The Business Times, 16 September 2008

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

Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Tuesday, September 16,2008
    25 words
  • 681 1 Bank of America buys Merrill Lynch for USssob in day that shakes US financial industry to the core [NEW YORK] Nervous investors waited for American International Group Inc (AIG) to announce a survival plan yesterday after two venerable Wall Street
    AP; Bloomberg  -  681 words
  • 512 1  -  CONRAD TAN By [SINGAPORE] Stocks worldwide plunged yesterday after the worst weekend on Wall Street in recent memory spelt the end for two of its biggest and oldest banking names. As news of the collapse of Lehman Brothers and the extraordinary takeover of
    512 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 91 1 PROPERTY SMEINC |j^Pf||V3 SME VOICES BE INSPIRED I Sales of new homes Counting PW^^H^Wi Bumper baby bonus: Zap for daily inspiration. _h in Aug down sharply on chickens fe§2 1 Boon or bane? Win a Nikon Digital page31 page 12 IK<1Uk^^H page 13 Camera! PAGE 18 MORE REPORTS Deal fails
      91 words

  • TOP STORIES
    • 753 2  -  ANDREW MARKS US FINANCIAL CRISIS Dow plunges at opening as traders say confidence is at a low point By in New York US STOCKS were battered in the early going yesterday as the collapse of Lehman Brothers and the takeover of Merrill Lynch, engineered
      AP  -  753 words
    • 584 2 Bloomberg ECB, BOE pump emergency funds into their systems [WASHINGTON] The Federal Reserve has widened the collateral that it accepts for loans to securities firms to include stocks in an effort to help Wall Street weather Lehman Brothers Holdings Inc's plans for bankruptcy.
      – Bloomberg  -  584 words
    • THREE-MINUTE DIGEST
      • 96 2 NERVOUS investors waited for American International Group to announce a survival plan yesterday after two venerable Wall Street firms fell from the shock waves of a credit crisis that has plunged the financial system into turmoil. In the biggest financial
        96 words
      • 64 2 US STOCKS were battered in the early going yesterday as the collapse of Lehman Brothers and the takeover of Merrill Lynch, engineered in seemingly last-minute fashion on Sunday, shook investor confidence down to the bone. The Dow Jones Industrials plummeted to a triple
        64 words
      • 73 2 SHELL-SHOCKED Lehman Brothers employees in Suntec Tower Five were trying to put on a brave face yesterday, though none knew their fate following news that their company had filed for bankruptcy protection in the US. Although many Lehman workers continued going to
        73 words
      • 46 2 OLAM International will be investing U*****.4 million in a sugar refinery and a wheat mill in Nigeria through a strategic partnership with the Modandola Group, which has interests in shipping, agriculture, real estate and other sectors. COMPANY NEWS, PAGE 7
        46 words
      • 30 2 SIA Cargo inks $500m deal with Pratt Whitney SINGAPORE Airlines Cargo has signed a 10-year, $500 million fleet management deal with Pratt Whitney Global Service Partners. COMPANY NEWS, PAGE 9
        30 words
      • 82 2 MORE layoffs are on the cards, and wages are likely to jump and stay up in 2009 despite an expected economic slowdown. Eleven per cent of 218 companies polled last month have retrenched or plan to retrench workers this year. Wage increases are
        82 words
      • 68 2 CHINA'S central bank yesterday acted decisively to prop up the country's slowing economy by cutting the cost of bank loans for the first time since February 2002. The People's Bank of China also lowered the reserve requirement for all banks, except the five
        68 words
      • 59 2 SALES of new homes in Singapore fell sharply in August as developers held back launches and buyers waited out the slow Hungry Ghost month amid global turmoil. The number of new homes sold fell sharply to 320, down 64.3 per cent from the 897
        59 words
    • 568 2  -  LEE U-WEN Proposal to amend Constitution tabled in Parliament By [SINGAPORE] A bill to amend the Constitution has been tabled in Parliament that would allow the government to increase the amount it can spend from gains made by investing Singapore's
      568 words
  • Page 2 Advertisements
    • 461 2 Foreign Exchange Rate Risk Management Dates With globalisation and cross border trading, managing foreign exchange 23 -24 October 2008 (FX) exposures cannot be left to chance. This shared learning workshop 9.00 am to 5.00pm initiates participants in the rudiments of currency risk management, provides an integrated approach and an update
      461 words

  • Page 3 Advertisements
    • 286 3 31k»2 *****0 ***** Valid Thru 3^l== Member Sines r _j I o©/'JO 03 I M 3~102 *****0 %L:00Valid Thru MtratefSince ObJ\o &4 You like to stay ahead. To be at the top of the game. And are constantly of the Series, is specially designed for you. Reserved for the select
      286 words

  • US FINANCIAL CRISIS
    • 627 4  -  SIOW LI SEN Lehman staffers await fate; MAS says it's monitoring markets closely By [SINGAPORE] Shell-shoc-ked Lehman Brothers employees in Suntec Tower Five were trying to put on a brave face yesterday, though none knew their fate following news that their company
      REUTERS  -  627 words
    • 834 4  -  TEH HOOI LING HOCK LOCK SIEW By IN August 1998, in the throes of the Asian financial crisis, the Hong Kong Monetary Authority (HKMA) spent over US$l5 billion scooping up the territory's blue-chip stocks and stocks futures. The authorities were waging a battle
      834 words
    • 494 5 Reuters It approached Fed seeking USs4ob in short-term financing: NYT [NEW YORK] American International Group Inc (AIG) will likely incur sizeable markdowns, as the liquidation of Lehman Brothers Holdings Inc is expected to put substantial pressure on structured finance securities and Credit Default
      Reuters; AP  -  494 words
    • 450 5  -  GENEVIEVE CUA It maintains separate insurance funds for policies By [SINGAPORE] The troubles dogging the American International Group Inc (AIG), the US-based parent of life insurer AIA and non-life insurer American Home Assurance here, will not affect policy contracts, say the group's executives. News
      450 words
    • 396 5 [NEW YORK] Bank of America yesterday began adding another slice to its growing financial services empire, buying Merrill Lynch in a US$5O billion deal that would create a bank offering everything from fixed-income trading to credit card lending. Bank of America said yesterday
      : The companies  -  396 words
    • 562 5  -  LYNETTE KHOO Analysts feel it will accept chance to be part of giant entity By [SINGAPORE] Temasek Holdings is getting more than it asked for. Nine months after it bought a chunk of Merrill Lynch, it may end up holding stakes in
      562 words
    • MARKETS DIGEST
      • 27 5 Bloomberg Singapore 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.782 taiwan 6.316 JAPAN 1875 KOREA 933 BRITAIN 5.00 CANADA 4.75 SWITZERLAND 3.88 NDA 1375 Source:
        Bloomberg  -  27 words
      • 42 5 lorn iam 1 COMP 1,031.63 -12.40 IIKKEI225 Closed IANG SENG Closed ;et INDEX 642.39 -11.95 JAKARTA COMP 1,719.25 -84.81 1ANILA COMP 2,536.16 -109.96 ;eoulcomp Closed iHENZHEN B Closed IUMBAI IND 13,531.27 -469.54 12N00N EDT Cham )OW 11,179.19 -242.80 IASDAQ 2,231.64 -29.63
        42 words
      • 37 5 IS$ (S$ per US$) 1.431 (US$/S$ per 1.803 2.580 URO (US$/S$/E) 1.430 2.046 'EN 105.10 73.40 3.457 2.416 IK$ 7.793 5.447 !AHT 34.55 24.15 lUPIAH 9,460 6,611 lENMINBI 6.838 4.779 INDIAN RUPEE 45.91 32.09 1.221 0.854
        37 words
  • Page 4 Advertisements
    • 183 4 Ultra Short Throw Technology Ultra Short Throw LCD Projector shadow Free presentation f i I A/\ l 1 f 1 Multiple Usage on Various Environment r"M ILJ LJ Made in Japan Authorised Distributor: m AY-Science Marketing Pte Ltd Office and Showroom: 3 Upper Aljunied Link Blk B #08-06 Joo Seng
      183 words

