The Business Times, 5 April 2008

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Microfilm: NL28887
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents «j A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE M ICA (P) 122/12/2007 online at http://www.businesstimes.com.sg April 5-6,2008
    23 words
  • Article, Illustration
    Lock icon From civil servant to CEO
    25 1 Capita Land's Liew Mun Leong on his move to the corporate world and the new dynamics of Singapore's property market
    25 words
  • Article
    Lock icon It's not easy being a billionaire
    613 1  -  MICHAEL JOHNSON -NYT The rich don't know how much is enough and are plagued by insecurities By [BORDEAUX, France] A Seattle billionaire I once worked for ran into money trouble a couple of years ago when his business went sour. He had to sell
    -NYT  -  613 words
  • Article, Illustration
    Lock icon The West also rises with Jurong East makeover
    790 1  -  KALPANA RASHIWALA URA 360-hectare Jurong Lake District will marry offices and retail outlets with waterfront playground By [SINGAPORE] With malls, hotels, offices and entertainment outlets, the sleepy charms of the area around Jurong East MRT Station are poised for a stunning makeover.
    URA  -  790 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.850 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 3.77 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      41 1 ICOMP 1,221.98 -3.60 IIKKEI225 13,293.22 -96.68 IANG SENG Closed ;et INDEX 824.80 -1.88 JAKARTA COMP 2,277.08 +39.11 IANILA COMP 2,983.04 -51.77 ;eoulcomp 1,766.49 +2.86 ;henzhen B Closed IUMBAI IND 15,343.12 -489.43 12N00NEDT Change 12,600.79 -25.24 )OW IAS DAI 2,367.99 +4.69
      41 words
    • Article
      Lock icon FOREX
      36 1 IS$ (S$ per US$) 1.38. (USS/SS )er£) 2.003 2.771 ;URO(US$/S$/E) 1.572 2.175 'EN 102.30 73.9I 3.193 2.30! IK$ 7.790 5.63I !AHT 31.68 22.8! lUPIAH 9,220 6,663 lENMINBI 7.018 5.072 INDIAN RUPEE 40.01 28.91 1.092 0.78!
      36 words
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      1 1 8"*****l"*****4'
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      86 1 __r WWW Z_^ '"^^*%_H_____^___r wfl i L <o*%z% Jkz. WW II ____WW' ____bk ___w y__. S: »»*-^».*-',-'*"^.__.*___f__ Will m A ISjr %^^sss^^^^ \\W______\____t i* m> > r Inspired by a souscription watch, "La Tradition Breguet" salutes one of Breguefs most important inventions, the pare-chute. Hand-wound mechanical movement, caliber 507DR, with
      86 words
  • Page 1 Miscellaneous
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  • TOP STORIES
    • Article
      Lock icon Gloom deepens as US bosses axe 80,000 jobs
      567 2 AP LATEST US DATA National jobless rate climbs to 5.1% in March from 4.8% [WASHINGTON] US employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses. At the same
      AP  -  567 words
    • Article, Illustration
      Lock icon All eyes on chair as Straits Trading is back in family fold
      785 2  -  MICHELLE QUAH Tecity wants more board seats with 89% of Straits Trading in the bag By [SINGAPORE] Tecity chief Chew Gek Khim says it is too early to say if she will take control of the board of
      LAU FOOK KONG/THE STRAITS TIMES  -  785 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Banks' CEOs trail Kwek Leng Beng in pay
        74 2 PROPERTY tycoon Kwek Leng Beng earned some $10 million from just two companies last year, including up to $8 million from City Developments. Mr Kwek made $7.75-$8 million as executive chairman of CDL almost double the $4.25- $4.5 million that he earned
        74 words
      • Article
        Lock icon SembCorp close to sealing Indonesia gas deal: reports
        51 2 SEMBCORP Industries looks set to conclude its deal to buy more Indonesian natural gas this month. The gas will be used to fuel its cogeneration plant as well as meet growing gas demand from petrochemical plants on Jurong Island. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon Number of start-ups up 20% at 44,000
        49 2 THE number of new enterprises registered here rose to 44,069 last year up 20 per cent from five years ago. And in the first quarter of this year, 12,450 new businesses were registered, says Accounting Corporate Regulatory Authority. SINGAPORE NEWS, PAGE 8
        49 words
      • Article
        Lock icon Restore democracy in Umno, says Razaleigh
        50 2 MALAYSIA'S former finance minister Tengku Razaleigh Hamzah called yesterday for the restoration of democracy in the United Malays National Organisation. In a tough speech, he also urged Umno to transcend race-based politics so that the party "is trusted by all Malaysians". MALAYSIA/INDONESIA, PAGE 10
        50 words
      • Article
        Lock icon Price row: China steel firms warn Aussie miners
        36 2 CHINA'S top steel makers' association has warned that Australian mining companies could face "revenge" over the aggressive pursuit of higher prices for iron ore. GREATER CHINA, PAGE 12
        36 words
      • Article
        Lock icon India's cautious, delicate stance on Tibet
        82 2 SINCE protests against China broke out among the Tibetans who make their home in exile here, India has urged the Dalai Lama to refrain from talking politics and assured Beijing that the Olympic torch will pass unmolested when it arrives here this month. That
        82 words
    • Article, Illustration
      Lock icon S'pore's ties with India go up another notch
      398 2  -  LEE U-WEN Joint ministerial panel to oversee projects between the two countries By [SINGAPORE] The strong relationship between Singapore and India will hit a new high when both countries hold their first joint ministerial committee meeting later this month in New Delhi.
