The Business Times, 10 October 2008

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Microfilm: NL29503
Total Pages: 57
1 57 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6BE mica(p)l97/08/2008 Friday, October 10,2008
    19 words
  • Article, Illustration
    Lock icon US Treasury ready to invest in banks
    919 1  -  ANDREW MARKS Recapitalisation addresses major bottleneck, cheers markets; still, Morgan Stanley gets a drubbing By in New York A YEAR to the day that the US stock market hit its record high, the US government acknowledged that the financial bubble created by the
    I AP  -  919 words
  • Article
    Lock icon Shares rebound on Asian rate cuts
    728 1  -  CONRAD TAN Interbank lending rates worldwide continue to climb By [SINGAPORE] Stocks in parts of Asia rebounded yesterday, after central banks in the region cut interest rates in a show of unity with their counterparts in the West. Hong Kong, China, South Korea and
    728 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      41 1 lursi iam 1COMP 968.89 -1.30 IIKKEI225 9,157.49 -45.83 IANG SENG 15,943.24 +511.51 ;et INDEX 499.99 +7.65 JAKARTA COMP Closed 1ANILA COMP 2,288.44 -19.30 ;eoulcomp 1,294.89 +8.20 ;henzhenb 280.32 -1.16 IUMBAI IND Closed 12NOON EDT Chani )OW 9,184.03 -74.07 IAS DAI
      41 words
    • Article
      Lock icon PRIME RATES
      28 1 SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.173 taiwan 6.316 JAPAN 1'875 KOREA 933 BRITAIN 4.50 CANADA 4.75 SWITZERLAND 2.55 ND!A 1375 Source: B Bloomberg
      Bloomberg  -  28 words
    • Article
      Lock icon FOREX
      37 1 IS$ (S$ per US$) 1.467 (US$/S$ per 1.730 2.537 :uro (uss/ss/E) 1.373 2.015 'EN 101.10 68.90 3.491 2.379 IK$ 7.767 5.295 !AHT 34.35 23.41 lUPIAH 9,595 6,541 lENMINBI 6.819 4.648 INDIAN RUPEE 47.57 32.43 1.423 0.970
      37 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      97 1 |lp|| BOOKS EXEC LIFESTYLE Wfaffa WINE BE INSPIRED I i Chick lit: new Art fairs-a Prime wines for Zap for daily inspiration. _h i releases and reviews high-wire act? sub-prime times Win a Nikon Digital page 41 page 38 T* mjM page 43 Camera! page 6 m —Uau jMMm00m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0m^0 mwMiKtifwzTiuiiusjmmmmmi
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  • TOP STOTIES
    • Article
      Lock icon Economists look into '09 and stare into more gloom
      438 2  -  TEH SHI NING SMEs warned of possible contraction; some predict easier monetary policy By [SINGAPORE] Expect the global downturn to hit Singapore hard, as GDP growth in Q4 and 2009 weakens, economists said at a Singapore Business Federation seminar yesterday. They
      438 words
    • Article, Illustration
      Lock icon Two BT reporters bag SIAS awards
      378 2  -  CONRAD TAN Lianhe Zaobao scribe named best financial journalist of the year By [SINGAPORE] Reporters from The Business Times won two of the five prizes for journalists at this year's SIAS Investors' Choice awards. Senior correspondent Kalpana Rashiwala won a special award for "outstanding
      ARTHUR LEE  -  378 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon US Treasury ready to invest in bankS
        83 2 A YEAR to the day that the US stock market hit its record high, the US government acknowledged that the financial bubble created by the risky lending strategies of its major financial institutions which had propelled stocks to such lofty heights has forced
        83 words
      • Article
        Lock icon Shares rebound on Asian rate cuts
        67 2 STOCKS in parts of Asia rebounded yesterday, after central banks in the region cut interest rates in a show of unity with their counterparts in the West. Hong Kong, China, South Korea and Taiwan reduced official lending rates in a bid to bring down
        67 words
      • Article
        Lock icon Economists look into '09 and stare into more gloom
        52 2 EXPECT the global downturn to hit Singapore hard, as GDP growth in Q4 and 2009 weakens, economists said at a Singapore Business Federation seminar yesterday. They also warned SME managers of the worst-case possibility of a contraction next year. TOP STORIES,
        52 words
      • Article
        Lock icon Iceland takes control of country's largest bank
        90 2 ICELAND suspended trading on its stock exchange for two days and took control of the country's largest bank as it grappled with a banking crisis that is threatening to bankrupt the country. The government's decision to take control of Kaupthing, the country's leading
        90 words
      • Article
        Lock icon Investors Of Merrill nOteS to gel back nothing
        75 2 INVESTORS of the Merrill Lynch Jubilee Series 3 LinkEarner Notes are said to be walking around shell-shocked after receiving letters telling them that their investments are worth zero. The current financial crisis meant that the proceeds from the unwinding process were not
        75 words
      • Article
        Lock icon MOUlTting debt drives FerroChina to halt ops
        64 2 FERROCHINA says it has run into working capital debts amounting to 706 million yuan (Ssls2 million) which have become due and payable, plus 4.52 billion yuan of loans and notes that may become due and payable. In view of the liquidity issues it
        64 words
      • Article
        Lock icon Grand Banks Yachts warns of DOSSible Order Cancellations
        51 2 MOTOR yachts maker Grand Banks Yachts warned yesterday that some of its existing orders might be in jeopardy after a marine lender pulled the plug on loans and gave a 90-day ultimatum to the company's dealers to repay them. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon Parkway Life Reit raises rentals in line Wlth CPI
        57 2 Parkway L ife Reit raises rentals in line Wlth CPI PARKWAY Life Reit's manager says it has raised the rent at Singapore hospitals under its portfolio by some 6.25 per cent, in line with the rise of the consumer price index. The new rental rates are based on the CPI+I
        57 words
      • Article
        Lock icon Q3 property investmant sales plunge 79% to $101b
        67 2 INVESTMENT sales in the third quarter totalled just $1.1 billion, a dizzy 79 per cent slide from the second quarter, according to DTZ. And most deals in Q3 were small, at less than $100 million each, due to "credit tightening". Investment activity
        67 words
      • Article
        Lock icon Indonesia keeps bourse shut after 20% loss
        80 2 INDONESIA kept its stock exchange shut for a second day yesterday after the index lost more than a fifth of its value this week, and officials rushed to calm fears that South-east Asia's biggest economy faces a new crisis. Fuad Rahmany, chairman of
        80 words
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      260 2 No dream is over just 3 dream. Stanley Kubrick H^^^^^^^^^_i-iH__^__B-l^__^__^__^__^_i thf ■'-><Jt-'?Sfe. KSr~j& i f" ■•___-—__k^ i I __^__^l__i__l__l^____l^_____l^____l «t*»*^' K^b__*—"^^""^^^mEJw r fl __r_El_V_r_^_^_E)—_NL^_l__B^r_fl_^_l P*T*w M __^__mß -_BL. _^__I_L^ --^3' _K^_P M __^H. iSaS S^eiiSK-'J PI^^H^EK. I^b^^l _H_HB u_p^n\^ _P^^^^^^^ t^__^H _^_^_^_^_^_^_^_^_^_^_^_^_^_^_^_H <9^^' _^__fl_l ga^- __B_BB Q^-_HI I l__^__o _Bo_k
      260 words
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      34 3 A A Cathay Pacific Asia Miles DRAGONAIR Our new cabin designs with enhanced inflight entertainment are being progressively introduced on our medium-and long-haul aircraft. Aircraft deployment varies and availability is subject to operational requirements.
      34 words
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  • GLOBAL FINANCIAL CRISIS
    • Article, Illustration
      Lock icon An entire economy on thin ice
      690 4 NYT, AP, Reuters Iceland's dalliance with high finance is pushing tiny Nordic nation to the brink [REYKJAVIK, Iceland] Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank as it grappled with a banking crisis that
      – NYT, AP, Reuters; AP  -  690 words
    • Article
      Lock icon Investors of Merrill notes to get back nothing
      444 4  -  SIOW LI SEN Unwinding proceeds not enough to cover original collateral By [SINGAPORE] Investors of the Merrill Lynch Jubilee Series 3 LinkEarner Notes are said to be walking around shell-shocked after receiving letters telling them that their investments are worth zero. The
      444 words
    • Article
      Lock icon Region's banks strong, say Asean ministers
      332 4 -AP [DUBAI] Finance ministers from South-east Asian nations at the heart of a financial crisis a decade ago sought on Wednesday to reassure the world that they can weather the current global melt-down. Speaking after an investment meeting in Dubai, ministers from the Association
      -AP  -  332 words
    • Article
      Lock icon Fed offers further US$37.8b to AIG
      439 4 -NYT Despite earlier loan of USsBsb, its cash supply dwindling [NEW YORK] The Federal Reserve Board has offered up to US$37.B billion to embattled insurer the American International Group to help it deal with a rapidly dwindling supply of cash. The additional assistance is
      -NYT  -  439 words
    • Article
      Lock icon NY Fed calls meeting of CDS players
      241 4 Reuters [NEW YORK] The Federal Reserve Bank of New York said on Wednesday that it has summoned participants in the US$55 trillion credit derivatives market to a meeting today, which sources say will focus on determining which clearing house the market will support.
