The Business Times, 7 November 2008

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Total Pages: 32
1 32 The Business Times
  • 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, November 7,2008
    20 words
  • 241 1 Reuters Ability to continue as going concern in doubt, says auditor [NEW YORK] Shares of Las Vegas Sands Corp fell 29 per cent yesterday after the casino operator's auditor said in a regulatory filing that there are doubts about the company's ability to continue as
    Reuters  -  241 words
  • 387 1 Reuters [FRANKFURT] The European Central Bank slashed interest rates by 50 basis points yesterday, hoping to breathe life into the eurozone economy as it faces its first recession. The widely expected cut took the ECB's benchmark rate to a two-year low of 3.25
    Reuters  -  387 words
  • MARKETS DIGEST
    • 44 1 lursi lam 1 COMP 895.95 -19.29 MKKEI 225 8,899.14 -622.10 1ANG SENG 13,790.04 -1050.12 ;et index 462.93 +5.57 JAKARTA COMP 1,307.90 -58.38 1ANILA COMP 1,941.62 -64.59 ;eoulcomp 1,092.22 -89.28 ;henzhenb 228.45 -4.24 IUMBAI IND 9,734.22 -385.79 11AM EST Cham )OW 8,955.84 -183.43 IASDAQ
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    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.725 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.00 CANADA 4.00 SWITZERLAND 2.52 INDIA 13.75 Source: I
      Bloomberg  -  30 words
    • 42 1 IS$ (S$ per US$) 1.484 (US$/S$ per 1.586 2.354 :URO (US$/S$/E) 1.287 1.909 Foreign currency per US$ S$ 'EN 97.90 66.00 3.540 2.385 m 7.750 5.222 !AHT 35.01 23.59 lUPIAH 11,025 7,429 lENMINBI 6.826 4.599 INDIAN RUPEE 47.70 32.14 1.476 0.995
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  • 747 1  -  YEN SREENIVASAN Q2 profit down 36% as fuel costs soar; now it faces slowdown threat [SINGAPORE] The world's most profitable airline chalked up one of its worst quarterly performances in five years as it was hobbled by soaring fuel costs. Worse still,
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  • Page 1 Miscellaneous
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  • TOP STORIES
    • 559 2 AP He offers Chief of Staff post to Rahm Emanuel; is also expected to quickly name members of economic team [WASHINGTON] President-elect Barack Obama barely had time to savour his victory before he began filling out his new administration and getting a sobering look
      AP  -  559 words
    • 721 2  -  VIKRAM KHANNA This could aggravate Japan's stock market woes, and recession [SINGAPORE] The Japanese yen could strengthen to as much as 80 to the US dollar and 100 to the Euro by next year, aggravating Japan's stock market woes, as
      721 words
    • 751 2  -  JANE MOIR FLASHPOINT: HK in Hong Kong HONG KONG is battening down the hatches as the financial crisis rages across the globe, with the city's open economy bracing itself for a hard landing as demand slows and trade wavers. Business is dropping off, deals
      E Singapore, HK Census and Statistic Department  -  751 words
    • THREE-MINUTE DIGEST
      • 68 2 SINGAPORE Airlines chalked up one of its worst quarterly performances in five years as it was hobbled by soaring fuel costs. Worse still, things will not get any easier as the industry plunges headlong into a demand squeeze. SlA's net profit for
        68 words
      • 59 2 THE European Central Bank slashed interest rates by 50 basis points yesterday, hoping to breathe life into the euro zone economy. The widely-expected cut took the ECB's benchmark rate to a two-year low of 3.25 per cent, reflecting the euro zone's sharply
        59 words
      • 59 2 THE Japanese yen could strengthen to as much as 80 to the US dollar and 100 to the euro by next year, aggravating Japan's stock market woes, as well as its recession, according to prominent Japanese economist, Eisuke Sakakibara, who
        59 words
      • 55 2 A TEMASEK Holdings investment Down Under has gone under a victim not just of the credit crunch but also dubious management. Childcare operator ABC Learning Centres said yesterday that it has gone into receivership and appointed voluntary administrators to help clear a mountain of
        55 words
      • 51 2 LAST month's equity market rout was good for at least one group operators of "dark pools" that facilitate big trades by institutional investors. They work by electronically connecting fund managers' order books, privately marrying large trades without moving the market. COMPANY NEWS, PAGE
        51 words
      • 65 2 DEBT-RIDDEN FerroChina was dealt another blow yesterday, with a Bloomberg report citing unnamed sources saying that foreign creditors were forming a plan to seize and sell the Chinese steelmaker's assets. The creditors reportedly hired London-based firm Clifford Chance LLP to help them recoup
        65 words
      • 66 2 THE next few quarters will be "critical" for Singapore as industrial economies and various sectors continue to suffer due to the global financial slowdown, said Senior Minister Goh Chok Tong last night. Mr Goh said next year's Budget would be "expansionary", to allow
        66 words
      • 53 2 THE love affair between US pension funds and hedge funds is cooling. The pension funds have relied on hedge funds for years to help meet long-term obligations, but recent heavy losses at the loosely regulated portfolios are causing them to think twice.
        53 words
    • 621 3  -  SIOW LI SEN Childcare operator ABC Learning Centres goes into receivership [SINGAPORE] A Temasek Holdings investment Down Under has gone under a victim not just of the credit crunch but also dubious management. Childcare operator ABC Learning Centres said yesterday that it has gone into
      AP  -  621 words
    • 611 3  -  ANTHONY ROWLEY It forecasts that global growth will fall to 3.75% in '08 from 5% last year GLOBAL economic activity is "slowing quickly" and advanced economies face overall contraction next year for the first time since World War 11, the International Monetary Fund (IMF)
      611 words
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  • COMPANY NEWS
    • 392 4  -  WINSTON CHAI SINGAPORE Telecommunications has netted a brace in soccer programming by winning the broadcast rights for the Italian Serie A on top of its earlier coup with the Champions League. The deal, announced yesterday with sports marketing company MP Silva, will allow Sing Tel
      392 words
    • 546 4  -  CHEW XIANG Funds struggling to meet redemptions turn to them to exit less liquid stocks LAST month's equity market rout was good for at least one group operators of "dark pools" that facilitate big trades by institutional investors. They work by electronically connecting
      546 words
    • 153 4 TUNG Lok Restaurants (2000) yesterday reported the group sank into the red for its fiscal first half ended September 30, 2008. The restaurant operator suffered a net loss of $2.51 million, compared with a net profit of $6,000 a year ago. Revenue slipped 4
      153 words
    • 413 4  -  YEN SREENIVASAN Revenue drops due to completion of several key Jurong Island projects MAINBOARD-LISTED Rotary Engineering's third-quar-ter profit fell 22 per cent to $9.7 million on the back of a 15 per cent slide in revenue to $118 million. As a result,
      413 words
    • COMPANY BRIEFS
