9 0 lanufacturing 28 120 45 16 12 35 136 57 Commerce 45 17 54 20 )t/Stor/Comms 11 24 11 25 ■inance 17 17 Construction 12
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 25,020 25,020 121,184 121,184 Manufacturing 281,193 43,400 324,593 261,899 7,908 269,807 Commerce 57,231 1,363 58,594 95,444 247 95,691 Tpt/Stor/Comms 111,752 206 111,958 316,440 66 316,507 Finance 52,188 52,188 395,239 395,239 Construction 29,933 7,872 37,805 8,226
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 6 Stock name Close Cham CapitaLand 5.710 +0.010 CapitaMall 2.910 -0.140 CityDev 10.440 -0.360 Cosco Corp 3.330 -0.260 DBS Grp 16.580 -0.100 F&N 4.510 -0.110 Gent Intl 0.605 -0.005 HK Land 4.210 -0.210 JSH 15.560 -0.560 Jardine C&C 18.400 -0.800 Keppel Corp 9.680 -0.270 Keppel Land 5.300
      112 words
    • Article
      Lock icon BROKERS' TAKE
      513 6  -  UMA SHANKARI Yongmao Holdings, March 10 close: 35 cents CIMB GK RESEARCH, March 10 ALREADY a beneficiary of the construction boom and infrastructure spending globally, Yongmao is one of a handful of China-based crane companies with the expertise and know-how to design, develop and make cranes. Funds raised
      513 words
    • Article, Illustration
      Lock icon ST Index continues its downward trend
      183 6  -  KEN TAI CHEE MING, CHART POINT THE Straits Times Index's downtrend remains in line with our bearish view, since it broke below the 3,300 support level in January 2008. Our next support target is 2,746 although we believe this level is at risk of
      : Bloomberg  -  183 words
    • Article, Illustration
      Lock icon US$ recovers from lows on risk aversion
      540 6  -  LARRY WEE CURRENCIES BOTH Wall Street and the US dollar were severely punished by news last Friday that the US economy has now lost jobs for three months in a row. But in Asian trading yesterday the large spill-over losses suffered by Asian
      : Reuters  -  540 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 6 CLOSE -1393.00-235.00 BT OB/OS BT CADI -*****.00-277.00 BT 10-day MA -*****.00-140.00 FTSE ST Mid Cap 738.67 -19.09 FTSE ST Small Cap 636.69 -12.09 FTSE ST All Share 732.79 -10.70 FTSE ST China 449.50 -17.51 UOB Catalist 150.78 -4.76 SIMSCI 350.91 -2.05 SIMSCI Futures 348.10 -2.90 PrimePartnersCI 148.63
      51 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME *Star Cruises 1,013,823,000 Golden Agri 50,160,000 Global Voice 34,435,000 Synear 30,441,000 Yanqzijianq 30,049,000 Jade Tech 27,696,000 Cosco Corp 26,508,000 Firstßes 26,354,000 Sing Tel 22,555,000 CoscoCorpDßeCWoBoBlB 20,358,000 VALUE(S) *Star Cruises 330,662,868 SGX 131,448,780 OCBC Bk 102,691,100 Capita Land 89,565,286 Cosco Corp 89,112,920 DBS Grp 87,625,060 Sing Tel
      59 words
    • Article
      Lock icon RISES
      106 6 CLOSE UP 1800 40.0 2.3 UOB ICBCC :.93%Pref10 ***** 20.0 0.2 UOB DB ePW*****1 55 13.5 32.5 BNPePW/*****0 43.5 11.5 35.9 ilA En. 400 11.0 2.8 STI 3350 DBePW/*****2 110 10.5 10.6 DBS Bk6% NCPS 10 ***** 10.0 0.1 STI 3300BNPePW*****9 45 9.5 26.8 ilanBNPePW/***** 19.5 8.5 77.3 >im
      106 words
    • Article
      Lock icon FALLS
      113 6 ASL Marine W*****1 CLOSE DOWN 40 -86.0 -68.3 Jardine C&C 1840 -80.0 -4.2 JSH 1556 -77.7 -3.5 At 1044 -36.0 -3.3 SGX 684 -32.0 -4.5 GLD 10US$ 9658 -30.5 -0.2 STXPOKW100 286 -30.0 -9.5 HK Land 421 -29.2 -4.8 il Con 968 -27.0 -2.7 :osco Con 333 -26.0 -7.2
      113 words
    • Article
      Lock icon CURRENCIES
      83 6 Where S$ stands Mar10 %CHNG CLOSE FR Mar 7 YR 2008/07 S$ LOW S$ HIGH USS 1.3875 -0.07 1.5479 1.3830® Euro 2.1344 -0.01 2.1639 1.9913 Pounds 2.8030 -0.42 3.1194 2.7390 AS 1.2847 0.72 1.3555 1.1741 Yen* 1.3614 -0.15 1.3821 1.2285 Rupiah* 0.***** 1.25 0.***** 0.***** Baht* 4.4034 -0.07 4.5700
      83 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      504 8 KIMENG KIM ENG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0204 D) VOLUNTARY CONDITIONAL CASH PARTIAL OFFER BY MITSUBISHI UFJ SECURITIES CO., LTD. ("OFFEROR") TO ACQUIRE ELEVEN PER CENT. (11%) OF THE ISSUED ORDINARY SHARES ("SHARES") IN THE SHARE CAPITAL OF KIM ENG HOLDINGS LIMITED (THE
      504 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      257 9 /tew uzdezul/ rute o^Jtav uv £/l& f^^^ II "^^^"^2^_ I HUM £_Sflll^Mifl^& -fajfc THJ* A stunning 19-storey pyramid rises in the heart of Dubai. An architectural landmark inspired by ancient civilizations, infused with 21st century technology. An enchanting oasis imbued with the heartfelt hospitality inherent in the Raffles name. Located
      257 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      87 10 Interested in shaking things up? NTUC Income is transforming itself, so we're aggressively recruiting the best and the brightest in People, Asset and Risk Management, Finance and Actuarial, Health and Medical, General Insurance, Customer Engagement and Technology at senior levels. We are Singapore's largest social enterprise in pursuit of commercial
      87 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      450 11 /W> Get your Rabobank Warrant (o> $fh Highlights daily via email. ibf Visit www.rabowarrants.com.sg or #y/ emailwarrants@rabobank.com DBS RB EPWOBO7IB (E7EW) UOB RB EPWOBO7IB (E7DW) DBS GROUP HOLDINGS LTD Put UNITED OVERSEAS BANK LTD Put Exercise Price S$ 16.00 Exercise Price S$ 16.80 L Expiry Date 18 July 2008 Ratio
      450 words
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  • SINGAPORE NEWS
    • Article
      More bosses see new hires in Q2