      – Reuters  -  241 words
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      184 5 SJjJ Banyan Tree ntjJ Residences IN TODAY'S VOLATILE MARKETS, INVEST IN A TRULY RARE FIND. With current market conditions, the fundamentals of sound investments are never more pertinent. Easy to understand, guaranteed returns, limited units for sale, and dividends you can enjoy in a way only a Banyan Tree Residence
      184 words
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  • COMPANY NEWS
    • Article
      Lock icon Mounting debt drives FerroChina to halt ops
      369 6  -  LYNETTE KHOO It says it's in talks with lenders but gives no firm assurance of success By FERROCHINA says it has run into working capital debts amounting to 706 million yuan (Ssls2 million) which have become due and payable, plus 4.52 billion yuan
      369 words
    • Article
      Lock icon Grand Banks Yachts warns of possible order cancellations
      303 6  -  JAMIE LEE By MOTOR yachts maker Grand Banks Yachts warned yesterday that some of its existing orders might be in jeopardy after a marine lender pulled the plug on loans and gave a 90-day ultimatum to the company's dealers to repay them.
      303 words
    • Article
      Lock icon High interest costs force First Ship Lease to lower DPU
      897 6  -  CHOW PENN NEE Lending banks invoke 'market disruption clause' in loan terms, allowing them to increase rates By COMPANIES are coming out to reveal the impact of the tight credit conditions on their operations and their bottom line. Provider of
      897 words
    • Article
      Lock icon Parkway Life Reit raises rentals in line with CPI
      302 8  -  CHEN HUIFEN By PARKWAY Life Reit's manager says it has raised the rent at Singapore hospitals under its portfolio by some 6.25 per cent, in line with the rise of the consumer price index (CPI). Parkway Trust Management, manager of the
      302 words
    • Article
      Lock icon More regulatory oversight needed for cash companies
      693 8  -  LYNETTE KHOO WITHIN three weeks, two cash companies have fallen off the trading board without a reasonable exit offer for their minority shareholders. One wonders if this statistic is fast becoming a norm among the remaining handful of cash companies that are left
      693 words
    • Article, Illustration
      Lock icon Complex investments not for retirees: SIAS
      688 11  -  CONRAD TAN SMRT, Keppel big winners at annual SIAS Investors' Choice Awards By RETIREES should not be exposed to complex investments that are difficult to understand, David Gerald, head of the Securities Investors Association of Singapore (SIAS), said yesterday. The recent outcry from retail
      688 words
    • Article
      Lock icon Noble invests in Brazil fuel terminal
      261 11  -  TEH SHI NING By NOBLE Group, the commodities trading firm listed here, yesterday announced its investment in a liquid bulk fuels terminal in Brazil. The group's investment in this infrastructural project will be done via its wholly owned subsidiary Temmar, and is part of
      261 words
    • Article, Illustration
      Lock icon Hyflux says orders may rise 30% next year
      497 13 Bloomberg HYFLUX Ltd, the Singa-pore-based water-treat-ment company whose shares have halved in four days, yesterday said that it may benefit as governments boost spending to try and counter slowing economic growth triggered by the global credit crisis. "When global economies are coming
      – Bloomberg; i FILE PHOTO  -  497 words
    • COMPANY BRIEFS
      • Article
        Lock icon Federal Int'l clinches US$57.7m deal
        43 13 FEDERAL International (2000) Ltd has secured a U5557.7 million deal to provide project management services and procurement for oil and gas drilling and exploration works for seven wells in Indonesia. The project is expected to start next month.
        43 words
      • Article
        Lock icon Foreland Fabrictech builds plant in Fujian
        71 13 FORELAND Fabrictech, a textile manufacturer based in China, said it is building a factory in Fujian province. The facility, on a 76,000 sq metre site, is expected to start production in the second half of FY 2009. Total investment cost is between 36 million
        71 words
      • Article
        Lock icon Medtecs secures USslsm term loan
        102 13 MEDTECS International Corporation said yesterday it had secured a US$l5 million term loan from Deuthsche Invetitions Und Entwicklungsgesellschaft MBH on Oct 6. The loan has a nine-year term and is secured against the company's assets in Cambodia and the Philippines. It will be used for
        102 words
      • Article
        Lock icon Temasek hires Morgan Stanley banker as MD
        84 13 Reuters INVESTMENT company Temasek Holdings has hired Rohit Sipahimalani, head of South-east Asia investment banking for Morgan Stanley, as managing director, sources said yesterday. Mr Sipahimalani, who has held his current post at the US bank since early 2007, was previously co-head of
        – Reuters  -  84 words
      • Article
        Lock icon Major shareholder cuts stake in Lian Beng
        36 13 LIAN Beng Group Ltd said yesterday that major shareholder Tiedemann Global Emerging Markets LP has cut its stake in the company to 3.09 per cent from 7.99 per cent.
        36 words
    • Article
      Lock icon City Gas to retain monopoly for some years
      570 13  -  RONNIE LIM Full liberalisation of market comes only after major changes to infrastructure By A DECISION to liberalise Singapore's town gas market worth up to $300 million annually is not expected until 2009/2010. Following that, it will need another six to seven
      570 words
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      Lock icon Page 6 Advertisements Column 1
      118 6 FREE ADMISSION V^^l P^H Gates open from 6.30pm V V S/^ THE RACECOURSE JTf| I 111 SUNDAY, 12 OCTOBER 2008 B 7.00pm, Parade Ring I—^^^^^B WinaNikonCoolpixSslc Contest ends 31 October 2008. Embark on an enchanting musical journey at the Singapore Racecourse with the Singapore Chinese Orchestra as they perform folk
      118 words
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      21 6 TUNE IN TO BIGGEST HITS maaonna OF THE 90S TILL NOW! STyJtie THE PUSSYCAT DOLLS ONLY ON RADEO 100% PURE FUN
      21 words
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      270 8 4^k Singapore's tfttSS First English \mr Newspaper For Hie Indian Community Look out for your complimentary copy of tabla! at selected offices, country clubs and residences. You can also get your FREE Copy at Mustafa, Saravana Bhavan, White Water Cafe, Singapore Khalsa Association, Annalakshmi and SIFAS. Call 6319-1800 or e-mail
      270 words
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      20 9 investors' 111 Ik [CHOICE* \||||f jj.y //EiN-MRDT WoiimkjA'M.w.vjM»]X* Meinhardt (Singapore) Pte Ltd J^Hflß^HSffuß Civil, Structural, Mechanical Electrical Engineering Consultant RAZAAlA|aZA£^^^ZaaZ^Al^|
      20 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market bets on US, Europe rebounds
      591 10  -  R SIVANITHY STOCKS ST Index rises 69 points despite Japan and Australia closing in negative territory AFTER crashing 526 points or 21 per cent in 13 trading sessions since closing at 2,551 on Sept 19, the Straits Times Index (STI) yesterday enjoyed a bounce