      • 68 4 BROKING house Kirn Eng said Q3 2008 net profit feU 93 per cent to $2.23 million from a year ago, as group total income dropped 59.4 per cent to $60.6 million. The company said trading volumes in Asian stock markets plunged amid the global
        68 words
      • 76 4 RAFFLES Education said net profit more than doubled to $31.5 million for its first quarter ended September 2008, from $14.7 million a year ago, while revenue rose 36 per cent to $53.2 million. The rise in revenue was due to the overall increase
        76 words
      • 79 4 PROPERTY developer MCL Land yesterday reported that net profit for the three months ended Sept 30, 2008 rose to U5513.28 million from US$2.2l million a year ago. Revenue for the period also grew 210 per cent to U5578.07 million, from U5525.2 million a
        79 words
      • 77 4 PROPERTY group Chip Eng Seng Corp saw net profit for the third quarter ended Sept 30, 2008 fall 46 per cent to $11.37 million from a year ago. Revenue for the three months doubled to $110.5 million from $53.6 million, mainly due to
        77 words
    • 520 5  -  LYNETTE KHOO London law firm hired to help recoup USsl3om of bonds, USsl6om of loans DEBT-RIDDEN FerroChina was dealt another blow yesterday, with a Bloomberg report citing unnamed sources as saying that foreign creditors were forming a plan to seize and sell the
      520 words
    • 374 5  -  JAMIE LEE SOFA maker HTL International Holdings, which at the first-half stage reported a net loss of $4.59 million, managed to stay in the black for its third quarter despite the adverse business conditions worldwide. But the small net profit was unable
      374 words
    • 448 5  -  ARTHUR SIM Revenue up 159%, helped by Balestier condo's contribution SOILBUILD Group Holdings has more than trebled net profit to $15.35 million for the third quarter ended Sept 30, 2008-from $4.57 million for Q3 2007. Revenue for the quarter was $68.4 million, up
      448 words
    • 152 5  -  KALPANA RASHIWALA MACARTHURCOOK Investment Managers (Asia), which manages Singapore-listed MacarthurCook Industrial Reit (MI Reit), has named Nicholas McGrath its CEO. He was formerly CEO of Allco Commercial Reit. At MI Reit, he will replace Chris Calvert, who left the Reit in March to join
      152 words
    • 520 7  - Millennium Copthorne Q3 profit falls 31.3% to £19.1m KALPANA RASHIWALA RevPAR, hotel gross operating profit for both Q3 and first 9 months improve MILLENNIUM Copthorne Hotels (M&C), the Londonlisted hotel arm of Singapore's City Developments, has posted net earnings of £19.1 million (5545.1 million) for the three months ended Sept
      FILE PHOTO  -  520 words
    • 285 7 PROPERTY, food and hotel group Bonvests Holdings is proposing to take private and de-list Colex Holdings, in which it owns 77.36 per cent. The scheme will involve a transfer of all the remaining shares in Colex to Bonvests for a cash consideration of
      285 words
    • 301 7 Ml d tjldlll.e Three months ended September 2008 Nine months ended September 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S$m) (S$m) CURRENT PREVIOUS %CHNG CURRENT PREVIOUS %CHNG (S$m) (S$m) 1 NSL 25.77 13.77 87.1 100.34 84.38 18.9 57.76 54.46 6.1
      301 words
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 583 6  -  R SIVANITHY STOCKS Investors caught wrong-footed after index's recent rally; banks suffer big falls AS WE speculated would be the case in yesterday's column, investors on Wall Street sold on Wednesday after news of a Democratic victory in the US presidential election,
      Bloomberg  -  583 words
    • 89 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 112 0 0 0 3 112 lanufacturini 34 79 45 36 87 54 Commerce 11 25 15 15 29 18 'pt/Stor/Comms 21 10 21 13 :inance 31 31 Construction 10 11 'roperties 23 23 lotels/Rsts
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    • 115 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 28,125 28,125 84,211 84,211 lanufacturini 259,502 31,693 291,195 133,998 994 134,992 lommerce 59,409 7,109 66,518 48,058 1,087 49,145 'pt/Stor/Comms 164,525 561 165,086 239,365 123 239,488 :i nance 30,942 30,942 194,846 194,846 lonstruction 15,404 3,074 18,478 1,442 65 1,506 'roperties
      115 words
    • 106 6 lapitaLand 3.120 4-0.020 lapitaMal 2.180 4-0.100 Ii ty Dev 6.100 -0.400 Iosco Corp 0.835 4-0.015 IBS Grp 11.100 -0.280 :&N 2.860 -0.140 Sent Intl 0.395 iolden Agri 0.205 -0.005 IK Land 2.650 -0.100 IMH 21.240 -1.460 ISH 11.000 -0.300 lardineC&C 10.200 4-0.400 Ceppel Corp 4.850 -0.340
      106 words
    • Article, Illustration
      928 6  -  CONRAD TAN OCBC Bank Nov 6 close: $5.12 CIMB-GK Research, Nov 6 WITHIN expectations: Q3 2008 core net profit of $396 million was within our expectations ($4OO million) but fell short of consensus ($417 million). Core results were actually not bad. Pre-provision profit rallied to $654 million above
      Bloomberg  -  928 words
    • 513 6  -  LARRY WEE CURRENCIES POST-US election euphoria proved very short-lived overnight, shortcircuited by more reports of weak US data overnight that forced financial markets into reverse gear once again. In US trading on Wednesday, October's US readings for a key non-manufacturing ISM index reading and
      .euters  -  513 words
    • 4 6 DAILY
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    • 58 6 CLOSE BT OB/OS -134.00+28.00 BT CADI -*****.00-179.00 BT 10-day MA -*****.00 -13.00 FTSE ST Mid Cap 378.95 -11.33 FTSE ST Small Cap 307.53 -6.37 FTSE ST All Share 438.38 -11.94 FTSE ST China Top 176.17 -0.57 FTSE ST China 177.08 -1.06 UOB Catalist 80.61 -1.23 SIMSCI 220.96
      58 words
    • 60 6 VOLUME Golden Agri 68,714,000 Ezra 48,375,000 China Honqxinq 41,665,000 Cosco Corp 38,028,000 Sing Tel 37,848,000 AusGroup 31,361,000 Jade Tech 25,749,000 Capita Land 19,887,000 Noble Grp 19,455,000 Yanqzijianq 17,894,000 VALUE(S) Sing Tel 86,468,821 DBS Grp 69,521,584 Capita Land 59,883,630 Keppel Corp 57,488,488 S I A 51,196,925 UOB 42,352,640
      60 words
    • 102 6 CLOSE UP 470 59.3 9.3 Daip irm Jardine C&C 1020 40.0 4.1 OCBC Bk5.1%NCPS 100 8900 20.0 0.2 STI2350BNPePW*****0 116 16.0 16.0 STI2250 DBePW*****2 97 12.0 14.1 SIASGAePW*****1 50.5 10.5 26.3 lall 218 10.0 4.: Kej RBePW*****6 149 10.0 7.2 DBS RBePW/*****8 82 8.5 11.6 Ezra 79.5 8.5 12.0
      102 words
    • 116 6 CLOSE DOWN 7318-269.8 -2.4 GLD 10US JMH 2124-216.5 -6.4 China H 10US 862-120.1 -8.i DBS Bk6% NCPS 10 9480-110.0 -1.1 SIA 200 1124 -92.0 -7.6 S I A 1140 -88.0 -7.2 OCBCCai 5.1%NCPS 100 8380 -80.0 -0.9 Asia Pac Brew 1032 -68.0 -6.2 Omei |aNav 2280 -60.0 -2.6 UOB
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    • 84 6 iere« S$ stands Nov 6 CHNG CLOSE FRNOV5 YR2008 S$ LOW S$ HIGH USS 1.4831 -0.26 1.5155 1.3457 Euro 1.9156 -0.57 2.2064 1.8640 Pounds 2.3635 -0.79 2.8431 2.3088 AS 1.0044 1.68 1.3251 0.9068 Yen* 1.5151 -1.05 1.6645 1.2619 Rupiah* 0.***** -1.62 0.***** 0.***** Baht* 4.2362 -0.12 4.4299 4.0190 Peso*
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  • Page 7 Advertisements
    • 160 7 Footnotes: 1. New Accounts claim based on internal E*TRADE FINANCIAL Corp. metrics for average daily gross new E*TRADE Bank and E*TRADE Securities accounts between 10/1/07-9/30/08. Net new accounts were in excess of 150,000 over the same period. 2. For details of Smart Money award, please visit www.etrade.com.sg. 3. Financial figures
      160 words

