The Business Times, 22 December 2008

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Microfilm: NL29606
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg *S* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, December 22,2008
    20 words
  • Article, Illustration
    Lock icon Firms shelve supply of 1,000 new apartments
    870 1  -  ARTHUR SIM Project development deferred; en bloc properties return to rental market By [SINGAPORE] At least 1,000 projected new apartment units can be expected to be withdrawn from immediate supply in Singapore's property market, as properties that were sold en bloc in recent
    FILE PHOTO  -  870 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      52 1 >T Index 1,795.47 +55.13 1 COMP 876.40 +24.13 IIKKEI225 8,588.52 +352.65 1ANG SENG 15,127.51 +369.12 SET INDEX 447.01 +22.22 JAKARTA COMP 1,348.29 +85.32 1ANILA COMP 1,903.53 +9.79 ;eoulcomp 1,180.97 +77.15 iHENZHEN B 289.18 +13.14 IUMBAI IND 10,099.91 +409.84 )OW 8,579.11 -50.57 IASDAQ 1,564.32 +23.60 ;&P 500 887.88 +8.15 =TSE
      52 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.51 HONG KONG 5.00 INDONESIA 16.493 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 2.00 US 3.25 CANADA 3.50 SWITZERLAND 2.02 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 US: 1.444 ;us$/s$ 1.506 2.175 EURO (US$,S$/E) Foreign currency p 1.426 per US$ 2.058 S$ 'EN 88.60 61.40 3.466 2.401 ya 7.750 5.368 !AHT 34.51 23.90 lUPIAH 10,963 7,593 lENMINBI 6.838 4.736 INDIAN RUPEE 47.11 32.63 1.451 1.005 1.719 1.191
      41 words
  • Article
    Lock icon Banks brace for tough year ahead
    843 1  -  CONRAD TAN Lending set to contract on tighter credit standards By [SINGAPORE] As 2008 draws to a close, banks here are bracing themselves for what may be the toughest year for the Singapore banking industry since at least the Asian financial crisis. Having suffered
    843 words
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      45 1 8 *****1 *****4 Lifestyle Spa and Fitness Centre. 10 Scotts Road Singapore *****1 TH_EPHONE 6738 1234 FACSIMILE 6732 1696 singapore.grand.hyatt.com Reg. No. *****1909E I The trademark HYOTT and related marks are trademarks of Hyatt International Corporation. ©2008 Hyatt International Corporation. All rights reserved. I I
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      70 1 BizlT US STOCKS SHIPPING ART OF WAR I —I —I NEC Asia confident Expecting a cheerless Piracy vigil Zap for Sun Tzu's strategies! E£f&B! of 20% growth in '09 finish to the year R. in the Gulf of Aden Win an Epson wireless PAGE2B PAGE 2 \\i' PAGEB projector! PAGE
      70 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Banks brace for tough year ahead
        77 2 AS 2008 draws to a close, banks here are bracing themselves for what may be the toughest year for the Singapore banking industry since at least the Asian financial crisis. Having suffered heavy losses from soured investments and volatile financial markets this year, banks
        77 words
      • Article
        Lock icon Developers defer new projects, cutting supply of 1,000 units
        68 2 AT LEAST 1,000 projected new apartment units can be expected to be withdrawn from immediate supply in Singapore's property market, as properties that were sold en-bloc in recent years are put back on the market for rental. The latest of these
        68 words
      • Article
        Lock icon S'pore widens lead as top Asian investor in Japan
        81 2 SINGAPORE has extended its lead as Asia's biggest investor in Japan, pumping US$2.5 billion in direct investments into the country in the first nine months of this year. The sum is 86 per cent of the total that Asia invested in
        81 words
      • Article
        Lock icon Macquarie expects stock rally next year to peter out
        70 2 EQUITY markets in Asia are expected to start recovering from Q2 next year but the bounce is likely to be short-lived, according to Macquarie Research chief strategist Tim Rocks. In his outlook report for 2009, Mr Rocks said the expected rebound,
        70 words
      • Article
        Lock icon International schools not affected by expat job losses
        70 2 IF EXPATRIATES are leaving Singapore, they appear to be leaving their kids behind at least for now. While expats are losing their jobs and being sent home amid leaner economic times, international schools here appear to be unaffected. Virtually all five schools
        70 words
      • Article
        Lock icon Obama stimulus plan stirs debate
        86 2 PRESIDENT-ELECT Barack Obama's vast public works spending plan has stirred fresh debate on the 1930s New Deal and whether such Great Depression programmes would be useful today. Some economists see a desperate need for a big stimulus programme investing in infrastructure along the lines of
        86 words
      • Article
        Lock icon China offering Taiwan firms 130b yuan loans
        79 2 CHINA has offered 130 billion yuan (Ss2B billion) of loans for Taiwan companies operating on the mainland as the ruling parties of both governments laid out proposals to boost financial ties. Beijing will provide the financing over three years and also buy US$2
        79 words
      • Article
        Lock icon Data Domain rides storage boom in Asia
        51 2 EVEN as most technology companies brace themselves for the fallout from the current bear market, California-based storage specialist Data Domain is maintaining its bull run as businesses continue to splurge on technology systems to help cope with an ever-increasing information load. BIZIT, PAGE
        51 words
    • Article
      Lock icon Cheerless year-end for US as hopes of rally peter out
      944 2  -  ANDREW MARKS WALL STREET INSIGHT Market's failure to sustain rally on Fed moves fans bearish views on economy By in New York IF a US$l7 billion lastminute bailout for GM and Chrysler, a historic interest rate cut and virtual declaration
      944 words
    • Article
      Lock icon IMF chief fears deeper slowdown next year
      308 2 Reuters [LONDON] International Monetary Fund chief Dominique Strauss-Kahn said a lack of fiscal stimulus by governments to tackle the global slowdown may make a bad 2009 even worse, according to an interview released yesterday. Mr Strauss-Kahn told BBC radio that the IMF may
      – Reuters  -  308 words
    • Article, Illustration
      Lock icon Obama bolsters stimulus as outlook worsens
      667 2 -NYT He seeks to create 3m jobs in next 2 years, say advisers [WASHINGTON] Faced with worsening forecasts for the economy, Presi-dent-elect Barack Obama is expanding his economic recovery plan and will seek to create three million jobs in the next two years, up
      -NYT; REUTERS  -  667 words
    • Article, Illustration
      Lock icon Thai finance minister faces major challenge
      572 3 Reuters He has to prevent economy from going into recession [BANGKOK] Thailand's new finance minister, Korn Chatikavanij, is a political novice but his career as an investment banker made him the investors' choice even before his appointment was confirmed. Taking a key cabinet job
      ■ Reuters; AFP  -  572 words
    • Article
      Lock icon S'pore widens lead as Asian investor in Japan
      639 3  -  CHUANG PECK MING USs2.sb invested in first 9 months accounts for 86% of total from Asia By [SINGAPORE] Singapore has extended its lead as Asia's biggest investor in Japan, pumping US$2.5 billion in direct investments into the country in the first nine
