The Business Times, 23 June 2008
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2008-06-23
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The Business Times
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Title Section22 2008-06-23 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Monday, June 23,200822 words
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Article, Illustration629 2008-06-23 1 SIOW LI SEN; EMILYN YAP - SIOW LI SEN EMILYN YAP 'Nat cats' global trend is increasing losses due to higher population density By and [SINGAPORE] Buildings in Singapore may not have adequate earthquake insurance or reinsurance cover. So if a major quake hits, there could be losses all629 words
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Article, Illustration772 2008-06-23 1 SAMUEL EE - SAMUEL EE Congestion, if left unchecked, will have negative impact on the economy By help businesses to remain competitive. Congestion also adversely impacts family life as people spend more time on the roads." When asked about the effectiveness of the higher ERP rates, given thatFILE PHOTO - 772 words
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MARKETS DIGEST
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Article54 2008-06-23 1 Weekly C 3,001.81 Change +22.25 iT Index 1 COMP 1,206.67 -22.68 IIKKEI 225 1 3,942.08 -31.65 IANG SENG 22,745.60 +153.30 ;et INDEX 768.90 -13.74 JAKARTA COMP 2,371.78 -26.64 IANILA COMP 2,578.57 +23.82 ;eoulcomp 1,731.00 -16.35 iHENZHEN B 475.54 -31.36 IUMBAI IND 14,571.29 -618.33 )OW 11,842.69 -464.66 IASDAQ 2,406.09 -48.4154 words
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Article29 2008-06-23 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.317 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.91 INDIA 12.25 Source:Bloomberg - 29 words
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Article37 2008-06-23 1 IS$ (S$ ier US$) 1.366 (US$/S$ )er 1.973 2.695 ;URO (USS/SS/E) 1.556 2.126 'EN 107.80 78.90 3.260 2.386 IK$ 7.807 5.715 !AHT 33.49 24.51 lUPIAH 9,260 6,779 1ENMINBI 6.880 5.036 INDIAN RUPEE 42.97 31.46 1.049 0.76837 words
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Page 1 Advertisements
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Advertisement84 2008-06-23 1 ___D "fffi^ -ffa ift? AUDEMARSPIGUET 11 c tnaitre de Vhorlogerie depuis 1875 /^^^s^^S COLLECTION I INITIATION INTO THE ART OF TIME PINK GOLD WATCH WITH CENTRE SECONDS AND DATE DISPLAY, EXCLUSIVE SELF-WINDING AUDEMARS PIGUET MOVEMENT. WATER-RESISTANT TO 20 METRES. ALSO AVAILABLE IN WHITE GOLD. V cortinawatch CORTINA WATCH Espace Singapore84 words
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Page 1 Miscellaneous
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Miscellaneous43 2008-06-23 1 "SS N HYDROHUB VIEWS FROM |M PROPERTY BE INSPIRED I Singapore International THE TOP Buyers show up at Zap for daily inspiration. wVIWW Water Week Getting to grips with Dakota Residences WinapairofZegna _SJmL--i pages 12-15 inflation pages 10-11 page 9 sunglasses! page 743 words
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TOP STORIES
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844 2008-06-23 2 WINSTON CHAI - WINSTON CHAI Enough competition, says Sing Tel; apply rules only to new networks: Star Hub By [SINGAPORE] Singapore Telecommunications (SingTel) and Star Hub have both given the thumbs-down to a proposed set of government regulations which could force them to split up their current844 words
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Article, Illustration304 2008-06-23 2 -AFP [KUALA LUMPUR] Malaysia announced plans yesterday to set up separate pumps at its border petrol stations to sell fuel to foreigners at market rates so that only locals can benefit from subsidised petrol. The new pumps will target Singaporeans and Thais-AFP; AFP - 304 words
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THREE-MINUTE DIGEST
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36 2008-06-23 2 IT TAKES about three and a half years on average to rebuild a company's reputation after a scandal, according to findings by Weber Shandwick. TOP STORIES, PAGE 436 words
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49 2008-06-23 2 A TOP earth scientist predicts that an earthquake measuring 8.8 or 8.9 on the Richter scale is likely to strike South-east Asia within 30 years and will almost certainly cause tremors that would affect the region, including Singapore. TOP STORIES, PAGE 449 words
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50 2008-06-23 2 THE government land sales programme for the second half of this year has triggered mixed responses from property analysts. While some read the moderate supply as a plus for property prices, others feel it reaffirms the weak market sentiment. COMPANY NEWS, PAGE 550 words
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Article39 2008-06-23 2 WHILE Asean coal equities have outperformed the broader market, the upcycle could yet last longer and be stronger than expected, says Goldman Sachs, initiating an "attractive stance" on the sector. COMPANY NEWS, PAGE 739 words
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60 2008-06-23 2 HO Bee Investment and NTUC Choice Homes have sold 80 units at Dakota Residences over the weekend. They have so far released 122 units in the 348-unit project at an average price of $970 per square foot lower than the $1,000 to $1,100 psf Ho60 words
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63 2008-06-23 2 THE tough talk on inflation from US Federal Reserve chairman Ben Bernanke and his colleagues is unlikely to lead to a boost in interest rates at least for now, economists say. Base rates will likely be held steady at 2.0 per cent63 words
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41 2008-06-23 2 THERE seems to be an increasing trend towards conspiracy theories and finding scapegoats in Kuala Lumpur these days. And the latest, going by remarks uttered over television, relates to Petroliam Nasional, or Petronas. M'SIA/INDONESIA, PAGE 2141 words
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34 2008-06-23 2 SAUDI Arabia is willing to produce more oil if customers need it, the kingdom's oil minister said yesterday without citing any specific output increase. ASIA-PAC/WORLD, PAGE 2634 words
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65 2008-06-23 2 INVESTORS are anticipating the coming week with foreboding, given the resurgence of credit market woes weighing on the financial sector and the entire economy, as well as the persistent strength of oil and other commodity prices, which has at best left the65 words
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44 2008-06-23 2 MAJOR US corporate pension plans, managing around US$l.3 trillion, are hedging their foreign asset positions by buying the US dollar. They have also been dumping equities and putting more money in alternative investments. WORLD, PAGE 2744 words
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Article, Illustration617 2008-06-23 4 LEE U- WEN - LEE U-WEN Spore almost sure to be affected, says top earth scientist By [SINGAPORE] A top earth scientist predicts that an earthquake measuring 8.8 or 8.9 on the Richter scale is likely to strike South-east Asia within the next 30 years and will617 words
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913 2008-06-23 4 ANNATEO - ANNATEO It takes about 3 1/ 2 years to restore name, credibility and confidence: report By [SINGAPORE] A company gets embroiled in a scandal. And much as the CEO would want things to blow over in a jiffy, it takes about three913 words
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Page 2 Advertisements
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Advertisement42 2008-06-23 2 Prive is now open on Mondays too Both lunch dinner Monday to Saturday Ihe Bakery Cafe and Waterfront Bar are open 7 days a week Prive, Marina at Keppel Bay, 2 Keppel Bay Vista Reservations are required. Please call +65 6776 077742 words