  • Page 5 Advertisements
    • 113 5 m |HBSMfssß*vcoß^ SSS www.servcorp.com.sg ifeS W^wT^uW*rVT_m Instantly in Business I From $90* per month! A |l No set up fees, no security deposit, month to month flexibility M Prestigious address for your business cards and letterhead Access to over 300 boardrooms and meeting rooms, fl locally internationally-book online in real
      113 words

  • Page 6 Advertisements
    • 4844 6 SP CHEMICALS LTD. SP CHEMICALS HOLDINGS LTD (Incorporated in the Republic of Singapore) (Incorporated in the Cayman Islands) Company Registration Number *****5499R Company Registration Number CT-*****9 Financial Adviser for the Delisting and the Exit Offer ■IKfUOB 111 l m m 'n JOINT ANNOUNCEMENT PROPOSED VOLUNTARY DELISTING OF SP CHEMICALS LTD.
      4,844 words

  • COMPANY NEWS
    • 480 7  -  EMILYN YAP It will go into sugar refinery, wheat mill with Nigeria's MG conglomerate By I OLAM International will be investing U*****.4 million in a sugar refinery and a wheat mill in Nigeria. The supply chain manager of agricultural products and food ingredients said
      YEN MENG JIIIM  -  480 words
    • 417 7  -  UMA SHANKARI It cites construction costs; projected return still on track By CAPITALAND yesterday said that its investment in one-north hub will now cost $476.8 million up from $380 million announced in September 2007 because of rising construction costs. Capita Land will own and manage
      417 words
    • 473 7  -  ANGELA TAN By SOME key management members of SP Chemicals Ltd, including its chief executive officer and chief financial officer, are offering cash of 73 cents a share for all the shares they do not own to delist the
      473 words
    • 312 9  - SIA Cargo inks $500m deal with Pratt Whitney YEN SREENIVASAN Maintenance deal covers 13 cargo planes, 6 spare engines over 10 years Reports by SINGAPORE Airlines Cargo has signed a 10-year, $500 million fleet management deal with Pratt Whitney Global Service Partners. The agreement covers engine maintenance for 13 Boeing
      312 words
    • 286 9 The number of passengers carried continues to rise by 2.2% to 1.66 m A COMBINATION of softening travel demand and increase in capacity saw Singapore Airlines (SIA) fill 79.4 per cent of its seats in August, down from 81.6 per cent a year
      286 words
    • 379 9  -  NISHA RAMCHANDANI By MAINBOARD-LISTED Thomson Medical Centre has embarked on its second hospital project in Vietnam. The group, through wholly owned subsidiary Thomson International Health Services, is helping Hanh Phuc International Women Children Hospital Joint Stock Company (Hanh Phuc JSC) to establish a
      379 words
    • 388 9  -  VINCENT WEE By PACIFIC Shipping Trust (PST) yesterday took delivery of its biggest vessel to date the 4,250-TEU (twenty-foot equivalent unit) CSAVLaja, increasing its slot capacity by 24 per cent to 21,714 TEUs. It also announced that subscription for its preferential
      388 words
    • 324 9  -  OH BOON PING By AURIC Pacific Group has successfully brought Food Junction Holdings (FJH) under its fold as a subsidiary following the completion of a partial offer which raised its stake in the food-court owner to 54.4 per cent. On July 7,
      324 words
    • COMPANY BRIEFS
      • 122 9 THE share price of Cosco Corp Singapore, the shipbuilding unit of China's biggest shipping company, fell to a two-year low in Singapore trading as a global economic slowdown may hurt demand and affect orders for new vessels. The stock dropped 11 per cent to
        – Bloomberg  -  122 words
      • 64 9 NEPTUNE Orient Lines (NOL) announced a 10 per cent year-on-year rise in container volumes for the four weeks to Aug 22 mainly due to higher volumes on the intra-Asia trade as well as the Asia-Europe and Transpacific backhaul trade routes. Average revenue per forty-foot equivalent
        64 words
      • 65 9 SINGAPORE Airport Terminal Services Limited (SATS) has signed a memorandum of understanding (MOU) with Shatec Institutes Pte Ltd to explore a joint co-operation in providing premier events catering services to Singapore's fast growing hospitality and tourism lifestyle industry. Following the MOU signing, both parties
        65 words
      • 66 9 HLN Technologies' 75 per cent-owned subsidiary, HLN Metal Centre, has entered into an agreement with purchaser Reliance Metalcenter Asia Pacific to dispose certain assets for U552,635 million, at a loss of about *****,000. In a separate announcement, it also said that its wholly owned
        66 words
  • Page 7 Advertisements
    • 329 7 B'Tor air miles alone, the Citi Premier Miles card... iS hard tO beat." SPH- The Business Times Citi Premier Miles is truly unbeatable*: Citi Premier Miles Other Travel cards Most miles v^ Most airlines to choose from v"^ Redeem on any travel spend v^ Miles never expire v^ Access to
      329 words

