The Business Times, 19 June 2008
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2008-06-19
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The Business Times
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Title Section22 2008-06-19 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Thursday, June 19,200822 words
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460 2008-06-19 1 SIOW Ll SEN - SIOW Ll SEN Analysts believe yesterday's big move was due to intervention by MAS By [SINGAPORE] Short-term interest rates plunged yesterday to almost hit a year low, causing some analysts to scratch their heads after saying last week the bottom had been reached. The460 words
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936 2008-06-19 1 LYNETTE KHOO - LYNETTE KHOO Fundamentals are intact, but analysts think yesterday's rebound could prove short-lived By [SINGAPORE] The recent sell-down in Chinese markets is taking its toll on Singapore-listed Chinese stocks, even though the fundamentals remain intact for these S-shares. The sell-off since the beginning936 words
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MARKETS DIGEST
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Article44 2008-06-19 1 KLCOMP 1,212.59 -15.17 NIKKEI 225 14,452.82 +104.45 HANG SENG 23,325.80 +267.81 SET INDEX 765.74 -11.43 JAKARTA COMP 2,364.58 -13.40 MANILA COMP 2,628.20 -9.06 SEOUL COMP 1,774.13 +23.42 SHENZHEN B 493.15 +13.69 MUMBAI IND 15,422.31 -274.59 12N00NEDT Cham DOW 12,097.45 -62.85 NASDAQ 2,446.48 -11.2544 words
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Article29 2008-06-19 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.482 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.78 INDIA 12.25 Source:Bloomberg - 29 words
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Article44 2008-06-19 1 us$ s$ US$ (S$ per US$) 1.369 (US$/S$ per 1.953 2.674 EURO (USS/SS/E) 1.552 2.124 YEN 108.20 79.00 RM 3.262 2.383 HK$ 7.807 5.704 BAHT 33.26 24.30 RUPIAH 9.287 6.785 RENMINBI 6.882 5.028 INDIAN RUPEE 42.89 31.34 A$ 1.062 0.776 NZ$ 1.323 0.96744 words
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Page 1 Advertisements
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Advertisement94 2008-06-19 1 __\rv w* t *mmm lk\ PATEK PHILIPPE Begin your own tradition. HB M*^ 9. _m Aft Wl _#Tfc f \l A__W _\____t _f'. i A jf* 'jft xr.'- te.- 4__£-_m>__m "-^c- VfV vm___»^__r *E'' ___r v y^r wF f Mil __^H! next generation. HM Ref. 5159c by Patek Philippe. ESTS94 words
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Page 1 Miscellaneous
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Miscellaneous79 2008-06-19 1 PROPERTY BizlT K^ COMPANIES BE INSPIRED 11 Apartments above IDA projects to boost jM UOB move to delist Zap for daily inspiration. $10m shine in dull maritime, healthcare Indonesian unit may WinapairofZegna market page 2 page 27 m mm It costssoom page 6 sunglasses! page 6 I B it-"- India79 words
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TOP STORIES
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Article183 2008-06-19 2 Apartment transactions over the years PRICE RANGE M $1 3 million 1747 804 494 1933 1059 444 984 71fH 838 1768 2613 3514 323 $3-5 million 260 159 43 144 173 52 77 41 135 240 487 1,136 68 $5 7 million 210 50 9 22 36 14183 words
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584 2008-06-19 2 KALPANA RASHIWALA - KALPANA RASHIWALA In the landed sector, demand for GCBs remains strong, says CBRE By [SINGAPORE] The high-end residential sector has been largely subdued in 2008, but at least 50 luxury apartments costing above $10 million each have been sold so far this584 words
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Article, Illustration477 2008-06-19 2 S JAYASANKARAN - S JAYASANKARAN By in Kuala Lumpur THE cracks in Prime Minister Abdullah Ahmad Badawi's administration widened yesterday after the Sabah Progressive Party, or SAPP, one of the smaller component parties in the ruling Barisan Nasional (BN) government, said it had lost confidence inAP - 477 words
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THREE-MINUTE DIGEST
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48 2008-06-19 2 US oil futures regulators have unveiled a plan to slap the first trading limits on oil contracts that change hands on a London electronic exchange, as US lawmakers called for more regulations to rein in speculators. TOP STORIES, PAGE 448 words
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63 2008-06-19 2 UNITED Overseas Bank has proposed to delist PT Bank UOB Buana, in which it owns 61.1 per cent, from the Indonesian stock exchange, a move that may cost it at least $500 million. The proposal is subject to approval by63 words
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Article67 2008-06-19 2 TALK that big M&A moves could be afoot for major shipping lines Neptune Orient Lines (NOL) and STX Pan Ocean has led to a further fall in NOL shares, by six cents yesterday to $3.36, and a gain of eight cents to $2.8667 words
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65 2008-06-19 2 THE credit crisis in the US and Europe has put pressure on a decade of sustained growth in global real estate but the inflow of capital to Asia's real estate market is accelerating, says a report. Returns in Asia are projected to65 words
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67 2008-06-19 2 PETRONAS has fought back against allegations of mismanagement and secrecy, saying some of its profits have been used for investment and exploration. Petronas has faced public wrath since a recent 41 per cent petrol i price hike, with the Opposition demanding it open its67 words
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59 2008-06-19 2 CHINA and Japan have agreed on joint development of disputed oil and gas fields under the East China Sea, ending years of often acrimonious disputes. The accord has economic implications but its symbolism in L terms of bilateral relations between Asia's59 words
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48 2008-06-19 2 PREMIUM passenger traffic has rebounded, growing 6.4 per cent in April against a 3.9 per cent drop in March. But the underlying trend suggests a less rosy picture as the impact of the US credit crunch spread. AVIATION PAGE 1848 words
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668 2008-06-19 2 RONNIE LIM - RONNIE LIM By [SINGAPORE] Rapidly growing demand for solar energy products, spurred by rocketing oil prices, has led Norway's Renewable Energy Corporation (REC) to start construction this month of phase one of a $6.8 billion plant here. REC expects to decide668 words
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Article, Illustration561 2008-06-19 4 [WASHINGTON] US oil futures regulators on Tuesday unveiled a plan to slap the first trading limits on oil contracts that change hands on a London electronic exchange as US lawmakers called for more regulations to rein in speculators. The US Commodity FuturesREUTERS - 561 words
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Article, Illustration849 2008-06-19 4 Reuters New mortgage insurance fund will underwrite USs3oob of failing loans [WASHINGTON] US Senate leaders have agreed to a bipartisan bill to establish a US$3OO billion rescue fund for troubled mortgages and a new regulator for Fannie Mac and Freddie Mac,– Reuters - 849 words
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Article, Illustration405 2008-06-19 4 -Reuters [WASHINGTON] NYSE Euronext Inc's chief executive on Tuesday urged a rethinking of the Sarbanes-Oxley law and said companies may already be dissuaded from listing in the United States because of onerous rules and the litigious environment. "We should think about ways to rationalise-Reuters; BLOOMBERG - 405 words
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Page 2 Advertisements
