The Business Times, 19 May 2008

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    24 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Monday, May 19,2008
    24 words
  • Article, Illustration
    Lock icon Retailers expect more belt tightening at this year's GSS
    692 1  -  SARA LIM By [SINGAPORE] As Singaporeans tighten their belts amid higher inflation and concerns about a slowing economy, mass and mid-market brands are expecting to do better than their luxury counterparts in this year's Great Singapore Sale. "With a less vibrant
    ARTHUR LEE  -  692 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      54 1 Weekly 3,241.49 hange +79.46 iT Index I COMP 1,300.67 +15.40 MKKEI 225 14,219.48 +564.14 IANG SENG 25,618.86 +555.69 ;et INDEX 870.33 +23.62 JAKARTA COMP 2,468.84 +93.81 1ANILA COMP 2,879.95 +100.53 ;eoulcomp 1,8888.88 +65.18 ;henzhenb 556.78 -5.18 IUMBAI IND 17,434.94 +697.87 )OW 12,986.80 +240.92 IASDAQ 2,528.85 +83.33 ;&P 500 1,425.35
      54 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.790 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.72 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 IS$ (S$ per US$) 1.371 JUS: i/s: per£) 1.949 2.672 :URO (US$/S$/E) 1.549 2.125 'EN 104.30 76.00 3.244 2.365 IK$ 7.801 5.688 !AHT 32.37 23.60 lUPIAH 9,290 6,774 lENMINBI 6.988 5.095 INDIAN RUPEE 42.81 31.21 1.057 0.771 IZ$ 1.307 0.953
      41 words
  • Article
    Lock icon Profiteering adds to construction woes
    964 1  -  ARTHUR SIM As costs of materials rise, some suppliers default on earlier contracts to make more By/ [SINGAPORE] The last thing the construction industry needs now is another roadblock. But with the cost of materials and shortages soaring, the opportunity to inflate prices is too
    964 words
  • Page 1 Advertisements
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      3 1 8 *****1 *****4
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      100 1 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT PRIVATE BUSINESS CLIENTS Connecting Asia's issuers K global investors. ternational Bond House, id-Cap Equity House Best Debt House* A'Passion to Perform. Deutsche Bank I^U For more information: www.db.com. "Asia: Finance Asia Achievement Awards 2005-2007,2007 Euromoney Awards for Excellence 2006-2007. This advertisement has
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  • Page 1 Miscellaneous
    • Miscellaneous
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      47 1 VIEWS FROM THE TOP DINING OUT jjU J3U| J BizlT W How family-friendly -J[ Gourmet Samsung expects big jump are businesses? «fr vegetarian pursuits in Spore printing business v > PAGES 10& 11 N-"- J PAGE 13 /<C PAGE3O -^^N"^^. Q1 EARNINGS How the sectors perform PAGE 5
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  • TOP STORIES
    • Article, Illustration
      Lock icon S'pore healthcare pointers for US: Nobel laureate
      717 2  -  CHEN HUIFEN US chemistry genius praises Republic's healthcare mgt and education schemes By [SINGAPORE] Even as Singapore is taking pointers from the United States in carving its own healthcare research and education programmes, one observer says that America has much to learn from
      717 words
    • Article, Illustration
      Lock icon Enjoy the sea without boat-owning hassles
      754 2  -  VINCENT WEE A range of charter vessels are available in a growing market By' [SINGAPORE] While some may have been tempted by the marine leisure lifestyle at the recent Boat Asia show to buy their own boat, others may be more hesitant. Often, the
      754 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Precision engineering firms diversify client base
        51 2 GROWTH in the manufacturing sector may have nose-dived to 0.2 per cent in the last quarter of 2007, but Singapore's precision engineering industry is rapidly diversifying its client base and moving into research and development activities to retain its competitive edge. TOP STORIES, PAGE
        51 words
      • Article
        Lock icon Pre-sold projects to sustain property developers
        66 2 PROPERTY developers were mostly hit by slower residential sales in their first quarter results, and for some, they also suffered a lack of fair value gains in investment properties. But even as the residential segment undergoes a correction this year, analysts do not foresee
        66 words
      • Article
        Lock icon Above-average Q1 profit rise for marine sector companies
        57 2 THE first quarter has been a good one for most of the marine sector companies with above-average profit rises for those in the transport side of the business in particular. Rig builders however saw patchy results mainly due to the lumpy nature
        57 words
      • Article
        Lock icon Slower earnings growth for China companies
        52 2 WHILE Singapore-listed Chinese firms are expected to see a rosier picture for the rest of this fiscal year after a seasonally weak January-March quarter, analysts think that their growth is unlikely to match the spectacular double-digit or triple-digit growth seen last year. COMPANY NEWS,
        52 words
      • Article
        Lock icon Sub-prime-like 'bubble' worries US farm lenders
        38 2 WITH US crop prices soaring to historic levels, times are seemingly good for grain farmers and agribusiness firms. So why are lenders worried about the US farm economy? ECONOMY WATCH, PAGE 14
        38 words
      • Article
        Lock icon Iskandar project may displace Malays from Johor: Mahathir
        59 2 WEALTHY Singaporean investors may force ethnic Malays from a Malaysian state being touted as a key economic zone, former premier Mahathir Mohamad has warned. Dr Mahathir said that the RM17.7 billion (557.5 billion) Iskandar Malaysia project was aimed at luring Singaporean investors
        59 words
      • Article
        Lock icon Bharti and MTN may seal merger: report
        58 2 MERGER talks between India's biggest mobile phone services firm, Bharti Airtel, and South Africa's flagship MTN Group could be wound up over the weekend, a report said on Saturday. Bharti and MTN were putting finishing touches to a funding structure for the proposed
        58 words
      • Article
        Lock icon Number of City jobseekers hits 3½-year peak in April
        74 2 MORE people were looking for work last month in London's financial services industry than at any other time in the last three-and-a-half years as companies cut jobs and lowered salaries, according to UK recruitment consultant Morgan McKinley. About 11,840 people were