  • SINGAPORE NEWS
    • 423 8  -  GENEVIEVE CUA British Chamber spokesman paints the big picture for Singapore THE long-term outlook for Singapore is "fabulous" but 2009 is likely to be a miserable year economically, said Roman Scott, economic spokesman for the British Chamber of Commerce. In a luncheon presentation
      423 words
    • 562 8  -  RONNIE LIM Sembcorp and Keppel not among the shortlisted THREE foreign groups a Hong Kong CLP-led consortium, Bahrain's Arcapita and Malaysia's YTL have apparently been shortlisted by Temasek Holdings to buy PowerSeraya, BT understands, as the second round of the two-stage sales
      562 words
    • 174 8  -  ARTHUR LEE THE iconic 16m Christmas tree at Takashimaya's atrium will be greener than usual this year. Instead of the usual fairy lights, it will be adorned with 120,000 LEDs a switch that will cut energy consumption about 90 per cent. In addition, solar panels placed
      ARTHUR LEE  -  174 words
    • 348 8  -  JAMIE LEE COMPANIES wanting to go green can now tap a $22 million fund to offset costs amid the tighter credit market. The National Environment Agency (NEA) launched a grant yesterday that would co-fund up to half of the cost of ener-gy-saving
      348 words
    • 368 8  -  UMA SHANKARI THE government will watch the property market closely before deciding whether further measures are needed to address the supply-demand imbalance that has emerged, National Development Minister Mah Bow Tan said yesterday. "There is a lot of uncertainty," he said. "It's best
      FILE PHOTO  -  368 words
    • 516 8  -  NISHA RAMCHANDANI EYE ON THE AS Christmas approaches, many retailers here expect little cheer. With consumer sentiment weak and tourists staying home, tills are unlikely to ring up Jingle Bells. "Top line sales are one thing. Even if retailers can make at least a
      516 words
    • 747 9  -  LEE U-WEN Spend on life's little pleasures if you can afford them as that will be good for the economy, he says THE next few quarters will be "critical" for Singapore as industrial economies and various sectors continue to suffer due to the
      FILE PHOTO  -  747 words
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  • Page 9 Advertisements
    • 225 9 sparkling Extravaganza ifcr Friday, 21 November 2008,7.30pm Silk Road of the Sea Restaurant Palawan Beach Walk, Sentosa, Singapore *****8 wr^l Dress Code: Smart Casual g^^ Beringer Sparkling Zinfandel Silk Road Sampling Platter I S (Shredded Chicken with Sesame in Spicy Sauce, I Sliced Pork in Garlic Sauce, Deep-Fried Baby Squid)
      225 words

