The Business Times, 9 June 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL29385
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    21 1 The Business Times Singapore 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, June 9,2008
    21 words
  • Article, Illustration
    Lock icon Shipping lines batten down their hatches
    1151 1  -  VINCENT WEE Operators face rising fuel costs but are not without options to relieve pressure on bottom line By [SINGAPORE] Two industries as different as air and sea, but confronted with some of the same gruelling market forces. Last week, a global gathering of
    Platts  -  1,151 words
  • Article
    Lock icon STT sells Indosat stake, giving Qatar firm a boost
    452 1 Reuters, AFP ST Telemedia divesting its entire stake in Indonesian mobile operator [DUBAI/SINGAPORE] Qatar Telecom (Qtel) is poised to be a major player in the Indonesian telecoms market with the announcement on Saturday that Singapore Technologies Telemedia is selling its entire
    Reuters, AFP  -  452 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      56 1 Weekly 3,146.73 lange -45.89 ST Index KLCOMP 1,248.57 -27.53 NIKKEI 225 14,489.44 +150.90 HANG SENG 24,402.18 -130.94 SET INDEX 817.33 -16.32 JAKARTA COMP 2,402.24 -42.11 MANILA COMP 2,739.70 -87.74 SEOUL COMP 1,832.31 -19.71 SHENZHENB 551.87 +7.35 MUMBAI IND 15,572.18 -843.39 DOW 12,209.81 -428.51 N AS DAI 2,474.56 -48.10 S&P
      56 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.766 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.93 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      44 1 US$ (S$ per US$) 1.366 (US$/S$ per 1.955 2.670 EURO (US: i/S! i/E) 1.559 2.130 YEN 106.00 77.60 RM 3.259 2.386 HK$ 7.809 5.717 BAHT 33.10 24.24 RUPIAH 9,324 6,827 RENMINBI 6.923 5.069 INDIAN RUPEE 42.75 31.30 A$ 1.044 0.764 NZ$ 1.302 0.954
      44 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      93 1 8 '*****1 *****4 I JH q|^ Presenting nutritious Chinese cuisine made with premium herbal ingredients I^^^JHH o^^ by Eu Van ang from 1210 22 JuneI m am W^^L Enjoy the herbal selection along with Singapore fare. Buffet lunch at $41 (adult) and $24++ (child) or Ll I H^R^ the nerbal
      93 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      60 1 DINING OUT m^ BizlT VIEWS FROM THE TOP BE INSPIRED I A pragmatic (i yfc% J Spore-based sites rated Chief executives on URA's Zap for daily inspiration, foodie among safest in Asia Draft Master Plan WinapairofZegna PAGE 17 i If PAGE 32 PAGES 12 &13 Sunglasses! PAGE 18 Moving ahead,
      60 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Time to wake up and smell the jet fuel
      877 2  -  YEN SREENIVASAN COMMENTARY The only way that the global aviation industry can survive record-high oil prices would be to pass the costs to the customer SOARING fuel prices. Slowing revenue growth. Rising wage costs. Emission taxes. Monopolistic service providers. If ever
      877 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Financial crisis boosts BRIC economies' clout: Goldman
        44 2 THE Western financial crisis means the fast growing economies of Brazil, Russia, India and China will grow their share of the world economy faster than originally forecast, said Goldman Sachs economist Jim O'Neill. TOP STORIES, PAGE 2
        44 words
      • Article
        Lock icon Oil price surge triggers global recession fears
        69 2 THE two-day US$l6 surge in crude oil prices to US$l39 a barrel last Friday has raised fears of a US and European inflationary recession, and fears that global stock markets could slide further. Analysts are concerned that business profits could be hit by
        69 words
      • Article
        Lock icon Xpress keeps an eye on China and Vietnam
        61 2 PRINT solutions provider Xpress Holdings expects to benefit from the strong regulatory and global pressures on Chinese companies to declare their financial performance through annual reports. China contributes 85 per cent to Xpress' business, and this is expected to grow as Chinese
        61 words
      • Article
        Lock icon Russian president plays up US economic shortcomings
        61 2 IN his first major economic speech since becoming president, Dmitri Medvedev said on Saturday that the world might be in the throes of the worst economic crisis since the Great Depression, and that a newly revived Russia could offer solutions to a systemic
        61 words
      • Article
        Lock icon KL power producers' windfall tax burden may be eased
        62 2 SOME power producers may be able to pass on the cost of a windfall tax to Tenaga Nasional, a senior industry official said. This is due to a clause in their power purchase agreements, which are long term contracts under which
        62 words
      • Article
        Lock icon MAS starts carbon offset fund for travellers
        38 2 MALAYSIAN Airlines last Friday launched a carbon offset programme, allowing environmentally conscious travellers to pledge a contribution to reduce the effects of greenhouse gas emission on their flights. MALAYSIA, PAGE 20
        38 words
      • Article
        Lock icon China raises banks' reserve ratio to record high of 17.5%
        69 2 CHINA'S central bank on Saturday ordered lenders to set aside more money as reserve, the fifth such move this year. It was the latest effort to enhance liquidity management in the banking sector. The reserve requirement ratio would be raised
        69 words
      • Article
        Lock icon Yale University plans biggest expansion in 40 years
        38 2 YALE University has unveiled its biggest expansion in nearly four decades with plans to build two residential colleges that would raise undergraduate enrolment by 15 per cent. ASIA-PACIFIC/WORLD, PAGE 23
        38 words
      • Article
        Lock icon G-8 leaders vow to fight high oil prices
        77 2 THE world's top industrialised nations and leading oil consumers vowed to fight skyrocketing oil prices by boosting energy efficiency and accelerating investment in new technologies, while urging producers to expand production. Energy ministers from the Group of Eight countries, joined by China,
        77 words
    • Article
      Lock icon Agency opens doors for US businesses – in S'pore and beyond
      595 2  - Agency opens doors for US businesses in S'pore and beyond CHUANG PECK MING Link-ups for small businesses lead to multi-million dollar sales yearly By [SINGAPORE] Operating out of Singapore, US government officials have been clearing the way for US firms and hooking them up with markets in Asia, leading to
      595 words
    • Article, Illustration
      Lock icon BRIC economies gaining clout in wake of crisis: Goldman analyst
      666 2 -Reuters They may overtake many of the West's leading economies in the next 50 years [ST PETERSBURG, Russia] The Western financial crisis means that the fast-growing economies of Brazil, Russia, India and China (BRIC) will grow their share of the
      -Reuters  -  666 words
    • Article, Illustration
      Lock icon US market on tenterhooks, expects volatility
      1004 4  -  ANDREW MARKS WALL STREET INSIGHT US$ hit over worries Fed too preoccupied with recession to deal with inflation By in New York THE return of oil's relentless rise may be the first thing roiling the minds of investors these days. But after a troubling