      410 12  -  OH BOON PING Latest Manpower survey shows strongest reading, 60%, since debut in Q303 By A BIGGER proportion of employers in Singapore expect to make fresh hires in the next quarter, according to a survey by employment services firm Manpower. In the company's
      410 words
    • Article, Illustration
      Companies must have flexible rules for women: SingTel CEO
      529 12  -  SIOW LI SEN By COMPANIES should have flexible policies that recognise the multiple roles played by female employees if they want to attract and retain women, Sing Tel chief executive Chua Sock Koong said yesterday. Despite the great strides women have
      529 words
    • Article, Illustration
      S'pore cannot afford foreign policy complacency
      489 12  -  LEE U-WEN Diplomacy has not lost its relevance: President Nathan By EVEN as Singapore's foreign policy has served the country well and withstood numerous tests since Independence, it would be "a serious mistake" to allow complacency to set in. This was President SR Nathan's
      NG SOR LUAN/THE STRAITS TIMES  -  489 words
    • Article
      GSK opens $116m R&D pilot plant at its Tuas facility
      323 12  -  MATTHEW PHAN By PHARMACEUTICAL giant GlaxoSmithKline (GSK) yesterday opened a $116 million R&D pilot plant at its Tuas manufacturing facility a development company chiefs said could shave two years off development time for new drugs. Announced in November 2005, the
      323 words
    • Article
      Employers can top up SRS accounts
      412 12  -  CHOW PENN NEE By EMPLOYERS will be allowed to contribute directly to their employees' Supplementary Retirement Scheme (SRS) accounts and enjoy a full tax deduction on their contributions. The change one of several aimed at encouraging more voluntary savings for retirement will kick in
      412 words
    • Article
      $387k slap on the wrist for SMRT
      226 12  -  WEE JUN KAI By THE Land Transport Authority (LTA) intends to hit SMRT with a $387,176 fine after it found the rail operator to blame for a disruption in train services between Tanah Merah and Pasir Ris stations on Jan 21 this year.
      226 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      143 12 _.Medan* I V^Oxweekly wJ h^i ffrSl flitll t\M WF£O)M 11 [01 il t^^k^^^ fllvl Wl^v -Surabaya* OXWEEKLV 4 Hs* 4 Bah' 4XWEEKLV jnr J5 Valuair is a sister company of Jetstar (JeW-) iuf operates 44 flights a week from Singapore to Indonesia. SHSsSsSSHSSI MMgBM|iMM| Allocated seats Complimentary 20kg baggage Arrival
      143 words
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  • SME SPOTLIGHT
    • Article
      DIY approach to cutting red tape
      572 13  -  PRO-ENTERPRISE CHANGES Case studies of JTC and SLA show how their efforts benefited both businesses and government, writes OH BOON PING CUTTING red tape goes beyond reviewing government rules to include fostering a mindset of greater self-scrutiny within the public service, said the Pro
      572 words
    • Article
      China Lifestyle aiming high in '08
      464 13  -  OH BOON PING By CHINA Lifestyle is looking to sweeten its return on equity (ROE) this year by introducing new flavours and products under its Labixiaoxin brand. Management expects higher ROE, net income and sales in FYOB, says CEO Zheng Yu Long. For the
      464 words
    • Article, Illustration
      Your 24/7 global office
      580 14 IT MATTERS Web presence of a company is a cost-effective and dynamic way to boost corporate visibility A website exists on the Web every minute; well-de-signed websites take the effort out of communicating similar messages to globally diverse customers daily and dutifully generate business leads. Websites
      580 words
    • Article
      Small-cap stocks take a beating
      374 14  -  TEH HOOI LING By THE picture on the economic front is getting worse by the day, and, slowly but surely, equities continue their slide south. Last week, the US employment report showed the US economy lost 63,000 jobs in February, bringing the loss of jobs
      374 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      10 13 »V©«L Lianhe Zaobao China's new labour contract law «M«ftß3» 4HX9HI
      10 words
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      Page 13 Advertisements Column 2
      1027 13 Exceeding Customer Expectations Through Service Agility Adapting products and services according to customers' needs creates memorable service experiences The marketplace has and travelling to overseas by SPRING Singapore and MF^I become increasingly trade fairs for ideas on the NTUC, with support from the crowded with specialised latest products and services
      1,027 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      99 14 2> S Best T0 PTELJV ■^4 H 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 productivity while helping their employees fulfil their personal needs and differentiate themselves as
      99 words
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      Page 14 Advertisements Column 2
      134 14 DB■ I vflßi^ i Waterbeds Futons Sofa Beds Spring Mattresses Feather Down Pillows/Quilts J BBSffiJSESBiSSiI Bedding Accessories MOREI I SAVE TAX I Our qualified professionals W/MJ can assist you with offshore p J structures, shelf companies 5 c s aJS and incorporations in ALL jurisdictions including: jjuj^ T^T I British
      134 words
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  • EMERGING ENTERPRISE
    • Article, Illustration
      Piecing the puzzle IT bit by IT bit
      827 15  -  FecBiz FrisMan, founded by an ex-Computer Crime Branch chief, provides digital investigation and software management services. QUAH CHIN CHIN reports A PASSION for policing the realm of computers led Tan Swee Wan to -tfound Tecßiz FrisMan, a firm that provides digital investigation