      JOHN HENG  -  398 words
  • Page 2 Advertisements
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      283 2 T~l DISCOVER SECRETS HOW ORDINARY PEOPLE ill M_i_pll WTTH NO EXPERIENCE EARN $10,000 MONTHLY 12R* "S&/pft£ N EUR?I^ Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! L 4C "<>_<_«. Mflrt*** No need to qu/f your job. MONEY BACK GUARANTEE* to make sure you succeed. ■■■ia
      283 words
  • Page 2 Miscellaneous
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The civil servant turned CEO
      2313 3 Capita Land's Liew Mun Leong talks to VIKRAM KHANNA about his journey to the corporate world and the new dynamics of Spores property market SPENT 22 years in the civil service, but people never believed I was a civil servant," says CapitaLand's CEO, Liew Mun
      FILE PHOTO  -  2,313 words
    • Article
      Lock icon Still bullish on Singapore property
      387 3 DESPITE the US subprime crisis, which will have a cyclical impact, Liew Mun Leong remains bullish on Singapore's property market in the medium term. "Main street America is suffering from the sins and mistakes of Wall Street," he says. "And when main street gets hit,
      387 words
    • Article
      Lock icon Raffles Hotels & Resorts
      99 3 Raffles Hotels Resorts Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through
      99 words
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  • COMPANY NEWS
    • Article
      Lock icon OCBC sells Robinson stake to Al-Futtaim
      531 4  -  MICHELLE QUAH Bank to get about $37.4 m, with offer price having been raised to $7.20 iyi OCBC Bank has decided to sell its 6 per cent stake in Robinson Co to the Al-Fut-taim Group. And, depending on whether its stake had been included
      531 words
    • Article
      Lock icon Banks' CEOs trail Kwek in pay
      348 4  -  CONRAD TAN CEO PAY By PROPERTY tycoon Kwek Leng Beng earned some $10 million from just two companies last year, including up to $8 million from City Developments Ltd (CDL). M r Kw c k made $7.75-$8 million as executive chairman of CDL, according
      348 words
    • Article, Illustration
      Lock icon UOB's Ee Cheong earns up to $6.25m in 1st year as chief
      563 4  -  CHOW PENN NEE By< WEE Ec Cheong received between $6 million and $6.25 million in 2007 his first year as United Overseas Bank's chief executive, the bank's annual report revealed yesterday. This range is up to 60 per
      563 words
    • Article
      Lock icon SembCorp close to sealing Indonesia gas deal: reports
      423 5  -  RONNIE LIM Fresh supply to be used to fuel cogen plant, meet Jurong Island demand By I SEMBCORP Industries looks set to conclude its deal to buy more Indonesian natural gas this month. The gas will be used to fuel its cogeneration
      423 words
    • Article
      Lock icon Swissco lands 2 contracts worth $14.4m
      250 5  -  VINCENT WEE By SWISSCO International's stream of offshore vessel charter contracts is continuing apace with the announcement of two more contracts with sale options worth $14.4 million. Swissco unit Swissco Offshore signed a charter contract with an existing Australian client for a 40-metre anchor
      250 words
    • Article, Illustration
      Lock icon High-beta plays drive STI up
      561 5  -  R SIVANITHY STOCKS IF THERE was a single theme running through this week's trading, it was that high-beta plays continued to be in vogue, aided by a slew of broking "buy" reports obviously issued to capitalise as quickly as possible on the upward momentum before
      561 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon BROKERS' TAKE
        1058 6  -  Chow Penn Nee Hyflux Water Trust April 4 close: 61 cents DBS GROUP RESEARCH, April 4 HYFLUX Water Trust (HWT) is the first pure-play water trust to be listed in the region and should benefit from strong market fundamentals in the water infrastructure sector in China. The initial
        Bloomberg  -  1,058 words
      • Article, Illustration
        Lock icon Tomorrow isn't guaranteed
        1079 6  -  TEH HOOI LING SHOW ME THE MONEY So keep your perspective and make every day count, sensibly and lovingly LIFE is fragile. Life is transient. And the unexpected departure of former colleague Eddie Toh from this world last Sunday was, for me, a much-needed reminder to take
        1,079 words
      • Article
        Lock icon BT SHARE INFORMATION SERVICE
        1018 6 For week beginning Mar 31 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Contel Corp 3-Apr-08 LinYu-Hsin «ST *****0 na *****0 27.78 0 0.00 Thai Beverage 3-Apr-08 Golden Capital Ltd
        1,018 words
    • Article
      Lock icon SIAEC in $81m Philippines JV
      374 7  -  YEN SREENIVASAN Venture with Cebu Pacific aims to tap MRO business flowing into Asia By IN A move which further widens its already considerably pan-Asian aircraft maintenance footprint, SIA Engineering has tied up with the Philippines' privately owned aviation group Cebu Pacific Air to establish
      374 words
    • COMPANY BRIEFS
      • Article
        Lock icon Westcomb founder retires
        62 7 WESTCOMB Financial Group founder Choo Chee Kong has retired from his post as the company's deputy chairman and relinquished all his directorships and appointments within the group, except for his non-executive directorship with the company's dormant and 51 per cent-owned subsidiary, Westcomb Financial Group (HK) Ltd. This
        62 words
      • Article
        Lock icon Macquarie reviewing proposals
        27 7 Reuters MACQUARIE Pacific Star, manager of Macquarie ME AG Prime Reit (MMP Reit), said it was reviewing proposals from potential buyers for the trust.