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Advertisement245 2008-06-23 2 H':>§a I TP^H LUXURY TOURS TRAVEL PTE LTD Balanced Currency Harvesl Euro IIC 16/06/08 106.14 EUR AfmW Wff±.\ The Leading Operator EMISIIESMBEB-lE3 Established since 1985 l»tgjj|HH^|^|iiiE^£^n 100 Orchard Hd, #02-46 Booster Capital Guaranteed Fund USD Mendien Shopping Centre D n 1-nrcjtvt Exclusive Coach Singapore *****0 RID 12/06/08 10,30 USD Email:245 words
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Page 3 Advertisements
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Advertisement96 2008-06-23 3 Ira2r- i*i;'i' J:srasJ2 Jm\ S. JWP v__L____ H_Hr atp^l fm\ vm\% if**'*? _^^^^^fc_, _______c _^fl| Hb ""*^S_ I__ __P* iH _______^^B_S^^^^ it wH ,tfM Jlt_K___f__A_i__ dHI HM_____________*__r_ _B_fe^" T___!:-,:' I?WB^T 'fIP^IHI M HF "M |pMßi_BP^^^^ jb. <^B?H__i___r _-i_'______t_ Jf >-||lffl WbmW^^^mW y' :^_ii fIPSH-1* 3™*^ ■■■^m^TmW Mm W -___^____j________i_ll B96 words
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Page 4 Advertisements
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Advertisement21 2008-06-23 4 L j j w mW\ Wu k\f* Jmm Km Hi r-_ jiHtr^""2V ,^^H Ml rlH^H9^l ___k_^^^^^^^^^^ ______BHl^^^^ 5 I <"$ *"> |BU| I21 words
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Advertisement56 2008-06-23 4 Woodlands Industrial Park El Built-in 23,000 sq-ft jf (5 Floors) Land area 10,000 sq-ft f* *g Balance 45 years <: Tenanted $444,000 p.a. fci I 1 (3yrs) kf* w Asking $5.5 million (neg) L- ftf ff B%yield (Bank Interest r I 3.2% ONLY!) Tenancy in excess of S BB I56 words
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COMPANY NEWS
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901 2008-06-23 5 CONRAD TAN - CONRAD TAN THE recent excitement over reports that shipyard operator Cosco Corp has been awarded six new orders for drilling rigs from Norwegian oil services company Sevan Marine serves to show the challenges companies face when dealing with market rumours and sensitive information. Often,901 words
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617 2008-06-23 5 LYNETTE KHOO - LYNETTE KHOO Generally, they welcome more sites on the reserve list By THE Government Land Sales (GLS) programme for the second half of this year has triggered mixed responses from property analysts. While some read the moderate supply as a plus for property617 words
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481 2008-06-23 7 VINCENT WEE - VINCENT WEE By GROWING Chinese shipbuilder JES International has announced two new contracts for four dry bulk carriers and a crude oil tanker worth almost US$25O million, bringing orders to just over US$4OO million for the year to date. JES will build four481 words
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Article472 2008-06-23 7 LYNETTE KHOO - LYNETTE KHOO Indonesian firms to benefit most as price rally continues, says Goldman By WHILE Asean coal equities have outperformed the broader market, the upcycle could yet last longer and be stronger than expected, says Goldman Sachs, initiating an "attractive stance" on the sector. Its472 words
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Page 5 Advertisements
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Advertisement164 2008-06-23 5 _____M __r^" r __r'/V_J_JT___l *-i I___p94__^v ___________F. -:'~________r^' -^vSS_s__. ___l v"' ___k_r Jr.' X _____B______^_______L^S?^^_^7::^_^*^^^ L_J_i '""^'^H ______t___^^ 7* J i "^^'raf /.ra>T ,-^r^"'_i^^,_7_^2> '~*'"^l^^3^^^^^^^^^^ _^^^^^^^^^B '--L\^Mf/-• ______^fc__s3_^-^__-*>iB_____B fi2lP§|slifc__rssS£ _l fa^ WiW^m i ■^____k Tw/^ r'^^iT_? k s& __r 1 mr^'aX^ram I I ___i'ar I n____p _L __l _51 __k^164 words
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SINGAPORE MARKETS
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Article, Illustration605 2008-06-23 6 CONRAD TAN - CONRAD TAN STOCKS STOCKS here and elsewhere in Asia are headed into the new week on a decidedly negative note, after sharp losses in US equity markets on Friday and little good news expected on the horizon. Inflation, oil prices and605 words
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547 2008-06-23 6 -AFP CURRENCIES [HONG KONG] Major Asian currencies ended last week mainly up against the US dollar as a US inter-est-rate hike was seen as less likely, and ahead of a Federal Reserve meeting. Japanese yen: The yen last week rebounded-AFP - 547 words
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Article576 2008-06-23 6 Legends: US$; Rmb; (a) HO; A) As; (aa) Final Interest Income; (ab) Final Fully Franked; (ac) Final Capital; (ac) Cash/Bonus; (ag| Dividend/Distribution; (ah) Final; (ai) To be announced; (aj) Final Tax Exemp; |ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final576 words
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313 2008-06-23 6 AFP COMMODITIES [LONDON] Oil prices raced to all-time highs of almost US$l4O a barrel last week despite Saudi plans to increase output. A weak US currency pushed up demand for crude and metals as they became cheaper for foreign buyers,AFP - 313 words
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Article1774 2008-06-23 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Advance SCT 2.50 2.50 2 7.15 3.99 0.50 0.28 Allco Comm REIT 2.50 2.25 5.49 14.39 1.05 0.83 Alii ireen Proi lerties 2.50 2.451,774 words
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Article56 2008-06-23 6 Jun 20 VALUE CLOSE -1034.00 +1.0C IT OB/OS IT CADI -*****.00 -31.0' IT 10-day MA -*****.00-104.0i TSE ST Mid Cap 739.68 -2.1 TSE ST Small Cap 637.49 +0.6 TSE ST All Share 761.93 +1.2 TSE ST China 440.95 +0.1 OB Catalist 145.93 +0.7' IMSCI 368.51 +1.9. IMSCI56 words
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Article60 2008-06-23 6 VOLUME China Honqxinq 269,843,000 Chasen 236,366,000 Golden Agri 225,757,000 Oceanus 219,279,000 Sing Tel 146,212,000 Jade Tech 107,747,000 Li Henq 100,229,000 ChinaTaisan 99,031,000 AsiaTiqer R 93,806,000 DBS DBeCWOBIOI3 92,172,000 VALUE(S) Sing Tel 542,283,420 DBS Grp 444,296,358 Capita Land 373,641,243 SGX 307,162,284 Keppel Corp 294,757,581 UOB 284,180,442 Cosco Corp60 words
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Article99 2008-06-23 6 CLOSE UP 8898 427.4 3.6 LP 10US$ IMH 3064 128.4 3.2 il Fund 166 51.0 44.3 China H 10US 1585 43.7 2.1 ndoAi 278 41.0 17.3 filmar 500 36.0 7.: •air irm 545 34.1 4.: i Land 608 28.0 4.: IA 200 1506 22.0 1. 'enture Co 970 20.099 words
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Article133 2008-06-23 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 680 -70.0 -9.3 Straits Trdi India Ni 10 1385 -63.0 -4.4 StraitsAsia 350 -45.0 -11.4 IS MSCI India 100 621 -42.3 -4.8 ISH 1700 -41.0 -1.7 STX PO DB eCW*****5 25 -36.5 -59.3 GuocoLand Ltd133 words
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Article82 2008-06-23 6 iere! S$ stands Jun 20 CHNG CLOSE FRJun19 YR2008 S$ LOW S$ HIGH ISS 1.3650 0.42 1.4542 1.3457 iuro 2.1291 -0.28 2.2064 2.0474 'ounds 2.6945 0.08 2.8431 2.6568 1.3015 -0.32 1.3235 1.2349 'en* 1.2675 0.30 1.4484 1.2641 iiah* 0.***** 0.10 0.***** 0.***** laht* 4.0844 0.49 4.4299 4.0750 •eso* 3.081382 words
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Advertisement131 2008-06-23 7 ZAP LU m m 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: 1)131 words
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Advertisement77 2008-06-23 7 The OASIS Companies High Yield IVfejcr Track Record W c Are Looking For A Partner www.oasisroi.com OASISASIA mternaticnal Ltd m KSqHL A I? 1 fr 11 ____f ■s??^-?*' W^^^*_ Hff^^^^^9^^^^Sj2?Uilll£lililA2l^^^llL _________?^^^^_l*t^k__T^i i^KWT*Tn *****1 iT^FiTHt*Tr_-M >_. _i_^A?_K^K*T^iHi__*TM_\H*_M^^_MTMT*__^^^^ Wm _Si .^^^^^H ________v 9m __fc__^_»_„ MmW^LWm K^^^^^mmm^mqhMlHß^Hl w^L^L m W^^L^" _r /X^-^^'1'l'''f^''''/'/-^^\.^^l_r.\ W^77 words