      JOSEPH NAIR  -  827 words
    • Article, Illustration
      Saying it with flowers... and a good IT system
      588 15  -  QUAH CHIN CHIN By BACKING up important business data is a crucial step for any enterprise, but that was a lesson the Far East Flora group learned the hard way. In 2006, the retailer of flowers and plants found itself knee-deep
      588 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      137 15 jfc^l Emerging f f_^JEnterprise 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
      137 words
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  • MALAYSIA/INDONESIA
    • Article
      S&P sees Malaysian deficit widening
      415 16 Bloomberg This could happen if govt fails to raise fuel prices after poll setbacks, it says [SINGAPORE] Malaysia's budget deficit may widen if the government fails to raise fuel prices after losing its two-third majority in Parliament in weekend elections, according to Standard Poor's (S&P).
      Bloomberg  -  415 words
    • Article
      KL's bond risk hits record on Front's poll losses
      250 16 Bloomberg [HONG KONG] The risk of Malaysia's government defaulting on its debt rose to a record high as the ruling National Front coalition's worst election result in 50 years jeopardises Prime Minister Abdullah Ahmad Badawi's position and raises questions about his
      – Bloomberg  -  250 words
    • Article
      Danamon shares fall on bad loan fears
      215 16 Bloomberg [JAKARTA] Shares of PT Bank Danamon Indonesia, controlled by Temasek Holdings Pte and Deutsche Bank AG, yesterday fell the most since August last year on speculation that bad loans may increase, hurting future income. The Jakarta-based Danamon declined 8 per cent, or
      Bloomberg  -  215 words
    • Article
      Indonesia power firm PLN to speed up output plan
      124 16 -Reuters [JAKARTA] Indonesia's state power firm PT Perusahaan Listrik Negara (PLN) will bring forward a plan to introduce 10,000 megawatts (MW) of new capacity to meet demand, the firm's new head said yesterday. "In order to cut our dependence on oil
      -Reuters  -  124 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 2
      1093 16 AVIVA MORLEY Societe d'lnvestissement a Capital Variable (SICAV) Registered Office: 34, avenue de la Liberte, L-1930 LUXEMBOURG R.C.S. Luxembourg B 32 640 NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS Dear Shareholder, You are hereby convened by the board of directors of Aviva Morley
      1,093 words
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  • ECONOMY WATCH
    • Article
      Asian currencies to outperform equities: Goldman
      285 17  -  QUAH CHIN CHIN By THE strong current account positions and high inflation of Asian countries ex-Japan could lead their currencies to outperform equities, US investment bank Goldman Sachs said yesterday. "The current account positions are fantastic for a number of countries in this region,
      285 words
    • Article, Illustration
      Rising market pressures may trigger third wave of credit crisis
      573 17 Reuters Nervous investors hanging on to pronouncements of central bankers [LONDON] Tight money markets and tumbling stocks and the US dollar are expected to increase worries for investors this week as pressure mounts on central banks facing what looks like
      Reuters; AFP  -  573 words
    • Article
      Credit strains drive Aussie bank rates to 13-year high
      384 17 Reuters [SYDNEY] Global credit strains took a heavy toll on Australian money markets yesterday, driving interbank rates to their highest in 13 years as banks hoarded cash even as desperate borrowers scrambled for funds. The credit stress spilled over from the
      – Reuters  -  384 words
    • Article
      Hedge funds reel as banks demand extra collaterals
      370 17 Bloomberg Six funds forced to liquidate or sell holdings since Feb 15 [NEW YORK] The hedge fund industry is reeling from its worst crisis in a decade because banks are demanding more money pledged to support outstanding loans even when the investment
      Bloomberg  -  370 words
    • Article
      Global sub-prime losses hit USs215b: Japan's FSA
      128 17 Reuters [TOKYO] Sub-prime-relat-ed losses at global financial institutions have so far totalled as much as US$2l5 billion, with about 55 per cent of that coming from the United States, the head of Japan's financial regulator said yesterday. The estimates from Japan's Financial Services
      – Reuters  -  128 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      92 17 ■IKIiHSIISiffIS 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
      92 words
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  • GREATER CHINA
    • Article, Illustration
      China Railway Construction in weak debut
      482 18 -AFP Counter gains just 28% smallest jump among recent newcomers [SHANGHAI] China Railway Construction, which raised US$5.4 billion in its initial public offering in Shanghai and Hong Kong, failed to impress in its domestic debut yesterday amid global stock jitters. The company, which built
      -AFP; BLOOMBERG  -  482 words
    • Article
      No change to one-child policy for at least 10 yrs
      178 18 -AP [BEIJING] China won't consider changing its one-child policy for at least another decade, the country's top family planning official said in an interview published yesterday. Minister Zhang Weiqing of the State Population and Family Planning Commission told the China