  • ECONOMY WATCH
    • 1018 10  -  LEON HADAR Paradigm change, Clintonomics redux, or just muddling through? WALL Street may have suffered some sense of anxiety in the aftermath of Barack Obama's presidential victory with the Dow Jones falling more than 300 points. That nervousness seems to fit with the
      AP  -  1,018 words
    • 501 10 Reuters But it stays silent on forecasts for this year and next [GENEVA] The World Trade Organization (WTO) revised upwards its estimate of 2007 growth in world exports on Wednesday but kept silent in its latest trade survey about developments this year and gave
      Reuters  -  501 words
    • 534 10 Reuters [JAKARTA] Indonesia's central bank kept interest rates on hold yesterday, as expected, in an effort to shore up its currency, despite a dip in inflation in October and rate cuts by big central banks. Keeping a healthy 8.5 percent-age-point premium
      Reuters  -  534 words
    • 519 10 Bloomberg Country's relatively healthy financial system cited [TOKYO] Japan's recession will be shallower than the US and Europe because damage from the global credit crisis has been limited, the Cabinet Office's top economist said. "The depth of Japan's recession won't be as severe
      Bloomberg  -  519 words
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  • MALAYSIA/INDONESIA
    • 532 11  -  PAULINE NG Analyst sees severe drop in rental yields from 5-7% now A DELUGE of supply combined with a slump in demand could make 2009 "a year of reckoning" for Malaysia's luxury condominium sector, an analyst report warns. More than 5,000 high-end
      BLOOMBERG FILE PHOTO  -  532 words
    • 403 11 Bloomberg [JAKARTA] PT Bumi Resources, Asia's biggest exporter of coal used in power stations, fell to the lowest in a year yesterday on resumption of trade after a one-month halt in Jakarta as investors sold shares to meet margin calls. The
      Bloomberg  -  403 words
    • 479 11  -  S JAYASANKARAN 'Budget' company's move comes amid losses and after CEO's resignation TUNE Money, Malaysia's first online "budget" finance house, is downsizing amid losses and shareholder disagreement that led to the resignation of its chief executive last week. On Oct 31, Tune's CEO
      479 words
    • 598 11 Bloomberg Reuters, j Unclear if FTA with US possible under Obama, he says [KUALA LUMPUR] Malaysia's Finance Minister and soon-to-be prime minister Najib Razak backed the independence of the country's central bank in an interview late on Wednesday, saying it alone
      Bloomberg; Reuters, j; REUTERS  -  598 words
  • Page 11 Advertisements
    • 44 11 Raffles W Conversations i 2008 EDITION 52 interviews by Business Times journalists i The diverse experiences of some of the most Ha influential thinkers, corporate chiefs ;M and social activists of the age JPyl -^Tl^^^^^^^^ <~" Acollection from The Business Times l^^^r^^T^T^?n^^^^vl l^—^^ Availableatallleadingbookstores U^^^^
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  • GREATER CHINA
    • 407 12 Bloomberg Asia's fundamentals are far stronger, write Morgan Stanley analysts [WASHINGTON] China, Hong Kong and Taiwan are best placed among Asia's stock markets and economies to ride through the worst of the global downturn, Morgan Stanley said. Equity strategists at the brokerage
      Bloomberg  -  407 words
    • 186 12 Reuters [TAIPEI] Taiwan's Cabinet yesterday approved a plan to create nearly 200,000 jobs over the next four years as it seeks to cut the island's jobless rate to 3 per cent and help cushion the impact from a global economic downturn. Taiwan's
      – Reuters  -  186 words
    • 362 12 Reuters Bank says it will be technically ready for an IPO in H2 2009 [BEIJING] Agricultural Bank of China (Agßank) received a US$l9 billion capital injection from the government yesterday, formally launching the stateowned lender on a path to an eventual share
      Reuters  -  362 words
    • 377 12 Bernama [BEIJING] China's oil refiners suffered losses of more than 120 billion yuan (Ss26 billion) in the first nine months, says the China Petroleum and Chemical Industry Association (CPCIA). The world financial turmoil and economic downturn in the third quarter had
      Bernama  -  377 words
    • 757 12 Reuters [BEIJING] China is seeking to seize the initiative in talks on cutting the world's greenhouse gas pollution, pressing rich nations even as global financial turmoil and Barack Obama's victory recast climate change diplomacy. From today, Beijing is hosting a two-day conference to
      Reuters; AFP  -  757 words
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      992 words

  • INDIA
    • 439 13 Reuters, Bloomberg [NEW DELHI] India wiU sell some rice from government granaries in the local market, the farm minister said yesterday, continuing a gradual easing of controls on the grain trade with its food stocks set to swell after bumper harvests. They may also
      Reuters, Bloomberg; REUTERS  -  439 words
    • 387 13 Bloomberg Govt, central bank need to ensure there is adequate cash in system: State Bank chairman [MUMBAI] State Bank of India, which announced a cut in its lending rate yesterday, said that credit growth is unlikely to slow in the fiscal second
      – Bloomberg  -  387 words
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      3,325 words

