The Business Times, 31 October 2008

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Microfilm: NL29504
Total Pages: 39
1 39 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, October 31,2008
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  • Article, Illustration
    Lock icon Relief worldwide as galloping yen stumbles
    706 1  -  LARRY WEE Hope stirs that messy unwinding of carry trades can still be avoided By [SINGAPORE] Asian currencies rallied yesterday on news of more rate cuts overnight, but the biggest relief came from the cut that Tokyo is expected to unveil today. The possibility
    706 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      43 1 lursi iam 1COMP 853.56 +24.15 IIKKEI225 9,029.76 +817.86 IANG SENG 14,329.85 +1627.78 ;et index 408.31 +24.16 JAKARTA COM P 1,173.86 +60.24 IANILACOMP 1,864.93 +84.29 ;eoulcomp 1,084.72 +115.75 IHENZHEN B 226.64 +6.53 IUMBAI IND Closed 12NOONEDT Cham )OW 8,999.41 +8.45 IASDAQ 1,663.74 +6.53
      43 words
    • Article
      Lock icon PRIME RATES
      29 1 13.75 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.424 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.00 CANADA 4.00 SWITZERLAND 2.98 INDIA Source:
      13.75 Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      42 1 IS$ (S$ per US$) 1.466 (US$/S$ per 1.663 2.438 ;URO (US$/S$/E) 1.321 1.936 Foreign currency per US$ S$ 'EN 98.70 67.30 3.536 2.412 IK$ 7.753 5.288 !AHT 34.81 23.74 lUPIAH 10,700 7,299 lENMINBI 6.839 4.665 INDIAN RUPEE 49.45 33.73 1.460 0.996
      42 words
  • Article
    Lock icon SIA may get to fly Sydney-LA route
    558 1  -  YEN SREENIVASAN But it will get its chance only after Virgin Blue starts its service next year By [SINGAPORE] The Australian government will allow Singapore Airlines to fly the lucrative Sydney-Los Angeles trans-Pacific route, but only after its second national carrier Virgin Blue
    558 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      43 1 POISON PEN EXECUTIVE |f CORPORATE BE INSPIRED LETTERS LIFESTYLE Wp. RESULTS Zap for daily inspiration. E3 Holdings fires Media producers Cosco: Q3 profit Win a Nikon Digital founder pages go global page 39 I T *A 1 up 17% pages Camera! page 18
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      63 1 Rediscover the joys of home As the economy winds down, people are seeking comfort in familiar, intimate surroundings with friends and family. Say goodbye to the loud and excessive parties of the past it's time to take a fresh look at your own back yard, or someone else's. Whether you're
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  • TOP STORIES
    • Article, Illustration
      Lock icon IMF opens purse without strings attached
      801 2  -  CONRAD TAN Offers short-term loans to countries hit by crisis as more expect trouble By [SINGAPORE] Once again, the International Monetary Fund finds itself defined by crisis. In the space of just five days, the IMF has approved some US$35 billion in emergency loans
      AP  -  801 words
    • Article
      Lock icon Stocks soar, analysts preach caution
      531 2  -  CONRAD TAN Rate cuts boost markets but the worst may not be over yet By [SINGAPORE] Markets in Asia and Europe surged yesterday after the US Federal Reserve slashed its benchmark interest-rate target to the lowest since 2004. But analysts here warned that the market
      531 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Relief worldwide as galloping yen stumbles
        58 2 ASIAN currencies rallied yesterday on news of more rate cuts overnight, but the biggest relief came from the cut that Tokyo is expected to unveil today. The possibility that Japan will trim its already rock-bottom 0.5 per cent interest rate halted the relentless march
        58 words
      • Article
        Lock icon SIA may get to fly Sydney-LA route
        43 2 THE Australian government will allow Singapore Airlines to fly the lucrative Sydney-Los Angeles trans-Pacific route, but only after its second national carrier Virgin Blue starts up the service said Transport Minister Anthony Albanese yesterday. FRONT PAGE
        43 words
      • Article
        Lock icon IMF opens purse without strings attached
        59 2 THE International Monetary Fund said it would extend up to US$lOO billion in short-term loans to developing countries that have been hit hard by the financial crisis but are sound economically, with no conditions attached. This came after it approved some US$35 billion in
        59 words
      • Article
        Lock icon Japan's package to dodge perfect storm
        58 2 JAPAN'S Prime Minister Taro Aso last night unveiled a five trillion yen (5574.8 billion) package of emergency measures designed to cushion Japanese institutions against Shockwaves from the global financial crisis, bolster the Tokyo stock market and ease the pain of households in the face
        58 words
      • Article
        Lock icon Cosco Corp's Q3 net up 17% as sales soar
        39 2 COSCO Corp (Singapore) posted a 17 per cent year-on-year rise in third-quarter net profit to $113.9 million as turnover surged 81 per cent to $987.7 miUion. COMPANY NEWS, PAGE 5
        39 words
      • Article
        Lock icon Wing Tai profit falls 47% despite higher revenue
        69 2 WING Tai Holdings yesterday said that its first-quarter profit fell 47 per cent to $32.6 million from $61.8 million a year ago as it saw lower profit contributions from associated and joint-venture companies. For the first quarter ended Sept 30, 2008, revenue
        69 words
      • Article
        Lock icon Audit panel releases guidebook for directors
        31 2 THE Audit Committee Guidance Committee yesterday released a 200-page guidebook for audit committee members, aimed at helping directors strengthen corporate governance. SINGAPORE NEWS, PAGE 11
        31 words
      • Article
        Lock icon KL spending US$50m to replant palm oil trees
        69 2 MALAYSIA said yesterday that it will spend more than US$5O million to encourage companies to replant palm oil trees, causing a temporary 4 per cent cut in output, and will boost biodiesel usage. The government will replant 200,000 hectares with saplings, cutting
        69 words
    • Article
      Lock icon Japan's package to dodge perfect storm
      706 4  -  ANTHONY ROWLEY Asian equity markets post solid gains on rate cuts and fiscal stimulus packages By in Tokyo JAPAN'S Prime Minister Taro Aso last night unveiled a five trillion yen (US$5l biUion or 5574.8 biUion) package of emergency measures designed to cushion Japanese institutions
      706 words
    • Article, Illustration
      Lock icon High Notes 5 investors win two concessions from DBS
      538 4  -  SIOW LI SEN By [SINGAPORE] Emotional investors in Lehman-linked DBS High Notes 5 wrangled two concessions from the local bank yesterday. For one, the bank is willing to let the disputes resolution body decide on complaints of up to $100,000 double
      ARTHUR LEE  -  538 words
    • Article
      Lock icon Currency swap lines to ease US$ crunch
      484 4  -  OH BOON PING Spore part of Fed's new arrangement but it may not need to draw on facility By [SINGAPORE] The US Federal Reserve has established four new currency swap lines of US$3O billion each with Brazil, Mexico, South Korea and Singapore, broadening