        – Reuters  -  27 words
    • Article
      Lock icon Rockeby ties up with NUS to develop HFMD test kit
      363 7  -  CHEN HUIFEN By IN the wake of rising cases of hand, foot and mouth disease (HFMD) here, homegrown biotech firm Rockeby biomed has partnered the National University of Singapore (NUS) to develop a rapid diagnostic test kit for the condition.
      363 words
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      1791 4 KmS*£global (Company Registration No.: *****3851 D) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of CSE Global Limited ("the Company") will be held at The College Room, The National University of Singapore Society, Suntec City Guild House, 3 Temasek Boulevard #05-001, Suntec City
      1,791 words
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      1266 4 Km^^Sglobal (Company Registration No.: *****3851 D) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of CSE Global Limited (the "Company") will be held at The College Room, The National University of Singapore Society, Suntec City Guild House, 3 Temasek Boufevard, #05-001 Suntec City
      1,266 words
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      205 4 _____^^^^^^^^^^^^^^»y r( I Senior Management Position I Central Location I Generous Remuneration Package I In joining this highly successful Financial Services I I Group as the new Legal/Compliance Manager, I I you will have the overall responsibility for the I I conduct and supervision of the Group's Authorised I I
      205 words
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      150 5 V I N U M FINE WINE MERCHANTS BORDEAUX 2000 TASTING Featuring top names such as Cheval Blanc, Haut Brion, La Conseillante, Chapelle de Ausone more "2000 is a monumental vintage, and undoubtedly the greatest year bordeaux has ever experienced..." Robert M. Parker Jr., The Wine Advocate 12th April 2008
      150 words
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      986 5 PENGUIN BOAT INTERNATIONAL LIMITED (Company Registration Number: *****0165Z) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2008 Annual General Meeting of the shareholders of the Company will be held on Monday, 28 April 2008 at 11.30 a.m. at The Board Room, 18 Tuas Basin
      986 words
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      894 5 LUZHOU 810-CHEM TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2523N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Luzhou Bio-chem Technology Limited (the "Company") will be held at Sheraton Towers, Singapore, Pearl 2, 39 Scotts Road, Singapore *****0 on
      894 words
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  • Page 7 Advertisements
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      1507 7 OhWG Energy SHUSHES OUHUA ENERGY HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OUHUA ENERGY HOLDINGS LIMITED will be held at 7 Shenton Way, Singapore Conference Hall (Exhibition Hall), Singapore *****0 on Monday, 28
      1,507 words
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      1673 7 111 l ■CDW 111 CDW HOLDING LIMITED (Incorporated in Bermuda) (Bermuda Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CDW Holding Limited (the "Company") will be held at Carlton Hotel Singapore, Level 2, Connaught Room, 76 Bras Basah Road,
      1,673 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Rule of law key factor in attracting investors: CJ
      512 8  -  CONRAD TAN They want a legal system that is fair in protecting their investments By A STRONG adherence to the rule of law is crucial in attracting foreigners to invest and do business in Singapore, the chief justice said in a
      FILE PHOTO  -  512 words
    • Article
      Lock icon Number of start-ups up 20% at 44,000
      448 8  -  OH BOON PING Acra taking host of measures to make environment here more pro-enterprise By THE number of new enterprises registered here rose to 44,069 last year up 20 per cent from five years ago, latest figures show. And in the first quarter
      448 words
    • Article, Illustration
      Lock icon India hopes to have FTA with Asean all sewn up in 3 months
      390 8  -  CHEW XIANG By INDONESIA remains the chief stumbling block to an Asean-India free trade agreement (FTA), India's Commerce and Industry Minister Kamal Nath said yesterday. But he said that India was "hoping to conclude our trade agreement
      AFP  -  390 words
    • Article
      Lock icon YOG team for biz and marketing most likely the biggest
      359 8  -  DANNY TAN By I THE largest of five new sub-committees set up by the Singapore Youth Olympic Games Organising Committee (SYOGOC) will focus on business and marketing, according to committee chairman Ng Ser Miang. It is in the process of
      359 words
    • Article
      Lock icon Panel recommends measures to tackle problem gambling
      334 8  -  NISHA RAMCHANDANI It calls for bolstering current programmes to manage addictions By SINGAPORE will adopt an integrated approach towards problem gambling and other addictions by bolstering existing addictions management programmes and building greater capabilities in preventive education, manpower and physical infrastructure. These were
