The Business Times, 1 April 2008

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Total Pages: 53
1 53 The Business Times
  • 21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Tuesday, April 1,2008
    21 words
  • 762 1  -  CHEW XIANG Gains by takeover targets, defensives cushioned selldown elsewhere as STI fell 14% in 3 months By [SINGAPORE] A turbulent three months for Singapore stocks ended yesterday with the benchmark FTSE Straits Times Index closing at 3,007.36 points, down almost 14 per cent
    762 words
  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.622 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 4.21 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 49 1 Monda 1 Cham KLCOMP 1,247.52 -10.89 NIKKEI 225 12,525.54 -294.93 HANG SENG 22,849.20 -436.75 SET INDEX 817.03 -8.14 JAKARTA COM P 2,447.30 -30.29 MANILA COMP 2,984.67 +28.65 SEOUL COMP 1,703.99 +2.16 SHENZHEN B 558.87 -8.43 MUMBAI IND 1 5,644.44 -726.85 12NOONEDT Change 12,275.26 +58.86 DOW NASDAQ 2,274.42 +13.24
      49 words
    • 43 1 uss SS US$ (S$ ier US$) 1.381 (USS/SS per 1.986 2.743 EURO(US$/S$/E) 1.580 2.181 YEN 99.40 72.00 RM 3.195 2.314 HK$ 7.785 5.638 BAHT 31.49 22.81 RUPIAH 9,228 6,683 RENMINBI 7.014 5.080 INDIAN RUPEE 39.97 28.95 A$ 1.093 0.791 NZ$ 1.264 0.916
      43 words
  • 710 1  -  SIOW LI SEN Hard times can be mastered and may open new doors: business role models By [SINGAPORE] They know how to weather a crisis and even how to emerge stronger from it. Amid the nervousness sweeping across businesses globally in the wake
    ARTHUR LEE  -  710 words
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  • Page 1 Miscellaneous
    • 44 1 -"^itfjv US REGULATORY PROPERTY COMPANIES SME REFORMS Rolling times for Parkway to make Playing in the Ak jl| iuj Ik Revamp not a response hotels and tourism $785m rights issue right league j WlLm to turmoil: Paulson page 2 page 31 pages page 12
      44 words

  • TOP STORIES
    • 605 2 Reuters, Bloomberg Proposal seeks to merge SEC with Commodity Futures Trading Commission [WASHINGTON] US Treasury Secretary Henry Paulson said yesterday that a sweeping revamp of the US financial regulatory landscape was not intended as a response to current market turmoil and
      ■ Reuters, Bloomberg  -  605 words
    • 395 2  -  KALPANA RASHIWALA Development charge higher than expected, says buyer By SINGAPORE] The $162.8 nillion collective sale of Vlakeway View in the New;on area to an associate of Bravo Building Construcion has been rescinded. BT understands that the one per cent of purchase price
      395 words
    • THREE-MINUTE DIGEST
      • 74 2 SINGAPORE bank lending accelerated in February to the fastest pace in more than 12 years, suggesting that the financing of consumer spending and business activity is still going strong, latest figures from the central bank show. Total loans hit $241.8 billion at
        74 words
      • 55 2 PRIVATE hospital operator Parkway Holdings is raising $785.7 million through a proposed seven-for-fifteen rights issue at $2.18 a share. Net proceeds are expected to be about $760.1 million, which will be used to repay short-term debt, finance Asian growth plans, and for working
        55 words
      • 59 2 IN ORDER to elevate the local warrants market to the next level, the authorities should ban short-selling of warrants and ensure issuers disclose the ratio of warrants in public hands on a daily basis. These were calls made yesterday by SG Securities, the
        59 words
      • 50 2 THE past three months have seen $105 billion or 13.2 per cent wiped off the stock market value of Singapore-listed companies. Their combined market capitalisation dropped to $692.5 billion as at yesterday, down from $797.8 billion at end-December. COMPANY NEWS, PAGE 8
        50 words
      • 63 2 GLOBAL trade in services is growing more important for the Singapore economy. Trade in services accounted for under two-thirds (62.2 per cent) of Singapore's gross domestic product in 2000. Six years after, its share has expanded to 91.3 per cent, according to
        63 words
      • 54 2 HSBC Holdings launched private banking services in China yesterday as foreign banks including Citigroup target the country's fast-growing market for services to wealthy clients. Chinese regulators had given HSBC approval to offer private banking services in Shanghai, Beijing and Guangzhou, the bank said.
        54 words
      • 61 2 THE Urban Redevelopment Authority yesterday put a one-of-a-kind hotel site in Balestier Road on the market. The 1.77-hectare plot, next to Sun Vat Sen Nanyang Memorial Hall, includes a 0.46-hectare park. The park will be named Zhongshan Park and the successful developer will
        61 words
    • 520 2  -  GENEVIEVE CUA By [SINGAPORE] The stocks of commodity producers are set for "spectacular" earnings growth this year, thanks to strong resources prices, says award-winning fund manager Evy Hambro. Mr Hambro is managing director of Blackßock Natural Resources, which manages US$47 billion of resources
      520 words
    • 433 2 Reuters Regional CEOs will report directly to group chief exec [NEW YORK] Citigroup Inc said yesterday it was creating regional banking units as well as global credit card and consumer banking organisations, as the banking giant seeks to become more nimble. The reorganisation
      Reuters  -  433 words
    • 624 4  -  CONRAD TAN Financing of real business activity still strong despite market turmoil By i [SINGAPORE] Bank lending accelerated in February to the fastest pace in more than 12 years, suggesting that the financing of consumer spending and business activity is still going
      624 words
    • 653 4  -  SIOW LI SEN SINGAPORE BUSINESS AWARDS Dorothy Sect, CEO of Beijing Smart Garments, honoured by SBA Reports by [SINGAPORE] Though Dorothy Sect caught the eye of the media at the Singapore Business Awards press conference yesterday she left her young daughters in her husband's charge
      JOHN HENG  -  653 words
    • 496 4 Higher int'l exposure; but China, India will help cushion impact [SINGAPORE] Singapore Airlines will feel more of the economic slowdown because of its international exposure and if corporate travel budgets shrink, chief executive Chew Choon Seng said yesterday. But economic momentum in Singapore
      ARTHUR LEE  -  496 words
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      255 words