      639 words
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      109 2 Panasonic <sSw*£w^ ideas for life J^^^^X CLEAR ADVANTAGE L^^^T FOR THE SKYPE GENERATION i g^flk I With seamless wireless router and Wi-Fi phone, the Panasonic Skype Travel Bundle promises I superior sound quality, battery life and more. Get yours today at our warehouse sale! M PHONE ROUTER SOLUTION CONVENIENT SETUP
      109 words
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  • Page 3 Advertisements
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      189 3 FThe 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 your
      189 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Possible window-dressing aside, it's not yet time to be bullish
      729 4  -  R SIVANITHY STOCKS LAST week, analysts issued a number of reports that should be of great relevance and interest to stockmarket investors. The first was Morgan Stanley's Dec 18 report on Singapore property titled "Too Early To Turn Positive" which,
      729 words
    • Article
      Lock icon Asian units continue to climb, yen reaches 13-year highs
      476 4 ■AFP CURRENCIES [HONG KONG] Asian currencies continued their rise against an ailing US dollar last week, with the Japanese yen leading the charge to hit another 13-year high. Japanese yen: The yen rallied to 13-year highs against the dollar as the
      ■AFP  -  476 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      269 4 (cts) date close date Pac Brew ak 18.000 28-Jan 30-Jan 10 Feb isiatravel.Com ak 1.100 05-Feb 09-Feb 19 Feb lUstraland P Gr[ ah 3.000 29-Dec 31-Dec 06-Feb lerebos Pac at 19.000 03-Feb 05-Feb 16 Feb lerebos Pac an 6.000 03-Feb 05-Feb 16 Feb :hina Flex bk 9.670 20-M;
      269 words
    • Article
      Lock icon Oil prices plunge to 4.5-year lows as commodities reel
      520 4 -AFP COMMODITIES [LONDON] Oil prices fell last week to their lowest levels since 2004 despite a record Opec output cut, while many commodities were dragged lower on fears of a looming global recession and weak demand. "Commodity markets have fallen back
      -AFP  -  520 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1698 4 Source: Reuters Company name Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Allgreen Properties Ltd 2.58 2.58 12 6.21 7.33 0.69 0.44 ARA Asset Mgt Ltd 2.00 2.00 6.75 5.56 0.81 0.38 Armstrong Ind Corp Ltd
      1,698 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 4 Dec 19 VALUE CLOSE BT OB/OS 517.00+64.00 BT CADI -*****.00 +79.00 BT 10-day MA -*****.00 +52.00 FTSE ST Mid Cap 361.44 +0.76 FTSE ST Small Cap 297.93 +3.53 FTSE ST All Share 429.74 -0.15 FTSE ST China Top 188.71 -3.48 FTSE ST China 189.35 -2.44 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 4 VOLUME Golden Agri 359,145,000 China Honqxinq 158,876,000 Straits Asia 151,253,000 RafflesEdu 140,575,000 Sing Tel 127,531,000 Gent Intl 120,593,000 Noble Grp 115,728,000 Cosco Corp 104,966,000 Yanlord 102,458,000 Capita Land 90,679,000 VALUE(S) DBS Grp 346,464,196 Sing Tel 339,779,274 Capita Land 273,507,470 UOB 234,659,696 OCBC Bk 143,903,404 Straits Asia 128,749,705
      62 words
    • Article
      Lock icon RISES
      121 4 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE UP 8330 409.8 3.5 GLD 10US$ JMH 1842 254.0 10.6 STXPO 100 995 145.0 17.1 DBS Bk6% NCPS 10 9440 140.0 1.5 JSH 985 127.0 9.8 S I A 1216 112.0 10.1 MS India
      121 words
    • Article
      Lock icon FALLS
      105 4 CLOSE DOWN 23 -34.5 -60.0 Broadwa 1 OCBCCai 5.1%NCPS 100 8570 -30.0 -0.3 DBS Gri 985 -25.0 -2. KS Enen 85 -20.0 -19.0 UOB 5.05%NCPS 100 8980 -20.0 -0.2 Caj iitalanRBePW*****3 29 -18.5 -38.9 DBS MBL iCW*****3 44.5 -15.5 -25.8 ir Mala1 10US$ 444 -14.4 -2.2 OCBC Bk 507
      105 words
    • Article
      Lock icon CURRENCIES
      87 4 iere« S$ stands Dec 19 %CHNG CLOSE FR Dec 18 YR2008 S$ LOW S$ HIGH USS 1.4495 -0.83 1.5346 1.3457 Euro 2.0394 1.95 2.2064 1.8640 Pounds 2.1867 1.28 2.8431 2.1348® AS 0.9952 1.62 1.3251 0.9068 Yen* 1.6329 0.23 1.6899 1.2619 Rupiah* 0.***** -1.28 0.***** 0.***** Baht* 4.2027 -0.66 4.4299
      87 words
    • Article, Illustration
      Lock icon All the portfolios chalk up gains
      1563 6  -  TEH HOOI LING FOR the second week in a row and the first time since our portfolios were established on Oct 17, 2008 all our portfolios were in the black. That is, all put on gains. The biggest advance last week was the one-year
      1,563 words
    • Article, Illustration
      Lock icon Buyers outnumber sellers by 28 to 7 despite rise in selling activity
      1397 6  -  ROBERT HALILI INSIDE MARKETS By BUYERS turned more cautious last week with only 28 companies posting 54 insider purchases worth $7 million, based on filings on the Singapore Exchange from Dec 15 to 19. The figures were not
      1,397 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Treat longs and shorts equally
      631 5  -  R SIVANITHY By WHEN asked what he thought of the recent proposal by the Singapore Exchange (SGX) to publish detailed short-selling information, a senior analyst said: "Why single out short-sellers for special treatment? They have done no wrong. If you want to improve disclosure, then
      REUTERS  -  631 words
    • Article, Illustration
      Lock icon Equities '09 rebound shortlived: Macquarie
      535 7  -  CHEW XIANG Although driven by export growth and fiscal stimulus, growth will still stall By EQUITY markets in Asia are expected to start recovering from Q2 next year but the bounce is likely to be shortlived, according to Macquarie Research chief strategist Tim Rocks. In
      FILE PHOTO  -  535 words
    • Article
      Lock icon COMPANY MEETINGS
      253 7 Ezra Hldgs A 15 Hoe Chiang Road, #19-01/02 Tower Fifteen, Singapore *****6 23-Dec 10.00am Soup Restaurant E 5 Shenton Way, #09-07 UIC Building, Singapore *****8 23-Dec 9.00am Aqua-Terra E 19Jurong Port Road, Singapore *****3 23-Dec 10.30am Jasper Investments E The Island Suite, Level 2, Marina at Keppel Bay,
      253 words
    • Article
      Lock icon PRIME LENDING RATES
      398 7 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of
      398 words
    • Article
      Lock icon Investment banking fees slide 30% in Asia-Pacific
      906 7  -  JAMIE LEE Recovery seen only in late 2009 as clients get pickier By WORKING with sullen capital markets has not been much fun this year, judging by the slippery slide in investment banking fees. And no significant pick-up is expected until the second
      906 words
  • Page 5 Advertisements
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      21 5 Lianhe Zaobao I @DDODQa DS I SmDjQDDDDD© I Listed Chinese I infrastructure I firms here I unlikely to I benefit much
      21 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      176 5 "bcT^P FIND THE ONES b^Hl -nruy THATFIT! doPi j Recruit the right people I_3 —4 Ci""" —>> P^ through CATS Recruit. 1 \^_J _J 3 C__ r-H Call 1800 289 8822 or email Vy> p^ I /j recruit@sph.com.sg to advertise. rv^y V^ ,~J i L/\ f^ Hxi£ S-^ P^ ~^s
      176 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      61 7 /HrlV I rr tmdr. cS^=« ffg^ffi»r~3rmga^ I 1 lit l\/Ts Jh iL IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by The international Enterprise Singapore.