      484 words
    • Article
      Lock icon Down to 1%, hints of more to come
      635 4  -  ANDREW MARKS 50 BASIS POINT CUT IN FED FUNDS RATE -i By in New York THE US Federal Reserve's 50 basis point interest cut is a clear sign the American economy is in danger of crashing. The cut, the second in just
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      84 words
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      Lock icon Page 4 Advertisements Column 2
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      124 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Cosco Corp's Q3 net up 17% as sales surge 81%
      543 5  -  VINCENT WEE Gross profit margins fall; factors cited include higher material costs By COSCO Corp (Singapore) posted a 17 per cent year-on-year rise in third-quarter net profit to $113.9 million as turnover surged 81 per cent to $987.7 miUion. Q3
      FILE PHOTO  -  543 words
    • Article
      Lock icon E3 Holdings fires founder over poison pen letters
      385 5  -  CHEW XIANG By CATALIST-LISTED E3 Holdings yesterday fired its founder Liau Beng Chye, saying there was evidence he was involved in poison pen letters sent to the company in September. The move comes just five days before E3's annual general meeting when
      385 words
    • Article
      Lock icon Reit sponsors and their lucrative exit strategies
      664 5  -  UMA SHANKARI MAL^UAKih Group, wmcn on Tuesday said it would sell its entire stake in Macquarie Prime Reit and the Reit's manager to Malaysia's YTL Corporation for $285 million, is certainly making a neat exit from its investment. However, the interests oi minority
      664 words
    • Article, Illustration
      Lock icon Wing Tai Q1 gain falls 47%; revenue up 34%
      491 8  -  UMA SHANKARI Earnings dragged down by lower contributions from associated, JV firms By WING Tai Holdings yesterday said that its first-quar-ter profit fell 47 per cent to $32.6 million from $61.8 million a year ago as it saw lower profit contributions
      FILE PHOTO  -  491 words
    • Article
      Lock icon SingPost commits to dividend policy
      363 8  -  NISHA RAMCHANDANI By SINGAPORE Post announced yesterday that it remains committed to its minimum quarterly dividend policy of 1.25 cents per share, despite a 5.6 per cent year-on-year fall in net profit to $37.4 million for the second quarter ended Sept 30. The weaker profit
      363 words
    • Article
      Lock icon Refinancing tops Suntec Reit agenda
      372 8  -  EMILYN YAP Q4 distribution income surges 44.5% to $43.9 m By WITH credit concerns looming over the market, refinancing is now top of the agenda for Suntec Real Estate Investment Trust (Reit). "While we have no major financing needs in the next 12 months, we
      372 words
    • Article
      Lock icon a-iTrust reports $13.8m Q2 distributable income
      399 8  -  EMILYN YAP By BUSINESS space trust Ascendas India Trust (a-iTrust) yesterday reported distributable income of $13.8 million for the second quarter ended Sept 30, 2008 24 per cent higher than a year ago. This translates to a distribution per unit (DPU) of 1.82 cents,
      399 words
    • Article
      Lock icon Indofood Q3 profit up 7.6%, revenue doubles
      448 8  -  OH BOON PING With palm oil prices falling, pressure on margins continues By PLANTATION group Indofood Agri Resources reported a 7.6 per cent rise in third-quarter net profit to 300.7 billion rupiah (5541.2 million), and warned of continued pressure on net profit margins
      448 words
    • COMPANY BRIEFS
      • Article
        Lock icon Samudera's net drops 14.7% to US$5.7m
        37 8 SAMUDERA Shipping reported a 14.7 per cent year-on-year drop in net profit to US$5.7 million for the third quarter ended Sept 30. Revenue was up 26.9 per cent at U*****.4 million.
        37 words
      • Article
        Lock icon CIT announces a DPU of 1.49 cents
        50 8 CAMBRIDGE Industrial Trust (CIT) has announced a distribution of 1.490 cents per unit for the quarter to Sept 30. Net property income of $16.2 million exceeded forecast by 8 per cent while distributable income of $11.9 million exceeded forecast by 8.2 per cent.
        50 words
      • Article
        Lock icon STATS ChipPAC's net plunges 71.7%
        48 8 STATS ChipPAC Ltd said net profit decreased by 71.7 per cent to US$7.9 million for the third quarter of 2008. The results included US$2l.l million in equipment impairment charges and US$5.l million in restructuring expenses. Revenue rose 14 per cent to U*****.2 million.
        48 words
      • Article
        Lock icon China Farm warns of lower Q3 results
        48 8 CHINA Farm Equipment warned that its Q3 2008 results are expected to be lower compared with a year ago. The group still expects to remain profitable for Q3, but overall performance for FY2OOB is not likely to be better than FY2007.
        48 words
      • Article
        Lock icon Innovalues Q3 net loss widens to $1.62m
        30 8 INNOVALUES' third-quarter net loss widened to $1.62 million from $1.4 million a year ago. Revenue was up 13.3 per cent at $37.4 million.
        30 words
      • Article
        Lock icon Eu Yan Sang Q1 net rises 3% to $3.26m
        47 8 EU Van Sang International Ltd has turned in a net profit of $3.26 million for Ql FY2009 ended Sept 30, 2008, a 3 per cent rise from a year ago. Revenue dipped 3 per cent to $50.4 million.
        47 words
    • Article, Illustration
      Lock icon RMG impervious to pain from economic slump
      564 10  -  CHEN HUIFEN Posting 25% jump in Q3 earnings, group expects steady but slower growth By EVEN as the Singapore economy slows and tourist arrivals ease, Raffles Medical Group (RMG) expects to grow its business, albeit at a slower pace. Speaking to BT following
      FILE PHOTO  -  564 words
    • Article
      Lock icon At a glance
      189 10 Three months ended Sept 2008 Nine months ended Sept 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS %CHNG CURRENT I PREVIOUS I (Sm)— (S$m) I %CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S$m) (S$m) I I 1 CoscoCorp 113.89 97.75 16.5 987.73 547.00 80.6 326.48 220.08
      189 words
    • Article
      Lock icon Standards council passes change in accounting rules
      323 10  -  JAMIE LEE By SINGAPORE firms can apply the amended accounting rules by the International Accounting Standards Board for finances reported from the third quarter of this calendar year, the Accounting Standards Council (ASC) said yesterday. ASC said the recent changes under the FRS39
      323 words
    • Article
      Lock icon Midas, China firm to set up JV to make aluminium plates
      323 10 MIDAS Holdings has signed a letter of intent (LOI) with Aluminium Corporation of China (Chinalco), the largest aluminium producer in the country and one of the largest producers in the world, to jointly manufacture thick aluminium alloy plates and
      323 words
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      Lock icon Page 5 Advertisements Column 1
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      75 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders position for Wall Street rally