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Advertisement131 2008-06-19 2 Our makeover will make your day. Step into a new realm of sophistication and style at the Pan Pacific Orchard, when you stay in one of our new Pacific Club Rooms. With privileged access to the Pacific Club Lounge and surrounded with luxurious comfort in your room, you'll know in131 words
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Advertisement270 2008-06-19 3 NASSIMPARK RESIDENCES A MASTERPIECE by Chan Soo Khian, Christian Liaigre, Shunmyo Masuno In the heart of Nassim, Singapore's most desirable neighbourhood, comes the unveiling of Singapore's most coveted freehold address, A unique collaboration between three internationally acclaimed creative minds, Chan Soo Khian Founder of Singapore-based SCDA Architects. Hailed for groundbreaking270 words
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Advertisement132 2008-06-19 4 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. SAVE TAX Our qualified professionals W/____~L I can assist you with offshore ag J structures, shelf companies and incorporations in ALL jurisdictions including: jjujiJa ■T^f British Virgin Islands P^^^^^^^L132 words
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Advertisement175 2008-06-19 5 BM Ljs^ PI ■■>^| tv a -:B BB BIMBKI fcfffiwiPP^fev s^aar*-' SbwfcLl 11 l-M II PVJiWlii'-&' '-'-rl^ —,^—^=3l _\_\i__i__\t ■■tBH-t" i"tt« EPS 9.-1 BR SH ~^aV IH'^H Vm^i^iUH HP:^l I^3 Bv;j|F*sSH K'^l V BH-'I Last year, 12 countries had double-digit GDP growth. How many can you name? Or better yet,175 words
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COMPANY NEWS
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696 2008-06-19 6 CHOW PENN NEE - CHOW PENN NEE Delisting offer could see the bank paying at least 1,400 rupiah per share By UNITED Overseas Bank (UOB) has proposed to delist PT Bank UOB Buana, in which its owns 61.1 per cent, from the Indonesian696 words
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639 2008-06-19 6 UMA SHANKARI - UMA SHANKARI THE latest real estate investment trust (Reit) to list in Singapore, Indiabulls Properties Investment Trust, didn't do too well when it went public two weeks ago. The Reit raised $262.5 million from its initial public offer, lower than the maximum $288.8 million it639 words
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Article, Illustration571 2008-06-19 7 VINCENT WEE; YOON KYUNG HYUN - VINCENT WEE YOON KYUNG HYUN NOL said to be keen on Hapag-Lloyd; STX mulling Daewoo stake By' anc TALK that big M&A moves could be afoot for major shipping lines Neptune Orient Lines (NOL) and STX Pan Ocean have seen a mixed impactFILE PHOTO - 571 words
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354 2008-06-19 7 SIOW LI SEN - SIOW LI SEN By COMPANIES wanting to showcase their corporate governance practices will have to do more to demonstrate that they have truly independent boards. For the first time in Singapore, boards which promote diversity will also be recognised. The criteria for the354 words
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318 2008-06-19 7 ARTHUR SIM - ARTHUR SIM It will be combined with adjacent site for township project By KEPPEL Land has acquired a site in Shenyang's Shenbei New District about 10 ha in size for 155 million yuan ($30.87 million). This site is adjacent to a 24 ha site318 words
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Article, Illustration426 2008-06-19 9 JOYCE HOOI - JOYCE HOOI CEO says the firm is in the middle of looking at its portfolio and optimising its existing titles By SINGAPORE-based magazine publisher, The Lexicon Group, dispelled market rumours of the closure of three of its magazine titles and a possibleFILE PHOTO - 426 words
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Article, Illustration517 2008-06-19 9 CHEW XIANG - CHEW XIANG By PRELIMINARY data from Thomson Reuters show that so far this year, mergers and acquisitions (M&A) activity in Singapore has increased while that of the equity capital market has plummeted. For loans, the value has doubled to reach its highest annual517 words
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553 2008-06-19 9 JAMIE LEE - JAMIE LEE Bonds are becoming more attractive due to high yield By SKIP equities for later and grab corporate bonds now for the high yield, said Schroders, which has kept a "cautious" stance on equities and raised its view to "overweight" from "underweight"553 words
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380 2008-06-19 9 OH BOON PING - OH BOON PING By EPURE International has secured a multimillion-dollar municipal wastewater treatment contract, bringing its order book to a record 1.16 billion yuan (Ss23l million). In a statement, the company said its subsidiary, Beijing Sound Environmental Engineering, clinched the 360 million yuan380 words
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214 2008-06-19 9 Bloomberg MARITIME Capital Shipping Ltd, a Hong Kong dry-bulk shipping line, plans to raise about US$26l million in an initial share sale in Singapore to buy more vessels. The company plans to sell existing and new shares at between 551.24 to 551.46 apiece, according to– Bloomberg - 214 words
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COMPANY BRIEFS
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48 2008-06-19 9 VAN der Horst Energy has appointed Cheng Lim Kong, the chief executive officer of Van der Horst Bio diesel Pte Ltd, as its new CEO. Neo Kok Ching has relinquished his role as CEO but continues to act as executive chairman.48 words
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43 2008-06-19 9 FRASER and Neave (F&N) has appointed Tan Chong Meng as an independent, non-executive director after a regional search to recruit talent. Mr Tan has been with Shell since 1989, and is currently executive vice-president, Global Business to Business, Downstream.43 words
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27 2008-06-19 9 SICHESTER International Investors Limited has raised its stake in ComfortDelGro from 7.073 per cent to 8.040 per cent via open market purchases.27 words
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53 2008-06-19 9 Hi-P International said it now expects its Q2 FY2OOB revenue and net profit to be higher compared with Ql FY2OOB, reversing an earlier forecast. It cited higher than expected revenue growth contributed by higher sales to wireless segment customers, and a reduction in53 words
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35 2008-06-19 9 FUND manager Matthews International Capital Management LLC has reduced its stake in Hyflux from 6.52 per cent to 6.43 per cent. It now has 33.7 million shares in Hyflux.35 words
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110 2008-06-19 9 ASIA Environment proposed to issue 50 million new shares or 13.7 per cent of the company to KSC Fund a fund set up in Malaysia for the purposes of investing in water opportunities in China, at 48.5 cents per share. Expected net110 words
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Advertisement602 2008-06-19 6 IjSy Get y°ur Rabobank Warrant IO f% Highlights daily via email. \T Visit www'rabowarrants.com.sg or ■EjyiM ftj| 0y emailwarrants@rabobank.com KEPCORP RB ECWOBII2B (FRBW) FIRST RESOURCES RB ECWOBIIIB (FOHW) KEPPEL CORP LTD Call FIRST RESOURCES LTD Call Exercise Price 5511.495 Exercise Price S$ 1.23 L Expiry Date 28 November 2008 Ratio602 words
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Advertisement13 2008-06-19 6 v —i "ft CATS Recru.it The first door to your world of opportunities13 words
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Advertisement10 2008-06-19 7 bMwSSm^^^• A\W WWW\\T_f ,J/jfi^^H■ **^^^^l p^^P^j^^H^^Kv^ec-- "-^i** w*—mm j 3'^^^n10 words
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Advertisement19 2008-06-19 7 The OASIS Companies High Yield lYajor Track Record W c Are Looking For A Partner www.oasisroi.com OASISASIA International Ltd19 words