      AP  -  1,004 words
    • Article
      Lock icon Oil triggers fresh global recession fears
      677 4  -  NEIL BEHRMANN Lack of G8 short-term remedies aggravates worries By in London THE two-day US$l6 surge in crude oil prices to a record of about US$l39 a barrel last Friday has raised fears of a US and European inflationary recession and fears that global
      677 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      132 2 LUXURY TOURS TRAVEL PTE LTD sit^ttl P^fc\ ™c Leading Operator vUMrnmiV/ Established si nee 1985 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxtur©slngnet.com.sg Subsidiary, luxury COACH service Website: www.luxury.com.sg Member of NATAS 40 coaches available for charter Singapore Malaysia f testify n m 'sSSeater Conches
      132 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      83 2 Balanced Currency Harvest Euro IIC 02/06/08 106,98 EUR BSS^ c**3 -j \.T I Booster Capital Guaranteed Fund USD I RID 29/05/08 10,30 USD I Croci Alpha Pairs Sectors USD |RIC-B 02/06,08 13,51 SGD I Croci Alpha Pairs Sectors USD IIC 02/06/08 *****,95 SGD I Metal Drive Guaranteed Fund RID 23/05/08
      83 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      20 2 DE BORTOIT /s pleased to announce our New Exclusive Importer-Distributor in Singapore Crystal Wines Pte Ltd ML Deßortoli Wines <^^^> CRYSTALWINES
      20 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      101 3 GENEVE DAY AND NIGHT FRANCK MULLER BOUTIQUE SINGAPORE DELFI ORCHARD (65) 6733 9113 MALAYSIA KLCC SHOPPING CENTRE (603) 2166 2173 INDONESIA GALLERIA GRAND HYATT (6221) 310 7208 PLAZA SENAYAN (6221) 572 5688 THAILAND SIAM PARAGON (662) 610 9423 AUTHORISED RETAILERS SINGAPORE SINCERE FINE WATCHES TAKASHIMAYA SC NGEE ANN CITY (65)
      101 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      181 4 a THE LEADERS NETWORK: A MEETING OF LEADING MINDS I^BjHtiM^M3jj|fi|||jjfi||lj^K yuxiid j||||j|S mS^r AN EXCLUSIVE DINNER DIALOGUE Financing growth and acquisitions by applying m V i~ J WITH DR KENICHI OHMAE W BK 1 the H key disciplines of investment and finance I 25 August 2008 I Grand Hyatt I
      181 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Xpress keeps eye on China and Vietnam
      461 5  -  JAMIE LEE Greater financial scrutiny on Chinese firms to boost future earnings for printer By PRINT solutions provider Xpress Holdings expects to benefit from the strong regulatory and global pressures on Chinese companies to declare their financial performance through annual reports. China accounted
      461 words
    • Article, Illustration
      Lock icon Xpress posts 161% jump in Q3 net profit
      382 5  -  NISHA RAMCHANDANI Company confident of improving on FY2007 performance By BOOSTED by strong sales and a one-off exceptional gain from the sale of a leasehold building, mainboard listed Xpress Holdings Ltd saw net profit jump 161 per cent to $2.42 million for
      FILE PHOTO  -  382 words
    • Article
      Lock icon TMC tie-up offers diploma in business, IT in Jakarta
      206 5  -  NISHA RAMCHANDANI By LOCAL private education provider TMC Educational Group (TMC) has teamed up with Eresha Education Indonesia to offer an international diploma in business and information technology (IT) in Jakarta. This is the first collaboration with an Indonesian education institution
      206 words
    • Article, Illustration
      Lock icon Unisteel agrees to $785m buyout offer from KKR
      347 8  -  NISHA RAMCHANDANI Delisting of shares on the cards, current management team will remain By MAINBOARD-LISTED disk drive component manufacturer Unisteel Technology Limited has agreed to an acquisition offer 0f5785 million from private equity firm Kohlberg Kravis Roberts Co (KKR). Latch Holding (Labuan)
      347 words
    • Article
      Lock icon Smaller hedge funds risk being acquired: Value Partners
      276 8 Bloomberg [HONG KONG] Value Partners Group Ltd, Asia's sec-ond-largest hedge fund manager by assets, said worsening returns in the industry may lead to bigger firms taking over smaller rivals. "I think the industry may go through certain consolidation," said chief executive officer
      – Bloomberg  -  276 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      193 5 Where the familiar feels COMPLETELY NEW. ?!3^i. ;*a^t-. v >-'-—: Welcome to Singapore's newest guest rooms and suites. Soothing, sleek B^-^^^- Be"* ■j»|»^^—_—_^L_--^ and streamlined with the latest technology, our newly refurbished third night free fefcT^Er^*' 3?^ m\ ~*W\ TO K^2r-^UL^ U E "A™B PARTING FROM BSiiJ^fei^"^! *4| S3 interiors
      193 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon 'Buy the dips, sell into strength' will be severely tested this week
      713 6  -  R SIVANITHY STOCKS THE thing about bear rallies (or bear traps if you prefer) is that it conditions traders into believing that there is still money to be made if they can get the timing right. Each time
      713 words
    • Article
      Lock icon Key Asian units mixed against US$; baht hits 5-month low
      510 6 -AFP CURRENCIES [HONG KONG] Key Asian currencies ended last week mixed against the dollar as the United States announced hefty job loss figures and amid predictions of a US interest rate rise. The Thai baht fell further as foreign investors
      -AFP  -  510 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      724 6 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (aa) Final Interest Income; (ab) Final Fully Franked; (ac) Final Capital; (ac) Cash/Bonus; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier);
      724 words
    • Article
      Lock icon Oil soars to new highs; gold and silver advance
      341 6 ■AFP COMMODITIES [LONDON/NEW YORK] World oil prices last week had a roller-coaster week with a surge to heights above US$l3B per barrel, traders said. Oil: Crude oil surged to a record close of U*****.54 in New York trade last Friday, gaining
      ■AFP  -  341 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1967 6 Source: Reuters Lonsensus no. ot i-orecasi mean t-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advance SCT Ltd 2.50 2.50 2 7.15 4.20 0.50 0.30 .llco Commercial REIT 2.25 2.25 5.49 15.57 1.08 0.87 .II' ireen Pro| jerties
      1,967 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 6 Jun 6 VALUE CLOSE -454.00 +78.00 IT OB/OS IT CADI -*****.00 -32.00 IT 10-day MA -*****.00 -45.00 TSE ST Mid Cap 801.42 +3.62 TSE ST Small Cap 667.93 -1.48 TSE ST All Share 803.77 +1.00 TSE ST China 466.25 +0.20 IOB Catalist 152.94 -1.15 iMSCI 384.36 -0.06
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 6 VOLUME Gent Intl 271,995,000 Golden Agri 221,510,000 Jade Tech 152,698,000 Sing Tel 149,782,000 Oceanus 133,343,000 DBS DBeCWOBIOI3 122,663,000 Mercator 120,578,000 DBS MBL eCWOBO9OS 92,531,000 China Honqxinq 91,028,000 Yanqzijianq 89,871,000 VALUE(S) DBS Grp 714,675,230 Sing Tel 551,568,533 UOB 505,213,182 Keppel Corp 485,325,953 Wilmar 285,651,697 Capita Land 263,050,178 SGX
      62 words
    • Article
      Lock icon RISES
      105 6 CLOSE UP ***** 100.0 0.9 iBS Bk6% NCPS 10 lardine C&C 1716 78.0 4.8 ISH 1854 73.7 3.0 IMH 3300 68.3 1.5 'aiwa FT Shariah Ja 1028 39.6 2.9 iBS Gri 1986 36.0 1.8 LD 10US$ 8706 32.8 0.3 iBS MBLJCW*****0 630 29.0 4.8 Teative Tech 670 28.0 4.4
      105 words
    • Article