        74 words
    • Article, Illustration
      Lock icon Precision engg firms in R&D push
      739 4  -  SARA LIM Analysts upbeat on industry's outlook as wider client base, R&D boost growth Reports by [SINGAPORE] Growth in the manufacturing sector may have nose-dived to 0.2 per cent in the last quarter of 2007, but Singapore's precision engineering industry is rapidly diversifying its
      FILE PHOTO  -  739 words
    • Article
      Lock icon S'pore precision engineering sector still a major draw
      473 4 [SINGAPORE] Singapore's precision engineering sector has drawn two "first-of-its-kind" investments one from US multinational Form Factor and the other from Swiss-based Heptagon. In the largest precision engineering investment for 2007, Califor-nia-based Form Factor committed US$2OO million to build a 300,000 square foot
      473 words
  • Page 2 Advertisements
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      7 2 HsiairlSß: aSCTiHiHaaSlaSiSBia I *A ■BBS SSSSS SS
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      42 2 LIFESTYLE HOME. I C ill 15,100 ll,OOOsqft. IT inteUlgence I interior. Gym/ Suana/Heated lap pool/ Jacuzzi. Mins to Holland village/MRT East Sussex llEill] WtßltßW BUILD YOUR DREAM HOME 15,000 to 30,000sqft Jervois Hill YOU FANCY .WE PEUVER!!! STEPH ONG 98^7 4777 1
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  • Page 3 Advertisements
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      129 3 mf^ v^^m Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase. Past performance is not a guide to future performance. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may
      129 words
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      1018 4 Financial Report 2007 Consolidated Balance Sheet at 31 December 2007 Consolidated Income Statement 2007 CHF million 2007 2006 CHF million 2007 2006 2005 Assets Continuing Operations Cash and balances with central banks 18,793 3,495 Interest income 109,112 87,401 59,286 Due from banks 60,907 50,426 Interest expense (103,775) (80,880) (49,758) Cash
      1,018 words
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      218 4 DISCOVER SECRETS HOW ORDINARY PEOPLE [WITH NOj^P^RIENCE EARN $10^00 MONTHLY Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed C r\ "WUhin 3 months, f\ "With no prior "leameds3B,oooin 4% "learnedslo,ooo jjLl
      218 words
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      24 4 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES Xl
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  • COMPANY NEWS
    • Article
      Lock icon Pre-sold projects lend support as developers undergo correction
      722 5  -  LYNETTE KHOO PROPERTY Greater blow from weaker sales will be felt only over next few years: analysts By PROPERTY developers were mostly hit by slower residential sales in their first quarter results, and for some, they also suffered a lack of fair
      722 words
    • Article, Illustration
      Lock icon Above-average Q1 profit rise for most companies
      857 5  -  VINCENT WEE MARINE But rig builders see patchy results with lumpy nature of jobs By' THE first quarter has been a good one for most of the marine sector companies with above-average profit rises for those in the transport side of the business
      FILE PHOTO  -  857 words
    • Article
      Lock icon Total Q1 net profit at 3 local banks down 2%
      385 5  -  CHOW PENN NEE BANKING By TURMOIL in the financial markets took its toll on the earnings of the three local banks in the first quarter. All reported lower year-on-year non-interest income due to trading losses or lower investment income. This
      385 words
    • Article
      Lock icon Catalist: A catalyst for an exodus to the mainboard?
      717 5  -  R SIVANITHY EXACTLY six months after the Singapore Exchange unveiled Catalist, a listing platform driven by sponsors that has replaced Sesdaq as the local market's second board, anecdotal evidence has it that currently-listed Catalist companies are now scrambling to find ways
      717 words
    • Article
      Lock icon Q1 score
      89 5 BfTjl As at Friday, 322 SGX-listed companies had released their financial results for the first quarter ended March 2008. They recorded a combined 557,973.9 m in group profits. he breakdown is as follows Jo with profits 278 No with losses I losses to profits 14 I profits to
      89 words
    • Article
      Lock icon Earnings growth seen easing this fiscal year
      623 5  -  LYNETTE KHOO S-SHARES It is likely to be single-digit after seasonally weak Q1 By WHILE Singapore-listed Chinese firms are expected to see a rosier picture for the rest of this fiscal year after a seasonally weak Janu-ary-March quarter, analysts think that their growth
      623 words
    • SINGAPORE MARKETS
      • Article, Illustration
        Lock icon Cautious optimism helps boost portfolios
        1572 6  -  TEH HOOI LING THE financial markets the world over seem to have stabilised, but there is still no consensus as to whether the worst is over. Chief among the concerns now are inflation, the ever climbing oil prices, and the overall impact of these on
        1,572 words
      • Article, Illustration
        Lock icon Trading continues to be flat but buyback activity rises
        1179 6  -  ROBERT HALILI INSIDE MARKETS Fund manager sentiment was neutral with seven posting 18 acquisitions versus the same number with 22 sales By TRADING was flat among directors and substantial shareholders based on filings on the Singapore Exchange from May 12 to
        1,179 words
      • Article
        Lock icon Q1 results ended March 2008
        2967 7 NOTES: Net Profit refers to profit attributable to equity holders. Trust REITS: Net profit is income available for distribution and turnover is gross revenue. CapitaßChina Trust: The Group's results for Q1 2008 include the consolidated results of Xizhimen Mall, from Feb 5, 2008 and the
        2,967 words
      • Article, Illustration
        Lock icon Markets keep the momentum going
        685 8  -  R SIVANITHY STOCKS LAST week's column asked the question as to whether the worst is over and the conclusion was that although credit conditions must have improved, economic fundamentals have not at least not yet. Markets though, have chosen to ignore bad and indifferent news
        685 words
      • Article
        Lock icon Record-breaking oil prices race higher