      -AP  -  178 words
    • Article
      'Empress of Paper1 calls for change in labour law
      261 18 'Empress of Paper 1 calls for change in labour law Xinhua This and her other proposals criticised as being pro-rich [BEIJING] Zhang Yin, the "empress of paper" once ranked as China's richest woman, has set off heated debate at the annual full session of the national political advisory body with
      Xinhua  -  261 words
    • Article
      China Pacific Insurance delays HK listing
      164 18 Reuters [HONG KONG] China Pacific Insurance has delayed plans to raise roughly US$4 billion in a Hong Kong share sale due to poor investor sentiment, sources familiar with the deal said yesterday, dealing another setback to an IPO market that has made a halting
      – Reuters  -  164 words
    • Article
      Chunghwa Telecom to invest in S-E Asia
      230 18 Reuters It expects to spend NTsl2obin the next five years [TAIPEI] Chunghwa Telecom, Taiwan's largest telecommunications carrier, yesterday said that it plans to step up investment in South-east Asia and expects to spend NT$l2O billion (555.4 billion) in the next five years on
      Reuters  -  230 words
    • Article
      China plans ultra-luxury train to ply Tibet route, says report
      232 18 -AFP [BEIJING] China wiU launch "the most luxurious train in the world" to ply the route from Beijing to Tibet's capital Lhasa, state media reported on Sunday. However, a ride on the train, which will begin operations on Sept 1,
      -AFP  -  232 words
    • Article
      BURSA MALAYSIA
      2281 18 VOL C000) lar 10 RM ASM Realty 0.53 \bric Bhd 0.11 advance Synergy 0.12 Adventa Bhd 1.19 AeMuIti Hldgs 0.23 Win Holdings 2.07 Ahmad Zaki Resou 0.94 Aic Corp 0.50 \irasia Bhd 1.42 Akn Technology 0.40 alliance Financi 2.62 aluminium Co 1.09 Amalgamated Ind 0.48 tamb Hldgs Bhd
      2,281 words
  • Page 18 Advertisements
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  • INDIA
    • Article
      Tata Chemicals hires 7 banks to arrange loans
      284 19 Bloomberg [HONG KONG] Tata Chemicals Ltd, part of India's second largest business group, hired seven banks to arrange US$B5O million of loans to fund the purchase of US-based General Chemical Industrial Products Inc, according to three people with direct knowledge of the
      Bloomberg  -  284 words
    • Article
      China now India's biggest trade partner
      208 19  -  SIDDHARTH SRIVASTAVA By in New Delhi CHINA has emerged as India's largest trade partner, overtaking the United States, according to the recent govern-ment-drafted Economic Survey for 2007-2008. According to the survey, China's trade share during the April-Octo-ber period last year was even higher than
      208 words
    • Article
      India urged to create sovereign wealth fund
      535 19 Reuters It also needs to be vigilant about rising food prices: economic adviser [NEW DELHI] India should consider setting up a sovereign wealth fund to make use of its swelling foreign exchange reserves, although any such move would take time, a top economic
      Reuters  -  535 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      607 19 GUTHRIE LOGISTICS HOLDINGS PTE LTD (IN MEMBERS'VOLUNTARYWINDING-UP) (Company No. *****7715H) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final Meeting of the Members of GUTHRIE LOGISTICS HOLDINGS PTE LTD will be held at office of Trust Corporate
      607 words
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      Page 19 Advertisements Column 2
      549 19 gj H*" Valet Parking Available^ I FLY WITH ANA TO j If" ANA offers irresistible fares to USA. Starting from $838*, y 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
      549 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Equity markets teeter on the edge after rough week
      736 20  -  ANDREW MARKS WALL STREET INSIGHT Trading range expected to test the January intra-day lows, say analysts By in New York AFTER a rough week that ended with a dispiriting jobs report for February and most of Wall Street's remaining bullish economists
      AP  -  736 words
    • Article, Illustration
      Crossing the International Date Line
      410 20 THE positions have held over the last 24 hours, with the four-way battle for third place still raging. Durban 2010 and Beyond, continuing her move south, has almost rejoined the fleet in the same patch of water and it will be interesting to watch where
      /flmWMMm. : ON EDITION  -  410 words
    • Article
      Wong Kan Seng visits Laos, Cambodia
      86 20 [SINGAPORE] Deputy Prime Minister and Home Affairs Minister Wong Kan Seng is on a working visit to Laos and Cambodia from today until Thursday. In each country he will sign a memorandum of understanding with the security authorities on enhancing cooperation to com- bat
      86 words
    • Article
      UNIT TRUSTS & FUNDS
      7837 20 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (Spore) Star Europe Eqty!** 0.909/ Star Europe Bond 1.229/ Star Europe Bal 1.169/ Star Asian Tiger Eqty 1.321/ Star Asia Bond 1.199/ Star Asia Balanced 0.955/ Star Global Technology Fund!" 0.185/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.862/ Gib Multi St USD
      7,837 words
    • Article
      Fannie Mae may need a govt bailout
      245 21 Reuters Its shares have fallen 65% since last autumn [NEW YORK] Fannie Mac, the largest US home funding company, could face further declines in its already battered share price, and may soon need a government bailout, according to the latest issue of Barron's.