      334 words
  • Page 8 Advertisements
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      1520 8 I BONVESTS HOLDINGS LIMITED I *^gM (Incorporated in the Republic of Singapore) l&J&f Registration No. *****0282 M *-5tJ NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Ninth Annual General Meeting of the Company will be held at Sheraton Towers Singapore, 39 Scotts Road, Topaz Room, Level 2,
      1,520 words
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      46 8 OUT NOW! ___jb___T _Q Js^| \r t r j 1/ m WITH EVERY COPY J __Jk§__T .IP PALETTE YFAR&* 6 ALLURING iMfflTmiT^ COLOURS n^ fWraDgjyJ DON'T MISS HER WORLD BRIDES FARULOUS WEDDINGS Our bridal show on Apri 27, 2008 sPHmagazines A SUBSIDIARY OF SINGAPORE PRESS HOLDINQS
      46 words
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  • JURONG LAKE DISTRICT
    • Article
      Lock icon Plot ratios may change in certain local conditions: Mah
      263 9 WILL plot ratios go up in the draft Master Plan 2008? "There will be changes in certain places to reflect certain local situations, local conditions," National Development Minister Mah Bow Tan said yesterday without elaborating. But there will "not be a
      263 words
    • Article, Illustration
      Lock icon Jurong Lake will be transformed into waterfront playground
      567 9 4-5 new attractions planned; Science Ctr site to be developed THE area around Jurong Lake has been earmarked as a waterfront playground lined with four or five new attractions. As part of the revamp, the Singapore Science Centre will also be relocated
      567 words
    • Article
      Lock icon URA's Jurong Gateway plan draws mixed response
      520 9 Consultants and developers hail alternative hub, but fear over-supply in medium term All reports by KALPANA RASHIWALA PROPERTY consultants and developers have given a mixed reception to the Urban Redevelopment Authority's (URA) plan for Jurong Gateway, which will have about 5.4 million sq
      520 words
    • Article, Illustration
      Lock icon Mah disagrees with suggestions on land sales, deferred payment scheme
      582 9 NATIONAL Development Minister Mah Bow Tan yesterday disagreed with suggestions by property tycoon Kwek Leng Beng on the need for the government to review its first-half 2008 land sales programme and rethink its decision to scrap the deferred payment scheme.
      582 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Lippo to start work on US$1.2b Jakarta project in Q3
      214 10 [JAKARTA] Indonesian property company PT Lippo Karawaci plans to start construction on a US$l.2 billion property project in West Jakarta in the third quarter of this year, the firm said on Thursday. The company, which is controlled by Indonesia's Riady
      214 words
    • Article, Illustration
      Lock icon Restore democracy in Umno, says Razaleigh
      569 10  -  S JAYASANKARAN Party must transcend race-based politics also to be 'trusted by all Malaysians' By in Kuala Lumpur MALAYSIA'S former finance minister Tengku Razaleigh Hamzah called yesterday for the restoration of democracy in the United Malays National Organisation (Umno), the dominant party in country's
      AP  -  569 words
    • Article
      Lock icon BURSA MALAYSIA
      2258 10 VOL Cooo) pi 4 RM ASM Realty 0.70 \bric Bhd 0.20 advance Synergy 0.13 Adventa Bhd 1.20 Ae Multi Hldgs 0.25 Win Holdings 2.00 Ahmad Zaki Resou 1.02 AicCorp 0.61 \irasia Bhd 1.38 Akn Technology 0.43 Alliance Financi 2.80 aluminium Co 1.05 Amalgamated Ind 0.46 Ammb Hldgs Bhd
      2,258 words
  • Page 10 Advertisements
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      1772 10 HONGGUO INTERNATIONAL HONGGUO INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hongguo International Holdings Limited (the "Company") will be held at Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore *****4, Pisces Aquarius, Level 1 on Monday,
      1,772 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Banks in China urged to keep extending farm loans
      349 11 Xinhua Growth rate of such loans should not be slower than last year's: central bank [BEIJING] China's banking watchdog urged banks to ensure loans and credit to grain producers and other agriculture-related enterprises on Thursday, in a bid to spur production
      Xinhua; REUTERS  -  349 words
    • Article
      Lock icon China forex agency buys US$2.8b stake in Total
      191 11 Reuters [SINGAPORE] The body that manages the bulk of China's US$l.65 trillion in foreign exchange reserves has bought a US$2.B billion stake in France's Total, the Financial Times newspaper reported yesterday. China's State Administration of Foreign Exchange, or Safe, began building its
      Reuters  -  191 words
    • Article
      Lock icon ICBC sees 8% China inflation in Q1
      235 11 Xinhua [BEIJING] The Industrial and Commercial Bank of China (ICBC) is forecasting an 8 per cent increase in the country's Consumer Price Index (CPI) for the first quarter of 2008. The official government figures come out in mid-April. The bank said in a
