The Business Times, 10 May 2008

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Total Pages: 22
1 22 The Business Times
  • 24 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 May 10-11,2008 wline at http://www.businesstimes.com.sg
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  • 539 1  -  CHOW PENN NEE Bank swims against the tide; plans to recruit another 500 in Spore and 10,000 worldwide By [SINGAPORE] While banks in the US and Europe are making announcements almost on a daily basis about job cuts and writedowns, Standard Chartered stands quietly poised
    539 words
  • MARKETS DIGEST
    • 28 1 SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.25 INDONESIA 16.107 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.81 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  28 words
    • 44 1 :rn iam 1COMP 1,285.27 +4.92 IIKKEI225 13,655.34 -287.92 1ANG SENG 25,063.17 -386.62 ;et index 846.71 -3.46 JAKARTA COM P 2,375.03 -1.91 IANILACOMP 2,779.42 +18.80 ;eoulcomp 1,823.70 -24.30 ;henzhen b 561.96 -1.92 IUMBAI IND 16,737.07 -343.58 12NOONEDT Change 12,750.35 -116.43 )OW IASDAQ 2,442.56 -8.68
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    • 41 1 IS$ (S$ per US$) 1.36! (US$/S$ )er£) 1.954 2.67' ;URO (US$/S$/E) 1.547 2.11 'EN 103.10 75.3I 3.196 2.33^ IK$ 7.796 5.69. !AHT 31.93 23.32 lUPIAH 9,250 6,751 lENMINBI 6.989 5.10! INDIAN RUPEE 41.53 30.3 1.062 0.77I IZ$ 1.293 0.94 1
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  • 566 1 uters, AFP, -ReBloomberg Singapore entities, told to divest telco stakes, may go to Supreme Court now [JAKARTA] An Indonesian court yesterday rejected an appeal by Temasek Holdings, Singapore's stateowned investment company, and its affiliates against a ruling that it had breached the country's an-ti-monopoly
    uters,; AFP,; -Re- Bloomberg  -  566 words
  • Page 1 Advertisements
    • 3 1 8 *****1 *****4
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    • 119 1 k. .^tfST^i ill' w^ v Strategically located at One Orchard Boulevard, Camden Medical Centre is just minutes from Gleneagles Hospital, Mount Elizabeth Hospital and luxury hotels such as The Regent Singapore and Four Seasons Hotel Singapore. Designed by Pritzker Prize Laureate Richard Meier whose works include the Getty Museum in
      119 words
  • Page 1 Miscellaneous

  • TOP STORIES
    • 761 2  -  RONNIE LIM It posts 60% jump in its Q1 2008 net profit to USs9m, 83% rise in revenue By [SINGAPORE] Jet fuel supplier China Aviation Oil has finally named a new CEO. The decision to appoint Meng Fanqiu was made by the board
      761 words
    • 504 2 Reuters Reduction over next 2-3 years could improve profitability [PHILADELPHIA] Citigroup Inc, the largest US bank, said yesterday it aims to shed US$4OO billion of assets nearly 20 per cent of its total over the next two to three years to become more
      Reuters  -  504 words
    • 378 2 AFP, Reuters [YANGON] Myanmar will accept emergency aid from the United States, state television said yesterday, a week after a devastating cyclone, but did not specify how it would be delivered or distributed. State television made the announcement after a
      – AFP, Reuters  -  378 words
    • 301 2  -  R SIVANITHY Trading in stock market hampered by 'connectivity issues' By [SINGAPORE] Trading in the local stock market yesterday was disrupted by electronic glitches that led to wrong price quotes and left dealers unable to see the depth of orders. The problem started in the
      301 words
    • THREE-MINUTE DIGEST
      • 80 2 THE property segment was the key profit driver for Fraser Neave in the first half of its financial year. But that may change as the group looks to grow other business segments, with action likely to occur on the food and beverage
        80 words
      • 44 2 OVERSEAS Union Enterprise has reported a 69.2 per cent, or $53.1 million, year-on-year drop in first-quarter group net earnings to $23.7 million, in the absence of a revaluation surplus on investment properties. COMPANY NEWS, PAGE 4
        44 words