      Bloomberg  -  591 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      88 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 9 6 2 0 0 0 9 6 2 lanufacturing 47 82 52 11 55 93 60 Commerce 18 28 19 23 32 20 "pt/Stor/Comms 14 21 15 21 ■inance 21 16 22 16 instruction 12
      88 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 35,960 35,960 138,659 138,659 lanufacturing 369,869 14,361 384,230 204,537 588 205,125 lommerce 169,495 4,372 173,867 136,453 777 137,229 'pt/Stor/Comms 120,021 445 120,466 235,160 65 235,226 :i nance 43,183 43,184 341,840 341,840 lonstruction 19,179 23,183 42,362 2,212 625 2,837 'roperties
      115 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 10 lapitaLand 2.510 +0.070 lapitaMall 1.820 -0.030 jtyDev 7.200 +0.500 losco Corp 1.300 -0.100 IBS Grp 15.340 +0.340 :&N 3.140 -0.060 Sent Intl 0.415 +0.005 iolden Agri 0.270 +0.015 IK Land 2.650 +0.020 IMH 22.480 +0.740 ISH 12.140 +0.240 lardineC&C 12.100 +0.100 Ceppel Corp 6.080 +0.800 Ceppel
      106 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      878 10  -  CHOW PENN NEE CREDIT market freeze raises refinancing concerns: Putting aside the defensiveness of S-Reits, we believe the focus is now on their credit health and refinancing risk. Spikes in the US-dollar three-month Singapore interbank rate (Sibor) since mid-September signalled continuing stress in the credit market; and with
      Bloomberg  -  878 words
    • Article, Illustration
      Lock icon As, NZ$ recover sharply after joint rate cuts
      539 10  -  LARRY WEE CURRENCIES OVERNIGHT news of a coordinated in-terest-rate cut by the world's top central banks brought some risk appetite back to Asian currency markets yesterday, lifting the besieged currencies from Down Under quite smartly but sending the Japanese yen into reverse
      Reuters  -  539 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 10 CLOSE BT OB/OS -1440.00-183.00 BT CADI -*****.00 -41.00 BT 10-day MA -*****.00-144.00 FTSE ST Mid Cap 424.74 -2.82 FTSE ST Small Cap 369.82 -4.03 FTSE ST All Share 505.63+11.79 FTSE ST China Top 198.41 -3.96 FTSE ST China 201.71 -5.24 UOB Catalist 94.26 -0.30 SIMSCI 259.77 +8.70
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 10 VOLUME Noble Grp 75,845,000 Golden Agri 53,195,000 Straits Asia 42,269,000 Sunmoon 41,950,000 Cosco Corp 37,858,000 China Honqxinq 34,486,000 Yanqzijianq 33,424,000 Sing Tel 30,598,000 ASTI 27,372,000 Capita Land 25,696,000 VALUE(S) DBS Grp 122,533,290 Keppel Corp 107,482,764 Sing Tel 89,095,395 SGX 73,894,780 Noble Grp 70,138,410 Capita Land 65,785,368 UOB
      62 words
    • Article
      Lock icon RISES
      97 10 CLOSE UP JMH 2248 108.5 3.4 Cori 608 80.0 15.2 OCBC Bk5.1%NCPS 100 9580 70.0 0.7 China H 10US$ 1010 64.5 4.6 SIA 200 1290 60.0 4.9 UOB 1594 56.0 3.6 S I A 1284 52.0 4.2 Asia Pac Brew 1050 50.0 5.0 lit 720 50.0 7.5 UOBMBLJCW*****0 254
      97 words
    • Article
      Lock icon FALLS
      117 10 CLOSE DOWN 8758-249.3 -1.9 GLD 10US$ UOB 5.05%NCPS 100 9580 -60.0 -0.6 CIMBAsean40 100US$ 601 -57.2 -6.1 YHS 171 -49.0 -22.3 >han< .a Asia 842 -48.7 -23.5 WBL Cori 353 -48.0 -12.0 law Par Cori 399 -20.0 -4.8 ICBCC 5.1%NCPS 100 9330 -20.0 -0.2 Creative Tech 383 -14.0 -3.5
      117 words
    • Article
      Lock icon CURRENCIES
      82 10 iere! S$ stands 0CI9 %CHNG CLOSE FRCM8 YR2008 S$ LOW S$ HIGH USS 1.4673 0.22 1.4726 1.3457 Euro 2.0180 -0.69 2.2064 1.9750 Pounds 2.5439 0.85 2.8431 2.5018 AS 1.0350 -7.62 1.3251 0.9470 Yen* 1.4525 2.47 1.4900 1.2619 Rupiah* 0.***** 0.17 0.***** 0.***** Baht* 4.2729 -0.39 4.4299 4.0190 Peso* 3.0962
      82 words
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      628 11 Annual Conference on Data Quality and Integrity Protecting and Improving the Value of Information to Enhance Governance and Performance According to Gartner, more than 25% of critical data in the world's top companies is inaccurate, incomplete or duplicated. Such poor quality data leads to significant revenue losses, higher operational costs,
      628 words
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      434 12 HA %T iRB V Building Links for a Better Future I "The launch of Link (THM) Holdings' new premises «L1 Ik -JflP^ 11 I represents a commitment to strengthen our IJ cohesiveness as a team towards raising the bar ,mm IT M ShlHl on lifestyle standards. The design, technology and
      434 words
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      57 13 W^*£*wftfffiF&m m~ m\ I IlvloPli 111 H The Origl™!. 2^B*fT T'9 li I I '^b J Our Valued Partners: Food E/wp/re jßtl i FOOD EMPIRE HOLDINGS LIMITED TATA C? lkw™ (g) fam.lvo.^n.n (Food Empire is under FTSE ST Index Series) «■«> pnrrrr ni/ii-rcn Iproducts company, inc. T#VT#% L-Uhrbb LIMM CD
      57 words
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      48 14 Congratulations to Overseas Union Enterprise Limited for winning the Most Transparent Company Award at the SI AS Investors' Choice Awards 2008 #«AA*M»«fl \/itnl Rffl &u*ekA 4^^JL SIANG HENG FISH MERCHANT PTE LTD V I LV/I LJ E"reka Technologies Pte Ltd -DECQND ENGINEERING PTE. LTD. *****1*0^ 11"!^ I \C\
      48 words
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  • SINGAPORE NEWS
    • Article
      Lock icon US dollar seen losing status as single reserve currency
      465 15  -  LYNETTE KHOO JPMorgan Chase expects commodity currencies to remain highly volatile By THE weakening greenback is changing the way countries hold their foreign reserves as they move away from holding US-denomi-nated foreign reserves to a mix of reserve currencies, audience at
      465 words
    • Article, Illustration
      Lock icon Downgrade for life insurance sector outlook
      430 15  -  GENEVIEVE CUA By STANDARD Poor's has revised the outlook for Singapore's life insurance sector to negative along with Taiwan's, while maintaining a stable outlook for three other markets China, Hong Kong and Thailand. The outlook for NTUC Income, which retains its AA rating, is
      430 words
    • Article
      Lock icon SWFs may eye assets from West
      309 15  -  JAMIE LEE By SOVEREIGN wealth funds (SWFs) could pick up some assets from the West over the medium term given their deep pockets, said Peter Flavel, head of global private banking at Standard Chartered yesterday. "There is a possibility that sovereign wealth funds might
      309 words
    • Article
      Lock icon More firms here see value in coaching execs
      385 15  -  OH BOON PING Most in DBM survey see high returns relative to the costs By EXECUTIVE coaching is taking root amid a growing emphasis on grooming high calibre employees here, a study has found. Based on a poll of 472 respondents worldwide,
      385 words
    • Article
      Lock icon S$ credit card for S'porean travellers to China
      287 15  -  NOOR AISHA By BANK of China (BOC), together with its Singapore branch and China Unionpay (CUP), yesterday launched the BOC Great WaU CUP Platinum Card. This is the first Singapore dollar-denominated CUP credit card to be launched here. It will primarily target
      287 words
    • Article
      Lock icon Q3 property investment sales plunge 79% to $1.1 b
      463 16  -  ARTHUR SIM Activity set to stay low for rest of '08; asset pricing now more 'realistic': DTZ By INVESTMENT sales in the third quarter totalled just $1.1 billion, a dizzy 79 per cent slide from the second quarter, according to DTZ.