      – Xinhua  -  235 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8274 11 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.927/ Star Europe Bond 1.224/ Star Europe Bal 1.175/ Star Asian Tiger Eqty 1.356/ Star Asia Bond 1.183/ Star Asia Balanced 0.961/ Star Global Technology Fund!** 0.193/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.857/ Gib Multi St USD
      8,274 words
    • Article, Illustration
      Lock icon Price row: China steel firms warn Aussie miners
      387 12 -AFP They say they could shun Australia if Rio and BHP are able to extract higher prices [SYDNEY] China's top steel makers' association has warned that Australian mining companies could face "revenge" over the aggressive pursuit of higher prices for iron ore,
      -AFP; AFP  -  387 words
    • Article
      Lock icon China ambassador to UK may skip torch relay
      332 12 -AP [LONDON] China's ambassador to the UK may pull out of the Olympic torch relay planned for this weekend, officials at the Chinese Embassy said on Thursday. Ambassador Fu Ying had been due to be one of the 80 people carrying the
      -AP  -  332 words
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      1197 12 Bid price starts from $10 Bidding ends 11.59pm, 6 April 2008 ™*>. v ____r i—^ Set in 18K white gold diamond of 0.57 1 carats E colour with VSI clarity Excellent polish, cut symmetry (triple excellent) £7 Certified by the Gemological Institute of America (G.1.A.) ,ew°lle Hry HOW TO ZAP:
      1,197 words
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      1086 12 Kingsmen KINGSMEN CREATIVES LTD. (Company Registration No. *****0790Z) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Kingsmen Creatives Ltd. ("the Company") will be held at 3 Changi South Lane Singapore *****8 on 28 April 2008 at 12.00 p.m. (or
      1,086 words
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  • FOCUS: CHINA-INDIA
    • Article
      Lock icon India's cautious, delicate stance on Tibet
      1121 13 ■NYT New Delhi's approach shows it is ever mindful of the more powerful giant, China, that has risen on its eastern flank, says SOMINI SENGUPTA SINCE protests against China broke out among the Tibetans who make their home in exile here, India has urged
      ■NYT  -  1,121 words
  • Page 13 Advertisements
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      102 13 THE STRAITS TIMES thesundaytimes Weekend Giveaway! Get rewarded each weekend! Buy your copy of The Straits Times on Saturday and The Sunday Times for free treats*. Promotion available exclusively at Buzz Pod, Cheers, 7-Eleven, Cold Storage, Giant, Guardian Pharmacy, NTUC, Shop n Save, Caltex, Esso-Mobil, Shell, SPC, Borders Kinokuniya Book
      102 words
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      1256 13 PENGUIN BOAT INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0165Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of Penguin Boat International Limited (the "Company") will be convened on 28 April 2008 at 18 Tuas Basin Link, Singapore *****4
      1,256 words
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      1197 13 J Tg^f FOOD EMPIRE HOLDINGS LIMITED > Company Registration No. *****1282G f*""re y— NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Extraordinary General Meeting of the Company will be held at Raffles Town Club, 1 Plymouth Avenue Singapore *****3 on 29 April 2008 at 12:00 pm (or
      1,197 words
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  • SINGAPORE BUSINESS AWARDS
    • Article, Illustration
      Lock icon Surprise family reunion marks SBA ceremony
      687 14 SINGAPORE'S corporate community gathered on Monday night to honour some of its top business leaders. Some 650 business people attended the 23rd Singapore Business Awards (SBA), a glittering affair held at the Ritz Carlton Hotel, with guest of honour Dr Vivian Balakrishnan, Minister for
      ARTHUR LEE, JOHN HENG AND JOSEPH NAIR  -  687 words
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  • INDIA
    • Article, Illustration
      Lock icon India cracks down on hoarding, profiteering
      531 16 Bloomberg Govt vows to use legal weapon as Inflation soars to 3-year high [NEW DELHI] Indian Trade Minister Kamal Nath said the government will crack down on hoarding of essential commodities as inflation accelerated to a three-year high, joining nations worldwide trying to keep
      Bloomberg; AP  -  531 words
    • Article
      Lock icon IPO, M&A activity may revive after 2008
      347 16 Reuters [MUMBAI] Share issues and overseas acquisitions out of India are unlikely to be as strong this year as 2007 but activity should recover over the next few years, the president of Merrill Lynch's India unit said on Thursday. Kevan Watts, who took
      – Reuters  -  347 words
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      2523 16 ems)energy EMS ENERGY LIMITED (Company Reg. No. *****0485 D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EMS ENERGY LIMITED (the "Company") will be held at Aranda Room, Level 2 Copthorne Orchid Hotel, 214 Dunearn Road, Singapore
