The Business Times, 21 May 2008

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Total Pages: 34
1 34 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Wednesday, May 21,2008
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  • 577 1  -  LYNETTE KHOO Stock up 69% after company secures funds for coal project in Indonesia By [SINGAPORE] Investors flocked to pick up shares of Jade Technologies yesterday sending the beleaguered stock soaring some 69 per cent as news of fresh funds totalling
    : Bloomberg  -  577 words
  • 962 1  -  LEE U-WEN Private education initiative sees campuses sprout here to tap growing pool of Asian students By [SINGAPORE] Singapore's private education pie has become tempting enough to lure several foreign universities to plant their colours here. Just this month, Scotland's 133-year-old Queen
    BT  -  962 words
  • MARKETS DIGEST
    • 29 1 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
      Bloomberg  -  29 words
    • 46 1 uesi lam KL COMP 1,287.43 -13.24 NIKKEI 225 14,160.09 -109.52 HANG SENG 25,169.46 -572.77 SET INDEX 873.82 +3.49 JAKARTA COMP Closed MANILA COMP 2,896.15 +18.69 SEOUL COMP 1,873.15 -12.22 SHENZHENB 539.88 -11.49 MUMBAI IND 17,230.18 -204.76 12N00N EDT Cham DOW 12,826.32 -201.84 NASDAQ 2,483.75 -32.34
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    • 42 1 US$ (S$ per US$) 1.369 (US$/S$ ier 1.955 2.677 EURO (US$/S$/E) 1.559 2.135 YEN 103.80 75.80 RM 3.249 2.372 HK$ 7.801 5.696 BAHT 32.10 23.44 RUPIAH 9,280 6,776 RENMINBI 6.977 5.095 INDIAN RUPEE 42.70 31.18 A$ 1.042 0.761 NZ$ 1.293 0.944
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 53 1 A3BO TOKYO fV i*|^' EXEC MONEY COMPANIES MOTORING Energy equities Thakral: From electronics Sales of toy cars Rain plays I make more sense to real estate soar Qpß^' Spoilsport PAGE 4 WWm IP PAGE 34 PAGE 8 PAGE 30 A^PI 4r^ l Headhunter Kathryn Yap on art and property managing
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 92 2 Abdullah weathers Mahathir storm for now MALAYSIAN Prime Minister Abdullah Ahmad Badawi may have successfully calmed matters in the United Malays National Organisation a day after his predecessor Mahathir Mohamad dramatically resigned from the party saying he would only come back to the party after Mr Abdullah stepped down. Yesterday,
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      • 60 2 SINGAPORE Exchange has partnered Singapore Telecommunications to offer high speed trading which is expected to draw more sophisticated proprietary traders such as hedge funds into the market here. By August, global investors will have ultra-low latency trading access or sub-millisecond access to
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      • 44 2 IN a surprise announcement last night, Thakral Corp said it plans to move away from its principal business of consumer electronics distribution, and move into the real estate industry instead. COMPANY NEWS, PAGE 8
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      • 89 2 PACIFIC Healthcare Holdings plans to extend its reach in Thailand by taking a $15 million stake in Bangkok Mediplex, a specialist centre in the city's downtown area. The move, which is undergoing due diligence, will give Pacific Healthcare a 49 per
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      • 61 2 TRADE and investment flows between Singapore and the Netherlands are set to rise following the official opening of the Dutch Chamber of Commerce here on Monday. "It will provide a new platform for partnerships between Dutch businesses and Dutch and Singapore businesses," visiting Dutch
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      • 80 2 MEDIATORS in the core agriculture and industrial goods negotiations at the World Trade Organisation issued new proposals on Monday, clearing the way for a meeting of ministers to clinch an outline trade deal. The revised proposals trigger a process of further
        80 words
      • 69 2 THE flow of European cash into Indian firms surged more than fourfold last year, far surpassing European Union investments into Chinese companies, estimates from the bloc's Eurostat data agency showed on Monday. Foreign direct investment from the EU into India jumped to
        69 words
      • 63 2 GROWING affluence has resulted in more Singaporeans buying electric-powered toy cars for their children, with sales of such "mini autos" surging each year, according to a distributor here. The toy cars are modelled after real-life models such as the Ferrari Enzo, Mercedes-Benz 300SL, Porsche
        63 words
    • 566 2  -  MICHELLE QUAH ErnstS Young Role of CFO evolving with higher expectations of board, investors By [SINGAPORE] The role of the chief financial officer (CFO) has expanded dramatically in recent years but how many finance executives are properly equipped to handle
      : ErnstS Young  -  566 words
    • 639 2  -  SIOW LI SEN DBS issue of $1.5b preference shares opens new doors By [SINGAPORE] Clifford Lee, DBS Bank head of fixed income, is a happy man. After last week's record sale of DBS Group Holdings' $1.5 billion preference shares, he is now busy talking to
      639 words
    • 396 2  -  ANTHONY ROWLEY Govt panel calls for clearer M&A rules, corporate tax cut By in Tokyo A GOVERNMENT advisory panel yesterday submitted proposals that would make Japan more friendly to foreign investors by improving the transparency of rules on mergers and acquisitions and cutting
      396 words
    • 350 4  -  YEN SREENIVASAN ByV [SINGAPORE] Singapore Airlines saw its very first A3BO flight land in Tokyo yesterday but it literally rained on its parade. As a typhoon hammered Japan, the world's biggest commercial plane was initially forced to land at an airport near the
      AFP  -  350 words
    • 641 4  - Abdullah weathers Mahathir storm for now S JAYASANKARAN Umno MPs back PM, but Mahathir's son stays in party to fight for senior post By in Kuala Lumpur MALAYSIAN Prime Minister Abdullah Ahmad Badawi may have successfully calmed matters in the United Malays National Organisation (Umno) a day after his predecessor
      641 words
  • Page 2 Advertisements
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    • 42 2 "3 FIND THE ONES H H" hTUTHATFIT! h C Recruit the right people l ft through CATS Recruit. Cl" j 3 C Call 1800 289 8822 or email f/ I 1 recruit@sph.com.sg f~~*J to advertise. pj V_S t V/> RECRUIT V/^ j'
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  • Page 2 Miscellaneous