      • 69 2 ECS Holdings, a regional IT distributor and services provider, has forecast better first-half performance, citing higher margin product sales and strong contributions from China and Malaysia. The company yesterday reported a 34.8 per cent rise in net profit to $5.9 million
        69 words
      • 59 2 GENERAL practitioners will play a bigger role in healthcare as the authorities move to help them manage patients with chronic diseases. From next year, participating GPs will be able to treat means-tested elderly patients with chronic diseases at a subsidised rate under
        59 words
      • 68 2 THE Youth Olympic Games village will be ready by February 2010 four to five months ahead of schedule, thanks to the government giving the project "green lane" status. This means that there will be plenty of time for fitting out and
        68 words
      • 65 2 HONG KONG'S stock exchange is poised to allow foreign companies to list in the city through depository receipts as the bourse attempts to boost its international competitiveness. The move is expected within weeks, according to the exchange's chairman Ronald Arculli,
        65 words
      • 56 2 BHARTI Airtel's overtures towards South African telco MTN Group, which could lead to India's biggest foreign takeover, are a sign that big Indian firms are hungry for deals and undaunted by a global credit crisis that has dented merger and acquisition (M&A) activity
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  • Page 2 Advertisements
    • 139 2 II rh carousel Champagne Dvv LtROT ili Brunch Best of both worlds as you savour our sumptuous spread CAROUSEL. FOR SERIOUS FOOD LOVERS. |T t and enjoy free flow of champagne, house wines and beers. A Indulge in your passion for food at Carousel Singapore's only B A Available on
      139 words
  • Page 2 Miscellaneous

  • THE RAFFLES CONVERSATION
    • 2109 3 Candour in a bottle extremely chilled Carlsberg CEO Jorgen Buhl Rasmussen tells RAHUL PATHAK how his company emerged stronger from a messy takeover battle and discusses the challenges of changing mindsets in a 160-year-old corporate giant WITHIN a fortnight of taking over as the president and chief executive of Carlsberg
      2,109 words
  • Page 3 Advertisements
    • 97 3 Raffles 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 the highest
      97 words

  • COMPANY NEWS
    • 398 4  -  KALPANA RASHIWALA By OVERSEAS Union Enterprise (OUE) has reported a 69.2 per cent or $53.1 million year-on-year drop in first-quarter group net earnings to $23.7 million, in the absence of a revaluation surplus on investment properties. The group, controlled by Indonesia's Lippo
      FILE PHOTO  -  398 words
    • 479 4  -  EMILYN YAP Group looks to grow other business segments; second-quarter net earnings fall 9.8% Reports by THE property segment was the key profit driver for Fraser Neave (F&N) in the first half of its financial year. But that may change
      FILE PHOTO  -  479 words
    • 324 4 THE impact of the cyclone in Myanmar may have struck nearer to home than most think, as it hit Asia Pacific Breweries' (APB) operations in Yangon. News that the group's operations there had been affected by the cyclone emerged yesterday at APB's results
      324 words
    • 486 4  -  YEN SREENIVASAN By SINGAPORE Airport Terminal Services (SATS) is paying out record dividends after announcing a 76.8 per cent rise in fourth-quarter profit to $48.1 million, which boosted full-year net earnings by 9.4 per cent to $194.9 per cent. The Singapore Airlines subsidiary announced
      486 words
    • 596 4  -  R SIVANITHY STOCKS MANY blue chips have had a great run over the past four or five weeks. But now that the reporting season has started and the figures streaming in aren't that great, maybe it's time to
      596 words
    • 188 4 Q1 results ended March 2008 CURRENT PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG 1 STXPO 285.03 60.12 374.1 2251.73 1008.46 123.3 2 OUE 23.67 76.81 -69.2 42.94 39.73 8.1 3 China Aviation 12.49 7.81 60.0 1387.65 757.24 83.3 4 YHS 9.50 3.86 145.9 106.17 114.17 -7.0 5
      188 words
    • 280 4  -  KALPANA RASHIWALA By ASCENDAS Real Estate Investment Trust (A-Reit) has emerged as the buyer of Creative Technology's headquarters building at 31 International Business Park in Jurong East. The price will be $246.8 million. Creative said in March that it had agreed