  • SINGAPORE MARKETS
    • 539 8  -  CONRAD TAN STOCKS Worries over slowing economic growth worldwide also weigh heavily on non-financial sector stocks STOCKS here dived yesterday, led by banks, as markets across Asia reeled from the collapse of Lehman Brothers and the takeover of Merrill Lynch in the US.
      Bloomberg  -  539 words
    • 91 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 12 1 0 0 0 2 12 1 lanufacturing 15 135 36 13 10 18 148 46 Commerce 56 10 64 11 )t/Stor/Comms 37 38 :inance 29 29 Construction 19 22 'roperties 37 37 lotels/Rsts
      91 words
    • 118 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 15.053 15.053 58.323 58.323 lanufacturing 278.662 24.054 302.716 151.255 1.034 152.289 Commerce 81.658 15.722 97.380 48.714 3.042 51.756 "pt/Stor/Comms 81.781 3.141 84.922 174.066 811 174.877 :i nance 38.597 38.597 308.068 308.068 Construction 49.408 5.913 55.321 4.007 239 4.245 'roperties
      118 words
    • 108 8 lapitaLand 4.030 -0.260 lapitaMal 2.660 -0.050 jtyDev 8.970 -0.280 Iosco Corp 1.510 -0.180 IBS Grp 16.460 -0.560 :&N 3.850 -0.130 Sent Intl 0.450 -0.030 IK Land 3.510 -0.110 ISH 14.500 4-0.200 lardineC&C 14.700 -0.820 Ceppel Corp 8.390 -0.250 Ceppel Land 3.250 -0.190 IOL 1.870 -0.080 loble
      108 words
    • 385 8  -  LYNETTE KHOO Olam International Sept 15 close: $1.80 DBSVICKERS, Sept 15 OLAM International has announced that it will invest US$9l million, through a 49:51 JV with Modandola Group, to set up a port-based sugar refinery business in Nigeria, and acquire a 49 per cent stake in Standard Flour
      385 words
    • 351 8  -  KEN TAI CHEE MING, CHARTPOINT SOME observers thought the silver lining was in the sky following the 120-point rally on the Straits Times Index (STI) last Monday. Instead, the selling pressure quickly resumed even before investors could digest the news of the Fannie and Freddie
      NextVIEW  -  351 words
    • 504 8  -  LARRY WEE CURRENCIES NEWS that embattled US investment bank Lehman Brothers had filed for bankruptcy punished the US dollar but boosted traditional safe refuge favourites like the Japanese yen, Swiss franc and gold in thinned Asian trading yesterday. With key North Asian centres like
      : Reuters  -  504 words
    • 4 8 DAILY
      4 words
    • 60 8 Sep 15 VALUE CLOSE BT OB/OS -1485.00-267.00 BT CADI -*****.00-402.00 BT 10-day MA -*****.00-149.00 FTSE ST Mid Cap 554.16 -21.46 FTSE ST Small Cap 446.11 -25.58 FTSE ST All Share 609.04 -22.54 FTSE ST China Top 256.86 -24.08 FTSE ST China 255.77 -24.79 UOB Catalist 102.61 -3.94
      60 words
    • 60 8 VOLUME Golden Agri 44,704,000 China Hongxing 27,283,000 Ferrochina 24,791,000 Sunmoon 23,945,000 Sing Tel 23,198,000 Yangzijiang 23,060,000 Capita Land 18,469,000 Thai Beverage 18,091,000 Gent Intl 18,028,000 BBR Hldgs 16,877,000 VALUE(S) UOB 99,143,830 DBS Grp 78,389,060 Sing Tel 75,781,236 Capita Land 75,109,640 SGX 62,888,580 OCBC Bk 52,146,640 Keppel Corp
      60 words
    • 101 8 CLOSE UP 7680 320.4 3.0 GLD 10US$ JSH 1450 28.6 1.4 STI 2800BNPePW*****9 63 18.0 40.0 Pain irm 545 15.7 2.1 STI 2900SGAePW*****0 83.5 15.0 21.9 STI 2800SGAePW*****0 67 14.5 27.6 STI 2900BNPePW*****9 67.5 14.0 26.2 Kej SGAEPW***** 50.5 12.5 32. STI2600BNPePW*****0 55 11.5 26.4 STI2700BNPePW*****7 61 11.0 22.0
      101 words
    • 117 8 CLOSE DOWN OCBC Bk4.5%NCPS 100 9480-200.0 -2.1 OCBCC 5.1%NCPS 100 9870-110.0 -1.1 Great Eastern 1400 -94.0 -6.3 China H 10US$ 1229 -93.0 -5.0 OCBC Bk5.1%NCPS 100 9938 -92.0 -0.9 UOB 1764 -92.0 -5.0 India Ni 10 1262 -89.0 -6.i Jardine C&C 1470 -82.0 -5.3 UOBMBLiCW/*****0 413 -73.0 -15.0 DBS
      117 words
    • 85 8 Sep 15 CLOSE CHNG FR Sep 12 YR2008 S$ LOW S$ HIGH USS 1.4328 0.12 1.4542 1.3457 Euro 2.0420 -0.95 2.2064 2.0070 Pounds 2.5733 -1.32 2.8431 2.5018 AS 1.1646 -0.40 1.3251 1.1425 Yen* 1.3665 -2.30 1.4484 1.2619 Rupiah* 0.***** 0.22 0.***** 0.***** Baht* 4.1410 -0.14 4.4299
      85 words

  • Page 9 Advertisements
    • 109 9 Michelin Chef Guest Chef Laurent Peugeot takes pole position this September with his stunning fusion of French and Japanese cuisine. Let the innovative culinary flair of this award-winning "Best Young Chef" set your taste buds ablaze. HT 1 \W ™m\. a. *J% m^m^m^M Ww^^ <jW. m^m*^^^9m\ -^mtim^m^Km^Br^M 22 28 Sep
      109 words