      595 6  -  R SIVANITHY STOCKS ST Index soars 131 points in line with Tokyo and HK bourses; broad market also robust TRADERS yesterday clearly positioned themselves for a large Wall Street rally the Straits Times Index rose 130.71 points to 1,801.91 in line with a 9
      Bloomberg  -  595 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      91 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 1 3 0 0 0 12 1 3 lanufacturing 99 30 55 14 108 37 69 Commerce 40 11 14 45 18 17 )t/Stor/Comms 25 25 ■inance 30 30 instruction 15 17 'roi lerties 31
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      107 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 43,050 43,050 144,864 144,864 lanufacturing 403,581 29,565 433,146 241,724 1,407 243,131 lommerce 160,764 16,455 177,219 114,945 2,033 116,978 'pt/Stor/Comms 227,535 147 227,682 288,184 25 288,209 :i nance 64,004 64,004 410,773 410,773 lonstruction 22,854 10,868 33,722 2,186 321 2,506 'roperties
      107 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 6 lapitaLand 2.850 +0.220 lapitaMall 1.820 +0.200 jtyDev 6.650 +0.680 losco Corp 0.755 +0.095 IBS Grp 11.500 +0.900 :&N 2.840 +0.240 Sent Intl 0.375 +0.035 iolden Agri 0.180 +0.005 IK Land 2.470 +0.120 IMH 22.420 +3.420 ISH 11.360 +2.060 lardineC&C 9.300 1.000 Ceppel Corp 4.640 +0.520 Ceppel
      106 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      867 6  -  JAMIE LEE SLEEPING dragon: Capitaßetail China Trust's (CRCT) Q3 2008 numbers were in line with expectations. Gross revenues and net property income grew by 49 per cent and 54 per cent year-on-year (y-o-y) to 5528.3 million and $18.1 million respectively. Growth was mainly from: 1) contribution from Xizhimen,
      Bloomberg  -  867 words
    • Article, Illustration
      Lock icon Dollar slides against euro, high-yielders
      447 6 Reuters CURRENCIES [LONDON] The US dollar feU against the euro, sterling, and other highyielding currencies yesterday after an interest rate cut by the Federal Reserve helped to cool extreme risk aversion and supported European shares. In a widely expected move, the US central bank chopped
      ■ Reuters; BLOOMBERG  -  447 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      54 6 CLOSE BT OB/OS -1222.00+481.0 BT CADI -*****.00 +232.0 BT 10-day MA -*****.00 -122.0 FTSE ST Mid Cap 340.40+22.15 FTSE ST Small Cap 279.32 +14.90 FTSE ST All Share 425.11 +29.83 FTSE ST China Top 151.48+14.49 FTSE ST China 153.27+12.24 UOB Catalist 75.49 +1.50 SIMSCI 217.74+14.58 SIMSCI Futures
      54 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Golden Agri 204,965,000 Cosco Corp 72,629,000 Noble Grp 68,567,000 Sing Tel 45,113,000 Gent Intl 43,556,000 RafflesEdu 40,332,000 IndoAqri 39,741,000 China Honqxinq 35,018,000 SembMar 32,981,000 Ezra 28,205,000 VALUE(S) DBS Grp 134,266,282 Sing Tel 112,811,530 Keppel Corp 111,618,403 UOB 88,711,558 OCBC Bk 86,653,349 SGX 77,674,100 Capita Land 73,022,386
      59 words
    • Article
      Lock icon RISES
      106 6 BY CENTS CLOSE UP 2242 501.0 18.0 JMH GLD 10US$ 7642 310.6 2.9 JSH 1136 301.8 22.2 China H 10US$ 875 191.9 17.6 DBS Bk6% NCPS 10 9580 110.0 1.2 Jardine C&C 930 100.0 12.0 DBS Gri 1150 90.0 8.5 UOB 1364 84.0 6.6 SIA 200 1098 78.0 7.6
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    • Article
      Lock icon FALLS
      114 6 UOB 5.05%NCPS 100 CLOSE DOWN 8400 -80.0 -0.9 Great Eastern 900 -50.0 -5.3 STI2500BNPePW*****7 137 -48.0 -25.9 OCBC Bk4.5%NCPS 100 7364 -46.0 -0.6 STI2350BNPePW*****0 105 -28.0 -21.1 DBS MBL ePW*****2 107 -23.0 -17.7 STI 2050 DBePW/*****2 68.5 -22.0 -24.3 STI 1950 DBePW*****2 55.5 -19.0 -25.5 STI 2200BNPePW*****6 62.5 -17.0
      114 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 6 0O30 CLOSE CHNG FR Oct 29 YR2008 S$ LOW S$ HIGH USS 1.4689 2.20 1.5155 1.3457 Euro 1.9190 -0.17 2.2064 1.8640 Pounds 2.4200 -0.47 2.8431 2.3088 AS 0.9925 -2.74 1.3251 0.9068 Yen* 1.4942 3.16 1.6645 1.2619 Rupiah* 0.***** 1.06 0.***** 0.***** Baht* 4.2173 2.02 4.4299 4.0190
      86 words
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      409 words
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      225 10 The management of Geocycle Singapore Pte Ltd would like to thank Dr Mohamad Maliki Bin Osman, Parliamentary Secretary for National Development for taking time off from his busy schedule to grace the Opening Ceremony of our used copper slag processing facility on 29 October 2008. In addition, we would also
      225 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Audit panel releases guidebook for directors
      437 11  -  CHEW XIANG Book offers advice on tackling such issues as fraud, related-party deals By THE Audit Committee Guidance Committee (ACGC) yesterday released a 200-page guidebook for audit committee members, aimed at helping directors strengthen corporate governance. ACGC, an initiative announced in June last year,
      437 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon NYP sets up new IT security centre
        43 11 A NEW centre at Nanyang Polytechnic (NYP) will propel research and development in IT security and train future specialists. An estimated 800 students will be trained by the centre over the next three to five years.
        43 words
      • Article
        Lock icon Sensor firm opens manufacturing centre
        57 11 ELECTRONIC sensor producer Halliburton yesterday inaugurated its manufacturing and technology centre in Singapore the company's second expansion in the Asia-Pacific region this year. "This investment allows us to shorten our supply lines and gives us more flexibility to respond to emerging market conditions," said Halliburton's
        57 words
      • Article
        Lock icon F&B companies cut waste under pact
        48 11 THE volume of food and beverage-related packaging used for specific products has been reduced almost 17 per cent, a year after an industrygovernment pact to cut waste was signed. And a further 31 companies have signed up under the Singapore Packaging Agreement.
        48 words
    • Article
      Lock icon Siemens unveils corporate tech centre here
      262 11 GERMAN technology firm Siemens has set up its first corporate technology (CT) centre in South-east Asia to do basic research, with the aim of sharpening competitiveness of its business units in the region. The centre, housed at the PUB Water Hub in Toh Guan
      262 words
    • Article, Illustration
      Lock icon Fewer job ads in Q3 as firms cut back on hiring
      452 11  -  LEE U-WEN By THE global banking crisis, which hit its peak in September, caused many companies in Asia's financial centres of Singapore and Hong Kong to cut back on their hiring efforts, said international recruitment firm Robert Walters, which
      Robert WaKere Asia Job Index  -  452 words
    • Article
      Lock icon Slower rise seen for 2009 airfares, hotel rates
      271 12  -  NISHA RAMCHANDANI Amex cites airlines fighting downturn, new hotel entrants, falling visitors By AIRFARES and hotel rates in Singapore will rise more slowly next year as airlines struggle with the economic downturn and new hotels come on stream amid falling visitor numbers.