      Lock icon FALLS
      119 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN OCBC Bk4.5%NCPS 100 *****-240.0 -2.3 OCBCC :.93%Pref10 9800-190.0 -1.9 >r India Ni 10 1490-144.0 -8.8 UOB 1948 -70.0 -3.5 UOB MBLJCW*****0 612 -68.0 -10.0 Sham .a Asia 2275 -49.8 -11.1 SPC 648 -42.0 -6.1 Olam
      119 words
    • Article
      Lock icon CURRENCIES
      83 6 Where S! stands Jun 6 CHNG CLOSE FRJUI15 YR2008 S$ LOW S$ HIGH uss 1.3667 0.15 1.4542 1.3457 Euro 2.1290 -0.90 2.2064 2.0474 Pounds 2.6727 -0.22 2.8431 2.6568 1.3088 -0.15 1.3235 1.2349 ren* 1.2876 0.23 1.4484 1.2832 Rupiah* 0.***** 0.21 0.***** 0.***** Baht* 4.1253 0.95 4.4299 4.1250® Peso* 3.1005
      83 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      121 7 Where the ideal partner helps you make the right moves towards a successful business event m At F SHv3B^B99m ■■1 1 I I Bfc^BSßpsi?a'?3^lSpt^r^MrjCi:^3^^^^Bß^B> Rl 111 11 I ■BSaaßcaS^n^feJml^^^Bi am 111 Bft I' ;:i:" JBW'^BI ,-i Few destinations can be the perfect stage for your business event like Singapore. As
      121 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      812 8 U.S. Manufacturer Seeks Exclusive Distributor for A^L HTIV^M^K'AII Singapore W^^^^m wU\ We are an industry leader in the environmental protection t"M ac^ory c extension industry, with some of the most »m V H"!!!^ K." 11l advanced products in the world. jjjjj'-^*"*^'^"' JzSi&W'.:.- '^^T^^^E!, *Itßs H^P^l/ "t'- and enjoy unlimited growth
      812 words
Page thumbnail Page 9
  • RISING ASIA
    • Article, Illustration
      Lock icon Transport: not all doom and gloom
      1104 9 It's a mixed outlook for the transport industry, with no clear indication for any of the sub-sectors, reports CHEN HUIFEN AS THE global air transport industry reels from the impact of rising fuel prices, many are wondering if the pain will be felt by
      BLOOMBERG  -  1,104 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      38 9 Making more possible ABN AMRO Private Banking This is the final part of a fortnightly series brought to you by ABN AMRO Private Banking 1 J^K&titouk Handing over the responsibilities of wealth is never easy. Balancing your needs
      38 words
Page thumbnail Page 10
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Triple threat for stock markets
      1458 10  -  TEH HOOI LING GLOBAL stock markets are in for a rocky ride this week as investors faced up to a triple threat oil's jump to a record above US$l39 a barrel, a troubling US unemployment report, and fast-falling consumer confidence. And Wall Street's 3 per
      1,458 words
    • Article, Illustration
      Lock icon Purchases dive as sales rise, but buyers outnumber sellers
      1192 10  -  ROBERT HALILI INSIDE MARKETS Fund manager sentiment sours, with sales in CSE, Jardine C&C, Unisteel and AEM-Evertech By BUYING activity plunged while the sales activity among directors and substantial shareholders rose last week, based on filings on the Singapore Exchange in
      1,192 words
    • Article
      Lock icon Flu bug making its rounds
      702 11  -  CHEN HUIFEN Rise in flu cases due to imported bugs, weaker immunity systems, say doctors By IT MAY be wise to pump up on your fruit intake and keep yourself amply hydrated, if you want to continue staying healthy at work in the coming weeks.
      702 words
    • Article, Illustration
      Lock icon FIGHTING – AND KISSING – IN THE NAME OF ART
      215 11  - FIGHTING AND KISSING IN THE NAME OF ART JOHN HENG JOHN HENG IN SINGAPORE, it is not often that one witnesses a catfight. But there was one yesterday, and it was a fight to the finish, with claws gleaming and fangs bared. But it was all in good fun as
      JOHN HENG  -  215 words
    • Article
      Lock icon Tharman: S'pore not headed for recession
      254 11 But there will be discomfort on the ground, he says DESPITE the growing prices of food and oil around the world, Singapore is not heading for a economic recession, Finance Minister Tharman Shanmugaratnam said yesterday. According to Channel News Asia reports, Mr Tharman said
      254 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      147 11 Franchise Opportunity =Mk-\ Build a successful future wit ft us IVplUlhLl At Wendy's International Inc., we have all the ingredients ready to find a franchisee who will bring to Singapore the gigantic flavor that has been successful around the world. pi I^^COO UAO DEEM t^^fv^=c^^=i£^~ :a~^P^;^^^2^>' ill MORE THAN PROVEN
      147 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      41 11 I Singapore's Largest Private Law School] Full-time Part-time 2 years for Graduate Entry .^^'Taoo^LO 3 years for Normal Entry {^$>tf*<^^ Admissions now open Also Available: Diploma in Law MfllNE: 6338 0300 www.stansfield.edu.sg College 11 Penang Lane (next to Dhoby Ghaut MRT)
      41 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      132 11 EVENTS LISTING DATE/ TIME EVENT VENUE June 9, '08 ISEAS Seminar on ISEAS Seminar Room 3.00pm Maritime Terrorism: 2, 30 Heng Mvi Keng Myths and Reality Terrace Pasir Panjang June 9 Indian Communities The Balcony, Level 2, July 27, '08 in Singapore National Museum of 10.00 am Singapore, 93 Stamford
      132 words
Page thumbnail Page 12
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon S'pore upgrades
      1960 12 THIS WEEK'S TOPIC Does the Urban Redevelopment Authority's Draft Master Plan live up to its ambitious vision? What do you like most about the plan, and what would you change or add? THE URA's Draft Master Plan to transform Singapore into a network of sub-metropolitan areas and a
      URA  -  1,960 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      191 12 I! -f^^C^i Book an S-Class today and receive a 1^ y Luxury Upgrade Package. vV B^S^^^^yßJ(B "f^^ 4^Afk If ever there was a car that summed up our knowledge «r 11^^^^ about the automobile, it is the S-Class. For over 50 years, f. '000^^ }j as been the choice of
      191 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      129 13 Your tomorrow E mW starts here today fJ\ Today,Business,s: 0A tf\g gOx^ MkJT*~°~ mmBM Star Hub Mobile Broadband 9f J'^ Solutions: Superior data m \y\\- V^l coverage islandwide ■^h Highest Broadband Speeds Unlimited Broadband Unlimited Roaming at a Daily Flat Rate Drive success with productivity on the go. Experience the
      129 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      11 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg
      11 words
Page thumbnail Page 14
  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon Moving ahead, by looking back
      731 14 'Nine Hills One Valley' paints a disturbing picture of present-day turmoil but presents hope for the future, reports LIM WEN JUIN ACCORDING to its director Ratan Thiyam, Nine Hills One Valley is intended to evoke a sense of "crisis" that broadly refers to the strife
      731 words
    • Article, Illustration
      Lock icon Three works that went well together
      463 14  -  UMA SHANKARI One explored self; another, sensation; and the third, space By SATURDAY'S Forward Moves came with the best of intentions. The programme, now in its third edition, served as a platform for local choreographers to showcase their works. This year's selection of artists
