The Business Times, 10 June 2008
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2008-06-10
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The Business Times
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Title Section24 2008-06-10 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Tuesday, June 10,200824 words
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778 2008-06-10 1 SIOW LI SEN - SIOW LI SEN Jakarta watchdog plans legal challenge to Indosat deal; Qtel to go ahead with general offer [SINGAPORE] Indonesia's business competition watchdog may be protesting angrily, but ST Telemedia (STT) and Qatar Telecom (Qtel) are confident that there is no778 words
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716 2008-06-10 1 TEH HOOI LING - TEH HOOI LING More earnings downgrades on the cards; stagflation fears haunt Asia [SINGAPORE] Soaring oil prices and worrying economic news from the US sparked another big sell-off in equities yesterday. Japan's Nikkei 225 dropped 308.06 points or 2.1 per cent, while716 words
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MARKETS DIGEST
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Article42 2008-06-10 1 lorn lam 1 COMP 1,230.98 -17.59 IIKKEI225 14,181.38 -308.06 IANG SENG Closed ;et index 805.58 -11.75 JAKARTA COMP 2,410.77 +8.53 1ANILA COMP Closed ;eoulcomp 1,808.96 -23.35 ;henzhenb Closed IUMBAI IND 15,066.10 -506.08 12N00N EDT Cham )OW 12,297.25 +87.44 IASDAQ 2,459.09 -15.4742 words
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Article29 2008-06-10 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
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Article37 2008-06-10 1 IS$ (S$ per US$) 1.361 (USS/SS )er 1.972 2.684 :URO (US$/S$/E) 1.583 2.155 'EN 105.20 77.30 3.263 2.397 m 7.808 5.735 !AHT 33.24 24.41 lUPIAH 9,340 6,861 1ENMINBI 6.923 5.085 INDIAN RUPEE 42.88 31.50 1.037 0.76237 words
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Page 1 Advertisements
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Advertisement45 2008-06-10 1 JHE' *W fitl*-' Hl«|b-' mS I Classique Grande Complication Automatic Tourbillon and Power Reserve ***** A www.breguet.com Boutique Breguet, 328 North Bridge Road, #01-18 Raffles Hotel Arcade Singapore, tel: +65 6338 6006 PARIS CANNES GENEVA VIENNA LONDON NEW YORK LOS ANGELES DUBAI MOSCOW TOKYO SEOUL45 words
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Page 1 Miscellaneous
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Miscellaneous81 2008-06-10 1 BUSINESS INTERVIEW f^B PROPERTY BE INSPIRED I I Spore leapfrogs HK Follow your dreams, Viet market seen Zap for daily inspiration, as financial centre says Eu Van Sang boss hurting Spore firms Win a pair of Zegna PAGE 2 PAGE 5 PAGE 33 Sunglasses! PAGE 10 I B mm X81 words
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TOP STORIES
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THREE-MINUTE DIGEST
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74 2008-06-10 2 DEVELOPERS are getting ready to release mass- to mid-market condos, encouraged by the response to modestly-priced developments recently. City Developments Ltd previewed Shelford Suites more than a week ago at an average price believed to be around $1,550 psf, although CDL's spokeswoman said the74 words
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67 2008-06-10 2 JADE Technologies has pulled out from two oil trading contracts, saying that they require massive financial resources that are better applied to its new core business of coal mining. The company's group president Sam Chong Keen told BT yesterday that "this is part67 words
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50 2008-06-10 2 CHIP Eng Seng Corporation's wholly owned subsidiary Chip Eng Seng Contractors (1988) has been awarded a $123.5 million contract by the Housing and Development Board. The contract is for the construction of five 25-storey residential blocks in Sengkang. COMPANY NEWS, PAGE 450 words
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Article82 2008-06-10 2 ASIA Water Technology's unit Wuhan Kaidi Water Services has won a 152.7 million yuan (5530.1 million) contract to upgrade an existing 125,000 tonne per day wastewater treatment facility in Huangshi City in China's Hubei province. The build-operate-transfer project, which is expected to be completed82 words
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56 2008-06-10 2 WITH soaring oil prices boosting fuel surcharges, airfares are mounting and while the regional economies are strong enough to stave off any decline in travel, business and leisure travellers are trying to get more bang for their buck by opting for cheaper carriers and56 words
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87 2008-06-10 2 EMERGING economies such as China and India are not big enough to offset a likely recession in the US and weakening growth in other advanced economies, the head of Asia-Pacific sovereign ratings at Fitch Ratings, James McCormack, warned yesterday. Since most developing87 words
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78 2008-06-10 2 OIL majors yesterday blamed under-in vestment in the past 25 years for a serious demand-and-supply mismatch, saying investment has to be stepped up to tackle production and supply issues. Delegates to the 13th Asia Oil and Gas Conference in Kuala Lumpur heard78 words
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69 2008-06-10 2 SINGAPORE developers in Vietnam are likely to be affected by a cooling residential property market and tighter government regulations, research houses say. Keppel Land, Capita Land, Guocoland, Fraser Neave, Allgreen and Chip Eng Seng are six developers with residential projects in Vietnam, said69 words
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440 2008-06-10 2 JOYCE HOOI - JOYCE HOOI Survey ranks it fourth worldwide but expert says it can't stand still [SINGAPORE] Singapore climbed to fourth place on MasterCard's Worldwide Centers of Commerce Index this year, leapfrogging Chicago and Hong Kong along the way. It is now the number two440 words
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568 2008-06-10 2 GENEVIEVE CUA - GENEVIEVE CUA US offers earnings predictability and is attractive value-wise [SINGAPORE] Blackßock Investment Management vice-chairman Bob Doll believes the US market has seen the worst of the credit crisis, although the process of de-leveraging is expected to continue for another two to four years,568 words
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Article, Illustration516 2008-06-10 3 CHUANG PECK MING - CHUANG PECK MING Survey shows big drop in employment outlook from Q2 [SINGAPORE] Finance Minister Tharman Shanmugaratnam said on Sunday that Singapore is not heading for a recession. But a new poll shows caution is setting in, as employers plan: Manpower - 516 words
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Article, Illustration495 2008-06-10 3 KALPANA RASHIWALA - KALPANA RASHIWALA Dakota slated for preview this month at under $1,000 psf average, lower than earlier indicated [SINGAPORE] Developers are getting ready to release mass- to mid-market condos, encouraged by the response to modestly-priced developments recently. City Developments Ltd (CDL) previewed Shelford Suites about495 words
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Page 2 Advertisements
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Advertisement519 2008-06-10 2 Equity Derivatives Equity investments beyond the share certificate D ates Equity investments nowadays constitute more than the mere purchase and sale 8-9 July 2008 °f a single stock/share. With globalisation and demutualisation, the doors are 9 00am to 5 OOdhi °Pen or new mvestnientan(^ hedging avenues in equity. This highly519 words
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Advertisement270 2008-06-10 2 SAVE TAX Our qualified professionals W/Jk~L^ can assist you with offshore j| J structures, shelf companies ■■jjmpt&za <^ and incorporations in ALL jurisdictions including: British Virgin Islands d Cayman Islands I Bahamas J^B Seychelles I Hongkong Samoa I Full nominee, management, secretarial, banking and corporate I administration services are available.270 words