  • WORLD
    • 459 14  -  CHUANG PECK MING It says bigger govt role needed for financial, economic stability FRANCE is leading Europeans to roll back deregulation and to tighten supervision of banks and financial groups at a meeting of industrial nations and emerging economies next week to fix the global financial
      459 words
    • 446 14 Bloomberg [NEW YORK] Time Warner Inc, the world's largest media company, said full-year profit will rise less than it previously forecast because of costs to cut jobs at the Time Inc magazine unit and "the challenging economic environment". Adjusted operating profit will increase 5 per
      Bloomberg  -  446 words
    • 321 14 Reuters [NEW YORK] Goldman Sachs Group Inc notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 per cent of the firm's global work force amid slumping markets, people familiar with the situation said on
      – Reuters; REUTERS  -  321 words
    • 446 14 Reuters LATEST US DATA Output sees biggest quarterly plunge since Q3 of 2001 [WASHINGTON] US business productivity growth slowed sharply during the third quarter in a sign that rising levels of unemployment were taking a toll on economic output. The Labor Department yesterday said productivity
      Reuters  -  446 words
    • 496 14 Bloomberg [NEW YORK] Jones Lang LaSalle Inc, the commercial property broker that has lost more than half its market value this year, is reorganising to help banks, insurers and local governments contend with the global credit crisis as the company's profit plunges.
      – Bloomberg  -  496 words
    • 648 15 -NYT The tall, handsome writer was encyclopaedically well informed [NEW YORK] Michael Crichton, who died on Tuesday at the age of 66, was like a character in a Michael Crichton novel. He was unusually tall (six feet seven inches), strikingly handsome and encyclopaedically well
      -NYT; PHOTOS: REUTERS  -  648 words
    • 318 15 -LATWP 3 works from his collection now on loan to LA museum [LOS ANGELES] Most people know the late Michael Crichton, who died of cancer on Tuesday, as the author of top-selling novels Jurassic Park and The Andromeda Strain. However, the Los Angeles
      -LATWP  -  318 words
    • 605 16 Reuters Recent heavy losses make them more selective over which funds they invest in [BOSTON] The love affair between US pension funds and hedge funds is cooling. After helping the hedge fund industry double their assets to US$l.7 trillion over the last
      – Reuters  -  605 words
    • 435 16 NYT, Reuters [NEW YORK] In a hushed salesroom at Christie's on Wednesday night, works by a wide range of artists, from Manet, Cezanne and Renoir to Rothko and de Kooning, failed to sell, and prices for things that did find buyers often went
      NYT, Reuters; PHOTOS: AP  -  435 words
    • 491 16 -NYT [NEW YORK] The first clues are emerging that Wall Street pay will plummet this year but perhaps not enough to satisfy the financial industry's critics. Bonuses, which soared to record heights in recent years, could drop by 20 per cent
      -NYT  -  491 words
    • 381 16 Bloomoerg He will get no severance or bonus, but will continue as board chairman [NEW YORK] Lehman Brothers Holdings chief executive officer Richard Fuld, who received U5534.4 million in pay last year, will be "terminated" by the bankrupt company without any bonus,
      – Bloomoerg  -  381 words
    • 555 16 Reuters, Bloomberg Final payout of USs7oob rescue to be halted otherwise [WASHINGTON] An influential Democratic lawmaker on Wednesday warned that if banks receiving government money under an industry bailout plan fail to pump it into the US economy through loans, Congress could halt
      – Reuters, Bloomberg  -  555 words
    • 439 16 AP, Reuters [NEW YORK] Wells Fargo said on Wednesday that it will sell US$lO billion worth of common stock in a public offering expected to price after the market closed yesterday. The San Franciscobased bank has said that it plans to
      AP, Reuters  -  439 words
  • Page 14 Advertisements
    • 110 14 tanlal -rum »«> |n^ani THE HEARTBEAT OF THE INDIAN COMMUNITY V^jjMl Vgtjjjffl BIGGEST HITS P|||||gl OF THE 90S lzDO/.f31l I ■r-— 3XXEU fc W /0 MB■ V in transaction I till now! I value of I ih^ Pontnn Coir llwfHfflwiiWJßiHMfJ bdlllllll dli |^^^^^^JJ^^^^H w^ #"W> BUC I 1-lWlfltilfiP—l OMLY on
      110 words

  • Page 15 Advertisements
    • 3088 15 w WATS JL^I V^>/ JL jL^^^J JL, l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg INTHEMAnEROF /f THE COMPANIES AC, CAP. 50 in the matter of CHINA SUN 810-CHEM TECHNOLOGY GROUP COMPANY LTD. DEMAG DELAVAL INDUSTRIAL (Incorporated in the Cayman Islands on 11 June 2004 with registration number CT-*****9) TURBOMACHINERYPTELTD
      3,088 words


  • US ELECTION & AFTER
    • 662 17 AFP Some also see him pressing for new stimulus plan in lame-duck Congress [WASHINGTON] With the US economy mired in its worst crisis in decades, president-elect Barack Obama is likely to chart a new direction away from the unbridled capitalism of recent
      AFP  -  662 words
    • 449 17 -AP [OBAMA, Japan] "La, la-la-la-la O-ba-ma! Obama is beautiful world! Obama is No 1!" It was getting late for a Wednesday in the normally sleepy town of Obama, Japan, but the party was still going. Barack Obama had been elected US president, and
      -AP; AP  -  449 words
    • 389 17 AP [CHICAGO] Barack Obama began his first full day as US president-elect with the simple pleasure of having breakfast with his daughters, the type of everyday family activity he often had to sacrifice during the long campaign. Afterwards, Mr Obama left
      AP  -  389 words
    • 585 17 AP Losses leave party in tatters, search for new leader, identity [WASHINGTON] So much for a lasting Republican majority. The Republican Party is essentially in tatters, and not that long after President George Bush's 2000 election spurred talk of enduring Republican dominance.
      AP  -  585 words
    • 248 17 Reuters [WASHINGTON] It was a good day to be in the newspaper business. The historic Nov 5 editions proclaiming Barack Obama's White House victory flew off the newsstands. Those who didn't rise early enough or who lacked the foresight to keep up their subscriptions to the print
      Reuters  -  248 words
  • Page 17 Advertisements

  • EDITORIAL & OPINION
    • 482 18 THE day after the US presidential elections, Wall Street suffered its biggest post-election day fall ever, with the Dow Jones Industrial Average plunging 486 points. It was an indication of the massive economic challenges that President-elect Barack Obama will need to address as
      482 words
    • 3316 18 Despite depressing market sentiment, investment veterans' advice is: Get back in selectively OVERVIEW FORTUNE is said to favour the brave, but is it bold or foolhardy to venture back yet into bombed-out equity and other financial markets? A panel of investment veterans
      AFP  -  3,316 words
    • 771 18  -  FRANK CHING THE BOTTOM LINE AS much of the world continues to move towards a recession that many fear will be deep and prolonged, eyes are increasingly turning to rising China in the hope that it can, somehow, help the rest of
      771 words
    • LETTERS TO THE EDITOR
      • 278 19  -  him Yum Chien WE thank Ec Teck Siew for his letter "Government should leave land prices to market forces" and Adrian Ho for his letter "Government should not help developers" (BT, Nov 4, 2008). Both writers referred to the Oct 31, 2008 announcement by
        278 words
      • 215 19  -  Richard WE refer to China Energy Ltd's letter, "Use of IPO proceeds was not improper" (BT, Oct 31). The Singapore Exchange (SGX) would like to clarify the statement made by China Energy Ltd that "the SGX did not penalise China Energy simply because there was no reason
        215 words