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SINGAPORE MARKETS
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Article, Illustration601 2008-06-19 8 CONRAD TAN - CONRAD TAN STOCKS Property and banking stocks help lift index by 0.4 per cent after weak start STOCKS here ended slightly higher yesterday, reversing its losses on Tuesday, but with no clear indication of where the market is headed for the rest of the week.Bloomberg - 601 words
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Article102 2008-06-19 8 lapitaLand 5.840 +0.120 lapitaMall 3.110 -0.010 jtyDev 10.660 +0.360 losco Corp 3.430 +0.080 IBS Grp 19.540 +0.120 :&N 4.530 -0.060 Sent Intl 0.600 IK Land 4.250 +0.040 ISH 17.460 -0.440 lardineC&C 17.000 +0.240 Ceppel Corp 11.480 -0.120 Ceppel Land 5.150 +0.010 IOL 3.360 -0.060 loble Grp102 words
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Article, Illustration888 2008-06-19 8 LYNETTE KHOO - LYNETTE KHOO Suntec Reit June 18 close: $1.49 OCBC Investment Research, June 18 BOND rate volatility continues: Suntec Reit issued the first of six instalments of deferred units last week. These deferred units formed part of the payment for Suntec's original portfolio at its IPO, allowing Suntec toBloomberg - 888 words
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Article, Illustration543 2008-06-19 8 LARRY WEE - LARRY WEE CURRENCIES YEN crosses and a third consecutive post-depeg high for the Chinese yuan were the main features of currency trading in Asia yesterday, in a session marked by crosscurrents for the euro and several Asian currencies. In the case of the?: Reuters - 543 words
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Article56 2008-06-19 8 VOLUME China Honqxinq 97,066,000 Ocean us 60,783,000 Golden Agri 46,830,000 Chasen 43,470,000 Li Henq 40,739,000 Magnus 37,758,000 ChinaNTown 34,241,000 ChinaTaisan 31,997,000 Suntecßeit 30,716,000 Ferrochina 28,812,000 VALUE(S) Sing Tel 104,096,150 DBS Grp 99,192,689 Keppel Corp 74,920,505 SGX 70,200,220 Cosco Corp 65,548,700 NOL 47,954,030 China Hongxing 46,394,225 CityDev 45,857,69756 words
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Article102 2008-06-19 8 BY CENTS CLOSE UP At 1066 36.0 3.5 LD 10US$ 8750 30.1 0.3 DBS MBLiCW*****0 595 26.0 4.6 lardine C&C 1700 24.0 1.4 Korea 10US$ 468 17.8 2.9 'enture Con 975 15.0 1.6 UOB 1938 14.0 0.7 i Land 584 12.0 2.1 ilanMBLiCW***** 181 12.0 7.1 DBS Gri 1954102 words
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Advertisement86 2008-06-19 9 Learn to turn information into higher business performance. MICROSOFT Bl TRAINING Master Transact-SQL with SQL Server 2005 Maintaining a MS SQL Server 2005 Database Implementing a MS SQL Server 2005 Database Implementing Maintaining MS SQL Server 2005 Analysis Services Implementing Maintaining MS SQL Server 2005 Integration Services Implementing Maintaining MS86 words
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SINGAPORE INTERNATIONAL
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Article, Illustration984 2008-06-19 10 Hospitality sector seen drawing over US$l lb in next 2 years, visitor arrivals up 11.9% in first 4 months of the year, reports CHUANG PECK MING MONEY is pouring into India. And this comes not just from investors looking for huge returns in an economy■■^ I AP; AFP - 984 words
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326 2008-06-19 10 CHUANG PECK MING - CHUANG PECK MING DESPITE being small, Singapore boasts a sizeable pool of hoteliers and serviced residence owners and operators who have made their name in the world. The Ascott Group, a hospitality player with a presence in India, is one of the world's326 words
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376 2008-06-19 10 FREE Trade Agreement (FTA) is a legally binding agreement between two or more countries to reduce or eliminate barriers to trade and facilitate the cross-border movement of goods and services. FTAs help strengthen business climates by eliminating or reducing import tariffs, providing preferential access to376 words
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Advertisement215 2008-06-19 10 INTERNATIONAL BUSINESS FELLOWSHIP 12 th Executive Programme on India Date 17 4August t I Venue Tata Management Training Centre I International Enterprise (IE) Singapore and Tata Management Training Centre invite you to attend the AT i Executive Programme on India under lE's International Business Fellowship (IBF) Programme. I Course fee215 words
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Advertisement46 2008-06-19 10 I* =T AL THE BUSINESS TIMES SINGAPORE Singapore Singapore International a fortnightly series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting the overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com46 words
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SINGAPORE INTERNATIONAL
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Article, Illustration700 2008-06-19 11 The global serviced residence giant sees huge potential, with business travellers clamouring for home-like comfort and services, reports CHUANG PECK MING WHAT the Singaporebased Ascott Group has to offer India is likened to "adding ciabatta and focaccia to a selection of pratas and700 words
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472 2008-06-19 11 CHUANG PECK MING - CHUANG PECK MING Banyan Tree extends Indian reach on high demand for spas Reports by A THIRD of leisure travellers in the US say that access to a spa is a key consideration when making travel plans, according to Banyan Tree's executive chairman Ho472 words
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293 2008-06-19 11 CHINESE cuisine is the most popular in India, after Indian food. Combine this with the fact that its economy is expanding fast and it is no surprise that Singa-pore-based Tung Lok Group which already has restaurants in Indonesia, China and Japan has293 words
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Article, Illustration282 2008-06-19 11 IF you happen to come across a shop called Street Soul in Mumbai, you might think you were back in Singapore, at Bugis Junction, where there is an identical shop. Both shops happen to be related to 77th Street, a youth and282 words
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468 2008-06-19 11 MILLENNIUM Copthorne Hotels, "the largest international hotel group in Singapore", is also ranked "in the top 40 of the world's 300 largest international hotel companies". And it has got to where it is mainly through acquisitions. In fact,468 words
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Advertisement196 2008-06-19 11 I r ..^L _______WW__. Keen to venture overseas? IE Singapore can be your partner r^mm 1 I ■____.r-\- Date Thursday, 10 July 2008 IE Singapore Awareness Seminar Series: Grow Your Overseas Business with IE Singapore Time 8 30am 2 oopm < Jr^9i A Venue IE Singapore fey T v a.196 words
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SINGAPORE NEWS
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Article, Illustration447 2008-06-19 12 UMA SHANKARI - UMA SHANKARI Asian market being powered by longer-term investments: report By THE ongoing credit crisis in the US and Europe has put pressure on a decade of sustained growth in global real estate but the inflow of capital to Asia's real estateAsia Pacific Real Estate Outlook 2008 - 447 words
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162 2008-06-19 12 JOYCE HOOI - JOYCE HOOI By SINGAPORE and China's Zhejiang province yesterday announced their collaboration in key economic areas such as infrastructure, port and logistics, business process outsourcing, and environmental services. The collaboration was formalised through the sign- ing of a work plan at the162 words
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SINGAPORE ROUNDUP
