The Business Times, 5 December 2008
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2008-12-05
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The Business Times
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Title Section18 2008-12-05 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Friday, December 5,200818 words
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530 2008-12-05 1 Bloomberg, Reuters, AP [BRUSSELS] The European Central Bank delivered the biggest interest-rate cut in its 10-year history after the economic slump deepened and the inflation rate plunged. ECB policy makers meeting in Brussels lowered the benchmark lending rate by 75 basis points to 2.5Bloomberg, Reuters, AP - 530 words
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MARKETS DIGEST
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Article27 2008-12-05 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.00 INDONESIA 16.575 Taiwan 6.316 KOREA 933 BRITAIN 3.00 CANADA 4.00 SWITZERLAND 2.27 ND!A 13 00 Source: IBloomberg - 27 words
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Article46 2008-12-05 1 lursi iam 1 COMP 846.86 -0.67 IIKKEI 225 7,924.24 -79.86 1ANG SENG 13,509.78 -78.88 ;et index 392.87 -0.05 JAKARTA COMP 1,205.32 +12.80 1ANILA COMP 1,890.89 -14.39 ;eoulcomp 1,006.54 -16.13 ;henzhenb 275.76 +0.90 IUMBAI IND 9,229.75 +482.32 11AM EST Chant )OW 8,572.18 -19.51 IASDAQ 1,490.97 -1.4146 words
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Article42 2008-12-05 1 IS$ (S$ per US$) 1.528 (US$/S$ per 1.468 2.243 :uro (USS/SS/E) 1.265 1.934 Foreign currency per US$ S$ 'EN 92.80 60.70 3.641 2.382 IK$ 7.752 5.073 !AHT 35.70 23.36 lUPIAH 11,925 7,804 1ENMINBI 6.884 4.505 INDIAN RUPEE 49.80 32.59 1.558 1.02042 words
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756 2008-12-05 1 KALPANA RASHIWALA - KALPANA RASHIWALA Companies trying to sub-let excess space as they streamline operations By ty over the next few quarters, but it is impossible to pinpoint exactly how much space will be released," he added. HL Bank, Citibank and DBS are among the tenants known756 words
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Advertisement58 2008-12-05 1 1/ v. i-'.v-;..«.*■'*• clmF'' '-?"Jfc Z%i.i. .;m. The Business TIMES" s:fsi^^-^^rl#%' -I v®fe^fel^^K:; ftp :vif ralifiniiiii the cltixxicx /^£%o^&SL* weekend THE BUSINESS TIMES j^jm ijjl^ I always tell Japanese officials iff 11 meet t0 '°°k Singapore so that you can learn ■,'l how to organise bio-clusters Yasuchika Hasegawa, j mF58 words
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Page 1 Miscellaneous
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Miscellaneous57 2008-12-05 1 CHEAPER EXEC LIFESTYLE l|Al||n CRISIS FALLOUT ART OF WAR I POWER More bells whistles jp| Fear of corporate Zap for Sun Tzu's strategies! §E§QM Ql prices to fall for high-end property *l *ls*% failures grips UK Win an Epson wireless by up to 25% page 9 page 28 U^^^tf^^ page57 words
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TOP STORIES
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624 2008-12-05 2 KALPANA RASHIWALA - KALPANA RASHIWALA Analysts hope for measures to boost buying, such as stamp duty rebates By [SINGAPORE] The government yesterday kept the lid on the supply of state land for development. All eyes in the market now are on what measures624 words
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426 2008-12-05 2 SIOW LI SEN - SIOW LI SEN Bank removes ad references to controversial outfit By [SINGAPORE] DBS Bank has removed all references to Focus On The Family (FOTF) in its advertising, after its credit card promotion supporting the evangelical Christian organisation provoked some angry reactions. Since the426 words
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Article, Illustration563 2008-12-05 2 JANE MOIR - JANE MOIR Miss Sixty goes into administration; Moss Bros sounds earnings warning By in London CORPORATE failures in Britain are expected to surge by 50 per cent in 2009 and hit record highs in 2010 as companies struggle to stay afloat amid the financialI REUTERS - 563 words
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THREE-MINUTE DIGEST
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59 2008-12-05 2 AS banks and other organisations look at scaling back their operations, some are trying to sub-let office space that they no longer need. Some 200,000 sq ft of such space which some call shadow space may already be on the market, although part of59 words
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76 2008-12-05 2 THE European Central Bank delivered the biggest interest-rate cut in its 10-year history yesterday, lowering the benchmark lending rate by 75 basis points to 2.5 per cent. Other central banks took even more aggressive moves, with the Swedish central bank cutting by a76 words
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70 2008-12-05 2 THE government yesterday kept the lid on the supply of state land for development. All eyes in the market now are on what measures the state will come up with to stimulate property demand. For first-half 2009, the Ministry of70 words
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77 2008-12-05 2 SINGAPORE Press Holdings has slowed hiring and frozen pay for all senior management staff in a bid to control costs, chairman Tony Tan said yesterday at the company's annual general meeting. But Dr Tan said "despite the economic downturn, we will continue to77 words
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64 2008-12-05 2 OLAM International plans to repurchase up to US$l5O million of its convertible bonds after prices more than halved since July. Investors reacted positively to the news, pushing Olam shares up 9.5 cents or 10.8 per cent to close at 97.5 cents yesterday.64 words
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64 2008-12-05 2 A MAJOR shareholder of Straits Asia Resources (SAR) is making a strategic review of its 47 per cent stake in the listed company. SAR said yesterday that it was informed by Straits Resources Ltd that the move was prompted by unsolicited approaches64 words
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71 2008-12-05 2 THE recession in developed economies has hit Malaysia. The country's exports fell 14.2 per cent in October, marking the start of a trend that economists expect to continue into 2009. The sharp month-on-month drop in October exports to RM53.5 billion was due71 words
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Article, Illustration464 2008-12-05 4 CHEW XIANG - CHEW XIANG But company will help staff keep jobs amid downturn, says chairman By [SINGAPORE] Singapore Press Holdings (SPH), the media giant which also owns this newspaper, has slowed hiring and frozen pay for all senior management staff in a bid to controlSHAHRIYA YAHAYA/ THE STRAITS TIMES - 464 words
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Article, Illustration307 2008-12-05 4 NISHA RAMCHANDANI - NISHA RAMCHANDANI By [SINGAPORE] Children of aU ages came together last night to do their part for charity with a musical extravaganza. For the first time, Child Aid featured two international talents 12-year-old Hong Kong pianist Aristo Sham and 10-year-old Tiger Onitsuka fromPHOTOS BY YEN MENG JIIN - 307 words
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Article779 2008-12-05 4 CONRAD TAN - CONRAD TAN More than two-thirds will be in investment banking By [SINGAPORE] Credit Suisse will slash 5,300 jobs or 11 per cent of its global work force by the middle of next year, the bank said yesterday as it warned of the worst quarterly performance779 words
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Advertisement147 2008-12-05 3 ■B^, B_a» M mW* 1 \V r^ Vk, -H _-_L -_r ,^fl I -V i ___r -_^-s* NEC's advanced communications solutions put you in charge when it matters most. Finally, a communications solution capable of providing up-to-date patient information whenever and wherever it is needed. NEC's Unified Communications provide a147 words