  • Page 4 Advertisements
    • 127 4 Dear Valued Customers, Business Associates Suppliers CHANGE OF COMPANY NAME With effect from Ist April 2008, Sumitomo Corporation (Singapore) Pte. Ltd. has changed its name to: "SUMITOMO CORPORATION ASIA PTE. LTD." This new company will be a regional head office consisting of Singapore Business Unit which conducts our business activities,
      127 words
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  • COMPANY NEWS
    • 564 5  -  CHEN HUIFEN Use of proceeds includes repaying short-term debt and financing expansion By PRIVATE hospital operator Parkway Holdings is raising $785.7 million through a proposed seven-for-fif-teen rights issue at $2.18 a share. Net proceeds from the exercise are expected to be about
      564 words
    • 586 5  -  MICHELLE QUAH By TWO of Swissco International's independent directors resigned because they felt new rules instituted by the company would have compromised their ability to carry out their duties. These reasons were revealed in detail yesterday more than two weeks
      586 words
    • 407 7  -  R SIVANITHY Regulators urged to ensure issuers reveal ratio of warrants in public hands daily BY IN ORDER to elevate the local warrants market to the next level, the authorities should first ban short-sell-ing of warrants and second, ensure issuers disclose the ratio
      407 words
    • 735 7  -  LYNETTE KHOO THE cash exit offer from majority shareholder Oei Hong Leong Foundation (OHLF) initially seemed to mark the end of a deadlock at International Capital Investment Ltd (ICIL), by providing minority shareholders an option to cash out of their shares, which have been suspended
      735 words
    • 409 7  -  SARA LIM By VEGA Company, which has announced its intention to make a voluntary conditional cash offer for all the shares in Sing Lun, said yesterday the stake now owned or controlled by it and parties acting in concert is 71.32 per
      409 words
    • 591 8  -  CHEW XIANG Yangzijiang, SGX, Cosco Yanlord lead the losers in benchmark FTSE STI By THE past three months have seen $105 billion or 13.2 per cent wiped off the stock market value of Singa-pore-listed companies. Their combined market capitalisation dropped to $692.5 billion
      591 words
    • 261 8 MATURITY YEAR RAISED COUPON DATE RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) REDEMPTION ISIN CODE YIELD P-a.) H.04.2008 N*****0S 2003 11/2 3800.00 1/10 1/4 182 99.99 5.16 SG********** H.07.2008 NX*****H 1998 5
      261 words
    • 364 8  -  EMILYN YAP By DESPITE investment bank Merrill Lynch sticking to its "sell" call on 01am International shares, the stock soared as much as 17 cents or 8.2 per cent yesterday following news that the company is raising as much as $307 million through a
      364 words
    • 201 8 Reuters SINGAPORE resorts and hotels group Banyan Tree hopes to close a fund aimed at raising up to US$4OO million for investments in IndoChina by the end of this year, as market turmoil has boosted investor interest in Asian real estate.
      Reuters  -  201 words
    • 477 8 FANG Ai Lian the first and only female head of an international audit firm in Singapore retired from Ernst Young yesterday after 34 years. She is moving to Great Eastern Holdings, whose chairman Michael Wong Pakshong steps down later
      477 words
    • 282 8  -  MATTHEW PHAN By KEPPEL Corp, through Keppel Seghers Belgium, has won a 34 million euro (5574.8 million) turnkey contract to design and build a waste-to-energy cogeneration plant for a papermill in Sweden. The group, through Keppel Seghers Holding, is also taking a 22
      282 words
    • 354 8  -  LAN POH returns." By FOOD and beverage group Pokka Corporation (Singapore) has reported a more than seven-fold jump in net profit to $7.0 million for its financial year ended Jan 31, 2008. The surge in profit attributable to shareholders came as the the group posted a
      returns."  -  354 words
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  • SINGAPORE MARKETS
    • 625 6  -  R SIVANITHY STOCKS ST Index drops 24 points on losses in Hong Kong and Dow futures, and a weak Europe opening A 2 per cent slide in Ho ng Kong, a 70-point drop in the June futures on the Dow Jones Industrial Average, and a
      ?: Bloomberg  -  625 words
    • 100 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 10 1 0 0 0 6 10 1 Manufacturing 44 98 51 10 14 54 112 59 Commerce 13 38 16 16 44 19 Tpt/Stor/Comms 11 24 11 25 Finance 19 19
      100 words
    • 120 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 41.421 41.421 142.295 142.295 Manufacturing 487.117 72.541 559.658 371.936 13.539 385.475 Commerce 97.042 792 97.834 144.237 117 144.354 Tpt/Stor/Comms 131.615 232 131.847 417.405 52 417.457 Finance 60.214 60.214 582.932 582.932 Construction 47.862 11.461 59.323 11.512
      120 words
    • 110 6 Stock name Close Cham CapitaLand 6.350 4-0.010 CapitaMall 3.450 4-0.110 CityDev 11.020 -0.160 Cosco Corp 3.690 -0.040 DBS Grp 18.000 -0.420 F&N 4.850 Gentlntl 0.600 HK Land 4.130 -0.020 JSH 16.820 -0.180 Jardine C&C 19.540 4-0.160 Keppel Corp 9.900 -0.100 Keppel Land 5.550 -0.010 NOL 3.250
      110 words
    • 434 6  -  MATTHEW PHAN ST Engineering March 31 close: 553.38 Singapore Press Holdings March 31 close: 554.60 OCBC Investment Research, March 31 STICKING with Singapore's stalwarts: The market's increased risk premium will mean investors are less willing to pay higher multiples for uncertain growth stories. Investors are shifting into defensive
      434 words
    • 280 6  -  I KEN TAI CHEE MING, CHART POINT THE Straits Times Index (STI) has established two gaps after rebounding off lows at 2,745. In the short term, the STI appears to be retreating towards 2,927 to close one of the gaps before attempting another
      280 words
    • 525 6  -  LARRY WEE CURRENCIES THE low-yielding Japanese yen made a strong comeback yesterday in Asia, just before the start of a new Japanese financial year today. But, at the other end of the yield scale, the New Zealand dollar nosedived. News yesterday morning that New
      : Reuters  -  525 words
    • 4 6 DAILY
      4 words
    • 52 6 CLOSE 79.00-207.00 BT OB/OS BT CADI -*****.00-155.00 BT 10-day MA -*****.00 +8.00 FTSE ST Mid Cap 769.77 -0.69 FTSE ST Small Cap 635.88 -8.03 FTSE ST All Share 768.58 -5.57 FTSE ST China 458.62 -9.26 UOB Catalist 149.91 -1.35 SIMSCI 375.34 -2.83 SIMSCI Futures 371.50 -9.40 PrimeParnersCI
      52 words
    • 58 6 VOLUME ChinaEnerqy 75,265,000 Yanqzijianq 56,484,000 Jade Tech 54,513,000 Sing Tel 49,728,000 JiutianC 45,548,000 CoscoCorpMßLeCWoBo7o3 44,997,000 China Honqxinq 38,589,000 Synear 37,023,000 UniFiber 29,348,000 Golden Agri 26,235,000 VALUE(S) DBS Grp 204,413,737 Sing Tel 195,497,810 UOB 129,897,298 OCBC Bk 116,330,860 SGX 115,272,710 Capita Land 99,094,555 Cosco Corp 80,558,355 Keppel Corp
      58 words
    • 107 6 CLOSE UP Shani iriLa Asia 2100 35.5 10.5 Jardine C&C 1954 16.0 0.8 ?a Hldi 148 13.0 9.6 MOIL 189 11.0 4.4 lall 345 11.0 3.3 B Sembawani 895 10.0 1.1 MCL Land 185 10.0 5.7 OCBC Bk4.5%NCPS 100 ***** 10.0 0.1 S I A 1560 10.0 0.6 Korea
      107 words
    • 123 6 CLOSE DOWN GLD 10US$ 9230-110.4 -0.9 China H 10US$ 1551 -81.4 -3.7 Venture Con 1054 -52.0 -4.7 DBS Gri 1800 -42.0 -2.3 Parkwa 1 Hid. 320 -39.0 -10.9 SGX MBL iCW*****3 274 -38.0 -12.2 India Ni 10 1650 -36.0 -2.1 ISMSCI India 100 723 -35.9 -3.5 DBS MBLJCW*****0 514
      123 words
    • 88 6 Mar 31 CHNG CLOSE FR Mar 28 YR 2008/07 S$ LOW S$ HIGH USS 1.3800 -0.02 1.5479 1.3757 Euro 2.1830 -0.22 2.2064 1.9913 Pounds 2.7416 0.40 3.1194 2.7339 AS 1.2619 0.81 1.3555 1.1741 Yen* 1.3885 -0.74 1.4484 1.2285 Rupiah* 0.***** -0.02 0.***** 0.***** Baht* 4.3810 0.17
      88 words