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SINGAPORE MARKETS
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Article, Illustration1519 2008-06-23 8 TEH HOOI LING - TEH HOOI LING THE end is not nigh. The stock market got clobbered last Friday as ballooning oil prices and fresh worries about the financial sector dragged Wall Street indices to their lowest levels in three months. The Dow Jones industrial average sank more than1,519 words
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Article, Illustration1297 2008-06-23 8 ROBERT HALILI - ROBERT HALILI INSIDE MARKETS By THE stock market remained depressed last week with the Straits Times Index rising a mere 22.3 points to close at 3,001.81 on Friday, leaving the bourse down by nearly 6 per cent this month.1,297 words
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SINGAPORE NEWS
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402 2008-06-23 9 LYNETTE KHOO - LYNETTE KHOO It's the fifth to be opened after London, Guangzhou, Chengdu and Los Angeles By THE Singapore government opened a centre in Shanghai over the weekend, bringing its agencies under one roof. Singapore Centre Shanghai consists of Contact Singapore, the Economic Development402 words
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311 2008-06-23 9 LYNETTE KHOO - LYNETTE KHOO BY ONLY about 60 out of some 1,000 unionised companies in Singapore have given the one-off special bonus as recommended by the tripartite National Wages Council so far, according to Labour Chief Lim Swee Say. Some 40,000 workers from the311 words
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Article, Illustration400 2008-06-23 9 KALPANA RASHIWALA - KALPANA RASHIWALA By A CLOSELY watched property market preview has yielded encouraging results amidst the current subdued market conditions. Ho Bee Investment and NTUC Choice Homes have sold 80 units at Dakota Residences over the weekend. The developers have so far released 122 units in400 words
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Advertisement456 2008-06-23 9 ___/A* V«^fl ftrf3Slr «w_JC s______''o^_r__2______ra'^_i____l Xi BoP**—_____ '-_lfi__k_th_^H IF l____i _3_- *-'"^i raJ m T^«j_L'' ra^ J__i _____^^fPG___s__l__ Bh_J^_____K_________% _HkJT l_]_n____B'____ ___7_____K___r4_i 2E__ra_H V^li ag^i 'A bK^TY'i^l l_____SisBC^ v'N™i iSSvVVp __^rai_\ "^m ___^H______ Wl&rW K___ S JV^______*^9 __r_k R__ ____§"->~^-7"^l &^L M -P^P^L *2_____. "r»^ P____M^B 6____r''V y _T-#W___', (i^*«___|.li^__T_r-*456 words
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VIEWS FROM THE TOP
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Article, Illustration2417 2008-06-23 10 THIS WEEK'S TOPIC: How are businesses coping in this inflationary environment? What public measures would you suggest to mitigate the painful effects of inflation here? Goh Chong Theng General Manager, Singapore Rabobank International PROFIT-ORIENTED companies will inevitably pass on rising costs to their customers to preserveSTOCKXPERT - 2,417 words
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Advertisement288 2008-06-23 10 -_T________d__. üßmmmmmJßMkWa*aiJS**(MlLm\\ u3r~~ .■.t-?c ra-^5 H_H>l__r_JM ___j_ter^_____b__Bfa v «BBH________??£_" •__«?ji t_as wMr\ _**-—^J__r^--_. 'S____» ____^fl _v____ vi^S^?f!«^il_l_afe^_M*___ ee^« E__M^-a „>_! ____3^^fl »&___fT■•" -^__Rr^^*_fgfl Ppii -jSH _e_raS__^A a£ k^ *L TgrWfc j^B BBl_2raL7:- >S7 ___^raiHj_tf2..2^SW ____^^^ta_____K_ 14__l___l *^?s__m_^k3l E_C____& S__fvs_K________r^7~ __tra*-SSa_ ___^B S'^^-_ti^____! .l_____ii__^.J_____B T^rajfl *J*l'i_______. *!_£_fc^'^sa______i Kwft_a_! WW /M i288 words
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Page 11 Advertisements
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Advertisement143 2008-06-23 11 Your tomorrow E5 Wm starts here today Today, Business Is: M&AS tf\.M SOM And costs tkM dont wWm\wWmwW\ wwm^LwY Introducing Intra-Company kw^k^M* s^^Hl^^^^^^fc A cost-efficient mobile I mW^ X %__^__J^^^^^^ service that gives you free i^^^^^T voice calls and SMS/MMS. VY I Free Local Calls and SMS/MMS Within Company i143 words
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INTERNATIONAL WATER WEEK
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Article, Illustration848 2008-06-23 12 Singapore International Water Week will put the Republic on the global radar screen, reports chuaimg peck miimc THIS week will see more than 5,000 policy makers, industry leaders and experts descended upon Singapore to share and celebrate success stories in tackling one of the biggest problems848 words
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Article, Illustration1259 2008-06-23 14 chuaimg peck miimc - chuaimg peck miimc Singapore launches a multi-faceted exercise to anchor the growth of the water industry worldwide, reports STRATEGICALLY located, Singapore is within easy reach of several key cities in the Asia-Pacific. This makes it a good base for many activities in the region. And the1,259 words
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Article749 2008-06-23 15 It has ensured not just a diversified source of water supply, but also one that's sustainable for generations to come, reports chuamg peck Mime IT'S IRONIC. Despite being surrounded by water, Singapore has to import water for drinking. Ever since becoming a newly independent nation749 words
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326 2008-06-23 15 CHUANG PECK MING - CHUANG PECK MING By A MAIN event in the Singapore International Water Week a week-long gathering of experts in the water world and celebration of their achievements hosted by Singapore is the presentation of the first Lee Kuan Yew Water Prize. The $300,000 award, generously326 words
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Page 12 Advertisements
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Advertisement94 2008-06-23 12 Our water expertise is flowing around the world y^^^ MMT-' '■"'^S^f-2^^^'t^^^^fia*^m -'Jt^k __^^H As Singapore's leading water management company, Sembcorp's expertise spans wastewater management (including highly concentrated industrial wastewater treatment), water recycling, desalination and industrial water supply to specialised industries. Our expertise is now being deployed in China, UK and94 words
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Advertisement285 2008-06-23 13 Immerse Yourself in an Expanse of Water Solutions < I L. *M^~^~ *^B| I J Ilj fljLmaM tTct^* I ||.E i IT"—' ___EJ_P_y -^r^rSa^f *^d__^* '■•Zr 's Kip £_^^^s^With the theme "Sustainable Water Solutions for Cities", water Leaders Summit x f> An exchange of great minds as ministers, top government285 words
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Page 14 Advertisements
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Advertisement190 2008-06-23 14 POSSIBLE: Reclaiming water with our unique liquid-filtration systems that use hollow-fiber membranes. Fresh water is essential to every life and livelihood, which is why the Earth's dwindling supply of this precious liquid is a problem shared by all. Asahi Kasei is dedicated to finding a solution, but alas, we cannot190 words
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Advertisement93 2008-06-23 15 hWMhJmm RENCHLESS Jpi i| ECHNOLOGY fH I www ,hermes-technoiogie.iie -^HJl* I^^. ES l^gT) HERMESH flKln Vl l^S^B^^H B*-*^ Mm\m h^gM^^BLTiiyiTfflßlii^WjJMWJ,,jf^jJf4Vjl 't,i:if;m F0n+49(0)2304-97 123 0 il ll^^^ '^^1 Wkm-ass /(w _F *>* I _H fe_C I HP _ff- v «v '?L /"'"'ra'lilß -JPS^JMSJ ~!^A__i"l S 3 I ■■■■■■■■■■■■■■A P^M f_mffi____ir' y:93 words