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Advertisement1667 2008-12-05 4 Notice to the Holders of: Minibond Series 1 S$ Credit-Linked Notes due 2011 and US$ Credit-Linked Notes due 2011 ("Minibond Series 1") (ii) Minibond Series 2 S$ Credit-linked Notes due 2012 and US$ Credit-Linked Notes due 2012 ("Minibond Series 2") (iii) Minibond Series 3 S$ Credit-Linked Notes due 2012, US$1,667 words
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COMPANY NEWS
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Article, Illustration459 2008-12-05 5 EMILYN YAP - EMILYN YAP Shares rise 10.8% to 97.5 cents as investors react positively By AGRICULTURE supply chain manager Olam International plans to repurchase up to US$l5O million of its convertible bonds after prices more than halved since July. Investors reacted positively to459 words
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536 2008-12-05 5 Bloomberg [SINGAPORE] Thai Beverage PCL, Thailand's biggest brewer and whisky maker, revived a plan to list on the country's stock exchange through the sale of 80 million shares by its chairman. The 4.69 baht-a-share offering by Charoen Sirivadhanabhakdi, Thailand's richest man, will– Bloomberg - 536 words
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423 2008-12-05 5 CHEW XIANG - CHEW XIANG Byl THE Singapore Exchange (SGX) has cautioned in the latest Regulator's Column posted on its website that "wash trades" and "marking the close" are forms of market manipulation that breach Sections 197 and 198 of the Securities and423 words
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Article, Illustration515 2008-12-05 7 LYNETTE KHOO - LYNETTE KHOO Major shareholder reviewing interest following offers from several parties By A MAJOR shareholder of Straits Asia Resources (SAR) is making a strategic review of its 47 per cent stake in the listed company. SAR said yesterday that it was informedBLOOMBERG - 515 words
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487 2008-12-05 7 Bloomberg [HONG KONG] Asian dis-tressed-debt managers expect real estate developers and companies in China, Indonesia and Australia to provide them with the most investment opportunities next year, an industry survey shows. Economic recession, slowing consumer spending and shrinking bank lending indicate that a growing number– Bloomberg - 487 words
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389 2008-12-05 8 Reuters But they slash weight on China due to slowing growth: HSBC survey [HONG KONG] Asset managers grew more positive about equities in the current quarter, especially in Asia ex-Japan, but sharply curbed their enthusiasm on China as its growth prospects dimmed, a survey– Reuters - 389 words
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Article, Illustration475 2008-12-05 8 RONNIE LIM - RONNIE LIM They'll supplement those that the firm obtains through monthly tenders By CHINA Aviation Oil (Singapore) with stronger controls in place after its restructuring is discussing long-term jet fuel supplies for Chinese airports with parties including British Petroleum. These supplies will supplement thoseBLOOMBERG - 475 words
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Advertisement189 2008-12-05 5 LThe best service centers are always marked with a star. The only authorised Mercedes-Benz Service Center in Singapore Cycle Carriage. For over 50 years, informed owners have always known that advisors to technicians, are all competently trained to ensure when it comes to their Mercedes-Benz, no one in Singapore your189 words
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SINGAPORE MARKETS
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Article, Illustration627 2008-12-05 6 R SIVANITHY - R SIVANITHY STOCKS For the second consecutive day Sing Tel was the main index contributor THE local stock market yesterday continued to be dogged by low volume, volatility in the Hang Seng Index and an over-reliance on penny stocks to provide the main themes: Bloomberg - 627 words
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Article100 2008-12-05 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 3 6 0 0 0 5 3 6 lanufacturing 38 38 63 47 45 72 Commerce 18 19 15 21 21 16 'pt/Stor/Comms 21 23 :inance 11 14 10 11 14 10 Construction 12 15100 words
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Article110 2008-12-05 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 15,176 15,176 36,543 36,543 lanufacturing 294,622 52,775 347,397 138,896 2,740 141,635 lommerce 92,259 20,741 113,000 77,918 3,268 81,186 'pt/Stor/Comms 139,954 435 140,389 180,322 81 180,403 :i nance 24,263 24,263 144,108 144,108 lonstruction 15,996 487 16,483 840 844 'roperties 61,627110 words
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Article102 2008-12-05 6 lapitaLand 2.490 4-0.020 lapitaMal 1.480 -0.070 jtyDev 5.260 4-0.060 Iosco Corp 0.875 4-0.025 IBS Grp 9.090 tO.010 :&N 2.700 Sent Intl 0.390 -0.010 iolden Agri 0.200 -0.005 IK Land 2.300 4-0.050 IMH 15.800 -0.700 ISH 9.000 -0.300 lardineC&C 9.320 -0.140 Ceppel Corp 3.760 -0.010 Ceppel Land102 words
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Article, Illustration902 2008-12-05 6 LYNETTE KHOO - LYNETTE KHOO RESILIENT in carnage: Singapore Press Holdings (SPH) has weathered the current financial storm in a better fashion than most of its STI peers. While the STI plunged 36.4 per cent in October to November, SPH demonstrated resilience by falling only 13.5 per cent, thus outperforming theBloomberg - 902 words
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Article, Illustration534 2008-12-05 6 LARRY WEE - LARRY WEE CURRENCIES IT was a big day for interest rate cuts yesterday, and that in turn cast a long shadow on currency action as well. The British pound, for example, plunged just after the European open on news that Sweden had cut its■: Reuters - 534 words
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Article61 2008-12-05 6 Dec 4 VALUE CLOSE BT OB/OS -1.00+194.0 BT CADI -*****.00 +15.0 BT 10-day MA -*****.00 FTSE ST Mid Cap 325.10 +0.03 FTSE ST Small Cap 276.42 -0.46 FTSE ST All Share 392.68 +0.54 FTSE ST China Top 171.38 +0.68 FTSE ST China 173.24 +0.66 UOB Catalist 72.8061 words
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Article58 2008-12-05 6 VOLUME Golden Agri 122,623,000 Cosco Corp 60,281,000 Straits Asia 50,329,000 MiddleEastD 44,851,000 RafflesEdu 40,130,000 Olam 36,069,000 China Honqxinq 31,837,000 SinqTel 27,420,000 Noble Grp 23,925,000 Ezra 22,257,000 VALUE(S) Sing Tel 70,256,048 DBS Grp 54,191,490 Cosco Corp 50,620,490 Straits Asia 39,720,340 Olam 34,869,065 UOB 34,766,476 Capita Land 33,964,330 Wilmar58 words
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Article108 2008-12-05 6 MS India 10US$ CLOSE UP 698 48.9 4.8 India Ni 10 850 43.0 5.3 SIA 200 1060 40.0 3.9 S I A 1040 20.0 2.0 Select Gr| 30 15.5 106.9 Great Eastern 870 14.0 1.6 IS MSCI India 100 317 13.8 2.9 UOB 5.05%NCPS 100 8960 12.0 0.1 China108 words
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Article109 2008-12-05 6 CLOSE DOWN 7590-143.6 -1.2 GLD 10US$ OCBC Bk4.5%NCPS 100 8000-112.0 -1.4 JMH 1580-106.9 -4.2 OCBC Bk5.1%NCPS 100 8810 -54.0 -0.6 JSH 900 -45.8 -3.2 YHS 166 -29.0 -14.9 DBS Bk6% NCPS 10 9272 -18.0 -0.2 Thailand 10US$ 229 -16.8 -4.J Jardine C&C 932 -14.0 -1.5 Pair irm 393 -10.7109 words
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Article87 2008-12-05 6 Wh lere S! i$ stands Dec 4 %CHNG CLOSE FRD«3 YR2008 S$ LOW S$ HIGH uss 1.5278 0.11 1.5346 1.3457 Euro 1.9250 0.26 2.2064 1.8640 Pounds 2.2222 1.28 2.8431 2.2111 AS 0.9813 -0.14 1.3251 0.9068 Yen* 1.6447 0.07 1.6645 1.2619 Rupiah* 0.***** -0.94 0.***** 0.***** Baht* 4.2760 0.62 4.429987 words