  • SINGAPORE NEWS
    • 434 10  -  CHUANG PECK MING Source: Poll also shows number of intended recruits in '09 may be higher than in '08 By MORE layoffs are on the cards, and wages are likely to jump and stay up in 2009 despite an expected economic slowdown. Eleven
      SHRI/RDS  -  434 words
    • 560 10  -  ARTHUR SIM By REAL earnings, which are adjusted for inflation, shrank by 4 per cent in the second quarter of 2008 compared with gains of 3.6 per cent in Ql 200 and 7.5 per cent in Q2 2007. This is after inflation hit
      560 words
    • 461 10  -  SIOW LI SEN By ROYAL Bank of Scotland (RBS) is set to boost its local presence by opening two more branches before the end of next year, adding to its current five, which it got after buying ABN-Amro Bank last year. RBS
      461 words
    • 168 10 THE National Research Foundation (NRF) yesterday announced the availability of $75 million to support proof-of-concept grants (POC Scheme). The POC Scheme is part of the National Framework for Innovation and Enterprise (NFIE), announced in March by Prime Minister Lee Hsien Loong. "We hope the
      168 words
    • 586 10  -  CHOW PENN NEE RAFFLES TOWN CLUB SAGA Defendants took in about 19,000 people, court told By RAFFLES Town Club (RTC), which billed itself as a prestigious club, took in about 19,000 members much more than the number of members of NUSS guild
      586 words
    • 370 10  -  NISHA RAMCHANDANI By SOME 300 tonnes of airfreight and fifty 40-foot containers will arrive in Singapore this weekend aboard three Boeing 7475, carrying everything from 22 racing cars and over one million litres of fuel for the Formula One race
      370 words
    • PARLIAMENT BRIEFS
      • 122 11 THE government is seeking changes to the Securities and Futures Act that would make companies liable for market misconduct committed by employees if the misconduct is committed with the consent or connivance of the company, or if the company failed to prevent or
        122 words
      • 121 11 VISITOR arrivals may have fallen in June for the first time in 51 months, but Trade and Industry Minister Lim Hng Kiang is not fazed. Singapore remains a choice venue for business travellers it emerged as the top international meeting city last year, ahead
        121 words
      • 134 11  -  Chuang Peck Ming PARLIAMENT yesterday passed the Mental Health (Care and Treatment) Bill which paves the way for prompt detention of a person in a psychiatric institution for treatment if: they are suffering from a mental disorder that warrants detention for treatment; it is necessary in
        134 words
    • 352 11  -  VINCENT WEE By TUAS Power has been awarded a 30-year contract worth over a billion dollars to supply multi-utilities to Neste Oil Corp's new $1.2 billion renewable diesel production plant. Under the 30-year service contract, Tuas Power will provide an integrated suite
      352 words
    • 245 11  -  NISHA RAMCHANDANI By THE retail sales index for July grew 11.8 per cent year on year, with most retail segments reporting higher sales over a year ago, according to the Department of Statistics. Excluding motor vehicles, sales rose by 9.7 per cent. After
      245 words
    • 553 11  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT Their business expectations for next 6 months still moderately positive By RISING business costs are squeezing profit margins of small and medium enterprises in Singapore but these SMEs are keeping their heads above water, Trade and Industry
      553 words
  • Page 10 Advertisements
    • 79 10 z&m _A^ Rmm M 4j/£ 2z±'/fj ,s> /-r 'Jam W m _J fc K~£—* *Z,;Z:X>y//f ft/tcf/A'?,}ZtZ"? m'm—^Qk > E Kf J_ .A m\^. C /7"\"-\ •J'/ _-'S>i 11~\ I I /^Jor IfT K"\ 'Jet Ok "<4^H ~T "vHfc JM |/pj K*H H (Zy-fT/y (OCtyMXt/bC&/ 26 China Street Far East Square
      79 words


  • SME Inc
    • 847 12 Thomas Chiam shares with MELISSA YEO his long-term goals for The Chicken Rice Company CHICKEN rice has been described by culinarians as the "national dish" of Singapore. Its position as a hawker centre staple, as well as a menu item on first-class Singapore Airlines flights, underscores its
      YEN MENG JIIN  -  847 words
    • 450 12  -  OH BOON PING By RUNNING a business is not just about bringing in the sales to cover costs and to fund the firm's expansion, as some budding entrepreneurs and businessmen learned at a conference. Indeed, the directors of a firm also have to familiarise
      450 words
    • 1145 13 THIS WEEK'S TOPIC Do you think the extended maternity leave under new manpower laws will significantly affect operations in your company, and what should the government do to alleviate these concerns? Annie Yap CEO The GMP Group GMP will still be somewhat affected by
      1,145 words
    • 378 14  -  TEH HOOI LING By STOCKS, especially locally listed Chinese small caps, Singapore Exchange, are sinking into a bottomless pit. Yesterday alone, the FT ST China Index plunged 8.8 per cent. And in the five trading sessions to yesterday, our small-cap portfolio sank 11.3 per cent.
      378 words
    • 1297 14  -  ROBERT TSANG Navigating it may be difficult but it should not be a burden to SMEs By SINGAPORE Goods and Services Tax (GST) may not always be the main focus for many Singa-pore-based small to medium sized entreprises (SMEs). However, as the rate
      THE STRAITS TIMES FILE PHOTO  -  1,297 words
    • 846 15 IT MATTERS Web 2.0 technology enables enhanced creativity, information sharing and collaboration SOCIAL media or social networking is the use of Internet technologies to share and discuss experiences and information with other people. It generally consists of three elements: user-generated content, user-generated descriptions and
      AP  -  846 words
    • 548 15  -  OH BOON PING PRO-ENTERPRISE CHANGES By LICENSING schemes for small-scale business at home and the use of telecommunications equipment have been more has-sle-free, as the government moves to extend the tenure 1 1 ,1 1 period under both regulaFor example, the
      548 words
  • Page 12 Advertisements
    • 239 12 Watch PUBLIC INSIGHT tonight PMBJSmPBB for real-time investment, real-life tips tiT_Jh r» -jB S^^^^^H FINANCIAL GROUP More and more listed companies on SGX are enjoying the benefits of pjj^||^g^||j||||j^^^P^^^^gg|n y§^§ V^1 television exposure on Public Insight programme. Leverage on our effective lT^sC^^^^^^^^^ penetration and reach out to more institutional and
      239 words
  • Page 12 Miscellaneous

  • Page 13 Advertisements
    • 41 13 Call 6-531 7681 now for Outsourcing Solutions or join our P3yroll*)6rV6 weekly PayDay! (Payroll software) demonstration www.Payroiiserve.com.sg SUTRA OCTOBER 2008 UADI OUT NOW! D AVA r !;'Mi festive celebration! wi^T^pH I CATS Recruit The first step on your ladder to success <
      41 words
    • 137 13 RA|Rr! wdjfljfl Cneck in tor a fulfilling experience... I snop to your heart's content... m Iff Iff 1 IB Wi^iwk I YOUR COMMAND V S WILL BE OUR PLEASURE BT X AS WE FULFIL YOUR g EVERY DESIRE, WHEN Hgogl^ djt I YOU JOURNEY TO THIS fc^^ .J| PART OF
      137 words
  • Page 13 Miscellaneous
    • 89 13 SME The topic for next week's SME Voices column is: "Do you think that the lastest news on the Lehman Brothers collapse indicates that the global economic climate could worsen further, or is the worst over for the sector that you operate in?" If you are an SME owner or
      89 words

  • Page 14 Advertisements
    • 1266 14 Z) Hi jQJfihd the ones r? n \Z r J THAT FIT! H ps>> Recruit the right people 1 j l through CATS Recruit. F" f| Call 1800 289 8822 or email \/-> I V vXArecruit@sph.com.sg j i to advertise. P"^ w WATS ■—^^■■■w JL^I V^^/ JL I V_^ i-
      1,266 words