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Advertisement241 2008-06-23 15 ra—"~ Quality High Technology Electronic Mechanical Products and /ra Services to Offshore, Subsea, Defence Government Statutory Board A-dE Sea and Land Technologies specialised in Sales, Rentals, System Integration, I /7 Sy\ Service and Support of High Technology Electronic Instrumentation Mechanical NL/ j Equipment, Data Acquisition Processing Equipment for Environmental Surveys,241 words
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DINING OUT
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Article, Illustration853 2008-06-23 16 RESTAURANT REVAMP Sage, The Restaurant 7, Mohd Sultan Road Tel: 6333-8726. Open for dinner Tuesday to Sunday. Lunch on Wednesday to Friday. Closed on Monday. IN the Singapore context, going into the restaurant business is notoriously tough. It's hard enough with deep pockets,853 words
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Page 16 Advertisements
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Advertisement266 2008-06-23 16 vy v k i^|£yi3ttS_^_^_a_^^_______________________J GOOD MORNING enjoy breakfast on us We give you more reasons to book your guests with us. Enjoy a delectable gourmet buffet breakfast* at AquaMarine with our compliments, when your guests stay in our new Executive Deluxe and Premier Rooms. J^ *Valid from now till 31266 words
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DINING OUT WITH citibank
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Article, Illustration844 2008-06-23 17 / JAIME EE - JAIME EE POWER Lunch By HOW'S this for adventurous eating: a plate of stir-fried flies with vegetables in oyster sauce. A food challenge for participants in Fear Factor*? No, just an everyday lunch in a kampong enjoyed by Bert Wong while he was growing up. "OneJOHN HENG - 844 words
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Article, Illustration571 2008-06-23 17 Cheah Ui- Hoon - Cheah Ui-Hoon LUNCH MENU Cassis 7 Rochester Park Tel: 6872-9366 TWO months after it opened with just dinner service, French restaurant Cassis has started serving lunch as well. Executives who drop by now have a choice of two or three courses for $36571 words
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Advertisement18 2008-06-23 17 Brought to you by citibank •u^n fe-@ Your Citibank guide to gourmet pleasures this week r JH W18 words
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Advertisement35 2008-06-23 17 _H it*l A_r 6_r_d _Rr T^^B Please refer to citibank.com.sg for full details. Indulge in over 800 gourmet pleasures with your Citibank credit card. For more gourmet treats, visit: citibank.com.sg ""I Mobile Gourmet J citibank.com.sg/singapore/gpmobile35 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration970 2008-06-23 18 SERENE CHEONG explores the economic repercussions of crude oil price rises on everyday products and the overall cost of living THE current crude oil price rally has already hit consumers worldwide as rising raw material prices filter down to endusers of everyday products thatLUDWIG ILIO - 970 words
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Article, Illustration898 2008-06-23 18 CAMPUS LIFE A novel online portal is making waves with bargain-seeking female customers. WEE JUN KAI reports IT IS often said that behind every successful man, there is a woman. But for thirdyear undergraduates Stanley Ng Woei Cherng, Daniel Lim Kok Yeow and Han898 words
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Article204 2008-06-23 18 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have204 words
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Advertisement46 2008-06-23 18 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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ECONOMY WATCH
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672 2008-06-23 19 AFP With fuel and food prices rising sharply now, it may be timely to think back [FRANKFURT] Sixty years ago this week, Germany took the first steps from amid the rubble of World War II that set it on a path to becoming Europe'sAFP - 672 words
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626 2008-06-23 19 -AFP [WASHINGTON] The tough talk on inflation from US Federal Reserve chairman Ben Bernanke and his colleagues is unlikely to lead to a boost in interest rates at least for now, economists say. Even as central bank officials step up hawkish rhetoric,-AFP - 626 words
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175 2008-06-23 19 AFP -[TOKYO] The majority of Japan's top executives have said an expanding phase of the nation's economy has already been over, a poll showed yesterday. The Asahi Shimbun daily carried out its latest biannual survey between May 29 and June 12, coveringAFP - 175 words
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Page 19 Advertisements
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Advertisement15 2008-06-23 19 I want individual attention I want international capability I want both RBS Coutts PRIVATE BANKING15 words
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MALAYSIA
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Article, Illustration666 2008-06-23 20 Reuters Both to compete more strongly with frontrunner M'sia in Islamic bonds [SINGAPORE/HONG KONG] Malaysia, Asia's biggest Islamic finance market, can expect growing competition from Singapore and Hong Kong, which are raising their game to tap Middle East funds keen on investing in the– Reuters; BLOOMBERG - 666 words
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407 2008-06-23 20 -AFP [KOTA KINABALU] The sleepy state of Sabah, better known for its rainforests and orangutans, has taken centre stage in a battle to determine who rules Malaysia. Far from the nation's capital and political centre, a tiny Sabah component party in the-AFP - 407 words
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Page 20 Advertisements
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Advertisement632 2008-06-23 20 BLADE Pimg SERVERS v^ I f v Your datacenter operation requires servers and solutions for <T* ____ff^yl I highest levels of business continuity, efficiency and agility. K^____Pp\s____/ A Fujitsu PRIMERGY Blade Servers can deliver these benefits ___M^wJ____fl a and more, with better performance and less energy I 111 consumption. By632 words
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Advertisement1036 2008-06-23 20 IN THE MATTER OF In the matter of THE COMPANIES ACT, CAP. 50 The Companies Act, Cap. 50 AND IN THE MATTER OF l LIFETECHNOLOGIES PTE. LTD. (Company Registration N0.*****3977D) I 17 ,S_,„„._ (IN MEMBERS'VOLUNTARY LIQUIDATION) Company Reg. No. *****.384 M STATUTORY DECLARATION BY At an Extraordinary General Meeting DIRECTORS1,036 words
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MALAYSIA/INDONESIA
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Article, Illustration573 2008-06-23 21 S JAYASANKARAN - S JAYASANKARAN MALAYSIA INSIGHT Petronas is neither hiding accounts nor squandering assets; central bank chief quit Khazanah board to head off conflict THERE seems to be an increasing trend towards conspiracy theories and finding scapegoats in Kuala Lumpur these days. And the latest, going by remarks uttered573 words
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Article, Illustration530 2008-06-23 21 'Orphaned' by parents' poverty ■AP [JAKARTA] Yulianto's parents are still alive, but the 13-year-old has spent half his life in an orphanage. Looking down at the ground, he quietly explains why: His mom and dad are too poor to feed him and put him through school. Yulianto is far from■AP; FILE PHOTO - 530 words
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Page 21 Advertisements
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Advertisement313 2008-06-23 21 Congratulations mm\i\4l Hersing Corporation Ltd yj l-^C I I I^W. I ____-^^l I Jun29 S*p3o Dw3l Marie Novl6 Mar3l Jun2l SapZS _M 29 MarSO Jun29 SapZß Dm2B Mar3l I v>J|\ L/IIInV-3 I nil The brand manager and service provider of some for the world's best-known franchise brands, jr^ such as313 words