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Advertisement211 2008-12-05 7 EPSON EXCEED YOUR VISION for daily Sun Tzu's Art of War quotes Brought to you by EPSON Find out how Sun Tzu's strategic principles can be applied in modern day business and human relationship. Sun Tzu's Art of War reveals secrets for success. Win a wireless projector worth $2,588! Make211 words
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Advertisement164 2008-12-05 8 Cf** MOM CHOICES* 1 k^ P^ r NSW EXPERIENCES ACTIVE LIFE ml^^l Come on down to 50+ Singapore Expo 2009, %ni THE consumer fair designed for baby boomers f^^Tß^^^P^k and everyone else looking for fun and fulfilment IK IflPI P^V in tneir senior years- Jump into a world of MM164 words
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Advertisement930 2008-12-05 8 W^NOTICES SOUP RESTAURANT GROUP LIMITED (Incorporated in the Republic of Singapore on 20 July 1991) (Company Registration No.: *****3597Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Soup Restaurant Group Limited ("Company") will be held at 5 Shenton Way, #09-07 UIC Building,930 words
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SINGAPORE NEWS
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418 2008-12-05 9 NOOR AISHA - NOOR AISHA Reduction comes on 40% fuel price slide; EMA revising tariff formula by mid-year By SINGAPOREANS can look forward to cheaper electricity of up to 25 per cent in the January-March quarter, after the record 21 per cent spike this quarter.418 words
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369 2008-12-05 9 WINSTON CHAI - WINSTON CHAI By CHINESE cities such as Shenzhen and Guangzhou have surged past Singapore when it comes to expatriate living costs, a survey has shown. Although Singapore has traditionally ranked as one of the more expensive Asian countries for expats, it dropped three notches369 words
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254 2008-12-05 9 ANGANSHING - ANGANSHING By VERIMATRIX, which provides content security and and revenue enhancement solutions for pay-TV networks, has opened its regional headquarters here, in a bid to strengthen its position in the Asia-Pacific. Verimatrix's presence in the region would be welcomed by most IPTV, broadcast and254 words
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95 2008-12-05 9 THE Monetary Authority of Singapore (MAS) has appointed Davinder Singh, Senior Counsel and CEO of Drew Napier, to advise MAS on the implications of the legal issues raised by the lawyers acting in the Chapter 11 proceedings for Lehman Brothers in the United States.95 words
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429 2008-12-05 9 ANNA TEO - ANNA TEO By TODAY'S Asia-Pacific CEOs must not only be globally minded and fiscal-savvy change agents, they must essentially be HR strategists, according to a Korn/Ferry paper. CEOs polled by the executive search firm listed "a background that includes creating human capital strategies"429 words
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Article, Illustration345 2008-12-05 10 JONATHAN GAN; TEH SHI NING - JONATHAN GAN TEH SHI NING By and general of the National Trades Union Congress. Acting Manpower Minister Gan Kirn Yong was joined by Mr Lee and Mr Lim on the dialogue's panel to discuss manpower management in this recession. The forum was attended345 words
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356 2008-12-05 10 MARISSA LEE; CHEN HUIFEN - MARISSA LEE CHEN HUIFEN Move comes amid calls for greater collaboration among drug regulators By and REGULATORS from Singapore, Australia, Canada and Switzerland have formed a consortium to share resources and deal with pharmaceutical issues more quickly. Staff exchange programmes, joint inspections of manufacturing facilities356 words
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280 2008-12-05 10 MARISSA LEE - MARISSA LEE By AMID the financial turmoil, one of the best places to put our money in would have to be charity. But instead of feeding these charities with one-off donations, why not "teach them to fish"? At a Networking Lunch with Professional280 words
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Advertisement191 2008-12-05 9 Panasonic r*** s TWZZ^n^ZZ SIT J^Bl^ m I Sft\ -<«t«_^^H n tin 1 iri XJ .j' "-iiH^^tes» 3""^^V "ffss-^ a^l T'' inn I I. _m* DAMA C MIT Meet All Your EnterPrise IT Needs With Our WT§\ IllMdU 111 IW New Business Solutions Centre D| iciriOCC Qoll itlOriC r*PntrP Panasonic's191 words
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Advertisement3839 2008-12-05 10 Oriental TV Cabinet w/IDrw2Drs Teak Chest Cabinet sDrws Teak Tea Table 1.5 m Teak Daybedc/w mattress Teak Hexagon (150x55x52cm) (69x80x38cm) Glass Display Cabinet Teakßookßack OP=S^9 T^^timrSm^m^ UP|s26g|_ I" UR $399 If I (192x110x36cm) I t* f* Hp7^T« V ||K7«T• M b>^l^ 1 I BB Chest Stool w/Drws Square Stool Solid3,839 words
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MALAYSIA/INDONESIA
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Article, Illustration432 2008-12-05 11 PAULINE NG - PAULINE NG Contributing to the decline were electronic products and commodities By in Kuala Lumpur THE recession in the developed economies has hit Malaysia. The country's exports fell 14.2 per cent in October, marking the start of a trend that economists expect432 words
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Article186 2008-12-05 11 Reuters [JAKARTA] Indonesia expects to name the selling agents for its first retail Syariah bonds next week, a finance ministry official said on Wednesday, in a bid to widen the investor base for debt and finance the state budget deficit. Indonesia has halted all– Reuters - 186 words
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Advertisement171 2008-12-05 11 The most wonderful time of the year is finally P B X *^L here! Make your Christmas celebrations S^ JJ wJ^* £s//fsJ/ extra special with our exquisite collection of j /^^^J&^^^ wines and champagnes from all over the world. f Sf y Celebrate the festive season with your loved r171 words
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ECONOMY WATCH
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Article, Illustration545 2008-12-05 12 -NYT Consumers cutting back on spending, businesses trimming jobs, wages [NEW YORK] The economic decline took a turn for the worse after the market shocks of October. Last month, the problems only deepened. Cash-poor Americans, fearful for their jobs and victims of a steep decline in-NYT; AFP - 545 words
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296 2008-12-05 12 Bloomberg [JAKARTA] Indonesia's central bank yesterday unexpectedly lowered interest rates for the first time in a year to shield the economy from the global recession. Governor Boediono and his seven colleagues reduced the benchmark rate to 9.25 per cent from 9.5– Bloomberg - 296 words
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Advertisement287 2008-12-05 12 i UPON A TIME... Beyond fresh pine, twinkling lights and baubles galore, be amused by holiday tales and lore, f J r'oo o J J Indulge m sumptuous creations at From St. Nicholas, Ebenezer and Santa Claus, woven into our treats, feasts and more, bed Kit h X aki B287 words
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GREATER CHINA/INDIA
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579 2008-12-05 13 AP US officials pressed the Chinese to continue reform of currency policies [BEIJING] China's chief trade envoy urged Washington yesterday to stabilise its economy and protect Beijing's US investments as the two sides opened economic talks overshadowed by the global financial crisis andAP - 579 words