      271 words
    • Article
      Lock icon Visitor arrivals fall a 4th straight month in Sept
      366 12  -  TEH SHI NING STB says target of 10.8 m visitors will not be reached By VISITOR arrivals fell 4.1 per cent in September to 739,000 from 771,000 a year back, according to Singapore Tourism Board (STB) figures released yesterday. This brings
      366 words
    • Article, Illustration
      Lock icon Sparkling beauties on display
      133 12  -  ARTHUR LEE By A DAZZLING display of the world's finest jewelled timepieces captivated guests at Jewellery Time 2008 last night. The 11-day event, at the atrium of Paragon shopping centre, was organised by Cortina Watch. Put on at an estimated $2.5 million, it features a selection
      ARTHUR LEE  -  133 words
    • Article
      Lock icon New brands at Orchard Central
      324 12  -  UMA SHANKARI By ORCHARD Central, Far East Organization's upcoming mall, has signed up more than 100 tenants so far including several names that are new to Singapore. The 250,000 sqft mall is now 60 per cent leased with five months to go before it opens
      324 words
    • Article
      Lock icon SPIO to be one-stop portal for state tenders: SLA
      225 12 THE Singapore Land Authority (SLA) said yesterday that from tomorrow onwards, state tenders will be launched only on its State Property Online Information (SPIO) portal. Such tenders were previously posted on both the Government Electronic Business Portal (GeBIZ) and SPIO. SLA
      225 words
    • Article
      Lock icon Boon Lay MRT extension to open on Feb 28
      305 12  -  NOOR AISHA By THE Boon Lay Extension (BLE) of the East-West Line is expected to begin service on Feb 28, according to the Land Transport Authority (LTA). The BLE, it said, will help reduce travel time by as much as 15
      305 words
    • Article
      Lock icon Rednano to give charities a helping hand
      360 12  -  AMIT ROY CHOUDHURY By LOCAL search and directory engine rednano.sg yesterday announced a programme to give charities a boost by highlighting their work and needs. The programme, called "Rednano Gives", enables selected charity organisations to make greater use of the company's directory listings
      360 words
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      175 11 Low interest rate of 1.99%* j Factory-fitted leather seats and 18" alloy rims .^'<^iL 3-year/100,000km warranty JH /■;";'sf':i t^^P^ mm—*s 'fl T^ Adventure has just reached a brand new high! With the new Grand Vitara 2.4 L VVT, scale to new heights and brave waves of the MTV— O\ toughest
      175 words
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      329 12 .jt KADEKA V JAPAN www.kadeka.com.sg SSL xijm After months on the trellis, wUBj^ d #k premium imm& yrapes hm rwexaL Jj^. j^H The precious grapes go into another painstaking process. From juicing I to fermentation, and maturing to fruition of the prized wine, great S- Wm\ attention is paid to
      329 words
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      301 13 Air Asia, your preferred airline II I II AW v OUch Gift m AAAAAW k uso \m—^AAW /c/n 9s J WHEN YOU FLY FROM SINGAPORE! Only pay for fuel surcharge, taxes and admin fee. With 108 routes, 56 destinations and over 3000 weekly flights, no other airline connects you better
      301 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Bad currency bets piling up for Asian firms
      590 14 Reuters Derivative products leave them exposed to rapid surges in US$ and the yen [HONG KONG] The extreme market volatility is snaring Asian companies caught on the wrong side of currency bets, highlighting what some say is a reluctance or inability of
      – Reuters; AFP  -  590 words
    • Article
      Lock icon US mulling over plan to curb transfer pricing abuses
      382 14 ■NYT [WASHINGTON] The Internal Revenue Service is considering a plan to curb a tactic commonly used by multinational corporations with American operations to lower their tax bills, a move that would help bring back some of the billions of dollars in
      ■NYT  -  382 words
    • Article
      Lock icon ECB may cut rates as German inflation falls again
      252 14 -Reuters [BERLIN] Falling oil and food prices helped cool German inflation for the third month in a row in October, giving the European Central Bank (ECB) added scope to cut interest rates and bolster the broader euro-zone economy. The annual inflation
      -Reuters  -  252 words
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      521 14 Bulllj^ Thank You For Making Bull Charge 2008 PMlßPk*^ A Tremendous Success! VMnUmmM" ja^ Our heartfelt appreciation and sincere gratitude to everyone who charged full steam -z> c^^7v^^i»y ahead to make this charity event a memorable affair. Together, we have raised a total of charity m run in the cbd^
      521 words
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      889 15 IJI.B Jit t_: if STI pr V Congratulations to Singapore ItwliHiif on achieving this Milestone in Water Engineering We are proud that Dutch Water expertise was instrumental in the Marina Barrage project. fitfk&e Netherlands PBflfH DeltafeS UPtTS rSBIo fbreignlnvestment tiu^^^S Enonin 9 Deit.ufc Dem Hydraulics xPI^ NljhuiS Em M....,-h. 1
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon KL spending US$50m to replant oil palm
      529 16 Move will cut output by 4% temporarily as govt aims to boost biodiesel use [KUALA LUMPUR] Malaysia, the No 2 palm oil producer, said yesterday that it will spend more than US$5O million to encourage companies to replant palm oil trees, causing a
      Reuters, Bloomberg; BLOOMBERG  -  529 words
    • Article
      Lock icon Proton back in the black with RM162m profit
      187 16 Bernama [KUALA LUMPUR] Proton recorded RM162.2 million (Ss6B million) profit for the financial year ended March 31, 2008, a sharp reversal from the previous year's massive losses, the Dewan Rakyat (Parliament) was told yesterday. Deputy Prime Minister Najib Tun Razak said the
      – Bernama  -  187 words
    • Article
      Lock icon Rubber cargoes cancelled
      330 16 Reuters Chinese buyers default on 80,000t Indonesian rubber [JAKARTA] Indonesian exporters have cancelled shipments of up to 80,000 tonnes of Indonesian rubber after Chinese buyers failed to pay up because prices dropped, an Indonesia Rubber Association official said yesterday. Indonesia, the world's second largest rubber producer after
      – Reuters  -  330 words
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      351 16 LUAUKY JHBf savouring BaPgnPfliffliffi^^ > THE BEST OF ASIA iBHillB Savour a delectable array of gastronomic > KuEbKEEE BBJ3 EBSkh delights from the culinary capitals 33 gQ of Asia. KgjHg|||||yjLM Priced from: &ai& *Jk- I Bl^cf»fflilßnfffli!i Bgn| For reservations, please call i wk. j£_ IKfll e? M <9 p L
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China markets will remain stable: Wen
      513 17 ■AP It assures Central Asian countries help to withstand impact of global crisis [ALMATY, Kazakhstan] China said yesterday its financial markets would remain stable enough to allow it to help ex-Soviet Central Asian republics withstand the impact of the global economic crisis. Chinese Premier
      ■AP; AP  -  513 words
    • Article
      Lock icon Chinese venture capital industry gloomy
      329 17 Reuters [BEIJING] The global financial crisis is casting a pall over China's venture capital (VC) industry, with surveys showing that funds are getting harder to raise and investments are becoming harder to exit. The China Venture Capitalist Index, designed to reflect how VC investors based
      – Reuters  -  329 words
    • Article, Illustration
      Lock icon Falling inflation sparks India rate cut hopes
      511 17 Reuters [NEW DELHI] India's annual inflation rate could be in single digits before the end of the year, giving the central bank room to cut rates, analysts said after inflation rate fell to a 4V2 month low in mid-October. The wholesale price index,
      Reuters; AP  -  511 words
    • Article
      Lock icon Taiwan PC, chip firms tool up for robotics
      464 17 Reuters They target a 7% share of the global robotics market [TAIPEI] Long a powerhouse for personal computers, Taiwan is eyeing a share of the US$lB billion robotics market, taking on larger foreign rivals in an area that could become the next
      Reuters  -  464 words
  • Page 17 Advertisements
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      524 17 V^r, V^ T^/^1 T*T TTT Toll free: 1800-289-8822 >B IJ If I L/ I Email: recruit@sph.com.sg IVLVjIVUI -I. www.st7ol.com CAREER OPPORTUNITY IN GLOBAL INVESTMENTS PORTFOLIO MANAGEMENT Al Mojil Investment is a fast growing and dynamic private investment company based in the Middle East. We are currently expanding our team of
      524 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon New rules help Deutsche Bank post Q3 profit
      588 18 Bloomberg 435 m euros in earnings as asset writedowns are cut by 845 m euros [FRANKFURT] Deutsche Bank reported a surprise third-quarter profit after new accounting rules allowed it to book fewer asset writedowns. Net income after minority interests fell to 435
      Bloomberg  -  588 words
    • Article, Illustration
      Lock icon Despite crisis, US remains only superpower: Patten
      395 18 It should still be the principal agent of change in the world [SINGAPORE] For all its economic woes, the United States remains the only global superpower and will, along with Europe and Asia, continue to shape the new world order, says Chris Patten.