      61 words
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      Lock icon Page 7 Advertisements Column 2
      152 7 I*^ EPSON EXCEED YOUR VISION for daily Sun Tzu's Art of War quotes t 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
      152 words
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  • FOCUS:PIRACY
    • Article, Illustration
      Lock icon S'pore vigilant to piracy threat
      1172 8 MFA says situation complex and multi-faceted, and beyond scope and capacity of any one country to resolve, writes VINCENT WEE SINGAPORE'S shipping lines are boldly taking the piracy threat in the Gulf of Aden in their stride, and so far it seems to be business
      AFP  -  1,172 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      1668 8 V*^L r> Toll free: 1800-289-8822 IV I fl If L V Email: notices@sph.com.sg JL Vfc-/ JL JL^^ 1* l 3 www.cats.com.sg CWT LIMITED (Company Registration No. *****0498 M) (Incorporated In the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the
      1,668 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      16 8 I LOCK+STORE] 6243 0600 teddy bears and jm jk *ii^iLisi^ 23 Bussorah Street, Singapore *****1 www.Bashasliears.com.sg
      16 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Good enough to eat
      229 9  -  ARTHUR LEE By THIS Bejewelled Sugar Art Cocktail Dress, believed to be the first of its kind in Singapore, is Chef Lee Lay's swan song after 43 years in the industry. Chef Lee, 59, a well-known award winning pastry chef took one month to conceptualise and
      ARTHUR LEE  -  229 words
    • Article, Illustration
      Lock icon Understand staff to retain them: consultant
      442 9  -  LEE U-WEN By BOSSES can spare themselves the hassle of exit interviews and keep their staff, if they can spot tell-tale signs of an unhappy employee early and prevent his resignation. And bosses can pre-empt problems if they take the trouble to do regular
      442 words
    • Article
      Lock icon Int'l schools' student numbers holding up
      593 9  -  CHUANG PECK MING But they expect fewer students next year as expats lose jobs, return home By IF expatriates are leaving Singapore, they appear to be leaving their kids behind at least, for now. While expats are losing their jobs and being sent home
      593 words
    • Article
      Lock icon Seminar addresses HR issues in tough times
      289 9  -  JONATHAN GAN By COMPANIES should address the four key areas of human resource talent management, retirement programmes, healthcare management and organisational learning especially in times of economic turmoil such as at present. This was the main message from a seminar held recently by
      289 words
    • Article, Illustration
      Lock icon E&Y raises $44,500 for Boys' Brigade Sharity Gift Box
      229 9 CLOSE to 50 Ernst Young staff in Singapore raised more than $44,500 for the Boys' Brigade Sharity Gift Box (BBSGB) this year. The money was contributed by Ernst Young staff and will be used to fulfil the Christmas wishes of over
      229 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      154 9 Agriculture USD A A A M A An j r±% M .^^.^X*V f RIC-C 12/12/08 6,59 SGD IV'^SSM (■K^BB^BBM IK^fl EEE usju^^suuEE■ jofi tJH Booster Capital Guaranteed Fund SGD RID 11/12/08 10,47 SGD OQI I^^Qyl^^Md Departs Daily Icroo^ap^seotor.usD^i Kuala Lumpur Malacca ■SWffHSSBHffiBHiH 'ot" '■:i":' i:' ili:! Road EQaHB^raiBSS Direct to
      154 words
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      90 9 o 111 111 m > OFF 30 selected 30 selected lunch dishes 50% off usuol price o 10% off ala<arte menu o Valid only on weekdays (Mon-Fri) except public holidays o 2-hour free parking (ample parking space) o Roof-top ambience; Indoor (Air-con) Outdoor Dining o Located at Leisure Park Kallang
      90 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Managing wealth in financial crisis
      1418 10 Portfolio managers need better education and training as tasks are more demanding now, write FRANCIS KOH and KLAUS SPREMANN HAVING a diversified investment portfolio has not cushioned high-net worth individuals and billionaires from huge losses in the global financial crisis. Even Warren Buffet, the investment
      1,418 words
    • Article, Illustration
      Lock icon Vegas 'gamble' that hit the jackpot
      834 10 CAMPUS LIFE NUS trio wins prize in CA Int'l contest on strategic value of IT management, writes RICHARD RUBNAN QUE WE, a team of masters students from the National University of Singapore (NUS), recently won US$5,OOO in Las Vegas. It was our first visit
      834 words
    • Article
      Lock icon Be smart with your finances
      204 10 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 10 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon India, China can't yet offset US sales losses
      1095 11 -AP Americans still buy five times as much as two countries' shoppers combined [MUMBAI] They were supposed to keep the good times going: Prakash Shetty, caught recently thumbing through Singh is King DVDs at a mall in India, and Zhu Xiaolin, who
      -AP; REUTERS  -  1,095 words
    • Article
      Lock icon Japan banks' SME lending under watch
      424 11 AFP, Bloomberg Financial watchdog may punish those that withhold loans unfairly: report [TOKYO] Japan's financial watchdog may punish banks that it finds guilty of unfairly withholding loans to smaller businesses, in order to avert a credit crunch among such firms, a report said yesterday.