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    • 457 5  -  OH BOON PING It forecasts better H1 performance on higher margin product sales By ECS Holdings, a regional information technology (IT) distributor and services provider, has forecast better first-half performance, citing higher margin product sales and strong contributions from China and Malaysia. The company
      457 words
    • 195 5 Bloomberg [HONG KONG] STX Pan Ocean Co, South Korea's largest shipping line for iron ore and coal, said it plans to invest an additional US$29O miUion this year to buy eight bulk carriers on rising demand for moving commodities. The spending on
      Bloomberg  -  195 words
    • 317 5 DBS Bank is making available its self-service banking channels for donations from the public to help the hundreds of thousands of victims of Cyclone Nargis in Myanmar. From yesterday, DBS and POSB customers can contribute to "Red Cross Myanmar Cyclone" fund from any of
      317 words
    • 369 5  -  SARA LIM By YANLORD Land Group, a highend real estate developer based in China, yesterday announced a more than trebling in net profit to $9.3 million for its first quarter ended March 31. The rise in earnings from $2.9 million for the corresponding
      369 words
    • COMPANY BRIEFS
      • 90 5 REYPHON Agriceutical's chief executive officer, Ren Xinhua, and chief technology officer, Li Jianke, both resigned yesterday. The China-based maker of plant hormones said they had left for personal reasons. It has appointed executive director Lin Yongbin as president of the company to replace Mr
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      • 58 5 KXD Digital Entertainment issued a profit warning, saying that its first-quarter financial results "are expected to decrease significantly as a result of unfavourable market conditions", including the loss of several major customers, "huge foreign exchange losses" due to the fall of the US
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      • 28 5 AUSGROUP said it has secured a As 24 million (Ss3l million) contract to install site facilities at a new mine development in Western Australia.
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      • 44 5 HERSING Corp is proposing a one-for-one bonus issue of up to 294.7 million new shares. The bonus issue is subject to the approval of the Singapore Exchange as well as shareholders at an extraordinary general meeting to be convened.
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      • 85 5 SINGAPORE Food Industries (SFI) has been commissioned to provide consultancy services to sei up a food factory plant in Abu Dhabi, UAE. The consultancy services are divided into two phases. The first phase (contract value of US$5 million) is t( provide subject matter expertise
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  • Page 5 Advertisements
    • 11 5 CATS Recruit The first step on ill your ladder to success <
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    • 620 5 the METROPOLITAN TOP MUSEUM OF ART STORE J^rMn Jewelry With A Heritage 1 ..-'"rr Cranberry Glass and Grape I' >-\ ;^O! ;Il§lll| Leaf Jewelry Collection ■LjW :$S(| Arts and Crafts designer Hazel Blake p -^f^-1 V'V>" -'jjßmial French (American, 1890 1972] E 4 -:;~P r '|^iS|' harbored a lifelong fascination
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  • PERSONAL INVESTMENT
    • 987 6  -  CHOW PENN NEE Offshore Marine Sector Citigroup Research, May 8 TRANSOCEAN'S solid Ql 2008 results: Ql 2008 profit after tax and minority interest (Patmi) more than doubled y-o-y to US$l,lB9 million from US$553 million in Ql 2007, but Ql 2007 results exclude contribution from the GlobalSantaFe acquisition which
      987 words
    • BT SHARE INFORMATION SERVICE
      • 769 6 Trans Date Shareholder/ Director Sell Conv Shares "000 Price Per Shr S Before Cooo) After (■000) itock <-ReitAsia 8-May-08 K-Reit Asia Invest Pte Ltd Buy *****9 na ***** 40.27 *****2 43.00 'ermasteelisa Pac 8-May-08 Permasteelisa S.p.A *Buy 673 na *****0 95.31 *****3 95.53 Dermasteelisa Pac 8-May-08 Josef