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Article, Illustration383 2008-12-05 13 AP, Bloomberg Air force chief said warning received of airborne attack [BANGALORE] India increased security at airports in New Delhi, Bangalore and Chennai after a threat from the terrorist group that claimed responsibility for last week's attacks in Mumbai, police and officials said.– AP, Bloomberg; AP - 383 words
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170 2008-12-05 13 -AP [BEIJING] Embarrassed by a lip-synching child who sang at the Beijing Olympics' opening ceremony, Chinese authorities are ordering performers not to fake it during the country's biggest television show of the year. "Choose performers with real singing ability," said a notice posted-AP - 170 words
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Advertisement22 2008-12-05 13 I LOCK+STORE] 6243 0600 Hsr (A 0 m For quality teddy bears and soft toys! QiiSiiifi^ 23 Bussorah Stkeet, Singapoke *****1 www.saslmsbcai-s.coiii.sg22 words
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Advertisement145 2008-12-05 13 Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt. auctions plus the addition of goods which constitue the majority. Sunday, 7th December Auction: 1:00pm Viewing: 11:00 am Bracelet-Dia 34 62ct ff dtiiMllllIHIHjll:! J JiljlMiFk Earrings Dia.145 words
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Advertisement134 2008-12-05 13 (3 8 years in Singapore) (6 -30 years in Singapore) I > I (^-y^— life's simple pleasures (> 30 years in Singapore) HLovers Centre,, ■■■^1 Pel Care Since 7973 SINGAPORE-MALAYS IA I (> 3 years in Singapore and present in at least 5 foreign markets) I 111 H THE HOURGLASS134 words
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ASIA-PACIFIC/WORLD
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Article, Illustration668 2008-12-05 14 Bloomberg AUTO SQUEEZE Experts consulted if bankruptcy can reorganise industry without liquidation [NEW YORK] General Motors and Chrysler executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, said a person familiar with their internal discussions.– Bloomberg; AP - 668 words
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345 2008-12-05 14 -NYT [WASHINGTON] The United Automobile Workers union said on Wednesday that it would make major concessions in its contracts with Detroit's three car companies to help them lobby Congress for US$34 billion in federal aid. The surprising move by the UAW could be-NYT - 345 words
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Article, Illustration389 2008-12-05 14 Reuters [TOKYO] Panasonic Corp has sweetened its offer for Sanyo Electric Co by 8 per cent to about US$B.6 billion, sources familiar with the matter said, but major shareholder Goldman Sachs rejected the offer and threatened to launch a counter bid. Panasonic, the– Reuters; REUTERS - 389 words
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136 2008-12-05 14 O Reuters [BANGALORE] JP Morgan seized tens of millions of US dollars of collateral from a commercial property debt fund run by Guggenheim Partners, the Wall Street Journal said, citing people familiar with the matter. The move followed the fund's failure to provide additional capital toO – Reuters - 136 words
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Advertisement2777 2008-12-05 14 .1 IN THE MATTER OF THE F7R A EZRA HOLDINGS LIMITED °°Z7^^Z EjZJS^\ Co Reg No *****1 4 ii N reucwiSE (Incorporated in the Republic of Singapore) MANAGEMENT^NGATORgm. LTD. NOTICE OF ANNUAL GENERAL MEETING (ln '^SaSnSS^ NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezra Holdings Limited At2,777 words
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WORLD
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Article, Illustration471 2008-12-05 15 -AP Developer cites change in investor demands as reason for the retreat [DUBAI] A newly created Dubai developer that unveiled a US$95 billion real estate project just two months ago is reviewing its plans in the light of the economic downturn. The retreat-AP; AFP - 471 words
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Article, Illustration447 2008-12-05 15 -AP LATEST US DATA [WASHINGTON] Americans confronting lost jobs, wilting retirement accounts and shrinking home values got more evidence yesterday of consumers' weary state and the country's deteriorating job market with the latest batch of bleak economic data. The number of newly-AP; i REUTERS - 447 words
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Article234 2008-12-05 15 Reuters [TOKYO] Japanese brokerage house Nomura Holdings is axing up to 1,000 staff in London in its first big job cuts since it bought parts of failed Lehman Brothers. The decision to cut as much as 22 per cent of its London staff follows an– Reuters - 234 words
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424 2008-12-05 15 NYT [WASHINGTON] In a day of especially grim news for the book business, Random House, the world's largest publisher of consumer books, announced a sweeping reorganisation aimed at trimming costs, while Simon Schuster laid off 35 people, including the head ofNYT - 424 words
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Article, Illustration281 2008-12-05 15 -NYT [WASHINGTON] Governor Bill Richardson of New Mexico, whom US Presidentelect Barack Obama formally introduced on Wednesday as his choice for secretary of commerce, has a resume of unusual breadth. He served as both ambassador to the United Nations and energy secretary in-NYT - 281 words
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Advertisement345 2008-12-05 15 4 *"TJB *rf KADEKA JAPAN •■tf >l^fe^. www.kadeka.com.sg rijgg j4/fer months on iki irdlis, MSjEj^ ff l\ pnmwm immc <jmt>es hew rwwuL B J^^^. -"^B The precious grapes go into another painstaking process. From juicing JKfl^^t I to fermentation, and maturing to fruition of the prized wine, great jr\^m* 5.345 words
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EDITORIAL & OPINION
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477 2008-12-05 16 WHEN The Business Times and DHL Express Singapore called for nominations for this year's Singapore Business Awards recently, the organisers set the tone by quoting a Swedish proverb: "Rough waters are truer tests of leadership. In calm water, every ship has a good captain." Employees477 words
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Article, Illustration992 2008-12-05 16 LEON HADAR - LEON HADAR All the major problems to be faced by the US will require close cooperation with Beijing MUCH has been said and written about the way China and most of East Asia were sidelined on the Bush administration's global agenda as the perceivedAP - 992 words
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Article, Illustration800 2008-12-05 16 iOBERT SAMUELSON - iOBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE AS he assembles his economic team, Barack Obama faces a central strategic decision that only he can make. Starting with his "economic stimulus" plan, will he focus mainly on reviving the economy and relieving theThe Washington Post Writers Group - 800 words
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Article, Illustration1239 2008-12-05 17 JAMES POMFRET - JAMES POMFRET Reuters Its manufacturing sector needs to innovate to regain its edge By STROLLING the production lines of his toy factory in southern China, Peter Lin barks orders as hundreds of workers in green overalls snap wheels onto toy cars and affix tiny batteries– Reuters; REUTERS - 1,239 words
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238 2008-12-05 17 LETTER TO THE EDITOR We refer to the forum letter "Can TCs invest in structured products?", published on Nov 27, 2008. Under the Town Councils Financial Rules, Town Councils are allowed to invest funds which are not required for immediate use in Singapore238 words