  • COMPANY NEWS
    • 524 5  -  SIOW LI SEN SGX, Sing Tel to head for London to market new service to key players By THE Singapore Exchange has partnered Singapore Telecommunications to offer high speed trading that is expected to draw more sophisticated proprietary traders such as hedge funds to the
      WOO FOOK LEONG/UANHE ZAOBAO  -  524 words
    • 591 5  -  MICHELLE QUAH FACT: The role of the chief financial officer (CFO) has expanded greatly in recent decades. Fiction: All CFOs are necessarily equipped for such a change. Fact: CFOs want to be business partners, not just bookkeepers. Fiction: Participating in the management of business
      591 words
    • 446 8  -  LEE U-WEN Repositioning of its principal business will be subject to shareholders' nod By AFTER years of suffering heavy losses, dealing with growing competition and fighting an uphill battle against rampant piracy, Thakral Corp appears to have finally thrown in
      446 words
    • 274 8 ■Reuters [MUMBAI] India's Bharti Airtel and partner Singapore Telecommunications (Sing Tel) plan to set up a separate company for the acquisition of South Africa's MTN Group the Business Standard paper said yesterday, citing unnamed sources. The special purpose vehicle (SPY) will raise
      ■Reuters  -  274 words
    • 441 8  -  WINSTON CHAI By SOCCER fans thinking about subscribing to SingTel's fledgling pay-TV service for the 2009 UEFA Champions League now have another reason to sign up: besides catching the matches on their home TV, they can watch them on a 3G Nokia
      441 words
    • 371 10  -  CHEN HUIFEN Move will give group 49% stake in specialist centre and in related entity By PACIFIC Healthcare Holdings plans to extend its reach in Thailand by taking a $15 million stake in Bangkok Mediplex, a specialist centre in the city's
      371 words
    • COMPANY BRIEFS
      • 42 10 Bloomberg [SHANGHAI] Shenzhen Development Bank Co, controlled by US buyout firm TPG Inc, said a deal to recover a one billion yuan (Ssl96 million) overdue loan from a unit of Singapore's GuocoLand Ltd is legal.-
        Bloomberg  -  42 words
      • 44 10 APEX-PAL International signed a deal on May 16 with Yotei Sdn Bhd, formerly known as Genki Sushi (Malaysia) Sdn Bhd (Yotei), to buy over the chain of Genki Sushi outlets in Malaysia for RM3.88 million (551.63 million).
        44 words
      • 33 10 SEMBCORP on Monday signed a Memorandum of Understanding with the government of Zhangjiagang City, Jiangsu province, China, to expand the scope of their cooperation in water management.
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      • 21 10 DATAPULSE Technology Limited said net profit for 3Q FYOB fell 44 per cent to $2.6 million.
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    • 255 10  -  LEE U-WEN By RESTAURANT chain operator Tung Lok Restaurants (2000) yesterday reported a 9 per cent increase in revenue to $76 million for fiscal year 2008. But the company's net profit dropped to $683,000 for the year ended March 31, 2008, from $1.2 million
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    • 569 10  -  LYNETTE KHOO By AGAINST the backdrop of uncertainty facing property developers, analysts advocate taking defensive positions in real estate investment trusts (Reits). While there have been concerns about Reits as the credit crunch dried up their acquisition activity in the past six
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  • Page 5 Advertisements
    • 131 5 ORCHARD iSCOTTS RESIDENCES SINGAPORE A GREAT WAY TO LIVE Welcome to Orchard Scotts Residences, A where you'll experience the very best jj services and facilities that only the world's 7 ijG I top resorts can offer. A team of professional service providers is available to take care A of your
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  • SINGAPORE MARKETS
    • 590 6  -  R SIVANITHY STOCKS Banks spearhead the declines, Jade Technologies in the limelight after placement JADE Technologies provided the main excitement in a session that saw widespread weakness following a sudden downturn in Hong Kong and the rest of Asia. No concrete reasons could
      Bloomberg  -  590 words
    • 98 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 9 0 0 0 0 8 9 0 Manufacturing 50 89 57 13 12 63 98 69 Eommerce 18 26 23 20 32 29 )t/Stor/Comms 16 17 19 17 Finance 12 16 13 16 Eonstruction
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    • 119 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 48.410 48.410 142.145 142.145 Manufacturing 346.626 293.340 639.966 384.994 32.858 417.852 Commerce 122.165 89.108 211.273 126.033 23.854 149.886 )t/Stor/Comms 172.242 1.850 174.092 443.380 512 443.891 Finance 38.570 33 38.603 378.826 378.830 Construction 35.944 24.649 60.593 8.689 880 9.569 Properties
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    • 104 6 CapitaLand 6.660 -0.140 CapitaMall 3.600 -0.070 CityDev 11.680 -0.320 Cosco Corp 3.600 4-0.040 DB5 Grp 20.000 -0.480 F&N 4.900 -0.100 Gent Intl 0.570 -0.010 HK Land 4.840 -0.030 I5H 18.200 -0.780 lardineC&C 17.460 4-0.140 Keppel Corp 11.640 -0.160 Keppel Land 5.730 -0.140 NOL 3.950 -0.130 Noble
      104 words
    • Article, Illustration
      927 6  -  CONRAD TAN UNITED Overseas Bank (UOB) delivered the best set of quarterly results overall with earnings growth of 2 per cent y-o-y and 5 per cent q-o-q. OCBC Bank disappointed in terms of overall core earnings (down 10 per cent y-o-y and 8 per cent q-o-q) for the
      Bloomberg  -  927 words
    • 412 6 -AFP CURRENCIES [TOKYO] The dollar lost ground in Asian trade yesterday amid uncertainty about the outlook for the US economy, dealers said. They said that there was little market impact from a decision by the Bank of Japan to leave its interest rates at
      -AFP; REUTERS  -  412 words
    • 4 6 DAILY
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    • 56 6 May 20 VALUE CLOSE -163.00-158.00 BT OB/OS BT CADI -*****.00 -85.00 BT 10-day MA -*****.00 -16.00 FTSE ST Mid Cap 818.98 -6.01 FTSE ST Small Cap 687.26 -2.89 FTSE ST All Share 819.29 -8.87 FTSE ST China 494.13 -5.21 UOB Catalist 156.65 +1.47 SiMSCI 392.84 -5.41 SiMSCI
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    • 60 6 VOLUME Jade Tech 269,910,000 Ocean us 86,657,000 Golden Agri 65,711,000 Abterra 44,520,000 Sing Tel 39,386,000 Yangzijiang 37,687,000 Global Voice 33,833,000 Cosco Corp 27,644,000 CoscoCorpMEßeCWoBo9lB 27,080,000 CoscoCorpDßeCWoBo929 26,131,000 VALUE(S) Sing Tel 145,719,470 DBS Grp 115,580,640 Cosco Corp 100,386,790 UOB 95,510,610 Keppel Corp 91,446,160 OCBC Bk 74,473,840 SGX 69,839,890
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    • 98 6 BY CENTS CLOSE UP 8952 298.4 2.5 GLD 10US$ India Ni 10 1645 25.0 1.5 StraitsAsia 403 23.0 6.1 STXPOKW100 392 21.0 5.7 Jardine C&C 1746 14.0 0.8 Swiber 320 12.0 3.9 lotel Proi 300 11.0 3.8 BMT 1880 10.0 0.5 CIMBAsean40 100US$ 982 9.6 0.7 Ezra 277 9.0
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    • 113 6 CLOSE DOWN 3324-323.1 -6.6 JMH JSH 1820-106.8 -4.1 DBS Bk6% NCPS 10 ***** -70.0 -0.6 ICBCCai i.93%Pref10 ***** -60.0 -0.6 DBS MBLJCW*****0 634 -49.0 -7.2 iBS Gr| 2000 -48.0 -2.3 China H 10US$ 1798 -34.2 -1.4 :\t 1168 -32.0 -2.7 UOBMBLiCW*****0 676 -29.0 -4.1 S I A 1602 -28.0
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    • 83 6 Where S$ stands May 20 CHNG CLOSE FRMay16 YR2008 S$ LOW S$ HIGH USS 1.3670 0.29 1.4542 1.3457 Euro 2.1392 -0.84 2.2064 2.0474 Pounds 2.6806 -0.30 2.8431 2.6568 AS 1.3122 -1.21 1.3235 1.2349 Yen* 1.3163 -0.50 1.4484 1.2832 Rupiah* 0.***** 0.24 0.***** 0.***** Baht* 4.2612 -0.33 4.4299 4.2350 Peso*
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  • Page 7 Advertisements
    • 271 7 Welcome to the Next City Living Right Here at B Rodyk For private viewing, Freehold private abode at Robertson Quay please call >» Next to Singapore River, with an exciting >» 3 spectacular views to choose from: fed I fed I belt of cafe, restaurants, and bars garden, river or
      271 words