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Advertisement83 2008-06-10 2 Fantasy Waterbeds Pte Ltd XSSE& Where Sleep Matters. *^C^« Rk^SV^ Think of us as y* A Natural Anaesthetic. Ergonomically designed with rheumatic and arthritic sufferers in mind, you can experience complete holistic sleep and all the benefits that come with it. Visit our Fantasy Sleep Centre for your ultimate sleep83 words
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Page 3 Advertisements
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Advertisement308 2008-06-10 3 Only Citi Premier Miles rewards you with the most miles, fastest*: 5,000 Citi Miles on the first transaction 1.2 Citi Miles with every Ssl spent Annual bonus of up to 20,000 Citi Miles Enjoy true flexibility and total freedom in redemption. Citi Miles are redeemable for miles on most airlines308 words
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COMPANY NEWS
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521 2008-06-10 4 CHEW XIANG - CHEW XIANG Company also says there's no progress in talks with UK-based fund PCIM JADE Technologies has pulled out from two oil trading contracts, saying that they require massive financial resources that are better applied to its new core business of coal521 words
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Article, Illustration229 2008-06-10 4 LIM WEN JUIN - LIM WEN JUIN By CHIP Eng Seng Corporation's wholly owned subsidiary Chip Eng Seng Contractors (1988) has been awarded a $123.5 million contract by the Housing and Development Board (HDB). The contract is for the construction of five 25-sto-rey residential blocks inFILE PHOTO - 229 words
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763 2008-06-10 4 CHEW XIANG - CHEW XIANG DESPITE new management and new shareholders, Jade Technologies is finding its recent past difficult to shake off. New group president Sam Chong Keen yesterday revealed that negotiations with a London fund over a proposed $150 million convertible notes issue have stalled.763 words
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273 2008-06-10 4 MINING and logistics company Abterra exercised an option from Park Central Investments to buy six office units in Suntec Tower One for $31.6 million on Friday last week. The proposed acquisition of the 14,380 sq ft of space is scheduled for completion on273 words
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273 2008-06-10 4 LAN POH - LAN POH HOME-GROWN firm ST Aerospace is reported to be on the shortlist to sell 10 second-hand military helicopters to the Philippine Air Force (PAF). The UH-1H Huey helicopter gained fame after seeing action with the US armed forces, including transport functions273 words
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436 2008-06-10 4 JOYCE HOOI - JOYCE HOOI Acquisition expected to be completed byAug 31, it says LOTTVISION, a Hong Kong-based technology solutions provider for lottery and video surveillance industries, is penetrating China's Web TV market through an acquisition. It said yesterday it is acquiring China-based Tian Tian436 words
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330 2008-06-10 4 VINCENT WEE - VINCENT WEE CULTIVATING relationships is paying off for Keppel Corp, with its offshore unit Keppel Fels winning a repeat order US$l6O million contract for a semi-sub-mersible drilling tender from Seadrill Asia. The drilling tender is scheduled for delivery in the first quarter of 2011. It330 words
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Article, Illustration535 2008-06-10 5 LEE U- WEN - Richard Eu tells LEE U-WEN he wants his children to be adventurous IF NONE of Richard Eu's four children follows in his footsteps and chooses to work at their fami-ly-run Eu Van Sang International company, it wouldn't bother him in the least. TheFILE PHOTO - 535 words
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Article320 2008-06-10 8 VINCENT WEE - VINCENT WEE It will upgrade an existing 125,000 tpd Hubei wastewater treatment facility ASIA Water Technology's unit Wuhan Kaidi Water Services has won a 152.7 million yuan (5530.1 million) contract to upgrade an existing 125,000 tonne per day wastewater treatment facility in Huangshi City320 words
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303 2008-06-10 8 CHOW PENN NEE - CHOW PENN NEE VITA Holdings has called off a project to turn a new Shanghai mall into specialty shops for electrical and electronics products. It cited difficulties and delays encountered in the set-up of a legal entity in China for this project. The303 words
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COMPANY BRIEFS
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41 2008-06-10 8 CHARTERED Semiconductor Manufacturing made a strategic investment in Socle Technology Corporation, a Taiwan-based firm specialising in system-on-chip (SoC) design services and embedded platforms that reduce development time Financial terms of the investment were not announced.41 words
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Article51 2008-06-10 8 CWT has agreed to dispose of its 20 per cent stake in Cambridge Industrial Trust Management and 50 per cent stake in Cambridge Industrial Property Management to CREIM, a wholly owned investment vehicle of Oxley Group, for $9.2 million, for a gain of $7.751 words
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Article, Illustration335 2008-06-10 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI WITH the Great Singapore Sale well under way, even some airlines are trying to get in on the action. Singapore Airlines and budget carrier Tiger Airways partly owned by SIA will launch a host of promotional deals today to popularFILE PHOTO - 335 words
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Advertisement105 2008-06-10 4 The System of Rice Intensification (SRI): An Available Response to Rice Price mJ Hikes, Water Shortages, Climate I Change, and Rising Fuel Costs By NORMAN UPHOFF Professor of Date: Thursday, 12 June 2008 Government and International Agriculture; Time: 10 am-12 pm Program Leader for Sustainable Rice Venue: DBS Conference Room105 words
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Advertisement15 2008-06-10 5 THE REAL CONTINENTAL DIVIDE. J \~r-3- i-" !;*"f**r JjE,'- l -'-ff**B!MH£ptyj;.-nVi."'' ';<'■. 'S-- "■■r l A»i^Bll^BHfch15 words
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Advertisement133 2008-06-10 5 m mm^ A. ''<. m>ssjk B'f'9.iiv':l 'il K^arXTl&Xuftmm &s^?~^ffl|S HI m\/A' *»A***A HptMi|H|MMl|Mfl |Bl|kservco rpWV !':::;;r|p 'J ISS] Aw/^ I Ky^b^^SLS^^l m^^^ lea.3 E3ULJUM www.servcorp.com.sg From $90* per month! A |l No set up fees, no security deposit, month to month flexibility M Prestigious address for your business cards and133 words
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SINGAPORE MARKETS
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Article, Illustration603 2008-06-10 6 R SIVANITHY - R SIVANITHY STOCKS Bargain hunters stay away, unsure about what Wall St might do for an encore and how Hong Kong may do today AS expected, Wall Street's Friday plunge brought the sellers out in force yesterday, sending the Straits Times Index down 62.71 1Bloomberg - 603 words
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Article87 2008-06-10 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 13 1 0 0 0 2 13 1 lanufacturing 18 116 53 15 22 131 62 Commerce 43 14 47 18 'pt/Stor/Comms 28 30 10 :inance 21 21 Construction 15 'roperties 33 33 lotels/Rsts jervices87 words
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Article118 2008-06-10 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,266 22,266 107,546 107,546 lanufacturing 310,698 40,286 350,984 283,124 4,900 288,023 lommerce 36,744 30,122 66,866 59,356 10,132 69,487 'pt/Stor/Comms 85,019 2,041 87,060 240,092 746 240,838 :i nance 37,464 37,464 374,717 374,717 lonstruction 19,544 5,270 24,814 5,375 448 5,823 'roperties118 words
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Article106 2008-06-10 6 lapitaLand 6.120 -0.190 lapitaMall 3.270 -0.080 jtyDev 10.820 -0.360 losco Corp 3.290 -0.080 IBS Grp 19.500 -0.360 :&N 4.770 -0.130 ient Intl 0.605 -0.020 IK Land 4.720 -0.060 ISH 18.620 +0.080 lardineC&C 16.800 -0.360 Ceppel Corp 11.780 -0.260 Ceppel Land 5.250 -0.120 IOL 3.640 -0.150 loble106 words
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Article417 2008-06-10 6 Singapore Reits Citi, June 6 DOWNGRADING S-Reits on rising interest rates: Singapore Government 10-year bond yield has surged 100 basis points (from 2.42 per cent to 3.6 per cent) in the past two weeks. The rise came as bonds sold off on inflation fears, a key theme gripping417 words