  • SHIPPING/AVIATION
    • 479 20  -  YEN SREENIVASAN Opening up sector will cushion region against coming global recession: minister SOUTH-EAST Asian countries must liberalise their transport regimes to cushion themselves against the coming global recession, Singapore's Transport Minister Raymond Lim said yesterday at the 14th Asean Transport Ministers' Meeting (ATM) in
      479 words
    • 714 20 'Whitetails' a new headache for planemakers Bloomberg [SINGAPORE] Airbus SAS and Boeing Co may end up with as many as 200 new planes without buyers next year because airlines are unable to obtain funds to pay for them amid a global credit squeeze, industry consultant Ascend said. "There's a funding
      Bloomberg; FILE PHOTO  -  714 words
    • 410 20 Reuters [GENEVA] This year's sharp fall in sea freight costs is a mixed blessing for developing countries, making it cheaper to ship their exports but signalling waning demand for their goods, a United Nations agency said on Tuesday. And the fall in demand
      Reuters  -  410 words
    • TRANSPORT STOCKS
      • 101 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.29 0.21 0.84 0.35 0.80 0.51 0.04 0.80 0.55
        101 words
      • 31 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.57 8.45 8.50 2.40 2.57 0.08 -0.01 unch unch -0.11 unch 0.01 42 10 262 560 21 56
        31 words
      • 12 20 '00 'recious Ship Regional Cont .11.30 ...7.25 1.35 171* 1.00 1008!
        12 words
      • 11 20 '000 Doil iingamas Cont 15.20 0.67 -0.24 -0.01 112" 151
        11 words
      • 22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.70 14.25 unch unch unch -1.00 unch unch 55i 77! i i
        22 words
      • 15 20 Evergreen Marine ...17.00 :irst Steamship 29.60 /Van Hai Lines 14.60 0.30 -1.80 -0.90 1
        15 words
      • 40 20 '000 (awasaki Hvy Ind ..185.00 -15.00 ***** (awasaki Kisen 378.00 -57.00 ***** Mitsubishi Hvy 370.00 -18.00 ***** Mitsui Eng&Sbldg...142.00 -18.00 ***** Mitsui Osk Lines 496.00 -39.00 ***** Mippon Express 390.00 -24.00 3693 MipponYusen 480.00 -35.00 ***** source: Thomson Reuters
        40 words
    • 321 20 AFP [SINGAPORE] Singapore Airlines (SIA) said yesterday it was in talks with US aircraft giant Boeing about possible delays in the delivery of its new 787 Dreamliner plane. "We are in touch with Boeing and talking to them about the consequences
      AFP  -  321 words
    • 337 20 Bloomberg [LONDON] Traders of shipping derivatives linked to the cost of shipping coal and ore paid US$39B million into a pool to guarantee contract settlements after a record collapse in freight rates, according to Freight Investor Services Ltd. The London-based brokerage, which worked with Norway's
      – Bloomberg  -  337 words
    • 2523 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI 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
      2,523 words

  • SINGAPORE STOCKS
    • 8768 21 Transaction date: Nov 6 Hi! Low Code Com| >an] Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E j3 13 3 3148 8Telecom 19 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 20.5 6 1938 AEI Corp 16 1.5 1100 AEM 33.5 7 2101 APOil 141
      8,768 words
    • 1900 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      1,900 words
    • 55 22 Hii Low Code Comi Sale ■000) Hii Low Bu< Seller C'vr P/E $mil ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 387 158 6009 STI ETF US***** US6200 US1000 US***** US***** 185 -8 250 216
      55 words
    • 79 22 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Coml >an< Hi112 45 6000 AVJennings 20.5 4 6134 Over&Gen 41.5 6 6017 StarCruises 283 115 6019 TanChonglnt 649 5 68 US9 5 HK125 -0.5
      79 words
    • 8451 22 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.486/ AIGIF S'pore Bond Fund/^- 1.259/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.61/ APS Alpha Fund (USD)!** 0.41/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6183/ APS Komaba Global
      8,451 words
  • Page 21 Advertisements
    • 22 21 J-f| In Association With V-'/#5^O^^Xft 1 S AJDEMARSPIGUET CwfSw I Le maitre de I'horlogerie depuis 1875 miimun, y^V^^' *J+ www.audemarspiguet.com JSJ^*^ W *■<.'■-'
      22 words