        152 8 AFP COMMODITIES [LONDON] Oil prices scaled fresh record heights last week, climbing past US$l27 per barrel as the market was energised by tight supplies and a weak US currency, traders said. The price of oil soared to a record high of U*****.82 per barrel on
        AFP  -  152 words
      • Article
        Lock icon DIVIDENDS ANNOUNCED
        2082 8 'aymeni (cts) Ex date Books close Pay date iTelecom Intl bn 0.123 06-Ma) 08-Ma) 22-M; iBR Hldgs ak 0.500 07-May 09-May 28-May action Asia ak 0.500 06-May 08-May 20-May idami ak 0.700 05-Ma) 07-Ma) 23-M; bh 0.550 05-May 07-May 23-May advance SCT ak 1.000 06-Ma) 08-Ma) 23-M; ,EI
        2,082 words
      • Article
        Lock icon BROKERS' RECOMMENDATIONS
        1791 8 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name tdvance SCT 2.50 2.50 2 7.15 4.76 0.50 0.34 llco Comm REIT 2.25 2.25 5.49 15.12 1.08 0.83 Ik reen Pror. erties 2.45 2.10
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      • Article, Illustration
        Lock icon STRAITS TIMES INDEX
        4 8 WEEKLY
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      • Article
        Lock icon OTHER SINGAPORE INDICES
        52 8 CLOSE BT OB/OS -5.00 -34.00 BT CADI -*****.00+106.0 BT 10-day MA -*****.00 FTSE ST Mid Cap 824.99 +3.11 FTSE ST Small Cap 690.15 +4.72 FTSE ST All Share 828.16 +7.24 FTSE ST China 499.34 +0.87 UOB Catalist 155.18 +1.42 SiMSCI 398.25 +3.86 SiMSCI Future 397.40 +4.00 PrimePartnersCI
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      • Article
        Lock icon MOST ACTIVE STOCKS
        59 8 VOLUME Golden Agri 242,160,000 Oceanus 146,177,000 China Honqxinq 134,458,000 Sing Tel 114,719,000 CoscoCorpMEßeCWoBo9lB 109,761,000 CoscoCorpDßeCWoBo929 109,491,000 SunVic 104,655,000 Celestial 102,268,000 Mercator 100,195,000 Cosco Corp 90,712,000 VALUE(S) Keppel Corp 686,922,821 DBS Grp 459,945,717 Sing Tel 427,665,914 Cosco Corp 314,353,510 Capita Land 308,882,464 UOB 295,882,619 OCBC Bk 262,488,073 Golden
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      • Article
        Lock icon RISES
        103 8 BY CENTS CLOSE UP 3560 249.5 5.4 JMH Cor| 1180 110.0 10.3 JSH 1898 106.9 4.3 MBUCW*****0 415 103.0 33.0 MBLJCW*****3 505 93.0 22.6 China H 10US$ 1823 91.9 3.8 SIA 200 1626 80.0 5.2 S I A 1630 76.0 4.9 NOL 408 62.0 17.9 iBS Gr| 2048 50.0
        103 words
      • Article
        Lock icon FALLS
        115 8 DBSBk6% NCPS 10 BY CENTS CLOSE DOWN *****-170.0 -1.5 >r India Ni 10 1620 -76.0 -4.5 GLD 10US$ 8734 -57.6 -0.5 SGX MBL JCW*****3 384 -39.0 -9.2 UOB 2028 -28.0 -1.4 ientini CBBeCW*****4 0.5 -24.0 -98.0 Yanlord 246 -17.0 -6.5 IS MSCI India 100 756 -15.1 -1.4 ComfortDelGro 165
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      • Article
        Lock icon CURRENCIES
        83 8 Where S$ stands May 16 %CHNG CLOSE FRMay15 YR2008 S$ LOW S$ HIGH USS 1.3710 0.63 1.4542 1.3457 Euro 2.1213 0.84 2.2064 2.0474 Pounds 2.6726 0.52 2.8431 2.6568 AS 1.2966 -0.50 1.3235 1.2349 Yen* 1.3097 0.30 1.4484 1.2832 Rupiah* 0.***** 0.52 0.***** 0.***** Baht* 4.2472 0.32 4.4299 4.2350 Peso*
        83 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Sichuan quake medical aid package delivered
      376 9  -  OH BOON PING Singapore Red Cross sends more than 260,000 rice sticks from Dalian factory By THE Singapore government has delivered the first batch of a US$2OO,OOO package to aid the victims of the Sichuan earthquake, said the Ministry of Foreign Affairs. In a
      376 words
    • Article
      Lock icon New film a big boost for plastic electronics sector
      345 9  -  CHEN HUIFEN By A GROUP of researchers from A*Star's Institute of Materials Research and Engineering (IMRE) has come up with a breakthrough film that has the potential to jump-start the plastic electronics industry in Singapore. The newly patented technology is said
      345 words
    • Article, Illustration
      Lock icon Consumers demanding better service: survey
      673 9  -  OH BOON PING By A MAJORITY of consumers here have quit doing business with at least one company in the past year due to poor service, a survey shows. The latest Accenture Survey on Customer Service Standards also found that half of the consumers surveyed
      : Accent li re  -  673 words
    • Article
      Lock icon STOCKS ASIA
      2730 9 Transaction date: May 16 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day IONG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade
      2,730 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 9 Cai .and 6.800 +0.09I Cai iMall 3.670 +0.07I Cit' 12.000 +0.30I Cosco Con 3.560 +0.05I DBS Gri 20.480 +0.42I FSN 5.000 +0.010 Gent Intl 0.580 +0.005 HKLand 4.870 +0.010 JSH 18.980 +0.180 Jardine CSC 17.320 +0.160 Kei Con 11.800 +0.300 Kej Land 5.870 +0.110 NOL 4.080
      111 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      106 9 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 10 5 3 0 0 0 10 5 3 Manufacturini 89 105 43 15 15 17 104 120 60 Commerce 36 27 20 42 34 25 21 11 10 25 11 Finance 13
      106 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 9 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 179.220 179.220 860.920 860.920 Manufacturini 1.861.124 248.687 2.109.811 1.547.678 19.238 1.566.916 Commerce 327.183 163.842 491.025 381.469 39.194 420.663 ]t/Stor/Comms 577.345 4.969 582.314 1.482.163 1.128 1.483.291 Finance 144.026 1.365 145.391 1.334.913 282 1.335.195 Construction 179.080 167.022
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon WORK-LIFE BALANCE
      3609 10 THIS WEEK'S TOPIC: Are businesses doing enough to be family-friendly? What more needs to be done? MINDSET SHIFT Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd (Also, Chairman of National Family Council) IT is evident that more can be done by businesses to be pro-family, and that
      STOCKXPERT  -  3,609 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Harking back to a simpler time
      453 12 PROMOTION Legends Garden The Legends, Fort Canning Park 11 Canning Walk Tel: 6333-9979 WHAT is it about nostalgia that makes something, especially food, appealing? Perhaps it reminds one of a time when things were simpler and more straightforward. Legends Garden is appealing to the
      453 words
    • Article, Illustration
      Lock icon Turning vegetarian for ethical reasons
      704 13  -  JAIME EE POWER Lunch By WHO says vegetarians get the short end of the stick when it comes to dining choices? Not Joseph Bismark, founding director of Q Lifestyle, a travel and leisure services company. The well-travelled Filipino-born Mr Bismark enjoys a wide variety of