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  • SINGAPORE NEWS
    • 579 9  -  CHUANG PECK MING 2006 services trade balance remains in deficit, but gap narrows to $4.2b By GLOBAL trade in services is growing more important for the Singapore economy. Trade in services accounted for under two-thirds (62.2 per cent) of Singapore's gross domestic
      : Department of Statistics  -  579 words
    • 232 9 THE company that is buying Liverpool Football Club has acquired a "significant minority stake" in local yoga and wellness company True Group. In a statement yesterday, Dubai International Capital (DIC) said the acquisition is in line with its mandate to grow
      232 words
    • 517 9  -  RONNIE LIM By AVERAGE Singapore electricity prices dipped in 2007 after climbing for two consecutive years, a just released market report by the Energy Market Company showed. This is despite sharply higher oil prices and record high electricity demand here last
      517 words
    • 187 9 INSURER Great Eastern (GE) has introduced a new investment product with an insurance aspect. Called the Great Link Ideal Investor, investors can choose from 28 Great Link funds spread across a range of asset classes, geographical regions, and sectors. Of these, five portfolios with
      187 words
    • 286 10  -  QUAH CHIN CHIN By INVESTMENT opportunities abound in Russia, but Asian investors are still hesitant to enter the market, according to Troika Dialog, the country's largest investment bank. "There's a lack of understanding of how to do business in Russia; many things are
      286 words
    • 391 10  -  LEE U-WEN RSIS will use income earned from fund to hire top faculty, research scholars By ONE of Singapore's leading think-tanks has launched an endowment fund worth $40 million, to go towards research, teaching and networking activities. The S Rajaratnam School of International Studies
      391 words
    • 665 10  - Remembering Eddie Toh. REME AHMAD TRIBUTE By EDDIE Toll would have been 41 years old today. Born in Johor, he was a longtime reporter with Singapore Press Holdings, then switched to stockbroking firm Kay Hian for a couple of years in Singapore and transferred to Kuala Lumpur. He later rejoined
      665 words
    • SINGAPORE ROUNDUP
      • 73 10 FORMER Standard Chartered Bank (Singapore) chief executive officer Euleen Goh has been appointed the new chairman of the Singapore International Foundation (SIF). Barry Desker is leaving after seven years in the post. Ms Goh, a chartered accountant, is also the current non-executive chairman of International
        73 words
      • 90 10 ASSISTANT Commissioner (AC) Ng Boon Gay will head the Criminal Investigation Department (CID) from today. He takes over from Senior Assistant Commissioner (SAC) Lock Wai Han, 40, who wiU immediately assume duties as Deputy Secretary (Info-comm, Media the Arts) in the Ministry
        90 words
      • 76 10 CHEW Gek Khim, executive chairman and chief executive of Tecity Group, has been appointed chairman of the National Environment Agency (NEA) from today. She was the deputy chairman of the NEA and is granddaughter of the late OCBC chairman Tan Chin Tuan. The NEA also
        76 words
      • 93 10 CHILLI crab is now on the menu in Tokyo, under a joint venture initiated by International Enterprise Singapore which taps a growing demand for Singaporean food in Japan. The US$3 million venture, called Singapore Seafood Republic, will open its doors to the public
        93 words
      • 62 10 THE Ministry of National Development has announced the appointment of a new chairman and three new members to the Agri-Food and Veterinary Authority (AVA). Koh Soo Yong, currently AVA deputy chairman, assumes the chairmanship of the AVA from today. He succeeds Koh Poh
        62 words
      • 67 10 REPUBLIC Polytechnic and Raffles Hotels Resorts will be strategic and advisory partners in establishing Singapore's newest hospitality school the Raffles School of Hospitality RP. When term opens next week on April 7, students of the Raffles School of Hospitality RP can expect
        67 words
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  • Page 10 Advertisements
    • 1610 10 o TRnetworks TR NETWORKS LIMITED (Registration No. *****5793 D) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of TR Networks Limited (the "Company") will be held at Canning Room, 4* Level, Swissotel The Stamford, 2 Stamford Road, Singapore
      1,610 words

  • SME SPOTLIGHT
    • 630 11 PRO-ENTERPRISE CHANGES The Pro-Enterprise Panel has helped make applying for licences and permits less onerous, reports OH BOON PING AT Eucalyptus Day Spa Training Academy, foreign staff used to have to go for two similar medical examinations within a short period of two months
      ARTHUR LEE  -  630 words
    • 529 12 IT MATTERS The SME Infocomm Resource Centre helps SMEs make use of new technologies to reach out to the global market TODAY'S business environment is increasingly competitive and global in nature. To compete in such an environment, businesses need to constantly sharpen their competitive edge,
      529 words
    • 298 12  -  WEE JUN KAI By1 r A GROUP of small to medium Singapore enterprises will get a first-hand look at the China market, thanks to developer Capita Land Retail and government agency Spring Singapore. A group of about 30 people, including more than 20
      298 words
    • 1015 12 Keane Consulting CEO tells GEOFFREY LEE how acting on good advice from a local boy set him on course to eventual success HE was a struggling student, only 19 when lie signed up for the Singapore Navy in order to see himself through university. As it
      FILE PHOTO  -  1,015 words
    • 343 12  -  TEH HOOI LING By THERE was a strong rebound in the small cap sector in the five trading sessions to yesterday. Our portfolio advanced by 9.4 per cent compared with the Straits Times Index's 2.7 per cent gain. Perth-based Ausgroup, which provides engineeringsolutions to mining
      343 words
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    • 122 12 Bid price starts from $10 P j Bidding ends 11.59pm, 6 April 2008 mmmmmmmMm H I m%%iA H L m^^ mm <i4-i^i(i'iT f ■HwttSB JKi'H'llIl A o t> SAVE $131 I No, this is not an April's Fool joke. I Set in 18K white gold diamond of 0.57 4 V^7T7TVmVH|B
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  • ECONOMY WATCH
    • 650 13 Reuters [BEIJING] Did you know that the slide in the US dollar and the surge in oil prices to over US$lOO a barrel were part of a deliberate US strategy to reduce the purchasing power of China's foreign exchange reserves? Few in the West
      Reuters  -  650 words
    • 620 13 Bloomberg Central banks trying to restore confidence in banking system [LONDON] Britain wants to work in tandem with the United States to create a common policy on tackling the credit crunch ahead of meetings of leading financial powers this month, the British government
      Bloomberg; BLOOMBERG  -  620 words
  • Page 13 Advertisements
    • 265 13 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      265 words

  • MALAYSIA
    • 206 14 Reuters [SEOUL] South Korea's Kookmin Bank said yesterday it would sell its 14 per cent stake in Bank Internasional Indonesia (BII) to Malayan Banking Bhd (Maybank) for US$37B million." The sale proceeds represent 4.5 times Kookmin's cumulative investment in 811, but the
      – Reuters  -  206 words
    • 627 14  -  S JAYASANKARAN Abdullah set to face more attacks from Mahathir, Razaleigh, and others this week By in Kuala Lumpur THE pressure on Prime Minister Abdullah Ahmad Badawi continues to intensify, with growing calls for rules favouring his presidency of the United Malays National
      REUTERS  -  627 words
    • 211 14 AFP [KUALA LUMPUR] Malaysia yesterday said it was confident economic growth for 2008 will hit 6 per cent despite troubles in key trading partner the US. Deputy Prime Minister Najib Razak said domestic demand, public spending and the services and mining sectors, including the
      AFP  -  211 words
  • Page 14 Advertisements
    • 1511 14 Excelpoint EXCELPOINT TECHNOLOGY LTD. (Company Registration No. *****3280 C) (Incorporated in the Republic of Singapore with limited liability) NOTICE OF SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Excelpoint Technology Ltd will be held at Paramount Hotel, 25 Marine Parade Road, Parawave, Level
      1,511 words
    • 863 14 n FRAGRANCE GROUP LIMITED (Incorporated in the Republic of Singapore) 1 Company Registration No. *****6656 M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fragrance Group Limited will be held on April 18, 2008 at 9.00 a.m. at 168 Changi Road #05-01 (Attic
      863 words