      AFP, Bloomberg  -  424 words
    • Article, Illustration
      Lock icon Obama stimulus plan stirs debate
      810 12 -AFP Some economists question 1930s New Deal approach to current maelstrom [WASHINGTON] Presidentelect Barack Obama's vast public works spending plan has stirred fresh debate on the 1930s New Deal and whether such Great Depression programmes would be useful today. Some economists see a desperate need
      -AFP; REUTERS  -  810 words
    • Article
      Lock icon Economist sees even chance of a US depression
      362 12 Bloomberg [WASHINGTON] The US economy has a 50 per cent chance of falling into a depression over the next three years, said Roger Farmer, a member of the National Bureau of Economic Research's economic fluctuations and growth programme. "There's a significant probability
      Bloomberg  -  362 words
    • Article
      Lock icon Fewer than 12% of Americans moved in '07
      471 12 -AP [WASHINGTON] Despite the nation's reputation as a rootless society, only about one in 10 Americans moved in the last year roughly half the proportion that changed residences as recently as four decades ago, census data show. The monthly Current Population Survey
      -AP  -  471 words
  • Page 11 Advertisements
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      82 11 flS^t To Our Brokers and Customers... All of us at AIG General Insurance want to thank you for your continued support during the last few weeks. It means a lot to us. We value our relationship with you highly and we look forward to serving you in the months, years
      82 words
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  • Page 12 Advertisements
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      154 12 LUXURY fcliiy^m^^^^^^^J^J A TREASURE TROVE OF MERRIMENT ¥eastmer^T^Zf: elections Ifk Festive Set Lunch Menu from $29++ Rouse the spirit or Noel and wheel in the New Year with savoury feasts at modern bistro grill 1U at l_-laymore, n r t c -j a. 1 ji- Christmas Eve 6 course Degustation
      154 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Classic S'pore dishes in a romantic setting
      662 13  -  Ch&ah Ui-Hoon NEW RESTAURANT Empress Jade The Jewel Box 109 Mount Faber Road Tel: 6377 9698 MOUNT Faber has one of the best views of the southern part of Singapore, a ravaged Sentosa island full of cranes notwithstanding. In fact, it is quite
      662 words
    • Article, Illustration
      Lock icon Drinks, dessert & fantastic view
      716 13  - Drinks, dessert fantastic view Audrey Phoon NEW RESTAURANT One On The Bund 80 Collyer Quay Clifford Pier Telephone 6221 0004 ONCE upon a time, Clifford Pier was known as Ang Teng Beh Tao (Red Lamp Pier) for its red oil lamp that guided the boats bringing immigrants and other seafarers
      716 words
  • Page 13 Advertisements
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      239 13 LUXURY i 7l W A MAGICAL MERITUS CHRISTMAS Whether you choose to soak up the festive atmosphere at Marina Bay or Orchard Road, celebrate this Christmas in style and splendour as you take your pick from our selection of Yuletide goodies and promotions! •A M Indulge in Marina Mandarin's innovative
      239 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Amcham does not expect layoffs in '09
      531 14  -  PAULINE NG By in Kuala Lumpur THE American Malaysian Chamber of Commerce (Amcham) does not expect the global recession to result in mass retrenchments at US firms next year, but has suggested power tariffs and corporate taxes be reduced to help the bottom
      531 words
    • Article, Illustration
      Lock icon Sime Darby heart deal raises too many questions
      565 14  -  S JAYASANKARAN MALAYSIA INSIGHT The govt seems to have been stopped in its tracks on its way towards allowing it to proceed IT WOULD appear that Malaysian public outrage has become an effective tool to contain heavy handedness on the part of
      565 words
    • Article, Illustration
      Lock icon Indonesian minister pegs slower '09 GDP, inflation
      352 14 Reuters [JAKARTA] Indonesia's economic growth is set to slow to 4.5-5.5 per cent in 2009 because of weak commodity prices, while easing inflation should allow it to lift domestic spending with more rate cuts, the finance minister said yesterday. Indonesia's economy grew 6.3
      ■ Reuters; REUTERS  -  352 words
    • Article
      Lock icon BURSA MALAYSIA
      2191 14 lee 19 RM C000) A& M Realty 0.35 AbricBhd 0.12 advance Synergy 0.09 Adventa Bhd 0.70 Ae Multi Hldgs 0.12 Win Holdings 1.34 Ahmad Zaki Resou....0.49 Aic Corp 0.42 AirasiaBhd 0.93 Akn Technology 0.13 alliance Financi 1.69 aluminium Co 0.82 Amalgamated Ind ....0.33 tomb Hldgs Bhd ....2.43 Vntel
      2,191 words
  • Page 14 Advertisements
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      137 14 UiUfti A O Bid price starts from $850 Bidding ends 11.59pm, 28 Dec 2008 Hurry, only 3 models up for grabs! BES'f HIUSIC t Jjti^jt -'^^J^ "J/**l^^^' DUOREST gT Ergonomic Chair ONLY ON Choice of green, blue or brown colour each J^ depending on availability H B^ PVf rt Patented
      137 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Wen reassures U students of job prospects
      606 15 Reuters He also promises more but unspecified steps to help economy [BEIJING] Chinese Premier Wen Jiabao, in a surprise visit to a Beijing university, tried reassuring students that they would be able to find jobs amid the current global economic woes, and promised
      Reuters; AFP  -  606 words
    • Article
      Lock icon Citic Pacific shareholders approve bailout from parent
      290 15 -AP [HONG KONG] Shareholders of Citic Pacific Ltd, the Hong Kong arm of a Chinese government investment firm, have approved a US$l.5 billion bailout from its parent company to cover losses from bad currency bets. A majority of independent shareholders voted in favour
      -AP  -  290 words
    • Article
      Lock icon China offering Taiwan firms 130b yuan loans
      409 15 Bloomberg Beijing, Taipei also agree on financial system proposals [HONG KONG] China has offered 130 billion yuan (Ss2B billion) of loans for Taiwan companies operating on the mainland as the ruling parties of both governments laid out proposals to boost financial ties. Beijing
      Bloomberg  -  409 words
  • Page 15 Advertisements
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      158 15 H0...H0...H0...y0ur way to the best parties and shopping this festive season Come to www.rednano.sg/map V 3*/ I Now optimised for Firefox 3, Safari and lE7 ■v i r\ n cuba libre pte ltd I IUMW B River Valley Road Clarke Quay I #01-13 Singapore *****1 Find nOt bars, COOL W^^A?