      ARTHUR LEE  -  704 words
    • Article, Illustration
      Lock icon Refreshing change from the expected
      674 13  -  Jaime Ec GUEST CHEF Gordon Grill Goodwood Park Hotel Tel: 6737-7411 Until May 24 LIVING in the mountains must do things to you. All that fresh air, beautiful scenery, give or take 50,000 tourists blocking your view of Montblanc during key winter and summer seasons
      674 words
  • Page 12 Advertisements
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      233 12 m --^r« I copy from any 1 IPI Spinelli outlet at 11 $5.50 and get a IW K^^| complimentary T^m Spin or Latte! PULSES OUT NOW! The May issue of Pulses is out! Why do several Singaporean entrepreneurs sell the companies that they had successfully built from scratch? When is
      233 words
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  • Page 13 Advertisements
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      24 13 dining OUT with citibank Brought to you by citibank B^ji Jfii i§~,jfi Your Citibank guide to gourmet pleasures this week I 1 fl |x
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      28 13 Please refer to citibank.com.sg for full details. Indulge in over 700 gourmet pleasures with your Citibank credit card. For more gourmet treats, visit: citibank.com.sg Mobile Gourmet I^JI citibank.com.sg/singapore/gpmobile
      28 words
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  • ECONOMY WATCH
    • Article
      Lock icon More analysts sanguine about US economy
      676 14 -AFP They cite strength of recent data, but others caution against reading too much into it [WASHINGTON] A growing number of analysts are expressing confidence that the worst may be over for the US economy, even if it struggles for some time due to
      -AFP  -  676 words
    • Article, Illustration
      Lock icon Sub-prime-like 'bubble' worries US farm lenders
      794 14 Reuters Biofuels could prick speculative farm bubble, they fear [CHICAGO] With US crop prices soaring to historic levels, times are seemingly good for grain farmers and agribusiness firms. So why are lenders worried about the US farm economy? Despite the trappings of a "golden
      – Reuters; REUTERS  -  794 words
    • Article
      Lock icon Libor anticipated changes lead to sharp rate rises
      404 14  -  NEIL BEHRMANN By in London US and European interest rates jumped last week on fears of inflation and concerns that there would be a change in the calculation of London Interbank Offered Rates (Libor). The British Bankers Association (BBA) meets at the
      404 words
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      82 14 AFTE& A BUSS DAY EnjOY UD to I J |T fi J a Simply Her kuiM i .^*j. l I mm I iN™iTwiu. ES i l^iFv^KHara)-', A ml ■•r'^V^PT^'^^H A covered! w tl I V [DITCH EVERTING ELSE!] SUPEloflß'^''" I'-'-^li^H V,^M H||||irm|||o|||i||i» /ffPPfrv' serums Hi=r.= o BPWpWWlffPfi'MtTv'Wraiß Local information, 7
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Are dividends always good?
      1050 15 Shareholders could be better off if excess cash could be used in other ways to enhance value, writes JASON LOW V ITH the bears coming m out to play for the past few months, investors have increasingly been looking out for safe harbours to put their
      1,050 words
    • Article, Illustration
      Lock icon The rock-and-roll investor
      835 15 CAMPUS LIFE Student investor Lee Xin Hong picks stocks by drawing inspiration from value investment philosophy and his favourite pastime music, writes JAMIE LEE AS A STUDENT in Victoria Junior College, Lee Kin Hong wanted to be a musician and practised his guitar fervently in hopes of
      JOHN HENG  -  835 words
    • Article
      Lock icon Be smart with your finances
      204 15 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 15 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • THE BUSINESS OF ART
    • Article, Illustration
      Lock icon Modern art fetches record prices
      1432 16 -NYT Artworks auctioned at Christie's, Sotheby's set precedent in art market history with huge takings over a week [NEW YORK] The joint financial triumph enjoyed by the two giants dominating the international auction scene that concluded sales of contemporary art this past week has no
      -NYT; AFP, REUTERS  -  1,432 words
    • Article
      Lock icon When in the red in Paris, visiting 'auntie' might help
      860 16 LAT [PARIS] In between the trendy decoration shops and smart cafes in the Marais quarter, there is old "auntie". That would be Credit Municipal of Paris, the pawnshop owned and operated by this city since 1777 where Auguste Rodin put
      LAT  -  860 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Abdullah may yet do a Houdini
      734 17 Reuters A lot rests on how strong he is and how fast he moves to consolidate party [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi is under intense pressure from his own ranks and an Opposition trying to seize power through defections, but he
      Reuters; __J AFP  -  734 words
    • Article
      Lock icon Malaysia-US FTA talks to resume in July
      236 17 -AFP [KUALA LUMPUR] Malaysia will resume talks with the United States on a free trade deal in July, but has taken the sensitive sectors of government procurement and competition off the agenda, state media said. Malaysian Trade Minister Muhyiddin Yassin made the announcement
      -AFP  -  236 words
    • Article
      Lock icon Iskandar project may displace Malays from Johor: Dr M
      212 17 -AFP [KUALA LUMPUR] Wealthy Singaporean investors may force ethnic Malays from a Malaysian state being touted as a key economic zone, former premier Mahathir Mohamad has warned. Malaysia launched an ambitious project in 2006 to transform the idyllic southern Johor state
      -AFP  -  212 words
    • Article
      Lock icon Malaysia, Indonesia to settle dispute internally
      111 17 -AFP [KUALA LUMPUR] Malaysia and Indonesia will settle a thorny dispute about an oil and gas-rich area of Borneo themselves rather than refer it to the International Court of Justice, a report said yesterday. Malaysian Foreign Minister Rais Yatim said that the two sides
      -AFP  -  111 words
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      38 17 ui-. ■■^ot "j tT trO/ L» I^T w trj /St /57 i£?f I o More Ssf/7 Anniversary Celebration activities await. Read Lianhe Zaobao or visit www.zaobao.com/ZBPromo For news to be delivered to your doorstep, please call: 6388 3838.