      FRANCIS ONG/THE STRAITS TIMES  -  395 words
    • Article
      Lock icon Phone handset market stalls, Christmas fears rise
      432 18 Reuters [HELSINKI] The world's top cellphone makers fear further weakening demand after reporting third-quarter growth grinding to a standstill. Only Samsung Electronics has gained market share through price cuts. Although the overall market had not yet begun to contract, growth has slowed to
      – Reuters  -  432 words
    • Article
      Lock icon Exxon Mobil Q3 net hits record as oil soars
      306 18 AP, Bloomberg [HOUSTON] Exxon Mobil says it has shattered its own record for the biggest profit from operations by a US corporation, earning U5514.83 billion in the third quarter. Bolstered by this summer's record crude prices, the Irving, Texas-based company said
      AP, Bloomberg  -  306 words
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      681 19 CORTINAWATCHJEWELLERYTIME2OOB .fig OCT 30 TO NOV 9, THE PARAGON ATRIUM jU^ i^jßl BT ADVERTORIAL Gemstones are men's BEST FRIENDS? Do gentlemen and jewellery watches go hand-in-hand? "A WATCH with jewels? Never on my wrist too I I I feminine," proclaimed the burly gentleman in an Ermenegildo Zegna suit sporting a
      681 words
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      1073 20 CORTINA WATCH JEWELLERYTIME 2008 V^i" i OCT 30 TO NOV 9, THE PARAGON ATRIUM BT ADVERTORIAL f I 'Qjf^^ ~f I Hi-fi 'I The playful nature of Chopard's fl 11 iK|fvrs|« I ~v I i I Happy Sport Rose with five 1 f<^\ |1 \W^> *!ldJ} **l] m Bffik]m imf
      1,073 words
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      510 21 CORTINA WATCH JEWELLERY TIME 2008 i OCT 30 TO NOV 9, THE PARAGON ATRIUM ■—Taa— H§^^^^^^| BT ADVERTORIAL WOMEN'S PRIDE, MEN'S ENVY Jewellery collections that make a statement COMBINED with rose gold, the colour white, wheth- I I I er for the dial, bezel or strap, results in a pleasant
      510 words
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  • WORLD
    • Article, Illustration
      Lock icon MGM shares jump as it delays projects, cuts costs
      468 22 Bloomberg Move may help the firm cover loans and finish its USsll.2b City Center project [LOS ANGELES] MGM Mirage, the casino company majority-owned by billionaire Kirk Kerkorian, has shelved two planned casino developments and outlined cost reductions that will save US$5OO
      Bloomberg; MGM MIRAGE  -  468 words
    • Article
      Lock icon Obama in massive vote appeal with TV ad
      532 22 ■AP.LAT-WP [WASHINGTON] Democrat Barack Obama took to the airwaves on Wednesday with a half-hour paid television appeal in an extraordinary last-minute effort to win over undecided voters. Aired on seven network and cable stations, the ad served as a national get-out-the-vote organising
      ■AP.LAT-WP  -  532 words
  • Page 22 Advertisements
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      2176 22 tor _L^l Vta^ X. -I_^^J I > kj Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg THE^SI^, I 111 -N THE MATTER OF ACT, CAP. 5 0 I l iMTurflilSrrnnr In The Matter Of IN THE MATTER OF CLOVERMATES INTERNATIONAL PTE LTD fe I SINGAPORE PRIVATE LIMITED SERVICES PTE LTD let/. Kfcvj.
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  • GLOBAL FINANCIAL CRISIS
    • Article, Illustration
      Lock icon Untitled
      101 23 'The Fed threw the kitchen sink at the problem. We've hit an inflection point where the damage is still being done and the problem is still there, but actually we're in control of the fire now.' David Bloom, global head of FX research at HSBC in London 'Today, we face
      101 words
    • Article, Illustration
      Lock icon Rate cuts, govt stimulus aim to counter recession
      436 23 Reuters Germany, Russia ready packages as companies project job cuts, hard times [LONDON] The European Central Bank, Britain, Australia and Japan are expected to cut interest rates within the week, right on the heels of similar actions by the United States and
      Reuters; : Bloomberg  -  436 words
    • Article
      Lock icon Eurozone confidence hits 15-year low: EU survey
      532 23 -AFP [BRUSSELS] The worst financial crisis for generations and a looming recession drove European consumer and business confidence to a 15-year low point in October, an EU survey showed yesterday. Following in the path of other recent weak data, the European Commission's eurozone
      -AFP  -  532 words
    • Article
      Lock icon Fed signals willingness to cut rates even more
      625 23 -Bloomberg, NYT [WASHINGTON] Zero per cent interest rates! It sounds like free money, or maybe a promotional deal from General Motors to get people to buy Hummers. As it happens, the Federal Reserve is surprisingly close to that point already. On Wednesday,
      -Bloomberg, NYT  -  625 words
    • Article
      Lock icon Layoffs in New York spreading beyond Wall Street
      588 23 -NYT [NEW YORK] A broad array of businesses across the New York region have begun eliminating jobs by the thousands as the pain of the financial crisis spreads well beyond Wall Street. Companies as varied as Yahoo, American Express, Time Inc and
      -NYT  -  588 words
  • Page 23 Advertisements
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      166 23 1 1 1 t irV p^ pj^ ij r^ i|l fcl—: 1 THE HEARTBEAT OF THE INDIAN COMMUNITY rasp I %%f£si m I iiTji H dI II ll BRILLIANT FEATURES: ufiwt &¥fr m^JW S Q Perf°rmance an(l balance of 3000 |P*M|npBipMUMHMHIHM| I I%&r lumens with a 2000:1 contrast ratio ■J^^j^^Q^^^oj^Hj^^^j
      166 words
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      3437 24 Joint AnnOUnCGITIGnt 4-4 Condition for Delisting and Exit Offer. The Delisting and Exit Offer will be conditional on the approval of the Delisting Resolution by a majority of at least 75 per cent, of the total Number of Shares Ij V number of issued Shares (excluding treasury shares) held by
      3,437 words
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  • AVIATION
    • Article
      Lock icon Aviation landscape will look very different post-global crisis
      587 25  -  YEN SREENIVASAN Participants at Asian conference gloomy on sector's prospects as demand shrinks By THE unprecedented financial crisis buffeting the global economy will change the global aviation landscape, and Asian carriers will not be immune. That was the general conclusion of some
      587 words
    • Article
      Lock icon Qantas jet guided to safety after weather radar fails
      337 25 AFP [SYDNEY] A Qantas jumbo jet flying from Los Angeles to Australia was guided into New Zealand by another airliner after its weather radar failed over the Pacific Ocean, the airline said yesterday. The faulty weather radar was discovered on the
      AFP  -  337 words
    • Article
      Lock icon US airports add capacity but flights are down
      778 25 -NYT [NEW YORK] Airports around the United States broke ground on dozens of projects over the last decade, including new runways and terminals, to handle all the new passenger traffic that seemed certain to keep growing. Now, many of those new developments
      -NYT  -  778 words
    • Article, Illustration
      Lock icon Auckland Airport's Q1 profit rises 1.6% on traffic growth