      2,523 words
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      20 16 r^****^''^ J—^~_~__r~~~~~\^ \_\W_\* __H_\\ \l I *-^^^^^^^E^i WWWf^M —^^^^^^^^H __^l 11 I'H^ 1 MM"! J lmijjiii£_« iIM |3 W\ \\\\_^^^^m_\_\\f^f^tr^
      20 words
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      19 16 Lianhe Zaobao I "Red I Dragonfly" I brand. k W^ \m ST i> I gfrfc Vi^kt Stuff VWW.ST7OI.COM I
      19 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Asean vigilant against inflation, slowdown
      393 17 AP, Bloomberg Finance leaders pledge to promote trade by opening up financial sectors [DANANG, Vietnam] Financial leaders from South-east Asia said they would remain vigilant against inflation, which is hurting consumers across the region. Finance ministers from the 10-member Asean wrapped up their two-day annual
      – AP, Bloomberg; REUTERS  -  393 words
    • Article
      Lock icon Former chief proposes overhaul of UBS
      322 17 Bloomberg [ZURICH] A former ÜBS president has called for a break-up of the biggest Swiss bank after about US$3B biUion of writedowns on debt securities erased more than half its market value in the past year. Luqman Arnold, whose Olivant Advisers holds 0.7 per
      Bloomberg  -  322 words
    • Article
      Lock icon Investment firms tap Fed for loans
      373 17 -AP They averaged US$3B.l b in daily borrowing last week [WASHINGTON] Big Wall Street investment companies are stepping up their borrowing a bit from the Federal Reserve's unprecedented emergency lending programme. Those firms averaged US$3B.l billion in daily borrowing over the past week, the
      -AP  -  373 words
    • Article
      Lock icon Multilateral trade faces big challenges
      351 17  -  EMILYN YAP By [SINGAPORE] Growth in bilateral and regional preferential trade agreements (PTAs) undermines the creation of a multilateral trading regime, said a panel of trade experts yesterday, and more should be done to bring multilateralism to the fore. The Warwick Commission was in town
      351 words
    • Article
      Lock icon Citigroup may write down US$8.5b more in Q1
      182 17 [LONDON] Citigroup, the biggest US bank by assets, may write down a further US$B.5 billion in the first quarter largely on collateralised debt obligations and leveraged loans, JPMorgan Chase said. "Rising credit losses, further sizeable loan loss reserve build and additional writedowns
      Bloomberg/Reuters  -  182 words
  • Page 17 Advertisements
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      16 17 ___^N_ IW ft- 11 ES IbisU [SlSlPlßl |siasn ____m W_ i_ -W^ ■C i 'WM \W
      16 words
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      1351 17 I ASIAENV I ASIA ENVIRONMENT HOLDINGS LTD (Incorporated in the Republic of Singapore) (Registration No. *****4778 C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 24 Kaki Bukit Place, Singapore *****2 on 28 April 2008 at 4.30
      1,351 words
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  • WORLD
    • Article
      Lock icon Full effect of rate cuts yet to be felt says Bernanke
      414 18 Reuters Fed uncomfortable with high inflation but sees it easing in coming months [WASHINGTON] Ben Bernanke said on Thursday that the full benefit of recent Federal Reserve interest rate cuts has not yet been felt, a policy lag that
      – Reuters  -  414 words
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      Lock icon JPMorgan Chase kept the riskiest of Bear Steams assets, says CEO
      603 18 Bloomberg [NEW YORK] The Bear Steams assets provided to the Federal Reserve as collateral in the firm's sale last month were not its "riskiest", JPMorgan Chase chief executive officer said on Thursday. "The notion that Bear Stearns's riskiest assets
      – Bloomberg  -  603 words
    • Article
      Lock icon SGX MAINBOARD
      8810 18 Transaction date: Apr 4 »-wks Tel Low Code Last Sale Vol ('000) Hii )ay L Low Bu; .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hii Com[ i an; 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 99.5 6389 ABF SG
      8,810 words
    • Article, Illustration
      Lock icon First hydrogen-cell plane takes off
      472 19 -AFP Boeing test plane heralds green future for small planes [OCANA, Spain] Boeing claimed on Thursday a world first in putting into the air a plane powered by a hydrogen-cell battery, a breakthrough that could herald a greener future for the aviation industry. "For the
      -AFP; AFP  -  472 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        61 19 VOLUME Noble Grp 108,729,000 China Energy 77,743,000 UniFiber 73,143,000 Teledata 47,905,000 Golden Agri 45,788,000 CoscoCorpMßl_eCWoBo7o3 35,187,000 Li Heng 35,086,000 Firstßes 23,366,000 Swing Media 21,353,000 Sing Tel 20,014,000 Clob VALUE (S) Noble Grp 228,175,450 SGX 125,140,672 DBS Grp 101,750,802 Sing Tel 79,674,380 Keppel Corp 79,303,980 Capita Land 66,957,370
        61 words
      • Article
        Lock icon RISES
        105 19 BY CENTS CLOSE UP GLD 10US$ 8958 110.6 0.9 Robinson 718 32.0 4.7 Kei il Con 1076 24.0 2. Austland PG 248 22.8 7.8 B Sembawani 927 19.0 2.1 UOB MBL JCW*****0 735 19.0 2.7 SGX MBL JCW*****3 383 18.0 4.9 Kei MBLJCW*****0 312 17.0 5.; Sino-Env 140 15.0