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Article, Illustration337 2008-06-10 6 KEN TAI CHEE MING - KEN TAI CHEE MING, CHART POINT FOR the past month, we have maintained our view that traders ought to stay nimble and light-footed given evidence of a bearish head-and-shoulder formation in the STI and worsening risk/reward prospects. True to form, the STI fell 46337 words
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Article, Illustration538 2008-06-10 6 LARRY WEE - LARRY WEE CURRENCIES A SHARP rise in the US unemployment rate for May last Friday from 5 per cent to 5.5 per cent sponsored a record one-day jump of more than US$lO in oil prices and triggered a flight from the: Reuters - 538 words
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Article53 2008-06-10 6 CLOSE -539.00 -85.00 BT OB/OS BT CADI -*****.00-317.00 BT 10-day MA -*****.00 -54.00 FTSE ST Mid Cap 781.15 -20.27 FTSE ST Small Cap 656.71 -11.22 FTSE ST All Share 787.20 -16.57 FTSE ST China 452.47 -13.78 UOB Catalist 149.69 -3.25 SIMSCI 376.38 -7.98 SIMSCI Futures 375.80 -8.9053 words
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Article60 2008-06-10 6 VOLUME Gent Intl 29,550,000 Ocean us 28,596,000 Golden Agri 25,529,000 China Hongxing 24,294,000 Sing Tel 23,910,000 Unisteel 23,461,000 Li Heng 23,322,000 Jade Tech 22,252,000 SingTelMßl_ePWoBlolo 20,386,000 ChinaTaisan 16,891,000 VALUE(S) DBS Grp 102,435,720 SGX 101,643,330 UOB 92,250,860 Sing Tel 87,063,000 Keppel Corp 73,812,699 OCBC Bk 67,638,300 S I60 words
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Article103 2008-06-10 6 CLOSE UP GLD 10US$ 8935 311.6 2.6 JMH 3314 19.1 0.4 Cmdfr 10US$ 429 17.7 3.1 DBS MBLePW*****7 37.5 13.5 56.3 Unisteel 189 13.0 7.4 JSH 1862 10.9 0.4 SNP 500 163 9.0 5.8 STI 3200SGAePW*****7 32 8.0 33.3 STI 3200BNPePW*****7 26.5 7.0 35.9 STI 3100 DBePW*****1 42 6.0103 words
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Article126 2008-06-10 6 Closing prices are in trading currencies, but absolute difference is in Ss. 10 BY CENTS CLOSE DOWN 1420 -70.0 -4.7 India Ni DBS MBLiCW/*****0 570 -60.0 -9.5 OCBC Bk4.5%NCPS 100 ***** -50.0 -0.5 DBS MBL iCW*****3 704 -37.0 -5.0 Cifr 1082 -36.0 -3.2 DBS Gri 1950 -36.0 -1.i Jardine126 words
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Article84 2008-06-10 6 Where S$ stands Jun 9 CHNG CLOSE FRJun6 YR2008 S$ LOW S$ HIGH USS 1.3620 0.35 1.4542 1.3457 Euro 2.1516 -1.05 2.2064 2.0474 Pounds 2.6890 -0.61 2.8431 2.6568 AS 1.3093 -0.04 1.3235 1.2349 Yen* 1.2871 0.04 1.4484 1.2832 Rupiah* 0.***** 0.40 0.***** 0.***** Baht* 4.0975 0.68 4.4299 4.0750® Peso*84 words
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Advertisement342 2008-06-10 7 --^J f r 7 Ji «^r About McCoy Components A M leading edge components, services and solutions to l\/fl M" m mW^r enhance customer long term value. This is empowered McCoy Components Pte Ltd, is a leading distributor of I I bY McCoy's Unique Eco-System (McCoy Connect electronic components, which342 words
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Advertisement490 2008-06-10 8 /4?> Get your Rabobank Warrant IO IUI Highlights daily via email. Vffßlvl mr Visit www.rabowarrants.com.sg or gi*l*ysmlflj& ftj| emailwarrants@rabobank.com SINGAPORE EXCHANGE RB ECWOBII2B (FSOW) DBS RB EPWOBI2IB (FOFW) SINGAPORE EXCHANGE LTD Call DBS GROUP HOLDINGS LTD Put Exercise Price 558.20 Exercise Price S$ 19.00 L Expiry Date 28 November 2008490 words
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Advertisement486 2008-06-10 8 A Dave Ulrich Exclusive based on 3 of his greatest subjects that enhance business value HI THE HR VALUE PROPOSITION ESBHEZSI The industry revered blueprint on advanced strategies that help HR professionals create and deliver sustained value to key internal and external stakeholders, improving Ihe market and financial performance of486 words
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SINGAPORE NEWS
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Article, Illustration515 2008-06-10 9 ANNA TEO - ANNA TEO It takes 9th place for personal safety; 32nd for quality of living IN the global quest to woo foreign talent, a good 30 cities are placed above Singapore in terms of quality of living, going by consulting firm Mercer's latest515 words
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281 2008-06-10 9 SINGAPORE broadcast technology firm PGK Media and Broadcast Australia have jointly created a mobile TV company named Singapore Digital. The joint-venture will be ma-jority-owned by Broadcast Australia, a wholly owned subsidiary of Australian Stock Exchange-list-ed Macquarie Communications Infrastructure Group. The company said281 words
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364 2008-06-10 9 ONG BOON KIAT - ONG BOON KIAT FIFTY-SIX teams from 17 countries will do battle in a next-generation multimedia search technology contest that kicks off this Sunday. The team with the best-designed search engine for trawling through multimedia data such as Flickr photos and You Tube video364 words
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Article, Illustration151 2008-06-10 10 ABN Amro, Singapore's oldest existing bank, held an internal celebration yesterday to mark its 150 th year here. The bank was awarded Qualifying Full Bank status by the Monetary Authority of Singapore in October 1999. Today, it has five Van Gogh Preferred BankingABN AMRO - 151 words
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536 2008-06-10 10 NISHA RAMCHANDANI - NISHA RAMCHANDANI Some companies are increasingly relying on online booking tools WITH soaring oil prices boosting fuel surcharges, airfares are mounting and while the regional economies are strong enough to stave off any decline in travel, business and leisure travellers are trying to get536 words
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Article, Illustration52 2008-06-10 10 ORCHARD Road's heritage comes to life on LED walls and innovatively lit columns at lON Orchard's Orchard Boulevard entrance, which will open today. The new entrance cum walkway, which commuters and shoppers can use to access Orchard Boulevard and Orchard Turn, is the mall's second at Orchard52 words
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Article162 2008-06-10 10 THREE additional members have been appointed to the board of the Economic Development Board (EDB), taking the number of board members to 15. The newcomers are: Gautam Banerjee, executive chairman of PricewaterhouseCoopers Singapore; Erik Peyrer, vice-president of Asia-Pacific and Middle East business development at162 words
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SINGAPORE ROUNDUP
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73 2008-06-10 10 ACTING Minister for Manpower Gan Kirn Yong will lead a tripartite delegation to attend the 97th session of the International Labour Conference in Geneva, which began yesterday and will last until tomorrow. He will speak today on Singapore's Continuing Education and73 words
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88 2008-06-10 10 CASE announced yesterday that a High Court action commenced against Global Europ (Asia) Pte Ltd on Sept 3 last year was resolved on May 14 with parties entering consent judgment without proceeding to trial. Under the judgment, Global Europ was declared to have engaged88 words
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384 2008-06-10 10 LEE U- WEN - LEE U-WEN THE Singapore Police Force has launched two new initiatives to further strengthen the safety and security of the commercial sector in Singapore. The first is the Industry Safety and Security Watch Groups, which will address related concerns and share best practices384 words
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Advertisement135 2008-06-10 10 ZAP LU m l± |HK| for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a pair of Ermenegildo Zegna Sunglasses worth $600! To Zap:135 words
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EMERGING ENTERPRISE
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Article, Illustration663 2008-06-10 11 CHARMIAN KOK - It is looking forward to a third-party view of its financial health and business model, especially on management structure and funding, writes CHARMIAN KOK THE winds of change that have swept through the electronics industry in recent times have not made things easy for663 words