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      • 134 6 COMPANY MEETING PLACE DATE TIME Global Ariel E Copthorne Orchid Hotel Singapore 214 Dunearn Road Singapore *****6 13-May 9.00am Vashion Grp A 27 Woodlands Industrial Park E1 Hiangkie Industrial Building #03-08 Singapore *****8 15-May 2.30pm HLN Tech E 18 Cross Street 8th Floor Marsh McLennan Centre Singapore *****3
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    • 882 6  -  PAUL J LIM -NYT A growing school of thought says the bourse is just acting rationally By INVESTORS entered the year sure of one thing that the US economy was bound for recession, or at least for a severe downturn. And based on that assumption,
      -NYT; AFP  -  882 words
  • Page 6 Advertisements
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  • EMERGING ENTERPRISE 2008
    • 1355 7 Scrawl Studios aims to be world-class developer of content with a global appeal. SARA LIM reports A SMALL outfit with a big dream the phrase exemplifies the spirit of home-grown animation content provider Scrawl Studios. The creative boutique, which has a staff strength of
      ARTHUR LEE  -  1,355 words
    • 975 7 LIM WEN JUIN finds out about Sparkfury's holistic approach to creative communications THE thing that intrigues most people when they enter the office of Sparkfury Creative Consultants at the Bestway Building in Prince Edward Road is being asked politely to take off their
      975 words

  • SINGAPORE NEWS
    • 417 8  -  CHEN HUIFEN Scheme will cover diabetes, hypertension and lipid disorders By GENERAL practitioners (GPs) will play a bigger role in health care as the authorities move to help them manage patients with chronic diseases. From next year, participating GPs will
      417 words
    • 436 8  -  LEE U-WEN By I SINGAPORE'S oldest business school will have a new chief next month. Economics and management professor Bernard Yeung has been appointed dean of the National University of Singapore Business School. The Hong Kong-born Canadian, 54, is now wrapping
      436 words
    • 218 8 HEALTH officials and researchers from Asia-Pacific have finalised a regional plan to combat dengue, following a five-day meeting in Singapore, which concluded yesterday. Some 75 World Health Organisation (WHO) observers identified key programme areas for the plan. These include surveillance, integrated vector management,
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    • 445 8  -  MICHELLE QUAH BY SINGAPORE'S Subordinate Courts are looking into fast-tracking the handling of motor accident claims, by concurrently managing civil personal injury claims arising from traffic accidents where there are related criminal proceedings. The Sub Courts found, from a 2007 study, that almost one-fifth
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    • 258 8 CLOSE to 80,000 seats have been sold for the Singapore Grand Prix since tickets were released in mid-February. A total of 96,000 tickets have been put up for sale. Of these, 83,000 are three-day walkabout and grandstand passes. The remaining 13,000 are for
      258 words
    • 591 9  -  LEE U-WEN It will be 4-5 months ahead of schedule because of 'green lane' status By THE Youth Olympics Games (YOG) village will be ready by February 2010 four to five months ahead of schedule, thanks to the government giving the project
      591 words
    • 592 9  -  CONRAD TAN By THE recent spike in food prices is part of a "normal" business cycle in commodities rather than a sign of an impending crisis, said a research head at major food and agricultural business lender Rabobank yesterday. Thomas Bauer, regional
      592 words
    • 396 9  -  CHEW XIANG This comes after Libya's govt realises its generosity can't stand in the long run By in Tripoli WHEN Libyans marry, they get from the government a flat worth about US$lOO,OOO. Petrol is 15 US cents a litre and education
      396 words
    • 371 9  -  NISHA RAMCHANDANI By ASIA'S economic prospects look positive despite the financial turmoil in the United States, says Minister for Trade and Industry Lim Hng Kiang, and Singapore is also expected to keep its economy competitive with a four-pronged game plan. Speaking at the