      463 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      167 14 llGl TOUrS NOvV* ERP gantry locations and prices jyA mr'^r Live traffic news P Starting 9 June 2008 L r W Jr a Af 11 every Monday to Friday V_k! _M Building name and block numbers -AM "GO 1 JAM f Shortest and quickest routes w i n 111 lif
      167 words
Page thumbnail Page 15
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon The draw of private banking
      872 15 Competition for direct entry into the industry is tough but other avenues are open. JASON LOW explores the stakes for recruits PRIVATE banking, which used to be a second class cousin to investment banking, has in recent years been attracting top graduates here and in
      872 words
    • Article, Illustration
      Lock icon All in a day's (team)work
      873 15 CAMPUS LIFE Mutual understanding helped SMU teammates come through gruelling contest, reports CHARM lAN KOK SHOWERING six to eight times a night, wiping out cups of cup noodles and cursing at each other these were just some of the extreme measures that team Solution Lab
      873 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
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      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
Page thumbnail Page 16
  • DINING OUT
    • Article, Illustration
      Lock icon Staying with a winning formula
      707 16  -  Geoffrey Eu NEW MENU Garibaldi 36 Purvis Street, #01-02 Tel: 6837-1468 www.garibaldigroup.com.sg NO MATTER how rustic nor how stylishly high end an Italian restaurant may be, you can bet your bottom dollar that its appeal (and therefore its survival and subsequent success) rests to some
      707 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      232 16 ImuM, W m^ at the Meritus Mandarin, with exclusive door gifts! ■k H At Triple 3, all dads will receive a miniature bottle of Loewe Eau de Toilette, on a first-come first-served basis. For a very ff A exclusive price of $s*, buy your dad a glass of wine or
      232 words
Page thumbnail Page 17
  • DINING OUT WITH citibank
    • Article, Illustration
      Lock icon An ability to segregate flavours
      982 17 POWER Lunch By JAIME EE IF there was such a thing as a pragmatic foodie, Ho Sing would certainly fit the bill. He loves food, but doesn't romanticise it or travel the world to seek the most exotic morsel. And even if he can pick
      ARTHUR LEE  -  982 words
    • Article, Illustration
      Lock icon Let Yantra be your Indian fine dining mantra
      660 17 NEW RESTAURANT Yantra 163 Tanglin Road, #01-28/33 (Access from Tanglin Mall) Tel: 6836-3088 YANTRA, a brand new Indian restaurant in Tanglin Road, is said to be inspired by ancient Eastern concepts of mythology and spirituality, but for us, the real mystery was
      660 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      23 17 Brought to you by citibank B >fcifibank cftl I X ffi™.»«® Your Citibank guide to gourmet pleasures this week r_ I J^j M
      23 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      212 17 Continue your culinary journey with more cuisine treats from Citibank Akashi Japanese Restaurant Receive a $10 return voucher with minimum spend of $120 Valid at all outlets Black Angus Steakhouse 1 dines free with every 3 set lunches ordered Orchard Parade Hotel Tel: 6734 1181 Broth Receive a complimentary glass
      212 words
Page thumbnail Page 18
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Russian president plays up US economic shortcomings
      676 18 -NYT Medvedev says that newly revived Russia could offer solutions to economic crisis [ST PETERSBURG] In his first major economic speech since becoming president, Dmitri Medvedev said on Saturday that the world might be in the throes of the worst economic crisis since
      -NYT; REUTERS  -  676 words
    • Article
      Lock icon Vietnam faces boom-and-bust cycle: analysts
      511 18 AFP [HANOI] Vietnam's economy, until recently a darling of foreign investors, has overheated and may be sliding into a boom-and-bust cycle that could require IMF-style assistance, analysts say. The economy widely hailed last year as Asia's next tiger has been battered by double-digit inflation, a
      AFP  -  511 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      158 18 if h^E|||22| f H^lF HI ft .^ft^^^^^^l^^ii^-^B^SLff-*; ft ?Trf\l A^fc^"^** for daily inspirational bm jßiStaf JJ-*^ 1 V'l Brought to you by Ermenegildo Zegna IJHE Donald Trump, Warren Buffett, Richard Branson ■SMfiP and the likes, and stay at the forefront of the '"V J fj^l. Lfi —C^l^i H I business
      158 words
Page thumbnail Page 19
  • MALAYSIA
    • Article, Illustration
      Lock icon Windfall tax burden may be eased
      732 19 Independent power producers might be able to pass on the cost to Tenaga Nasional: industry official [KUALA LUMPUR] Some power producers may be able to pass on the cost of a windfall tax to Tenaga Nasional Bhd (TNB), a senior industry official said. This
      AFP  -  732 words
    • Article
      Lock icon Govt to decide road toll cuts by Aug: paper
      262 19 Reuters [KUALA LUMPUR] Malaysia will decide on a reduction in toll rates in August after a government-appoint-ed committee completes its review of all highway concessions, the Malay-lan-guage newspaper Berita Minggu reported yesterday. The move to consider a cut in toll rates
      ■ Reuters  -  262 words
    • Article
      Lock icon Pirated disc-sniffing dog found dead: report
      273 19 AFP [KUALA LUMPUR] A dog trained to sniff out pirated discs, from a Malaysian unit which criminals have made threats against, has been found dead in the undisclosed location where it was kept, a report said yesterday. The New Straits Times said that Manny,
      AFP  -  273 words
    • Article, Illustration
      Lock icon What's needed: weaning motorists from cars
      582 20  -  S JAYASANKARAN MALAYSIA INSIGHT This will cut oil usage enormously. This also means improving public transport drastically HAVING raised fuel prices by between 42 and 60 per cent last Wednesday, Prime Minister Abdullah Ahmad Badawi advised Malaysians last Saturday to "ride it out together"
      582 words
    • Article
      Lock icon MAS starts carbon offset fund for travellers
      215 20 -AP [KUALA LUMPUR] Malaysia Airlines (MAS) last Friday launched a carbon offset programme, allowing environmentally conscious travellers to pledge a contribution to reduce the effects of greenhouse gas emission on their flights. The flag carrier and its subsidiaries, Firefly and MASwings, are the
      -AP  -  215 words
    • Article
      Lock icon KL hopes to hold new petrol prices till next March
      302 20 Reuters [KUALA LUMPUR] Malaysia hopes to maintain its new petrol and diesel prices until March next year as world crude oil prices surged to a record US$l39 a barrel, the Malay-lan-guage newspaper Mingguan Malaysia reported yesterday. Mingguan Malaysia quoted Domestic
      – Reuters  -  302 words
    • Article, Illustration
      Lock icon M'sians question steep hikes in fuel prices – on Internet
      525 20 M'sians question steep hikes in fuel prices on Internet Reuters Opposition planning to stage mass protest on July 12 [KUALA LUMPUR] Malaysians have turned to the Internet to vent their anger at one of the biggest hikes in fuel prices, and some are using it to rally support against the
      ■ Reuters; AFP  -  525 words
    • BRIEFLY ASIA