      247 25 Bloomberg [WELLINGTON] Auckland International Airport Ltd, New Zealand's largest, said first-quarter profit rose 1.6 per cent as increased competition on domestic routes and new services to Australia boosted passenger and aircraft numbers. Net income climbed to NZ524.2 million (5521.1 million) in
      Bloomberg; BLOOMBERG  -  247 words
    • Article, Illustration
      Lock icon Delta, Northwest in mammoth US$2.6b merger
      294 25 Reuters [WASHINGTON] Delta Air Lines swallowed rival Northwest Airlines Inc on Wednesday in a US$2.6 billion merger that created the world's biggest airline and prompted new speculation about further industry consolidation. The all-stock transaction, the first domestic airline combination in three years, closed after
      – Reuters; AP  -  294 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2570 25 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnar mt^ AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW). BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bh Bouraq Airlines (BOU), BR EVA Airways Corpn
      2,570 words
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  • SHIPPING
    • Article
      Lock icon Falling freight rates to hit Thoresen Thai
      591 26 Reuters Group's 2009-2010 results affected, but profit in 2008 will be record breaking [BANGKOK] Thoresen Thai Agencies (TTA), Thailand's biggest dry bulk carrier group, said yesterday that a sharp drop in freight rates in the wake of the global credit crunch will hit
      – Reuters  -  591 words
    • Article
      Lock icon Hyundai Heavy Q3 earnings down 33%
      338 26 Reuters [SEOUL] Hyundai Heavy Industries, the world's largest shipbuilder, yesterday reported that its quarterly net profit fell by a third, hit by rising raw material costs and losses from the weaker won. The shipbuilding industry faces declining orders and falling shipping demand amid a
      ■ Reuters  -  338 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 26 '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 Star Cruises 0.23 0.24 0.76 0.31 0.45 0.48
        107 words
      • Article
        Lock icon KLSE
        36 26 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.57 8.30 7.95 2.31 unch 0.06 unch 0.01 0.20 -0.10 0.10 unch 0.01 unch 119 248 1508 762 0 245 0
        36 words
      • Article
        Lock icon BANGKOK
        12 26 '00 ■recious Ship Jegional Cont 7.10 5.60 0.30 ***** unch 1577
        12 words
      • Article
        Lock icon HONGKONG
        6 26 '000 toil .13.30 2.16 2801
        6 words
      • Article
        Lock icon PHILIPPINES
        22 26 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.30 12.50 2.50 unch unch 0.50 unch unch 6248 1476 278 0
        22 words
      • Article
        Lock icon TAIPEI
        22 26 Evergreen Marine ....15.85 :irst Steamship 25.70 ManHai Lines 13.00 r"ang Ming Marine 8.52 1.00 1.65 0.85 0.55 11 12 4 19
        22 words
      • Article
        Lock icon TOKYO
        37 26 '000 :awasaki Hvylnd ..168.00 24.00 ***** :awasaki Kisen 423.00 70.00 ***** /litsubishi Hvy 358.00 35.00 ***** /litsui Eng&Sbldg... 146.00 25.00 ***** /litsui Osk Lines 526.00 80.00 ***** lippon Express 428.00 32.00 5841 lipponYusen 515.00 62.00 *****
        37 words
    • Article, Illustration
      Lock icon Keppel O&M invests more in training
      424 26  -  VINCENT WEE By DESPITE the current uncertain economic outlook, Keppel Offshore and Marine (Keppel O&M) is gearing up for the future by stepping up its training capacity, providing places for 3,500 trainees a year at its Keppel O&M Training Centre and raising annual investment
      424 words
    • Article
      Lock icon United Air offers new baggage service
      385 26 [DALLAS] United Airlines is teaming up with FedEx Corp to ship a passenger's bag overnight for as much as US$35B a round trip, betting that some customers will pay the higher cost to avoid taking luggage to the airport. Travellers would get door-to-door baggage
      385 words
    • Article
      Lock icon Mitsui, Kawasaki share prices up
      198 26 Bloomberg [TOKYO] Mitsui OSK Lines Ltd, operator of Japan's largest fleet of iron-ore ships and Kawasaki Kisen Kaisha Ltd rose the most in more than two weeks in Tokyo trading as commodity prices gained, which may boost shipping demand. Mitsui OSK rose as much as
      – Bloomberg  -  198 words
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      14 26 Lianhe Zaobao I Shanghai's creative industry areas not living up to their name? I
      14 words
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      Lock icon Page 26 Advertisements Column 2
      222 26 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE CRITICAL BUNKER RECOVERY Following a review of bunker costs for the 2-month period ended 25 October 2008, please be advised that the Critical Bunker Recovery (CBR) effective 15 November 2008 and until further notice, will be as follows: For List "A" Ports
      222 words
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      Lock icon Page 26 Advertisements Column 3
      260 26 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1
      260 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Crunch time for Singapore oil trade
      463 27 SINGAPORE'S oil trade which has fallen by half in the last couple of months has hit some really big bumps. But it's not derailed. Traders (including corporates that hedge oil, such as the airlines) have been on a wild roll-er-coaster ride. In July, traders
      463 words
    • Article, Illustration
      Lock icon What Asean must do to cope with the crisis
      1134 27  -  SANCHITA BASU DAS Act together to maintain confidence in the underlying strength of the region's economies By THE current financial crisis has reached perilous proportions. The depth of the crisis can be gauged from the fact that the cost of the
      AFP  -  1,134 words
    • Article, Illustration
      Lock icon External pressure for human rights won't work
      773 27  -  FRANK CHING THE BOTTOM LINE IN SEPTEMBER, there were reports that the Norwegian Nobel Committee was actively considering awarding this year's Peace Prize to an imprisoned Chinese dissident, Hu Jia. China warned the Nobel committee not to do so. In the end, the
      773 words
    • Article, Illustration
      Lock icon AIG, Dinallo and the devil's derivatives
      1065 28  -  NICHOLAS DUNBAR Or how credit default swaps and residential mortgage backed securities felled New York's national champion By ON JANUARY 18, 2008, the great and good from finance and politics mingled in an auditorium at New York University. There was New York's then governor
      AFP  -  1,065 words
    • Article, Illustration
      Lock icon Reaching and retaining overseas talent
      921 28  -  MAUREEN JEGANATHAN ARM JAMES CLEMENCE By and THE credit crises as well as rising inflation and volatility of the financial markets are making 2008 a challenging year for many companies. Amid this backdrop of economic uncertainty, a recent survey conducted by PwC International Assignment Services
      BLOOMBERG  -  921 words
    • Letter
      Lock icon Use of IPO proceeds was not improper
      334 28  -  Li Qiang LETTER TO THE EDITOR WE refer to the Hock Lock Siew column, "More cause to review policy for China listings" (BT, Oct 27). The board and management of China Energy Ltd wish to highlight that two statements regarding China Energy in