  • GREATER CHINA
    • 461 15 Reuters Bank gets official nod to service clients in Shanghai, Beijing, Guangzhou [SHANGHAI] HSBC Holdings pic, Europe's largest lender, launched private banking services in China yesterday as foreign banks including Citigroup target the country's fast-growing market for services to wealthy clients. Chinese regulators had
      Reuters  -  461 words
    • 180 15 Reuters [BEIJING] Chinese President Hu Jintao officially launched the Beijing Olympic torch relay yesterday amid dancing, acrobatics, waving pompoms and tight security in the capital's Tiananmen Square. "The sacred flame is the symbol of the Olympic spirit. It embodies hopes and dreams, light and joy and
      ■ Reuters; AFP  -  180 words
    • 311 15 AFP [BEIJING] Chinese Premier Wen Jiabao has invited Taiwan to hold "big-issue" talks on establishing direct transport links and signing a peace agreement, state media reported yesterday. Mr Wen, who was speaking to reporters during a visit to Laos, extended the invitation
      AFP  -  311 words
    • 230 15 Bloomberg [HONG KONG] Barclays pic started selling its Investment Legends Fund in Hong Kong that will invest in companies, funds and commodities owned by managers such as Warren Buffett, Jim Rogers, Mark Mobius and Bill Gross. The fund, the first of its kind
      – Bloomberg  -  230 words
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    • 289 15 I f f \M. ,y^v(™|| Incredible India 60 Yt .j'.-v -JO" >CJR •VCsw^/'/ IV I' 4th April onwards f*WW Confederation of \v\ r 'i? T/T .•.Vtt.fi) l m\t IMf'l' Singapore %aMM j Indian Industry /c^^^ev EXPERIENCE INDIA Visit us at Incredible India@60 •iA***^?iW Vl w \H D }< \l fft
      289 words

  • Page 16 Advertisements
    • 4788 16 CO BABCOCK&BROWN &C STRUCTURED FINANCE FUND ifWWW (~\f Ipp (~)f BH GLOBAL MARINE LIMITED I NWLI^I^ \y\ Company Registration No: *****4900H Annual General Meeting NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2008 Annual General Meeting of the Company will hp hpld a\ M Hotpl Sinnannrp Shpntnn
      4,788 words

  • INDIA
    • 455 17 Reuters Price-tracking ministerial panel meets after inflation hits 14-month high [NEW DELHI] A panel of leading Indian ministers which tracks prices in Asia's third-largest economy was to meet last night to debate ways to curb fast-ris-ing prices of essential commodities after
      Reuters  -  455 words
    • 53 17 [MUMBAIJA model displaying a creation by Indian designer Pooja Pusalkar during the Lakme Indian Fashion Week in the country's commercial capital Mumbai on Sunday. Some 57 designers are unveiling their autumn-winter collections at the five-day fashion festival in the western Indian city which is scheduled to
      AFP  -  53 words
    • 158 17 -Reuters [SINGAPORE] Britain's Barclays plans to set up a private bank in India and hire 100 people by the end of the year to serve rich entrepreneurs, the Financial Times reported yesterday. "We have a successful investment bank in India and we have
      -Reuters  -  158 words
    • 521 18 Bloomberg It'll also resume talks with Pakistan on USs7.4b pipeline for gas from Iran [NEW DELHI] India, Asia's third-largest consumer of oil, will focus on obtaining energy assets in Angola after failing to secure supplies closer to home. "Angola is
      ■ Bloomberg  -  521 words
  • Page 17 Advertisements
    • 601 17 f**f** A T^/^ O Computer Games Allied Technology 2008 1 Am I J m International Conference Industry Symposium on >w^^^^kA^^^^^^ m m I \*m»S \mmS Computer Games: Animation, Multimedia, IPTV, Edutainment Security kH« Ww^ WWW.Cg3mGS.C0m.Sg 28th 30th April 2008, SuntecSingapore ;^^HB Conference Chair Xm ,*^M Professor the Hon. Stephen Martin
      601 words
    • 15 17 B«b^^^^ WWW.RABIOfII3.COM A u c cars property >ps ST t» I Ojk fa vi^kt stuffwww.ST7oi.COM
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  • Page 18 Advertisements
    • 2061 18 HLG ENTERPRISE LIMITED Company Registration No. *****0131N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Fifth Annual General Meeting (the "Meeting") of HLG ENTERPRISE LIMITED (the "Company") will be held at M Hotel Singapore, Shenton Room, Basement 1, 81 Anson Road,
      2,061 words
    • 2072 18 n.n nn^n .-i-.s». Pn THE STRAITS TRADING COMPANY LIMITED HAW PAR CORPORATION LIMITED (Incorporated In Singapore) Company Registration Number: *****0437M LOST STOCK SHARE CERTIFICATES NoticB is hereby givBnthatthB following stuck/ shares certificates have bBsn reported lost. (Incorporated in the Republic of Singapore) _|p_________ NOTICE OF ANNUAL GENERAL MEETING The Estate
      2,072 words

  • MIDDLE EAST
    • 445 19 Reuters It wants to develop regional projects with The John Buck Co, after buying a stake [AßU DHABI] Mubadala Development Co, an Abu Dhabi investment vehicle that manages over US$lO billion of assets, said on Sunday that it is in talks to buy
      Reuters; BLOOMBERG FILE PHOTO  -  445 words
    • 168 19 Reuters [DUBAI] Projects worth more than US$2 trillion have been announced or are under construction in the Gulf Arab countries that form the world's largest oil-exporting region, the Middle East Economic Digest (MEED) said on Sunday. Economies of Saudi Arabia, the United Arab
      Reuters  -  168 words
    • 231 19 Reuters [DUBAI] Dubai International Capital (DIC) and pri-vate-equity firm Bridgepoint plan to bid jointly for healthcare group Euromedic International for about £700 million (551.92 billion), the London Times said on Sunday. DIC, an investment agency owned by the ruler of Dubai, and
      Reuters  -  231 words
  • Page 19 Advertisements
    • 68 19 \\WwAAmM'm- mm^mAAM mW^^Ammmi Asia's Leading Luxury Yachting Magazine A jT^Wi SS? I 1 WM With a heritage spanning thirty years, and a reputation amongst Asia Pacific's yachting enthusiasts for being the leading source of news and information on the luxury boating and yachting industry, Asia-Padfic Boafing is the most established
      68 words
    • 102 19 W iJ_—\ A MMjA r_ jA I Kjj^^^^' mm\\\\\\m\m\\\\\\m\ W. Wr Wi' W W mr m .AwmM^^AMW^wXm^ZwwwWsK B, WW mmW WW I WmW^&ZdmG$mmmmA WW WW W WW w wm\ I m W m AW^m\ m W f MA W W W .^MMMWw^mmWWZ«,(3' y^ w^Allm&^xlmAwrXAA m^L WW AMf jAm^lmW^Ai^MM. Y^mA HL.
      102 words

  • ASIA-PACIFIC/WORLD
    • 543 20  -  ANTHONY ROWLEY Opposition refuses to continue with the temporary petrol tax clamped 30 yrs ago By in Tokyo IN WHAT Japanese motorists are hailing as welcome fallout from legislative gridlock in parliament, petrol prices will fall by 17 per cent or 25 yen per
      543 words
    • 400 20 Reuters [PARIS] France's Pernod Ricard won a hard-fought auction yesterday to buy the maker of Sweden's Absolut vodka in a 5.63 billion euro (5512.31 billion) deal, but its shares fell on concerns over the price. Pernod beat the favourite, Jim Beam bourbon-maker Fortune
      Reuters  -  400 words
    • 299 20 [BANGKOK] A Thai an-ti-graft body set up to investigate ex-prime minister Thaksin Shinawatra announced yesterday that it will seek to prosecute the ousted leader in connection with a government loan to Myanmar for communications satellite services. The Assets Examination Committee,
      -AP  -  299 words
    • 255 20 J Bloomberg [ZURICH] ÜBS fell in Swiss trading after reports that it may need to raise capital to offset writedowns on mort-gage-related assets. ÜBS dropped as much as 4.8 per cent to 27.6 francs (5538.48), after Merrill Lynch analysts including Derek De
      — J _ __ Bloomberg  -  255 words
    • 7719 20 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.907/ Star Europe Bond 1.233/ Star Europe Bal 1.169/ Star Asian Tiger Eqty 1.333/ Star Asia Bond 1.185/ Star Asia Balanced 0.952/ Star Global Technology Fund!** 0.186/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.859/ Gib Multi St USD
      7,719 words