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Ma pledges to lead Taiwan into new era
      609 18 AFP His 2 big challenges mending China ties, and reviving the economy [TAIPEI] Taiwan's Ma Ying-jeou takes the presidential oath of office tomorrow pledging to lead the island into a new era, but faces the difficult tasks of mending fractured ties with
      AFP  -  609 words
    • Article
      Lock icon PRIME LENDING RATES
      395 18 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America
      395 words
    • Article
      Lock icon Pact on cross-strait weekend flights
      157 18 Reuters [TAIPEI] A high-ranking Taiwan official will sign a weekend charter flight agreement with China next month, marking the latest breakthrough in cross-strait ties, the Economic Daily reported yesterday. Chiang Ping-Kun, incoming chairman of Taiwan's Straits Exchange Foundation, is set to visit his counterpart Chen
      – Reuters  -  157 words
    • Article
      Lock icon Three days of national mourning from today
      143 18 I AP [BEICHUAN, China] China declared three days of national mourning for earthquake victims and ordered a suspension of the Olympic torch relay, as the search for survivors of the disaster grew bleak yesterday. The State Council, China's Cabinet, said the mourning period
      I AP  -  143 words
    • Article, Illustration
      Lock icon Aftershock hinders rescue efforts
      699 18 -AFP AFTER THE QUAKE Some 5m survivors in danger of disease, flood [JIANGYOU, China] A powerful aftershock rattled China's south-west early yesterday, hampering frantic efforts to find earthquake survivors and help nearly five million people facing the risk of disease and flood. The 6.0-magnitude tremor shook
      -AFP; AFP  -  699 words
    • Article, Illustration
      Lock icon Volunteers rush in but skilled rescuers lacking
      449 18 Reuters [DUJIANGYAN] The hairdryers, brushes and shampoo Lang Guanghong unloads from the back of his van each morning aren't standard disaster relief tools. The 22-year-old hairstylist wanted to help when his hometown was hit by China's deadliest earthquake in decades, which officials say
      Reuters; AFP  -  449 words
    • Article
      Lock icon Agriculture output in disaster area badly hit
      336 18 Bloomberg [BEIJING] China's deadliest earthquake in 32 years has caused "severe" damage to agricultural production in the nation's third-most populous province of Sichuan, the Ministry of Agriculture said. The 7.9 magnitude earthquake that struck on May 12 damaged the region's irrigation facilities and
      Bloomberg  -  336 words
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  • INDIA
    • Article, Illustration
      Lock icon Bharti, MTN may seal merger
      501 19 -AFP But deal seen hitting regulatory hurdles over foreign ownership of Bharti [NEW DELHI] Merger talks between India's biggest mobile phone services firm, Bharti Airtel, and South Africa's flagship MTN Group could be wound up over the weekend, a report said last Saturday. Bharti and
      -AFP; BLOOMBERG  -  501 words
    • Article
      Lock icon Rajasthan to expel illegal Bangladeshis
      336 19 -AP [JAIPUR, India] The government of the western Indian state of Rajasthan is moving to expel illegal Bangladeshi migrant workers after a series of bomb blasts killed 61 people, a high-ranking official said. While government officials haven't named any suspects in Tuesday's blasts in the
      -AP  -  336 words
    • Article
      Lock icon Independent Indian film makers aim for Cannes glory
      509 19 Bernama [CANNES] The big guns of the Indian movie industry may be preparing for a bull run on the sidelines of the prestigious Cannes Film Festival, but independent filmmakers are also raring to cash in on the opportunity for marketing abroad, the
      Bernama  -  509 words
    • Article
      Lock icon HSBC to acquire Indian broker
      349 19 Reuters [MUMBAI] HSBC said last Saturday that it will acquire 73.21 per cent of Indian brokerage IL&FS Investsmart in an all-cash deal for US$26l million to boost its presence in the growing domestic market. Foreign banks and companies have been queuing up to open shop
      Reuters  -  349 words
    • Article, Illustration
      Lock icon Magazine industry thriving on foreign momentum
      870 19 Reuters But rising number of players may lead to media glut: consultant [MUMBAI] When Conde Nast launched its premium lifestyle magazine Vogue in India last year, it carried a whopping 168 pages of advertisements of a total 400 pages. Now, the publisher is preparing
      Reuters; REUTERS  -  870 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Westpac braces for rival offer in St George bid
      613 20 Reuters Speculation of another bank starting a bidding war intensifying [SYDNEY] Westpac Banking Corp Ltd, which has bid US$l7.6 billion for St George Bank in the biggest banking takeover ever in Australia, is bracing for rival offers to emerge that could
      Reuters; REUTERS  -  613 words
    • Article
      Lock icon Rice losing place on Asian plates
      715 20 Reuters ANALYSIS More eating meat, dairy as incomes go up in China, India [BEIJING/NEW DELHI] Rice prices have surged this year for many reasons, but unlike most other commodities, fast-growing Chinese and Indian demand isn't one of them. With incomes rising in two countries
      Reuters  -  715 words
    • Article, Illustration
      Lock icon After grilling, Thai PM hangs up TV cook pots
      235 20 -AFP [BANGKOK] Thailand's premier and occasional TV chef Samak Sundaravej said yesterday he would temporarily stop appearing on two cooking shows after complaints that his culinary moonlighting was unlawful. Food-loving Mr Samak regularly appears on two local cooking shows, whipping up
      -AFP  -  235 words
    • Article, Illustration
      Lock icon US property set to recover in H2: Deutsche CEO
      380 20 Reuters [ZURICH] The end of the credit crisis is getting closer and the US real estate market should recover in the second half of the year, Deutsche Bank chief executive Josef Ackermann said. "I think that we are getting closer to