      334 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8992 29 Transaction date: Oct 30 !-wks Tel Low Code Last Sale V C000) lay L Low Bu] .ast Quote yer Seller Div C'vr Net P/E ICap Hi! Com| >an] Hi: •k 14 3 3148 8Telecom 19 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 21 6 1938 AEICorp
      8,992 words
    • Article
      Lock icon SGX CATALIST
      634 30 52-wks Tel |h Low Code Last Sale Vol COOP) Hi; Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap Hil Coi 20 11.5 1181 s AAGrp 30.5 15 5000 sABR Hldgs 32 16.5 8538 s APStrategic 6 1 1501 s Advanced System 38
      634 words
    • Article
      Lock icon SGX XTRANET
      728 30 52-Wk Tel h Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Hii Comi Hii ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 392.1
      728 words
    • Article
      Lock icon CLOB INTERNATIONAL
      813 30 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      813 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8388 30 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.325/ AIGIF S'pore Bond Fund/A 1.235/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.52/ APS Alpha Fund (USD)!** 0.35/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6361/ APS Komaba Global
      8,388 words
  • Page 29 Advertisements
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      30 29 AlIDEMARSPlGUET r%%nv Le maitre de I'horlogerie depuis 1875 -,^/&/Mr/^^ I /t C) //^ArJ^Sl^ >,'",' -2 B i C OK I I IN A WA L I www.audemarspiguet.com jWjg1*^ T t ,ti.'-
      30 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      372 31 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 29 World Index Preliminan 695.1 3.2 -38.6 4.1 -38.9 4.5 -41.3 EAFE Preliminai 648.5 6.0 -42.1 8.0 -44.4 8.4 -46.6 Euri Preliminan 916.7 6.5
      372 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 31 As at 9am Oct3o Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9970 1.0440 Can dollar 1.2110 1.2250 Euro 1.9240 1.9460 NZ dollar 0.8620 0.8810 Sterlini 2.4240 2.4510 US dollar 1.4750 1.4920 Local dollars to 100 units of foreign currency: Currencies
      130 words
    • Article
      Lock icon INTERBANK RATES
      159 31 Oct3a unei Xterniqht 3/16 -month 1 1/4 -months 1 5/16 l-months 1 3/8 Overnight mode: 1/16 IS$ Offer 1/K 1 1 1/K 1 1/i Bk 1 days month > months months d months months 2 months (Ail 2.00 4.00 4.25 4.25 4.50 4.30 4.30 Offer 1.0C 3.0( 3.2!
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 31 Oct3o ten STI SIMSCI Oct 207.4 222.1 220.6 Taiwan Oct 169.1 178.2 178.0 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Oct3o Bid Offer 1-month 1.4633 1.4656 2 months 1.4607 1.4632 3 months 1.4579 1.4604 6-months 1.4517 1.4547 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      61 31 Oct3o Delivery Month Opening Range Sett Av Price Price Hi Low Vol Open Done Position Nov 08 1560 Dec 08 1515 Jan 09 1520 Feb 09 1517 Total o/p: ***** contracts 1600 1610 1538 117 3030 1568 1575 1500 1812 ***** 1560 1578 1491 ***** ***** 1569 1579
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      307 31 Oct3o OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO8 MarO9 JunO9 SepO9 97.6700 97.8200 97.7100 97.5600 7750 ***** 3751 3348 EUROYEN TIBOR FUTURES DecO8 MarO9 99.405 99.405 JunO9 99.410 99.420 SepO9 99.400 99.400 DecO9 Mar10 99.250 99.250 Jun10 99.180 99.180 Sep10 99.120 99.120 99.385 99.410 99.400
      307 words
    • Article
      Lock icon SICOM FUTURES
      187 31 Oct 30 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) NOV08 190.0 Dec 08 183.8 Jan 09 Feb 09 Mar 09 Apr 09 191.0 188.5 183.7 191.0 188.0 186.0 188.0 188.0 188.0 191.0 31 40 40 40 40 232
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      Lock icon GOVERNMENT SECURITIES
      87 31 Oct3o Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****W 29.01.09 1-Year BY*****V 02.11.09 0.85 1.19 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh 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 3.125
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      Lock icon CHICAGO BOT
      104 31 Out 29 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 937.25 878.75 948.75 912.00 Jan 09 947.00 888.00 958.00 921.00 Mar 09 959.25 899.75 969.75 935.00 May 09 969.50 909.75 979.75 946.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 34.33 31.88 34.38 33.40
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      Lock icon CRUDE OIL & PRODUCTS
      76 31 CRUDE OIL PRODUCTS Oct29 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 65.59 4.75 WTI (Near Mth) 68.12 4.92 Dubai (1-Mth F) 58.66 1.46 Tapis blend 66.90 1.30 Minas 65.65 1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 34.60 76.80 0.05 -4.15 US$/barrel Opec Oil Basket
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      Lock icon INTERBANK CROSS RATES
      461 31 Oct3o AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.816 4.685 0.519 5.311 33.872 73.300 0.676 8.567 2.422 1.138 55.986 33.335 1.004 6.474 0.773 22.439 23.843 0.412 0.685 Canada 1.226 5.742 0.636 6.509 41.516 89.840
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      Lock icon SIBOR
      76 31 Oct 30 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 3.***** 10yrs 3.***** 12 yrs 3.***** 15 yrs 3.***** Source: Thomson Reuters 1 mth 2.***** 1.***** 2 mths 3.***** 1.***** 3 mths 3.*****
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      Lock icon INTERBANK CURRENCY RATES
      156 31 Oct3o Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0032 1.0053 0.6848 0.6853 Canadian dollar 1.2300 1.2318 0.8396 0.8397 Euro 1.9344 1.9375 1.3204 1.3207 NZ dollar 0.8811 0.8837 0.6014 0.6024 Sterling md 2.4363 2.4405 1.6630 1.6636 US
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      Lock icon PRECIOUS METALS
      140 31 Oct3o GOLD (USS/oz) Oct 29 Oct 30 Hong Kong London 750.00 771.70 751.00 772.70 Oct 28 Oct 29 736.90 755.10 739.40 757.60 Source: Thomson Reuters CAST BAR M) Oct 30 Buying Sellini Kilobar ***** PAMP GOLD BARS (S$) Sellini "39,185.54" ng Buying Igm 5gm lOgm 20gm 50gm lOOgm
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      Lock icon LONDON METALS
      70 31 Oct 29 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2097.80 2054.20 3 months 2152.00 2110.00 Copper, Grade A (US$/tonne) Cash 3 months 4650.00 4651.00 4135.50 4130.00 Lead (US$/tonne) Cash 1575.50 3 months 1580.00 1463.50 1470.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
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      Lock icon LIFFE
      70 31 Oct29 COCOA (Btonne) Close Prev Hii ih/Low Dec 08 1345 1299 1384/1292 Mar 09 1356 1309 1392/1297 May 09 1366 1321 1397/1315 JulO9 1376 1331 1400/1330 COFFEE (US$/tonne) Close Pev High/Low Nov08 1587 1547 1614/1576 Jan 09 1642 1604 1688/1634 SUGAR (US tonne) White Close Prev High/Low Dec 08
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    • Article
      Lock icon BONDS & WARRANTS
      2996 31 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 6.5 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5 !105#AsiatravelW*****7 7
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      2561 32 Shipping Times flfl bPVJ KPI B-fjffffJJfflTßWtfffffjrfWtfßlffiß I WAN HAI INTERNATIONAL PTE LTD CRN0M**********/R BT S^i I ■■iMiffil^^^Bk^jljtMWJlgam V"TTT\ llfftll 11*1 iiupa TEL: *****588 (14 LINES) FAX: *****163 V V^^^TirT^^^S BBmI EhH «MKm!1«» V\M\ WAN HAI INrN Cuslomet Service/Bookings Dir«l Line (1800) *****200 M^^^ MV A l"!^*!* I I BiBBIM HBBBI8!