  • Page 15 Advertisements
    • 196 15 M^^^WSWIIIIIImMMMMMMmI l||||l|s|^^^^^a IJjjjBBHBIH^P MM^^^^ MMMM^^^^^^^^ Call 6"531 3700 PIOW fOT thG ACCPAC SpGCJdIJStS r C4-^khn EVii-sn^l IT OCLjCT MUtf OldlC rOlcSl I 5^ RnWRfRRRRI 1-HBflfflH-WfflßM iSajUHilSUauaiil utUHlftJUiiM www.StoneForestlT.com.sg M BTw7Vff99fIHHHHI ■*HIKI>HK(HIqCM WWWWWWW Hl^ffl 1 MJMJMH||MJ||JMJMJ(MMJ HH MRH HJMMWwIIiiIH HUjjUUjfiJMjlUiUM|UU||u^^ Hm (MMM^SMmH MM MMMRMMpI MMMllwiiWiMlfil M§RHHiiliiiiHiUHHSHMHWiHlittHfl I Hjj^QQJj r>^^^^Q^^^U|^^^3»£j^^V9^^ ,1 11
      196 words

  • MALAYSIA/INDONESIA
    • 537 16  -  S JAYASANKARAN Abdullah yet to accept resignation; move indicates cracks in Cabinet By in Kuala Lumpur MALAYSIA'S Law Minister Zaid Ibrahim quit yesterday in protest at the government detaining three people an MP, an Internet blogger and a newspaper reporter under the Internal
      REUTERS  -  537 words
    • 598 16  -  PAULINE NG Investors want to see a leadership change, says analyst By in Kuala Lumpur EVEN assuming a much vaunted leadership change occurs in Malaysia, analysts do not expect domestic political uncertainties to abate anytime soon, although they acknowledge that it could have a
      598 words
    • 308 16 [SYDNEY] Australian oil and gas giant Santos yesterday denied downplaying the seriousness of the disaster caused by the world's largest "mud volcano" in Indonesia. The company was responding to a report that said it faced a 10-fold blowout of the clean-up bill from the unstoppable
      308 words
    • 339 16 Bloomberg [JAKARTA] Indonesia's central bank may purchase bonds from the secondary market and the government will cut this year's net bond-sale target to ensure liquidity for lenders, the Finance Ministry said. Bank Indonesia will also provide "liquidity facilities" through market operations, the ministry said
      Bloomberg; REUTERS  -  339 words
    • 500 16  -  PAULINE NG Indonesian watchdog reiterates no exemptions of new takeover rules By in Kuala Lumpur THERE appears to be very little hope of Maybank proceeding with its proposed purchase of Bank Internasional Indonesia (BII) following a reiteration by Indonesian capital market watchdog Bapepam that
      500 words
  • Page 16 Advertisements

  • ECONOMY WATCH
    • 578 17 -Reuters Beijing also lowers banks' reserve requirement for first time since 1999 [BEIJING] China's central bank yesterday acted decisively to prop up the country's slowing economy by cutting the cost of bank loans for the first time since February 2002. Against a background
      -Reuters  -  578 words
    • 388 17 Reuters [LONDON] Britain is heading for a shallow recession in the second half of this year and next year's economic growth will be the weakest since 1992, the Confederation of British Industry said yesterday. The CBI cut its growth forecast for this year to
      Reuters; REUTERS  -  388 words
    • 181 17 Reuters [MOSCOW] Russia's central bank injected U5512.19 billion of one-day funds in its first repo auction yesterday, while the Finance Ministry almost doubled the amount of budget funds that can be used to help banking sector liquidity. The moves came as Russian President Dmitry Medvedev
      – Reuters  -  181 words
    • 397 17 Bloomberg Rules needed to address a bank failure affecting consumers across several countries [BRUSSELS] As depositors lined up at Northern Rock branches a year ago to withdraw their savings, the European Union rejected rules on how to divide the cost if
      – Bloomberg  -  397 words
  • Page 17 Advertisements
    • 159 17 i\ I Ifc* j jjß"*" j v> "-■^■LIhUH A SBll M Washington, D.C. j ■i^'fcI I Flight No City Pep Arr Flight No City Pep Arr I I NHB San Francisco 17:10 10:30 NH 7 San Francisco 12:10 15:10+1 NH6 Los Angeles 17:10 11:10 NH 5 Los Angeles 12:55 16:25+1
      159 words

  • GREATER CHINA/INDIA
    • 728 18  -  NEETA LAL Opposition now demands that 300 acres of land be returned to farmers By in New Delhi JUST when it seemed that the controversy-ridden Tata Nano car hailed the world over as a "revolutionary" vehicle is headed for the straights after
      AFP, REUTERS  -  728 words
    • 470 18 Reuters [BEIJING] US presidential contenders John McCain and Barack Obama both vowed to press China on trade and to work with it on climate change if elected, and Mr Obama said that he would make shifting Beijing's currency policies a priority. Democratic candidate
      ■ Reuters  -  470 words
    • 516 18 -AFP Vienna decision vital to nuclear pacts with USA, France [NEW DELHI] The decision by nuclear supplier nations to end a decades-old ban on civilian nuclear trade with India has vaulted it into the ranks of the world's major global political powers, a
      -AFP  -  516 words
    • 156 18 Reuters [NEW DELHI] India may levy a new windfall tax on firms such as Cairn India and Reliance Industries Ltd that have discovered oil in the country, the Economic Times reported yesterday, citing government sources. The government has proposed to take away 40
      – Reuters  -  156 words
    • 204 18 -AFP [SHANGHAI] A group of Chinese drinks makers are to submit plans to the government that they hope will block Coca-Cola's takeover of China Huiyuan Juice Group, state media reported yesterday. A consortium has prepared three plans and handed them to the
      -AFP  -  204 words
    • 527 18 Reuters [NEW DELHI] India's drive to ramp up biofuels use within a decade offers hope to a struggling biodiesel sector, but without a clear roadmap, commercial production will remain years away, a top trade official said. India agreed on Thursday to lift
      Reuters  -  527 words
  • Page 18 Advertisements
    • 34 18 a L J Ll_h I Digital Cameras worth $449 each! Contest ends 30 September 2008. 8.1 megapixels High performance digital image-processing engine 3.6 x Zoom-NIKKOR lens with 28mm wide-angle capability Zap Code I broighttoyoubySPHNswMediaßeLtd
      34 words