      Reuters; AFP FILE PHOTO  -  380 words
    • Article
      Lock icon British Land in talks to sell building to KIA, says report
      266 20 Reuters [LONDON] British Land Co pic is in talks to sell the Willis Building in London to the Kuwait Investment Authority (KIA) for as much as £400 million (Ssl.l billion), the Financial Times reported at the weekend. A sale
      ■ Reuters  -  266 words
    • Article
      Lock icon Glaxo's new chief executive faces tough job
      411 20 Reuters [LONDON] Andrew Witty, who takes over as chief executive of GlaxoSmithKline pic on May 22 in the year's biggest scheduled British corporate handover, faces a daunting task. A safety scare over diabetes drug Avandia plus generic competition means the world's second-larg-est drugs
      Reuters  -  411 words
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  • WORLD
    • Article
      Lock icon Number of City jobseekers hits 3½-year peak in April
      454 21 Bloomberg Average time taken to get new job rises to 57 days from 50 days a year ago [LONDON] More people were looking for work last month in London's financial services industry than at any other time in the last three-and-a-half
      – Bloomberg  -  454 words
    • Article, Illustration
      Lock icon Sex and the City movie a juicy mode for marketers
      778 21 Reuters Corporations hope fans will covet products seen in film [NEW YORK] From Manolo Blahnik high heels to designer dresses, the materialism of the characters in television's Sex and the City has made the movie version a marketing dream that
      – Reuters; AP  -  778 words
    • Article
      Lock icon Sub-prime hangover lingers over US banks
      712 21 Reuters ANALYSIS Earnings results show woes may extend beyond Q2 [NEW YORK] Financial firms that had hoped to swallow their sub-prime mortgage pain and move on are finding the hangover is lasting longer than expected. Bonds of banks and insurers that have been crushed
      Reuters  -  712 words
    • Article, Illustration
      Lock icon Climate change big threat to black truffle
      568 21 Reuters [PARIS] The black truffle, one of the most exclusive and expensive delicacies on the planet, is under threat from climate change. A mysterious species of underground fungi with reported aphrodisiac and therapeutic properties, the aromatic truffles are also highly fragile and cannot
      – Reuters; REUTERS  -  568 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon US plans auction of NY air slots
      939 22 NYT Airlines against move, saying it's an unlawful taking, and an operations tax [WASHINGTON] To hold down ticket prices and ease airplane congestion over metropolitan New York, the Bush administration on Friday proposed to auction landing slots at two major airports, Kennedy and
      NYT; BLOOMBERG  -  939 words
    • Article
      Lock icon Goldman axed from S Korean shipyard sale
      265 22 -AFP [SEOUL] United States investment bank Goldman Sachs has been axed as coordinator for the sale of South Korea's Daewoo Shipbuilding and Marine Engineering, the world's third largest shipyard, a creditor bank said yesterday. The state-run Korea Development Bank gave no reason for
      -AFP  -  265 words
    • Article
      Lock icon SIA, MAS to terminate shuttle service agreement
      263 22  -  OH BOON PING By [SINGAPORE] Singapore Airlines is terminating its shuttle service agreement with Malaysia Airlines (MAS) with effect from June 1. The agreement provided for the carriers to agree on a common fare to charge customers who turn up at the airport
      263 words
    • Article
      Lock icon India aviation sector growing 30%: minister
      423 22  -  SIDDHARTH SRIVASTAVA It needs USssob in investments over next 10 years in New Delhi THE Indian aviation industry is growing at a hectic pace and is in need of billions in investment over the decade, the Indian government said. Federal civil aviation minister Praful
      423 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2456 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,456 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      404 22 CRYPTIC CROSSWORD ACROSS n i F I [j I a I I 5 I [7 [8 1 Nick van? (5,5) _JKL_ 6 Work shop usefully (4) Hi 9 City reviewed long leases H iH H H 1H (3,7) |BB 10 Flexible figure backing one \^m i^m mm endlessly (4) IBL_BB_jßM___Bß__BßL_j^B__^B__
      404 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9041 23 Week ended: May 16 Hii »-wks Tel Low Code Com| Sale ('OOP) Hi i Low B'u; Seller C'vr P/E $mil 5716 IstSuftware 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sunic 110 100 6389 ABFSGBundETF 30 12 1938 AEI Curp 24.5 7.5 1100 AEM 42 19.5 2101 APOil 141
      9,041 words
    • Article
      Lock icon SGX XTRANET
      77 23 52-Wk Tel High Low Code Last Sale Vol ('000) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Jl!i 200 116 6065 Diamonds US200xd 240 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500
      77 words
    • Article
      Lock icon SGX CATALIST
      2089 23 52-Wk Tel High Low Code Last Sale Vol C000] Week Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hii 30 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5
      2,089 words
    • Article
      Lock icon CLOB INTERNATIONAL
      264 23 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
      264 words
  • Page 23 Advertisements
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      41 23 I 'KSrf^JK^gwtoS1 ikJimlL Hb^^^^^B^ IN EXCELLENT SHAPE le maitre de I'horlogerie depuis 1875 \a sKSB^';-:'gmSJl' "^C i^n^^^^^^^. Sole Distributor Service Centre: AUDEMARSPJGUET (SINGAPORE) PRIVATE LIMITED jH 341 River Valley Road #01-01 Singapore *****2 TeT:'623B 6678 Fax: 6238 6676 "Jt""' Internet: Http://www.audemarspiguet.com
      41 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change May 16 World Index Preliminary 1079.8 0.0 -4.6 -0.4 -7.1 0.3 -2.. t EAFE Preliminai 1040.7 0.5 -7.1 0.3 -7.3 1.0 -2.I Euro[ Prelim inan 1429.8 0.5 -7.4 0.3 -8.4 1.0 -3.7