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GREATER CHINA
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564 2008-06-23 22 ■AFP Move could spark higher demand by relieving shortages, analysts say [JEDDAH] China's decision to hike prices for petrol, diesel and electricity has won praise from the United States despite fears it could spark increased demand, analysts say. China became the latest Asian nation■AFP - 564 words
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Article, Illustration82 2008-06-23 22 AFP [BEIJING] Rickshaw driver-turned-walking billboard for the Olympics, Sun Dingguo, gazing at the National Stadium in Beijing. He is one of a number of Chinese Olympics 'madmen' who has dropped everything to perform eye-catching stunts ahead of the Aug 8-24 Games. The 30-year-old rewardedAFP - 82 words
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Article, Illustration768 2008-06-23 22 ■AFP But analysts see no serious reduction in greenhouse gases Department said that it had set up the legal framework to allow projects that could sell on their reductions in carbon emissions. "These projects will help further reduce Hong Kong's greenhouse■AFP; AP - 768 words
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327 2008-06-23 22 ■AFP [SHANGHAI] China's sudden move to raise fuel prices will prevent shortages before the Olympics, but it is unlikely to bring down world oil prices or slow down the country's manufacturers, analysts said. The Chinese government announced last week it would make■AFP - 327 words
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337 2008-06-23 22 Xinhua [HONG KONG] Over a hundred buildings in Hong Kong, including some landmark skyscrapers, joined at least 70 other cities across Asia to turn their lights off for an hour on Saturday evening in a major lights-out campaign. Wim Chang and Kimmie YipXinhua - 337 words
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Article100 2008-06-23 22 lapitaLand 6.080 +0.360 lapitaMa 3.020 -0.070 jtyDev 10.320 +0.040 Iosco Corp 3.340 -0.030 IBS Grp 19.100 -0.140 :&N 4.560 +0.120 Sent lntl 0.590 -0.005 IK Land 4.250 ISH 17.000 -0.320 larc lineC&C 16.600 -0.100 KeppelCorp 11.360 +0.100 KeppelLand 5.200 +0.070 NOL 3.290 +0.020 Noble Grp 2.300100 words
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Article102 2008-06-23 22 Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 10 1 0 0 0 10 Manufacture 82 92 59 20 10 15 102 102 74 Commerce 26 30 24 31 38 32 r/C. ims 21 11 10 22 14 Finance 13 20 15 20102 words
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Article121 2008-06-23 22 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 121.315 121.315 516.635 516.635 Manufacturing 1.459.760 245.680 1.705.440 1.232.780 23.396 1.256.176 Commerce 207.985 234.180 442.165 331.050 88.560 419.610 ]t/Stor/Comms 531.964 8.637 540.601 1.412.841 3.244 1.416.085 Finance 139.814 236 140.050 1.297.636 56 1.297.692 Construction 138.175 115.157 253.332 40.190 6.571 46.761121 words
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Page 23 Advertisements
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Advertisement170 2008-06-23 23 SINGAPORE ARTS FESTIVAL 2008 vwwv.singaporeartsfest.com _SBi3i?iliffi:§i7S#ft^ OFFICIAL SPONSORS Official TV Station Official Radio Station Official Online Media /c rTl^__^flWl Singapore central H Fl'fflli'il yaheMMUB PREMIER PARTNERS pub ffi _^_a H 7. TURF CLUB ______fsWSl_____ WaterforAlliCorserve,Value,Enjoy V B Giving Hope. Improving Lives. MAJOR SPONSORS lIlSBli LEE FOUNDATION bAFFLESfITY HONG LEONG FOUNDATION170 words
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INDIA
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608 2008-06-23 24 ■Reuters It could raise its key lending rate as early as this week, say economists [NEW DELHI] India's central bank is likely to tighten monetary policy soon, after the Finance Ministry said on Saturday it expected the monetary authority to take action■Reuters - 608 words
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Article, Illustration831 2008-06-23 24 NYT Farming slowdown forcing it to turn to global markets [JALANDHAR, India] With the right technology and policies, India could help feed the world. Instead, it can barely feed itself. India's supply of arable land is second only to that of theNYT; AFP - 831 words
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549 2008-06-23 24 ■AFP [NEW DELHI] With inflation shooting to a dizzying 13-year high, Indians are wondering whether they're watching a rerun of an old horror movie they'd rather not see again. Last Friday, inflation raced to 11.05 per cent from 8.75 per cent a■AFP | - 549 words
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Article2747 2008-06-23 24 Transaction date: Jun 20 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 hk: \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing2,747 words
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MIDDLE EAST
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427 2008-06-23 25 Reuters Fuel efficiency not an issue amid rising revenues, subsidised petrol [DUBAI] Luxury sports cars, gas-guzzling SUVs, even tank-like Hummers all jostle for space on Gulf highways, their owners buoyed by record oil prices that have forced some motorists to ditch■ Reuters - 427 words
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Page 25 Advertisements
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Advertisement3273 2008-06-23 25 SinGAPORE AIRLinES SinGAPORE AIRLinES jffifr SINGAPORE AIRLINES LIMITED SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) Company Registration No. *****0078R Company Registration No. *****0078R NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING Notice Is hereby given that the Thirty-Sixth Annual General3,273 words
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ASIA-PACIFIC/WORLD
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Article, Illustration512 2008-06-23 26 -AP It will produce more than the current 9.7 m bpd if needed by customers [JEDDAH, Saudi Arabia] Saudi Arabia is willing to produce more oil if customers need it, the kingdom's oil minister said yesterday without citing any specific output increase. Saudi-AP; AP - 512 words
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141 2008-06-23 26 Reuters [LONDON] Claims from a senior member of the Qatari royal family over an alleged 50 million euro (Sslo6 million) fraud at Barclays could flare up again just as the UK bank seeks to raise funds from Qatar, a newspaper said. The SundayReuters - 141 words
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Article, Illustration367 2008-06-23 26 THE fleet's recent progress has been respectable as the teams benefit from Force five southerly winds and most teams have managed to cover over 200 nautical miles in the past 24 hours. Joff Bailey, Race Director, says, "The winds for the next 24 hoursi^neditionH I - 367 words
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1040 2008-06-23 26 ANDREW MARKS - ANDREW MARKS WALL STREET INSIGHT Investors anxious as financials face massive writedowns By in New York YOU know things are going badly on Wall Street when traders start talking wistfully about the Bear Steams debacle in late-March, those days leading up1,040 words
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Article, Illustration379 2008-06-23 26 AFP [MANILA] A ferry with more than 700 people on board listed and sank in just 15 terrifying minutes in the typhoon-battered seas of the central Philippines, one of only four survivors said yesterday. The captain of the 23,824-tonne Princess of the Stars "gaveAFP; REUTERS - 379 words