      Reuters  -  245 words
    • Article, Illustration
      Melbourne GP to flag off at later time
      480 21 -AFP [MELBOURNE] Organisers of the Australian Formula One Grand Prix have flagged a later start to the race next year to prevent the event heading offshore. Ron Walker, Australian Grand Prix Corporation chairman, said yesterday that next year's race would start at
      -AFP  -  480 words
    • Article, Illustration
      Carlyle Capital says lenders may force further sales
      356 21 Bloomberg The fund is meeting lenders to discuss more than USs4oom of margin calls [SAN FRANCISCO] Carlyle Group's mortgage-bond fund said creditors may liquidate as much as US$l6 billion of securities unless the two sides reach agreement on debt repayments. The fund
      – Bloomberg; BLOOMBERG  -  356 words
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      190 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CHUAN INVESTMENT PTE LTD (IN CREDITORS'VOLUNTARY LIQUIDATION) (Company Registration No. *****4684H) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members
      190 words
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      Page 21 Advertisements Column 2
      1655 21 Jasper jliiiilk JASPER INVESTMENTS LIMITED |fifti«Slp (Company Registration No. *****0983H) '^wJiiwwS' (Incorporated in the Republic of Singapore) (A) THE PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO DT »|TCDMATinMAI Mir>lfCl IMnHMCCIA Tkl, 19,158,834,830 NEWORDINARYSHARES (THE "RIGHTS SHARES") AT AN ISSUE "I lIM I CKIMMIIUIMML IMIIsI\.CL lIMUUIVCOIA IDK PRICE OF 550.02
      1,655 words
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  • AVIATION
    • Article
      Boeing mulls appeal against tanker deal
      739 22 AP US air force decision to award USs3sb contract to Airbus stirs controversy [WASHINGTON] Just hours before the US Air Force announced the winner of a US$35 billion contract to build aerial refuelling aircraft on Feb 29, an Airbus plane lumbered off the runway
      AP |  -  739 words
    • Article, Illustration
      Adam Air jet skids off runway at Batam
      200 22 -AFP [JAKARTA] An Indonesian jetliner with 171 people on board skidded off the runway after landing on Batam island, but no people were injured, reports said yesterday. The Adam Air Boeing 737 from Jakarta slipped on touchdown on a heavy rain-soaked runway
      -AFP; REUTERS  -  200 words
    • Article
      Air France-KLM Feb passenger traffic up 3.7%
      246 22 Blooomberg [TOULOUSE] Air France-KLM Group, Europe's biggest airline, said February passenger traffic rose 3.7 per cent on increased travel to Asia, Africa and the Middle East. The load factor, or proportion of seats filled, declined 3.4 percentage points from a year earlier to
      – Blooomberg  -  246 words
    • Article
      Bombardier agrees to compensate SAS for problems
      257 22 Reuters [STOCKHOLM] Airline SAS said yesterday it had agreed with Canada's Bombardier on compensation for problems with its fleet of Dash 8 Q4OO aircraft and would order new planes from the Canadian firm. The details of the deal, which also included landing gear
      – Reuters  -  257 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      2447 22 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), Mjraq -irlms: ..BOU.'. BP EVA
      2,447 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      136 22 BT/ZUJI Deals of the Week >■# I BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from London $3,890 $850 $200 Thai Airways Thai Airways DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $500 (Swiss International) I $130 (Swiss International) $42 Cloudy Beijing $2,340 (Air China) $467 (Air China)
      136 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      278 22 CRYPTIC CROSSWORD ACROSS 1 Things made earlierthan ab- n —l i= R —1 13 —1 is —1 is —1 ft —1 1 1 1 t 1 z.\ I I I 111 i i /o\ I I I I I I I I I away [a) Hui thp nl^rp f'Q1) —^B^^^^.^™^H^H^™^™
      278 words
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  • SHIPPING
    • Article
      Norden's 2006 profit quadruples
      326 23 Bloomberg Freight rates advanced to a record as China's iron imports soared [LONDON] D/S Norden A/S, Denmark's biggest operator of commodity ships, said that full-year profit almost quadrupled as freight rates advanced to a record. Net income rose to US$7O3 million, or U5516.42 a share, from
      Bloomberg  -  326 words
    • Article, Illustration
      Clients join in Keppel's safety efforts
      284 23  -  VINCENT WEE By A COMMITMENT to safety and collaboration with major clients helped Keppel Shipyard achieve a low 0.24 accidents per million man-hours worked in 2007. ExxonMobil's Saxi Batuque, the yard's latest floating production, storage and offloading (FPSO) facility, which was named yesterday, achieved
      284 words
    • Article
      Vietnam troops clean oil off beaches