  • WORLD
    • 465 21 Bloomberg They expect lending conditions to worsen in the next 6 months [LONDON] UK banks believe that credit market turmoil will last at least until the end of the year, twice as long as they predicted three months ago, according to a survey by the
      – Bloomberg  -  465 words
    • 295 21 Reuters But Microsoft seen in need of a revamp [LONDON] The Apple brand has the biggest impact on the world's consumers, while Microsoft and the United States country brand are those considered most in need of a remake, a survey showed yesterday. The poll
      – Reuters; REUTERS  -  295 words
    • 2277 21 VOL C000) lar 31 RM ASM Realty 0.61 \bric Bhd 0.20 advance Synergy 0.13 Adventa Bhd 1.22 AeMuIti Hldgs 0.25 Win Holdings 1.99 Ahmad Zaki Resou 1.11 AicCorp 0.61 \irasia Bhd 1.37 Akn Technology 0.45 alliance Financi 2.68 AluminiumCo 1.04 Amalgamated Ind 0.39 tamb Hldgs Bhd 3.44 Amtel
      2,277 words
    • 330 21 Reuters [LONDON] A rebel shareholder in HSBC Holdings has again urged Europe's biggest bank to sell its US business, saying that if the bank didn't, then the unit may have to file for Chapter 11 protection from creditors. Knight Vinke Asset
      – Reuters  -  330 words
  • Page 21 Advertisements
    • 1394 21 FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD (Incorporated in the People's Republic of China) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Carlton Hotel, 76 Bras Basah Road, Singapore *****8 on Tuesday, 13 May 2008 at 10.00 a.m.
      1,394 words

  • AVIATION
    • 596 22 It abandons 14% of scheduled services amid backlog of 15,000 delayed bags XONDON] British Airways pic cancelled 54 flights at London Heathrow airport's new Terminal 5 yesterday is it works through a backlog of about 15,000 pieces jf stranded luggage on
      AFP  -  596 words
    • 346 22 Bernama [SHANGHAI] Airport operators worldwide will require significant amount of investments to cater to the growing number of passengers, said James Cherry, chairman of Airport Council International (ACI). He said the number of global passengers is forecast to exceed five billion in
      Bernama  -  346 words
    • 216 22 Bloomberg [LONDON] UAL Corp's United Airlines found crossed landing-gear wires that may have caused two Airbus SAS A320 jets to skid off runways, making it at least the fourth major carrier under US scrutiny over maintenance. The National Transportation Safety Board and airline officials are
      – Bloomberg  -  216 words
    • 245 22 I Bernama [KUALA LUMPUR] Boeing said last Friday that it has agreed to acquire Vought Aircraft Industries' interes in Global Aeronautica, a South Carolina fuselage sub-assembly facility for Boeing's newest airplane, the 787 Dreamliner. After the transaction is completed, Global Aeronautica will
      I Bernama  -  245 words
    • 2393 22 AIRLINE CODES: AA American Airlines (AAL), AF Ai France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh A nes (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU),
      2,393 words
  • Page 22 Advertisements
    • 152 22 BT/ZUJI Deals of the Week BUSINESS CLASS (from I ECONOMY CLASS (from HOTEL (from New York $5,419 $1,295 $186 Thai Airways Thai Airways Take home an i love it here* accommodation guide book with any Business Class booking this April DESTINATION BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER
      152 words
  • Page 22 Miscellaneous
    • 361 22 CRYPTIC CROSSWORD ACROSS I Teacher's first to get into n —i 1 12 —i r—^ht —1 ti —1 1 is —1 r sadly messy theory (6) BJ| I I I Man with place in queue h^uh ||M|| Kj| hj useful source of advice? (8) -—MWBB BH HH. BH HVH^ HI
      361 words

  • SHIPPING
    • 559 23 Bloomberg World's 2nd-busiest container port volumes up 20% last year on China trade [SHANGHAI] Shanghai International Port (Group) Co, operator of the world's sec-ond-busiest container harbour, said profit rose 23 per cent last year as China's rising trade boosted demand for sea cargo transport. Net
      – Bloomberg  -  559 words
    • 293 23 Bloomberg [JOHANNESBURG] Tanzania is taking steps to ease congestion at Dares Salaam port and to cut the time ships have to wait to dock to 48 hours from more than three weeks in some cases, Infrastructure Minister Andrew Chenge said. Measures
      – Bloomberg  -  293 words
    • 654 23 -NYT [LUANG NAMTHA, Laos] The newly refurbished Route 3 that cuts through this remote town is an ordinary strip of pavement, the type of two-lane road you might find winding through the backwoods of Vermont or sunflower fields in the French
      -NYT  -  654 words
    • 111 23 Bloomberg [LONDON] VT Group pic, the UK warship builder and training-services company, said its order backlog was £4.7 billion (5512.9 billion) after it signed a contract to help build refuelling tankers for the UK's Royal Air Force. Financial performance in the year through March
      – Bloomberg  -  111 words
    • 361 23 Bloomberg Vessel supply mounts as oil firms delay hiring ships [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may drop for a third day as oil companies delay hiring the ships they need, causing vessel
      Bloomberg; AFP  -  361 words
    • TRANSPORT STOCKS
      • 115 23 '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 0.57 0.36 3.69 0 79 2 07
        115 words
      • 32 23 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.73 9.20 9.20 4.28 unch 0.23 unch -0.20 -0.20 0.16 unch -0.03 181 11 154 923 0 17
        32 words
      • 12 23 '00 'recious Ship Regional Cont 24.30 24.40 0.10 0.10 61' 30(
        12 words
      • 11 23 '000 JOil iingamas Cont 45.55 2.16 0.25 0.04 80' 3341
        11 words
      • 21 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.40 31.50 unch unch -0.60 0.50 unch unch 590! 190: I
        21 words
      • 22 23 Evergreen Marine ....30.00 :irst Steamship 77.10 /Van Hai Lines 28.30 fang Ming Marine...23.95 -0.20 1.20 0.05 -0.35 21 9 12 10
        22 words
      • 39 23 '000 lar31 Yen Vol :awasaki Hvy Ind ..222.00 -8.00 ***** :awasaki Kisen 969.00 -20.00 5402 /litsubishi Hvy 426.00 -9.00 ***** /litsui Eng&Sbldg...267.00 4.00 ***** /litsuiOsk Lines ...1205.00 -24.00 7601 lippon Express 573.00 -13.00 5255 lipponYusen 936.00 -26.00 7539
        39 words
    • 207 23 -AFP [SYDNEY] Australia yesterday announced an inquiry into the country's worst naval disaster of World War II the sinking of the HMAS Sydney, with the loss of more than 600 men. The Sydney sank after a battle with the German raider Kormoran, which
      -AFP  -  207 words
  • Page 23 Advertisements
    • 158 23 m E wp 8 DAY MBA in MERGERS ACQUISTIONS I Trainer Professor Tom Piskula Venue :Le Meridien Hotel, Date 23 rd 24 th Apr (Wed &Thu) Orchard Road Time :9am to spm Fee =552,550 "Professor Tom Piskula has extensive experience as an investment professional. With Citibank, he managed multi-billion dollar
      158 words

  • EDITORIAL & OPINION
    • 504 24 THAT traditional insurance policies lack transparency has been a perennial complaint. Such "participating" policies pool premiums, which insurers then invest collectively in stocks, bonds and property, among other assets, in the hope of earning a rate of return that will in the long run deliver a
      504 words
    • 1549 24  -  THOMAS FULLER IHT Trade between China and upland South-east Asian countries (Cambodia, Laos, Myanmar, Thailand and Vietnam) had risen impressively to USss3b in 2007 By THE newly refurbished Route 3 that cuts through this remote town is an ordinary two-lane road. On Leusa, 70, who
      IHT; FILE PHOTO  -  1,549 words
    • 840 24  -  YOGI AGGARWAL THE BOTTOM LINE THE takeover of two British iconic brands, Jaguar and Land Rover, by Tata Motors set off some crowing in the Indian financial press. Some of it went way over the top. The Economic Times, the largest business daily
      840 words
    • 908 25  -  JOYCE KOH US hedge funds step up campaign contributions to influence the levers of power that seek to curb their freedom By USED to moving markets with their bets, American hedge funds have begun employing their vast reserves to influencing the highest levers of power that
      AFP  -  908 words
    • 1293 25  -  RAMKISHEN S RAJAN Does deregulation necessarily mean instability? To what extent should risks be nationalised? These and other questions need hard answers to obviate a similar future fiasco. Risk-based supervision has become urgent By I T™HE US financial debacle has highlighted some
      1,293 words