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289 2008-06-23 26 -AFP [GENEVA] The US Federal Bureau of Investigation has made a formal request to travel to Switzerland to probe a multi-million-dol-lar tax evasion case involving top Swiss bank ÜBS, a news report said yesterday. The move follows the confession of former ÜBS-AFP - 289 words
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Article402 2008-06-23 26 Jun 20 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank402 words
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WORLD
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552 2008-06-23 27 NEIL BEHRMANN - NEIL BEHRMANN They also pump cash in hedge funds, commodities and private equity By in London MAJOR US corporate pension plans, managing around US$l.3 trillion, are hedging their foreign asset positions by buying the US dollar. They have also been dumping equities552 words
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Article, Illustration406 2008-06-23 27 Reuters [TEHERAN] Iran's economy minister yesterday played down reports Teheran was withdrawing assets from Europe in the face of tightening sanctions over its nuclear programme. Hossein Samsami, acting economy minister, also said the sanctions were not having a major impact on theReuters; AP - 406 words
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198 2008-06-23 27 Reuters [SAN FRANCISCO] The thought of Apple Inc without chief executive Steve Jobs spooks many investors, but his absence might not spell long-term disaster for the innovation machine behind the iPod and iPhone. The issue came into focus early last week after■ Reuters - 198 words
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219 2008-06-23 27 LAT-WP [WASHINGTON] Increasing struggles by consumers and businesses to make payments on a variety of loans, not just mortgages, are setting off a new wave of trouble in the financial sector that is battering even institutions that had steeredLAT-WP - 219 words
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Page 27 Advertisements
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Advertisement825 2008-06-23 27 I DISCOVER SECRETS HOW ORDINARY PEOPLE I PTSSIIIIISM WlfHI NO EXPERIENCE IMN $10,000 TOWTHUf L__i__i£LSl_LSt_gJ Vp^^ pT npDi i \n i a flj TANKPR Tbk '■"">'''"*• Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! "V: P J:::? No need to quit your job. MONEY BACK825 words
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Advertisement307 2008-06-23 27 MORE BANG FOR YOUR BUCK Pulses: the heart of the investing community. Get your copy at $5.50 at leading newsstands and petrol stations. To subscribe, call *****38. Or get it at Spinelli and a 1 complimentary medium Spin or fc Vv. L^ is on the house! F^-T^fii-^ Produced by The307 words
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FORMULA ONE
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Article, Illustration550 2008-06-23 28 AP He overtook Raikkonen with 32 laps to go and won by 17.9 seconds [MAGNY COURS, France] Felipe Massa of Ferrari won the French Grand Prix yesterday and moved top of the overall standings after his third Fl victory of the season. MassaAP - 550 words
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533 2008-06-23 28 ■AFP [MAGNY-COURS, France] The Mag-ny-Cours motor racing circuit on Friday unveiled plans for a major redevelopment of its site and facilities in a bid to retain the French Grand Prix. After months of rumours about the future of the French race,■AFP - 533 words
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554 2008-06-23 28 ■NYT [NEW YORK] Renault became the first road-car manufacturer to win the Formula One championship as a full team owner and designer and builder of its chassis and engine. It also won the title again the next year. But as Renault returned for■NYT - 554 words
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Page 28 Advertisements
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Advertisement90 2008-06-23 28 ii»*r_ _ff?lTffl^ lllftl-OflL I 1-4 Lianhe Zaobao J..«in_ SHOW- ___> ■i____.l_r „rand nev. I ___£■"< lIKIJ M m Starting 9 June 2008 J. fl T _jl Tl 5 every Monday to Friday v*^ TaA ff Fl Fl 6am to ioam L" l* k L»i y_i'l K/^>v r^\ 111 a^^Mfc^i* 190 words
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TRANSPORT
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362 2008-06-23 29 Reuters [LONDON] Britain wiU consider building five new main rail lines in a strategic review that could lead to the biggest railway expansion in more than a century to try to cope with booming demand, Network Rail said on Saturday. The railway infrastructureReuters - 362 words
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TRANSPORT STOCKS
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Article103 2008-06-23 29 '000 lun CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.64 0.38 3.34 0.87 2.67 1.27 0.07103 words
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Article32 2008-06-23 29 '000 lun Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.87 8.40 8.25 3.62 unch 0.20 0.02 -0.15 0.05 unch unch -0.02 331 13) 40 107' I 2!32 words
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Article11 2008-06-23 29 ■recious Ship Jegional Cont 22.90 23.00 0.60 1.50 2373 61111 words
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Article23 2008-06-23 29 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 30.50 unch unch unch -1.00 unch unch 68 r 33( i i23 words
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Article19 2008-06-23 29 Evergreen Marine ....24.60 :irst Steamship 57.30 ManHai Lines 24.30 r"ang Ming Marine ..21.00 -0.60 -0.70 -0.50 -0.90 119 words
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Article39 2008-06-23 29 '00 '000 lun 'en :awasaki Hvylnd ..312.00 -11.00 ***** :awasaki Kisen ...1004.00 -20.00 6404 /litsubishi Hvy 554.00 -14.00 ***** /litsui Eng&Sbldg ..356.00 -9.00 ***** /litsuiOsk Lines ...1480.00 1.00 ***** lippon Express 496.00 -2.00 3431 JipponYusen 987.00 -6.00 636739 words
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Article, Illustration298 2008-06-23 29 Bloomberg [MANILA] Manila will open its fourth airport terminal early next month after a six-year delay caused by legal wrangles. Cebu Air Inc, the nation's second-largest carrier, Air Philippines Corp and PAL Express will use the terminal for domestic flights, Transport SecretaryBloomberg; AFP - 298 words
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384 2008-06-23 29 Bloomberg Demand for ships also cut as farmers protest in Argentina [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, had its first decline in three days on reduced demand for iron ore in China, the world's largest■ Bloomberg - 384 words
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632 2008-06-23 29 Reuters Audit report faulting award to Northrop will delay project, says outgoing chief [WASHINGTON] The ousted head of the US Air Force said on Friday that he expected the service to seek new bids for midair refuelling aircraft from BoeingReuters - 632 words
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Article2465 2008-06-23 29 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:2,465 words
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Page 29 Miscellaneous
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Miscellaneous375 2008-06-23 29 CRYPTIC CROSSWORD across mmwr- —____r 7He might scale the apples J£| B I |^j' |J[ and pears for you (9) I^^ 8 It could describe Bardot mi- I I tially (she's French) (5) BE WM WM WM UW WM WM IB 10 Brass trumpets blown (8) WM WM BM Bl375 words
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SINGAPORE STOCKS
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Article7239 2008-06-23 30 Week ended: Jun 20 52-wks Tel |h Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil Hi! Com| )anj 5716 1st Software 22 6.5 3148 STelecom 28 5 8 5 5834 A-Sonic 110 100 6389 ABF7,239 words