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  • INDIA
    • Article
      Lock icon SBI cuts rates by up to 100 bps
      533 16 Bloomberg Move, from Jan 1, follows the central bank's paring of rates to boost sagging growth [MUMBAI] State Bank of India, the nation's biggest, has announced a cut in interest rates on loans and deposits, following previous reductions after the central bank
      – Bloomberg  -  533 words
    • Article
      Lock icon No admin charge for 3G spectrum winners
      310 16 Reuters [NEW DELHI] India's telecoms commission, the top decision-making government body for the sector, has rejected the regulator's proposal to levy an administrative charge on firms winning 3G spectrum in an auction due in January, a spokesman for the federal telecoms ministry said
      ■ Reuters  -  310 words
    • Article, Illustration
      Lock icon ICICI appoints woman banker as new CEO
      413 16 Bloomberg [MUMBAI] ICICI Bank Ltd has appointed Chanda Kochhar as chief executive officer, making her India's most powerful businesswoman and handing her responsibility for reversing this year's 62 per cent stock slump. Ms Kochhar, 47 and currently joint managing director and chief financial
      Bloomberg  -  413 words
    • Article, Illustration
      Lock icon Symbolic reopenings for attacked hotels
      781 16 ■LAT-WP Prayer service, party with Bollywood stars to mark the events [MUMBAI] All approaches to the stately Taj Mahal hotel remain blocked by police checkpoints, and the smell of its charred woodwork continues to waft in the heavy air of Mumbai's crowded waterfront. But the
      ■LAT-WP; AFP  -  781 words
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      2588 16 V*l7 -lrTs^rr>T^T*'ri To"free: 180°-289-8822 X V^-/ JL JL^^ 1' kj www.cats.com.sg FORM 69 (3) IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT (CHAPTER 501 COMPANIES ACT, CAP. 50 NOTICE OF INTENDED PREFERENTIAL PAYMENT THE COMPANIESACT (CHAPTER 50) and Name of Company Jumbo Gold Factory Pto Ltd
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  • US HOUSING HYSTERIA
    • Article, Illustration
      Lock icon Global meltdown has roots in Bush belief
      1023 17 -NYT His housing, free market policies encouraged lax lending standards [WASHINGTON] The global financial system was teetering on the edge of collapse when US President George W Bush and his economics team huddled in the Roosevelt Room of the White House for a
      -NYT; AP  -  1,023 words
    • Article
      Lock icon US housing bubble stoked by '97 tax cut
      754 17 NYT [NEW YORK] Ryan Wampler had never made much money selling his own homes. Starting in 1999, however, he began to do very well. Three times in eight years, Mr Wampler himself a home builder and developer sold his home in the
      NYT  -  754 words
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      1867 17 w A MATH X^l V^>/ X. X^^^-Lk3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ARMSTRONG INDUSTRIAL CORPORATION LIMITED k (Incorporated in the Republic of Singapore) ARMSTRONG Company Number: *****3808K NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 531
      1,867 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Obama's vision for carmakers faces test
      743 18 -NYT Bailout gives him tool to prod industry to change, but will also test his resolve to push it in new directions [DETROIT] President-elect Barack Obama levelled a stern warning at General Motors and Chrysler on Friday after the federal government promised them billions
      -NYT  -  743 words
    • Article
      Lock icon Obama names science team to White House
      539 18 -AFP [WASHINGTON] Presi-dent-elect Barack Obama signalled a break with his predecessor, naming award-winning science and technology advisors to his White House team on Saturday. Mr Obama named John Holdren, an award-win-ning environmental policy professor at Harvard University, to head the Office of Science
      -AFP  -  539 words
    • Article, Illustration
      Lock icon Major hurdles ahead for rescued carmakers
      620 18 Reuters This breaks from Bush's focus, which was more on politics [DETROIT] General Motors Corp (GM) and Chrysler LLC have averted a muchfeared collapse, for now. But the real work starts now: A wrenching restructuring that mirrors many of the steps typically undertaken in
      Reuters; BLOOMBERG  -  620 words
    • Article, Illustration
      Lock icon S Korea reforms stymied by dysfunctional parliament
      621 18 Reuters Only a dozen from hundreds of measures passed [SEOUL] The biggest obstacle to reforms needed to guide South Korea's economy through the global financial crisis is a dysfunctional parliament where debate has been replaced by sledge hammer- swinging MPs. The presidential office
      – Reuters; AP  -  621 words
    • Article
      Lock icon Flaws in managed accounts fail Madoff investors
      427 18 Reuters [ZURICH] Managed accounts seen as a way to give investors clarity on fund strategy and protection from fraud may have failed on both counts in the Madoff debacle and lessons will have to be learned, industry insiders said. Investors sometimes choose to
      – Reuters  -  427 words
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  • WORLD
    • Article, Illustration
      Lock icon Hedge funds return to their roots
      668 19 -Reuters Industry shrinking as losses balloon, but trend could prove healthier in long run [LONDON] Hedge funds are set to return to their roots as niche products for the happy few as they have been unable to deliver the gleaming returns they were promising
      -Reuters; AP  -  668 words
    • Article, Illustration
      Lock icon Aborted Chanel art show a sign of sector's woes
      557 19 -AFP [PARIS] Chanel fashion's decision to call off a prestigious but costly global art show is the latest sign that even the shine of the luxury industry is beginning to dim due to the crisis. While big profits are still on
      -AFP; REUTERS  -  557 words
    • Article
      Lock icon ISPs roped in to fight music piracy
      219 19 Reuters [LOS ANGELES] The Recording Industry Association of America said that it is abandoning mass lawsuits against Internet users who steal music, and instead would work with Internet service providers to discourage piracy. The RIAA, which represents major US record labels, will have
      Reuters  -  219 words
    • Article
      Lock icon Warner orders YouTube to remove content after talks fail
      479 19 iiii>^ *****11 ij Reuters [NEW YORK] Warner Music Group ordered You Tube last Saturday to remove all music videos by its artists from the popular online video-sharing site after contract negotiations broke down. The order could affect hundreds of thousands of
      iiii>^ 1111111 *_/ ij ■ Reuters  -  479 words
    • Article
      Lock icon More US firms trim pension contributions