  • Page 8 Advertisements
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      791 words

  • SINGAPORE BUSINESS EVENTS AWARDS
    • 684 9  -  N GUNALAN highlights some of the changes made in this year's Singapore Business Events Awards THE Singapore Tourism Board is on the lookout for excellence, creativity and innovation in the business events sector with the official launch of the second edition of the Singapore Business
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    • 646 9 THE recipients of last year's inaugural Singapore Business Events Awards were already winners in their own fields (see full list on the left). That they were eventually chosen pointed to the high standards of excellence attached to the awards and the benchmarks set by
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  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 56 9 Singapore Business Events Awards Winners 2006 AccorAsia General Managers Conference 2006 WINNER: Novotel Clarke Quay Singapore 12th Asian-Australasian Congress of Anaesthesiologists WINNER: Singapore Society of Anaesthesiologists Food&HotelAsia2oo6 WINNER: Singapore Exhibition Services WINNER: Suntec Singapore WINNER: Kingsmen Exhibits Pte Ltd Joint Marketing Alliance WINNER: Suntec Singapore WINNER: Dr Choo Teck Chuan
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  • Page 10 Advertisements
    • 1711 10 O^^^^^" IN THE MATTER OF THE IN THE MATTER OF THE ■^^k COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 IN THE MATTER OF IN THE MATTER OF REGIONAL INFRASTRUCTURE BONAFIDE DEVELOPMENT (S) PTE LTD MANAGEMENT PTE LTD (Company Registration No. iu/tniir- r»-i-A-i-i-n«i-ikiT dai a&is«e oueet (Company Registration No. *****7434R)
      1,711 words

  • SINGAPORE NEWS
    • 528 11  -  CHUANG PECK MING Dutch Chamber of Commerce will facilitate trade, create opportunities By< TRADE and investment flows between Singapore and the Netherlands are set to rise following the official opening of the Dutch Chamber of Commerce here on Monday. "It will provide a new
      528 words
    • 288 11  -  CHARMIAN KOK By A TOTAL of 67 companies were recognised under International Enterprise (IE) Singapore's Global Trader Programme (GTP) at an award ceremony yesterday. Thirty of the recipients were new entrants while the remaining 37 have renewed their GTP status. Among the new
      288 words
    • 206 11 A SINGAPOREAN-LED team has come in second in an entrepreneurship competition organised by Australia's Melbourne Business School and KPMG. Charanjit Singh Dhaliwal, 34, and his team of two designed and built TeamDraw, a software that helps businesses design and model products from computer networks to
      206 words
    • SINGAPORE ROUNDUP
      • 63 11 DP Architects has beaten nine Vietnamese and international architectural firms to win a design competition for the Sabeco World Trade Centre in Ho Chi Minh City. This follows its winning design for the Bank for Investment and Development of Vietnam last year. The WTC
        63 words
      • 55 11 THE United Nations and Asean will co-chair an International Pledging Conference this Sunday in Yangon, Myanmar, to discuss the needs of those affected by Cyclone Nargis and seek international support and financial aid for the humanitarian response effort. UN member states are invited to
        55 words
      • 50 11 The National University of Singapore Faculty of Law will host the fifth annual conference of the Asian Law Institute tomorrow and on Friday. About 210 international legal academics and practitioners are expected to attend, including guest of honour Koh Juat Jong, Singapore's solicitor-gene-ral.
        50 words
    • 171 12 TRADE and Industry Minister Lim Hng Kiang has been reappointed deputy chairman of the Monetary Authority of Singapore (MAS) for a further two years from June 1. MAS also said in a statement yesterday that new Attorney-General Walter Woon will become a
      171 words
    • 481 12  -  3H BOON PING Errors in GST compliance identified as the biggest tax risk: poll ByC THE value-added tax (VAT) system in Singapore is ranked the fourth most friendly in the world, a survey has found. Based on the preliminary results of the inaugural
      481 words
    • 101 12 YOU would think well-dressed office types would shy away from kicking a ball about in the middle of Raffles Place in the sweltering heat during lunch hour. But many were game for a round of street soccer yesterday. 'Let's Play' is a nationwide initiative by the
      wma I JOHN HENG  -  101 words
  • Page 11 Advertisements
    • 194 11 Good Investment Opportunity Merchant Square for Sale I 51 Merchant Road, Singapore I Unique commercial building 4-storey office block integrated with 2 blocks of ,-^K shophouses Net Lettable Area: approx "h.^. m f alB I Walkin9 distance to Clarke Quay MRT station *mT I 5-10 minutes to Orchard Road I
      194 words