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39 2008-06-19 12 ASIAN-BASED life sciences IT company KOOPrime has formed a partnership with Macquarie University through the Integrated Biodiversity Exchange Engine. The engine is expected to improve the standardisation and exchange of biodiversity information in Asia.39 words
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Article41 2008-06-19 12 RBS Coutts, the international private banking arm of The Royal Bank of Scotland (RBS) Group, has appointed Mark Brider as market head for Singapore and Malaysia. Mr Brider has more than 25 years at RBS.41 words
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69 2008-06-19 12 LEHMAN Brothers announced two senior appointments to its Asia-Pacific corporate sales team yesterday. Samir Bhandari will fill the newly created role of head of fixed-income corporate sales for the Asia-Pacific (excluding Japan). Mr Bhandari will be based in Singapore. In the other newly created role,69 words
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Article, Illustration332 2008-06-19 12 JAMIE LEE - JAMIE LEE By ASEAN was late in providing help to cyclone-hit Myanmar, but has already "opened the humanitarian space" for aid workers to enter the junta-governed country, secretary-general Surin Pitsuwan said at the fifth Asean Leadership Forum yesterday. "We have made progress. Late, because of332 words
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310 2008-06-19 12 Air Asia, South-east Asia's biggest low-cost carrier by fleet size expects demand for its flights to increase, thanks to rising affluence among Asean countries but noted that protectionism within the region hampers further growth, a company executive said yesterday. Air Asia chief executive officer310 words
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Article, Illustration292 2008-06-19 12 COE premiums generally slipped as concerns about high fuel prices and other cost of living issues seem to have curtailed demand for new cars. In yesterday's bidding exercise for certificates of entitlement, Category A for cars below 1,600 cc shed $489 to $14,101.AZIZ HUSSIN/THE STRAITS TIMES - 292 words
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266 2008-06-19 12 He under-declares car value to avoid paying $9,622.67 ONE man's attempt to save slightly less than $10,000 on a Porsche car led to him forking out almost 10 times the amount to the courts on Monday. Soh Chee Kwang, 31, was fined a266 words
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Advertisement840 2008-06-19 12 IN THE MATTER OF THE IN THE MATTER OF COMPANIES ACT, (CHAPTER 50) PURSUANT TO SECTION 290 (1) (b) THE COMPANIES ACT,CAP. 50 At an Extraordinary General Meeting of MP-BILT PTE LTD (Company and Registration No. *****4701E) duly convened and held at 501 Orchard Road IN THE MATTER OF #11-01.WheelockPlace,Singapore*****0,840 words
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Advertisement23 2008-06-19 12 i_e_f Wmm ___rv 1 11 l^^^H m W 1 1 i Ll _hSI3ri^__kr Wr x \i-' mTS>1^ Jli_L_L__!_________ M i^jrjij jJI IIM14WljM "~^i23 words
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ECONOMY WATCH
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Article, Illustration822 2008-06-19 13 LAT-WP Pressure will come from falling home values, high oil prices, rising jobless [LOS ANGELES] Under pressure from falling home values, high oil prices and rising unemployment, the US economy will perform anaemically in the coming months but there still won't be an actualLAT-WP; I ■ A~ . ■ T JC^ AFP - 822 words
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206 2008-06-19 13 AFP [SYDNEY] Australia's economy is in the midst of a slowdown likely to last until at least the end of the year, according to a survey released on Wednesday. The monthly Westpac-Melbourne Institute leading index, which indicates the likely pace of economic activityAFP - 206 words
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453 2008-06-19 13 -AP US senators' call comes as cartel says 'no' to output boost [WASHINGTON] Eleven US senators called on the Bush administration on Tuesday to file a complaint with the World Trade Organization (WTO) against eight members of the Opec cartel, saying they are violating-AP - 453 words
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MALAYSIA/INDONESIA
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Article, Illustration398 2008-06-19 14 AFP, Bernama Profits have been used for investment, exploration, says energy firm chief [KUALA LUMPUR] Malaysia's state energy firm Petronas has fought back against allegations of mismanagement and secrecy, saying some of its profits have been used for investment and exploration. Petronas has faced– AFP, Bernama; FILE PHOTO - 398 words
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265 2008-06-19 14 AFP [JAKARTA] Indonesia's Supreme Court has become the latest institution to come under the spotlight of the country's aggressive anti-corruption drive, a report said yesterday. Investigators from the Corruption Eradication Commission confiscated documents from the court on Monday in search of evidence ofAFP - 265 words
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Article2239 2008-06-19 14 kin 18 RM ('000) A&M Realty 0.60 \bric Bhd 0.16 Advance Synergy 0.10 AdventaBhd 1.17 AeMuIti Hldgs 0.24 Win Holdings 1.95 Ahmad Zaki Resou 0.78 Aic Corp 0.51 \irasia Bhd 0.89 Akn Technology 0.44 Alliance Financi 2.82 Aluminium Co 1.02 Amalgamated Ind 0.49 \mmb Hldgs Bhd 3.38 Amtel2,239 words
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299 2008-06-19 14 Reuters [JAKARTA] Indonesian legislators on Tuesday rejected a proposal to investigate coal miner PT Adaro Energy over tax payments, removing a potential obstacle to its listing on the Indonesia Stock Exchange. Several lawmakers had urged parliament to investigate Adaro, Indonesia's sec-ond-largest coal miner by volume,– Reuters - 299 words
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301 2008-06-19 14 V 1 X til U.lV> ll»JltJ Ul [KUALA LUMPUR] Former Malaysian premier Mahathir Mohamad yesterday denied allegations that he threatened to sack judges and ordered them to attend boot camps for pro-govern-ment indoctrination. The 82-year-old Dr Mahathir, who is criticised for suppressingV 1 X til U.lV> ll»JltJ Ul !■_/ - 301 words
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Article, Illustration410 2008-06-19 14 Bloomberg Consumer prices rose 3.8% in May after 3% gain in Apr [KUALA LUMPUR] Malaysia's inflation accelerated to a 22-month high on rising food and transport costs, stoking speculation that the central bank will increase interest rates. Consumer prices rose 3.8 per cent in May– Bloomberg; THE STAR - 410 words
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355 2008-06-19 14 Reuters [JAKARTA] Indonesian energy firm PT Medco Energi Internasional has sold its stake in drilling firm Apexindo for US$333 million below the price offered by several other suitors, sources familiar with the deal said on Tuesday. The decision by Medco, which is controlled– Reuters - 355 words
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CHINA/INDIA
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Article, Illustration520 2008-06-19 15 Reuters However, US warns that this should not cause China to block access to its markets [ANNAPOLIS, MD] US and Chinese officials agreed on Tuesday that turbulence sweeping global markets holds lessons for Beijing, but the United States warned that it should not– Reuters; AFP - 520 words
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Article, Illustration501 2008-06-19 15 SIDDHARTH SRIVASTAVA in New Delhi - SIDDHARTH SRIVASTAVA in New Delhi By THE Indian government has acted on reports which suggest that mobile phones can cause health problems. New guidelines issued by the Telecommunications Ministry said that the electromagnetic waves emitted from handsets can seriously damage the brain tissueAFP - 501 words