      • Article
        Lock icon Monkey god named college chairman
        59 20 -AP [LUCKNOW, India] He's a monkey, he's a god, and now he's a business school chairman. Hanuman, the popular Hindu monkey god revered for his strength and valour, has been named official chairman of the recently opened Sardar Bhagat Singh College of Technology and Management
        -AP  -  59 words
      • Article
        Lock icon Indonesia's inflation seen to rise to 12.7%
        106 20 Bloomberg [JAKARTA] Indonesia's central bank forecasts that inflation will accelerate to 12.7 per cent this month because of the government's move to raise fuel prices in May. Bank Indonesia raised its key interest rate by a less-than-expected quarter percentage point to 8.5 per
        Bloomberg  -  106 words
      • Article
        Lock icon Kumpulan to buy four Selangor water firms
        66 20 Bloomberg [PETALING JAVA] Kumpulan Darul Ehsan, the investment arm of Malaysia's Selangor state, plans to buy four water companies based in the state, including Puncak Niaga Holdings and Syarikat Pengeluar Air Selangor Holdings, for RMI2 billion (Sss billion) Kumpulan, through a special purpose
        Bloomberg  -  66 words
      • Article
        Lock icon Jakarta restricts foreign ads in media
        44 20 Xinhua [JAKARTA] The Indonesian ministries of information and tourism have issued a joint decree on the restriction of foreign advertisement in the Indonesian media. Advertisements to be shown in Indonesia must use the country's human and natural resources.
        Xinhua  -  44 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      346 19 k H CII Ivl J H Here at Manulife, the leading provider of retirement solutions, we understand that you are reaching a new stage in your life. Your retirement! All that you have worked for has paid off and it is time to enjoy new beginnings and secure a lifetime
      346 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      81 20 '^H V. ff a J COMPANY ANALYSIS W^^^r Jiftmf- l^£* STORY FOR SGX BmSmEm^Hl TS^B^^T VjAk^M^L J SrnonChEorg-ttiebwnwtdoor II i.'Fr^J1 V ler CapiL-L-id HMMMMIII I SSfJfflß STUCK PICKER H MffiH A' V Ti PLUS More Bang for your Buck Pulses: the heart of the investing community. Get your copy at
      81 words
Page thumbnail Page 21
  • GREATER CHINA/INDIA
    • Article
      Lock icon China raises reserve-requirement ratio to record high of 17.5%
      515 21 Xinhua It will be raised by 0.5 percentage points on June 15 and June 25 [BEIJING] China's central bank on Saturday ordered lenders to set aside more money as reserve, the fifth such move this year. It was the latest effort
      Xinhua  -  515 words
    • Article
      Lock icon Young people tofue ndia's capital market
      408 21 Xinhua Report talks of age advantage, golden period around 2020 [MUMBAI] Thanks to better youth "employability" and rising earnings, the period around 2020 could be some of the best years for the Indian capital market, according to a KPMG Investment Report issued yesterday. If
      – Xinhua  -  408 words
    • Article
      Lock icon Telco revamp shows up Beijing's stance
      276 21 Reuters [BEIJING] China's state-or-chestrated telecoms revamp may help wean the sector off foreign technology, but also highlights government meddling in the market that could impede firms from becoming globally competitive. The long-awaited plan reshuffles billions of dollars of assets, but keeps the world's largest
      – Reuters  -  276 words
    • Article, Illustration
      Lock icon Mumbai slum dwellers face ruin in redevelopment blitz
      618 21 Reuters [MUMBAHPrakash Kajuri is asset rich but cash poor. The Mumbai courier earns about US$6 a day delivering packages in India's most populous city but his home is sitting on land worth about US$2 million Kajuri lives in Dharavi, often described as
      – Reuters; REUTERS  -  618 words
    • Article
      Lock icon Taipei to test wireless WiMax technology
      519 21 ■AFP [TAIPEI] Residents in Taipei have been able to access wireless mobile Internet services in much of the city since a programme launched by former mayor Ma Ying-jeou was completed in 2006. However, users were frequently frustrated by glitches while surfing online. But that
      ■AFP  -  519 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      11 21 Lianhe Zaobao I Prospects for 1 banking I slocks? Hi Lsa-U
      11 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      339 21 DISCOVER SECRETS HOW ORDINARY PEOPLE WITH NO EXPERIENCE EARN $10,000 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. r\ "Within 3 months, "With no prior f% aleameds3B,ooom "I earned $IO,OOO\
      339 words
Page thumbnail Page 22
  • FORMULA ONE
    • Article, Illustration
      Lock icon Hamilton dismisses track issues
      676 22 Raikkonen describes the crumbling track surface as a 'joke' [MONTREAL, Canada] World championship leader Lewis Hamilton shrugged off concerns over the condition of the Montreal track ahead of yesterday's Canadian Grand Prix. The British McLaren driver produced a sizzling qualifying performance to take pole position by
      AFP  -  676 words
    • Article, Illustration
      Lock icon F1 teams want to keep FIA as governing body
      540 22 [MONTREAL] Formula One teams want to keep the International Automobile Federation (FIA) as their governing body despite continuing unease at the presence of Max Mosley as president. A senior figure at one of the 10 Fl teams told Reuters last Saturday
      540 words
    • Article
      Lock icon STOCKS ASIA
      2744 22 Transaction date: Jun 6 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,744 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      124 22 Stock name Close Change Cai .and 6.310 -0.050 Cai iMall 3.350 +0.010 Cit' 11.180 +0.080 Cosco Con 3.370 DBS Gri 19.860 +0.080 FSN 4.900 +0.020 Gent Intl 0.625 -0.005 HKLand 4.780 +0.080 JSH 18.540 -0.020 Jardine CSC 17.160 -0.280 tod name lose lange Kei Con 12.040
      124 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      104 22 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 9 9 0 0 0 0 9 9 0 Manufacturing 62 106 69 25 16 68 131 85 Commerce 23 40 21 12 35 46 25 >r/G ims 15 22 16 24 Finance
      104 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 155,798 155,798 724,351 724,351 Manufacturini 1,213,881 235,376 1,449,257 1,352,854 33,054 1,385,908 Commerce 310, ,272 145,776 456,048 525,103 53,028 578, 131 ]t/Stor/Comms 570,740 17,223 587,963 1,358,095 6,606 1,364,701 Finance 151,024 1,414 152,438 1,745,476 373 1,745,849 Construction 158,299 43,702 202,001 30,119
      123 words
Page thumbnail Page 23
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Democrats getting more donations from businesses
      678 23 Reuters 6 out of 10 industry sectors gave more money to Democrats [WASHINGTON] For the first time in a generation, most major US business sectors are donating more campaign money to Democrats than to Republicans, according to a political fund-raising watchdog group. Six of
      – Reuters; AP FILE PHOTO  -  678 words
    • Article
      Lock icon Abu Dhabi shifts to index funds
      206 23 Reuters [DUBAI] Abu Dhabi Investment Authority (ADIA), the world's largest sovereign wealth fund, which bought into Citigroup, will slash its hedge fund investments and increase holdings in index funds, according to a report. ADIA increasingly favours passive investments such as funds that track the