      463 words
    • Article, Illustration
      Lock icon IAHGames aims to double online games offering
      466 16  -  ONG BOON KIAT Lazard roped in to help seek out new investment streams By THE first Singapore firm to operate a top-tier multiplayer online game is not resting on its laurels weaved from blockbusters like Fifa Online 2, Granada Espada and Grand Theft
      FILE PHOTO  -  466 words
    • Article
      Lock icon Job cuts likely if global crisis persists: NTUC
      198 16 COMPANIES here may start laying off workers if the global economic crisis persists, says labour chief Lim Swee Say. Yesterday, Channel NewsAsia quoted Mr Lim, who spoke on the sidelines of a tripartite forum, as saying that Singaporeans must be prepared for
      198 words
    • Article
      Lock icon S'pore, Mauritius sign cooperation pact
      162 16 SINGAPORE Cooperation Enterprise (SCE) has signed a memorandum of understanding with the Mauritius government to facilitate access to Singapore's public sector expertise. The agreement was signed in Singapore yesterday by SCE board director James Koh and Mauritius head of civil service and secretary to the
      162 words
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      105 15 £f II T 'XX u' 'j. C J JjWgjlS^. 1™ Reserve your Sunday for an exciting treat of fresh seafood and foie gras. Rr 1 With Louis Roederer Champagne as accompaniment, you can toast the week with friends and family whilst you unwind, t J^m™ J K Children can join
      105 words
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      30 16 Congratulations to Overseas Union Enterprise Limited for being recognised with the Most Transparent Company Award (SIAS Investors' Choice Awards 2008) In CONTEEM ENGINEERS PTE LTD Consulting Mechanical and Electrical Engineers
      30 words
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      521 17 BOROBUDUR «fjp*s«#ttnfr Auction ASIAN CONTEMPORARY AND MODERN ART EsMttftflSftßfl!f^^ffiJl SOUTHEAST ASIAN CONTEMPORARY AND MODERN ART KffiEßftflSftSlßf*^ttll FINE WATCHES £ftjß^ft¥ti]l Hb^^b a■h IL^SI IIIIBIHIIH HHHHHHHHHHHHHHHHHHHHHHHHHH \li 4 I I fIH I rjS3 *<^F A^^Al^o^^m^m I II flfl I **fl^^j HHH^^HwJSS^H. H HHHHfI I B^.jHWH Tang Zhigang JS&RI, The Era of Children
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  • ECONOMY WATCH
    • Article
      Lock icon Japan mulls over 2nd stimulus package
      525 18 -Reuters Economy seen on brink of recession after Aug machinery orders dive 14.5% [TOKYO] Japanese Prime Minister Taro Aso sought new ways to stimulate the economy yesterday, as a 14.5 per cent dive in machinery orders provided further evidence that the global financial crisis
      -Reuters  -  525 words
    • Article, Illustration
      Lock icon Trichet's 'regime change' to help EU banks
      621 18 -Bloomberg [BRUSSELS] European Central Bank (ECB) president Jean-Claude Trichet is opening up the floodgates as the credit crisis threatens to cripple the region's banking system. Traditionally slower than its global counterparts to shift policy, the ECB cut interest rates on Wednesday for the
      -Bloomberg; AP  -  621 words
    • Article
      Lock icon China joining rate cuts 'no surprise'
      519 18 AFP Beijing pledges further cooperation in fixing the global financial crisis [SHANGHAI] China's presence on the team of major central banks that slashed interest rates in a coordinated effort to calm financial markets surprised some, but signalled its growing role in the global economy.
      AFP  -  519 words
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      104 18 WORLD'S FIRST i ULTRA THIN LCD I' ,ii,, HITACHI HITACHI I sss.sss s 11. Unparalleled sophistication. Manifested in 1.5 sleekness. Unprecedented elegance. Accentuated by all-round 360° beauty. Leading innovation meets stunning magnificence. Behold, a breakthrough in High Definition, crafted in Japan. The Hitachi Ultra Thin LCD TV. Have you seen
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia keeps bourse shut after 20% loss
      468 19 Reuters Govt officials seek to reassure investors economy can weather any crisis [JAKARTA] Indonesia kept its stock exchange shut for a second day yesterday after the index lost more than a fifth of its value this week, and officials rushed to calm fears
      – Reuters; 1 " REUTERS  -  468 words
    • Article
      Lock icon No easy path ahead for M'sian PM-in-waiting
      465 19 J Reuters [KUALA LUMPUR] Malaysia's deputy premier Najib Razak looks to have an easy path to the top job in ruling party elections in March, but an unseemly scramble for power around him could damage his efforts to rebuild the government. Mr Najib
      — J — – Reuters  -  465 words
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      238 19 BEEBBuLp^ zveekend WBggr v> THE BUSINESS TIMES ■r^^Subscribe to the revamped Business Times Weekend just Sss6 a year and be sure to win one of these fabulous 20 Desirables more! jM A m■ ft ft ft A Ati sft A.vk 4__ k i» ■■H^UUiIJIA A ft .:i.M rfc-^ ft ft
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China bans sale of herbal remedy linked to 3 deaths
      462 20 Bloomberg Maker Wandashan in Heilongjiang, Yunnan fatalities under probe [BEIJING] China has banned the sale of a herbal remedy after three deaths were linked to it, the latest recall in a nation still reeling from the sale of tainted baby
      – Bloomberg; AP  -  462 words
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      254 20 W^O^^^\^l^|tv j S^tf fAM)"- \i. j/ Aw** I fIWsR Sl^B I' E I 7-^fl|fc^^sl^ '?i'7^P* .-i'7 5 '^j**"'1' 'J^.^" "»i ''""'^^Hl S/NCEi97S _oW^'* «fl fl^Pr*'^^' j^'^-^7'^,%* i vl^hhia w^l h^^^"^*ShßSs£jhTh^'^*** v'BEjsv^fcA **'Syffiyy*^,-•■ -%> II MA* A* mmmWml Halloiveen Affair .1 Celebrate the festival of spooky trick-or-treating and apple bobbing with
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India watching global crisis, will act swiftly if needed
      636 21 -Reuters Fundamentals strong, growth projected at 8%, says minister [NEW DELHI] India is watching the global financial crisis closely and will react swiftly to the needs of the market and will take steps to pump in cash if required, its finance
      -Reuters  -  636 words
    • Article
      Lock icon Bush signs landmark US-India nuclear legislation
      365 21 -AP [WASHINGTON] US President George W Bush signed legislation on Wednesday that reverses three decades of US policy and allows American businesses to enter India's multi-billion-dollar nuclear market. The US agreement on civil nuclear cooperation permits American businesses to sell nuclear fuel, technology and
      -AP  -  365 words
    • Article
      Lock icon AlG's Taiwan insurance unit to raise NTs47b
      410 21 Reuters [TAIPEI] AlG's Taiwan life insurance unit plans to raise NT547.22 billion (552.14 billion) by selling new shares to its troubled parent, as Taiwan insurers scramble to raise new funds as portfolio values plummet. Nan Shan Life, Taiwan's No 3 insurer, plans to
      Reuters  -  410 words
  • Page 21 Advertisements
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      2913 21 _L^l V^^ -I- J-^^-> I > Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg SSH Corporation Ltd. SSH Corporation Ltd. (Company Registration No.: *****0985C) (Company Registration No.: *****0985C) (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon IBM Q3 profit jumps 20%, beats forecasts
      709 22 Reuters It affirms full-year outlook, calming fears of meltdown in technology demand [NEW YORK] IBM posted a higher-than-expected preliminary quarterly profit and affirmed its full-year outlook, calming some fears that the financial crisis is sparking a meltdown in technology demand. International Business Machines
      – Reuters; BLOOMBERG  -  709 words
    • Article, Illustration
      Lock icon Opec may cut output to boost oil prices
      631 22 Reuters Group plans earlier Nov 18 meet after oil hit 10-month low [DUBAI] The Organization of the Petroleum Exporting Countries (Opec) may need to cut oil output to bolster prices, oil ministers said on Wednesday as the exporter group discussed holding an
      – Reuters  -  631 words
    • Article
      Lock icon Symantec buys UK firm for US$695m
      194 22 Bloomberg [NEW YORK] Symantec, the world's biggest maker of security software, has agreed to buy closely held MessageLabs for about US$695 million to improve protection for its e-mail programs. The transaction consists of a payment of about £310 million (***** million) and one of
      Bloomberg  -  194 words
  • Page 22 Advertisements
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      2285 22 W*Z7 rrX^r'TinT' r< Tollfree:1800-289-8822 Kf^ IV 11 If Email: notices@sph.com.sg _L^l V^>/ -1- I V -< i 'L www.cats.com.sg VT/"VI7/^ NOVO GROUP LTD. Company Registration Number: *****2648H) 1. y (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM")
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  • WORLD
    • Article, Illustration
      Lock icon Loans backed by shares a big Droblem for Russia markets
      621 23 NYT, Reuters [MOSCOW] At what point is a stock market no longer a functioning stock market? Every day this week, regulators have had to halt trading on Russia's main bourses, the world's hardest-hit stock markets during the current crisis. They
      NYT, Reuters; AFP i  -  621 words
    • Article
      Lock icon Down market hits 1-yr mark; no clear bottom
      952 23 -AP S&P falls 37% to 985 from year-ago peak; Dow tumbles 35% from 14,164 to 9,256 [CHICAGO] The bear market that is ravaging investor portfolios is now one of the worst in modern US history and has wiped out more than US$7