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  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • FOCUS: COMMODITIES
    • 881 10 NYT Panic in global food markets eased but markets are still volatile [HONG KONG] After months of startling increases, the prices of rice, wheat, soya beans and several other foods have come down recently, a development that could ease some of the panic
      NYT; AP  -  881 words
    • 435 10 ■AP [HOUSTON] Even as oil prices ascended to new highs of more than US$l25 a barrel this week, many oil and gas industry executives say they expect the price to fall significantly by year's end, a new survey shows. Of 372 petroleum industry
      ■AP  -  435 words
    • 8367 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.943/ Star Europe Bond 1.194/ Star Europe Bal 1.171/ Star Asian Tiger Eqty 1.36/ Star Asia Bond 1.186/ Star Asia Balanced 0.969/ Star Global Technology Fund!" 0.198/ Multi St Fd 0.815/ Star Asia Bond(USD) 0.862/ Gib Multi St USD
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  • MALAYSIA
    • 651 11 ADCB acquired the stake from EPF at RM7.20 per share or RM3.B7b [KUALA LUMPUR] Abu Dhabi Commercial Bank's (ADCB) acquisition of a stake in RHB Capital Bhd is positive for RHB Capital as it can potentially grow its banking franchise
      651 words
    • 422 11 Bloomberg Templeton, Pimco and State Street lead foreign investors [KUALA LUMPUR] Malaysian bonds are attracting a record amount of foreign investment as rising prices for the nation's fuel and food exports swell its surplus and send the ringgit to the highest in a decade. Franklin
      Bloomberg  -  422 words
    • 2260 11 lay 9 RM C000) ASM Realty 0.63 \bric Bhd 0.18 advance Synergy 0.12 Adventa Bhd 1.32 AeMuIti Hldgs 0.23 Win Holdings 2.04 Ahmad Zaki Resou 0.96 Aic Corp 0.50 \irasia Bhd 1.20 Akn Technology 0.52 alliance Financi 3.16 aluminium Co 1.03 Amalgamated Ind 0.49 tamb Hldgs Bhd 3.84
      2,260 words
    • BRIEFLY ASIA
      • 59 11 Bloomberg [SHANGHAI] China is preparing to allow margin trading and short selling, Shang Fulin, chairman of the China Securities Regulatory Commission, said on Thursday without providing a timeline. China, the world's fastest-growing major economy, wants to introduce more financial tools to allow investors
        – Bloomberg  -  59 words
      • 52 11 Bloomberg [BEIJING] China's producer-price inflation accelerated at the fastest pace in more than three years on rising energy, commodity and labour costs. Factory-gate prices rose 8.1 per cent in April from a year earlier, the National Bureau of Statistics said yesterday, after gaining 8 per cent
        Bloomberg  -  52 words
      • 70 11 -AP [KUALA LUMPUR] Malaysian opposition leader Karpal Singh faced a police probe for alleged sedition yesterday after he was accused of insulting a state sultan. The chairman of the Democratic Action Party sparked an uproar when he claimed earlier this week that Sultan Azlan Shah,
        -AP  -  70 words
      • 54 11 -AFP [NEW DELHI] India's annual inflation rate rose marginally to a near four-year high at 7.61 per cent on the back of rising food prices, official data released yesterday showed. The government immediately announced prices were stabilising and would soon come down after
        -AFP  -  54 words
      • 70 11 Bloomberg [KOCHI] India, the world's second-biggest rice producer after China, may partly ease a ban on overseas sales of rice as the country is set to harvest a bumper crop, said commerce secretary G X Pillai. India's rice output in the year
        Bloomberg  -  70 words
  • Page 11 Advertisements
    • 1357 11 Svenska Handelsbanken (Incorporated in Sweden) www.handelsbanken.com Singapore Branch: 65 Chulia Street #21-01/04 OCBC Centre Singapore *****3 Telephone: 65-6532 3800 Telex: RS ***** SMBSIN Telefax: 65-6534-4909 Swift Address: HAND SG SG Balance Sheet 31 December Income Statement GROUP GROUP SEKm 2007 2006 SEKm 2007 2006 I ASSETS Interest income NoteP3 46
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  • GREATER CHINA