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      3796 33 ftk RICKMERS-LINIE to****** I \t~f\ EASTERN CAR LINER, LTD I[m Q®lfs& I Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 jb I I r.~r.~ llrT llnT —I USAService tt i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov "I SIN I ALT I
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      6341 34 I II- I A MnCDCgRTi Tel: 65-*****907 Fax: *****917 I .^^B B9 851 E9 H9 B9 S a iNUb.Ksb.iN ma ,i:„„.,„„. 05i0 .<„,„ I ns* ci nay NAVlfiATlflN rrmipl W^mmWM IfM KSB 118 /A shipping company/ 70Sh e ntonWay, #21-03 Marina House Singapore *****8 )KA ULUIII NHYIUftIIUN UlfUUr W^^^mI^KfSISWSIPSIKIMSKM MMI
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  • Page 35 Miscellaneous
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      384 35 Exhibition of nude drawings ARCHITECT Lim Cheng Kooi will be holding his first solo art exhibition of his nude drawings (including the work above), an art form he picked up four years back. Mr Lim had been passionate about the arts since he was a young boy winning his first
      384 words
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      219 36 Ilka ROOttOP Ot tRe WotCd Shaken, Stirred or Blended? Get it fabbricated From the Tibetan Plateau, we present a majestic piece of enormous nine-eyed Dzi. Collection J Known for its elegance and worth, a pair of Precious gems, *t7^»\o\O V~" ('"V>"» m tiger-tooth motif stripes around both ends ethnic jewellery,
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      279 36 CRYPTIC CROSSWORD I Saint Jude's initial hopes __^J__^J__^ fc^M,^_ dashed (6) I^H 4 Telescope taken from agent by good young woman (8) I 9 Rang up about an Indian WU WM WR city (6) _MH__MH__M^M^MB__^^B__MH__jßH__ 10 Views nose of One-eleven P^ B''' II Go in after fish and chips (9)
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      448 38 i I ill Ih"u > W* ~MwT" 111 _^T^__l ____*_F X We Build Relationships B&T Ml BR^SBfJ^^ _g H It *fg B't^B^w j<^~^ f?t H .^H <X. F^^^ 3D BANGKOK FREE EASY (GTBE) 3/4DSIEM REAP/ANGKOR WAT (BA/sr/gwaw) I Th^rT Enjoy 2N city stay arrival transfer 1 6/9/12 D WEST COAST
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  • executive lifestyle
    • Article
      Lock icon Songs of the times
      440 39 SOME studies examining social changes during uncertain times have found that people tend to prefer songs that are longer, slower and with more meaningful themes like Bridge Over Troubled Water. But the correlation wasn't always perfect, because Macarena was a hit in a relatively bad year.
      440 words
    • PURSUITS
      • Article, Illustration
        Lock icon Asian cuisine meets its match
        1226 35 WINE A gathering of food and wine enthusiasts in Penang had the happy 'task' of matching fine wines with Asian dishes. N K YONG reports WE were in Penang for a mini festival of the International Wine and Food Society branches in the Asia-Pacific zone.
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        Lock icon A human face put to weighty political issues
        673 35  -  CHEAH UI-HOON THEATRE By IS it politically correct to observe that actresses these days have broken the (skinny) mould where size is concerned? One can think of a number of recent cinematic hits featuring "horizontally challenged" actresses where weight is either no
        673 words
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        Lock icon A frighteningly good time to be had
        673 35  -  LEE KIM SIANG GAMING By IN space no one can hear you scream, goes the famous tagline from Ridley Scott's 1979 seminal sci-fi horror classic Alien. But Dead Space Electronic Arts' maiden entry into the survival horror genre, made famous by games such
        673 words
    • SUN FESTIVAL
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        Lock icon Perahia's Bach was the star of his concert
        556 36 But master pianist's programme here also covered several challenging works and ran through some contrasting styles, reports CHRISTOPHER LIM YOU know a master pianist is at work when you attend a programme that not only ambitiously packs several challenging works together, but
        556 words
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        Lock icon Sergio played, and S'pore danced
        568 36  -  ONG BOON KIAT By IT is rare when an Esplanade Concert Hall audience cuts loose its collective primness and gets up to dance on its feet. But dancing was what the full-house crowd did to the bossa nova and jazz-pop signatures belted out by Brazilian
        568 words
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        Lock icon A musical feast without any meat
        487 36  -  CHEWXIANG By FIRST the dessert a sorbet, probably in fluffy raspberry flavour then the main course. The Singapore Sun Festival, branded a celebration of the art of living well and which ended on Sunday, has a curious way of ordering its musical feasts. The
        487 words
    • CINEMA/MUSIC
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        Lock icon An uninspiring period drama
        664 37 Brideshead Revisited successfully captures 1920s England but fails to truly get under the skin of the main characters, says GEOFFREY EU 3RIDESHEAD Revisited, an ambitious and well-intentioned if rather uninspiring period drama depicting the intricacies and excesses surrounding one particular branch of the British ruling class
        664 words
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        Lock icon Disney formula doesn't work here
        561 37  -  GEOFFREY EU By TALKING animals, a headstrong young girl with large eyes, big dreams and a pitch-perfect singing voice, wicked people with bad intentions and, of course, songs that celebrate the human spirit it's a formula for animated movies that has worked dozens of times
        FILE PHOTO  -  561 words
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        Lock icon Making a disturbing affliction palatable
        514 37  -  GEOFFREY EU By IT'S only natural that Choke, a quirky comedy about sex addiction and abandonment, is littered with kinky sex scenes and dime-store philosophy, but underneath the throwaway lines, the playful humour and the satirical portraits of perverts in a sicko universe (otherwise known
        514 words
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        Lock icon Many ways of adding value to best-of compilations
        677 37  -  CHRISTOPHER LIM CD REVIEW Then And Now: The Definitive Herbie Hancock Herbie Hancock Verve Rating: B+ Tell Tale Signs: Rare And Unreleased, 1989-2006 Columbia Bob Dylan Rating: B Best Fiction Namie Amuro Avex Trax Rating: B+ The Best Bette Bette Midler Rhino
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    • COVER STORY
      • Article, Illustration
        Lock icon Content creators go globa
        1787 38 They're set to make it to Hollywood with graphic novel or hit big screen with animated film as they take S'pore brand to next level, reports CHRISTOPHER LIM NG Chin Han's role in the movie Batman: The Dark Knight may have been the most visible breaking
        FILE PHOTO  -  1,787 words
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