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Article69 2008-06-23 30 _H|< Low Code Comi Sale COOP) _H|< Low Bui Seller C'vr P/E imil 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF 3977.9 3013.7 6010 STI ETF69 words
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Article2063 2008-06-23 30 Hii Low Code Comi Sale COOP] Hii Low Bu1 Seller C'vr P/E >mil 23.5 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 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 78142,063 words
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Article216 2008-06-23 30 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 offer216 words
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Page 30 Advertisements
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Advertisement12 2008-06-23 30 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED jl Internet: Hltp://www.audemarspiguet.com12 words
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FINANCE & COMMODITIES
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360 2008-06-23 31 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jun 20 World Index Preliminan 1002.2 -1.2 -11.4 -1.2 -14.2 -0.9 -9.I EAFE Preliminai 946.2 -1.5 -15.6 -1.1 -16.1 -0.8 -11.1 Euro[ Preliminan 1275.9 -1.6 -17.3 -1.1 -17.9 -0.8 -13.! Pacific 849.2360 words
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Article123 2008-06-23 31 As at 9am Jun 20 Singapore dollars to one unit rf foreign currency: Currencies Bid 't Offer Uist dollar 1.2920 1.3070 .an dollar 1.3400 1.3560 luro 2.1100 2.1340 IZ dollar 1.0340 1.0560 iterlini ind 2.6850 2.7150 JS dollar 1.3620 1.3770 .ocal dollars to 100 units it123 words
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Article158 2008-06-23 31 Jun 20 Xternight 7/16 -month 1 1/16 !-months 1 1/8 I-months 1 1/4 Overnight mode: 5/16 IS$ Offer 5/16 15/16 1 1 1/8 Bid 7 days I month > months 3 months d months months 12 months tAu 2.95 2.70 2.85 100 130 3.55 3.80 Offer 2.85 2.60158 words
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Article22 2008-06-23 31 Jun 20 STI IIMSCI Jun 366.7 371.3 368.5 "aiwan Jun 309.5 311.7 306.1 Source: MF Global (S) Pte. Ltd22 words
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Article21 2008-06-23 31 Jun 20 Bid Offer -month 1.3633 1.3648 !-months 1.3612 1.3628 i-months 1.3594 1.3611 i-months 1.3546 1.3564 Source: OCBC21 words
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Article154 2008-06-23 31 Jun 20 Against SS lurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.3016 1.3031 0.9533 0.9535 Canadian dollar 1.3452 1.3469 0.9852 0.9855 luro 2.1244 2.1266 1.5559 1.5560 IZ dollar 1.0410 1.0425 0.7624 0.7628 aterlini 2.6931 2.6960 1.9724 1.9726 IS154 words
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Article371 2008-06-23 31 Jun 20 URODOLLAR FUTURES >ep08 Dec08 Vlar09 un09 96.865 96.525 96.345 96.155 0 0 0 0 ***** ***** 6379 2376 EUROYEN FUTURES iep08 99.120 99.125 Dec08 99.025 99.025 Vlar09 98.885 98.885 Iun09 98.750 98.760B >ep09 Dec09 Vlar10 Iun10 99.120 99.015A 98.865A 98.730A 98.645A 98.575A 99.125 99.030 98.880371 words
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Article283 2008-06-23 31 Jun 20 (UBBER Futures (Closing prices) ISS 1 (S cents/kg) /lonth High Low Close Sett Volume (tonnes) Open Interest lul 08 <\ug 08 >ep 08 3ct/Dec 08 Ian/Mar 09 <\pr/Jun 09 439.00 435.50 431.50 427.50 428.50 430.25 RSS 3 (US cents/kg) Month Hig sb Low Sett Volume (tonnes)283 words
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Article103 2008-06-23 31 Jun 20 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 08 1532.50 1545.50 1568.00 1522.51 Aug 08 1535.00 1548.00 1568.00 1526.01 Sep 08 1515.50 1528.00 1546.00 1506.01 Nov 08 1509.00 1521.50 1540.00 1499.01 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Lov\ ih/Low lul 08 63.88 64.12 65.05103 words
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Article76 2008-06-23 31 CRUDE OIL PRODUCTS Jun 19 origin] t/barrel Close Cham irent blend (1 -Mth F) 133.61 0.9 VTI (Near Mth) 132.14 -4.32 )ubai (1 -Mth F) 130.62 2.37 "apis blend 143.35 3 i/linas 139.7 2.95 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 128.77 167.00 3.22 3.1 USS/barrel )pec Oil76 words
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Article443 2008-06-23 31 lun 20 lustralia 0.968 6.559 0.613 7.443 40.968 88.285 1.027 9.810 3.108 1.250 64.119 42.245 1.302 7.567 0.991 28.963 31.925 0.483 0.953 Canada 1.034 6.779 0.633 7.693 42.341 91.245 1.062 10.139 3.212 1.292 66.268 43.662 1.346 7.821 1.025 29.934 32.995 0.500 0.985 Ihina 0.152 0.148 0.093 1.135443 words
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Article89 2008-06-23 31 Jun 20 'eriod Issue code Maturity Yesterday's Bid Day's High Low l-Month BQ*****E 18.09.08 -Year BY*****N 04.05.09 0.59 0.95 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid His Day's igh Low !-Year N*****0F 2.625 i-Year N *****0V 1.625 '-Year NX*****F 3.625 0-Year NY*****A 4.000 5-Year NY*****X89 words
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Article69 2008-06-23 31 Jun 20 mth 2.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 2.***** mths 2.***** 1.***** mths 2.***** 1.***** mths mths 2 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.***** 5yrs 3.***** 7yrs 3.***** 10yrs 4.*****69 words
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Article62 2008-06-23 31 lun 20 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low lul 08 3528 Hug 08 3532 >ep 08 3545 3d 08 3544 rota I o/p: ***** contracts 3538 3547 3520 3545 3548 3520 3551 3557 3525 3558 3556 3529 Turnover: 9262 Market62 words
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Article133 2008-06-23 31 Jun 20 /oz) lun lun Hong Kong London 898.60 890.10 899.60 891.10 lun 20 lun 19 905.10 903.80 906.10 904.80 Source: Reuters CAST BAR (S$) lun 20 Buying Sellini Kilobar "42,445.83" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz133 words
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Article70 2008-06-23 31 Jun 20 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 3093.50 3026.80 3 months 3140.00 3073.00 Copper, Grade A (US$/tonne) Cash 3 months 8600.00 8435.00 8496.00 8330.00 Lead (US$/tonne) Cash 1858.00 3 months 1880.00 1790.00 1811.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article78 2008-06-23 31 Jun 20 (£/tonne) Close Prev Hii ih/Low lul 08 1688 1663 1693/1650 iep08 1666 1654 1669/1640 Dec 08 1625 1611 1628/1600 War 09 1593 1580 1596/1568 IOFFEE (USS/tonne) Close Pev High/Low lul 08 2365 2267 2380/2270 iep08 2360 2258 2370/2255 Mov08 2325 2233 2339/2238 Ian 09 2270 2204 2275/221878 words
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Article5044 2008-06-23 31 BONDS WARRANTS Fel Zode Comi Last Sale Vol Conv Exer ['000) Ratio Price Disc Gear- ing ffth's Left +or>058 Advance Modules GrpW*****3 6 >036 Advance SCT Ltd W*****9 3 ArianeCorp Ltd W*****9 OS )092 Asia Environment W*****4 16 1481 Asia Water Tech Ltd W*****0 18.5 S816 #Asiasons Capital Ltd WO*****5,044 words
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Advertisement2693 2008-06-23 32 m The Business Times Shipping times KPI BJCTJ^jffHnffJPff^fffJßßßß f WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R _i. v__i __T*Ll Hl|^S9iffiH_Q_&__!3__B_B_^_^_D______l ■■>>__■ ■■__■_■_>■ TEL *****588 (14 LINES) FAX: *****163 V W"^^^_Tll^!_^^^^H .BtfiaE. wl.BWl.tgti.? \\M IIA/AM HAI INF\ Customer Smi<e/B-okingsDire<l Line (1800)*****200 M A rft I I t,"X^.~l* I I KMIBfaiBW IWraKH!H N^i2,693 words
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Advertisement3366 2008-06-23 33 RICKMERS-LINIE I I Tjrgn EASTERN CAR LINER. LTD I \lS§ £J(£?3S^ Regular Breakßulk/Project/SOC Conventional Services website: www.rickmers.com HI C 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I iii_r_ i v rvnnree e«ii urn enurnm r USA Service H WbbKLY bXrnboo oAILINu oUHbUULb Vessel I Voy ~l SIN3,366 words