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284 2008-06-19 15 Bloomberg But new funds must mature by June 30, 2011, and firm must shut down by 2015 SAHARA India Financial Corp, the nation's largest finance company by deposits, had its ban on accepting funds partially lifted by the central bank and was given sevenBloomberg - 284 words
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289 2008-06-19 15 Reuters [ANNAPOLIS] Sovereign wealth funds (SWFs) can play a stabilising role in the global economy and do not pose a threat to financial markets, Chinese Finance Minister Xie Xuren said on Tuesday. Speaking on the first of two days of economic talks with– Reuters - 289 words
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Article, Illustration300 2008-06-19 15 -AFP [BEIJING] China has begun an anti-monopoly investigation into US software giant Microsoft and lawsuits by local companies could follow, state media reported yesterday. China's State Intellectual Property Office and some research institutions have targeted Microsoft and several other global software firms over-AFP; AFP - 300 words
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Page 15 Advertisements
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Advertisement500 2008-06-19 15 If you are in any of these situations: X-^_^^^~^_\_\__ You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch500 words
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ASIA-PACIFIC/WORLD
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Article, Illustration669 2008-06-19 16 \NTHONY ROWLEY in Tokyo - \NTHONY ROWLEY in Tokyo Accord shows their growing political and diplomatic ties, say analysts By, CHINA and Japan formally announced agreement last night on joint development of disputed oil and gas fields under the East China Sea, ending years of oftenBLOOMBERG - 669 words
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230 2008-06-19 16 Reuters [LONDON] The first publicly listed fund investing in rare white and coloured diamonds is close to launching on the London Stock Exchange (LSE), fund and market sources said on Tuesday. The closed-end fund will invest in the high quality segment– Reuters - 230 words
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424 2008-06-19 16 Reuters USsl.43b pre-tax gain from asset sales fails to offset trading losses [NEW YORK] Morgan Stanley yesterday said that quarterly earnings plunged 56 per cent on trading losses and slowdown in investment banking, despite US$l.43 billion of pretax gains from asset sales.Reuters - 424 words
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Article361 2008-06-19 16 LAUREN SILVA - LAUREN SILVA By in New York IT ISN'T just with its earnings that Goldman Sachs often leads the way. So rivals' vice-presi-dents might want to note who is leaving Goldman's lower Manhattan headquarters with a pink slip and a box of personal items. The investment bank's361 words
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391 2008-06-19 16 Reuters [MONACO] Global macro and market neutral strategies look set to be top performers over the next 12-18 months, but it is still too early for a pick-up in distressed debt investing, top hedge fund executives said on Tuesday. Speakers at the– Reuters - 391 words
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Page 16 Advertisements
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Advertisement289 2008-06-19 16 westemaustralia2oll.com goes out on a limb THE penultimate race of the progressed, the wind filled in exhilarating start to the race, It both made a beeline for the Clipper 07-08 Round the World and by the time the yachts has really pumped up the crew safety turning mark at the289 words
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WORLD
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Article517 2008-06-19 17 Reuters Examiners can better determine the amount of deposits at a bank if it fails [WASHINGTON] The Federal Deposit Insurance Corp (FDIC) on Tuesday approved a proposal to help US bank examiners better determine the amount of deposits at a large bank in the event– Reuters - 517 words
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299 2008-06-19 17 Bloomberg [SEATTLE] General Motors Corp next year will begin building a test fleet of more than 100 Chevrolet Volts, the electric car that recharges at a wall outlet, the carmaker's top product executive said. Tests of the lithium-ion batteries to run the Volt haveBloomberg - 299 words
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Article, Illustration219 2008-06-19 17 -AFP [WASHINGTON] Sacked American International Group (AIG) chief executive Martin Sullivan is likely to walk away with a severance package of as much as US$6B million, a corporate watchdog group said on Tuesday. The Corporate Library, a group that tracks governance and compensation-AFP; AFP - 219 words
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Article8404 2008-06-19 17 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.173/ AIGIF Spore Bond Fund/ A 1.317/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.99/ APS Alpha Fund (USD) 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.962/ APS Komaba8,404 words
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AVIATION
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490 2008-06-19 18 YEN SREENIVASAN - YEN SREENIVASAN But the underlying growth is just 0.2% as a result of various distortions, says lata By PREMIUM passenger traffic has rebounded, growing 6.4 per cent in April against a 3.9 per cent drop in March. But the underlying trend suggests490 words
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449 2008-06-19 18 -NYT [NEW YORK] Business aviation is thriving and expanding. In the first quarter of this year, shipments of business jets were up 41 per cent over the same period last year. Last year, a record 1,138 business jets were shipped by manufacturers, up-NYT - 449 words
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171 2008-06-19 18 Reuters [SHANGHAI] Nanjing Lukou International Airport, in which Singapore's Changi Airport has agreed to buy a stake, is open to foreign investment into its expansion which will cost as much as US$l.45 billion, its vicepresident said. Nanjing Lukou plans to add a new terminal and■ Reuters - 171 words
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Article96 2008-06-19 18 Reuters [SINGAPORE] Singapore Airlines, the world's second-biggest airline by market value, said yesterday that it will raise fuel surcharges for tickets issued from next Tuesday due to the sustained increase in jet fuel prices. The total surcharge now ranges from US$lBO for flights between Singapore and– Reuters - 96 words
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245 2008-06-19 18 I Bloomberg [DALLAS] Northwest Airlines, the carrier being acquired by Delta Air Lines Inc, said it will retire 47 jets and drop flights, deepening cutbacks across the US industry to counter surging jet-fuel prices. The workforce will be pared by anI Bloomberg - 245 words
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Article, Illustration372 2008-06-19 18 Reuters [WASHINGTON] US airlines projected on Tuesday they could lose US$lO billion in 2008 due to skyrocketing fuel costs, a sum that would almost match the industry's worst-ever year loss in 2002. James May of the Air Transport Association also told a joint– Reuters; REUTERS O - 372 words
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Article2446 2008-06-19 18 Dhaka SQ435 0555 SQ436 2040 SQ5605 1635 3K687 1505 BA7377 1725 SQ223 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Araays Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC),2,446 words
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Page 18 Miscellaneous