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Article, Illustration596 2008-06-10 11 CHARMIAN KOK - For BID Trading, financing has been relatively easy to cope with, leading the baby-product firm to prosper, reports CHARMIAN KOK FOR small and medium enterprises (SMEs), trade financing can be one of the toughest and most complex forms of financing around especially for emerging enterprises. CopingJOHN HENG - 596 words
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Advertisement65 2008-06-10 11 I tftfS 1 i l* f Z V^Mflfflf"lff.T— P^«*K V ©OCBC Bank Actual credit limit assigned depends on the amount of collateral pledged and the financial standing of the applicant. **48 hours from application submission to approval. Applicable to Trade Lite only. Approval for Trade Ultimate will take 72 hours.65 words
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Advertisement21 2008-06-10 11 /"^7 Emerging I f^J Enterprise A *2008 Presented by THE BUSINESS TIMES OCBC Bank Supported by \hp\ RSMChioLim EreMTOE^rcs NUS Enterprise21 words
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SMEspotlight
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Article, Illustration1134 2008-06-10 12 JOANNE CHIEW - SMALL CAPS A bold move by the executive chairman of China Sunsine and his colleagues to initiate the acquisition of the state-owned firm where they were working changed their lives forever, reports JOANNE CHIEW EVEN before the term "corporate responsibility" was coined, Mr Xv Cheng Qiu,1,134 words
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414 2008-06-10 12 TEH HOOI LING - TEH HOOI LING By IN line with the sell-down in the overall market, our small cap portfolio ended 2.7 per cent lower than last week. It proved slightly more resilient than the Straits Times Index which shed 3.3 per cent during the same period. Only414 words
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Advertisement166 2008-06-10 12 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, giving166 words
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Advertisement14 2008-06-10 12 Lianhe Zaobaol UnionPcty cards I can be used I in Taiwan I from August14 words
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Advertisement24 2008-06-10 12 BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. NOTICES 124 words
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SME BUSINESS TOOLS
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Article, Illustration1345 2008-06-10 13 OH BOON PING - It is an important factor in new businesses but is one area that is often overlooked, writes OH BOON PING TO most businesses, profits and profit margins are perhaps the key statistics in its financial report card, but there is another area that should not beJACQUELINE PHUA - 1,345 words
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Advertisement142 2008-06-10 13 T%t\f*fM%£\ /AllC+ A Recognised around the globe, CPAs D6COITI6 QWr M \MUSIiJ have the credibility and versatility to I m work in any industry, in any position, I FinCl Ollt HOW. anywhere in the world. 1 KgjQ ff^TT^^ Students with an accredited degree from I 14 June I 24 June142 words
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SME SPOTLIGHT
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Article, Illustration947 2008-06-10 14 Small is beautiful and nimble IT research firm Springboard exploits its low-cost set-up to tap into small markets, reports lAN POH ONE would be hard pressed to find someone who hasn't heard of burgeoning economic powerhouses such as India and China. This is for a good reason: India and China947 words
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Article750 2008-06-10 14 IT MATTERS When investing in IT security, SMEs have to balance affordability with the potential damage that would be caused by the loss of valuable information MORE and more companies are using computers as a strategic business tool. So it is vital to make sure their IT750 words
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Article, Illustration570 2008-06-10 14 NISHA RAMCHANDANI - NISHA RAMCHANDANI PRO-ENTERPRISE CHANGES THE regulator for businesses and public accountants, Accounting and Corporate Regulatory Authority (Acra), is investing $3 million to upgrade its electronic registration service, BizFile, to meet the varying needs of the dynamic business community and promote a pro-enterprise movement in570 words
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Advertisement237 2008-06-10 14 DISCOVER SECRETS HOW ORDINARY PEOPLE WITH HO EXPERIENCE EARN $10,000 MONTHLY ■HiBiIiHBIHiH 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. Q "Within S months, f\ "With no prior aleameds3B,oooin "I earned237 words
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Advertisement53 2008-06-10 14 Air Astana the National Carrier of Kazakhstan offers flights from To book and buy contact your travel agent Bangkok (3X Weekly), or Air Astana at +65 6223 8377 Beijing (fix weekly) and For **ST f website Seoul (2x weekly) to domestic Kazakhstan and Europe via Almaty 3JT 35t3113 on Boeing53 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration659 2008-06-10 15 CHRISTOPHER LIM - Its opening allows The Substation to better host events like Rock the Sub, writes CHRISTOPHER LIM THE Substation has been a fixture on the local fringe arts and music scene since it was founded in 1990. But while it has filled aJOHN HENG - 659 words
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489 2008-06-10 15 LIM WEN JUIN - LIM WEN JUIN FEW would say that motor vehicles are the most aurally pleasing of things, particularly anyone who happens to live beside a busy road, but, as Auto Auto showed on Sunday night, with a little bit of increasingly violent coaxing from two489 words
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Page 15 Advertisements
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Advertisement88 2008-06-10 15 There's no reason why business trips cant still be first class. Pan Pacific Kuala Lumpur )jfc ite 4T International Airport 4fi Pan Pacific Singapore g "Asia's Best Airport Hotel 2008" "World's Leading Business Hotel 2007" (7 years running) J^ World Travel Awards Js^ 'vr'^tti Business Asia Magazine iik«J^ vkkMfe^F Pan88 words
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ECONOMY WATCH
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306 2008-06-10 16 Bloomberg [TOKYO] Japan's longest post-war expansion may be over, as record crude oil and raw materials costs discourage companies from hiring and spending, a government report showed. The government downgraded its evaluation of the coincident index, a measure of current economic activity, after the gaugeBloomberg - 306 words
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Article, Illustration781 2008-06-10 16 Bloomberg Key challenge is to prevent ongoing inflation: IMF official [MOSCOW] Inflation is now the biggest threat to the global economy as the credit crisis starts to recede, according to executives and officials who met in Russia over the weekend. "IBloomberg; REUTERS - 781 words
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574 2008-06-10 16 CONRAD TAN - CONRAD TAN Advanced countries' weakness will hit growth in emerging markets: Fitch [SINGAPORE] Emerging economies such as China and India are not big enough to offset a likely recession in the US and weakening growth in other advanced economies, the head of574 words
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244 2008-06-10 16 Reuters [DUBAI] Oil's rapid acceleration toward US$l5O a barrel threatens to spur Gulf Arab inflation to new records as currency pegs to the ailing US dollar prevent them from mopping up excess liquidity. As Gulf central bankers were meeting in Doha yesterday, the oil priceReuters - 244 words
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Page 16 Advertisements
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Advertisement74 2008-06-10 16 BE THE FIRST TOKNOW Breaking 1 nevus/ Monthly Subscription Rate English SMS Alert Business Finance News @$5.35/mth Singapore News @$4.28/mth World News @$4.28/mth Chinese SMS Alert Chinese News @$4.28/mth Soccer Info/News @$5.35/mth Dial #155 to sign up now and enjoy the first 30 days' subscription FREE! Service exclusive to Sing74 words