      – Reuters  -  206 words
    • Article
      Lock icon PRIME LENDING RATES
      401 23 Jun 6 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
      401 words
    • Article
      Lock icon Seoul gives 10.5twon in rebates to counter oil costs
      460 23 Bloomberg [SEOUL] South Korea's government has said that it will provide 10.5 trillion won (5513.6 million) in tax rebates and subsidies to help consumers and businesses cope with surging energy costs. The announcement came after oil posted its biggest US dollar
      – Bloomberg  -  460 words
    • Article, Illustration
      Lock icon Yale plans biggest expansion in 40 years
      516 23 Reuters It will build 2 new colleges, admit 15% more students [BOSTON] Yale University unveiled its biggest expansion in nearly four decades last Saturday, with plans to build two new residential colleges that would raise undergraduate enrolment by 15 per cent. The new
      – Reuters; BLOOMBERG  -  516 words
    • Article
      Lock icon Big trouble for Philippine economy as prices surge
      439 23 -AFP [MANILA] The Philippine economy faces a "perfect economic storm" of inflation at nine-year highs as food and oil prices soar, rising interest rates and slowing growth, analysts said here yesterday. They said inflation was unlikely to ebb soon after hitting an
      -AFP  -  439 words
    • Article
      Lock icon AXA's Asia unit eyeing more regional acquisitions
      222 23 Reuters [SYDNEY] French insurer AXA's Asia unit, AXA Asia Pacific, is looking at more regional acquisitions after its recent deal to buy an Australian financial planning business, the unit's chief said yesterday. Chief executive Andrew Perm said the Australia-list-ed firm still had around
      – Reuters  -  222 words
    • Article
      Lock icon G-8 leaders vow to fight high fuel prices
      758 24 -AP OIL CRISIS They will boost energy efficiency and investment in new technologies; urge expansion of oil production [AOMORI, Japan] The world's top industrialised nations and leading oil consumers yesterday vowed to fight skyrocketing prices by boosting energy efficiency and accelerating investment
      -AP  -  758 words
    • Article, Illustration
      Lock icon US can do little in oil supply crunch
      738 24 Oil producers are tightening their grip on their resources [WASHINGTON] Resource nationalism in oil producing countries is cordoning off valuable supplies and the United States has precious few options to battle the trend amid a looming supply crunch. As US oil prices
      REUTERS  -  738 words
    • Article
      Lock icon Oil price jump adds to pressure on growth: Lipsky
      295 24 Bloomberg [ST PETERSBURG] Oil's gain of more than US$lO a barrel on Friday is likely to slow global growth, the International Monetary Fund's first deputy managing director John Lipsky said. "This will add to the downward pressure on global growth," he
      Bloomberg  -  295 words
    • Article
      Lock icon Japanese households explore use of hydrogen fuel cells
      530 24 -AFP [TOKYO] As world oil prices skyrocket, thousands of households in energy-poor Japan are taking part in an ambitious experiment to use fuel cells to light and heat their homes. Since the prime minister's official residence became the first house in the
      -AFP  -  530 words
    • Article, Illustration
      Lock icon Rudd urges pressure on Opec to up production
      246 24 Reuters [SYDNEY] Australia's prime minister yesterday urged G-8 nations to "apply the blow-torch" to the Organisation of Petroleum Exporting Countries (Opec) and force the world's top crude oil producers to increase production. Kevin Rudd, facing voter anger over rising fuel prices, said
      Reuters  -  246 words
    • Article
      Lock icon Opec to meet only if it sees real supply threat
      246 24 Reuters [DUBAI] Opec has no plans to meet to discuss oil's surge to a fresh record, and would need to see a real supply threat to gather before the next scheduled meeting in September, an Opec source said yesterday. Oil
      – Reuters  -  246 words
Page thumbnail Page 24
Page thumbnail Page 25
  • SHIPPING/AVIATION
    • Article
      Lock icon Norden sets up management trainee scheme
      540 25  -  VINCENT WEE It will also be giving out a yearly $8,000 scholarship and an annual book prize By [SINGAPORE] Danish shipping company Norden considers itself a "modern" shipowner. As such it believes in investing in people as much as in ships. In line with
      540 words
    • Article, Illustration
      Lock icon Indian airlines fly into huge losses
      656 25 -AFP Analysts see consolidation and strategic alliances [NEW DELHI] India's crowded airline sector is flying into huge losses on the back of a surge in global fuel prices that have forced it to hike fares, slowing explosive passenger growth. Its woes pushed the airlines
      -AFP; REUTERS  -  656 words
    • Article, Illustration
      Lock icon Maritime rules reform a priority
      279 25  -  VINCENT WEE By [SINGAPORE] The Singapore National Shippers' Council (SNSC) highlighted the role it could play in fostering closer collaboration on critical issues like maritime industry regulatory reform at its 35th annual general meeting last Friday. These collaborative efforts will become especially important later this
      279 words
    • Article
      Lock icon Kingplace makes offer to buy Silverjet
      205 25 Reuters [DUBAI] A Swiss investment company yesterday said that it had made an offer to buy and relaunch Britain's business class-only airline Silverjet which collapsed last month. Ireland-registered Kingplace, which is managed by Swiss trust and management company Heritage, said that it was making
      Reuters  -  205 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2531 25 AIRLINE CODES: iA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Ov (FIN), AZ Alitalia Airiines (AZA), BA British Airways Public ttd >„„,„, u„ u U ngladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), EVA Airways Corpn (EVA), CA:
      2,531 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      367 25 CRYPTIC CROSSWORD 1 Change in fares today-tray- __^l__^l__^l__^l_^_^J__ ellers should pay attention I^H 6 Shout heard at sea from a Hjj small vessel (4) BB BB HB BB^^BB BB 9 Policy on student group to ——BM BB BB^JBH BB BB BB 10 A doctor's prophetic work BB^ Bfl BB BB
      367 words
Page thumbnail Page 26
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6112 26 Week ended: Jun 6 High »-wks Tel Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 5716 1st Software ***** tl S Si?" '18 ?il ffi FS P E 24.5 7.5 1100 AEM 42 19.5 2101 APOil '11 H-| S S <^:i US? S Hi
      6,112 words
    • Article
      Lock icon SGX XTRANET
      74 26 52-Wk Tel High Low Code Last Sale Vol COOP) Week ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** *****
      74 words
    • Article
      Lock icon SGX CATALIST
      2059 26 Hii |h Low Code Comi >an' Sale C000) Hii Low By ler Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5
      2,059 words
    • Article
      Lock icon CLOB INTERNATIONAL