  • FINANCE & COMMODITIES
    • 366 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov5 World Index Preliminan 743.3 -1.0 -34.3 -0.7 -35.5 -0.8 -37.1 EAFE Preliminai 717.0 0.3 -36.0 0.9 -39.4 0.7 -40.9 Euroi Preliminan 991.7 -2.1 -35.7
      366 words
    • 130 23 A s 9am n ov6 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 0.9970 1.0390 .an dollar 1.2630 1.2780 luro 1.9050 1.9270 IZ dollar 0.8790 0.8980 iterlini ind 2.3390 2.3660 JS dollar 1.4760 1.4930 .ocal dollars to 100 units if foreign
      130 words
    • 171 23 Nov6 fer Overnight 1/8 1-month 15/16 2-months 1 1/16 3-months 1 1/8 Overnight mode: 1/16 US$ Offer 1/16 11/16 13/16 7/8 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 1.20 2.20 3.20 3.25 3.30 3.40 3.40 Offer 0.70 1.70 2.70
      171 words
    • 22 23 Nove ten >TI ilMSCI Nov 216.4 219 218.6 'aiwan Nov 181.6 181.6 174.9 Source: MF Global (S) He. Ltd
      22 words
    • 24 23 Nov 6 I Bid Offer 1-month 1.4809 1.4842 2 months 1.4787 1.4822 3 months 1.4763 1.4798 6-months 1.4694 1.4729 Source: OCBC
      24 words
    • 62 23 Novel ICE PALM FUTURES (RM/MT) lelivery Opening Sett Av lonth Range Price Price Hi Vol Open Done Position Low \Jov08 1647 3ecO8 1574 Ian 09 1575 :eb09 1571 FotaI o/p: ***** contracts 1644 1650 1620 1600 1609 1550 1599 1607 1548 1600 1605 1549 Turnover: 8881 lots Market
      62 words
    • 305 23 Nov 6 URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 97.9950 98.0900 97.9800 97.8200 6734 9072 4522 3230 EUROYEN TIBOR FUTURES DecO8 99.260 99.260 VlarO9 99.350 99.360 unO9 99.370 99.380 >epO9 99.355 99.355 DecO9 99.305 99.305 VlariO 99.250 99.250 un10 >ep10 99.255 99.350 99.365 99.355 99.300 99.250 99.260 99.345
      305 words
    • 194 23 Novs RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 lots) Dec 08 178.7 Jan 09 180.0 Feb 09 175.0 Mar 09 Apr 09 183.0 May 09 183.0 178.7 179.0 175.0 183.0 181.0 178.7 179.0 179.0 179.0 184.0 184.0 26 22
      194 words
    • 89 23 n ov6 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****N 05.02.09 1-Year BY*****V 02.11.09 0.68 0.91 1.05 0.90 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High 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
      89 words
    • 104 23 Nov 5 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov 08 894.75 949.50 949.00 896.00 Jan 09 904.00 959.00 958.00 903.00 Mar09 916.00 971.00 970.00 914.00 May 09 927.75 982.75 980.00 927.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 34.02 35.97 36.25 34.00
      104 words
    • 74 23 CRUDE OIL PRODUCTS novs CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 62.18 -2.08 WTI.earMth) 65.18 -4.90 Dubai (1-Mth F) 61.62 3.58 Tapis blend 67.00 3.80 Minas 64.75 2.90 PRODUCT US$/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 34.70 86.50 8.95 4.70 US$/barrel Opec Oil Basket Price 57.77
      74 words
    • 450 23 Nov 6 iuro 'en (on 'eso lam 'ouni Australia 0.794 4.624 0.527 5.250 32.314 74.689 0.663 9.005 2.398 1.136 54.873 32.863 1.005 6.656 0.791 22.225 23.714 0.427 0.677 Canada 1.259 5.824 0.663 6.613 40.698 94.066 0.835 11.341 3.020 1.430 69.110 41.389 1.266 8.383 0.996 27.991 29.866 0.538
      450 words
    • 77 23 Nov6 (US$) (S$) 1.***** 0.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.*****
      77 words
    • 158 23 Nov 6 Against SS Currencies Bid Offer Against USS Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.0040 1.0068 0.6772 0.6777 Canadian dollar 1.2647 1.2678 0.8530 0.8534 Euro 1.9071 1.9115 1.2863 1.2867 NZ dollar 0.8839 0.8866 0.5962 0.5968 Sterlini ind 2.3513 2.3565 1.5859 1.586:
      158 words
    • 133 23 novs (USS/oz) Nov06 NovOS Hong Kong London 742.20 758.60 743.20 759.60 NovOS Nov04 749.80 760.00 751.80 762.00 Source: Thomson Reuters CAST BAR (Sj) Nov06 Buying Sellim Kilobar "38,235.38" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™ 85.6
      133 words
    • 69 23 Nov 5 iiuiii, yy.i (US$/tonn e) Close Previous Cash 2036.00 2054.50 3 months 2091.00 2109.00 Copper, Grade A (US$/tonne) Cash 3 months 4066.50 4070.00 4303.00 4301.00 Lead (US$/tonne) Cash 1506.00 3 months 1511.00 1534.80 1540.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 69 23 novs COCOA (Btonne) Close Prev Hii ih/Low Dec 08 1265 1297 1319/1259 Mar 09 1280 1308 1334/1273 May 09 1291 1319 1343/1286 JulO9 1302 1329 1348/1297 COFFEE (US$/tonne) Close Pev High/Low Nov08 1775 1752 1798/1703 Jan 09 1800 1777 1840/1712 SUGAR (US tonne) White Close Prev High/Low Dec 08
      69 words
    • 2807 23 BONDS WARRANTS Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 6.5 1481 Asia Water Tech W*****0 18.5 5816 #Asiasons Capital W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5 !105#AsiatravelW*****7 7
      2,807 words

  • Page 24 Advertisements
    • 2548 24 m The Business Times B WWWi __r^^ BICTJ^jffffIWcTB'TOff.BBH.I f WAN HAI INTERNATIONAL PTE LTD (R NO: U6W;oooo R M I*l JE ___M„fiß___M______--M^ %rrr_\ ■■>■ ■■_■■•-> TE1_*****588 (14 LINES) FAX: *****163 \\\f ■_^r_-rir_Jo^r_-_i IgKragßfa \\\_l L IAI AN HAI INpX Custoinei Seivke/Bookings Diieil line (1800) *****200 A A~| ___> I I
      2,548 words

  • Page 25 Advertisements
    • 3557 25 RICKMERS-LINIE »-*H>^hi^i^ linn EASTERN CAR LINER, LTD Ig§ QGSlf^^ uSe!" 0"'6'""7"16"7506 COnVen"Ong' SerV!iS;- WebS"e: ~rit—^- ff-5J SPEC.AL.ZE IN RORO HEAVY LIFT UPTO 450 T^ WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I
      3,557 words

  • Page 26 Advertisements
    • 6291 26 H Rl H 19 Hi Iligg andersen H:"-*ra,&sj: i Fiji glory navigation criiiipl WS&Wmi^M !"<■■ USU shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 ■lM IM.UIII IIHVIIUtI lUH UMJIIr W&ySrsM !fiP RfIJH WM WM BH north west express line *&&4&-t#u^?j«*^«i MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES
      6,291 words

  • ARTS/GAMING
    • 629 27 Hema Upadhay's show merges the personal with the public, says MADHVI SUBRAHMANIAN EXPERTS believe that we find ourselves in the current global financial turmoil because as citizens of the world, we have lived beyond our means, consuming the world's resources greedily. The financial turmoil
      HEMA UPADHYAY/Singapore Tyler Print Institute 2008  -  629 words
    • 515 27  -  AMANDA DE GUZMAN By BILLED as the Sesame Street for adults, Avenue Q is a raucous musical ride through the trials and tribulations that face a cast of puppets and humans trying to find their way in the big city. All the archetypes
      515 words
    • 581 27  -  CHRISTOPHER LIM IN an alternative universe, America got stuck in a cultural time-warp in the 50s until a nuclear war with China wiped the slate semiclean. That's the backdrop for Fallout 3, which challenges Fable II for the crown for best
      581 words
  • Page 27 Miscellaneous
    • 358 27 Ancient art forms of Kerala TRADITIONAL Art Forms of Kerala features the Kutiyattam and Nangiar Koothu performances of Margi Sathi, the most renowned practitioner of Jjffjj^ these ancient forms of theatre. One of three Indian art forms recognised lEsjj^K by Unesco as an "intangible treasure of mankind", Kutiyattam, a ®S-pfiL
      358 words
    • 402 27 CRYPTIC CROSSWORD ACROSS 1 Extremely impressive article 1 I fs p Hi p li 6 Bathing beach where one has j nothing besides hat! (4) 9 I I liv f I i 9 Cleaner in Irish house close to —^^J Kilkenny (5) I 10 Sweet kid unfortunately B^2~^| B"^3~~^l catching
      402 words