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769 2008-12-05 17 By JOHN GEE ABOUT a week after Lehman Brothers' collapse on Sept 15,1 paused to glance at the notice board in a local supermarket in a neighbourhood with a large expat population. Normally, there are two or three notices put up by domestic workers seeking769 words
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Advertisement94 2008-12-05 17 XcIOICU TUNE IN TO THE HEARTBEAT OF THE INDIAN COMMUNITY m BIGGEsThITS I ESCAPED FROM Qp THE 90S MY TAJ ROOM C3EOIMmiOWN AT 4AM AND RAN DOWN TTT T ■*wf\lXTl SIX FLOORS XIfrSaSSdSS TO SAFETY J. First-person account of the mayhem in Mumbai from a Singaporebased Indian +\jww v #YltT94 words
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AVIATION/SHIPPING
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315 2008-12-05 18 Reuters [LISBON] Two Portuguese opposition parties urged the government on Wednesday to overturn a decision to expand a container port in Lisbon because of what they said was a lack of transparency. In an unusual alliance, the centre-right Social Democratic Party and theReuters - 315 words
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Article, Illustration439 2008-12-05 18 S JAYASANKARAN - S JAYASANKARAN Merger not likely as XL considers MAS a national carrier, say analysts By in Kuala Lumpur A REPORT in Australia's Sydney Morning Herald newspaper suggesting that Malaysia Airlines (MAS) is in talks with Qantas and British Airways on—-M FILE PHOTO - 439 words
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Article, Illustration594 2008-12-05 18 Bloomberg [TOKYO] Japan's US$26B million Ibaraki Airport is on schedule to open for business in March 2010. The hard part will be persuading an airline to fly there. The government and Ibaraki prefecture, home to three million people, are paying– Bloomberg; BLOOMBERG - 594 words
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774 2008-12-05 18 Bloomberg [TOULOUSE] A proposed merger between British Airways pic (BA) and Qantas Airways Ltd would help the combined carrier win larger discounts from Airbus SAS and Boeing Co, making it a stronger competitor to Singapore Airlines Ltd and Dubai's Emirates Airline. Qantas,Bloomberg - 774 words
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213 2008-12-05 18 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia rose the most in 10 weeks on demand for supertankers to be used as storage. As many as 12 supertankers and four vessels half the size are booked with options to use asBloomberg - 213 words
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427 2008-12-05 18 Bernama [SHANGHAI] Financial and management problems have forced OK Air, China's first private airline, to suspend passenger flights from Dec 15 to Jan 15. Board chairman Wang Junjin said the civil aviation authority had already approved the application for suspension, Xinhua reported yesterday, adding– Bernama - 427 words
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Page 18 Advertisements
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Advertisement33 2008-12-05 18 Lianhe Zaobao learning from the WmmM China speeds np m housing I programme for the mii-t- low-income group {UtE pSS yq ~"'i=_"^y~~~." .*-t Sh Sfb___Hf' I*': ~*T"*s3S^Z SBsl™- IE- B V""' "€3 _H'~33 words
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SINGAPORE STOCKS
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Article8720 2008-12-05 19 Transaction date: Dec 4 52-wks Tel |h Low Code Last Sale Vol COOP) Hii Day Last Quote Div Gr Yld Net |h Low Buyer Seller Cvr P/E MCap $mil Hii Com[ >an] 12 3 3148 -Telecom 17 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.58,720 words
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Article1894 2008-12-05 20 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 offer1,894 words
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Article65 2008-12-05 20 52-Wk Tel h Low Code Last Sale Vol fOOO) Day ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _H|< Comi ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&PSO0 ***** ***** 6170 SPDRS 385 15865 words
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Article60 2008-12-05 20 Hii Low Code Com] >an' Sale COOP) Hii Low Bl rer Seller C'vr P/E $mil 112 39 6000 AVJennings 15 4 6134 Over&Gen 34 6 6017 StarCruises 283 104 6019 TanChonglnt A39 A8 US8 HK116 -3 unch 1 447 39 8 39 7.5 37 7.5 41 8 12060 words
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Article8933 2008-12-05 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.333/ AIGIF Spore Bond Fund/ A 1.201/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.57/ APS Alpha Fund (USD)!** 0.37/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6136/ APS Komaba8,933 words
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Page 19 Advertisements
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Advertisement36 2008-12-05 19 y Jpfipp, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 9 wßj .J 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Wr Internet: Http://www.audemarspiguet.com36 words
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FINANCE & COMMODITIES
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367 2008-12-05 21 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 3 World Index Preliminan 643.5 0.9 -43.1 0.7 -43.0 0.8 -46.3 EAFE Preliminai 619.4 0.9 -44.7 0.5 -47.0 0.7 -50.1 Euroj Preliminan 881.1 0.8367 words
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Article131 2008-12-05 21 As at 9am Dec 4 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9770 1.0090 Can dollar 1.2080 1.2220 Euro 1.9270 1.9490 NZ dollar 0.8060 0.8240 iterlini 2.2390 2.2650 US dollar 1.5170 1.5340 Local dollars to 100 units of foreign currency:131 words
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Article173 2008-12-05 21 Dec 4 Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 3/8 US$ 3/8 3/4 13/16 7/8 Offer 1/4 1/2 9/16 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 1.40 2.50 2.60 2.80 3.10 3.20 3.30 Offer 0.90 2.10 2.20173 words
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Article22 2008-12-05 21 Dec 4 STI IIMSCI Dec 201.9 203.6 199.3 "aiwan Dec 160.8 162.0 156.5 Source: MF Global (S) Pte. Ltd22 words
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Article23 2008-12-05 21 Dec 4 Bid Offer 1-month 1.5268 1.5275 2 months 1.5252 1.5262 3 months 1.5236 1.5246 6-months 1.5180 1.5195 Source: OCBC23 words
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Article62 2008-12-05 21 Dec 4 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Dec 08 1510 Jan 09 1540 Feb 09 1533 Mar 09 1545 Total o/p: ***** contracts 1462 1510 1461 1462 1550 1459 1462 1555 1457 1462 1556 1460 Turnover: 9133 lots Market62 words
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Article303 2008-12-05 21 Dec 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec08 Mar09 Jun09 Sep09 97.9825 98.2350 98.2800 98.2500 6219 ***** 4790 3572 EUROYEN TIBOR FUTURES Dec08 99.115 99.125 Mar09 99.235 99.250 Jun09 99.285 99.305 Sep09 99.325 99.335 Dec09 99.315 99.315 Mar10 Jun10 Sep10 99.115 99.235 99.285 99.325303 words
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Article198 2008-12-05 21 Dec 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan09 119.5 Feb 09 120.0 Mar 09 121.0 Apr 09 122.0 May 09 122.0 Jun 09 122.0 112.0 118.7 120.5 117.0 118.5 118.5 113.0 115.0 116.0 118.0 118.5 119.0198 words
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Article88 2008-12-05 21 Dec 4 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****F 05.03.09 1-Year BY*****V 02.11.09 0.61 0.74 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X88 words
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Article104 2008-12-05 21 Dec 3 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 09 830.00 827.00 843.50 820.00 Mar 09 835.00 834.50 848.00 826.00 May 09 843.00 844.00 853.50 837.00 Jul 09 851.25 853.00 865.25 847.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 30.28 30.42 30.93 30.20104 words