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 24 As at 9am May 16 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2850 1.3000 an dollar 1.3640 1.3810 Euro 2.1110 2.1340 NZ dollar 1.0390 1.0620 terlinc nd_ 2.6600 2.6900 US dollar 1.3660 1.3810 Local dollars to 100 units of foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      156 24 May 16 $S_ Otter Overnight 1/4 1-month 13/16 2-months 1 1/4 3-months 1 5/16 Overnight mode: 1/2 US$ Offer 1/8 1 1/16 1 1/8 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.45 2.60 2.75 2.85 3.00 3.15
      156 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 24 May 16 STI ilMSCI Ma' 394.3 398.9 397.4 "aiwan Ma' 354.4 357.5 356.1 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 24 May 16 Bid Offer 1-month 1.3687 1.3699 2-months 1.3671 1.3684 3-months 1.3657 1.3671 6-months 1.3611 1.3626 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 24 May 16 Against SS Zurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.2963 1.2974 0.9456 0.9457 Canadian dollar 1.3694 1.3705 0.9989 0.9990 :uro 2.1237 2.1255 1.5491 1.5493 IZ dollar 1.0486 1.0501 0.7649 0.7654 jterlini 2.6713 2.6734 1.9486 1.9487 IS
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      353 24 May 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.305 97.235 96.990 96.830 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Jun08 99.150 99.150 Sep08 99.100 99.100 Dec08 99.000 99.015B Mar09 98.915 98.935 Jun09 98.855B Sep09 98.805B Dec09 Mar10 99.150
      353 words
    • Article
      Lock icon SICOM FUTURES
      291 24 May 16 nUDDEK futures (Closing prices] RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 420.75 418.00 415.50 413.75 411.00 412.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      291 words
    • Article
      Lock icon CHICAGO BOT
      101 24 May 16 >,000 bu min; US cents/60 lb bushels) Close Previous High/Low lul 08 1378.00 1347.50 1402.00 1366.00 *ug 08 1377.25 1347.00 1395.00 1366.00 Sep 08 1359.25 1328.00 1369.00 1348.00 Mov 08 1349.25 1319.25 1366.00 1336.00 SOYBEAN/OIL [60,000 lbs;Uscent/lb) Close Previous High/Low lul 08 61.85 60.03 62.40 61.38
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      74 24 CRUDE OIL PRODUCTS May 15 CRUDE (FOB origin) USS/barrel Close Chanc Brent blend (1-Mth F) 124.86 1.88 WTI(NearMth) 123.99 -0.3 Dubai (1-Mth F) 118.82 -0.65 Tapis blend 128.85 -0.35 Minas 126.2 -0.3 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 110.50 162.00 -0.57 -0.5 USS/barrel Opec Oil Basket Price
      74 words
    • Article
      Lock icon INTERBANK CROSS RATES
      446 24 May 16 Australia 0.947 6.608 0.610 7.377 40.479 87.846 0.986 9.837 3.068 1.236 64.753 40.431 1.297 7.152 0.995 28.989 30.606 0.485 0.946 Canada 1.056 6.980 0.645 7.792 42.760 92.798 1.041 10.392 3.241 1.306 68.403 42.710 1.370 7.555 1.051 30.623 32.331 0.513 0.999 China 0.151 0.143 0.092 1.116
      446 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 24 May 16 inCM3UI\1 DILLS Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****F 14.08.08 1-Year BY*****N 04.05.09 0.90 1.03 0.86 0.8 0.8 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year
      90 words
    • Article
      Lock icon PRECIOUS METALS
      175 24 May 16 GOLD (USS/oz) May 15 May 16 GOLD BULLION COINS (SS) Sellinc Hong Kong 865.30 881.60 866.30 882.60 May 16 May IS London 904.30 886.20 905.30 887.40 Source: Reuters (SS) Selling Buying 1 oz 1358.9 1222 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $476.15 391 SILVER
      175 words
    • Article
      Lock icon SIBOR
      78 24 May 16 (US$) (SS) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      78 words
    • Article
      Lock icon PALM OIL
      61 24 May 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low May 08 Jun 08 3508 Jul 08 3505 Aug 08 3500 Total o/p: ***** contracts 3500 3566 3566 3499 3567 3567 3500 3570 3570 3500 Turnover: 6505 lots
      61 words
    • Article
      Lock icon LONDON METALS
      69 24 May 161 iri iiuiii, yy.i (USS/tonne) Close Previous Cash 2996.20 2965.20 3 months 3040.00 3010.00 Copper, Grade A (USS/tonne) Cash 3 months 8566.00 8439.00 8418.00 8296.00 Lead (USS/tonne) Cash 3 months 2331.50 2342.00 2260.50 2276.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      81 24 May is (£/tonne) Close Prev Hii ih/Low Jul 08 1467 1441 1469/1439 Sep 08 1419 1391 1420/1392 Dec 08 1399 1373 1400/1384 Mar 09 1375 1347 1376/1355 COFFEE (USS/tonne) Close Pev High/Low May 08 2260 2225 Jul 08 2280 2245 2289/2244 Sep 08 2263 2234 2272/2235 Nov 08 2244
      81 words
    • Article
      Lock icon BONDS & WARRANTS
      2948 24 BONDS WARRANTS [el lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 4 -0.5 53 1 87 172 8.38 27 »92 Asia Environment W*****4 12 -3.5 30 1 38 14 3.67 15 S816 #Asiasons Capital Ltd W*****7 4.5
      2,948 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      2921 25 The Business Times Shipping Times M KPI SEQ 3SE 11 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R V ■%J£S&gSSatSSSI C|«MMQm» |j!jl|| l%r" ~"*V. -■>-.■ ■>■ TEL *****588 (HLINES) FAX:*****163 1 __F_.^ "^TCTIrT^^TCV ■graffifXj IJJK&UJJj I Y\\M > lAlllN HAI INrN Customer Service/Bookings Direct Une (1800) *****200 BMMH^HMIM^KrcHfj^^^M BBQBe3iSß*tE*se]jJß I V V
      2,921 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3376 26 RICKMERS-LINIE \\~k~\ EASTERN CAR LINER. LTD If§ £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Et 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I iimci/iv cvnnrcc caii imp cnucniii c USA Service I H WbbKLY bXrnboo oAILINu oUnbUULb Sl^r, I&I»W I MT I IZ I JA"
      3,376 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      2957 27 JWI Hl3 H H IB MBM^MMr zosh^w, #2 ,-ZSS;S If& glory navigation gbowl K^SPBiißHWlfßßiiPliliHii MMI Hi north west express line ®,£*m%k<*% «ws*a MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [lilts AtE aHIVaL Halts SINCE 1970 ■j^ffi I VESSEL I VOY Singapore Freinontle Cocos Island Christmas Island Pasir Gudang OWNS OPERATES
      2,957 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      3218 28 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 SINDesl/nName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      3,218 words
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  • BizIT
    • Article, Illustration