        105 words
      • Article
        Lock icon FALLS
        113 19 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN JMH 2976-105.1 -2.5 JSH 1626-105.1 -4.5 Jardine C&C 1730 -70.0 -3.9 DBS Bk6% NCPS 10 ***** -40.0 -0.4 Pain irm 440 -33.2 -5.2 ir India Nift' 10 1627 -31.0 -1.1 Citlev 1216 -24.0 -1.1 IS
        113 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 19 Up Down Unch 10 4 3 Up Down Unch OOP Up Down Unch 10 4 3 Multi Ind Manufacturini 63 68 66 12 15 75 74 81 Commerce 26 J6^ 23 29 18 10 )t/Stor/Comms 10 19 11 11 20 11 Finance Jl JJ Jl Jl JJ
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      128 19 TURNOVER C000) MAIN SDQ TOTAL VALUE C000) SDQ TOTAL MAIN Multi Ind 31.371 31.371 107.542 107.542 Manufacturing 347.642 47.608 395.250 226.924 4.450 231.374 Commerce 161.382 1.279 162.661 300.796 257 301.054 nil 76.030 92 76.122 212.721 27 212.74! Finance 34.560 34.560 352.177 352.177 Construction 102.153 4.577 106.730 24.340
      128 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      46 19 tod name lose lange CapitaLand 6.900 +0.100 Eap )ev _os co .orp irp jeni Jan line jppel .orp Fppel .am irp Stock name Close Chani Olam 2.450 +0.016 i. i i =ngg jemi .orp >eml laT ung lai leverage Imar 'angzijiang 'anl
      46 words
    • Article
      Lock icon BONDS & WARRANTS
      1701 19 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left 2036AdvanceSCTLtdW*****9 4.5 0.5 101 1 87 195 6.89 28 3657 Biosensors DB ECW*****3 16.5 -1.5 30 1 85 2 3666 Capitaland BNP ECW*****9 14 0.5 30 0.2 628 2
      1,701 words
    • Article
      Lock icon SGX CATALIST
      2221 19 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
      2,221 words
    • Article
      Lock icon SGX XTRANET
      59 19 _Hm Low Code Com Sale 'OOP) _Hm Low Bu' Seller C'vr P/E $mil 200 116 6065 Diamonds 6200 5000 6095 ISDJUSTech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF US200d US6200 US1000 US***** US***** 319 undi 26
      59 words
    • Article
      Lock icon CLOB INTERNATIONAL
      69 19 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote lh Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi lam Hii 139 63 6000 AVJennings 21.5 5.5 6134 Over&Gen 60.5 17.5 6017 StarCruises 320 197 6019 TanChonglnt A63 A10 IIS21.5 IIK244cd -0.5 1906
      69 words
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  • Page 20 Advertisements
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      2315 20 /JGa\ ¥Tf_IJI!MT CHINA AUTO ELECTRONICS GROUP LIMITED (Incorporated in Bermuda with limited liability) (Bermuda Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Level 1, Pisces Aquarius, Marina Mandarin Hotel, 6 Raffles Boulevard, Marina
      2,315 words
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      2993 20 In the Matter of The Companies Act Cap. 50 and In the Matter of B WM OKP HOLDINGS LIMITED PACIFICSSftSk™ [In Members Voluntary Liquidation] (Company Registration No. *****1165G) NOTICE OF FINAL MEETING (Incorporated in the Republic of Singapore) NOTICE ls HEREBY GIVEN p ursuant to Section 308 of the Companies
      2,993 words
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  • MOTORING
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      Lock icon Sun, sand and scandal
      548 21  -  SAMUEL EE F1 WATCH A light-hearted preview of tomorrow's Bahrain Grand Prix By DEAR Organisers of the Bahrain Fl Grand Prix, Greetings to you, who recognised the potential of Formula 1 and brought it to our tiny kingdom in 2004, thus making us the first in
      AP  -  548 words
    • Article, Illustration
      Lock icon A man and his cars
      895 21 Alan Fong gets highly turned on by cars and driving holidays, the practical man tells SAMUEL EE IF A PERSON'S automotive passion can somehow be measured and quantified, then Alan Fong's love for his cars has to be five times that ofthe average motorist. That
      ARTHUR LEI  -  895 words
    • Article, Illustration
      Lock icon Two-wheeled heaven called BikeAsia
      345 21  -  CHRISTOPHER LIM By BIKEASIA, Singapore's first major two-wheeler exhibition, will finally kick off on Thursday after a year of anticipation. The event, which runs until Sunday, April 13, is pitched as much more than a trade exhibition for motorcycles, bicycles and accessories it is intended to
      345 words
  • Page 21 Advertisements
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      29 21 __t___\^^^^________\F______}^^^^^^^^^^^^^ ____m_m_______\m_m !_^^____fl \w2kA_9J*_\lMwi_ljk\_W4^ ■y 368 Changi Road ffljVjfi _^__^B I l_H^^ _____WW\__w_____^/___w^ r __^^^__y^ ___m\ \__W_ __\_\_\\_\_\\a ffii __v^_a-~^-'. _f j_____________________S_____h^^'l_i__l_£_Mv!-________ -__>■. a_\_^iffi_m—~~Ff—l—' LZZZ___________r_____vwT^_______r^______^____TF^ I sgvehicles@pacific?_a BE/OND RELIABLE _fV\OTORI_N<_i
      29 words
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  • GOLF
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      Lock icon Who can catch the Tiger at US Masters?