  • ASIA-PACIFIC/WORLD
    • 703 19 ■AFP US FINANCIAL CRISIS Lehman's liquidation could accelerate necessary Wall St reforms: economist [NEW YORK] Lehman Brothers in bankruptcy, Merrill Lynch saved at the bell by a Bank of America rescue, the US Federal Reserve holding the breach with as much money as
      ■AFP; Bloomberg  -  703 words
    • 297 19 -AFP [LONDON] Oil prices plunged below US$93 yesterday, hitting seven-month lows on prospects of weaker energy demand amid a worsening global financial crisis after Lehman Brothers' bankruptcy, analysts said. Brent North Sea crude for delivery in October tumbled to U5592.84 a barrel the lowest
      -AFP  -  297 words
    • 549 19 Reuters [ZURICH] Swiss bank ÜBS AG sought to reassure investors rattled by the collapse of US investment bank Lehman Brothers yesterday, saying that it had enough capital to face this and future market crises. News that lack of liquidity had forced Lehman to
      ■ Reuters  -  549 words
    • 317 19 Bloomberg [NEW YORK] Lehman Brothers Holdings Inc's bankruptcy filing yesterday was as much as 15 times larger than any other Chapter 11 case in history and may leave creditors with tens of billions in losses, lawyers said. Lehman, the fourth-larg-est US investment bank, succumbed to
      Bloomberg; AP  -  317 words
    • 291 19 Bloomberg [NEW YORK] Emerg-ing-market companies, earning more for shareholders than ever before, are getting no respect just as their stocks drop to levels that preceded rallies. More than US$5OO billion in credit-market losses and falling prices of oil, nickel and soya beans pushed
      Bloomberg  -  291 words
    • 576 19  -  GREG LOWE Intense negotiations are now taking place within PPP By in Bangkok THAILAND'S government faces serious trouble if the ruling People Power Party (PPP) cannot agree on its prime ministerial candidate before Parliament votes on the matter tomorrow,
      576 words

  • WORLD
    • 495 20 -NYT Both camps target working-class white women who could decide the election [WASHINGTON] For evidence of how intensely the presidential candidates are battling over women, consider their investment in Oprah Winfrey. After the news programmes, Oprah is the chief recipient of campaign advertisements
      -NYT  -  495 words
    • 330 20 -AP [NEW YORK] The Wall Street Journal is borrowing elements from popular Internet hangouts like Facebook as it seeks to boost usage. WSJ.com, one of the few news sites to restrict many of its stories to paying subscribers, is changing its
      -AP  -  330 words
    • 318 20 Reuters [WASHINGTON] US regulators will not allow mortgage giants Fannie Mac and Freddie Mac to pay their departing chief executives multi-million dollar severance packages outlined in their contracts, The Washington Post reported on Sunday. The Federal Housing Finance Agency (FHFA) has notified former
      – Reuters  -  318 words
    • 8675 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.841/ AIGIF Spore Bond Fund/ A 1.33/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.8/ APS Alpha Fund (USD)! A 0.56/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9137/ APS
      8,675 words

  • AVIATION
    • 617 21 -Reuters But flights still risk being grounded for lack of cash to buy fuel [ROME] Alitalia's biggest unions clinched an initial deal with the airline's potential buyers yesterday, raising hopes it could avoid collapse, but pilots baulked and flights risked being grounded for
      -Reuters  -  617 words
    • 263 21 Bernama [TOKYO] A computer glitch forced All Nippon Airways Co (ANA) to cancel a total of 53 domestic flights and delay more than 200 flights on Sunday, creating inconvenience for some 51,000 passengers, Kyodo news reported. The failure hit the computer system
      Bernama  -  263 words
    • 247 21 Reuters [PARIS] Airbus is sticking to its target of delivering 12 of its A3BO superjumbo aircraft by the end of the year, the European planemaker said yesterday, after a French newspaper reported the programme was facing further delays. Weekly newspaper Le Journal
      – Reuters; REUTERS  -  247 words
    • 194 21 Bloomberg [TOULOUSE, France] Emirates resumed use of the Airbus SAS A3BO airliner on its New York route, saying engineers fixed an electrical fault that caused a suspension of flights. The airline, which took delivery of its first A3BO in late July and began
      – Bloomberg  -  194 words
    • 2602 21 :ity FLIGHT ETA FLIGHT ETD kbu Dhabi SQ455 1300 GTAYG 1745 EY473 2020 Adelaide LH9771 1740 LH9770 2345 SQ268 1740 SQ269 2345 VS7268 1740 Amsterdam LO4031 0630 AZ3993 2250 SQ323 0630 KL838 225C US 5410 0630 LO4032 2345 AZ3992 1555 SQ324 2345 KL837 1555 US5411 2345
      2,602 words
  • Page 21 Advertisements
    • 150 21 BT/ZUJI Deals of the Week _i 2 w "jew-ZmBV MmW "S- Zf~Z- „.„Z---- o < **>. sjp-^~'" I BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from Brisbane $3,500 $571 $130 Etihad Airways Etihad Airways DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Delhi $1,584 (Thai Airways) $230 (Thai
      150 words
  • Page 21 Miscellaneous
    • 266 21 CRYPTIC CROSSWORD ACROSS about university course (6) _MH__MM__MH__M^^^J__^^J__^^J__^^J tion and aggressive mm hh hh H^ |i 27 Transport hotel in rental dispute (7) 28 Outstanding value for o pound (8) 8 Most sh°rt streets need re" 29 Sales talk about the source pairing YESTERDAY'S SOLUTION fit' j; r k n\
      266 words

  • EDITORIAL & OPINION
    • 532 22 EDITORIAL EVEN though it wasn't an official working day, Sunday September 14, 2008 will go down as one of the most dramatic and scary in the history of Wall Street. After marathon emergency discussions that lasted through the weekend, the US Federal Reserve and the US
      532 words
    • 1250 22  -  LEON HADAR It is a dangerous mixture of ignorance and arrogance, inexperience and religious fervour AT first I thought that the guys at Fox News Television, the Republican Party's unofficial propaganda outlet, were pulling my leg. A few hours after Republican presidential candidate
      AFP  -  1,250 words
    • 811 22  -  PAUL KRUGMAN NYT THE BOTTOM LINE WILL the US financial system collapse today, or maybe over the next few days? I don't think so but I'm nowhere near certain. You see, Lehman Brothers, a major investment bank, is apparently about to go under. And nobody
      NYT  -  811 words
    • 1136 23  -  GERARD LYONS The West faces a financial crisis but emerging economies remain largely unaffected and have boomed recently By THE world economy is slowing and inflation pressures are easing. The big message, however, is that now, more than ever before, how events play out in
      AFP  -  1,136 words
    • 707 23  -  LIN MING HUA By WHILE we are expending our energy in internal political strife and suffering from economic setbacks, leaders of our neighbour, Singapore, are doing their utmost to boost their economy. As they maintain cordial ties with various economic powers,
      707 words