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Advertisement3516 2008-06-23 34 PSi H 19 H 19 H II IPg ANDERSEN I fife GLORY NAVIGATION fißflilP. Vs/AMkdfl 158 858 r-^* i shipping companT7 70 Shenton Way, #21-03 Marina House Singapore *****8 OL«nl IIHWIUft I Kill UllUUr I mm^KiM. ffill RflU WM WM Mi NORTH WEST EXPRESS LINE «*4K.-t*t^U».*'«l MONTHLY SERVICE TO WESTERN3,516 words
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Advertisement3949 2008-06-23 35 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SlNDestjnName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name3,949 words
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BizIT
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Article, Illustration761 2008-06-23 36 It aims to double enterprise product business in Spore and Asia, reports ONG BOON KIAT GOOGLE Inc has set a goal to more than double annual sales of its budding Google Search Appliance (GSA) and Google Apps Premier Edition product lines in Singapore and Asia.761 words
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<what's new>
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Article, Illustration108 2008-06-23 36 D-LINK has introduced the DNS-313, a single bay SATA (Serial Advanced Technology Attachment) product designed to allow users to store and access their digital content across different locations. It can accommodate a SATA hard drive which offers storage capacities of I,OOOGB or more, and can also108 words
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Article, Illustration117 2008-06-23 36 CANON has incorporated a colourful and toy-inspired design into its latest series of compact photo printers. The new Selphy CP77O and CP76O are touted to be highly portable and features an improved user interface. The CP77O for example, comes with a bucket-like storage case,117 words
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Article, Illustration117 2008-06-23 36 I I NOKIA has taken the wraps off the E7l and E66, the latest additions to its E series line of smart phones for business users. The two new handsets are designed to allow users to access their corporate e-mail on the go. The E7l117 words
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Article, Illustration805 2008-06-23 37 Link will enable offsite clients to interact with bank staff, reports AMIT ROY CHOUDHURY BY the end of this year, customers of two local banks could be interacting with bank staff over a high-quality video link from remote ATM locations around the island805 words
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Article, Illustration489 2008-06-23 37 WINSTON CHAI - WINSTON CHAI It will be one of the computer suppliers for the deal: sources By DESPITE losing out to rival EDS International in the government's first mega outsourcing deal, Hewlett-Packard (HP) still stands to benefit from the billion-dollar contract. According to Adrian Koch,FILE PHOTO - 489 words
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<what's up>
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107 2008-06-23 37 THAI operator True Move has become the latest addition to the Conexus Mobile Alliance, a grouping of regional telcos which includes Singapore's Star Hub and NTT Docomo in Japan. With the addition, Star Hub's local customers may soon see their existing roaming perks being107 words
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Article84 2008-06-23 37 NEC's regional subsidiary has appointed Kiyofumi Kusaka its new chief executive officer. Before taking the helm at NEC Asia, Mr Kusaka was the general manager of the international solutions promotion division at the company's headquarters in Japan. He also served as the president of NEC's84 words
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114 2008-06-23 37 A NEW regional survey by market research firm IDC has revealed that Internet advertising may be a good platform to convey information to consumers, but it is less effective in getting them to commit to a purchase. Sixty per cent of the respondents114 words
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83 2008-06-23 37 Sing Tel has become one of the two new patron members of CASBAA (Cable Satellite Broadcasting Association of Asia), a regional trade group made up of major broadcasters and equipment providers. This follows the company's foray into the pay-television business with the launch of83 words
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Article72 2008-06-23 37 SABRE Airlines Solutions has appointed David Chambers as its new regional vice-president of the Asia-Pacific region. Based in Singapore, he will oversee the company's client management functions across all its Asian business units. He was formerly with Unisys as the partner of its global transportation72 words
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Article87 2008-06-23 37 SINGAPORE Expo is set to play host to even Tech, a audio-visual (AY) tradeshow targeting AY installation and integration businesses, on June 25 and 26. The republic is the second destination for the show, with the first being staged in Scotland earlier this year.87 words
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Article, Illustration444 2008-06-23 37 ■AFP Bill Gates will have his last official day of work this Friday, but stays chairman. [SAN FRANCISCO] Bill Gates, a Harvard University dropout who ushered in the home computer age and made billions of dollars along the■AFP; AP - 444 words
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Advertisement103 2008-06-23 36 AVAYA WILL CHANGE THE WAY YOU CONNECT WITH CUSTOMERS. jfe I'm Daniel, head of IT for a customer contact centre. My communications w software identifies customers by their phone number and connects them to the I right rep the first time. My competition sm mm^ W wishes they had this103 words
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Page 36 Miscellaneous
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Miscellaneous11 2008-06-23 36 Tandberg testing ATM kiosk video link solution r Page 37 JO11 words
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Advertisement170 2008-06-23 37 K_\MT7_\c|^_ffi^m!»!l 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,170 words
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BizIT FOCUS
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Article, Illustration1098 2008-06-23 38 ENTERPRISE NETWORKING TRENDS Video, SaaS and workplace mobility will have a big impact on corporate networks, reports ONG BOON KIAT VIDEO, software-as-a-service (SaaS), and workplace mobility are emerging as key drivers that will shape the next generation of corporate networks. TheBLOOMBERG FILE PHOTO - 1,098 words
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306 2008-06-23 38 ONG BOON KIAT - ONG BOON KIAT MOST of the adoption of IOGbE today is seen in the backbone or core of large enterprises or inside data centres, observed Amol Mitra, director of marketing, Asia Pacific and Japan, HP Pro Curve. Indeed, the industry's fastest enterprise306 words
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331 2008-06-23 38 CHINA Central Television (CCTV), China's national TV broadcaster which boasts a viewership of 1.1 billion, has entered the final stretch of work to get its new 159m-high Television Cultural Centre (TVCC) ready for the Beijing Olympic Games, which begin on Aug 8. When331 words
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Advertisement172 2008-06-23 38 JtVL rwmm—^^ 11 l________^^________B v AM W w fl H _fl fl fl f ___> I __Wl V ___L __f W II n__________________________l k__* -fl UHgb"^ I'" *1 ""iflflfli P-^A 1 w **> _Jk_____^ s__ I ■< _>^^^ ____fc T^_L ,v Your network is critical to the success of your172 words
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Advertisement8 2008-06-23 38 This series is brought to you by CommScope8 words
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