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Miscellaneous355 2008-06-19 18 CRYPTIC CROSSWORD ACROSS 1 Being displayed at less than H p p P B^ V 9F B^ one exhibition (2,4) 9 Very gradually putting one part of foot alongside anoth- mR mE HL_p_-_L_B--L—BB——BB-—H__Hi_H__ 10 Imprisoned beast getting in I 10 a stew (6,4) 1 Drop off nearly twelve (4) WM355 words
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SHIPPING\TRANSPORT
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Article, Illustration362 2008-06-19 19 VINCENT WEE - VINCENT WEE It benefits from an increase in size of vessels and number of calls by customers By JURONG Port saw an exceptional 38 per cent year-on-year jump in container throughput in May as it benefited from an increase in both size of vessels362 words
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214 2008-06-19 19 Bloomberg [MADRID] DP World Ltd, the world's fourth-biggest port operator, agreed to buy a controlling stake in a Spanish container terminal to gain its first port in the country. DP World intends to buy 60 per cent of Contarsa Sociedad de Estiba SA,– Bloomberg - 214 words
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531 2008-06-19 19 Reuters [NEW YORK] The worst flooding in the US Midwest in 15 years is expected to reduce second-quarter earnings at shipping and transport companies, but the full extent of the damage to operations may not be clear for weeks. Flooding has damagedReuters - 531 words
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455 2008-06-19 19 Bloomberg [NEW YORK] The Port Authority of New York and New Jersey is in talks with potential investors about buying or leasing a stake in the Freedom Tower, the 541 metre skyscraper under construction at the World Trade Center site. The agency,Bloomberg - 455 words
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TRANSPORT STOCKS
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Article101 2008-06-19 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.64 0.38 3.43 0.86 2.61 1.28 0.07 0.93 1.65101 words
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Article32 2008-06-19 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.89 8.70 8.30 3.72 3.16 unch -0.01 -0.30 -0.35 0.02 -0.06 unch 894 1417 3072 597 4 032 words
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Article21 2008-06-19 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 32.00 2.48 unch -0.10 -0.50 -0.02 unch 4861 1021 1(21 words
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Article16 2008-06-19 19 Evergreen Marine ....25.70 :irst Steamship 59.00 ManHai Lines 25.30 0.10 2.40 0.80 13 5 316 words
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Article37 2008-06-19 19 '000 (awasaki Hvy Ind ..332.00 -3.00 ***** (awasaki Kisen ...1047.00 6.00 4459 Mitsubishi Hvy 587.00 2.00 ***** l/litsuiEng&Sbldg...374.00 -4.00 ***** 1/litsuiOsk Lines ...1513.00 27.00 ***** Jippon Express 511.00 2.00 3160 JipponYusen 1017.00 22.00 6945 'iource: Reuters37 words
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Page 19 Advertisements
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Advertisement181 2008-06-19 19 Bid price starts from $225 (INENGUSHANDCHINESE) starting 9 j une 20 08 Bid price siarts Trom q>^o every Monday to Friday Bidding ends 11.59pm, 22 June 2008 6XU to 10AM M ts cameras I up for grabs! kwaychap I I T //Tjl F^lSI) 1900-911-0188 LA AW^ I olpiX iff $o.2l4percall(indusiveofGST)181 words
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EDITORIAL & OPINION
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501 2008-06-19 20 AN unexpected 10.5 per cent slump in May's non-oil domestic exports (NODX) has brought out the bears among Singapore economists, with some even suggesting that the official gross domestic product (GDP) growth forecast of 4-6 per cent for 2008 could be at risk if exports501 words
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Article, Illustration933 2008-06-19 20 PETER ONG - PETER ONG Planners must consider behavioural economics to build great places to live, work and play By THE year 2008 is when more than half of the world's population lives in cities, a trend that will gain velocity as weSTB - 933 words
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Article, Illustration822 2008-06-19 20 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE FRESH from dealing with the "earthquake" in the shape of the sub-prime mortgage crisis, finance ministers from the world's leading economies met in Osaka last weekend with the objective of fighting the fires of inflation. But if822 words
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Article, Illustration1122 2008-06-19 21 GERARD LYONS - GERARD LYONS AFP As price pressures gather pace, the East needs tighter monetary policy but the West is left with little room to hike rates By ACROSS the emerging world, rising food and energy prices are forcing many central banks to tighten policy. These pressuresAFP - 1,122 words
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227 2008-06-19 21 Denis Distant - Gantries and LTA a rethink needed Denis Distant LETTER TO THE EDITOR THE Land Transport Authority (LTA) is really going to town this time with a revision of the ERP rate structure base charge and incremental rates. The reason given is that motorists have become less sensitive to the current227 words
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Article, Illustration877 2008-06-19 21 ZHOU KIN - ZHOU KIN Reuters By TALES of protests by angry peasants whose land has been seized for a pittance by unscrupulous officials are commonplace in China. But even as concern grows about the disappearance of arable land to feed 1.3– Reuters; : : 1 AFP - 877 words
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Page 21 Advertisements
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Advertisement14 2008-06-19 21 Lianhe Zaobao Yanlord Land Chairman Zhong Sheng Jian shares three win-all solutions for SMEs14 words
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SINGAPORE STOCKS
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Article5763 2008-06-19 22 Transaction date: Jun 18 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil Hii Coi 5716 1st Software ***** li HH KS" '18 S ffi FS P E 24.5 7 11005,763 words
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Article81 2008-06-19 22 52-Wk Tel Hiqh Low Code Last Sale Vol Cooo) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _H|< 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****81 words
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Article1893 2008-06-19 22 52-Wk Tel Hiqh Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an< Hii 30 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System1,893 words
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Article209 2008-06-19 22 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 22 Advertisements
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Advertisement45 2008-06-19 22 m "II If Kyj&fil I Jbß jf THE EDWARD PIGUET WATCH Le maitre de I'horlogerie depuis 1875 ■>?o!iW~' fill I! Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Bk 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com45 words
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FINANCE & COMMODITIES
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359 2008-06-19 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jun 17 World Index Preliminan 1030.7 0.2 -8.9 -0.1 -12.0 0.3 -7.. EAFE Preliminai 980.7 0.6 -12.5 0.3 -13.7 0.6 -9.2 Euro[ Preliminan 1326.1 0.8 -14.1 0.4 -15.3 0.7 -10.! Pacific 875.0359 words
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Article131 2008-06-19 23 As at 9am Jun 18 Singapore dollars to one unit of foreign currency: Currencies Bid 't Offer Aust dollar 1.2810 1.2970 Can dollar 1.3330 1.3490 Euro 2.1050 2.1300 NZ dollar 1.0230 1.0460 Sterlini 2.6550 2.6861 US dollar 1.3570 1.3730 Local dollars to 100 units of foreign131 words