      -AP  -  952 words
    • Article, Illustration
      Lock icon Wall St tsunami spreads pain, fear worldwide
      706 25 Reuters Consumers forced to cut spending as loans dry up, savings shrink, jobs vanish [CHICAGO] A London businessman may have to put off his wedding. A Hong Kong housewife is too worried to make investments. A student in Slovenia sees an automobile loan
      – Reuters; AP  -  706 words
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      37 23 Our heartfelt congratulations to Overseas Union Enterprise Limited Most Transparent Company Award SIAS Investors' Choice Awards 2008 LOW KENG HUAT (SINGAPORE) LIMITED Changes for the Better LV" i^fc-i^w nwni ywMiWJ-ll vi\l.; l_L-r MITSUBISHI ELEVATOR (S) PTE LTD
      37 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Anti-govt drive not treason: Thai court
      329 24 But PAD leaders charged with public order offences [BANGKOK] Thailand's Court of Appeal watered down charges against nine leaders of an anti-government street campaign yesterday, saying that there was no way they had committed the capital offence of treason. However, the court said that
      REUTERS  -  329 words
    • Article
      Lock icon New EU members largely avoid banking crisis
      403 24 -NYT [BERLIN] New members of the European Union (EU) in central and eastern Europe have so far avoided much of the upheaval caused by the crisis of confidence in the global financial system. Although consumer spending is falling and growth rates are declining
      -NYT  -  403 words
    • Article
      Lock icon IMF pledges to aid any country that needs help
      479 24  -  ANTHONY ROWLEY No country will be immune from the effects of financial crisis: Strauss-Kahn in Washington THE International Monetary Fund (IMF) is ready to help any country advanced or emerging that needs backing to get through the global financial crisis, managing
      479 words
  • Page 24 Advertisements
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      90 24 F i W vW We are Punj Lloyd The one name behind Our multicultural and multiskilled workforce of 15,000 professionals Is uniquely some of the world's most empowered to work on global projects of magnitude while anticipating and overcoming prestigious projects in local challenges. Spread over five continents, this highly
      90 words
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  • Page 25 Advertisements
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      2299 25 -^r _L^l V^^ -I- J-^^-> I > kj Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg TimeV/atch E3 (Incorporated in the Republic of Singapore) rs.rs.r^r\ a rs.ir (Registration No.: *****2355R) GOODPACK LIMITED (Incorporated in the Republic of Singapore) NOTICE OF THIRTEENTH ANNUAL GENERAL MEETING COmpany Re9iStrati°n N° 198°°°547W NOTICE OF ANNUAL GENERAL
      2,299 words
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  • AVIATION
    • Article, Illustration
      Lock icon China air traffic may remain weak till H2 next year: exec
      464 26 -Reuters [SHANGHAI] China's air travel market is likely to remain weak as the global economy falters and may not rebound until the second half of next year, a senior Chinese airline executive said yesterday. "Airlines are among the hardest
      -Reuters; AFP  -  464 words
    • Article
      Lock icon Chicago okays US$2.52b Midway Airport lease
      399 26 Reuters [CHICAGO] The Chicago City Council on Wednesday agreed to a U552.52 billion deal to lease Midway Airport to a private operator, in the first privatisation of a major US airport. The 99-year deal passed in a unanimous vote, according to Lisa Schrader, a
      – Reuters  -  399 words
    • Article
      Lock icon Thales set to shore up suppliers
      216 26 Reuters [LAUPHEIM, Germany] French aerospace and defence contractor Thales is considering stepping in to help any supplier threatened by the financial crisis, echoing support from planemaker Airbus. "We have large clients but suppliers of all sizes," Thales chief executive Denis Ranque said on Wednesday.
      – Reuters  -  216 words
    • Article
      Lock icon ANA may cut profit forecast
      412 26 Bloomberg [TOKYO] All Nippon Airways, Japan's second-larg-est carrier, may cut its profit forecast as the company pays more than spot rates for fuel and loses passengers because of surcharges, according to Okasan Securities Co. All Nippon may cut its net income forecast 33 per cent
      Bloomberg  -  412 words
    • Article
      Lock icon OAG sees 6% cut in Q4 flights by global airlines
      189 26 Bloomberg [DALLAS] Airlines worldwide will offer 6 per cent fewer flights this quarter, led by declines in the US, according to an analysis by aviation data company OAG. The451,000-flight reduction from a year earlier shows the effect of the economic
      Bloomberg  -  189 words
    • Article
      Lock icon Boeing, union agree to turn to mediator
      525 26 Bloomberg, Reuters But both say they are holding their ground on wage hikes, outsourcing [BOSTON] US aircraft maker Boeing Co and its striking machinists union have agreed to contact federal mediators, following informal contacts between company and union officials on Wednesday. "We have
      – Bloomberg, Reuters  -  525 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2611 26 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
      2,611 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Three things Obama or McCain must do
      454 27 COME late January 2009, one of the two candidates who slugged it out at a town-hall debate in Nashville, Tennessee this week will be inaugurated president of the United States. For millions of Americans, and many millions more around the world, the overriding
      454 words
    • Article, Illustration
      Lock icon Washington plays blame game as Wall St panics
      1283 27  -  LEON HADAR As Americans despair, a distinct lack of confident leadership a la FDR is felt across the US IT'S not that officials and lawmakers in Washington aren't doing anything about the deepening economic crisis. On Wednesday, the Federal Reserve, in coordination
      AP  -  1,283 words
    • Article, Illustration
      Lock icon Get ready to board the next wagon after banking
      793 27  -  MATTHEW LYNN Bloomberg THE BOTTOM LINE IT'S time to empty the wine bottles, clean the ashtrays and do something about the stains on the carpet. The party is over. The investment-banking boom, which ran from the mid-1980s until the start of
      – Bloomberg  -  793 words
    • Article, Illustration
      Lock icon Time for a revival of the state's economic role
      1161 28  -  JOHN GEE A relatively benign outcome of the crisis might be a renewed mixed economy consensus, with states exercising oversight of big corporations By CRISES happen from time to time, and are no doubt endemic to capitalism. Comparisons with the 1929
      I AP  -  1,161 words
    • Article
      Lock icon mio TV satisfying customers' desires
      379 28  -  Tricia Lee LETTER TO THE EDITOR I REFER to the Hock Lock Siew commentary "SingTel's mio TV falls far short" (BT, Oct 7). SingTel is proud to be the first IPTV operator in the world to offer such a huge volume of top US series
      379 words
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  • Page 28 Advertisements
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      1606 28 NOTICES Tin W (Incorporated in the Republic of Singapore) (Registration No.: *****2355R) NOTICE OF BOOKS CLOSURE NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 7 November 2008 for the purpose of determining the Members' entitlements to the First
      1,606 words
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  • SHIPPING
    • Article
      Lock icon Pirates head for Thailand after Tioman hijack
      379 29  -  VINCENT WEE But Thai Marine Police catch them with the vessels after ReCAAP alert By THE latest attack on a tug and barge off Pulau Tioman on the east coast of peninsular Malaysia saw a change in tactics with the pirates taking both
      379 words
    • Article, Illustration
      Lock icon Posco looks to overseas banks
      272 29 Bloomberg It is seeking to raise funds for Daewoo Shipbuilding bid [SEOUL] Posco, South Korea's largest steelmaker, said it is in talks with overseas banks to help fund a bid for Daewoo Shipbuilding Marine Engineering Co that could be worth about US$4.9 billion. The steelmaker
      – Bloomberg; REUTERS  -  272 words
    • Article
      Lock icon Double pay for crew transiting Gulf of Aden
      278 29  -  VINCENT WEE By THE International Bargaining Forum (IBF), a grouping of international maritime employers and crew unions, has agreed to establish a "high risk area" covering a major part of the Gulf of Aden. This will ensure that seafarers on ships covered
      278 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 29 '000 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 0.36 0.29 1.30 0.40 0.86 0.65 0.05 0.93
        102 words
      • Article
        Lock icon KLSE
        37 29 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings unch 8.40 8.05 2.68 2.84 0.10 unch unch unch -0.05 0.05 0.02 0.01 unch 0 406 595 842 173 48 0
        37 words
      • Article
        Lock icon BANGKOK
        12 29 '00 Precious Ship Regional Cont .13.30 10.00 0.60 0.20 3269 344
        12 words
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        Lock icon HONGKONG
        6 29 '000 toil .16.72 0.12 1302
        6 words