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Advertisement81 2008-06-10 16 /m AjOEYQUEK, 18 I* Student ■M Enjoys blogglng, and using ■'^f IM/scclal networking sites as a form /of netwoiidng among her peers. -^JOHNLIM, 55 /T Self-Employed I _t, Subscribes to local I and international /T^EbN news sites for the latest news update >< n around the .4»irki»^K world. Tll eA81 words
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Advertisement18 2008-06-10 16 -the *rand new morning showStarting 9 June 2008 every Monday to Friday 6AM to 10AM i Z 5 —~*>18 words
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Advertisement18 2008-06-10 16 I german girl shrine T Local information local content Find whatever you're looking for in Singapore red iano.sg18 words
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MALAYSIA/INDONESIA
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Article, Illustration442 2008-06-10 17 Reuters [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage public anger over a steep hike in fuel prices, said yesterday that government ministers will take a 10 per cent cut in allowances. Mr Abdullah also said that ministers' overseas holidays willReuters; REUTERS - 442 words
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500 2008-06-10 17 PAULINE NG - PAULINE NG BP, Petronas vow to boost spending to tackle production and supply issues By in Kuala Lumpur OIL majors yesterday blamed under-investment in the past 25 years for a serious demand-and-sup-ply mismatch, saying investment has to be stepped up to500 words
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BRIEFLY ASIA
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Article48 2008-06-10 17 Reuters [NEW DELHI] India's economy is expected to grow 8.5 per cent in the fiscal year ending March 2009. Also, the government's target for direct tax receipts for 2008/09 would be revised upwards from the current 3.65 trillion rupees (Ssl 15.2 billion).Reuters - 48 words
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Article41 2008-06-10 17 Xinhua [JAKARTA] Indonesia will not get a refund from the US$9 million that it has invested in the Organization of Petroleum Exporting Countries although the country plans to quit membership very soon, an official said yesterday.Xinhua - 41 words
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61 2008-06-10 17 Bloomberg [JAKARTA] PT Bumi Resources surged 7 per cent to end PT Telekomunikasi Indonesia's 13-year reign as Indonesia's biggest company by value. Bumi advanced 550 rupiah (eight Singapore cents) after saying it had discovered 442 million tons of new coal reserves that may helpBloomberg - 61 words
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31 2008-06-10 17 Reuters [NEW DELHI] India's leading telecom services firm, Bharat Sanchar Nigam, will cut mobile and fixed-line domestic call rates by up to half from tomorrow.Reuters - 31 words
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43 2008-06-10 17 Reuters [TAIPEI] The Taiwan government will raise electricity fees by an average of 13 per cent in early July, the Commercial Times reported yesterday. Taiwan Power will raise household electricity prices by an average of 7 per cent.Reuters - 43 words
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188 2008-06-10 17 ■Reuters [JAKARTA] PT Adaro Energy, Indonesia's second largest coal miner by volume, has raised US$l.32 billion in the country's largest ever initial public offering after pricing the shares near the top end of the indicated range. Adaro is offering 34.8 per cent of■Reuters - 188 words
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Article2242 2008-06-10 17 VOL C000) Jun 9 RM M Realty 0.58 \bricBhd 0.15 Advance Synergy 0.11 \dventa Bhd 1.17 \e Multi Hldgs 0.24 \ffin Holdings 2.01 \hmad Zaki Resou 0.80 \icCorp 0.52 \irasia Bhd 0.89 \kn Technology 0.45 Mliance Financi 2.91 Muminium Co 1.03 Amalgamated Ind 0.53 \mmb Hldgs Bhd 3.582,242 words
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Page 17 Advertisements
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Advertisement27 2008-06-10 17 ]£j iiJ3 WanJ jJ3JI/3jj tot nJJ iiiii^ja jjjJiJ i)U£j]ji3£i£f irtjyabjy v i _Ms nltfl HI nun ■k tak r^L3?li 175 A Chin Swee Road Singapore *****9 reservations@hotelre.com.sg27 words
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GREATER CHINA
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Article, Illustration527 2008-06-10 18 AFP [MACAU] Gambling innovators are betting on creating culturally-specific slot machines and computerised games to lure Asian players away from well-worn seats at the baccarat tables to more profitable pursuits. In the face of rocketing labour costs and a need to diversify gamingAFP - 527 words
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702 2008-06-10 18 Reuters Banks will hold on to funds since the hike is bigger than expected: analysts [SHANGHAI] Stronger-than-expected monetary tightening announced at the weekend by China's central bank suggests the authorities are scrambling to prevent reconstruction work after last month's earthquake fromReuters - 702 words
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INDIA
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Article, Illustration276 2008-06-10 18 Reuters Both want to keep current management largely unchanged [MUMBAI] India's Reliance Communications and South Africa's MTN are negotiating the ratio for a share swap, The Economic Times said yesterday, aimed at creating a global top-10 telecoms firm. "Although both are learnt toReuters - 276 words
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736 2008-06-10 18 Reuters It will freeze plans for 1,500 petrol stations; focus on upstream expansion [KUALA LUMPUR] India's top oil explorer, Oil and Natural Gas Corp (ONGC), expects to pay nearly US$9 billion to fund subsidies for cheap fuel this fiscal year, up 70Reuters - 736 words
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374 2008-06-10 18 Bloomberg [NEW DELHI] India's widening current account deficit and slowing capital inflows from overseas have denied policy-makers the option of letting the rupee gain to curb inflation, according to Fitch Ratings. The local currency this year has pared more than halfBloomberg - 374 words
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Article, Illustration1010 2008-06-10 19 SOMINI SENGUPTA - -NYT [GURGAON, India] WHEN the scorch of summer hit this north Indian boomtown, and the municipal water supply worked only a few hours each day, inside a high-rise tower called Hamilton Court, Jaya Chand could turn on her kitchen tap around the clock,-NYT; AP - 1,010 words
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Article8313 2008-06-10 19 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.252/ AIGIF S'pore Bond Fund/ A 1.327/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.04/ APS Alpha Fund (USD) 0.76/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9768/ APS Komaba8,313 words
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Page 18 Advertisements
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Advertisement2271 2008-06-10 18 iINDIABULLS PROPERTIES INVESTMENT TRUST OFFERING IN RESPECT OF 262,483,183 COMMON UNITS (THE "COMMON UNITS") OVER-ALLOTMENT OPTION AND STABILISATION Premier India Office Space Trust '^^SSISSSSSSSSSSSST ££™X^^^^^Z^^SS. T iniT, OFFERING PRICE. Ssl.oo PER COMMON UNIT Financial Advisers, Bookrunners and Underwriters have been granted by Ariston Investments Limited, Offering exposure to the booming2,271 words
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Page 20 Advertisements
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Advertisement7545 2008-06-10 20 Latch Holding (Labuan) Limited Unisteel Technology Limited (Incorporated in Labuan) (Incorporated in Singapore) (Registration Number: LL*****) (Registration Number: *****3350 D] JOINT ANNOUNCEMENT PROPOSED ACQUISITION OF UNISTEEL TECHNOLOGY LIMITED BY WAY OF A SCHEME OF ARRANGEMENT 1. Introduction The respective directors of Unisteel Technology Limited ("Unisteel"] and Latch Holding ILabuan) Limited7,545 words
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ASIA-PACIFIC/WORLD
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Article, Illustration592 2008-06-10 21 ANTHONY ROWLEY - ANTHONY ROWLEY PM's vow precedes G8 summit; lEA hails Tokyo's progress on energy conservation AS host nation of this year's Group of Eight (G8) summit, Japan will take a world leadership role on reducing greenhouse gas emissions and conserving energy, Prime MinisterREUTERS - 592 words