  • WINE/EPICURE
    • 1037 28 All sorts of factors can lead to variations between bottles from the same case, says N K YONG THE late Andre Simon, founder of the International Wine Food Society in England, very wisely said: "There are no great wines, only great bottles."
      1,037 words
    • 407 28  -  AUDREY PHOON By IF it were left to veterinarian Jean Paul Ly and chef Edwin Lav, a dog's dinner would be something to be relished. The duo have collaborated with culinary events company Dish! to organise a cooking class to be held
      407 words
    • 711 28  -  CHRISTOPHER LIM IF you love lychee martinis, you'll love Archipelago's lychee beer. The problem is that your only chance to try it was at the inaugural Singapore Beer Festival in the first week of October. Archipelago brewmaster Fal Allen was there showing off just
      711 words
  • Page 28 Advertisements
    • 116 28 Clearwater Sanctuary Golf Resort Malaysia Land-Sea-Hill Golf Package Accomodation American Breakfast +18 holes golf at 3 different golf courses 2 pax sinssonett 4D 3N Accomodation 1 Night at Clearwater 1 Night at Damai Laut 1 Night at Cameron Highland Drive Free Package 1 pax sin2Bonett 3D 2N Accomodation Transportation 18
      116 words

  • Page 29 Advertisements
    • 584 29 ifili K| I 4i\ Bja.jal»k aiIAA' rk^^/v n minim, m Charge your overseas purchases to your DBS Platinum Credit Card from M IHi a /^^/^HpWSI 3D BangkOK fsl99 Charge a minimum Of now tHI 31 Dec 08 and Sand to win the Best Seats In Townl I!| h%2^>^^3M^i HWI Free
      584 words

  • Page 30 Advertisements
    • 73 30 6L i^LwJLff c&dA^jmt tKMSnJt &£r A Tpt if&w. (jDutci cm&&s sfj- _^B_t_Wt_Wt_\ J____^Sr o^^*___ 360$ ktdt^a^m,^imo^id&tA mrv&li&L iL. m______\ __P^____fl Er^l^ _ft_ tDDD I_!3t sblB nOID j Visa makes it easy for Visa Signature cardholders to enjoy the ultimate flying adventure and many other unique experiences at home and abroad.
      73 words

  • Page 31 Advertisements
    • 241 31 ft 111 f "■■■'■■"-V,\, t A'°^s±^~ 1I Ml Autumn auctions 2008 Hong Kong Fine Chinese Ceramics and Works of Art Fine Jewellery and Jadeite Catalogue Subscriptions Fine Chinese Paintings, 20th Century and Edmond Chan To order catalogues by post or arrange Contemporary Asian Art +852 3607 0007 annual subscriptions: Fine
      241 words

  • executive lifestyle
    • 58 32 Restaurateurs are battening down the culinary hatches as they prepare for more difficult times ahead. Full report, Page 31 Truffle test: At $12,000 a kilo, white truffle consumption is usually a good indicator of the economic mood, and restaurant owners here say they are bringing in less than
      58 words
    • BOOKS
      • Buffett and milkshakes
        • 653 29 The Snowball: Warren Buffett and the Business of Life Alice Schroeder Bloomsbury 838 pages $43.95 before GST B MISER, generous philanthropist, ruthless businessman, moral investor. Whatever incarnation of Warren Buffett you're familiar with, Alice Shroeder's promises to be a rare conduit into the life
          653 words
        • 414 29 The Milkshake Moment Stephen Little 183 pages John Wiley Sons $32.95 before GST C STEPHEN Little's latest book starts with an interesting premise, and certainly its idiosyncratic title deserves a second take. And it is this title, and the entertaining anecdote behind it,
          414 words
        • 379 29 The Levity Effect Adrian Gostick and Scott Christopher John Wiley Sons $37.95 before GST 229 pages C A BOOK exhorting bosses to redirect critical resources towards creating a fun factor in the office may seem wildly indulgent in the dismal economic climate. But while a
          379 words
        • 388 29 Bulletproof Your Job Stephen Viscusi HarperCollins 166 pages $32 excluding GST B AS job cut announcements make regular appearances in news headlines, Bulletproof Your Job may very well be a godsend for those fearful of becoming another unfortunate statistic. Stephen Viscusi certainly frames this endeavour
          388 words
        • 216 29 Squawk Travis Bradberry 125 pages HarperCollins $27 excluding GST B- SQUAWK is set up with a fable that features a menagerie of animals seagulls, turtles, pigeons, dolphins, otters, border collies. While Travis Bradberry's whimsical approach to a management book is anaemic in terms of real
          216 words
    • CINEMA/MUSIC
      • 649 30 Quantum of Solace may be action packed but it is soulless, says GEOFFREY EU IN Quantum of Solace, the 22nd instalment in the lucrative, long-run-ning movie franchise featuring the indestructible British secret service agent created 55 years ago by author lan Fleming,
        649 words
      • 688 30  -  CHRISTOPHER LIM Chaos In Motion 2007-2008 Dream Theater Roadrunner B+ Black Ice ACDC Sony/BMG B+ No Bull ACDC Sony/BMG B+ IT isn't easy to get consumers to fork out money for music CDs and DVDs these days, especially with the economic doldrums.
        688 words
    • COVER STORY
      • 2117 31 GEOFFREY EU finds out how the current economic conditions are affecting restaurants and what their owners are doing to prepare for any difficulties ahead HAT with an ailm ing global economy, volatile stock markets, falling property prices and rising unemployment, people have a lot more
        FILE PHOTOS  -  2,117 words
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