    • 561 12  -  JANE MOIR Bourse targets Russian, Kazakh firms as it tries to boost competitiveness By in Hong Kong HONG Kong's stock exchange is poised to allow foreign companies to list in the city through depository receipts as the bourse attempts to boost its international
      561 words
    • 8758 12 Transaction date: May 9 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Day Last Quote Div Gr Yld |h Low Buyer Seller C'vr Net P/E M Cap Smil Hi. Coi S716 1st Software i 28.S 8.S S834 A-Sonic 110 100 6389 ABFSGBondETF 30 12 1938 AEICorp
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    • 428 12 Reuters CIC chief says it will not act as a hedge fund [SHANGHAI] Global economic instability has created huge investment opportunities for China Investment Corp (CIC), but the sovereign wealth fund will be careful not to destabilise countries where it operates, its head
      – Reuters  -  428 words

  • INDIA
    • 514 13 Reuters M&A activity fuelled by strong balance sheets and easy access to capital [MUMBAI] Bharti Airtel's overtures towards South African telco MTN Group, which could lead to India's biggest foreign takeover, are a sign that big Indian firms are hungry for deals and
      Reuters  -  514 words
    • SGX
      • 57 13 VOLUME Oceanus 73,421,000 ChinaEnerqy 66,065,000 Golden Agri 39,467,000 Sing Tel 37,863,000 Celestial 37,250,000 Jade Tech 35,528,000 Mercator 33,310,000 Noble Grp 28,986,000 Anwell 28,026,000 China Hongxinq 25,976,000 Clob VALUE Sing Tel 139,523,912 SGX 104,233,164 DBS Grp 90,675,331 Keppel Corp 84,792,748 Noble Grp 77,945,410 OCBCBk 70,481,435 UOB 69,008,380 Capita
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      • 105 13 CLOSE UP GLD 10US$ 8776 221.7 1.9 ir India Nift' 10 1696 17.0 1.0 Jardine C&C 1708 14.0 0.8 Furama 299 11.0 3.8 Great Eastern 1800 10.0 0.6 Haw Par Cor| 729 9.0 1.3 NobleGri iMBLeCW*****5 29 8.5 41.5 B Sembawan 951 8.0 0.8 Delon 360 8.0 2.3 HsuFuChi
        105 words
      • 113 13 CLOSE DOWN JMH 3378 -52.0 -1.1 China H 10US$ 1756 -46.5 -1.9 UOB MBL JCW*****0 708 -38.0 -5.1 Cit> 1152 -30.0 -2.5 SGX 872 -27.0 -3.0 STXPO KW100 353 -21.0 -5.6 BMT 1880 -20.0 -1.1 SGXMBL iCW*****0 301 -19.0 -5.9 Sino-Env 187 -16.0 -7.9 Ascendasreit 250 -14.0 -5.3 BY
        113 words
    • 90 13 Up Down Unch 7 8 2 Up Down Unch OOP Up Down Unch 7 8 2 lulti Ind lanufacturing 43 91 60 17 52 98 77 Commerce "pt/Stor/Comms 11 17 10 12 19 10 :inance 18 20 Construction 10 14 '121 24 24 lotels/Rsts iervices 23 27
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    • 123 13 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 34.533 34.533 128.279 128.279 Manufacture 476.082 43.557 519.639 381.854 4.202 386.056 Commerce 85.603 81.707 167.310 127.154 18.753 145.907 Tpt/Stor/Comms 117.444 188 117.632 282.009 36 282.046 Finance 40.382 1.871 42.253 348.557 357 348.914 Construction 30.753 18.408
      123 words
    • 44 13 Stock name Close Change Stock name Close Change CapitaLand 6.500 -0.080 Olam 2.900 +0.040 Jev" .OS CO .orp =ngg irp =ngg ieni >eml .orp >eml TaT iing Jan line EaT >pel _orp ieverage ipel .am Imar ,rp 'angzijiang raf7l Ton
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    • 1529 13 BONDS WARRANTS rel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left 1756 Asiatic Grp (H) Ltd W*****2 9 1.5 105 1 3 -4 1.39 28 1804Capitaland MBL ECW*****2 6.5 -1 590 0.3 673 1 1305Capitaland MBL ECW*****3 19.5 -1 8644 0.3 683
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    • 2188 13 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
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    • 68 13 52-Wk Tel Last Vol f'nn Day Last Quote Div GrYld Net MCap 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF 3977.9 3013.7 6010 STI ETF IOPV
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    • 71 13 Wk Tel Low Code Last Sale Vol Cooo] lay L Low Bui .a st yer )uote Seller Div C'vr Net P/E Cap imil Hii Corn] ian< Hii 136.6 61.9 6000 AVJennings.. 21.5 5.5 6134 Over&Gen 60.5 17.5 6017 StarCruises... 320 199 6019 TanChonglnt ...A70.8xri ...A10.5 US20.5 HK235 unch
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  • ASIA-PACIFIC/WORLD