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Article175 2008-06-19 23 Jun 18 er Overnighr 1/2 1-monlli 1 1/16 2-monrhs 1 1/8 3-monrhs 1 1/4 Overnighr mode: 1/16 USS Offer 3/8 15/16 1 1 1/8 Bid 7 days 1 monrh 2 monrhs 3 monrhs 6 monrhs 9 monrhs 12 monrhs SAu 2.35 2.70 2.90 3.05 3.30 3.60 3.80 Offer175 words
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Article25 2008-06-19 23 Jun 18 len Hji Sett STI SIMSCI Jun 369.3 374.4 372.8 Taiwan Jun 314.5 317.9 315.5 Source: MF Global (S) Pte. Ltd25 words
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Article21 2008-06-19 23 Jun 18 Bid Offer 1-month 1.3659 1.3676 2-months 1.3640 1.3658 3-months 1.3623 1.3641 6-months 1.3577 1.3597 Source: OCBC21 words
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Article157 2008-06-19 23 Jun 18 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2880 1.2901 0.9415 0.9420 Canadian dollar 1.3439 1.3457 0.9824 0.9826 Euro 2.1231 2.1256 1.5520 1.5521 NZ dollar 1.0330 1.0355 0.7551 0.7561 Sterlini 2.6720 2.6755 1.9532 1.9531 US157 words
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Article369 2008-06-19 23 Jun 18 EURODOLLAR FUTURES Sep08 Dec08 Mar09 Jun09 96.825 96.465 96.275 96.065 0 0 0 0 ***** ***** 6250 2404 EUROYEN FUTURES Sep08 99.025 99.125B Dec08 99.015 99.015 Mar09 98.890 98.905B Jun09 98.745 98.780B Sep09 98.660B Dec09 Mar10 Jun10 99.025 99.005 98.855 98.720A 99.110 99.000 98.850 98.715369 words
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Article288 2008-06-19 23 Jun 18 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 09 448.25 442.50 439.50 433.75 434.75 436.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open288 words
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Article105 2008-06-19 23 Jun n\ SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 08 1558.00 1534.00 1566.00 1526.00 Aug 08 1562.75 1537.50 1568.50 1530.00 Sep 08 1552.00 1526.00 1556.00 1524.00 Nov 08 1553.00 1523.00 1557.00 1517.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 08 65.80 65.65 66.03105 words
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Article78 2008-06-19 23 CRUDE OIL PRODUCTS Jun n CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 134.43 -2.51 WTI (Near Mth) 133.76 -0.11 Dubai (1 -Mth F) 128.56 -0.87 Tapis blend 140.3 -1.45 Minas 136.7 -1.45 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 125.88 163.00 0.16 -2.2 USS/barrel78 words
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Article466 2008-06-19 23 Jun 18 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.959 6.481 0.607 7.353 40.392 87.456 1.019 9.698 3.072 1.246 63.050 41.649 1.289 7.523 0.982 28.579 31.318 0.482 0.942 Canada 1.043 6.762 0633 7.671466 words
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Article88 2008-06-19 23 Jun 18 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****E 18.09.08 1-Year BY*****N 04.05.09 0.62 0.97 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid His Day's igh 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-Year NY*****X88 words
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Article76 2008-06-19 23 Jun 18 1 mth 2.***** 1.***** 6 mths 1.***** 9 mths 2.***** 12 mths 2.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (SS) 1 yr 2.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.***** 5yrs76 words
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Article61 2008-06-19 23 Jun 18 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low Jul 08 3635 Aug 08 3615 Sep 08 3665 Oct 08 3675 Total o/p: ***** contracts 3624 3670 3630 3633 3669 3615 3640 3680 3639 3640 3681 3642 Turnover: 9706 Market tone:61 words
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Article139 2008-06-19 23 Jun 18 GOLD (USS/oz) Jun 17 Jun 16 Hong Kong London 883.30 unav 884.30 Jun 17 Jun 16 880.80 887.20 881.60 888.00 Source: Reuters CAST BAR (S$) Jun 18 Buying Sellini Kilobar "41,656.17" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz139 words
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Article70 2008-06-19 23 Jun 17\ Co iri iiuiii, yy.i (US$/tonne) Close Previous Cash 2990.50 2929.00 3 months 3036.50 2975.00 Copper, Grade A (US$/tonne) Cash 3 months 8248.00 8088.00 8289.00 8100.00 Lead (US$/tonne) Cash 1846.00 3 months 1865.00 1792.80 1811.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article83 2008-06-19 23 Jun 17 COCOA (Btonne) Close Prev Hii ih/Low Jul 08 1636 1630 1637/1602 Sep 08 1625 1621 1627/1594 Dec 08 1586 1583 1588/1556 Mar 09 1551 unch 1555/1526 COFFEE (USS/tonne) Close Pev High/Low Jul 08 2286 2226 2290/2206 Sep 08 2264 2224 2270/2207 Nov 08 2249 2207 2256/2195 Jan83 words
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Article4536 2008-06-19 23 BONDS WARRANTS Tel Code Comi Last Sale Prem Expiry Vol Conv Exer Disc Gear- mths +or- ('000) Ratio Price ing Left >am 2058 Advance Modules Grp W*****3 6 2036 Advance SCT Ltd W*****9 3 ArianeCorp Ltd W*****9 0.5 9092 Asia Environment W*****4 16 4481 #Asia Water Tech Ltd W*****0 18.54,536 words
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Page 24 Advertisements
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Advertisement3204 2008-06-19 24 Mm The Business Times Shipping times mM KM 11 WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R m _A.^,..W MIE B_mrotffl'ffflw-lfflvT mm 1%. te*****1588 <i4lines) fax:*****163 1 W\ ___^^¥t T^^^^_M [fffigl ESS I V\\M 1 IA/AN HAI INpX <»*™<* Service/Bookings Dirert Line-(1800)*****200 ■2jJ__L___l___________J BfflgE^SgjsSIESEE I V VVHII Urtl Llllfcaif PKL3,204 words
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Page 25 Advertisements
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Advertisement3281 2008-06-19 25 AUSTRAL ASIA LINE R£S D H D H H <jM 63®39^ lr^--^^ ASIA AUSTRALIA SERVICE Accepting Container/LCL/Breakbulk/Project Wm^ <f^H ■S__S^___________________________________________________E______________^ l^/V^ WEEKLY EXPRESS SAILING SCHEDULE I CAPE CONWAY 06A8 (15/06) 17/06 25/06 07/07 10/07 14/07 17/07 ___Mff_i I [!Jl33nnflTflni7iWfllfl!TTlF_Wn7lsT,H7W3^^ .:H"..F.|..||._::i I' [I ..:i ..i II ..i N K_i_yUitli_JiallJ___U___________l________^^ WESTERN AUSTRALIA3,281 words
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Page 26 Advertisements
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Advertisement4293 2008-06-19 26 E1A E1A Advertiser Vessel Voyage lelephone E1A E1A Advertiser Vessel Voyage lelephone E1A E1A Advertiser Vessel Voyage lelephone E1A E1A Advertiser Vessel Voyage lelephone E1A E1A Advertiser Vessel Voyage lelephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n4,293 words
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BizIT
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Article, Illustration430 2008-06-19 27 WINSTON CHAI - WINSTON CHAI By SAMSUNG plans to defy conventional wisdom by stepping up the launch of new phones amid the current cloud of economic certainty that looms over major markets. Financial turmoil in the United States, coupled with rising oil prices and inflation,REUTERS - 430 words
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Article, Illustration624 2008-06-19 27 Spore government awards five maritime mobile broadband services and seven healthcare infocomm projects, reports ONG BOON KIAT SHIPS out at sea can soon buy sea charts and other navigational data electronically, while emergency ward doctors will soon be able to receive heart-attack victims'624 words
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456 2008-06-19 27 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY The deal will see it equip a Keppel FELS floating platform By SINGAPORE'S DMX Technologies has bagged a contract to build what is being billed as the world's first advanced offshore IPTV (Internet Protocol TV) system for Keppel FELS456 words
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<what's up at imbX2008>
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118 2008-06-19 27 YAHOO'S attempt to take its search tool from the desktop to tne mobile pnone got a boost this week with the addition of five new regional operator partners lor its one Search product. Mahanagar Telephon Nigam in India, CSL in Hong Kong, Smart118 words