  • SHIPPING
    • 516 24  -  VINCENT WEE But question of who will pay for all the work to be done not fully answered By AMID the expected sharp rise in traffic in the Straits of Malacca and Singapore Strait, the Maritime Port Authority (MPA) has embarked on new projects
      516 words
    • 320 24 Reuters [OSLO] Norwegian independent oil company Det norske oljeselskap filed an application last Friday for redevelopment of the dormant Froy oilfield in the North Sea for a 2012 start-up, Det norske said yesterday. Froy was in production in 1995-2001 with Elf as operator,
      – Reuters; AFP  -  320 words
    • 352 24 Bloomberg [HONG KONG] Seaspan Corp, a Hong Kong-based shipper doubling its fleet, will increase its dividend to attract more investors. "I cannot quantify eventually how much the dividend growth will be, but I can assure you there will be an increase," chief executive officer Gerry
      Bloomberg  -  352 words
    • 452 24 AFP [PERM, Russia] An Aeroflot jet which crashed on Sunday near Perm in Russia's Ural mountains killing all 88 people on board was an accident, Russian transport minister Igor Levitin said. Mr Levitin told the Russian news agency Itar-Tass that explosive specialists working
      AFP  -  452 words
    • 670 24 -AP High winds, flooding and power outages delay return to work [DALLAS] High winds, flooding and power outages left behind by Hurricane Ike will delay the return to work for many businesses in and around Houston, the country's fourth-largest city and centre
      -AP; AP  -  670 words
    • 82 24 AFP [ANKARA] At least one person died and about 30 remained unaccounted for after a ferry carrying some 100 people and 75 vehicles sank late on Sunday off northwestern Turkey, officials said. The 118-metre roll-on-roll-off ferry sank about one nautical mile off the shore, shortly
      AFP  -  82 words
    • TRANSPORT STOCKS
      • 102 24 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.55 0.30 1.51 0.61 1.23 1.07 0.05 0.99
        102 words
      • 32 24 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid 0.74 8.40 8.45 3.06 3.00 0.11 -0.01 0.10 unch -0.06 0.03 unch 48 165 347 921 1502 75
        32 words
      • 12 24 '00 'recious Ship Regional Cont 17.50 14.10 -0.40 -0.40 1471 271
        12 words
      • 11 24 '000 Doil iingamas Cont 23.10 1.53 1.10 0.04 74) 161
        11 words
      • 25 24 '000 iep15 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 27.00 unch unch unch -0.50 unch unch 27! 82! i i
        25 words
      • 17 24 J5^ HT$ Vol Evergreen Marine ...16.10 :irst Steamship 47.00 /Van Hai Lines 14.75 -0.50 -3.50 -0.55
        17 words
      • 41 24 '000 15 Yen Vol (awasaki Hvy Ind ..223.00 14.00 ***** (awasaki Kisen 698.00 31.00 9945 Mitsubishi Hvy 477.00 13.00 ***** Mitsui Eng&Sbldg...208.00 8.00 ***** MitsuiOsk Lines ...1083.00 44.00 ***** Mippon Express 501.00 21.00 7387 MipponYusen 799.00 26.00 ***** iource: Reuters
        41 words

  • SINGAPORE STOCKS
    • 5276 25 Transaction date: Sep 15 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote Div GrYld Net )h Low Buyer Seller C'vr P/E M Cap $mil Hi! Com[ >an] 5716 1st Software 16 5 3148 STelecom 2,',§ 60§ S &i??i cl! 24 10 1938
      5,276 words
    • 59 25 Hii Low Code Comi Sale COOP) Hii Low Big Seller Cvr P/E imil ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 ISMSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 398.3 257 6009 STI ETF 3977.9 3383.1 6010 STI ETF IOPV US*****cd US6200cd US1000 US*****cd
      59 words
    • 1822 25 Hii |h Low Code Comi >an' Sale fOOO] Hii Low By fer Seller Cvr P/E ,mil 20 11.5 1181 s AAGrp 30.5 15 5000 sABRHIdgs 32 18 8538 s APStrategic 10 1.5 1501 s Advanced System 38 16 3518 s Afor 41.5 5 1524 s Alantac 20 6
      1,822 words
    • 185 25 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 offer
      185 words
  • Page 25 Advertisements
    • 47 25 ROYAL OAK COLLECTION pOß^S^^ WHERE EXTREMES MEET fillP^i^ Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED t <s^.r '■•-■-H**'^l f 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 >fe,-;' T*Ttk^.—*^^ "Sf '*/„,-'''%^^B^a^. 'y i/- 'iSfc Internet: Http://www.audemarspiguet.com >^¥»: -':-♦< f i iS"" C
      47 words