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455 2008-06-10 21 Reuters, uwomoerg LATEST US DATA [NEW YORK] The US labour market declined in May to the weakest in three-and-a-half years and is likely to deteriorate further, the Conference Board said yesterday as it launched a new leading indicator for employment. TheReuters, uwomoerg - 455 words
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Article167 2008-06-10 21 -Reuters [FRANKFURT] Korean technology group Samsung launched a new touchscreen smartphone yesterday, hours before Apple chief executive Steve Jobs was expected to announce a new version of the iPhone. Like the iPhone, Samsung's Omnia aims to make Internet browsing easy, and has a wide screen for-Reuters - 167 words
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233 2008-06-10 21 Reuters Sky City has a near monopoly on casinos in NZ [WELLINGTON] New Zealand casino operator Sky City Entertainment Group said yesterday it would spend Asso million (5565.7 million) on developing a resort in Darwin, Australia. Sky City said itReuters - 233 words
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Article, Illustration691 2008-06-10 21 Reuters [ZURICH] Hosted by Switzerland and Austria, the Euro 2008 football tournament lacks the bling of previous events, as Victoria Beckham and her posse of footballers' wives and girlfriends aren't expected. But even if Beckham and the WAGs stay at home withReuters; REUTERS - 691 words
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485 2008-06-10 21 Bloomberg [NEW YORK] Lehman Brothers Holdings Inc, the fourth-largest US securities firm, yesterday reported a record US$2.B billion sec-ond-quarter loss and said it will raise US$6 billion in capital in a public offering. Lehman fell as much as 11 per cent in NewBloomberg - 485 words
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490 2008-06-10 21 Reuters, Bloomberg Weakening stock a thumbs-down sign for management [FRANKFURT] Shares in Switzerland's ÜBS wobbled yesterday as the bank's rights issue stuttered towards the finishing line. ÜBS once a rock of Swiss financial prowess but now Europe's biggest loser in theReuters, Bloomberg - 490 words
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WORLD
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754 2008-06-10 22 Bloomberg Moody's, S&P, Fitch could be prohibited from advising investment banks on asset-backed securities [WASHINGTON] The US Securities and Exchange Commission may recommend this week that Moody's Investors Service, Standard Poor's and Fitch Ratings be prohibited from advising investment banks on how to earnBloomberg - 754 words
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Article, Illustration425 2008-06-10 22 Reuters [NEW YORK] Banks crucial to the global financial system should operate under a unified regulatory framework with appropriate requirements for capital and liquidity, the president of the New York Federal Reserve wrote in the Financial Times. "We are examining what frameworkReuters - 425 words
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Article, Illustration525 2008-06-10 22 Bloomberg [SINGAPORE] Diesel, the world's most-used transport fuel, is so prized by traders that they will pay the biggest premiums in at least 15 years to buy it. Because refiners cannot make enough, diesel sells for US$l45 a ton, or 14 perBloomberg; REUTERS - 525 words
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Article, Illustration651 2008-06-10 22 – Robert Kubica - -AP FORMULA ONE Hamilton crashes into Raikkonen at a red light [MONTREAL] Now that he's got that first Formula One victory in his pocket, Robert Kubica wants more a lot more. "The goal was to win a grand prix this season and we-AP; REUTERS - 651 words
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367 2008-06-10 22 Reuters [DUBAI] Opec members saw no need on Sunday to pump more oil in response to last week's double-digit surge in oil prices to over US$l39 a barrel that top exporter Saudi Arabia described as unjustified. More pain was coming forReuters - 367 words
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228 2008-06-10 22 Bloomberg [ZURICH] Stocks, property and commodities are overvalued as an economic slowdown and inflation will curb earnings growth and erode the value of assets, investor Marc Faber said. Oil may have peaked after a 43 per cent increase this year, said Mr Faber, the Gloom, BoomBloomberg - 228 words
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Page 22 Advertisements
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Advertisement45 2008-06-10 22 I Singapore's Largest Private Law School] Full-time Part-time 2 years for Graduate Entry .^^^T^o^u e< O 3 years for Normal Entry t °^cotse Admissions now open Also Available: Diploma In Law HOTLINE: 6338 0300 www.stansf!eld.edu.sg [istansfiekf College 11 Penang Lane (next to Dhoby Ghaut MRT)45 words
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AVIATION
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Article, Illustration626 2008-06-10 23 Reuters Hopes fly high for direct travel deal as they meet for the first time in 9 years [TAIPEI] Negotiators from China and Taiwan meet this week for the first time in nine years but backsliding on the only item allowed onReuters; REUTERS - 626 words
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360 2008-06-10 23 Bloomberg [TAIPEI] China Airlines and EVA Airways Corp, Taiwan's largest carriers, will cut as much as 10 per cent of flights as they struggle to cope with jet fuel prices that have doubled in a year. China Airlines is axing 100 passenger flights aBloomberg - 360 words
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368 2008-06-10 23 Reuters [ST PETERSBURG, Russia] New plane orders are on a "knife edge" as high energy prices slash demand, a senior Boeing executive said over the weekend. Boeing's order book, however, has been supported as airlines urgently seek more efficient models to replace inefficient– Reuters - 368 words
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289 2008-06-10 23 Bloomberg [SINGAPORE] Deutsche Lufthansa AG, Europe's sec-ond-largest airline, plans to expand capacity to Asia-Pa-cific 6 per cent this year on surging travel demand. Lufthansa is adding flights to China and India to tap demand in the world's two-most populous nations, Uwe Mueller, the carrier's AsiaBloomberg - 289 words
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Article2477 2008-06-10 23 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,477 words
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Page 23 Advertisements
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Advertisement132 2008-06-10 23 BT/ZUJI Deals of the Week BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from Dubai $1,650 $840 $72 Thai Airways Thai Airways DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $500 (Swiss International) $130 (Swiss International) $29 TSljjjf Rain Beijing $1,079 (Garuda Indonesia) $418 (Garuda Indonesia) $11 Rain132 words
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Page 23 Miscellaneous
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Miscellaneous334 2008-06-10 23 CRYPTIC CROSSWORD ACROSS 1 I could be a red, for example n —n —i r> —I nj —H7—^k—^v;—^ >f— I I I ■l- I I 9 Very popular everybody at- HH^ tending drank a gallon! —^H——^H——^J——^J——^J——^^^^J— 10 Story and a collection of books by professional (10) I" I Hfl 11334 words
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SHIPPING/TRANSPORT
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Article, Illustration1010 2008-06-10 24 -NYT Shipping rates benchmark up 365% since mid-2006 on demand surge [LONDON] The prices of wheat, soybeans and iron ore have surged in the last two years, but that is nothing next to the surging cost of shipping goods like these.-NYT - 1,010 words
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328 2008-06-10 24 leuters [PARIS] The port of Dunkirk in northern France on Friday gave EDF the green light to build one of Europe's biggest liquefied natural gas terminals, set to handle six billion cubic metres of gas annually from 2012. "The board of theleuters - 328 words