    • 552 14 Reuters, Bloomberg FSC approves 8 of 12 applications, losers include Citigroup [SEOUL] Standard Chartered received a preliminary nod yesterday to launch local brokerage operations in South Korea as the country allowed several new players into the fast-growing sector for the first time in five
      Reuters, Bloomberg  -  552 words
    • 339 14  -  ANTHONY ROWLEY By. in Tokyo TOKYO stock prices ran into a "reality check" yesterday as the market digested news that Toyota is likely to suffer a near-30 per cent slide in full-year net profit. The grim news from the bellwether company raised fears
      339 words
    • 642 14 Bloomberg LATEST US DATA [NEW YORK] The US trade deficit narrowed more than forecast in March as imports dropped by the most in more than six years, reflecting the economic slowdown. The gap shrank to US$5B.2 billion, the lowest this year, from a revised US$6l.7
      Bloomberg; AFP  -  642 words
    • 458 14 Bloomberg Intensive farming may result in lower productivity in future [BANGKOK] Kamolsak Thongta was working at a garage in northern Thailand when rice prices began to soar. So he quit his job, found a plot of unused land and became
      Bloomberg; REUTERS  -  458 words
    • 371 14 ■AP [ATLANTIC CITY] One or more of the three Trump casinos could be sold if the right deal presents itself, the company said on Thursday. Mark Juliano, chief executive officer of Trump Entertainment Resorts Inc, said the gambling company
      ■AP  -  371 words
  • Page 14 Advertisements

  • WORLD
    • 663 15 NYT They have pledged over USslt but firms are unlikely to seek credit lines en masse [NEW YORK] When times were sunny, banks promised scores of companies money for a rainy day. Now that day is here and the banks, hard pressed
      NYT  -  663 words
    • Article, Illustration
      64 15 Reuters, AP [BUCHAREST]A woman seen through blue balloons here yesterday during celebrations marking Romania's Independence Day, European Union's Day and World War Two Victory Day. In Russia, troops marched through Moscow's Red Square in the annual Victory Day parade, with heavy weaponry including tanks and missiles rolling through
      Reuters, AP; REUTERS  -  64 words
    • 580 15 -LAT It will keep 500,000 homeowners from foreclosure [WASHINGTON] The House on Thursday passed the most sweeping government plan yet to shore up the troubled housing market and help people struggling to pay their mortgages, adopting legislation that would underwrite USS3OO billion in
      -LAT  -  580 words
    • 602 15 Bloomberg, NYT [NEW YORK] American International Group (AIG) will seek to raise US$l2.5 billion to shore up its finances after two straight record losses, adding to speculation that Martin Sullivan may be the next chief executive officer to lose his job
      Bloomberg, NYT  -  602 words
    • 352 15 Bloomberg Some penalties top USslom in auctionrate bond market [NEW YORK] Taxpayers from Massachusetts to California are paying Wall Street banks to end derivative contracts gone bad as they exit the collapsing auc-tion-rate bond market, with penalties in some cases topping
      – Bloomberg  -  352 words
    • 423 15 Reuters [MOUNTAIN VIEW, California] It's official: the guys who founded Google are grown up. That was the pronouncement on Thursday from Google chief executive Eric Schmidt, who was hired in 2001 to provide mature, traditional business savvy to the Internet search company
      ■ Reuters; AFP  -  423 words

  • MOTORING
    • 492 16  -  SAMUEL EE F1 WATCH Ferrari is on a roll with two successive 1-2 wins, but the Flying Finn refuses to get overconfident By SO THE smart money is on Ferrari for tomorrow's Turkish Grand Prix which, like Singapore, is one of only
      492 words
    • 598 16 The 125 i Coupe is an entry model with all the classic BMW qualities, reports SAMUEL EE GOOD things come in small packages. Great things, it seems, can come in a compact little shape like the BMW 1251 Coupe. The German luxury carmaker introduced its diminutive
      598 words
    • 253 16  -  SAMUEL EE THE arrival of the BMW 1 Series in Singapore brings with it four variants and some rather confusing numbers. The entry-level version is a five-door hatchback called the 118 i at $116,800, followed by a three-door hatch the 130 i at $149,800.