  • Page 25 Advertisements
    • 114 25 H V_________^P^~^^ ■__5 tH c^ j __s J APRIL PULSES OUT NOW! IN THIS ISSUE: 'Braveheatt' Lionel Lee's deepwater bet pays off for Ezra Holdings Local banks bracing for leaner times A tale of two Kings: King's Safetywear and Kingsmen Creatives The near Midas touch of serial investor Gerrard Ball
      114 words

  • SINGAPORE STOCKS
    • 8704 26 Transaction date: Mar 31 lii »-wks Tel Low Code Co i Sale ('OOP) Hit ■ow Bi Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 99.5 6389 ABF SG Bond ETF 30 12 1938 AEI Corp 26 7.5 1100 AEM 42
      8,704 words
    • 78 26 Afk Tel Low Code Last Sale Vol Cooo) Low Lasl (uote Seller Div C'vr Net P/E Cap imil _Hm Com _Hm Bu' 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3
      78 words
    • 1972 26 Hii Low Code Comi Sale ('OOP] Hii Low Bu1 Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 20 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814
      1,972 words
    • 215 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
      215 words
  • Page 26 Advertisements
    • 55 26 /I :^&^^^MMW^^J^^^**^^~^^^ *~--^^BMMMM£^^±^ >*"' i "-1- v^EB BW^^4^^t^^lkShß^U^^V^m^dy ~r* MMr^^Br ROYAL OAK COLLECTION V''W Mlll^^S*''''?^ WHERE EXTREMES MEET '^fe' Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED <^s?^ll^^^*^^^^ ■'.\"~!-'hJJ?'"' a'Zj' 1 P 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 ■^t-^-^^fe^""'^^S^^ '~~'"£m£j" «S Internet:
      55 words

  • FINANCE & COMMODITIES
    • 362 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 28 World Index Preliminan 995.6 0.0 -12.0 0.0 -13.0 -0.2 -9.3 EAFE Preliminan 952.3 0.1 -15.0 -0.1 -12.9 -0.2 -9.2 Euro[ Preliminan 1320.9 -0.3 -14.4 -0.7 -13.2 -0.8 -9.5 Pacific 802.5
      362 words
    • 125 27 As at 9am Mar 31 if foreign currency: Currencies Bid Offer lust dollar 1.2550 1.2700 .an dollar 1.3420 1.3580 luro 2.1670 2.1900 IZ dollar 1.0840 1.1080 terlin mnd 2.7390 2.7710 IS dollar 1.3730 1.3890 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer :hi
      125 words
    • 160 27 Mar 31 fer Overnight 5/8 1-month 1 3/16 2-months 1 5/16 3-months 1 3/8 Overnight mode: 13/16 US$ Offer 1/2 1 1/16 1 3/16 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.00 2.90 2.90 2.90 2.75 2.70
      160 words
    • 22 27 Mar 31 ten tIMSCI Mar 374.8 378.4 371.5 "aiwan Mar 329.5 330.7 328.7 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 27 Mar 31 Bid Offer 1-month 1.3779 1.3792 2-months 1.3762 1.3776 3-months 1.3752 1.3766 6-months 1.3722 1.3737 Source: OCBC
      21 words
    • 153 27 Mar 31 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2628 1.2645 0.9150 0.9155 Canadian dollar 1.3508 1.3527 0.9788 0.9793 Euro 2.1799 2.1822 1.5795 1.5799 NZ dollar 1.0908 1.0931 0.7904 0.7914 Sterlim 2.7412 2.7440 1.9862 1.9867 US dollar 1.3801 1.3812 S$/US$
      153 words
    • 342 27 Mar 31 EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.730 97.865 97.770 97.730 0 0 0 0 ***** ***** 8679 ***** EUROYEN FUTURES Jun08 99.260 99.270 Sep08 99.330 99.340 Dec08 99.340 99.345 Mar09 99.325 99.335 Jun09 99.275B Sep09 99.205B Dec09 99.140B Mar10 99.260 99.330 99.335 99.320 99.260 99.320
      342 words
    • 287 27 Mar 31 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 09 389.75 389.50 389.50 388.75 388.75 390.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      287 words
    • 103 27 Mar 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1267.25 1327.25 1305.00 1258.00 Jul 08 1285.00 1342.50 1307.00 1274.00 Aug 08 1267.00 1328.00 1292.00 1261.00 Sep 08 1225.00 1280.00 1227.00 1220.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 54.98 57.48 56.50
      103 words
    • 79 27 CRUDE OIL PRODUCTS Mar 31 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 103.37 -1.2 WTI (Near Mth) 105.36 -1.88 Dubai (1 -Mth F) 99.48 0.44 Tapis blend 112.5 0.35 Minas 106.7 0.35 PRODUCT USS/barrel (FOB S'pore) Close Change ire) Naphtha Jet Kerosene 97.77 129.80 -0.83 2.1
      79 words
    • 466 27 Mar 31 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS lustralia 0.935 6.419 0.579 7.125 36.578 84.455 0.910 9.074 2.924 1.157 57.400 38.230 1.264 7.448 0.909 27.805 28.824 0.461 0.915 Canada 1.070 6.867
      466 words
    • 91 27 Mar 31 'eriod Issue code Maturity Yesterday's Bid Day's |h Low Hii l-Month BQ*****X 03.07.08 -Year BY*****A 29.09.08 0.83 0.96 0.78 0.75 103.4 103.37 30VERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0F 2.625 i-Year N*****0V 1.625 '-Year NX*****F 3.625 0-Year NY*****F
      91 words
    • 78 27 Mar 31 (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      78 words
    • 65 27 Mar 31 ICE PALM FUTURES (RM/MT) lellvery Opening Sett Av lonth Range Price Price Hii Vol Open Done Position Low OS 3425 3385 3426 3384 31 798 Vlay OS 3425 3400 3488 3396 1348 ***** tun 08 3430 3395 3490 3390 8379 ***** lul 08 3412 3390 3480
      65 words
    • 130 27 Mar 31 Hong Kong London 941.20 934.40 942.20 935.40 Mar 27 Mar 28 944.70 927.50 945.60 928.20 Source: Reuters CAST BAR (S$) Mar 31 Buying Sellini Kilobar "44,483.11" ***** PAMP GOLD BARS (SS) Sellinq Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 99.51
      130 words
    • 69 27 Mar 21 iluminium, 99.7% mrity (USS/tonne) Close Previoui :ash 2966.00 2983.20 I months 3015.00 3030.00 Copper, Grade A (USS/tonne) ;ash months 8521.00 8405.00 8636.00 8505.00 .ead (USS/tonne) :ash 2846.50 I months 2860.00 2886.50 2900.00 Jickel (USS/tonne) ]ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) ]ash I months
      69 words
    • 81 27 Mar 28 (£/tonne) Close Prev Hii ih/Low May 08 1281 1318 1320/1278 Jul 08 1316 1353 1360/1312 Sep 08 1263 1295 1293/1262 Dec 08 1254 1286 1281/1252 COFFEE (USS/tonne) Close Pev High/Low Mar 08 2288 2349 May 07 2298 2359 2365/2230 Jul 08 2295 2355 2357/2225 Sep 08 2291
      81 words
    • 1744 27 BONDS WARRANTS rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left 5092 Asia Environment W*****4 18 -2 80 1 38 3.11 17 1657 Biosensors DB ECW*****3 14.5 0.5 20 1 85 3 1879Capitaland BNP ECW*****2 22.5 2.5 1750 0.5 650 3 1666Capitaland
      1,744 words