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215 2008-06-10 24 Bloomberg, Reuters [DUSSELDORF] Shareholder representatives on TUI AG's supervisory board will meet today to discus options for disposing of the company's Hapag-Lloyd shipping unit. The sale process will open later this week or at the start of next week with the distribution of informationBloomberg, Reuters - 215 words
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203 2008-06-10 24 Reuters [VLADIVOSTOK, Russia] Dockworkers on Russia's Pacific coast staged a one-day walkout on Sunday to demand pay rises to keep up with double-digit inflation. Workers in Nakhodka and Vostochny in the Primorsky region, 9,500 kilometres east of Moscow, massed in the ports to protest about lackReuters - 203 words
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Article, Illustration550 2008-06-10 24 AFP Protests in Portugal, France, Spain come as French fishermen end 3-week strike [MADRID] Tens of thousands of truckers in Spain, France and Portugal yesterday stepped up protests against rising fuel prices, causing mayhem on highways and blocking border crossings. HugeAFP - 550 words
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388 2008-06-10 24 Bloomberg [PARIS] French railway workers and other public service employees will go on strike today to protest government plans to cut jobs in the education, transport and other sectors. Societe Nationale dcs Chemins de Fer Francais, France's state-owned railway operator, said thatBloomberg - 388 words
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EDITORIAL & OPINION
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456 2008-06-10 25 THE practice of short-selling has always been controversial since it involves selling shares not owned; it's done either by borrowing them for delivery from a third party or simply buying them back later at a lower price. Critics believe that "shorting", as the activity456 words
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Article, Illustration1154 2008-06-10 25 PAUL RICHTER - PAUL RICHTER -LATWP Soaring prices, along with a weak dollar and an oil-guzzling Asia, are souring relations FOR decades, Saudi Arabia worked with its dominant customer, the United States, to keep world oil markets stable and advance common political goals. But the surging price-LATWP; AP - 1,154 words
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Article, Illustration801 2008-06-10 25 PAUL KRUGMAN - PAUL KRUGMAN -NYT THE BOTTOM LINE FERVENT supporters of Barack Obama like to say that putting him in the White House would transform America. With all due respect to the candidate, that gets it backward. Mr Obama is an impressive-NYT - 801 words
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Article, Illustration1258 2008-06-10 26 IVAN P L PNG; HANS TJIO - IVAN P L PNG HANS TJIO The current review of the relevant Acts is a good opportunity to fix anomalies and match international best practice SOUND corporate governance is key to the integrity of our securities markets. Corporate governance in Singapore is founded on the1,258 words
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818 2008-06-10 26 ROGER COHEN - ROGER COHEN PERHAPS there's something to treadmill wisdom. We're all so narrowband these days, using the vast resources of broadband to direct ourselves into a chosen ideological and news tunnel. Polarised pluralism defines us. But the scattershot offerings of the gym's lateral TV818 words
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Article495 2008-06-10 26 LETTER TO THE EDITOR WE refer to the letter by Tan Cheong Meng, "Star Hub should explain why it can't cut fees" (BT, June 5), and the preceding commentary by Lee U-Wen, "More transparency will better serve Star Hub" (BT, June 4). As495 words
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SINGAPORE STOCKS
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Article8366 2008-06-10 27 Transaction date: Jun 9 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil Hii Com[ 5716 1st Software 22 65 3148 STelecom 285 85 5834 A-Sonic 110 100 6389 ABF SG Bond ETF8,366 words
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Article82 2008-06-10 27 52-Wk Tel h Low Code Last Sale Vol Cooo) Day lh 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 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****82 words
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Article1887 2008-06-10 27 Hii |h Low Code Comi >an' Sale COOO) Hii Low Bu1 fer Seller C'vr P/E $mil 20 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac1,887 words
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Article209 2008-06-10 27 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer209 words
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Page 27 Advertisements
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Advertisement44 2008-06-10 27 ROYAL OAK COLLECTION WHERE EXTREMES MEET 7 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED >^$^^^^!~^^^^^^: s -;;.i^.r ~"---J "--■■if**!^' 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 -*few^i^^r-—'^^K Js' "W-^Bs^^ >V Internet: Http://www.audemarspiguet.com jj"^- '^^li!^T^^T"*^ ''^V" i '■.\t"C-j'S<^44 words
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FINANCE & COMMODITIES
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360 2008-06-10 28 %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[ Preliminan 1344.1 -1.9 -12.9 -1.1 -13.2 -0.7 -8.4 Pacific 895.9360 words
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Article128 2008-06-10 28 As at 9am Jun 9 >f foreign currency: Currencies Bid Offer mst dollar 1.3030 1.3180 .an dollar 1.3310 1.3470 luro 2.1390 2.1640 Malaysian ringgit* 0.4169 .4175 IZ dollar 1.0390 1.0610 iterlini ind 2.6680 2.7000 JS dollar 1.3550 1.3710 .ocal dollars to 100 units if foreign currency:128 words
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Article23 2008-06-10 28 Jun 9 ten STI ilMSCI Jun 375.8 376.2 375.8 "aiwan Jun 328.4 329 326.9 Source: MF Global (S) Pte. Ltd23 words
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Article156 2008-06-10 28 Jun 9 ler Overnight 5/16 I-month 11/16 2-months 1 3/16 3-months 1 5/16 Overnight mode: 3/8 USS Offer 3/16 15/16 1 1/16 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.35 2.65 2.75 2.85 3.00 3.20 3.35 Offer156 words
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Article21 2008-06-10 28 Jun 9 Bid Offer 1-month 1.3589 1.3603 2-months 1.3572 1.3587 3-months 1.3560 1.3575 6-months 1.3522 1.3539 Source: OCBC21 words
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Article157 2008-06-10 28 Jun 9 Against SS Zurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.3121 1.3139 0.9642 0.9647 Canadian dollar 1.3392 1.3407 0.9842 0.9843 luro 2.1536 2.1556 1.5826 1.5827 IZ dollar 1.0478 1.0491 0.7700 0.7703 aterlini ind 2.6827 2.6855 1.9714 1.9717157 words
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Article360 2008-06-10 28 Jun 9 URODOLLAR FUTURES un08 jep08 Dec08 Vlar09 97.280 97.105 96.890 96.785 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Iun08 99.160 99.160 Jep08 99.115 99.120B Dec08 99.045 99.050 Vlar09 98.940 98.945B Iun09 98.845B Jep09 98.755B Dec.09 Vlar10 99.160 99.095 99.015A 98.910A 98.805A 98.725A 98.690A360 words
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Article287 2008-06-10 28 Jun 9 KUbbbK 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 09 445.00 441.00 437.00 431.50 432.50 434.25 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open287 words
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Article105 2008-06-10 28 Jun 6 SOYBEANS (5,000 bu min; US cents/60 lb 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 Nov 08 1439.50 1432.00 1460.00 1431.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 08 64.34 62.65 65.08105 words
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Article76 2008-06-10 28 CRUDE OIL PRODUCTS Jun 6 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 134.15 11.11 WTI (Near Mth) 138.28 10.4 Dubai (1-Mth F) 124.09 6.65 Tapis blend 137.5 7.6 Minas 133 8.1 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 119.77 162.00 3.00 6 USS/barrel Opec Oil76 words
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Article451 2008-06-10 28 Jun 9 luro ren Ion 'eso lam 'ouni Australia 0.980 6.677 0.609 7.531 41.353 90.080 1.015 9.958 3.147 1.252 65.264 42.904 1.313 7.596 0.981 29.223 32.053 0.489 0.964 Canada 1.021 6.814 0.622 7.685 42.202 91.929 1.036 10.162 3.212 1.278 66.604 43.784 1.340 7.752 1.001 29.823 32.712 0.499451 words