  • Page 12 Advertisements
    • 799 12 Oft^ Credit Agricole (Suisse) SA, Geneva Head Office: Quai General-Guisan 4, CH-1204 Geneva, Switzerland Singapore Branch: 168 Robinson Road, #23-03 Capital Tower, Singapore *****2 CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31 2007 2006 1000 1000 CHF CHF 1. Assets Liquid assets 20,028 25,044 Money market instruments 4,861,175 4,243,534 Due from
      799 words
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  • ECONOMY WATCH
    • 725 13  -  CONRAD TAN But rice producers can bring prices down by selling in global markets: World Bank official Reports by [SINGAPORE] Higher food prices could erase seven years of progress in eliminating global poverty, said a senior World Bank official yesterday. But
      725 words
    • 435 13 Country has been in debt to bank since 1998 [SINGAPORE] Despite the havoc wreaked by Cyclone Nargis, the World Bank will not provide financial aid to Myanmar because it has been in debt to the bank for a decade, a senior bank official said
      435 words
    • 525 13 Reuters The revised texts would bring about headline cuts in tariffs and subsidies [GENEVA] Mediators in the core agriculture and industrial goods negotiations at the World Trade Organisation (WTO) issued new proposals on Monday, clearing the way for a meeting of ministers to clinch
      Reuters  -  525 words
  • Page 13 Advertisements

  • GREATER CHINA
    • 538 14 Bloomberg Taiwan doesn't just want prosperity and security, but dignity as well, he says [TAIPEI] President Ma Ying-jeou urged China in his inaugural speech to move towards democracy and allow Taiwan a larger international role, testing his relationship with a government that claims
      Bloomberg  -  538 words
    • 719 14  -  JANE MOIR in Hong Kong By THE dramatic departure of an outspoken shareholder activist from the board of Hong Kong's stock exchange amid allegations of political interference continues to resonate, with both sides wading into the fray. A decision by David Webb to quit
      719 words
    • 2265 14 20 RM COOP) S.&M Realty 0.71 5,bricBhd 0.14 \dvance Synergy 0.12 \dventa Bhd 1.31 \e Multi Hldgs 0.22 \ffin Holdings 2.05 \hmad Zaki Resou 0.95 \icCorp 0.51 \irasia Bhd 1.12 \kn Technology 0.51 \lliance Financi 3.18 \luminium Co 1.03 \malgamated Ind 0.60 Vnmb Hldgs Bhd 3.98 \mtel Holdings
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    • 263 14 Reuters [SHANGHAI] After making heaps of money in China's vast market, heartless foreign corporations have failed to pay a cent towards earthquake relief or so claimed text messages buzzing between Chinese mobile phones yesterday. The only snag is that every company
      Reuters  -  263 words
    • 371 14 Reuters [HONG KONG/MACAU] US casino owners have placed big bets on Macau, turning the Chinese enclave into the world's top gaming centre, but local junket operators are forcing big names from Las Vegas to pay top dollar to bring crucial high-roller clients
      ■ Reuters; AFP  -  371 words
    • 350 14 Reuters [HONG KONG] Credit Suisse will relocate the head of its Global Financial Institutions Group, Vikram Gandhi, to Hong Kong from New York, according to a memo obtained by Reuters yesterday, as part of the firm's push into the fast-growing Asia Pacific region. Mr
      – Reuters  -  350 words