      518 19 -NYT [NEW YORK] Companies eager to conserve cash are trimming their contributions to their workers' 401 (k) retirement plans, putting a new strain on America's tattered safety net at the very moment when many workers are watching their accounts plummet along with the stock
      -NYT  -  518 words
  • Page 19 Advertisements
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      86 19 fir Dimensions: (W) 800 mm x (H) 1798 mm x (D) 694 mm Gross Capacity: 593 L Features include LED Sunlight (Vitamin Factory), Automatic Ice Maker, Soft Freezing, Anti-bacterial Deodoriser Non-CFC Refrigerant In deep stainless colour FREE delivery L_4_ MITSUBISHI Wm. ELECTRIC Changes for the Better HOW TO ZAP: Download
      86 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Airlines' premium sales slide on
      439 20  -  YEN SREENIVASAN Oct's 6.9% drop follows Sept's 8% dive and 3 straight falls before that By [SINGAPORE] The seemingly inexorable decline in higher yielding air passenger traffic continued through October as premium travel numbers fell another 6.9 per cent, signalling worsening economic conditions worldwide. The
      439 words
    • Article, Illustration
      Lock icon Freight derivatives lose lustre as players beat hasty retreat
      811 20 Reuters [SINGAPORE] Freight derivatives are falling out of favour as traditionally conservative shipowners and brokers back out of the sort of speculation on volatile freight rates that has just claimed its highest-profile victim. Speculative capital has evaporated, and the economic crisis
      – Reuters; BLOOMBERG  -  811 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2589 20 AIRLINE CODES: AA American Airlines AF Air France (AFR), Al Air India Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW). BG Biman Bdnyiduwn m ttP u, v, ~uy d, D,u,,e M _>dn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      2,589 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.26 0.20 1.01 0.32 0.70 0.47 ....unch ....unch
        103 words
      • Article
        Lock icon KLSE
        36 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.56 8.70 8.35 2.45 2.36 unch 0.08 unch 0.20 unch -0.04 0.01 unch unch 37 1643 925 541 10 0 101
        36 words
      • Article
        Lock icon BANGKOK
        12 20 ■oo ■recious Ship Jegional Cont 10.90 6.90 -0.50 -0.15 2331 1063
        12 words
      • Article
        Lock icon HONGKONG
        12 20 '000 )ec Doil iingamas Cont 18.40 0.58 -0.08 3050 0.03 *****
        12 words
      • Article
        Lock icon PHILIPPINES
        22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.00 13.50 2.40 0.90 unch -1.00 0.28 unch 2371 307 2 250
        22 words
      • Article
        Lock icon TAIPEI
        22 20 Evergreen Marine ....15.50 :irst Steamship 33.00 /Van Hai Lines 15.05 r"ang Ming Marine...10.95 -0.25 -1.10 -0.45 -0.25 7 9 3 22
        22 words
      • Article
        Lock icon TOKYO
        40 20 '000 (awasaki Hvylnd ..185.00 2.00 ***** (awasaki Kisen 379.00 -13.00 7347 Mitsubishi Hvy 377.00 -6.00 ***** Mitsui Eng&Sbldg... 141.00 1.00 4635 Mitsui Osk Lines 548.00 -23.00 ***** Mippon Express 368.00 -11.00 3878 MipponYusen 518.00 -8.00 6275 iource: Thomson Reuters
        40 words
    • Article
      Lock icon Minister suffers Port Klang Free Zone headache
      505 20  -  PAULINE NG By in Kuala Lumpur MALAYSIAN Transport Minister Ong Tee Keat yesterday conceded that the ambitious but fledgling Port Klang Free Zone (PKFZ) project was "a big headache". His admission ahead of an independent report by audit firm PricewaterhouseCoopers (PwC) on alleged
      505 words
    • Article
      Lock icon Malaysia gives Ok for new budget terminal
      167 20 -AFP [KUALA LUMPUR] Malaysia has approved plans by budget carrier Air Asia and conglomerate Sime Darby to build a new low-cost terminal within reach of the capital, according to media reports. The new terminal, to be called "KLIA East Labu", will be built
      -AFP  -  167 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      402 20 CRYPTIC CROSSWORD 9 Investigating officer chasing a __PHL_HH__BBJ__HH]__HB]__HB]__HB]__ quantity unknown to Monte- 9 I I I i II I zuma, for example (5) 10 A true cocktail chaser for ||Hj j^H H| Wml i'iii'i-'ii ~^~~^n 11 Environment partially pro- I I I I tected by Panama (7) wKt |Hj H!
      402 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9185 21 Week ended: Dec 19 Hi! Low Code Com| )anj Sale 12 3 3148 STelecom 17 3 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30.5 12 5000 ABR Hldgs 19 6 1938 AEI Corp 14 1 1100 AEM 29 7 2101 APOil 101 26.5 5550 ARA 12
      9,185 words
    • Article
      Lock icon SGX CATALIST
      598 22 Hii !-wks Tel Low Code Com[ Sale COOP) Hi; Low Bui Seller Cvr P/E fmfi 20 9 1181 s AAGrp 32 16 8538 s APStrategic 5.5 1 1501 s Advanced System 38 12.5 3518 s Afor 25.5 2.7 1524 s Alantac 20 3.5 7814 s Albedo 17 1.5
      598 words
    • Article
      Lock icon SGX XTRANET
      685 22 52-Wk Tel High Low Code Last Sale Vol COOP) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil Com Hi< ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 385 158
      685 words
    • Article
      Lock icon CLOB INTERNATIONAL
      779 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      779 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      120 22 Stock name Close Change Stock name Close Change Stock name Close Change Caj i Land 3.300 +0.240 JSH 9.850 -0.410 SIAEm 2.110 -0.070 Caj iMall 1.690 -0.010 Jardine CSC 10.500 +0.200 SPH 3.140 +0.020 Cit' 6.980 +0.410 Kej Con 4.470 -0.020 ST En. 2.360 -0.020 Cosco
      120 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      98 22 Up Down Unch Up Down Unch Up Down Undi Multi Ind 12 2 3 0 0 0 12 2 3 Manufacturing 86 68 58 10 12 96 80 67 Commerce 30 21 20 33 26 24 r/O ms 21 16 21 17 Finance 28 15 28 16
      98 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      114 22 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 126,422 126,422 249,066 249,066 Manufacturing 1,023,754 85,424 1,109,178 591,342 3,964 595,306 Commerce 275,869 32,312 308,181 285,162 5,278 290,440 ]t/Stor/Comms 435,940 869 436,809 702,531 110 702,641 Finance 147,785 16 147,801 917,499 917,500 Construction 105,320 8,372 113,692 10,184 100 10,284 Pro]
      114 words
    • Article
      Lock icon STOCKS ASIA
      2714 22 Transaction date: Dec 19 For a full listing of the closing prices, log on to BT online at http://buslness-tlmes.aslal.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,714 words
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      28 21 Sole Distributor Service Centre: AUiJEMABS PJGUET {SINGAPORE) PRIVATE LIMITED ...j^^^Bi S^^^a^|j^gj|(|gM^jiPj|M^HwP^*!^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 *4^£fll f£?r*~^^^^^^^^^^ Internet: Http://www.audemarspiguet.com
      28 words
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      28 22 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. IB IV^^H The Business Times