  • Page 28 Advertisements
    • 2807 28 m The Business Times Shipping Times ___^______^___^^__l ■T^^_________________l Ifjr iTinMI 17 Tl'ifflJm i, V \J£fil 111-------! WAN HAI international pte ltd __L^^ mW m^T* W7W H^^g|jjj^_|uy« WmmW^i^-TAMgrW^^ammmt IV i_V\ Ilia II nil lILIPr TfL *****588 (14 LINES) FAX: *****163 ____^_JL A.^-__»lll'X'L-l =l_ BS_BBK_3IBHB3BIB HaMllWiWlrg^^ I \\\N 1 WAN HAI INtS
      2,807 words

  • Page 29 Advertisements
    • 3315 29 KjTHjnJyj a^*^P!fllP^ v OGlST^ c^ __LZ!________l WEEKLY EXPRESS SAILING SCHEDULE IBUII-M-I] JIIIrIsIITPNM ridai-Ea^; .~__Kfi /--J^^A mW~W _____P ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS ___fcTltlTr_flffl'il 1- J /7__-3=__E_fr r\ VESSEL VOY PKL SIN KHI DXB BAB DMM BIK KHO H 1 WY Iml m I [MB I Ns
      3,315 words

  • Page 30 Advertisements
    • 3244 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 SIN Dest'n Name Name Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name
      3,244 words

  • PROPERTY
    • 1066 31 The sector is set to offer exciting products and experiences over the next few years, write CHEE HOK YEAN and DOREEN GOH SINGAPORE'S tourism and hotel industry turned in a stellar performance in 2007, with record levels in visitor arrivals and trading performance. Total
      Jones Lang LaSalle hotels, industry sources; FILE PHOTOS  -  1,066 words
    • PROPERTY OUTLOOK
      • 904 32 Global investors are showing a lot of interest in Asia because of the region's strong economic fundamentals, reports UMA SHANKARI THE future for investment markets across the world is mixed, but Asia should emerge from the current turmoil as the most attractive location, property analysts say.
        REUTERS  -  904 words
    • 417 33  -  UMA SHANKARI Analysts say the land could fetch $350-$470 psf per plot ratio By i THE Urban Redevelopment Authority (URA) yesterday put a one-of-a-kind hotel site in Balestier Road on the market. The 1.77-hectare plot, next to Sun Vat Sen Nanyang Memorial Hall,
      417 words
    • 286 33  -  ARTHUR SIM By/ THE Home Office Scheme (HOS), introduced in June 2003 with approval periods of three years, has been revised to allow longer approval of five years. In a joint statement yesterday, the Housing and Development Board (HDB) and Urban Redevelopment Authority (URA) also
      286 words
    • 298 33 PINETREE Condominium, which was put up for collective sale in September 2007, has been relaunched at a lower indicative price of about $1,700 per square feet per plot ratio (psf ppr). This is about 20 per cent lower than the previous indicative
      298 words
    • 302 33  -  UMA SHANKARI By CAPITALAND chief executive Liew Mun Leong will take a more direct role in the company's China outfit and Singapore residential business as the developer looks to those segments for growth. Under changes announced yesterday, Lim Ming Van, chief executive of
      302 words
    • 291 33  -  ARTHUR SIM By NGIAM Tong Dow, 70, is stepping down as chairman of Surbana Corporation Pte Ltd, a wholly owned subsidiary of Temasek Holdings since 2004. The news comes a week after Mr Ngiam was quoted in the Chinese-language daily Lianhe Zaobao as
      291 words
  • Page 31 Advertisements
    • 27 31 f f Lianhe Zaobao I \juX I For every I I metric ton VpUY imported, I two must be I stockpiled I ST v I QS3H[ I
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    • 424 31 s~ *V LANDMARK TOWER mtjjLgJ^k fij^^d^ Land area 60,821 sq ft II I J"!|- Leasehold 99 years wef 16/06/1980 j svi^Lp- c«^ SUBJECT are Residential plot ratio 3.7 :3s Ml Ys> Exclusive location overlooking Pearl's Hill City Park ilsli:'* Pc^p™ V Singapore River lIS^U 3$ |B:|| ED Peo^x Pk 360°
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  • Page 32 Advertisements
    • 146 32 AGENCY SERVICES CLIENT SOLUTIONS VALUATION HOSPITALITY CAPITAL MARKETS SALE of 57,000 sq ft in a prime building SALE of an office 48,900 sq ft gross in SALE of R&F Edinburgh Square Tower SALE of largest interest in 237,000 sqft. at the heart of financial district Kowloon Bay BI (Nexus Centre)
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    • 20 32 This is the first of a four-part series brought to you by Jlfel CUSHMAN WAKEFIELD Global Real Estate Solutions SM
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  • Page 33 Advertisements
    • 616 33 r AA O A'FLUENCE PROFESSIONALS WS IUUm)l UUm) PTELTD M [Mj M M Wm r^^J^^^^^TlJlTW W^A Hj :STATE ■"'"ca°n\y^ZZ^F Large 3-storey mixed landed housing sites EUN os I Residential Zone \ar mrt I Plot Ratio 1.4 (Master Plan 2003) V\ .^g£ll^\\ \A Land area 122,677 sf; 999yrs wef 25/9/1882 Site
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  • BUILDING GREEN
    • 1261 34 Sustainability is about retrofitting a city and allowing for local initiatives, reports MATTHEW PHAN M ALONE-LEE Lai Choo, director of the environmental management programme at the National University of Singapore, is no stranger to city planning. Prior to academic life, she headed the
      FILE PHOTO  -  1,261 words
  • Page 34 Advertisements
    • 239 34 AT GRANGE INTRODUCING THE HAUTE LIVING EXPERIENCE .j^ I AT THE HEART OF SINGAPORE j S wT j Gardens H Hotel Renaissance House Plaza Paragon Live in a world that redefines privileged living. Cliveden at Grange is E?asHS^^^^^^^» E!Ell!llF^^^^^™ 3SE?!a2S^^^^Toj^^^^^^^^^ J~!Tt TSnoNn AueMien Brtash Tendn H St. Regie Tejiolln Forum
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    • 15 34 This is the first of a four-part series brought to you by City Developments Limited
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  • Singapore Business Awards
    • 601 35  -  Siow Li Sen THIS year's Singapore Business Awards (SBA) winners very much mirror the success story that is Singapore: A tiny island with no natural resources but punching way above its weight in the global arena. That's just what the four business leaders have been doing, guiding
      601 words
    • 1581 36 Businessman of the Year Roland Ng tells vehi sreeimivasaim how Tat Hong, a family-owned firm, morphed into a pan-Asian giant FRAMED up in Tat Hong Holdings' offices in Sungai Kadut are several Business Times articles dating back to the early 2000s. One clipping, pointing out that
      ARTHUR LEE  -  1,581 words
    • 1321 42 SIA's Chew Choon Seng, winner of the Outstanding CEO award, is a hard man to best in negotiations, reports vein sreeimivasaim URBANE, articulate and states-man-like adjectives often used by airline industry insiders to describe the 60-year-old chief of what is arguably the most successful
      ARTHUR LEE  -  1,321 words
    • 958 42  -  KATHRYN YAP By SUCCESSION planning for senior executive positions is a long-established and well-regarded management tool. It's undeniable that advance planning can smooth out the business disruptions caused by inevitable executive transitions. Yet, while succession planning appears prominently on the priority lists of most C-Suite
      FILE PHOTO  -  958 words
    • 854 46 Dorothy Seet, winner of the Outstanding Chief/Senior Executive (Overseas) award, talks to siowliseim about pulling the family business out of the red and the sacrifices involved DOROTHY Sect, the Outstanding Chief/Senior Executive (Overseas) for 2007, is only the second woman to clinch a trophy in
      854 words
    • 1039 46  -  HERBERT VONGPUSANACHAI By FOR many decades, Singapore's open market strategy has developed it into the hub for South-East Asia. Propelled by a free market economy and excellent international trading links, Singapore is ranked as the country with the second highest gross domestic product (GDP) per
      1,039 words
    • 958 47 Chia Kim Piow, chairman of Enterprise Award winner Rotary Engineering, tells chewxiang how the company overcame the dark days of the 1984-85 recession DON'T write it so that we're too good, says Rotary Engineering chairman Chia Kim Piow to this writer as the interview ends.
      958 words
    • 953 47  -  JOHN CHIN ByJ RISKS are inherent in every forward-looking business decision. Successful risk management should be an integral part of an organisation's strategy and operations, and many companies have invested significant resources globally in risk and compliance initiatives. Financial and regulatory risk have
      REUTERS  -  953 words
    • 984 49 subramaimiam iyer looks at how leading companies can be even more competitive EVERY now and then, companies get quoted in the media for the wrong reasons. Some of those headlines could read as follows: kills 15 workers from a fire at their plant in..." engages
      PricewaterhouseCoopers Singapore; FILE PHOTO  -  984 words
    • 847 49  -  NA BOON CHONG By I AS the pressure mounts on publicly-owned companies to improve their corporate governance practices, more firms are adopting formal CEO evaluations, going beyond merely providing a three-year contractual arrangement of terms and conditions. In Aon Consulting's recent Best Managed Board
      STOCKXPERT  -  847 words
    • 1061 51 yeoimg phick fui looks at how Asian entrepreneurs can navigate the uncertain business climate and even profit from it THE rapid creation of wealth in Asia over the last two decades, especially in China and India, has resulted in the emergence of a "first generation"
      BLOOMBERG  -  1,061 words
    • 956 51  -  SHARAD SOMANI and RAHUL KAR By MANY of us today are familiar with the term corporate social responsibility (CSR). However, when asked, many people have varying notions of what this means. Indeed, CSR is not a new corporate buzzword invented in the last
      956 words
    • 942 52 Singapore's legal expertise is travelling far beyond our shores. Two lawyers share their experiences of working in China and the Middle East WITH the Singapore brand behind them, local companies are taking off on ventures across the world, bringing their businesses to a
      942 words
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  • Page 35 Miscellaneous