      Lock icon SAP posts 31 % Q1 growth in APJ region
      899 29 SAP posts 31 Q1 growth in APJ region Region has become global growth engine for firm, reports AMIT ROY CHOUDHURY GERMAN software giant SAP AG's Asia Pacific unit, which includes Japan, remained the company's fastest growing region for yet another three-month period ending March 31. In the 2008 fiscal first
      FILE PHOTO  -  899 words
    • Article, Illustration
      Lock icon SingTel goes on pay TV offensive
      676 29  -  WINSTON CHAI By' SINGAPORE Telecommunications is going on an is-land-wide charm offensive in an attempt to get more Singaporeans to hook up to its fledgling pay TV service. Besides the usual mix of road shows and in-store promotions, the company is even going door-to-door
      FILE PHOTO  -  676 words
    • <what's up>
      • Article
        Lock icon Euro football on StarHub's mobile broadband
        112 29 THOSE who have signed up for Star Hub's UEFA Euro 2008 football telecast, which kicks off on June 8, can catch the same live football action outdoors on their laptops. Star Hub is making this broadcast available on its Max Mobile mobile broadband service,
        112 words
      • Article
        Lock icon Biz acceleration seminar from Orange
        75 29 FRANCE Telecom unit Orange Business Services and networking firm Riverbed are jointly holding a morning seminar on June 3 at the Marriott Hotel Ballroom. The theme of the event is business acceleration, and there will be presentations on how enterprises can accelerate mission critical applications
        75 words
      • Article
        Lock icon Yellow Pages gets ZapCode
        99 29 THIS September, some 1.4 million households and businesses in Singapore will be receiving Yellow Pages Buying Guides that are filled with thousands of colourful grid-like images called Zap Code. By taking a picture of these images using their mobile phone cameras, users will be able to
        99 words
      • Article
        Lock icon Adobe appoints new regional MD
        45 29 SOFTWARE major Adobe Systems has appointed IT industry veteran Ashley Wearne as its managing director for South-east Asia. Formerly regional vice-president for IT security firm McAfee, Mr Wearne will head the development and growth of Adobe's business in the region.
        45 words
      • Article
        Lock icon Digital concierge soon for mobile phone users
        104 29  -  ONG BOON KIAT LOCAL mobile content firm Cellcity will be launching a free mobile and Web service in June, called Digital Concierge 2Go, which provides shopping and travelling related information. They include maps, shopping and fun guides, weather forecast and flight information. Users
        104 words
    • Article
      Lock icon Encrypt data for added security
      879 29  -  ANG BAN LEONG &lt;you say&gt; By NOTIFYING individuals that their personal data has been compromised is probably one of the toughest tasks a customer-serving organisation will ever face. It is never easy to break this kind of news. Last year, the UK government admitted to
      879 words
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  • Article, Illustration
    Lock icon Samsung eyes 67% jump in S'pore printer revenue
    1011 30 Korean major hopes new services offering will push sales, reports AMIT ROY CHOUDHURY SAMSUNG Electronics sees its printing business in Singapore growing by as much as 67 per cent to US$lO million by the end of this year. The South Korean electronics
    1,011 words
  • <what's new>
    • Article, Illustration
      Lock icon Pint-sized videocam from Creative
      83 30 CREATIVE Technology has announced the $169 Creative Vado Pocket Video Cam, an 84g light video camera that won't weigh down a shirt pocket. It records video at a resolution of 640 by 480 pixels while built-in 2GB memory holds up to two hours of video. Other
      83 words
    • Article
      Lock icon Sony Ericsson launches flip Walkman phone
      79 30 SONY Ericsson has released the W3soi, a compact Walkman music phone that has dedicated touch music keys on the phone's flip cover to let users play, change or pause music tracks when the cover is closed. Weighing a svelte 80g, this triband (900/1800/1900 MHz)
      79 words
    • Article
      Lock icon World's smallest DSLR camera here in June
      63 30 OLYMPUS Imaging Singapore has launched the E-420, touted as the world's thinnest and smallest interchangeable lens digital camera. An upgrade of Olympus' E-410 camera, this Single Lens Reflex (SLR), 10-megapixel camera includes a feature that automatically optimises the exposure of human faces and
      63 words
    • Article
      Lock icon Speedy DVD Rewriter from LG
      76 30 ABLE to record a DVD-length home video in just under 4.5 minutes, the GH22 super-multi DVD Rewriter from LG Electronics is among the fastest in the market today. It also features SecurDisc, a technology which enables users to protect their data using a password, as
      76 words
    • Article, Illustration
      Lock icon New budget HTC PDA phone
      95 30 WINDOWS Mobile-based device maker HTC has launched the P3400i, an entry-level PDA phone and the cheapest in its line-up. It features the Windows Mobile 6 Professional operating system, 2.8-inch screen, 2-megapixel camera and quadband connectivity (850/900/1800/1900 MHz). It lacks 3G but mimics the more expensive
      95 words
  • Article
    Lock icon US April game sales jump 47% on GTA4
    416 30 Reuters [SAN FRANCISCO] US sales of video game hardware and software rose 47 per cent from a year earlier, as Take-Two Interactive Software Inc's "Grand Theft Auto 4" and Nintendo Co Ltd's Wii console stole the show. The popularity of "Grand Theft
    – Reuters  -  416 words
  • Article, Illustration
    Lock icon The next steps in security technology development
    874 30  -  ONG BOON KIAT By SECURITY products that observe and then act on how people behave will be the next frontier in security technology development, said Arthur W. Coviello Jr, president of security solutions provider RSA. "The concept of a thinking machine, which started
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