      253 words
    • 546 16  -  SAMUEL EE By IMAGINE your Lamborghini Gallardo without two-and-a-half of your supermodel girlfriends on board. Not that it's actually possible for the two-seater sports car to take so many passengers but rather, to illustrate the weight advantage the Lamborghini Gallardo Superleggera has over a normal Gallardo
      ARTHUR LEE  -  546 words

  • GOLF
    • 1554 17 Two pros from the tour's 12 members talk to JUSTINE MOSS about their experiences, hopes and goals THAILAND may be the top golfing nation in South-east Asia, but there's also plenty of professional golf talent to be found further south. Across the Causeway,
      ASIAN TOUR  -  1,554 words
  • Page 17 Advertisements
    • 721 17 0d hor 2 FIND THE ONES PH RTUTHATFIT! hrf Recruit the right people f*} through CATS Recruit. I——v C^Hr 3 C Call 1800 289 8822 or email T"~ I recruit@sph.com.sg \f\ f~^J to advertise. )'s XfiT^ by V/*> RECRUIT \_y"v f Wine&dine with weekendBT MezeBar Dinner: Sunday to Wednesday:$48.00++ per
      721 words
  • Page 17 Miscellaneous
    • 355 17 CRYPTIC CROSSWORD 1 I |2 I [3 I [4 I |5 I [6 IV wM wM wM wM wM I I I BB BB^BB BB BB I v~ ACROSS 6 she has no right to leave I Speak evasively about pri- scene of Hamlet (5) vate care (11) 7 shorten
      355 words

  • WELLNESS
    • 1422 18  -  Kerstin Florian A big part of an exceptional spa experience is the quality of the products. CHEAH UI-HOON checks out which treatments in town feature the latest luxurious and healthful creams, scrubs and oils for that special Mother's Day treat at Willow Stream Spa AS
      JOHN HENG  -  1,422 words
  • Page 18 Advertisements
    • 34 18 pg/ where dreams become REALITY (y O JT^ Call Us: 6749 1119 6473 1119 p u v c d ho c i a < Porsche Caynan AML #02-1 6/1 7/1 8 356A/V/W ALEXANDRA RD «!'n.manl!
      34 words

  • SHOPPING
    • 760 19 Fritz Hansen isn't just a 'furniture company' but a lifestyle and luxury goods company, its CEO tells CHEAH UI-HOON ALL over the world, people are buying into the "Scandinavian lifestyle". This is how Danish furniture company Fritz Hansen sees it. Lifestyle and the Scandinavian
      760 words
    • 232 19 ARNE Jacobsen's Egg chair is arguably the most famous piece of furniture in Fritz Hansen's collection. The Egg chair was originally designed by Mr Jacobsen for the SAS Royal Hotel in Copenhagen in 1958. "It was Jacobsen's interpretation of the classic wing armchair. But he
      232 words
    • 607 19  -  CHEAH UI-HOON By IN 1934, two Canali brothers founded a tailoring workshop dedicated to menswear. Their children built up the brand, and now the third generation is putting Canali on the Asian fashion map. The focus continues to be fine menswear fully made
      607 words

  • TRAVEL
    • 1212 20 Resplendently preserved with little thatched houses, it is testament to the might and influence of the Shogun here, says SIMON TAN TO SAY that you've been to Japan simply because you've been to Tokyo is like saying you know everything about sushi because you
      SIMON TAN  -  1,212 words

  • THE BUSINESS TIMES weekend
    • 1108 21  -  GEOFFREY EU There are certain gadgets that chefs simply can't do without in their kitchen. They rely on these high-technology aids to churn out their culinary masterpieces. BT Weekend checks out some of them By BLUE CANOPY PHOTO BY M HEN Janice m Wong was a student at
      JOHN HENG  -  1,108 words
    • 601 21  -  CHEAH UI-HOON By COOKING at home isn't the same as in a restaurant where you're surrounded with professional cookware which celebrity chef Curtis Stone knows first-hand, thanks to his hit show Take Home Chef. "The mother usually has a three-month old baby in her arms, and
      601 words
    • 330 21  -  CHEAH UI-HOON By LIKE Illy and Lavazza, there's another coffee company that has created a machine designed to work only with its own brand of coffee. Enter Nespresso one of Nestles "billionaire brands" which has made its official entrance in Singapore despite being around for 20
      330 words
  • Page 21 Miscellaneous

  • Page 22 Advertisements
    • 280 22 *y~Sf§ KRISFLYERi <^ M W^ X INTERNATIONAL SPRINT r- -I- 1 > ||g^jP|j[||[||jl||fy^|M[]|^ I SINGAPORE KHNfiMMHHH lIMHkIMHi lEfl F Ck'' AIH ru R F r f n v the actio n Bj ii I |\/[S ISt Prize: $1 000 Cash A pair of Singapore Airlines QH 18 SUPerSpOrtS m BkiTJ^l
      280 words