  • MALAYSIA/INDONESIA
    • 321 15 -AFP [JAKARTA] Thousands of protesters rallied in the Indonesian capital and other cities yesterday against a government plan to raise subsidised fuel prices by as much as 30 per cent. Around 1,000 people clogged the main street in Jakarta demanding the government cancel the plans
      -AFP; AP  -  321 words
    • 468 15 Reuters It says political flux won't impact foreign investments, infrastructure work [KUALA LUMPUR] Malaysia's economic diversity will help sustain growth, the head of state investment arm Khazanah Nasional said yesterday, brushing off fears of a slowdown and the impact of parliamentary elections. "Malaysia is now
      – Reuters  -  468 words
  • Page 15 Advertisements
    • 22 15 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. BJ
      22 words
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  • INDIA
    • 357 16 AFP The 11b euro FDI in 2007 far exceeds EU investment in China, which plunged 70% [BRUSSELS] The flow of European cash into Indian firms surged more than fourfold last year, far surpassing European Union (EU) investments into Chinese companies, estimates from
      AFP  -  357 words
    • 313 16 ■AFP [KOLKATA] Sex workers in India now have the option of taking out life insurance cover a move they hope will speed up their bid to legalise the profession, a charity said on Monday. "Sex workers approached Life Insurance Corporation of India,
      ■AFP  -  313 words
    • 395 16 Reuters [HONG KONG] Royal Bank of Scotland (RBS), which last year bought parts of ABN Amro, has named three bankers from the Dutch firm to key roles in its corporate finance team in India an important battleground for global investment banks as business slows
      – Reuters; AP  -  395 words
  • Page 16 Advertisements
    • 260 16 i J lIIMI. J." _JM' L.J 111. 1 -lIUI 1 l I y MIM JI J 111. J." _Ml' L-J '111. J1 -.Ml 1 ...J lI—II Ml i_lP LI 1111. _L" _I.- J 11. J. l J Illif»! __M". jflky-.^'^S LUCKY DRAW PRIZE Ci PS^^^^Apfi I < J3||i\tv«si^j{=*^K Dine and
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  • ASIA-PACIFIC/WORLD
    • 189 17 IN FLUKY wind conditions, varying between 12 and 30 knots predominantly from a north easterly direction, Race 10 to from Panama to Jamaica began at 10.02 local time (15.02 UTC) with a Le Mans start. Jamaica was first off the line, determined
      189 words
    • 294 17 Reuters LATEST US DATA [WASHINGTON] US producer prices rose by a smaller-than-expected 0.2 per cent in April after gasoline prices sank, government data showed yesterday, but core inflation at the producer level posted a larger advance. Economists polled by Reuters had expected that producer
      – Reuters  -  294 words
    • 597 17  -  ANTHONY ROWLEY US ambassador's remarks imply Tokyo is not shouldering its share in security By in Tokyo US ambassador to Japan Thomas Schieffer yesterday issued a strong call urging Japan to step up its defence spending, arguing that the country is falling behind China
      AFP  -  597 words
  • Page 17 Advertisements
    • 148 17 M^m SINGAPORE FORTUNE oo FAVOURS* The search has begun for the best in the league of business who will make it to the 4th annual Singapore International (SI) 100 Ranking. Join the prestigious national ranking that celebrates the global achievements of Singapore companies based on overseas revenue and markets. For
      148 words

  • MIDDLE EAST
    • 632 18 oj -AP Their size should be kept in perspective relative to other financial assets [SHARM EL-SHEIK, Egypt] Middle East bankers on Monday staunchly defended sovereign wealth funds contending they helped save the US financial system from collapse. The vast government-di-rected pools of investment money
      — oj -AP; FILE PHOTO  -  632 words
    • 281 18 Bloomberg, Keuters [DUBAI] Dubai Gold Commodities Exchange, a commodities futures market in the Persian Gulf emirate, will start trading crude oil futures contracts based on West Texas Intermediate and Brent, two global benchmarks. The WTI contract will be settled based on prices
      Bloomberg, Keuters  -  281 words
    • 236 18 Bloomberg [DUBAI] Bahrain Mumtalakat Holding Co, the Gulf kingdom's US$lO billion sovereign wealth fund, plans to buy stakes in US insurance companies while shunning the bank shares favoured by its regional peers. "We're looking at several opportunistic deals in the US," CEO
      Bloomberg  -  236 words
  • Page 18 Advertisements
    • 335 18 michelin star romain fornell from barcelona Awarded "Best Young Cook" in Southern France since the age of 18. First youngest chef to receive a Michelin Star in both France Spain at the age of 29 Of acknowledged international renown, Guest Chef Romain Fornell's cuisine innovation is fast, daring spectacular. Only
      335 words

  • WORLD
    • 588 19 NYT NexCen says it faces severe cash crunch and warns it may not stay in business [NEW YORK] The fast-grow-ing US buyout firm that owns the fashion house Bill Blass, the retailer Athlete's Foot and the ice cream chain Maggie Moo's appears
      NYT  -  588 words
    • 327 19 Bloomberg [NEW YORK] Billionaire Warren Buffett said that there are "far more" potential takeover targets for his US$2OO billion Berkshire Hathaway in Europe than in emerging markets, as he looks outside the US for acquisitions to spur profit growth. He started a four-city
      Bloomberg  -  327 words
    • 261 19 Bloomberg [LONDON] British Land, the biggest developer in London, reported its first annual loss in at least 20 years after writing down the value of office buildings and malls. The net loss for the 12 months ended March 31 was £1.56
      Bloomberg  -  261 words
    • 8467 19 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.95/ Star Europe Bond 1.188/ Star Europe Bal 1.176/ Star Asian Tiger Eqty 1.403/ Star Asia Bond 1.182/ Star Asia Balanced 0.983/ Star Global Technology Fund!** 0.204/ Multi St Fd 0.815/ Star Asia Bond(USD) 0.863/ Gib Multi St USD
      8,467 words

  • AVIATION
    • 468 20  -  YEN SREENIVASAN 79,000 engines valued at USsllob are needed over the next 20 years By^ [SINGAPORE] Rolls-Royce predicts continued growth in business jet deliveries for the rest of this decade and foresees a huge engine market for the next 20 years. In its latest
      468 words
    • 303 20 Reuters It also wants greater number of int'l flights at Haneda [TOKYO] The Japanese government's top economic policy advisory council yesterday called for Japan to consider negotiating an open sky agreement with the United States and the European Union. The council
      ■ Reuters  -  303 words
    • 571 20 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the nation's largest carrier, said first-quarter profit fell 9.5 per cent after paying more for fuel. Net income dropped to RM120.1 million (5550.5 million), or 7.19 sen, from RM132.7 million, or 9.49 sen, in
      ■ Bloomberg; BLOOMBERG  -  571 words
    • 286 20 Bloomberg [KUALA LUMPUR] Air Asia Bhd, the region's largest low-fare airline, fell below the price of its 2004 initial public offering for the first time in Kuala Lumpur trading yesterday on concerns that record jet-fuel prices would erode profit. The stock
      Bloomberg  -  286 words
    • 254 20 Bloomberg [SEATTLE] Boeing Co, whose new 787 Dreamliner is delayed at least 14 months, is "making progress" on getting the plane ready for its first flight by the end of this year, the programme's manager said. "I don't expect any surprises," Pat Shanahan
      ■ Bloomberg  -  254 words
    • 2509 20 AIRLINE CODES: AA American A -F Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA' British Airways Public ttd Co (BAW).BG 8,,,, u1 u U a uu^,, tJ V uu w ulu t Airlines Sdn Bhd (RBA), BO Bouraq Airlines
      2,509 words
  • Page 20 Miscellaneous
    • 385 20 CRYPTIC CROSSWORD ACROSS 1 Almost unhappy about a n|l pj I nl[^l[g I I [7 3 The person who might seek I^^^H I^H 8881 l 8 He's stuck in a nightclub I I but how? (8) Bfl Bfl BBB^ 9 Old idiot taking in oriental H^B^ mM mM, WU IBPH
      385 words