      344 23 -AFP ;HANOI] Thousands of Vietnamese troops on Sunday lielped clean oil off south3rn beaches as rescue work3rs sought to contain a spill from a capsized tanker and recover the bodies of nine more sailors, officials said. One survivor and the bodies of five crew
      -AFP  -  344 words
    • Article
      Australia coal port cuts Q2 allocations
      188 23 Reuters SYDNEY] Australia's Newcastle port, the world's larg3st coal terminal, has cut shipping allocations to proiucers in the second quarter. This is a bid to reduce rising ship queues and waiting times, a producer said yesterday. Port Waratah Coal Services (PWCS), operator of the
      Reuters  -  188 words
    • Article
      China port company to boost investment assets to 100b yuan
      171 23 Reuters [HONG KONG] Port construction and design company China Communications Construction Co will aim for a five-fold increase in direct investment assets to 100 biUion yuan (5519.5 billion) over the next five to 10 years from the current 20 billion
      Reuters  -  171 words
    • Article
      UK navy lays wreath over war relic
      190 23 -AP [LONDON] The British navy laid a wreath over the submerged wreck of a recently discovered World War II destroyer last Saturday, the Defence Ministry said. The vessel was discovered by a Norwegian minehunter participating in exercises with the navies of Britain and
      -AP  -  190 words
    • TRANSPORT STOCKS
      • Article
        SGX
        100 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.55 0.35 3.33 0.87 1.92 1.12 0.06 0.88 1.28
        100 words
      • Article
        KLSE
        36 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.76 7.80 7.60 3.76 3.00 0.21 0.14 -0.06 -0.50 -0.50 -0.34 -0.08 -0.05 -0.02 14: 95' 141! 147' 30( 6( 13'
        36 words
      • Article
        BANGKOK
        7 23 '00 ■recious Ship .25.25 -1.50 145;
        7 words
      • Article
        HONGKONG
        11 23 '000 Doil iingamas Cont 48.45 2.02 0.65 -0.11 21* 83'
        11 words
      • Article
        PHILIPPINES
        20 23 '000 Aboitiz Equity Intl Container Keppel Marine Keooel Prop 6.80 33.00 unch 1.60 -0.10 -0.50 unch -0.20 134! 442}
        20 words
      • Article
        TAIPEI
        20 23 Evergreen Marine ...25.80 :irst Steamship 70.00 /Van Hai Lines 27.00 r"ang Ming Marine...20.65 -1.00 0.50 -0.85 -0.60 3! 1(
        20 words
      • Article
        TOKYO
        39 23 '000 (awasaki Hvy Ind ..223.00 -16.00 1708! (awasaki Kisen 962.00 -65.00 816( Mitsubishi Hvy 417.00 -23.00 ***** Mitsui Eng&Sbldg...267.00 -25.00 1569! Mitsui Osk Lines ...1264.00 -72.00 128* Mippon Express 554.00 2.00 571} MipponYusen 928.00 -46.00 887! source: Reuters
        39 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      157 23 I C.DI lULJIx, p b^B bJ bh \y4£!sJl*^M*T^\^^&%!§^ Hbu .^f JBf^^. vf \4.\ IB Kayaor Better For afft "near J A 1 r r A f.T J &^d> V jain.cWps work IT J k %> M WIS *^J* Tfc^ in this issue... V nun mi ii i* The best food,
      157 words
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  • EDITORIAL & OPINION
    • Article
      Democracy triumphs in Malaysia
      517 24 THE March 8 general election is a triumph for democracy in Malaysia and a stirring affirmation of the old adage that the only constant in the world is change. Better yet is the way the outcome has been taken by both the government and the people:
      517 words
    • Article, Illustration
      China's growth story due for reality check
      1484 24  -  TIGER TONG Country may face headwinds of a US recession as its stock market, property sector cool By THE beginning of Wen Jiabao's second term seems remarkably similar to his first. In 2003, when Hu Jintao and Wen Jiabao, first took the helm
      AFP  -  1,484 words
    • Article, Illustration
      Fed slap in market face won't work this time
      805 24  -  PAUL KRUGMAN -NYT THE BOTTOM LINE LAST Friday's employment report which was so weak that it had many economists declaring that the US is already in a recession was bad news. But it was actually less disturbing than what's going on
      -NYT  -  805 words
    • Article, Illustration
      Investments push S'pore growth again
      1072 25  -  SANJEEV SANYAL But the biggest problem facing policy-makers is inflation; if it doesn't stabilise, we may see more drastic steps By SINGAPORE has enjoyed exceptionally strong and stable gross domestic product (GDP) growth in the last few years. For many years after 1997, Singapore's economy
      AFP; : CEIC  -  1,072 words
    • Article
      Executive compensation: time to slay the sacred cow
      320 25  -  Ganesh Pillai LETTERS TO THE EDITOR I READ with interest Michelle Quah's report on a recent study done by the CFA Institute Centre for Financial Markets Integrity, which highlighted Singapore as having poor standards of executive compensation disclosure ("Asia needs to improve
      320 words
    • Article
      Stratech has successfully delivered software
      259 25 WE refer to the article headlined "SGX puts nine companies on first watch-list" (BT, Mar 5). We would like to point out that the statement that "Atal had sued Stratech, accusing the Singapore firm of failing to deliver the software it was contracted to make"