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Article77 2008-12-05 21 CRUDE OIL PRODUCTS Dec 3 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 45.14 -1.10 WTI (Near Mth) 46.64 -1.00 Dubai (1-Mth F) 43.45 -1.63 Tapis blend 47.50 -2.75 Minas 44.95 -1.90 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 28.77 60.00 -0.68 -1.50 USS/barrel Opec Oil77 words
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Article464 2008-12-05 21 Dec 4 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.810 4.418 0.507 4.976 31.967 76.541 0.596 9.485 2.337 1.209 50.482 31.669 0.981 6.553 0.777 21.536 22.917 0.437 0.642 Canada 1.235 5.458 0.627 6.146464 words
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Article77 2008-12-05 21 Dec 4 1 mth 1.***** 0.***** 2 mths 2.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 2.***** 0.***** 6 mths 2.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.*****77 words
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Article157 2008-12-05 21 Dec 4 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9804 0.9812 0.6417 0.6420 Canadian dollar 1.2110 1.2120 0.7926 0.7930 Euro 1.9330 1.9341 1.2652 1.2655 NZ dollar 0.8105 0.8115 0.5305 0.5310 Sterlini 2.2425 2.2437 1.4678 1.4681 US157 words
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Article140 2008-12-05 21 Dec 4 (US! t/oz) Dec 04 Dec 03 Hong Kong London 768.40 777.80 769.40 778.80 Dec 03 Dec 02 779.20 778.30 781.20 780.30 Source: Thomson Reuters CAST BAR (S$) Dec 04 Buying Sellini Kilobar "40,787.33" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm140 words
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Article69 2008-12-05 21 Dec 3 luminium, 99.7% urity (USS/tonne) Close Previous Cash 1569.50 3 months 1616.00 1653.80 1700.00 Copper, Grade A (USS/tonne) Cash 3 months 3423.50 3446.00 3535.50 3555.00 Lead (USS/tonne) Cash 3 months 957.00 971.00 1079.00 1089.00 Nickel (USS/tonne) Cash 3 months 9082.00 9205.00 9388.00 9505.00 Tin (USS/tonne) Cash *****.0069 words
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Article67 2008-12-05 21 Dec 3 (£/tonne) Close Prev Hii ih/Low Dec 08 1660 1605 1656/1585 Mar 09 1500 1479 1508/1464 May 09 1498 1477 1506/1462 Jul 09 1508 1486 1508/1474 COFFEE (USS/tonne) Close Pev High/Low Jan 09 1969 1980 2000/1922 SUGAR (US tonne) White Close Prev High/Low Mar 09 314.5 321.8 321.6/312.567 words
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Article2620 2008-12-05 21 BONDS WARRANTS rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left 2058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 2 -3 501 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic2,620 words
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Advertisement2655 2008-12-05 22 m The Business Times tf BiT^ KPfl B-fjffffJJfflTHWtffß-fWWtBBffiB fell WAN HAI INTERNATIONAL PTE LTD CRN0M**********/R m^— i^3 K%M mMM^KMmSiimmmmSam l%rrr^\ ■■>■ hup* te1:*****588 ihlines) fax:6224H63 V V^^^^iT7>V^V BBBB)i Ettfii BWHaMS I VAN N WAN HAI INrN Cuslomet Service/Bookings Dir«l Line (1800) *****200 X A IM^ l*.X^»j" fllWffffffff BffWIS! I V2,655 words
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Page 23 Advertisements
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Advertisement3247 2008-12-05 23 RICKMERS-LI NIE fc HdP-.^s wlw IITTA EASTERN CAR LINER, LTD I <jM QGSIfS^ re g k .B ulk /P roi e.,/SOC Convening. Se r v,e^_ website: v^Hd^^. |J-5J SPEC.AUZE IN RORO HEAVY L.FT UPTO 450 TON^ WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov ~l SIN I ALT I HOU I3,247 words
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Page 24 Advertisements
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Advertisement6389 2008-12-05 24 ■39 H 19 H m H I ipg a npersen. *|:6562_i._..55.:i fist glory navigatiiin RRniipl ■a4WBk;jM l_l________ r-^* I i shipping companT7 70 Shenton Way, #21-03 Marina House Singapore *****8 OL«nl IIHWIUft I Kill UllUUr I mmfkHWSM ISP ffiPi PBi Hi HI NORTH WEST EXPRESS LINE «&4*_lit»W*ls»-*'*l MONTHLY SERVICE TO6,389 words
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ARTS
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Article, Illustration759 2008-12-05 25 Five Singaporean artists seek the city's identity in their work, reports EMILYN ANG m HAT hapm pens when a city loses its m soul through globalisation? In Lost City 2, five Singaporean artists seek to restore its identity with an exhibition that looksI RAJ NADARAJAN/ST - 759 words
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Article, Illustration767 2008-12-05 25 CLARISSA TAN - CLARISSA TAN By THERE are authors who write from the head, and those from the heart. One may have expected Woon Tai Ho, managing director of MediaCorp and founder of Channel News Asia, to write a hard-boiled, muscular treatise on the current state of the767 words
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Article, Illustration416 2008-12-05 25 CHEAH UI- HOON - CHEAH UI-HOON By EVEN as High School Musical mania continues to bowl over Singapore's teens with its third successful edition screening in cinemas now, one locally (and proudly) made-in-Singa-pore musical about high school students demonstrates how the stage can reflect "real" teenage lives instead of a416 words
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Article, Illustration509 2008-12-05 25 BEN MUNROE - BEN MUNROE By IDEALLY your office party serves two functions: it should help you mark the end of another year and keep you entertained. Fortunately for us, Christ-mas-themed comedy The Office Party by SRT fulfils both of these criteria and is crammed with509 words
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CINEMA/ARTS
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Article, Illustration644 2008-12-05 26 And the cat and hamster too, as they steal the show in Bolt, says JAIME EE BOLT is a canine that every dog dreams of being. He has supersonic speed, heat ray vision, a Super Bark that can level an army of killing machines644 words
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Article, Illustration615 2008-12-05 26 GEOFFREY EU - GEOFFREY EU By( THE obvious challenge for a movie like Zack andMiri Make a Porno is to ensure that it lives down to its implicit promise of being rude, crude and borderline obscene an irreverent testament to bad taste, in other words while simultaneously615 words
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Article, Illustration380 2008-12-05 26 CHRISTOPHER LIM - CHRISTOPHER LIM DVD REVIEW By IF you're looking for a movie that will neither depress you nor give you a headache from its arty pretensions, then Wedding Daze is just the kind of mindless entertainment you need. Firstly, it isn't about weddings. It doesn't even have much380 words
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Page 26 Miscellaneous
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Miscellaneous423 2008-12-05 26 CRYPTIC CROSSWORD ACROSS i 1 1 1 1 1 1 1 1 1 1 1 1 1 7 -Z 12 3 \i 6 7 8 I A stiff examination (7) I 5 Unpaid, a foreign RU team i i I i I 9 Bolt in iron tripod with no 9423 words
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Miscellaneous581 2008-12-05 26 Kff^^iiw Z>a\ B^JrwEkjdii^^*' I —"*k BP^S ■ba'*4lp?V^':; ■■''"•"Sgr V >-.*>■-■'« ■SP"^;-' -''7\l A Charity concert for ailing musician TO raise funds for well-known jazz keyboardist Michael Stanton (above), who was diagnosed with terminal pancreatic cancer last week, some of Singapore's top jazz musicians will play at a charity concert this581 words
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PURSUITS
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Article, Illustration875 2008-12-05 27 BOOKS Web designer and author Susannah Gardner tells CHRISTOPHER LIM how one can learn blogging SOME people might assume that because weblogs or blogs, for short reside in the information cloud of the Internet, they need to be technologically savvy875 words