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        Lock icon PHILIPPINES
        22 29 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.40 22.00 unch 1.00 -0.20 0.50 unch unch 862 1172 0 100
        22 words
      • Article
        Lock icon TAIPEI
        23 29 Evergreen Marine ...14.70 :irst Steamship 33.30 /Van Hai Lines 14.30 t'ang Ming Marine 9.13 0.65 -2.05 0.20 -0.67 9 4 5 15
        23 words
      • Article
        Lock icon TOKYO
        39 29 '000 fen ;awasaki Hvy Ind ..162.00 :awasaki Kisen 458.00 Mitsubishi Hvy 348.00 Mitsui Eng&Sbldg...151.00 Mitsui Osk Lines 626.00 Jippon Express 401.00 Jippon Yusen 508.00 11.00 2250; 1.00 1168; 9.00 ***** 13.00 1943! 4.00 ***** -2.00 582' 11.00 1485'
        39 words
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      3354 29 ■^r t^J J JL IVi 1 >i_l Toll free: 1800-289-8822* Email: notices@sph.com.sg •www.cats.com.sg S «r> THE companies act (cap. 50) V^73»l Statutory Declaration by Directors of Company's inability to continue business by reason of its liabilities IB3IU J U LEHMAN BROTHERS ASIA PACIRC (SINGAPORE) PTE. LTD. FUNG CHOI MEDIA GROUP
      3,354 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9035 30 Transaction date: Oct 9 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 14.5 4 3148 8Telecom 20 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 22.5 7 1938 AEI Corp 17.5 2 1100 AEM 36 13.5 2101 APOil 141 42 5550
      9,035 words
    • Article
      Lock icon SGX CATALIST
      647 31 52-wks Tel |h Low Code Cm Last Sale Vol COOP) Hii Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil Hii 20 11.5 1181 s AAGrp 30.5 15 5000 s ABR Hldgs 32 16.5 8538 s APStrategic 8.5 ***** s Advanced System 38
      647 words
    • Article
      Lock icon SGX XTRANET
      739 31 52-Wk Tel h Low Code Last Sale Vol fOOO) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr PJE $mil .Hii Comi .Hii ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 IS S&P500 ***** ***** 6170 SPDRS
      739 words
    • Article
      Lock icon CLOB INTERNATIONAL
      803 31 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
      803 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8554 31 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.545/ AIGIF Spore Bond Fund/A 1.281/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.65/ APS Alpha Fund (USD)! A 0.44/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.8048/ APS Komaba
      8,554 words
  • Page 30 Advertisements
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      36 30 y Jpfipp, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 9 wßj .J 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Wr Internet: Http://www.audemarspiguet.com
      36 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 32 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 8 World Index Preliminan 731.7 -3.8 -35.3 -3.6 -35.9 -4.0 -37.1 EAFE Preliminai 699.4 -6.2 -37.6 -5.9 -39.6 -6.3 -40.7 Euro[ Preliminan 974.5 -5.5 -36.9 -5.5 -40.9 -5.9 -42.0 Pacific 585.2
      360 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 32 As at 9am Oct 9 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9780 0.9900 Can dollar 1.2980 1.3130 Euro 1.9930 2.0160 NZ dollar 0.8720 0.8910 Sterlini 2.5230 2.5530 US dollar 1.4640 1.4800 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 32 Oct 9 ten Hii Sett STI SIMSCI Oct 259 262.4 261.2 Taiwan Oct 205 205 196.7 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon INTERBANK RATES
      179 32 Oct 9 er Bid Overnight 1/2 1-monfli 1 1/2 2-months 1 9/16 3-months 1 5/8 Overnight mode: 0.40 US$ Offer 3/8 1 1/4 1 5/16 1 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 6.00 6.00 6.00 6.00 5.30
      179 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 32 Oct9 S! Bid Offer 1-month 1.4615 1.4630 2 months 1.4580 1.4595 3-months 1.4545 1.4565 6-months 1.4462 1.4482 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      62 32 Oct 9 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Oct 08 1895 Nov 08 1855 Dec 08 1850 Jan 09 1838 Total o/p: ***** contracts 1956 1921 1884 144 1284 1910 1910 1835 345 9116 1890 1890 1810 ***** ***** 1883
      62 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      298 32 Oct 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec08 Mar09 Jun09 Sep09 96.9000 97.5600 97.5600 97.4550 ***** 6094 6072 4018 EUROYEN TIBOR FUTURES Dec08 99.170 99.170 Mar09 99.240 99.240 Jun09 Sep09 99.280 99.280 Dec09 Mar10 Jun10 Sep10 99.155 99.240 99.280 99.165 99.210 99.255 99.170 99.105
      298 words
    • Article
      Lock icon SICOM FUTURES
      190 32 Oct9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Nov 08 Dec 08 Jan 09 210.0 Feb 09 208.0 Mar 09 206.0 Apr 09 205.4 205.2 205.2 208.5 207.0 205.4 205.2 205.2 205.0 153 81 81 444 472 549
      190 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 32 Oct 9 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****H 08.01.09 1-Year BY*****N 04.05.09 1.35 1.44 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid His Day's igh Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      103 32 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 08 964.00 926.00 969.00 921.00 Jan 09 979.25 941.00 984.00 938.00 Mar 09 993.50 954.75 997.00 950.00 May 09 1003.00 966.00 1007.00 964.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 08 39.40 39.41 39.70 38.50 Dec
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 32 CRUDE OIL PRODUCTS Oct 8 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 82.82 -1.13 WTI (Near Mth) 89.30 -0.55 Dubai (1-Mth F) 77.32 -3.46 Tapis blend 87.30 -3.10 Minas 83.15 -3.10 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 68.22 94.40 -5.78 -5.40 USS/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 32 Ort9 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.788 4.792 0.512 5.459 33.430 67.429 0.710 9.716 2.453 1.134 55.623 33.307 1.031 6.354 0.791 22.798 24.136 0.406 0.703 Canada 1.269 6.080 0.649 6.926 42.416
      464 words
    • Article
      Lock icon SIBOR
      78 32 Oct 9 (US$) (S$) 4.***** 1.***** 1 mth 2 mths 4.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 4.***** 1.***** 6 mths 4.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 3.***** 12
      78 words
    • Article
      Lock icon PRECIOUS METALS
      170 32 Oct 9 USJ /oz) Oct 09 Oct 08 GOLD BULLION COINS (SS) Sellinc Hong Kong 888.80 907.90 889.80 908.90 Oct 07 Oct 08 London 876.40 911.45 878.40 915.45 Source: Thomson Reuters (SS) Selling Buying 1 oz 1480.88 1336 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $518.95 426
      170 words
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      Lock icon INTERBANK CURRENCY RATES
      152 32 Oct 9 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0302 1.0317 0.7025 0.7030 Canadian dollar 1.3073 1.3089 0.8914 0.8919 Euro 2.0138 2.0156 1.3732 1.3735 NZ dollar 0.9084 0.9104 0.6194 0.6204 Sterlim 2.5362 2.5385 1.7294 1.7291 US dollar 1.4665 1.4675 S$/US$
      152 words
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      Lock icon LONDON METALS
      67 32 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2204.80 2245.20 3 months 2255.00 2293.00 Copper, Grade A (USS/tonne) Cash 3 months 5296.00 5240.00 5734.00 5630.00 Lead (USS/tonne) Cash 1559.50 3 months 1575.00 1611.20 1630.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
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      Lock icon LIFFE
      72 32 Oct 8 (£/tonne) Close Prev Hii ih/Low Dec 08 1396 1420 1417/1388 Mar 09 1427 1454 1451/1422 May 09 1434 1458 1455/1430 Jul 09 1443 1467 1450/1443 COFFEE (USS/tonne) Close Pev High/Low Nov 08 1669 1795 1790/1572 Jan 09 1741 1864 1860/1642 SUGAR (US tonne) White Close Prev High/Low
      72 words
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      Lock icon BONDS & WARRANTS
      2722 32 BONDS WARRANTS Pel lode Company Pel Last Vol lode Company Sale +or- ('000) Second Chance Prop W*****7 1 -0.5 62 '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 )092 Asia Environment W*****4 7 1481 Asia Water Tech W*****0 18.5 S816#AsiasonsCapitalW*****7 4 S756#AsiaticGrp(H)W*****2 9.5 H05#Asiatravel W*****7 9 >878 Aztech Systems
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      2669 33 m The Business Times Shipping Times MM ijjjjjjjj^V BlCT^ffHHffifPffTOTffiSlffiß I WAN HAI INTERNATIONAL PTE LTD crnO: N*****0000/R Ur^Z \V^ K*L« Jfc:M!Ml^'ißffliM>BlJiJlial!BlißHßß!sßßm ■■>■_*> TEL *****588 (14 LINES) FAX: *****163 •V^^WafW^ffW WSm IMW.UtKi. \\\M lAlllN HAI INrN Qlstomcr Service/Bookings Direct Line (1800)*****200 M A l—T^ I™X^L^l" I I JBBBBB ***** Tl^ VWf^ll
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      3413 34 RICKMERS-LINIE »-h «h,, |t~iT\ EASTERN CAR LINER, LTD I g|) QGSlf^^ uSr gk'BU'k/PrOieCt/SOC COnVen"Ong' SerV'Ce- WebS"e: ~Htk—^- ]|-=J spec.al.ze IN RORO > heavy l.ft »PTO 450 ions! WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB
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      2898 35 I l~i j MIICPCCM i Tel: 65-*****907 Fax: *****917 I K^L^H E9 KB E9 V9 H KE ANDER^EN E™"* asc@asc-asia.com I WiH fil fIRV NAlf IGATIMU RRflllP I W^mmWM ISM KSB 118 /A shipping company/ 70Shc.ntonWay, #21-03 Marina House Singapore *****8 )KA W-""1 HHWIUHI 1(11* UlfUUr I KP*l»lHlli!SfillMp^^ MMI Hi
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      3829 36 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 DestjnName^ Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name SIN Dest'n Name Name Number
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  • executiveT lifestyle
    • Article, Illustration
      Lock icon Art fairs – a high-wire act?