      28 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 19 World Index Preliminan 667.4 0.2 -41.0 1.0 -42.1 -1.1 -42.8 EAFE Preliminai 638.1 -0.5 -43.1 -1.1 -45.0 -3.2 -45.6 Euri Preliminan 898.7 -0.7 -41.8 -2.2 -47.9 -4.2 -48.5 Pacific 526.5
      365 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 23 As at 9am Dec 19 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9840 1.0170 Can dollar 1.1880 1.2020 Euro 2.0460 2.0720 NZ dollar 0.8350 0.8550 Sterlini 2.1580 2.1860 US dollar 1.4300 1.4490 Local dollars to 100 units of foreign currency:
      131 words
    • Article
      Lock icon INTERBANK RATES
      171 23 Dec 19 fer Overnight 1-month 2-months 3-months Overnight mode: 1/2 ys$ 7/16 3/4 7/8 15/16 Offer 5/16 1/2 5/8 11/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.25 0.80 1.50 1.70 2.00 2.20 2.30 Offer 0.10 0 40 1
      171 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 23 Dec 19 ten Hii Sett STI SIMSCI Dec 217.9 222.5 218.5 Taiwan Dec 178.0 179.6 177.5 Source: MF Global (S) He. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 23 Dec 19 S! Bid Offer 1-month 1.4432 1.4449 2 months 1.4426 1.4445 3 months 1.4424 1.4442 6-months 1.4406 1.4426 Source: OCBC
      24 words
    • Article
      Lock icon PALM OIL
      65 23 Dec 19 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jan 09 1535 Feb 09 1536 Mar 09 1525 Apr 09 1538 Total o/p:***** contracts 1542 1545 1515 1535 1542 1510 1536 1548 1509 1537 1550 1515 Turnover:
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      293 23 Dec 19 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.8250 98.8800 98.8500 98.7200 ***** 4061 3516 2345 EUROYEN TIBOR FUTURES MarO9 99.205 99.440 JunO9 SepO9 DecO9 Mar10 Jun10 Sep10 DedO 99.205 99.440 99.485 99.530 99.530 99.435 99.375 99.350 99.370 1533 1 12
      293 words
    • Article
      Lock icon SICOM FUTURES
      193 23 Dec 19 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Jan 09 126.0 Feb 09 Mar 09 Apr 09 140.0 May 09 140.0 JunO9 140.0 125.0 138.0 138.0 138.0 125.0 129.0 133.5 139.0 139.0 140.0 21 154 154 142
      193 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 23 Dec 19 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****N 19.03.09 1-Year BY*****V 02.11.09 0.55 0.74 0.55 0.55 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
      89 words
    • Article
      Lock icon CHICAGO BOT
      104 23 Dec 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 09 868.25 869.50 869.50 859.50 Mar 09 872.50 874.50 873.75 864.50 May 09 883.75 886.00 885.00 876.25 Jul 09 895.00 897.25 896.00 887.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 09 30.60 30.70 30.87
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 23 CRUDE OIL PRODUCTS 5 Dec 18 CRUDE (FOB origin) USS/barrel Close Change Brent blend (1-Mth F) 44.06 -1.65 WTI (Near Mth) 36.49 -3.93 Dubai (1 -Mth F) 43.64 -0.74 Tapis blend 46.40 -0.30 Minas 42.10 -0.40 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 31.82 61.40 -0.50 -1.00 USS/barrel
      79 words
    • Article
      Lock icon INTERBANK CROSS RATES
      462 23 Dec 19 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.840 4.712 0.483 5.341 32.466 75.548 0.611 8.890 2.389 1.185 54.725 32.307 0.995 6.659 0.744 22.416 23.779 0.458 0.689 Canada 1.191 5.611 0.576 6.360
      462 words
    • Article
      Lock icon SIBOR
      76 23 Dec 19 1 mth 0.***** 0.***** 2 mths 1.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 1.***** 9 mths 1.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) 0.***** 1.***** 1.***** 6mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid
      76 words
    • Article
      Lock icon PRECIOUS METALS
      169 23 Dec 19 GOLD (USS/oz) Dec 18 Dec 19 GOLD BULLION COINS (S$) Sellini Hong Kong 866.00 847.60 867.00 848.60 Dec 19 Dec 18 London 837.65 848.70 839.65 850.70 Source: Thomson Reuters (S$) Selling Buying 1 oz 1353.55 1217 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $475.08 389
      169 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 23 Dec 19 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 0.9941 0.9958 0.6889 0.6894 Canadian dollar 1.1839 1.1857 0.8204 0.8208 Euro 2.0570 2.0596 1.4255 1.4258 NZ dollar 0.8390 0.8407 0.5814 0.5820 Sterlini ind 2.1733 2.1760 1.5061 1.5064
      157 words
    • Article
      Lock icon LONDON METALS
      69 23 Dec 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1480.00 1457.50 3 months 1516.00 1494.00 Copper, Grade A (US$/tonne) Cash 3 months 2896.50 2930.00 2845.50 2880.00 Lead (US$/tonne) Cash 3 months 844.50 851.00 916.80 925.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 9658.00 9775.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      66 23 Dec 19 COCOA (Btonne) Close Prev Hii ih/Low Mar 09 1774 1790 1822/1752 May 09 1762 1778 1805/1755 Jul 09 1762 1780 1806/1761 SepO9 1744 1760 1770/1770 COFFEE (US$/tonne) Close Pev High/Low Jan 09 1801 1861 1845/1800 SUGAR (US tonne) White Close Prev High/Low Mar 09 307.1 325.5 324.9/305.4
      66 words
    • Article
      Lock icon BONDS & WARRANTS
      2587 23 BONDS WARRANTS Fel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 6 0.5 susp 1 1 17 156 1.50 1246 13.00 44 20 S092 Asia Environment W*****4 1481 Asia Water Tech
      2,587 words
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      Lock icon Page 24 Advertisements Column 1
      2660 24 m The Business Times Shipping Times ijjj^^B BlCTJ^ffnHTffiffffTOTffißßtßß T WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r S^i __k!»E W^m^^H^MsBlBXMlSKmSSm TEL *****588 (14 LINES) FAX:*****163 V W^^^^lirT^^^^ll EmH laWßTnlg \\\M 1 IA/AN HAI INpN Customer Servi<e/Boc.kings Direct Line (1800) *****200 X A M^ l*l»\»li iffSß WBBB N^ linll I Inl LI lib
      2,660 words
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      Lock icon Page 25 Advertisements Column 1
      3135 25 RICKMERS-LINIE -^^h^y^^^ IITTA EASTERN CAR LINER, LTD I (jM c^me Convening. Se r v,e^_ website: www,,^^. |-^J SPECAUZE IN RORO HEAVY L.FT UPTO 450 TON^l WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov ~l SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN
      3,135 words
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      Lock icon Page 26 Advertisements Column 1
      5066 26 IS! BBHHH _s AmmmL ~,ZSS I Fia glory navigation group. W^^MI^KSSSfKIS&S&IIKSKM MINI Ml north west express line »£4*_**u*i&»^tf] MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS HaltsAtE aRBIVaL [laIES SINCE 1970 Mgfl VESSEL VOY Singapore Merak/Jakarta Fremantle Coras Island Christmas Island Pasir Gudang OWNS OPERATES THE YOUNGEST FLEET PCL/PHL SERVICE AMX
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  • BizIT
    • Article, Illustration
      Lock icon Data Domain rides storage boom in Asia