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Article, Illustration458 2008-12-05 27 CHRISTOPHER LIM - CHRISTOPHER LIM GAMING By WHEN you buy a computer game these days, it's hard for sure to know what you're getting up front. Believe it or not, that's a good thing. In the old days, you could easily pigeon-hole games into clear genres but developers458 words
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Article, Illustration494 2008-12-05 27 ONG BOON KIAT - ONG BOON KIAT CD REVIEW Day Age Killers Island Records Rating: B+ By IT is to Killers' credit that its latest album Day Age not only progresses from its borrowed influences, it also moves on albeit subtly from the group's previous successful offerings. For494 words
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Article, Illustration626 2008-12-05 27 MELISSA LWEE - MELISSA LWEE MUSIC By WHEN you listen to DJ Sasha's newest album, Invol2ver, don't be surprised if a sense of warmth envelopes you. "I remember when we were recording this, it was very cold in New York," he tells BT with a slight laugh.626 words
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Advertisement571 2008-12-05 27 fTfj! Charge your overseas purchases to your DBS Platinum Credit Card from V i I It' /tPHH^Sj 3D HOng KOIICJ Charge a minimum Of now till 31 Dec 08 and stand to win the Best Seats In Town! W^ wM C^^^^^^^MM^ FrBe Easy 552,000 to your DBS Platinum A pair571 words
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executive lifestyle
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Article, Illustration1232 2008-12-05 28 High-end properties are including lifestyle features such as art galleries, private dining rooms and party pads on their premises, report AUDREY PHOON and AMANDA DE GUZMAN OLYMPIC-SIZED pools tiled in the finest Italian marble and gyms filled with state-of-the-art equipment may yet be an unheard-of1,232 words
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Article, Illustration555 2008-12-05 31 FALL/WINTER 2008-09 COLLECTION Giuseppe Zanotti Design's Fall Winter 2008-09 collection seeks to achieve the perfect shape. With comfort and style as Giuseppe Zanotti's utmost priority, this season embarks on a journey with much emphasis placed on the shape, the heel, the accessory, the choice of material and555 words
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Advertisement13 2008-12-05 28 K| e^B Xt ,_L_l_-^^^^J^S n Bid Jt' l*e?^ I **^-w,- I map I13 words
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Page 28 Miscellaneous
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Miscellaneous10 2008-12-05 28 ARTS In search of the art of globalisation PAGE 2510 words
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Advertisement19 2008-12-05 30 I Gl USEPPE ZAN OTTI DESIGN automne hiver 0809 W '^mk I W!sL Palais Renaissance #01-09 Tel: 6836 402119 words
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Page 32 Advertisements
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Advertisement122 2008-12-05 32 l\/\y m f^^Xl\l SHlFT_the way you move a Authorised Dealers: Auto Mega Trading Pte Ltd 300 Tampines Avenue 5, #01-01, NTUC Income Tampines J- Tan Chono Motor Sales Pie LM Showrooms: Junction. Tel: 6787 2882 Hong Heng Co Pte Ltd 33 Sembawang Road, #01-01/02. Tel: 6452 1112 Bukit Timah: 911122 words
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Page 33 Advertisements
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Advertisement157 2008-12-05 33 contents L THE BUSINESS TIMES 2008 H^^H|M^H___ °6 ToSs or tough girls New York-based designer Alexander Wang 06 updates the classics jtzz^^z^ jKsfm (m The timeless appeal of the charm bracelet 40 Cooking up a Charlie Trotter Christmas Why the celebrity chef is always home for Christmas; his recipes for157 words
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fashion
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Article, Illustration1293 2008-12-05 34 Amanda de Guzman - Amanda de Guzman CLASSIC YET PROVOCATIVE, LUXE YET STREET-SMART, ALEXANDER WANG MAKES CLOTHES THAT DEFY CONVENTION. SO GO SHOOT A FEW HOOPS OR JUMP INTO THEOCEANINONEOFHIS DESIGNS. HE'LL THANK YOU FOR BEING DIFFERENT By m hile designer-of-the-moment g Alexander Wang professes to live a completely "normal1,293 words
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Page 36 Advertisements
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Advertisement255 2008-12-05 36 We really don't know how long an IWC lasts. We've only been around for 140 years. j&&/ \N i -~v A v 1 x~""^- 'My >' r M w 21 \W x^^^^_ 4K/' "O X. ~jf PJ I x I^W >v ft I 111 \l\\^\ y/ iBI1"" iwc SCHAFFHAUSEN Ground255 words
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Advertisement57 2008-12-05 37 v n j So vf »»ysHHMlHHtlf^flffl|yy^issfisB i■. >i»*.. i <<••<■i• .< x KSI W/ f tal* 1 L O < i /i^\\« iSIls.;-.. 1 Bgß 8* I js IE X o C7^ 2 If lv lo O 1 I v* IE I tjf In. IF* t_> "-1-1 SE Q O57 words
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collecting
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Article, Illustration795 2008-12-05 38 Clarissa Tan - Clarissa Tan DROP ANY OF THESE ANTIQUARIAN EDITIONS INTO A BIBLIOPHILE'S CHRISTMAS STOCKING AND YOU'VE MADE YOURSELF A FRIEND FOR LIFE By i Un the first day of Christmas my true love gave to me... a Moroccan leatherbound, spine-lettered, richly-gilt, first-edition, first-issue A Christmas Carol. ThatPHOTOS COURTESY OF PETER HARRINGTON BOOKS - 795 words
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Advertisement66 2008-12-05 39 iHHmBHMmMMHHm ■111 l liUUiiUUUuuw^ k JmmHi V v k. 5 J df a#irii^ja^M^^^^-^ l_!^_________^_________^--B-^----_ > V -:^^^^^H 7b h -a^^^^^^^^^^^^^^^^H n_k _____________________________________________H lfl________l_--n- rMI o «3s :Z^^^^^^^^^^^^^^^^^H -_-____________________________________^IM. i 7-o'^=^T"' '-^__li______________________________________________________________________________j IJ ________________________________X I _LJ____________________________________________________________________^l \W' Hfl H™_li!llii!Ts!!pMsz__Hsi!i!W I ___P^_P^__^^^B BffHwgtJMM §1111 ill __________________________________H Bflflull I^hWl HRn^____l -VVVVVVV^_______r^__M^__^__Ml p_nHn_| HV^H66 words
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design
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Article, Illustration2050 2008-12-05 40 LIM SlO Hui - LIM SlO Hui It's time to dust off your Christmas tree stand and make that annual trek to the stores to decide on your decorating theme for the year. But before you do that, we invited five of Singapore's top design talents to share their veryYen Meng Jim - 2,050 words
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Article, Illustration563 2008-12-05 42 Jaime Ec - Jaime Ec HE HAS BEEN CALLED THE MASTER OF MINIMALISM, BUT ACCLAIMED ARCHITECT CLAUDIO SILVESTRIN IS ADAMANT THAT THERE IS MORE TO HIS WORK THAN JUST CLEAN LINES AND AN INTELLECTUALLY DEFINED SPARSENESS By. laudio Silvestrin often refers to spirits when he talks about his work,PHOTO BY MMAZZA - 563 words
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Advertisement15 2008-12-05 45 B»V LmJ tali's'\ MY FAVOURITE PIECE Paragon #01-39 Tel: *****039 Raffles City #01-27 Tel: *****10815 words
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Advertisement37 2008-12-05 46 Mi f W Mi' I'/ w m V *^H|^i' I CZ I MY FAVOU RITE PIECE Watches of Switzerland Centrepoint #01-22 Tel: *****928 Paragon #01-19/ 20 Te1:*****793 Vivo City #01-13/ 14 Tel: *****727 Aigner Boutiques Paragon #01-3937 words
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Advertisement39 2008-12-05 47 Wl MSmHf PR RH RH fc#j |fii||jfillj{|lJMijiMM Hij HB hH R^^v^l Ba|&^Jlja^HlllL^JlLJlKJlLJj|M|^Bll|MiUSM9jS|aMal|aj^Hjßa|»^Jll^UUSaLJ^^ A* kH-^-( :vM fel: *****039 Raffles City #01-27 Tel: *****108 Bee Kah Co. People's Park Centre #02-45/46 Tel: *****027 Mohamed Mustafa Mustafa Centre Level 1 Tel: *****85539 words