      1535 37 Art fairs a high-wire act? From Art Basel to London's Frieze, art fairs have enjoyed tremendous commercial success in past years. As the recent economic meltdown of Wall Street depresses the international art market, the fate of art fairs hangs precariously in the balance. And with the proliferation of fairs
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  • Page 37 Miscellaneous
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  • CINEMA
    • Article, Illustration
      Lock icon Bloom and gloom at Pusan film test
      713 38 The industry event was celebrated amid troubles plaguing the Korean cinema and the global economy, reports GEOFFREY EU TRIUMPH and tragedy were present in equal measure on opening night at the 13th Pusan International Film Festival (PIFF) last week, marking the start of
      713 words
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      Lock icon Relax – even the actors are taking it lightly
      626 38  - Relax even the actors are taking it lightly JAIME EE By SO you win a best movie Oscar for No Country For Old Men. Your star Javier Bardem becomes the February pin-up boy in Classic Psycho Hairstyles magazine for his interpretation of the deranged page boy look. And you have
      BLOOMBERG  -  626 words
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      Lock icon No limits in tech or genres for Wang
      888 38  -  CHRISTOPHER LIM By WAYNE Wang is best known for directing cross-cultural dramas like The Joy Luck Club and Dim Sum: A Little Bit Of Heart, which are big on exploring relationships and low on technological glitz, but he's completely comfortable inhabiting the
      888 words
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      3339 39 TimeV/atch (Incorporated in the Republic of Singapore) (Registration No.: *****2355R) /> NOTICE OF EXTRAORDINARY GENERAL MEETING C R EZ AT I ViZ NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Time Watch Investments Limited (the "Company") will be held at Suntec REAT'V H E TE^ HN°L°P Y LT?
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  • BOOKS
    • Article, Illustration
      Lock icon Fluffy, escapist fabrications
      345 40 AMERICAN novelist Cris Mazza coined the term as the ironic title of the 1995 anthology she co-edited, Chick Lit: Postfeminist Fiction. But the real irony is what the term has come to mean nothing remotely scholarly but rather, frothy concoctions about hip women in fancy jobs and
      345 words
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      Lock icon An undemanding beach companion
      305 40 Beach House By Jane Green Michael Joseph Pages: 305 Price (w/o GST): $30.95 Rating: B- GIVEN its structure of interconnected stories about love, relationships and family, you could term Jane Green's The Beach House as "classic" women's literature albeit a gentler version of the Danielle Steele
      305 words
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      Lock icon A welcome return to form
      327 40 Fearless Fourteen By Janet Evanovich Review Pages: 308 Price (w/o GST): $27.95 Rating: B NEW Jersey's favourite bounty hunter Stephanie Plum began her consecutively numbered escapades with a bang in One for the Money. The past few outings, however, suggested that her number was up.
      327 words
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      Lock icon This one is for Audrey Hepburn fans
      310 40 Holly Would Dream By Karen Quinn Pocket Books Pages: 421 Price (w/o GST): $15.95 Rating: C THE titular pun is a good indication of the contents within: Holly Would Dream is unabashed Chick-lit Lite, but worth a swig if you're a fan of
      310 words
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      661 40 /9\* l||l r 1 1^ WE BRING YOU CLOSER TO JAPAN m J m f i|| Lr^^W iVt^l Q£fl V7^7^^S^^V97^^^LV^aal Min. spend of $5,000 MB Min. spend of $2,000 V \7&\ i^B for Japan group tour for Japan F&E group L^i V 4 i* 1 h^^fP^Hff9^P7^^nVrVlfVVV^F''^f!^4ri I Packages to receive
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      64 40 I Hedge Fund I Disclaimer: Past performance is not necessarily indicalive of future or likely performance I Lianhe Zaobao I I for China I I Printing I I Dyeing I I whose major shareholder I I has gone "missing"? 1 UII i'illll HI! HUH III! HII 11-HH I till f
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  • MUSIC
    • Article, Illustration
      Lock icon Scofield-Lovano duo not a faddish idea
      912 41 The guitar-sax team says a raw sonic chemistry weaves their instruments together, reports CHRISTOPHER LIM D AIRING a guitar and a saxophone isn't a novel idea in jazz. John Coltrane and Kenny Burre 11 were one of the more prominent collaborations. Still, it isn't
      912 words
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      Lock icon Selling out 2 gigs in under 12 months
      810 41  -  CHRISTOPHER LIM By THERE were three concerts last weekend. And the biggest one was by the only artist among the trio who had already performed here in the past 12 months. Taiwanese singer A-mei sold out her 10,000-ticket gig here last November,
      810 words
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      Lock icon New kids make debuts, older kids make return
      796 41  -  CHRISTOPHER LIM CD REVIEW The Dey Has Come The Dey Epic Rating: B+ Diary Thelma Aoyama Universal Rating: BDoll Domination The Pussycat Dolls Interscope Rating: B The Block New Kids On The Block Interscope Rating: C+ By HIP-HOP and R&B have their
      796 words
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  • PURSUITS
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      Lock icon Latest in Ta es series is possibly best yet
      494 42 GAMING Role-playing game Tales of Vesperia boasts an engrossing epic storyline, marvellous music and excellent English dialogue, says CHRISTOPHER LIM TALES ofVesperia is the latest in a long line of role-playing games (RPGs) from Japanese games publisher Namco. Not all the
      494 words
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      Lock icon Nine women together are better than one
      510 42  -  BEN MUNROE THEATRE By YOU can't fault the strategy of new production company Zebra Crossing in picking an inaugural play guaranteed to court controversy and therefore lots of attention. From the legs spread on the posters to the bold title and frank script,
      510 words
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      Lock icon Prime wines for sub-prime times
      1105 42  -  NKYONG WINE By THESE are tough times for everyone and there is the natural tendency to hold back on items that could be classified as luxuries. One has to make the dollar stretch and one obvious target is wine. So do you cut back or
      1,105 words
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      47 42 I LOCK+STORE I mmSmmSSmmSSm 1800 370 3737 ■HHmH kwok QBSnn GALLERY lj£^L»A^fl Three Generations of Experience swi-1918 HRHRPPHHmPRHHPI 545 Orchard Road #03-01 Far East Shopping Centre "^^P*" '^H Singapore *****2 T 4 jj Tel: (65) 6235 2516 »k 1 |HHHH Fax: (65) *****128 I kwok singapore®pacific.net.sg I
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  • Page 42 Miscellaneous
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      297 42 CRYPTIC CROSSWORD I Atrocious food, poisonous __^|__^|__^|__^^^^E_^_ inside (8) I^H I^^^H^H 5 From Tehran, someone's re- 9 Handy Post Office run by j^B WM WU counter (8) _MM_^ML__HH_H^^^MBB_BH_BB_ /r-\ i yarn yo) li^^l i^^l i^^l 11^ i^^l i^^l i^^ll II Superfluous pricks joining _l^|__^^^_^l H 12 Conservative getting rougher and
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  • ARTS
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      Lock icon Portraits from a theatre czar
      789 43 Robert Wilson is set to showcase his theatrical photographs here, reports CHEAH UI-HOON THE last time Singapore saw a Robert Wilson play was in 2004, when the theatre doyen known for his avant garde ideas and long and glacier-paced stage productions presented an Indonesian epic,
      789 words
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      111 43 B 1 k w Ik. In a great orchestra, talent is a given. Its success, however, lies not only in the musical gifts of its members, but how they play as one. As founder and main partner of the ÜBS Verbier Festival Chamber Orchestra, we are proud to enable these
      111 words
  • Page 43 Miscellaneous
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      412 43 Silken reproductions FRENCH fashion house Hermes has teamed up with the Singapore Tyler Print Institute (STPI) to showcase 30 works of German-born Josef ALbers, one of the great theoreticians of colour and form. These prints are a fine example of the breakthrough collaboration between ALbers and master printer Kenneth Tyler
      412 words
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  • SIAS Investors' Choice Awards 2008