  • SHIPPING
    • 850 21  -  DAVID HUGHES STRAIT TALK Industry must sort out problem quickly or face prospect of imposed regulations By I CAN still remember the embarrassment although the incident in question happened 35 years ago. I was the third officer of a conventional general cargo liner and, as such,
      850 words
    • 417 21 AFP [MARSEILLE] French fishermen demanding state aid to cope with soaring fuel costs blockaded France's largest Mediterranean oil depot at Fos-sur-Mer yesterday, escalating a 10-day protest movement. Around 50 fishermen used tyres and crates to set up roadblocks, cutting access to the Fos-sur-Mer depot,
      AFP  -  417 words
    • 270 21 Reuters [OSLO] Another six Norwegian airports closed yesterday as a ground workers' strike escalated, creating transport problems for the oil industry which relies on airports in western Norway for access to offshore rigs. A total of 12 airports have been shut due to the
      Reuters  -  270 words
    • 263 21 Bloomberg [DUSSELDORF, Germany] Hamburg, home to TUI AG's Hapag-Lloyd unit, will join MM Warburg Co and billionaire Klaus-Michael Kuehne to bid for the con-tainer-shipping company, the German city's Finance Senator Michael Freytag said yesterday. The city will hold a 20 per cent stake,
      Bloomberg  -  263 words
    • TRANSPORT STOCKS
      • 101 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.64 0.37 3.60 0.78 2.77 1.16 0.08 0.86 1.51
        101 words
      • 35 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.83 9.45 9.45 4.40 3.24 0.22 unch 0.03 -0.05 -0.05 0.02 unch -0.01 unch 341 no: 1011 151! 1( 14)
        35 words
      • 12 21 ■oo 'recious Ship Regional Cont 27.75 24.40 0.75 0.40 6273 1061
        12 words
      • 11 21 '000 Doil iingamas Cont 53.65 2.66 -2.65 -0.04 82! 916;
        11 words
      • 17 21 '000 Aboitiz Equity Intl Container Keppel Marine 7.10 34.00 2.50 0.10 1.00 unch 250! 39! 30!
        17 words
      • 20 21 Evergreen Marine ....28.80 :irst Steamship 84.30 /Van Hai Lines 27.60 t'ang Ming Marine...24.30 -1.10 -2.10 -0.30 -0.25 1! 2!
        20 words
      • 38 21 '000 (awasaki Hvy Ind ..308.00 13.00 2775' (awasaki Kisen ...1244.00 -4.00 731) Mitsubishi Hvy 495.00 25.00 1034& Mitsui Eng&Sbldg...378.00 22.00 3775! MitsuiOsk Lines ...1669.00 5.00 911! Mippon Express 544.00 2.00 444; MipponYusen 1115.00 7.00 6531 source: Reuters
        38 words
  • Page 21 Advertisements
    • 513 21 International Ship Classification INTEGRITY SERVICE QUALITY -J^j Keeping you ISCIdSS af tfie forefront jr., $BShs^-. of maritime safety, ■@b!23 security and S^^ environmentai protection Ift mmm IN THE MATTER OF THE ■^^^^^1 COMPANIES ACT. CAP. 50 II AND IN THE MATTER OF HpriT^l SML INVESTMENTS PTE LTD II E U
      513 words

  • EDITORIAL & OPINION
    • 452 22 MORE than a decade after economist Paul Krugman dismissed it as a "dangerous obsession", competitiveness among countries apparently still hasn't been outlawed, and seems, more than ever, to be the key to economic success and prosperity. At least, one of the pioneer parties behind
      452 words
    • 907 22  -  SEBASTIAN MALLABY Japanese chauvinism, American lobbies, European irrationality among barriers to solution By E ARE now several months into the global food crisis, which is a much bigger deal than the sub-prime meltdown for most people in the world. Food prices have almost doubled
      I AP  -  907 words
    • 740 22  -  LEON HADAR READING the memoirs of European colonialists who led the efforts to extend Western control over parts of Asia and Africa in the nineteenth century, one cannot but be moved by what seemed to be the genuine convictions held by these
      740 words
    • 1364 23  -  MICHIKO KAKUTANI ■NYT It is now the 'rise of the rest', with China and India becoming bigger players and Russia becoming more aggressive By I HAT a difference five years and one war make! In a 2003 article in Newsweek, written on the eve of the invasion
      ■NYT; AFP  -  1,364 words
    • 851 23  -  ANDY MUKHERJEE Bloomberg PROPERTY developers in India, analysts agree, need to raise large sums of money to ease the shortage of everything from office towers, warehouses and shopping malls to apartments, multiplex cinemas and hotel rooms. The financing itself shouldn't prove very
      Bloomberg; BLOOMBERG  -  851 words


  • SINGAPORE STOCKS
    • 7648 24 Transaction date: May 20 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Day Last Quote Div GrYld Net ih Low Buyer Seller C'vr P/E MCap $mil Hii Coi 5716 1st Software 11 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF
      7,648 words
    • 82 24 52-Wk Tel h Low Code Last Sale Vol COOP) Day ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _Hm Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200xd US6200 250 60 1000 1000 6097 IS MSCI Spore *****
      82 words
    • 1976 24 «Vk Tel Low Code Last Sale Vol C000] lay I Low By .as1 Quote Seller Div Cvr Net P/E fICap Smil Hii Comi Hii 30 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s
      1,976 words
    • 218 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalisf 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
      218 words
  • Page 24 Advertisements
    • 26 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. JS %f 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. M
      26 words