      259 words
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  • SINGAPORE STOCKS
    • Article
      SGX MAINBOARD
      7818 26 Transaction date: Mar 10 lii »-wks Tel Low Code Co i Sale ('OOP) Hil ■ow Bi Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28 5 10 5 5834 A-Sonk 107 98.5 6389 ABF SG Bond ETF 30 13.5 1938 AEI Corp 26 7.5 1100
      7,818 words
    • Article
      SGX XTRANET
      69 26 _Hm Low Code Comi Sale COOO) _Hm Bit Seller C'vr P/E Sim 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P5OO ***** ***** 6170 SPDRS 3983 296 6009 STI ETF 3977.9 3013.7 6010 STI ETF
      69 words
    • Article
      SGX CATALIST
      2019 26 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil 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
      2,019 words
    • Article
      CLOB INTERNATIONAL
      212 26 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
      212 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      39 26 ROYAL OAK COLLECTION I l(^^^^^^^^' WHERE EXTREMES MEET Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED '^J^W*'-' "jS If f 341 River Valley Road #01 -01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 "j^i ■^^Sji^*~'~^^*TyE— t '"< l^ll
      39 words
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  • FINANCE & COMMODITIES
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 7 World Index Preliminan 982.3 -1.2 -13.2 -1.2 -14.3 -1.1 -11.1 EAFE Preliminan 946.4 -1.8 -15.5 -1.8 -14.5 -1.8 -11.: Euro[ Preliminary 1311.1 -1.2 -15.0 -1.2 -14.7 -1.1 -11.. Pacific 799.9
      363 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      136 27 FOREIGN A= CURRENCY 9am NOTE RATES Mano Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2820 1.2980 Can dollar 1.3950 1.4120 Euro 2.1210 2.1450 NZ dollar 1.0920 1.1160 jterlin iund 2.7860 2.8180 US dollar 1.3790 1.3950 Local dollars to 100 units
      136 words
    • Article
      INTERBANK RATES
      160 27 Offer Mar 10 Bid $S_ Overnight 1/4 1-month 1 1/16 2-months 1 3/16 3-months 1 5/16 Overnight mode: 3/8 US$ Offer 1/8 15/16 1 1/16 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.03 2.93 2.92 2.90 2.80
      160 words
    • Article
      STOCK INDEX FUTURES
      26 27 Mar 10 len Hii ih Sett STI SIMSCI Mar 346.2 352.2 348.1 Taiwan Mar 331.3 331.8 321.4 Source: MF Global (S) Pte. Ltd
      26 words
    • Article
      US$/S$ FORWARD RATES
      22 27 Mar 10 SS Bid Offer 1-month 1.3855 1.387 2-months 1.3838 1.3853 3-months 1.3824 1.384 6-months 1.3785 1.3803 Source: OCBC
      22 words
    • Article
      SICOM FUTURES
      277 27 Mar 10 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Apr 08 May 08 Jun 08 Jul/Sep 08 Oct/Dec 08 Jan/Mar 09 390.25 393.00 394.50 394.25 393.50 395.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      277 words
    • Article
      CHICAGO BOT
      101 27 Mar 7 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low MarO8 1341.00 1443.00 1405.00 1341.00 May 08 1408.75 1458.75 1423.00 1408.75 Jul 08 1421.00 1471.00 1436.00 1421.00 AugO8 1410.00 1460.00 1417.00 1410.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 60.25 63.70 62.50 60.25 May
      101 words
    • Article
      CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS 5 Mar 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 103.03 0.6 WTI (Near Mth) 105.50 -0.04 Dubai (1-Mth F) 96.17 -0.01 Tapis blend 108.45 0.2 Minas 104.9 0.3 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.00 123.00 0.23 1.2 US$/barrel Opec
      77 words
    • Article
      INTERBANK CROSS RATES
      469 27 Mar 10 AS CS Rmb Euro HKS Ind Rs Ru ih Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.916 6.579 0.602 7.207 37.615 84.799 0.944 8.933 2.965 1.167 58.095 38.078 1.285 7.442 0.945 28.351 29.189 0.459 0.925 Canada 1.092
      469 words
    • Article
      GOVERNMENT SECURITIES
      92 27 Mar 10 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****S 12.06.08 1-Year BY*****A 29.09.08 1.15 1.20 1.08 1.08 1.08 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N5O71O1E 2.500 7-Year NX*****F 3.625 10-Year
      92 words
    • Article
      SIBOR
      78 27 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** MarlO 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid
      78 words
    • Article
      PALM OIL
      64 27 MartO KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 08 3550 3660 3670 3520 53 843 Apr 08 3520 3950 3990 3505 1480 5500 May 08 3550 3665 4000 3500 ***** ***** JunO8 3550 3664 3996 3500
      64 words
    • Article
      PRECIOUS METALS
      139 27 GOLD (USS/oz) Mar 07 Mar 10 Hong Kong London 977.40 976.50 978.40 977.50 Mar 07 Mar 05 975.40 983.60 976.30 984.50 Source: Reuters CAST BAR (S$) Mar 10 Buying Sellini Kilobar "46,696.94" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1
      139 words
    • Article
      LONDON METALS