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Article89 2008-06-10 28 Jun 9 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****A 11.09.08 1-Year BY*****N 04.05.09 0.83 1.02 0.8 0.8 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year89 words
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Article167 2008-06-10 28 Jun 9 GOLD (USS/oz) Jun 06 Jun 05 GOLD BULLION COINS (SS) Sellim Hongkong 881.00 873.00 882.00 874.00 Jun 04 Jun 06 London 880.10 897.95 881.10 898.95 Source: Reuters (SS) Selling Buying 1 oz 1374.95 1237 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $482.57 395 SILVER Selling167 words
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Article76 2008-06-10 28 Jun 9 1 mth 2.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 2.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 2.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.***** 5yrs76 words
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Article65 2008-06-10 28 Jun 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Jun 08 3660 Jul 08 3652 Aug 08 3685 Sep 08 3710 Total o/p: ***** contracts 3600 3660 3660 3646 3669 3642 3660 3700 3648 3670 3710 366265 words
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Article58 2008-06-10 28 Jun 6 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2913.20 3 months 2957.00 unav Copper, Grade A (USS/tonne) Cash 8129.00 3 months *****.00 Lead (USS/tonne) Cash 1932.20 3 months 1950.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 Tin (USS/tonne) Cash *****.00 3 months *****.00 Zinc, Special High Grade58 words
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Article82 2008-06-10 28 Jun 6 (£/tonne) Close Prev Hii ih/Low Jul 08 1560 1516 1578/1517 Sep 08 1535 1494 1546/1497 Dec 08 1510 1472 1519/1479 Mar 09 1486 1446 1493/1453 COFFEE (USS/tonne) Close Pev High/Low Jul 08 2226 2268 2276/2203 Sep 08 2221 2266 2272/2204 Nov 08 2212 2255 2258/2204 Jan 0982 words
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Article4546 2008-06-10 28 BONDS WARRANTS 6916 DBS RB EPW080/1/ 10.5 4299 SPC DB ECW*****9 52 [el Zode Com| Pel Last Vol lode Company Sale +01- ('000) I >058 Advance Modules GrpW*****3 6 >036 Advance SCT Ltd W*****9 3 ArianeCorp Ltd W*****9 1 3092 Asia Environment W*****4 13 1481 Asia Water Tech LtdW*****0 18.54,546 words
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Page 29 Advertisements
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Advertisement1580 2008-06-10 29 m The Business Times mamm Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STX PO TBN CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination SIMOON SHJ/DMM/DBI STXPOTBN INC/BSN PAN BRIGHT DBI/ABU/DOH/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia,1,580 words
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Advertisement752 2008-06-10 29 WAN HAI INTERNATIONAL PTE LTD %TTtl\ IAfAM UAI I Ilirr TEL *****588 (14 LINES) FAX:*****163 V\^l 1 WAN Hill INt3 Customer Service/Bookings Dirert Line-(1800) *****200 V V fc ■■*fc pKII[L (03) *****88S FAX: (03) *****288 P[N TEL: (04) *****00 FAX: (04)*****99 V" JOH TEL: (07) *****23 FAX: (07)*****21 SUR TEL:752 words
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Advertisement3124 2008-06-10 30 PSL SERVICE Connecting AMX Service via P.KLANG Connecting ECL Svc via MALTA VESSEL VOY SIN I PKL I KHI I DXB I Blip MLA I VLC I BCN I GOA I DA~ FXT I HAM I ANR I LEH NINTH OCEAN PSL 8264 15/06 ***** ***** ***** 28/06 SIXTH OCEAN3,124 words
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Advertisement631 2008-06-10 30 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 NQRDWELLE VNWOO2 11 JUN OMIT OMIT 18 JUN 23 JUN SCI VIJAY 022W 17 JUN ISJIJII 22 JUN 24 JUN 29 JUN SCI KIRAN631 words
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PROPERTY
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Article, Illustration699 2008-06-10 31 -Reuters Developers face credit squeeze, falling sales and lower prices [BEIJING] A credit crunch, dwindling transactions and falling prices in some hot markets add up to trouble for China's real estate industry, a key pillar of growth for the world's fourth-largest economy. Although official-Reuters; AFP - 699 words
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Article, Illustration501 2008-06-10 32 EMILYN YAP - EMILYN YAP Analysts say they may end up with unsold homes given slowing sales of late SINGAPORE developers in Vietnam are likely to be affected by a cooling residential property market and tighter government regulations, research houses say. Keppel Land, CapitaLand, Guocoland, Fraser Neave,501 words
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Article, Illustration576 2008-06-10 32 GREG LOWE - GREG LOWE THAILAND offers some of Asia's best real estate investments. High-quality contemporary properties in prime locations continue to drive prices and build the country's position regionally, but players say government barriers for overseas buyers are crimping growth. Bangkok's luxury condominium market achieved record576 words
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Page 31 Advertisements
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Advertisement2051 2008-06-10 31 II ==1 IN THE MATTER OF THE COMPANIES ACT, CAP. SO I 111 FUNG CHOI MEDIA GROUP LIMITED SILKROUTE HOLD^NGS°PTE LTD (Incorporated in Bermuda on 26 February 2004) (in members-voluntary Company Registration Number ***** ((*Re™No.™>9Bo2i3sM) NOTICE OF SPECIAL GENERAL MEETING Z^eSt^Z^^ .^i—^i^—m^™ NOTICE IS HEREBY GIVEN that a Special General2,051 words
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Advertisement91 2008-06-10 31 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word "Zap" sms ***** b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software (located either in "Games" or "Applications" folder91 words
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Page 32 Advertisements
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Advertisement121 2008-06-10 32 9000sqft and 4500sqft available for Sale and Rent Strategic Positioning along Lower Delta and Excellent Connectivity Prominent Frontage with Unobstructed Views Suited for Light and Clean Businesses with more than 600 carpark lots Office to Tenants like Shipping MNCs and Law Firms Evelyn Ng *****899 Newsman AUCTION 25 June, Wednesday121 words
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Advertisement365 2008-06-10 32 For Sale By Tender Biß Prime Hi-Tech Building At Woodlands 4-Storey GFA 228,000 sqft Land 142,000 sqft Tenure 30+30 yrs from 1997 High ceiling Corporate image Vacant possession Closing Date: Thursday, 3 July 2008~| www.savills.com.sg WAREHOUSE JALAN BESUT 'w ;1^ W^'M FOR SALE LEASE g/k I Jfeg •S-storey with high365 words
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Advertisement303 2008-06-10 32 Prime Office Space For Sale 8818 READY FOR IMMEDIATE OCCUPATION fcfc> j/. Vacant Tenancy ending soon 0E& "'WmJ? Panoramic View of the Sea/ City 77/£ Central g^fl A/<?m/ Office I Connected Office uihJ Above Clarke Quay MRT Station Approx. 646 sq.ft. 883 sq.ft. 1,200 sq.ft. PI 1,500 sq.ft. 9,447 sq.ft.303 words
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@ one-north
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Article, Illustration1079 2008-06-10 33 CLARISSA TAN - Lessons at one-north include the study of literature, how to build a digital game and cookery classes, reports CLARISSA TAN IT'S a place where you can study Confucius and Shakespeare, learn how to build a digital game for the Wii, probe the human gene or whip1,079 words
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Page 33 Advertisements
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Advertisement150 2008-06-10 33 Biopolis@one-north I Biopolis is Singapore's research and meeting point for talent in the biomedical sciences industry. A hub of research facilities and cutting edge hardware, it is home to scientists U^U^^2^^U!lSl and researchers working together in a vibrant R&D environment. It fosters close links between the public and private research150 words
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Advertisement15 2008-06-10 33 This series is brought to you in conjunction with JTC's 40th anniversary. J-years nf TTP15 words
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