  • FINANCE & COMMODITIES
    • 383 25 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change May 19 World Index Preliminary 1092.1 0.8 -3.5 0.8 -6.1 0.7 -1/ t EAFE Preliminai 1049.1 0.8 -6.4 0.6 -6.7 0.6 -2.1 Eun Prelim inan
      383 words
    • 60 25 May 20 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low JunO8 3515 Jul 08 3537 AugO8 3513 Sep 08 3529 Total o/p: ***** contracts 3538 3546 3515 3555 3555 3510 3554 3559 3513 3544 3555 3529 Turnover: 3184 lots Market tone: Lower
      60 words
    • 25 25 May 20 ten Hii Sett STI IIMSCI Ma' 398.2 398.5 391.4 Taiwan Ma> 358.4 359.9 349.1 Source: MF Global (S) He. Ltd
      25 words
    • 21 25 May 20 Bid Offer 1-month 1.3668 1.3681 2-months 1.3651 1.3665 3-months 1.3636 1.365 6-months 1.3588 1.3603 Source: OCBC
      21 words
    • 157 25 May 20 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3132 1.3145 0.9593 0.9595 Canadian dollar 1.3797 1.3815 1.0079 1.0084 Euro 2.1338 2.1360 1.5588 1.5591 NZ dollar 1.0583 1.0598 0.7731 0.7736 Sterlin. md 2.6755 2.6781 1.9545 1.9548
      157 words
    • 355 25 May 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.390 97.325 97.090 96.930 0 0 0 0 ***** ***** 8663 ***** EUROYEN FUTURES JunO8 99.150 99.155 SepO8 99.115 99.120 DecO8 99.035 99.045 MarO9 98.940 98.955B JunO9 98.880 98.880 SepO9 98.815B DecO9 Mar10
      355 words
    • 288 25 May 20 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 420.75 418.25 415.25 413.50 411.00 412.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest
      288 words
    • 131 25 As at 9am May 20 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2980 1.3130 Can dollar 1.3720 1.3890 Euro 2.1150 2.1380 NZ dollar 1.0490 1.0710 Sterlini ind 2.6580 2.6881 US dollar 1.3620 1.3770 Local dollars to 100 units of foreign
      131 words
    • 160 25 May 20 IS Offer Bid Overnight 1/8 1-month 1 1/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 1/2 US$ Offer PAR 15/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.45 2.55 2.75 2.85 2.95 3.10
      160 words
    • 466 25 May 20 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.952 6.694 0.615 7.484 40.962 89.032 0.996 10.031 3.117 1.241 66.918 41.249 1.314 7.298 1.002 29.334 30.792 0.491 0.959 Canada 1.051 7.034 0.647 7.864
      466 words
    • 168 25 May 20 GOLD (USS/oz) May 19 May 20 GOLD BULLION COINS (S$) Sellini Hong Kong 908.00 905.10 909.00 906.10 May 16 May 19 London 904.30 903.10 905.30 904.10 Source: Reuters (SS) Selling Buying i~oz 1386.72 1248 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $485.78 399 SILVER Selling
      168 words
    • 78 25 May 20 (US$) (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$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      78 words
    • 92 25 May 20 mcHauni dills Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****W 21.08.08 1-Year BY*****N 04.05.09 0.89 1.01 0.89 0.76 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year
      92 words
    • 70 25 May 19\ Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2950.50 2996.20 3 months 2995.00 3040.00 Copper, Grade A (USS/tonne) Cash 3 months 8433.00 8315.00 8566.00 8439.00 Lead (USS/tonne) Cash 2219.00 3 months 2231.00 2331.50 2342.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 78 25 May 19 (£/tonne) Close Prev Hii ih/Low Jul 08 1440 1467 1483/1404 SepO8 1400 1419 1430/1375 Dec 08 1384 1399 1412/1366 Mar 09 1357 1375 1388/1344 COFFEE (US$/tonne) Close Pev High/Low May 08 2243 2260 2270/2238 Jul 08 2261 2280 2297/2245 SepO8 2241 2263 2277/2230 Nov08 2225 2244 2258/2218
      78 words
    • 100 25 May 19 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1333.00 1378.00 1355.00 1322.00 Aug 08 1333.75 1377.25 1348.00 1326.00 Sep 08 1323.75 1359.25 1336.00 1320.00 Nov 08 1322.00 1349.25 1335.00 1309.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 60.20 61.85 61.10
      100 words
    • 76 25 CRUDE OIL PRODUCTS May 19 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 124.43 -0.36 WTI (Near Mth) 127.30 0.63 Dubai (1-Mth F) 119.46 0.66 Tapis blend 129.35 0.35 Minas 126.65 0.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 111.90 160.80 unch unch US$/barrel Opec Oil
      76 words
    • 1633 25 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 9092 Asia Environment W*****4 15 3 6 1 38 8 3.27 15 4267 Biosensors DB ECW*****5 23.5 2.5 15 1 70 4 4014 Capitaland BNP ECW*****8 31 -0.5 6
      1,633 words
  • Page 25 Advertisements

  • Page 26 Advertisements
    • 2888 26 Shipping times M V^H llgjffllin ITg 3MH A WAN hai INTERNATIONAL PTE LTD crn0 **********0/r W A^TV 0H ■."^JSaSSißaißiißl BJgWflfim'^MTTrf WU %rr^\ ■■>■ M TEL6226ISSS (HLINES) FAX:*****163 1 V.^ "^TCTITT^^TCV WBBSmt jjUSS&JJj V\\M>\A/AM HAI INrN Customer Service/Bookings Direct Une (1800) *****200 BMMH^HMIM^KrcHfj^^^M BBQBe3iSß*tE*se]jJß V V VWf^ll I I #11 LIIIL^
      2,888 words