  • Page 37 Advertisements
    • 269 37 Singapore Awards 2008 m \^AW^\^^^i^wA\^^m\- .^f .AA+ mmil^~ i mW '^JfAtA 1 m1*\mA¥*Z.mM^*WiS mAA 'i'f- MM 0* *aw**wwW*amm*^m mi wJp^Wl. W*^^^aAmW m^Sm^kwE& MmmW^-^tAAm. AmfB^mAmm. Amm^Br* 0^ W^^ i *M ll V WtAm^mA mW C^ -v H J PC ——JmAvS'srjmmmm* "Success is essentially about getting the right team who can T?
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  • Page 38 Advertisements
    • 35 38 H' L!" L*o IBM II B l^^B v-"is >!!^B s^^l B "~T .Jk. We're Proud To Be Your Partners CIMB-GK SECURITIES PTE. LTD. f y^lC^ LJ R a*n»i#wPß&fg Ot I>C D3IIK KIAN HO BEARINGS LTD
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  • Page 39 Advertisements
    • 31 39 to _mMMMMMMMAmX^^^St f***3#ln|fc. *M-Z~~ ii i r '^^5^- w *ru» i^ H|^VS»fOvO- I Tutt Bryant Group Limited 9 lE'L^JII iBOjs i,_g Double Wong Construction Pte Ltd f^W^ wAm mmwAwA Am^^A |blA9
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  • Page 40 Advertisements
    • 110 40 H 14 R ?tfftt*wps^ti IVIl»J»Ij«^|I»B<|IjBMI[»[»IIj»[jMW -> III mAf kian ho ltd H4|ljM«1C*lM*JK9*I*]avt*Jlt*H l^l^l^l^l^l^l^l^lM We're Proud To Be Your Partners I BAUER MASCHINEN GMBH HUHUI 0 Ej bauer technologies ■fli]F3fl Hitachi oumitomo I FAR EAST PTE LTD AgAmmrn Heavy Industries Construction Crane Co.,Ltd. ALLIANCE r^i-^A A\m m*\0 mm \ta\t-^ HSHI II
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  • Page 41 Advertisements
    • 235 41 I I A W I PI A mm\ WmmT^^^^mmm^ |lf I I^^^S^' taW p| '^'^^J^l 1 mmi A^^A \^A\m^mW m^m^m^m^Am^m^m^mT^^mwm^A m^mWm^Amm m^m^L^KAm^m^m^S^m^m\ .rr "!."i»! S^T-,rt,*8M ■■•IB 3D Ami ~m^^'~'**mm 1*4 klH VA 5-H r "3h 11 >s 101 u'^H ii II 35 '^^S Blfl Bfl wW^nJW 9f 1 tt." ■""I'l
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  • Page 43 Advertisements
    • 95 43 b^: H Singapore Business Awards 2008: Enterprise Award Rotary Engineering Limited and I II its Board of Directors are proud w to accredit this award to the team ,^k w fe^ Mk behind our success. TAX Jr«? %-CL'vE v 1 Joofts^ JHk We would like to share this award L.
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  • Page 44 Advertisements
    • 67 44 r^gm^^ n ■iwH Singapore Awards2ooB I I Congratulations to Rotary Engineering Limited from your Partners and Friends on being named Enterprise of The Year 2007 n 1 BBitlS n u .«*™™m ß HSBC^X^ KELLER X^ everthriving The world's local bank H^P Bn^iGSUiynTEp f{Afl£J rjRQUp \TO C W^W m£G.te®G® CS) V
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  • Page 45 Advertisements
    • 145 45 M/IPHf llflr^j E5555i555ff]|555jH35iiiv■ Jli^^H*fiGie if"l I 1.2^031^^^51 fflf#*ga— J I "jj .«i, <T:- t'yr* -iAVAww 'IA '*^^Tl H^HHn^V^S^^^nAjMjHBnnRflr Am^mA H '*yjr -iMmmMmm^L t:.. R^^- ™^S AiAABmmWmmT M~MmMMwmmm f IJ^tta5SnBBrWrtrJgBffi?lff^.i;j^Bt^- JGP^ W/i'' m'^I^^mT-mm^^^AtWrjr^l&ArGr^ A mMMMWMMT^MM7^'M^ J" ~<r .^Am% mB^mmm^MmaM WSfyVMmVSA\m mM USjm^mW^ i a'PIEhII mj^T^&emmwAMELmWmy 3mW mm Awi Wi txmAr ;\am
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  • Page 48 Advertisements
    • 163 48 The Lexus LS6OOhL The high-performance hybrid sedan with the power to change the world. In creating the Lexus LS 600h L, we didn't just make the most powerful luxury sedan in its class. We designed a car that takes your breath away while giving the planet a chance to breathe.
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  • Page 50 Advertisements
    • 227 50 The Business Times and DHL Express km A^Ly are proud to honour Singapore's top business leaders j &0n^ratuktwns I to all winners of the Singapore Business Awards 2008 ROTARY CHEW CHOON ENGINEERING ROLAND NG SENG DOROTHY SEET LTD Businessman of the Year Outstanding CEO Outstanding Chief/ Enterprise Award President/Group CEO
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  • Page 52 Advertisements
    • 354 52 SMART GARMENTS B£_~~S Smart Garments produces more than one million pieces/suits a year and exports more than US 20 apr A 7. m million dollars worth of merchandise. In 2006, Smart Garments was awarded China's Well-Known n» A jA\ Trademark, an honour that was rewarded with financial awards that required
      354 words

  • Page 53 Advertisements
    • 890 53 Singapore Awards 2008 The Right Environment For |:H:::::::H:::::::H:::::::H::&^ I j_ •••••••••••••>.« tmJmmUJO I IJ wAPm mf'r^.wm nunu ixunq Rannlmlr" *JH3nOI III *:ir':ho ChilOifnh Malaysia a JlllUCHWlC aMaaH*** Jakarta? Darwin Cairns Karratha .ii:iii::iii:iii::iii:ii:Mownsville :::::::::;::::::::;::::::::;::::::::.Mackay ii::::::::::::::::::::::::::::::::::!.: Gladstone *::!!!::!!!:!!!::!!!:!!!::!!!:!!!::!!!:i. Brisbane Newcastle Perth Sydney W*m Adelaide:::::::::: W^\A "Melbourne Ami m m mW m W
      890 words