      525 27  -  WINSTON CHAI Asia-Pacific currently accounts for around 8% of the firm's worldwide sales By EVEN as most technology companies brace themselves for the fallout from the current bear market, storage specialist Data Domain is maintaining its bull run as businesses continue to splurge
      525 words
    • Article
      Lock icon Need a ride? Check your iPhone
      394 27 -NYT [NEW YORK] Soon you may no longer need to stick out your thumb to catch a ride. Instead, you may get one by tapping your fingers on your iPhone. Avego, based in Kinsale, Ireland (www.avego.com), is demonstrating an iPhone application intended to let
      -NYT  -  394 words
    • <what's up>
      • Article
        Lock icon No slowdown for collaboration software
        125 27 DESPITE the global downturn, the collaboration software market is set to grow further in Asia, according to Springboard Research. In a new study, the Singapore-based research firm predicts that this market, which includes e-mail, Web conferencing, social networking and other collaboration solutions, will grow at
        125 words
      • Article
        Lock icon IDA inks deal with Trinidad and Tobago
        64 27 SINGAPORE has extended its e-government footprint into the Caribbean. The Infocomm Development Authority of Singapore (IDA) and Trinidad and Tobago's Ministry of Public Administration (MPA) last week inked a pact for cooperation and to accelerate the roll-out of e-government services there. This Memorandum
        64 words
      • Article
        Lock icon Fortinet appoints channel sales manager
        37 27 ENTERPRISE security vendor Fortinet has appointed ex-Ingram Micro accounts manager Dennis Tan as its Singapore channel sales manager. Mr Tan will take charge of recruiting, managing and expanding Fortinet's channel partners here.
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      • Article
        Lock icon Singapore invention gets FCC endorsement
        79 27 AN invention by the Institute for Infocomm Research (PR) that can detect TV white-space signals has been endorsed by the US Federal Communications Commission (FCC). Such devices could become important as TV white-space the unused part of the spectrum space assigned to TV broadcasters are
        79 words
      • Article
        Lock icon Side Effects Software opens A-Pac HQ here
        96 27 DIGITAL animation and visual effects software firm Side Effects Software has set up its Asia-Pacific headquarters in Singapore. Besides running regional operations from here, the Canada-based firm also plans to collaborate with local digital media schools as well as industry players on skills
        96 words
    • Article
      Lock icon The road to online viewership gold at the Olympics
      867 27  -  TINA CHEE &lt;you say&gt; For Spore to sparkle after Beijing, its media firms must deliver a wide range of multimedia experiences for Web users at YOG By FOR 17 days in August this year, more than 10,000 top athletes from all
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    • Article
      Lock icon NEC Asia confident of 20% growth in '09
      818 28 Firm is optimistic that telecoms demand will remain despite downturn, writes AMIT ROY CHOUDHURY NEC Asia, a wholly owned subsidiary of NEC Corp which looks after the Asean region and India, is confident of growth next year despite the current downturn. Kiyofumi
      818 words
    • Article
      Lock icon Elite TED meeting to make live webcast debut
      237 28 AFP [SAN FRANCISCO] An elite conference touted as "the ultimate brain spa" for its mind-altering themes will webcast live for the first time when it convenes in California in February. Known for attracting Hollywood stars such as Cameron Diaz and Forest Whitaker
      AFP  -  237 words
    • Article, Illustration
      Lock icon Classy workhorse with a few misses
      856 28 &lt;cool stuff&gt; Sony Ericsson's new flagship smartphone, the Xperia XI, has good looks and superb features but can be laggy at times, says ONG BOON KIAT A SOLIDLY-HEWN metal chassis, a satin-smooth finish and a quartet of funky notification lights that pulsate gently in
      856 words
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      • Article
        Lock icon SingTel launches online HR service
        128 28 SMALL and medium-sized businesses looking for a managed Human Resource Management (HRM) solution can now turn to Sing Tel. The telco last week introduced Sing Tel HR Assist, an online and hosted solution that can help manage employee data, payroll and staff leave. It also
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      • Article
        Lock icon Sun's open source operating system
        61 28 ENTERPRISE systems giant Sun Microsystems has updated its open source operating system (OS) Open Solaris. Now called Open Solaris 2008.11, the new OS features new functionalities and performance gains. It has also been optimised for current Intel Xeon and AMD Opteron processor technologies, as well
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      • Article
        Lock icon Fujitsu targets small businesses
        107 28 FUJITSU Asia has launched Primergy NX6SO, a network attached storage (NAS) system that lets small and medium-sized businesses (SMBs) share files over a network, as well as perform functions like background shadow copy creation, data backup, data recovery and Web-based console management. Based on a blade
        107 words
      • Article
        Lock icon Portable office storage from Suzuki
        109 28 SUZUKI Technology has unveiled the MIMIC GO MG-2605, a one-touch portable mobile office storage device. It features a function that lets users duplicate their PC environments on any Windows PC, from which users can securely access their office data like e-mail, address books and office
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      • Article, Illustration
        Lock icon Logitech earphones for audiophiles
        104 28 AIMING at portable music listening audiophiles, Swiss computer peripheral maker Logitech has launched three new high-end earphones from its Ultimate Ears line: the $269 Super.Fi 5; the $299 Super.Fi svi; and the $399 Super 5 Pro. Featuring a noise isolating design, wide frequency response and high
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    • Article
      Lock icon China blocks access to NYT's website
      316 28 -NYT [HONG KONG] Chinese authorities have begun blocking access from mainland China to the website of The New York Times even while lifting some of the restrictions they had recently imposed on the websites of other media outlets. When computer users in cities like
      -NYT  -  316 words
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      30 27 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists thpacrp LI ledge m aim P^ Raffles Conversations \V^&gt;X\V\\ SJv**N* AcollectionfromThe Business Times V**.\ Wt"^' P% Availableatallleadingbookstores V*V^V\\\A J X%•
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