  • Page 27 Advertisements
    • 1260 27 RICKMERS-LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA Service Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I NYC I CPE Rickmers Hamburg 236 04/06 01/08 06/08 13/08 Rickmers Seoul 238 I 17/06
      1,260 words
    • 1375 27 HFiFT EASTERN CAR LINER. LTD I|y C SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJJ^^| M VOY Ramp(KT) Lilting(KT) MUA SJN~ PKL PEN JKT LCB I GOLDMENAM 85 40 122 26/05 29/05 I ENDEAVOR OAK U 60 29/05 31/05 I ESTRELLA ETERNA 165 60 31/05 02/06 07/06 I COSMIC
      1,375 words
    • 766 27 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL I VOY I SIN I PKL I [MB I NSA I [MB SCI KIRAN 01IW 20MAY 21 MAY 25MAY 27MAY 01 JUN KOTAPAHLAWAN YPHOB4 27 MAY OMIT 01 JUN 03 JUN 08 JUN HOWRAH BR 0073W
      766 words

  • Page 28 Advertisements
    • 5269 28 W- A MnFDCFN Tel: 65-*****907 Fax: *****917 -E^_i -Bn^-i -E^_i ___d -E^_i rZ m INUCrJCIN Email: asc@asc-asia.com ■igPHkgH tZU Hfifl E^fl \shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 KP^IK HflP BHS RtH MH PMi NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [ialjs APE
      5,269 words
    • 207 28 fiftl GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE :HIAPWOON SHIPPING (S)PTE LTD 14 ROBINSON ROAD, #03-01 SINGAPORE *****5
      207 words

  • Page 29 Advertisements
    • 1414 29 ffc^^" JLN \^J JL JL V_-/ JC l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-SELL IT-FIND IT KBC Bank N.V. A^* (Incorporated in Belgium) Consolidated Annual Accounts As At 31 December 2007 Consolidated Balance Sheet statutory auditor-s report to the general MEETING OF SHAREHOLDERS OF KBC BANK NY ON
      1,414 words
    • 2015 29 Lloyds TSB Bank pic at 31 December 2007 for the year ended 31 December 2007 million million million million Assets Interest and similar income 16,874 14,111 Cash and balances at central banks 4,330 1,898 Interest and similar expense (10,741) (8,780) Items in the course of collection from banks 1,242 1,431
      2,015 words
    • 210 29 IN THE MATTER OF THE COMPANIES ACT.CAP.SO AND IN THE MATTER OF SAINT-GOBAIN HANGLAS (ASIA) PTE.LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) Company Registration N0:*****4926M NOTICE OF FINAL MEETING Notice is hereby given, in pursuance of Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members of
      210 words

  • MOTORING
    • 580 30  -  SAMUEL EE More parents are buying hand-made replicas of real-life models for their children, reports GROWING affluence has resulted in more Singaporeans buying electric-powered toy cars for their children, with sales of such "mini autos" growing over the past year, according to a distributor
      ARTHUR LEE  -  580 words
    • 600 30  -  SAMUEL EE 'The car (Chrysler 300 C) looks upmarket and the interior space is very good. It is ideal for a limo service and should serve our customers' needs well.' SMRT chief operating officer Yeo Meng Hin By SMRT Taxis could be
      600 words
  • Page 30 Advertisements
    • 170 30 hervunriHH after, a buss das I 3 ji*l I ©challenge uVl^^^——v II ASIAN SERIES SINGAPORE2OOB" \%%*Z«ir\ 100% f»{j||| 1 C—J r7-^C/f«r«H get ready for some excitement on the course! I^W^ WO%|r •^J" I I i ml* Sosacoifcub Iv A\w|»^i SFf^ J Find ofthe day: Worid beating swim 1952 (Tanjong Course)
      170 words

  • EXECUTIVE MONEY
    • 1564 31  -  WONG SUI JAU Take the longer view and pick up good investment bargains now in anticipation of a recovery ARKETS have been quietly recovering, but few seem to be aware of it. Volumes on the Singapore stock exchange are very low, and there
      MSCI; i^FP PHOTO  -  1,564 words
  • Page 31 Advertisements
    • 703 31 Enjoy high potential returns with Cushion Coupons Interest Amount payable based on a maximum Short tenor of approximately 3 years potential Cushion Coupon 1 of 20% (Tranche 100 o /o principa prote ction if held until scheduled A Notes) and 10/O (Tranche B Notes) maturity of the Notes 3 Linked
      703 words

  • MANAGING WEALTH
    • 675 32 Headhunter Kathryn Yap tells SIOW LI SEN how her mother's influence, strong belief in property investment and luck helped her succeed Q: How was money when you were a child? A: My mother was very strict like "always finish your food even if you do not like
      JOHN HENG  -  675 words
    • 343 32  -  SIOW LI SEN By KATHRYN Yap is a headhunter with panache. The elegantly dressed Singaporean is also an opera lover, speaks several languages English, French, Mandarin, Thai, as well as several dialects and she paints too. Her eclectic experience, including a double
      343 words
  • Page 32 Advertisements

  • EXECUTIVE MONEY
    • 694 33  -  GENEVIEVE CUA New portfolio is expected to be half as volatile as commodity indices By WEALTHY Asians are said to be typically reluctant to use discretionary portfolio services, which involve giving a bank or fund manager a mandate to invest on their behalf. But Credit
      694 words
  • Page 33 Advertisements
    • 3432 33 Advertising Feature A Tki~ Inefifi i«-~ /^k INTERNATIONAL INTERNAL egA ■ne insiiiuie or audit awareness month ■■yklnternal Auditors b^fi^iA^vjiu-j^j^MJiigi.^ji Internal auditors around the world are proud to dedicate May as the International Internal Audit Awareness Month, designated to focus on internal audit awareness-building efforts all around the world. The Institute
      3,432 words

  • executive Money
    • 781 34 In the current environment, with fast-rising oil prices, there are downside risks in investing in a commodities fund. Better alternatives are available, reports GENEVIEVE CUA AS THE price of oil scales new heights, investors fret with some justification that investing in a commodities fund today
      781 words
  • Page 34 Advertisements
    • 102 34 w^. m" -me Since 1856, we have focused on bringing new perspectives to our clients. Understanding the past, but shaped by the future. Always looking at opportunities and challenges from a different point of view. Bringing together new partners to achieve results that can make the difference for our clients.
      102 words
  • Page 34 Miscellaneous