      68 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 3189.20 3170.00 3 months 3227.00 3208.00 Copper, Grade A (US$/tonne) Cash 3 months 8640.00 8545.00 8648.00 8555.00 Lead (US$/tonne) Cash 3096.00 3 months 3090.00 3237.00 3240.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
    • Article
      LIFFE
      78 27 Mar 7 COCOA (Btonne) Close Prev Hig gh/Low Mar 08 1356 1355 1361/1329 May 08 1394 1390 1397/1364 JulO8 1432 1428 1435/1402 SepO8 1397 1393 1397/1362 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2472 2618 2645/2410 May 07 2507 2628 2660/2429 JulO8 2520 2636 2669/2442 SepO8 2515 2634 2668/2444
      78 words
    • Article
      INTERBANK CURRENCY RATES
      166 27 MM It Kb AIM ft lUKKtnilY KAIL: Against SS Currencies Bid Offer J Mar 10 Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2845 1.2861 0.9253 0.9256 Canadian dollar 1.4022 1.4042 1.0101 1.0106 Euro 2.1356 2.1380 1.5384 1.5387 NZ dollar 1.1004 1.1028
      166 words
    • Article
      SGX DERIVATIVES TRADING
      355 27 Mar 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 97.147 97.595 97.745 97.755 0 0 0 0 ***** ***** ***** 8776 EUROYEN FUTURES MarO8 99.130 99.140 JunO8 99.220 99.220 SepO8 99.365 99.365 DecO8 99.375 99.380 MarO9 99.370 99.370 JunO9 SepO9 DecO9 99.130
      355 words
    • Article
      BOND & WARRANTS
      1787 27 BOND WARRANTS fel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Lef1 1779 ASL Marine Hldgs W*****1 40 -86 33 1 53 -1 2.34 1 !036AdvanceSCTLtd W*****9 3.5 -0.5 455 1 87 192 8.86 29 1657 Biosensors DB ECW*****3 15 -5.5
      1,787 words
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      2370 28 m The Business Times mmma Shipping Times m tJCTWfrllEllinilt^^ Mil WAN HAI INTERNATIONAL PTE LTD A #TV 'VTr'' WKSK^i^-mBmWW^^ImmMU I V"%Ti\ IAfALI 111 l I ILIPr TEL *****588 (14 LINES) FAX:*****163 A A^ ■2|| lifMiKllß BJgJBgBHBgHISaagBSTIW ■JMJffIWWBiCTiIWIWiIITiM I V\N I WAN HAI INtS Cusloinet Setvke/Booliing« Direcr line <IS00) *****200 h^^^dAHlftaaaalfl
      2,370 words
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      3025 29 BSi3?!aiTl[ci!Tr/!ffiHiTliti!Tß B'^Sifl l£fl SSI I jy I4J v ;^zMt6 EttaZkllul <i^X{ Cy<S> ■^uHfl WEEKLY EXPRESS SAILING SCHEDULE 1 */Y^^^\^S IB »S 51 F"3Sn^aTm^J.M^.lß.rUil.g^sl!^l^!lalJ,Wl^dJ t 'Jlllllsl.«lfflTTffl?™ -=t_uJ&fcJaSi KTT^^ ■r\~\ SH* ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS ■JJiTIOnTrM JFE^^EcffSSZi lJ^ =+wV^~C}\ vessel voy pkl sin khi dxb bab dmm
      3,025 words
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      2821 30 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 SlNDestjnName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      2,821 words
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  • PROPERTY
    • Article, Illustration
      Opportunistic investors recoil from Asia property
      625 31 Reuters They see more scope for picking up cheaper properties in US, Europe; loans in Japan tougher [HONG KONG] Opportunistic investors are pulling back from Asian property because they see more scope for picking up distressed assets in the United States and Europe, and
      – Reuters; AP  -  625 words
    • Article
      Investors eye real estate after tough 2007
      389 31 Reuters Asian property and niche sectors are attracting assets [LONDON] Many investors in alternative assets plan to invest more in real estate after poor returns from the sector in 2007, a PricewaterhouseCoopers (PwC) survey showed yesterday. John Forbes, UK real estate leader at
      – Reuters  -  389 words
    • Article, Illustration
      Ophir-Rochor corridor site to be marketed in France
      331 32  -  ARTHUR SIM By THE Urban Redevelopment Authority (URA) will market the first site in the new Ophir-Rochor corridor at the "Marche International dcs Professionals de L'lmmobilier" (MIPIM), a premier international property event in Cannes, France. The site will be launched for sale
      331 words
    • Article, Illustration
      All eyes on govt land tenders this month
      769 32  -  KALPANA RASHIWALA $500 m site above Serangoon MRT, 3 suburban housing plots on offer By AMID the current quiet market, all eyes will be on four 99-year leasehold suburban Government Land Sale site tenders that close this month. They comprise three private
      : LTA  -  769 words
    • Article
      URA sets aside more land for offices
      287 32 Reuters [SINGAPORE] Singapore will provide more land for offices as part of a strategy to strengthen its position as an Asian financial centre, the government's real estate planning agency said yesterday. "The new growth area set aside for the seamless extension of the
      Reuters  -  287 words
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      616 31 For Sale 1 1\ f^ J I HI UMMBEZSmI CECIL COURT I 11 CORPORATF TNDTTSTRTAT BUNGALOW LAND FOR SALE ,;i\\% R chnncnata 17n nncf c«,,r*h a,™ rjnnncf Cecil Court is a prime office building located in the heart of ,|i \\l RtTTTnTNr AtYTSHTIN Bishopsgate 17,0005f Fourth Aye 27,0005f Singapore's financial
      616 words
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