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128 2008-06-19 27 FOUR data centre operators in South-east Asia have banded together to form a new alliance to meet surging bandwidth demands. The Data Centre Alliance comprises Singapore's 1-Net, Malaysia's AIMS Asia Group, Vietnam's CMC Telecom and Thailand's TCC Technology. Combined, the four companies128 words
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Article95 2008-06-19 27 SINGAPORE'S high speed flbre o ptic network may be years unveiled a nPW mo dem to sunnort unveiled a new modem to support it. The homegrown company has showcased its flagship GPONIOOE Ethernet Gigabit Bridge, a modem that wm aUow homeg and officeg to95 words
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Article, Illustration73 2008-06-19 27 LG'S latest KF750 handset made its debut this week at CommunicAsia 2008. Code-named Secret, the slim slider phone is only 11.8 mm thick but packs in a 5-megapixel camera, touch-screen display and HSPA (high speed packet access) connectivity. It also boasts of a motion73 words
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Article, Illustration126 2008-06-19 27 CHINESE network equipment maker Huawei Technologies has unveiled a new USB stick called the E180. The slim USB modem is just 1 Omm thick and supports uplink speeds of 7.2 Mbps (megabits per second) and download speeds of 5.86 Mbps. For easy storage, the ElBO126 words
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Article, Illustration83 2008-06-19 27 WINSTON CHAI - WINSTON CHAI SANDISK has taken the wraps off a new portfolio of memory cards for mobile devices. The company said this week that its new Mobile Ultra, microSD, microSDHC and Memory Stick Micro flash memory cards are now available in capacities of 2GB, 4GB and83 words
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Page 27 Advertisements
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Advertisement174 2008-06-19 27 Samsung's feature-packed mobile phone. 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 supporting174 words
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PROPERTY
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601 2008-06-19 28 PAULINE NG - PAULINE NG They'll try to pass on extra costs to buyers, but market already showing softening By F in Kuala Lumpur WOULD-BE home buyers are keeping a close eye on new launches after Malaysian developers warned that construction costs will surge as601 words
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Article, Illustration793 2008-06-19 29 KALPANA RASHIWALA - KALPANA RASHIWALA Property consultancy sets up new business units for luxury homes, residential agency and hotels By CB RICHARD Ellis Singapore has set up three new businesses this year luxury homes, a residential agency of associates to market projects for developers and aFILE PHOTO - 793 words
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Article, Illustration1080 2008-06-19 30 SPECIAL FEATURE BROUGHT TO YOU BY FRASERS CENTREPOINT The Gold-Standard Frasers Hospitality is known for its strong customer-centric service culture and its premier properties around the world. Frasers Hospitality, which is the hospitality arm of Frasers Centrepoint Limited a fully owned subsidiary of Fraser1,080 words
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Article, Illustration355 2008-06-19 31 -Reuters Mikhail Prokhorov says he is looking to acquire distressed firms [MOSCOW] Russia's property market, facing soaring materials and credit costs, risks a hard landing that could cause many developers to collapse, the country's fifth-richest man said yesterday. In an interview with-Reuters; AFP - 355 words
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Article213 2008-06-19 31 THE Government of Singapore Investment Corporation, which manages US$lOO billion of reserves, has won an appeal against a South Korean tax charge of 16.7 billion won (5522.2 million). The Seoul High Court ruled on June 17 that the Gang-nam-gu district office should scrap taxes imposed213 words
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Page 28 Advertisements
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Advertisement1501 2008-06-19 28 I B Deloitte Centre 80 Queen Street, Auckland I Outstanding 23 level commercial office building I currently under construction I Due for completion January 2010 I Large future proofed floor plates eg podium I levels 1755m 2 net I 'Fully leased to Bank of New Zealand (15 years) I and1,501 words
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Page 29 Advertisements
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Advertisement203 2008-06-19 29 I Investment Volvo Group Regional HQ and Logistics Hub Offering Singapore I Address 33 Joo Koon Circle, Singapore I IjPt f—i| I RR=ir n I Location Jurong Industrial Estate on the junction of IL the Ayer Rajah Expressway and 5 kebl L PC W \x__r_. H Tenure 30 +17 years203 words
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Advertisement281 2008-06-19 29 BUILDING Retail/Soho/Office on Hongkong St 2 units of retail/office 8 units of office/soho Total GFA *****f Prime location Opposite Clarke Quay MRT Mins to Singapore River/Clarke Quay/ Chinatown/Marina Bay Hub High Ceiling 2 units of private parking lot Expected T.O.R June 2009 *****081 CBRE _W __T M %tW M CB281 words
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Advertisement177 2008-06-19 29 PRIME MALAYSIAN PROPERTY SALE BY TENDER t ..-VILLA GRANDE \>Ss___ fX c BUKIT \Ofc^_>«^ SS 3MTAN TUMKU VvXVft^C KENNY _*>** N ->-w -O CONDO .-"nuKiT. i^'^^O CONDO X. >/^ TAMAN DUTA ?7J^lan N.\ l- XtVlahameru V\ 'Jalan-... -jg_^_l--—""""' U.^Dut-t KENNY V&y' s ,„VALE Vl'' !*iraurj! """"""■j THE SUBJECT ■W^-^r~ Sr?177 words
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Advertisement85 2008-06-19 31 Development Sites On Prime Districts 10,12,19 20 For private treaty negotiations please call: Daniel Ng 9488 0086 (No Agents Please) For Lease HI Prime Hi-Tech Building At Alexandra Terrace 6-Storey Building Own compound GFA: 30,000 sqft (approx) Near fixture Circle Land Area: 13,600 sqft (approx) Line MRT Air-conditioned Immediate www.savills.com.sg85 words
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Advertisement1664 2008-06-19 31 f i\ High floor units sizes 872 sqft, 883 sqft, 2,500 sqft 3,500 sq ft with immediate occupation New Age, Sophisticated Office Building with I Equipped with full height window I Panoramic views of Singapore River, Boat Quay, Raffles Place and the Singapore Straits Occupiers can enjoy facilities and amenities1,664 words
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PRIME OF HEALTH
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Article, Illustration953 2008-06-19 32 An ambulatory care centre marries specialist medical care with pampering and creature comforts, writes CLARISSA TAN MOST people expect a visit to a surgeon to be uncomfortable or even scary. We brace ourselves for a long stint in a waiting room, thumbing through old953 words
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Advertisement139 2008-06-19 32 NOVENA Medical Center _______________________________________________________________________T_M^___________________________________ ____________r*w «_m _>^______Bfl_^______B_^__k wwwm.^mm Singapore's Most Modern Medical Centre Has Arrived. Designed to offer the best healthcare experience in the region, Novena Medical Center is laid out for easy navigation. Interlinked medical suites, laboratory and day surgery area also the first in Singapore to complement medical139 words
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Advertisement15 2008-06-19 32 This is the first of a 12-part series brought to you by NOVENA Medical Center15 words
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