      250 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      250 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jun 6 World Index Preliminan 1046.6 -1.3 -7.5 -1.2 -10.2 -0.8 -5.2 EAFE Preliminai 997.2 -1.1 -11.0 -0.5 -11.0 -0.1 -6.1 Euro[ Prelim inan 1344.1 -1.9 -12.9 -1.1 -13.2 -0.7 -8.4 Pacific
      362 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      135 27 As at 9am Jun 6 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3040 1.3190 Can dollar 1.3350 1.3510 Euro 2.1160 2.1410 Malaysian ringgit* 0.4186 0.4194 NZ dollar 1.0380 1.0600 Sterlini 2.6610 2.6910 US dollar 1.3570 1.3730 Local dollars to 100
      135 words
    • Article
      Lock icon INTERBANK RATES
      159 27 Jun 6 IS Offer Bil Overnight 3/16 1-monfh 11/16 2-months 1 3/16 3-months 1 5/16 Overnight mode: 7/16 US$ Offer 1/16 15/16 1 1/16 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.35 2.65 2.75 2.90 3.05 3.25
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 27 Jun 6 STI SIMSCI Jun 388.4 390.9 384.7 Taiwan Jun 339.2 340 337.7 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 27 Jun 6 Bid Offer 1-month 1.3632 1.3646 2-months 1.3615 1.3631 3-months 1.3604 1.362 6-months 1.3564 1.3582 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 27 Jun 6 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3080 1.3096 0.9582 0.9584 Canadian dollar 1.3391 1.3411 0.9810 0.9815 Euro 2.1286 2.1309 1.5593 1.5595 NZ dollar 1.0477 1.0495 0.7675 0.7681 jterlini 2.6688 2.6720 1.9550 1.9555 US
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      365 27 Jun 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.252 ***** 0 0 ***** ***** ***** ***** EUROYEN FUTURES JunO8 99.160 99.160 SepO8 99.090 99.090 DecO8 98.995 98.995 MarO9 98.880 98.880 JunO9 98.775 98.775 SepO9 DecO9 Mar10 99.155 99.085 98.980A 98.865 98.765A
      365 words
    • Article
      Lock icon SICOM FUTURES
      282 27 Jun 6 RUBBER Futures (Closing prices! RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 Apr/Jun 09 441.00 437.00 433.50 428.00 429.00 430.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      282 words
    • Article
      Lock icon CHICAGO BOT
      100 27 Jun 6 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1457.50 1452.00 1488.00 1448.00 Aug 08 1457.25 1454.25 1485.00 1451.00 Sep 08 1446.50 1438.50 1461.00 1439.00 Nov08 1439.50 1432.00 1460.00 1431.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 08 64.34 62.65 65.08 64.30 S.ug
      100 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 27 CRUDE OIL PRODUCTS JunS CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 123.04 0.46 WTI (Near Mth) 127.88 5.85 Dubai (1-Mth F) 117.44 -1.39 Tapis blend 129.9 -0.75 Minas 124.9 -0.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 116.77 156.00 -3.28 -2.2 US$/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 27 Jun 6 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.977 6.634 0.615 7.483 40.969 89.352 1.016 9.808 3.123 1.248 64.613 42.251 1.309 7.511 0.996 29.063 31.720 0.490 0.958 Canada 1.024 6.793 0.629 7.662 41.949
      465 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Jun 6 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****V 04.09.08 1-Year BY*****N 04.05.09 0.88 1.03 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's ah Low Hii 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon SIBOR
      77 27 Jun6 (US$) (SS) 2.***** 1.***** 6 mths 1.***** 9 mths 2.***** 12 mths 2.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 2.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.*****
      77 words
    • Article
      Lock icon PALM OIL
      65 27 Jun 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Low Vol Open Done Position Jun 08 3580 Jul 08 3590 Aug 08 3628 Sep 08 3640 Total o/p: ***** contracts 3600 3591 3570 3586 3595 3560 3600 3628 3580 3620 3640 3590
      65 words
    • Article
      Lock icon PRECIOUS METALS
      139 27 Jun 6 GOLD (USS/oz) Jun 06 Jun OS Hong Kong London 881.00 873.00 882.00 874.00 Jun 04 Jun OS 880.10 897.95 881.10 898.95 Source: Reuters CAST BAR (S$) Jun 06 Buying Sellini Kilobar "41,504.23" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      139 words
    • Article
      Lock icon LONDON METALS
      59 27 Jun6\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2913.20 3 months 2957.00 unav Copper, Grade A (US$/tonne) Cash 8129.00 3 months *****.00 Lead (US$/tonne) Cash 1932.20 3 months 1950.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 3 months *****.00 Zinc, Special High Grade
      59 words
    • Article
      Lock icon LIFFE
      79 27 Jun 6 COCOA (Btonne) Close Prev Hii ih/Low Jul 08 1560 1516 1578/1517 SepO8 1535 1494 1546/1497 Dec 08 1510 1472 1519/1479 Mar 09 1486 1446 1493/1453 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2226 2268 2276/2203 SepO8 2221 2266 2272/2204 Nov08 2212 2255 2258/2204 Jan 09 2189 2230
      79 words
    • Article
      Lock icon BONDS & WARRANTS
      4867 27 BONDS WARRANTS [el Zode Com| Last Sale +orVol Conv Exer COOP) Ratio Price Disc Gear- Mths ing Left >am >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 s ArianeCorp Ltd W*****9 J092 Asia Environment W*****4 1481 Asia Water Tech Ltd W*****0 3816 #Asiasons Capital Ltd WO***** i756 Asiatic Grp
      4,867 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      2688 28 m The Business Times fl KM B^fJffffJiiffnHWtffß-fjrfWtßßffiß f WAN HAI INTERNATIONAL PTE LTD CRN0M**********/R W r^3 Ktffi ■:!.«M^ftWtM»f»ii:giJlW[Jll.!JM.fl.lin %TT£V\ vi-« TEL *****588 (MUNES) FiUC:*****163 W JBcBSS fitfflSt.Uttli V\\M IIA/AM HAI INFV Customer Service/Bookings Direct Une (1800) *****200 M A rf^ I t,*j.*^-l^ SBBBBBB SBsHa V "TV I Irt I LIIILJ
      2,688 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      3216 29 RICKMERS-LINIE ww **^Hdp-hih-i^., Hf^T EASTERN CAR LINER. LTD I fl) £J®3Sl^ Regular Breakßulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Wm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I mca Cp rv i r p I rf WbbKLY bAmboo oAILINu oUnbUULb SLseo, I5IZI" I Z I S I
      3,216 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      3368 30 K2^ H 19 H 19 H I I ANDERSEN M*llTL« h£_L__ I fife GLORY NAVIGATION fißflUpi ■rpH^lH ISM ___*9 l^fl shipping company/ 70 Shentoii Way, #21 -03 Marina House Singapore *****8 JMt ULUIII IIHVIUHI lUH UIHIUr JHilliiifiiiliWJPiPPpMpl H| NORTH WEST EXPRESS LINE «&4*_*»U*ls«WS'*l MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS
      3,368 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      3519 31 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 SlNDestjnName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      3,519 words
Page thumbnail Page 32
  • BizIT
    • Article, Illustration
      Lock icon S'pore-based sites rated among safest in Asia
      778 32 Hong Kong, China and the Philippines are the worst in the region, reports WINSTON CHAI SINGAPORE'S reputation for being a safe and squeaky clean city is extending from the physical realm into cyberspace, with local websites being rated among the safest in the
      FILE PHOTO  -  778 words
    • <what's new>
      • Article
        Lock icon M1 unveils new mobile plans
        131 32 LOCAL operator Ml has introduced two new subscription plans ahead of the government's mandate for true mobile portability on June 13. The company's new Sunshare plan is offered to existing customers who have subscribed to its Sun Saver, Sun Saver Plus or Sun Max packages.