      995 22 The first major of the year opens at Augusta next Thursday, with 93 players teeing off in the elite field, reports JUSTINE MOSS WITH the US PGA season in full flight and the first major of the year just around the corner,
      REUTERS; FILE PHOTOS ill in trin  -  995 words
  • Page 22 Advertisements
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      706 22 Wine&dine with weekendßT Chatterbox seafood, soups, enticing local and international dishes, Canning Park. Our delicious brunch buffet featuring Pan Pacific Orchard M unique noodle station to one of the largest salad bars local and international cuisine, tempting desserts, nrn n j,™, MM 333 Orchard Road, Meritus Mandarin Singapore i i
      706 words
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  • DESIGN
    • Article, Illustration
      Lock icon The best of Chinese design
      959 23 A new coffee-table book showcases contemporary homes that combine Chinese aesthetics with modern living. PARVATHI NAYAR reports CHINA has caught the world's attention in every arena from sports and the Olympics, to its lucrative contemporary art market and the dramatic architectural projects in its cities.
      959 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Lifestyle multimedia space heats up
      917 24 Bowers Wilkins has opened its first concept store in Spore, giving the likes of B&O a run for its money, reports CHRISTOPHER LIM HOW do you shop for a multimedia home entertainment system? Go to The Adelphi mall to buy a hifi system, followed by
      917 words
    • INSTORE AT THE MALLS
      • Article, Illustration
        Lock icon A vitamin factory for a fridge
        123 24 REFRIGERATORS are now more than cold storage appliances. The Mitsubishi Electric Wclass WSSJ from the company's renowned Folio series features revolutionary "LED sunlight". This feature offers an innovative "photosynthesis" function with its irradiating LED light, which supposedly increases the level of vitamin C and
        123 words
      • Article, Illustration
        Lock icon An isle called Grace
        100 24 GERMANY'S Schulte Design has come up with a new kitchen centre called Grace. Both a stove and a table, Grace has a generous work surface of 220 X 100 cm, and is an ergonomic 90cm high, making cooking easy on the back. The hob is operated
        100 words
    • Article, Illustration
      Lock icon HP embraces fashion to push laptops
      504 24 Computer giant's online campaign gives women a chance to win Kate Spade handbag and HP notebook, writes CHRISTOPHER LIM DO handbags spring to mind when someone mentions laptop computers? Hewlett-Packard (HP) certainly wants to cultivate that association. The company has its sights set on
      504 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Needle power, pain buster
      914 25 WHO recognises the therapeutic nature of acupuncture and has sanctioned its use for many medical conditions, reports MELISSA HENG CANADIAN principal Mark McCallum was in the prime of his life when he suffered a prolapsed disc. At age 36, the father of two young children was
      914 words
    • HEALTH BEAT
      • Article, Illustration
        Lock icon Getting that Hollywood glow
        126 25 FOR those who look to the stars for their beauty tips, check out the latest and most comprehensive range of mineral make-up to come to town, glominerals is known for its advanced formulations combined with antioxidants and skin-protecting qualities, yet giving you "close-up ready" naturally glowing
        126 words
      • Article, Illustration
        Lock icon Crocs converts
        145 25  -  CHEAH UI-HOON CROCS' chunky boat shoe designs might not grace the fashion pages of some ofthe more style-conscious publications but now there's reason to feature them in the health section. Crocs Rx is a new range of medical comfort shoes developed with input from footwear specialists for people
        145 words
    • Article, Illustration
      Lock icon China stroke drug holds promise
      671 25  -  CHEAH UI-HOON By UNTIL today, there isn't an effective drug in Western medicine that helps stroke patients regain their cognitive and motor abilities. But there is hope in one Chinese drug, which is now undergoing trials so that it can be fully accepted in the
      FILE PHOTO  -  671 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      342 25 CRYPTIC CROSSWORD ACROSS I Camping out -or sailing? 1 2 3 4 B 9 Aware of son acting badly 10 Number receive poor return and become dejected (5) |H J| WM II Is the first murder victim a 11 ________P^ i Struggles to in the past (8) 13~~^p^^^ 13 Oriental
      342 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Law, engineering, and science of food
      1347 26  -  GEOFFREY EU The F&B business is full of chefs, restaurant owners and entrepreneurs who may not have started out thinking about working in the industry but heard the culinary call at some point in their lives and answered. BT Weekend speaks to four of
      1,347 words
    • Article, Illustration
      Lock icon Love for Belgian waffles sparks business journey
      531 26  -  lAN POH By FOR a long tedious year, Shereen Tay sold houses. Semi-Ds, terraces, condos, HDB flats, you name it. But there came a day last April when she decided that the sweet, doughy smell of a freshly made Belgian waffle was a
      JOHN HENG  -  531 words
    • Article, Illustration
      Lock icon Now you can cook like Mother
      529 26  -  JOANNE CHIEW By IF YOU'VE forgotten what it's like to have your Mum whip up your favourite dishes whenever you want, there's another Mother who will do just that, without nagging you to do the dishes after. Mother is a food delivery service with
      529 words
  • Page 26 Miscellaneous