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jewellery
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Article, Illustration841 2008-12-05 48 Cheah Ui- Hoon - Mix match Cheah Ui-Hoon INDEPENDENT JEWELLERS ARE COMING UP WITH INTERCHANGEABLE, MULTI-FUNCTIONAL PIECES THAT GIVE YOU MORE BANG FOR YOUR BUCK By i When it comes to value-for-money shopping, nothing beats the signs that scream "Two for the price of one" or "Buy one, get one free". For sure, any841 words
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Article, Illustration510 2008-12-05 50 Cheah Ui- Hoon - Cheah Ui-Hoon embodying different meanings for different wearers, :harm bracelets never lose their appeal, or their individuality By< _/^~^t l harms are taking centre stage in Christmas and holiday jewellery this year as fashion J brands and jewellery houses t-QriV r\n tti__ r»r_r»nlQrih7 r_f their whimsical appeal. From510 words
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Advertisement138 2008-12-05 49 HauHP^ Vl\\ V^_____!l_is I P^9(/ fl^Ml mm\\ 4.&11 I vSj Is H j£3«t^S-^?*^^2/ £if/t^ *I(^*lla2_L_U______£______l_u_l_______&_^h^^ lam S[^iiiW__wip >lv iiPiliiirMW'H T ::o-- iiiiMftii-«-.imliinniiiiii:i]Frira._____ _______»m?" 4 U| M__fflH________Li_l]__M_____ll_____l;S______ll___B o I HSHiiiiiißl Bp £fl IMilillllHill Imh^l] liiMllfMHil ■v, '~/.,7 o M HJ^JU|uguiajUjg|idyauii|ia :ZfJfesss#Z^ HlllM-JlMl__l ■|\N<^--_>/ //M Z _l wj-jw <•:-.''^Z^vZ-' r:TJii*:l J If138 words
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Advertisement4 2008-12-05 51 L Simmons IfffTSSfaßf^ KWEffSfgHlfW^4 words
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motoring
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Article, Illustration1102 2008-12-05 52 Samuel Ec - Samuel Ec THEVRE RETRO-LOOKING MODELS THAT COME WITH STATE-OF-THE-ART ENGINEERING AND EVERY CREATURE COMFORT. NO WONDER INDEPENDENT-MINDED CAR ENTHUSIASTS ARE BITING By! More people are turning to the classics and we're not talking about literature. We're talking four wheels and a chassis, covered in sleek metal that harksfZENMENGJHK - 1,102 words
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Article, Illustration580 2008-12-05 53 Samuel Ec - His Hers Samuel Ec CHRISTMAS GIFTS FOR CAR LOVERS Porsche No winter holiday would be complete without a leather jacket. Porsche has a biker-style design for men and women made of dark brown nappa lambskin with a viscose lining. The women's jacket has a feminine cut, of course, but both580 words
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shoppings
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Article, Illustration41 2008-12-05 54 You know how it is: recession hits, and suddenly you're caught unprepared. If you're not sure how to cope, never fear. Our retail therapists dish out some sensible advice to help ■you hedge against the current credit crunch H—__41 words
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Article, Illustration108 2008-12-05 55 h. When life gets too complicated to handle,,.!jp^ SM go back to simpler times with these \f, jfs Ipfitage-inspired watches that combine?!l^J^Kj the classic looks of yesteryear with todayV' IL Coordinator: Melissa Lwee Photographer: John Heng •< LEFT TO RIGHT (Front row) Girard-Perregaux WW.TC Financial108 words
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Article, Illustration158 2008-12-05 56 When share prices free fall and your minibonds aren't worth the paper they're printed on, you know you can at least fall back on this precious metal in more forms than one \4 OPPOSITE PAGE Versace chandelier (in foregrouraji^ $28,827.94, Da Vinci Presentation Etienne Aigner Damascus Junior handbag158 words
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Article, Illustration169 2008-12-05 57 I Why get stressed over troubled times that are 1 1 not of your doing? You'll need all your wits about f you as you tackle the difficult times ahead s~ I so for now, chill out and relax, because worrying 1 never does anybody any good Coordinator: Melissa169 words
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Article, Illustration236 2008-12-05 59 The first thing to get cut in bad times would be fancy J dinners at a top-rated restaurant down town. No matter, I there's no time like the present to brush up onyour gourmet cooking skills. Or easier still, order in some I takeaway it's never tasted so236 words
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food
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Article, Illustration696 2008-12-05 58 Audrey Phoon - Audrey Phoon FOR THIS SOCIALLY-RESPONSIBLE CHEF, THE YULETIDE SEASON GOES BEYOND GIFTS AND ROASTS By, Stuffed turkey, thick slices of roast beef in gravy and glistening honey-baked hams are as much a part of a traditional Christmas as are a tinselled tree, lavishly wrappedPHOTO BY YEN MENG JIIN - 696 words
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Article, Illustration1772 2008-12-05 60 Whole roasted duck with red-wine-braised apples Serves 4 Ingredients 1 750 ml bottle red wine 2 cups honey One 4- to 5-pound duck, excess fat trimmed Salt and freshly ground black pepper 1 large yellow onion, quartered 2 carrots, peeled and chopped 2 stalks celery, chopped1,772 words
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Page 58 Miscellaneous
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Miscellaneous6 2008-12-05 58 b^- Chef Trotter's Christmas recipes, Pg426 words
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Page 61 Advertisements
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charity
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Article, Illustration1064 2008-12-05 62 Clarissa Tan - Clarissa Tan THE FAMOUSLY PRESS-SHY MEILEEN CHOO OF CATHAY ORGANIZATION OPENS UP ABOUT HER INVOLVEMENT WITH THE LITTLE SISTERS FUND IN NEPAL By The line from Kathmandu is remarkably clear. Trevor Patzer, winner ofthe Unsung Heroes of Compassion award, is interrupted only by the piping voices1,064 words
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Article, Illustration46 2008-12-05 66 redefining the classics j In times of uncertainty, a search for values rooted in reality, a return to traditions and the little things that offer' comfort and familiarity, acelebration ofthe luxurious, yet timeless appeal of a classic and elegant Christmas Jl46 words
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Page 63 Advertisements
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Advertisement80 2008-12-05 63 \\\\\\\\\\^Ki^mm\\Wm^^^^^^^^^^^^m B fl ilo* _-V^_- ami _---------------H I•I _-b^_i ___r -------------------I 1B I /B ___r -.-..--------------I 1 ff^_________r /fir '^^L_ m•* lal iv_w p^ ,m _----------------H I ■n wM --P^H w -__r mmWmw/ L JTv?^o A V,m m K-H -.-.-..------------I I U^fl mW M*fflif X _-_--P\ v% m H mil80 words
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Page 64 Advertisements
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Advertisement25 2008-12-05 64 00 O O O Some Style Is Legendary SINGAPORE TAKASHIMAYA S.C. 6735 8823 RAFFLES HOTEL ARCADE 6334 0168 CHANGI AIRPORT TERMINAL 2 6543 2443 WWW.TIFFANY.COM25 words
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Page 65 Advertisements
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Advertisement132 2008-12-05 65 LOEWE. Freedom in perfection. Loewe: raising standards. Make a statement in singular style. All Individual Compose systems operate on the Digital+ HD platform -making HDTV a standard. The uniqueness of this range of sleek, flat-screen TVs is the modular concept, where you can create your own completely personalised sound with132 words
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