        131 words
      • Article
        Lock icon Trend Micro's smallbiz security package
        100 32 SECURITY software specialist Trend Micro has launched a new range of products to give small business owners a one-up in the fight against rising computer threats. Two new solutions have been introduced under the company's new Worry-Free product family. Worry-Free Secure Site is designed for
        100 words
      • Article, Illustration
        Lock icon Nokia 'blacks ouf new phones
        79 32 FINNISH phone giant Nokia has added black to the colour palette for its latest range of smart phones. The company's E9O Communicator, its highest-end PDA phone supporting multiple connectivity options like HSPA (high speed packet access and Wi-Fi) will be offered in black. The new
        79 words
      • Article, Illustration
        Lock icon Prolink shrinks new laser mouse
        97 32 PROLINK has taken the wraps off what it claims to be the world's smallest laser mouse. The company's new PML3O2M measures 75mm by 52mm and has a width of merely 29mm. Despite its small size, it boasts a high sensitivity of up to 1,600 cpi
        97 words
      • Article
        Lock icon SonicWall updates security products
        99 32  -  WINSTON CHAI SECURITY vendor Sonic Wall has released new firmware for its SSL-VPN (Secure Socket Layer Virtual Private Network) products which allow employees to securely access their corporate systems outside the office. The new 3.0 update improves the remote access administration capability in the company's SSL-VPN
        99 words
    • Article, Illustration
      Lock icon IBM's Singapore facility to increase headcount
      935 33  -  AMIT ROY CHOUDHURY ISC passes landmark of snipping the company's one millionth LTO drive By IBM Singapore's Integrated Supply Chain (ISC) facility, which passed an important milestone recently when it shipped the company's one millionth Linear TapeOpen (LTO) drive, is expecting to increase headcount
      935 words
    • Article, Illustration
      Lock icon e-Cop opens centres in Bangkok, Mumbai
      602 33  -  AMIT ROY CHOUDHURY By LOCAL info-security services provider e-Cop has extended its info-security operations into Thailand and India as it expands its presence in the Asia-Pacific. e-Cop, a winner of the National Infocomm Award in 2004, has set up a full-fledged Global Command Centre
      602 words
    • Article
      Lock icon Oil-rich nations, emerging markets lift tech industry
      470 33 Reuters [TAIPEI] Spending on information technology is set to rise despite a US-led economic slowdown, as oilrich regions, such as Russia and the Middle East spend their petrodollars on largescale IT projects. Executives from top technology companies were bullish on their prospects at
      ■ Reuters  -  470 words
    • <what's up>
      • Article
        Lock icon Gadgets galore at PC Show 2008
        75 33 PC Show 2008, Singapore's longestrunning IT fair, will be taking place from June 12 to 15. Organised by Lines Exposition, the show will again be held at the Suntec Convention Exhibition Centre and it is expected to draw hordes of gadgethungry shoppers. Last year,
        75 words
      • Article
        Lock icon Amadeus seals SIA contract
        48 33 AMADEUS has been awarded a contract by Singapore Airlines (SIA) for the deployment of its next-generation customer management platform. Under the agreement, SIA will replace its existing passenger service systems with Amadeus' Altea Customer Manage Solution. The size of the contract was not disclosed
        48 words
      • Article
        Lock icon Sun promotes Lionel Lim to Asia-Pac head
        77 33 SUN Microsystems has promoted its South Asia head Lionel Lim to senior vice-president (SVP) of the Asia-Pacific region. He takes over from Denis Heraud, who has been appointed SVP for the company's new "emerging markets" region, a geographic grouping incorporating countries such as
        77 words
      • Article
        Lock icon StarHub offers 4 free Euro 2008 matches
        104 33 STARHUB has announced that it will air four matches for the ongoing Uefa Euro 2008 tournament for free for all its cable TV customers. Besides the opening match yesterday, the company will screen the two semi-final matches, as well as the cup final,
        104 words
      • Article
        Lock icon IDC hosting conference on June 24
        90 33  -  WINSTON CHAI MARKET research firm IDC will be holding its "Digital Marketplace" conference on June 24. To be held at the Grand Copthorne Waterfront hotel, the event will provide participants with insights into the latest Web 2.0 trends and their impact on the workplace.
        90 words
    • Article
      Lock icon FCC delays free-Internet plan vote amid concerns
      215 33 Bloomberg [WASHINGTON] The US Federal Communications Commission (FCC) postponed this week's vote on whether to auction unused airwaves that would offer free wireless Internet connections. FCC chairman Kevin Martin decided last week to pull his proposal from the June 12 meeting agenda to
      Bloomberg  -  215 words
    • Article, Illustration
      Lock icon Emergence of the automated, virtual data centre
      889 34 NEW DATA CENTRE TRENDS Automation, virtualisation and energy-savings are growing concerns for businesses that rely on data centres, writes ONG BOON KIAT AS Asia's financial institutions, technology companies and service providers continue their build-out of data centres here, three key trends automation, virtualisation
      FILE PHOTO  -  889 words
    • Article
      Lock icon New technologies mean new complexities
      251 34  -  ONG BOON KIAT By WHILE data centre management is a well-developed discipline backed by longstanding industry bodies like the Uptime Institute and Telecommunications Industry Association (TIA), it continues to pose new challenges due to the emergence of new technologies. Research firm Gartner recently published a
      251 words
  • Page 32 Advertisements
  • Page 32 Miscellaneous
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      322 33 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      322 words
Page thumbnail Page 34