  • FINANCE & COMMODITIES
    • 372 26 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Se| 12 World Index Preliminan 928.5 0.8 -18.0 0.2 -20.0 1.4 -19.4 EAFE Preliminai 876.0 1.6 -21.8 1.7 -24.9 2.9 -24.3 Euro[ Preliminan 1212.5 1.8
      372 words
    • 132 26 A. s 9am se P is Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1700 1.1840 Can dollar 1.3410 1.3570 Euro 2.0450 2.0680 NZ dollar 0.9500 0.9710 Sterlini 2.5660 2.5901 US dollar 1.4250 1.4420 Local dollars to 100 units of foreign
      132 words
    • 174 26 Sep 15 fer Overnight 7/8 1-month 1 1/16 2-months 1 3/16 3-months 1 1/4 Overnight mode: 1 1/8 US$ Offer 3/4 15/16 1 1/16 1 1/8 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 2.33 2.60 2.80 3.00 3.10 3.15
      174 words
    • 24 26 se P 15 ten STI SIMSCI Sei 307.5 311 304.5 Taiwan Se 237 240 233.9 Source: MF Global (S) He. Ltd
      24 words
    • 23 26 Sep IS Bid Offer 1-month 1.4284 1.4297 2 months 1.4265 1.4279 3-months 1.4245 1.4260 6 months 1.4197 1.4213 Source: OCBC
      23 words
    • 154 26 Sep IS Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1708 1.1724 0.8186 0.8191 Canadian dollar 1.3465 1.3482 0.9414 0.9420 Euro 2.0448 2.0469 1.4297 1.4301 NZ dollar 0.9514 0.9535 0.6652 0.6662 Sterlini ind 2.5788 2.5812 1.8031 1.803. US dollar 1.4302 1.4313
      154 words
    • 288 26 Sep IS EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 g?:J§§8 97.2350 97.1450 8120 5810 EUROYEN TIBOR FUTURES SepO8 DecO8 99.160 99.160 MarO9 99.185 99.185 JunO9 SepO9 DecO9 Mar10 Jun10 99.155 99.180 99.153 99.160 99.205 99.175 99.120 99.050 98.940 98.890 2052 2642 233 300 124 ***** ***** ***** 5514
      288 words
    • 274 26 s ep is RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 Jul/Sep 09 414.00 411.25 408.75 406.00 407.00 408.50 RSS 3 (US cents/kg) Month Hig sb Low Sett Volume (tonnes)
      274 words
    • 102 26 Sep 12 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 08 1490.00 1216.00 1490.00 1280.00 Nov 08 1202.00 1176.00 1220.00 1186.00 Jan 09 1218.00 1192.25 1232.00 1204.00 Mar 09 1232.50 1206.50 1250.00 1221.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 08 47.15 47.00 48.00 47.40
      102 words
    • 77 26 CRUDE OIL PRODUCTS sep v CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 99.58 unch WTI (Near Mth) 101.18 0.54 Dubai (1-Mth F) 96.67 0.39 Tapis blend 107.00 0.55 Minas 101.20 0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.72 122.64 3.12 2.58 US$/barrel Opec Oil
      77 words
    • 446 26 Sep IS Australia 0.870 5.599 0.573 6.382 37.597 77.463 0.860 9.063 2.830 1.230 62.716 38.519 1.172 6.630 0.912 26.243 28.295 0.454 0.819 Canada 1.150 6.439 0.659 7.339 43.239 89.086 0.989 10.422 3.255 1.415 72.125 44.298 1.347 7.624 1.048 30.180 32.541 0.522 0.942 China 0.179 0.155 0.102 1.140
      446 words
    • 91 26 Sep IS Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****W 18.12.2008 1-Year BY*****N 04.05.09 1.19 1.29 1.19 1.19 1.25 1.25 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • 76 26 Sep 15 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
      76 words
    • 59 26 Sep 75 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low Sep 08 2325 Oct 08 2324 Nov08 2325 Dec 08 2330 Total o/p: ***** contracts 2325 2325 2325 2238 2325 2239 2240 2341 2240 2249 2351 2247 Turnover: ***** Market tone: Higher
      59 words
    • 138 26 s ep is GOLD (US$/oz) Sep 12 Sep 11 Hong Kong London 756.50 unav 757.50 unav Sep 11 Sep 12 740.60 754.30 741.80 755.50 Source: Reuters CAST BAR (Sj) Sep IS Buying Sellini Kilobar "38,977.96" ***** PAMP GOLD BARS (SS) Sellinq Buying Igm 5gm lOgm 20gm 50gm lOOgm
      138 words
    • 70 26 Sep 12 minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 2620.20 2575.00 3 months 2665.00 2620.00 Copper, Grade A (USS/tonne) Cash 3 months 7169.50 7122.00 6965.00 6930.00 Lead (USS/tonne) Cash 1934.00 3 months 1940.00 1847.50 1855.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash
      70 words
    • 77 26 Sep 12 (£/tonne) Close Prev Hii ih/Low Sep 08 1460 1485 1490/1458 Dec 08 1482 1505 1511/1479 Mar 09 1488 1510 1516/1487 May 09 1487 1505 1507/1490 COFFEE (USS/tonne) Close Pev High/Low Sep 08 2131 2121 2150/2143 Nov 08 2151 2147 2168/2144 Jan 09 2178 2175 2191/2175 SUGAR (US
      77 words
    • 3255 26 BONDS WARRANTS rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- ing fflths Left 5058 Advance Modules Grp W*****3 5036 Advance SCT Ltd W*****9 tfArianeCorp Ltd W*****9 3092 Asia Environment W*****4 1481 #Asia Water Tech Ltd W*****0... 3816 Asiasons Capital Ltd W*****7.. 3756 Asiatic Grp
      3,255 words

  • Page 27 Advertisements
    • 2236 27 m The Business Times Shipping Times M W^m JH3Bym2^avWySFlj7Fnff^ m\\ WAN HAI INTERNATIONAL PTE LTD K^l B MilPfrTl PS H^g||^|Uyß WEmMssMIMM&B&mMMM I V^TtA IAIAM UAI I Ilkirr T1L*****58S (UUNES) FAX:*****163 A A.^ ■rSlll'i'wSTi BSRBBSBJIBSjBJBJIfIM HSKRii^lMnißl I VNN 1 WAN HAI INES C^'-'ner Seivi.e B«.l<mg% Dit«l Line (1800) *****200 h^^^dAgl^aMgll HfJjSliM'gßlHjfflSiSMM
      2,236 words

  • Page 28 Advertisements
    • 2918 28 to AUSTRAL ASIA LINE I^Z^ll] W^% H IS H H ll S &^ll CJm6 \HZt~1 ASIA AUSTRALIA SERVICE Accepting Container/10/Sreakbulk/Projed ISfll HHJH MM <^*-/«v wm________m__M__m___________ WEEKLY EXPRESS SAILING SCHEDULE api moreton lIAB 20/09 __o_ 27___ o__ij B^ffiH M&WMTIIKSSIRiniIXWWTtIISinnZWIIIIWiniHTni CAPE PRESTON 12A8 13/10 _j_J UoU LOU __U mj^jjjjj^jj^j^jjjjj^jg^jjjljjj^jjjj^^ I apiYORKB4AB 15/10
      2,918 words

  • Page 29 Advertisements
    • 3156 29 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 SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,156 words

  • PROPERTY
    • 677 30  -  ARTHUR SIM Project shows good conservation with innovative solutions for additional space By A RESTORED house at 733 Mountbatten Road built in the 1920s has been recognised with a Unesco award for innovation. It is the first residential property here to receive such an
      677 words
  • Page 30 Advertisements
    • 194 30 Sari ■■ULl~; '^|M^BJY [Llj ii^n"l|" lll!*'m!| ¥"*lfW*TlllM]fii"i~l"m|iPir *-WH^^M^^mm*' Located on the Hamilton waterfront, one of THE NUMBERS SPEAK FOR THEMSELVES Brisbane s finest riverside suburbs 6km to CBD, 15 minutes drive to city and airport C< 1 /C Ofr\ Home to Brisbane International Cruise Terminal 11 i i i 2006/2007
      194 words
    • 84 30 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word 'Zap sms ***** b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software (located either in "Games" or "Applications" folder
      84 words


  • DINING INDULGENCE
    • 624 32 STRICTLY FOR YOUR DINING PLEASURE We present a list of food outlets that are bound to please the family and clients Indochine Waterfront Restaurant 1 Empress Place, Asian Civilisations Museum Tel: 6339-1720 Open: 12pm to 3pm (Mon-Fri), 6.30pm to 11,30pm (Sun-Thurs) and
      624 words
    • 577 32 Chefs With Altitude Sept 15 to 20 Swissotel The Stamford 2 Stamford Road Tel: 6338-8585 YOU can dine on classical European food direct from the Swiss Alps or contemporary cuisine direct from Shanghai. Either way, you're eating it at the top of Singapore or rather the top
      577 words
  • Page 32 Advertisements
    • 963 32 Attitude wmxAmlSl I dbs Altitude American Express® Card idKSk DBS American Express® Cards the only Cards that bring you privileges \zzrn from two of the best dining programs in town all-year round Enjoy dining offers from DBS Indulge and American Express Selects™ with your DBS American Express® Cards. >^& y
      963 words