    • Article, Illustration
      Lock icon TO BUILD CONFIDENCE
      348 44  -  CONRAD TAN FACED with a slowing economy, sinking share prices and higher costs from inflation, companies could be forgiven for thinking their bottom lines come first. But pushing corporate governance to the back seat would be a mistake. Even in bad times, executives who show they care
      348 words
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      Lock icon On the right track
      808 45  -  CHOW PENN NEE SMRT chief executive Saw Phaik Hwa explains the role of the company's directors in driving corporate governance at the transport provider By DIRECTORS play an important part in its corporate governance journey, says SMRT Corporation Ltd. The transport provider won big at the
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      Lock icon Good corporate practices for all seasons
      2202 47  -  CONRAD TAN DESPITE turbulent financial markets, plunging share prices and a darkening economic outlook, it pays for companies to pay close attention to how their company is managed and how they communicate with investors, says David Gerald, a long-time champion of small investors' rights
      FILE PHOTO; BLOOMBERG PHOTOS  -  2,202 words
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      Lock icon Efforts to engage investors payoff
      638 49  -  NISHA RAMCHANDANI Property giant CapitaLand believes that in volatile times, firms should improve communication levels to keep investors in the loop By CORPORATE governance is a lot easier to put into practice when the economy is doing well and companies are making fat profits. But
      638 words
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      Lock icon Delivering results for unitholders
      768 51  -  TEH SHI NING A-Reit's focus on investors makes corporate governance a natural priority By BELIEVING that a culture of corporate governance is critical to its performance, and acting on that belief, has led Ascendas Real Estate Investment Trust (A-Reit) to emerge joint winner of SIAS' Most
      768 words
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      Lock icon Olam's board crucial to its success
      803 52  -  CONRAD TAN Its focus on building a sustainable business helps it weather cycles, says CEO By KEEPING track of 01am International's sprawling agricultural commodities business which spans 60 countries, 200,000 suppliers and 6,500 customers is perhaps a more daunting task than monitoring the operations
      FILE PHOTO  -  803 words
    • Article, Illustration
      Lock icon Going beyond the Code
      853 53  -  CONRAD TAN For Keppel Corp, corporate governance is more than compliance with the Code; it's about reinforcing ethical business practices By KEPPEL Corp, the world's largest builder of offshore rigs, believes good corporate governance makes a company more attractive to investors who look further than the
      REUTERS  -  853 words
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      Lock icon Finding the right person for the CEO's job
      981 54  -  ROLAND RUIZ Ineffective selection processes are leading to poor and very costly top executive hires, says AS a governance responsibility, CEO succession is arguably the most important decision that boards will make. Given the volatility in today's financial markets and regional economies,
      AP, BLOOMBERG  -  981 words
    • Article, Illustration
      Lock icon Thomson Medical's health regime
      772 56  -  CHOW PENN NEE CEO Allan Yeo tells BT how the healthcare provider is ensuring that it will ride out the downturn By IN times of market turmoil and the slowing economy, it seems tempting to spend resources on more pressing operational issues. But for Thomson Medical
      FILE PHOTO  -  772 words
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      205 44 I CONTENTS: SMRT on the right track page 2 Interview with SIAS' David Gerald pages 4&5 Finding the right person for the CEO's job page 11 I Supplement coordinator: Conrad Tan Sub-editor: Gouw Muat May Cover design: Jazreel Wee Artist: Jennifer Chua Assistant News Editor (Special Projects): George Joseph Clearly,
      205 words
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      124 45 f JiztecH Systems Limited jr (Recipientfor il Most Transparent Company JLwarcC2ooB Investors (sgXMam6oanfsma(rcap) Choice Awards Aztech Group M deni'm Liter Residenlial HcmePlug Media Player RC Helicopter wffi Jm^ftWWW *\f*^ Aztech Electronics AZ United AZ Marine 3 OEM/ODM 3 Procurement supply of O Owner, operator management of vessels O Contract Manufacturing
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      320 46 J/J SingTel ©ST Engineering I Winner Second Third Merit Winners -^^■SSTSRT I/l If! I Corporation j^T-L dJfstcirHub Cap/taLaiid y*^~ EXCHANGE W/ SingTel O^ C EXCHANGE [Z3P- I^ard WK#MG g|g i™s _.SID J^s. SAS thebusinesstimes S^™"*- I Crniikd Public A K «vr»n Singapore F'lttT'l of Singapore j^^bbbbl l I II l
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      206 47 Jfyffux Quenching the World's Thirst Hyflux is proud to be awarded Most Transparent Company at SIAS Investors'Choice Awards 2008 LWhen you think Water... Think Hyflux. From Designing and building Singapore's first seawater desalination plant, to Constructing China's largest desalination plant inTianjin, and Building the world's largest desalination plant in Magtaa,
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      88 48 HiiS:: U\\S\' 'I^'V/V////»*^Si i Mk&tiXl "-".-"--——-1 >////////'* \\\\K —I '»W,V SUNTEC REAL ESTATE INVESTMENT TRUST MOST TRANSPARENT COMPANY AWARD 2008 (REITS CATEGORY) SIAS Investors' Choice Awards 2008 Our sincere thanks to all who nominated us for this Award and to all our stakeholders for your valuable support Managed by: (^SUNTEC
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      168 49 'For CapitaLand, good 0% W\ IT IJ| I £tf\ fm corporate governance means VjflLj^lll ICmI I LJ having sound and transparent \r W mm wM *!!?J^J policies and practices to meet I \^^^^^^&E^^^^^ mmmm specific business needs and f provide a solid foundation for __^-^SBk trust and respect/ CapitaLand's senior
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      747 50 Governance Awards 2008 X^ K Sftit HBH| IV9H IBUPH <^m TJEr-i^ Ci^*^S?^^^Sjh^^^^i J^HHbbV^bb^bb^bb^bb^bbb^b-^^bb^bb^ kfl >;*'W ISf^***: S^^^^^^^b-. mended to have one under the Code (i.e., where there is a More companies (43% compared to 21%) have disclosed W^l|l| S^X Sp^| family relationship between the chairman and CEO, where their process
      747 words
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      417 51 SUSTAINING GROWTH WITH GOOD GOVERNANCE. We embrace good corporate governance and disclosure practices to help us maximise long term shareholder value. Beyond our key businesses in Offshore Marine, Property and Infrastructure, we are creating new solutions, clean technologies and sustainable developments to improve the environment and quality of life. Today,
      417 words
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      63 52 Testament to Excellence Recognition of Trust ascendas Best Industrial/Warehouse Developer in Singapore Euromoney 2008 Liquid Real Estate Awards a-reih ascendas reit Winner of Most Transparent Company 2008 Award (REITs) SIAS Investors' Choice Awards 2008 I Hi-Tech Industrial Logistics Distribution Centres g£sj* t '^o^3?** Light Industrial feUMLflV^' 6 JHg^?|^j^^jjy Icon@lß^Singapore^^^ I
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      29 53 Our heartiest congratulations to Overseas Union Enterprise Limited on being awarded the Most Transparent Company (Hotels Restaurants Category) in the SIAS Investors' Choice Awards 2008 CBRE CB RICHARD ELLIS
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      222 54 SIAS 9 th Investors'Choice Awards 2008 Most Transparent Company Award (Construction Category) Presented To Chip Eng Seng A •This year's award marks the fifth in a row for Chip Eng Seng. yuvciiidilot; diiu iidilbpdiciloy, jj liJ^iS iiSJ 33^3 /WVAKUj Mr Lim Tiam Seng PBM, Executive Chairman >s!S 4|&*''^H^^|K?M S SpJHrj
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      28 56 Overseas Union Enterprise Limited^^^H Winner of the Most Transparent Company Award at the SIAS Investors' Choice Awards 2008. Jones Lang LaSalle* www.joneslanglasalle.com.sg Real value in a changing world
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      206 57 ParkwayLife RE1T WINNER h 1*1 Most Transparent Company Award 2008 i **L^*i^fcSS INBWISSU6SJ r n^ *^*Z^l&m SIAS Investors 1 Choice Awards 2008 "Parkway Life REIT is honoured to receive this prestigious award. We are ii'!| committed to maintaining the highest standards of corporate governance and transparent communication. Thank you to
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