The Business Times, 12 January 2009

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Microfilm: NL29639
Total Pages: 32
1 32 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 •m A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, January 12,2009
    20 words
  • Article, Illustration
    Lock icon Satyam CFO arrested, new board appointed
    565 1 Bloomberg, Reuters Board to focus on restoring credibility, customer confidence [HYDERABAD] Deepak Parekh, chairman of Housing Development Finance Corp, and two directors were appointed to run Satyam Computer Services Ltd as India detained the software company's founder in the nation's biggest corporate fraud. "First
    Bloomberg, Reuters; AP  -  565 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      55 1 Weekly CI 1,806.02 lange -23.69 ST Index KLCOMP 919.07 +24.71 NIKKEI 225 8,836.80 -22.76 HANG SENG 14,377.44 -665.37 SET INDEX 459.06 +9.10 JAKARTA COMP 1,416.67 +61.26 MANILA COMP 1,984.88 SEOUL COMP 1,180.96 +23.56 SHENZHEN B 285.02 +13.74 MUMBAI IND 9,406.47 -551.75 DOW 8,599.18 -435.51 NASDAQ 1,571.59 -60.62 5&P 500
      55 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.63 HONG KONG 5.00 INDONESIA 16.783 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 1.50 US 3.25 CANADA 3.50 SWITZERLAND 0.52 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      46 1 US$ (S$ ier US$) 1.479 (USS/SS per 1.524 2.254 EURO (US$,S$/E) Foreign currency 1.368 )er US$ 2.022 S$ YEN 91.20 61.70 RM 3.543 2.396 HK$ 7.758 5.247 BAHT 34.85 23.57 RUPIAH 10,975 7,423 RENMINBI 6.834 4.622 INDIAN RUPEE 48.69 32.93 1.412 0.955 NZ$ 1.686 1.141
      46 words
  • Article
    Lock icon The night falls on Q4
    1035 1  -  JAMIE LEE Size of provisions may provide downward surprises despite lowered expectations By [SINGAPORE] They say it's the darkest before dawn so the night starts here. Welcome to the Q4 earnings season. As Singapore and the rest of the world burrow into recession, poor Q4
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      1 1 8"*****1"*****4'
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      67 1 SPORE BUDGET I VOLVO I BizlT I ART OF WAR I Jobs and taxes OCEAN RACE HKi i^ Lenovo Asia-Pac Zap for Sun Tzu's strategies! m» topwishlist What a spectacle! MgF moves HQ to Beijing Win an Egg Pod chair! PAGES 12,13 PAGE 10 Wm^ PAGE 32 PAGE 10 I
      67 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Size of Q4 provisions could be a surprise: analysts
        81 2 AS Singapore and the rest of the world burrow into recession, poor Q4 2008 results are a foregone conclusion, although analysts say the size of provisions could still shock. And given the dismal outlook for this year, FY2009 corporate profits would
        81 words
      • Article
        Lock icon Satyam scrambles to retain customers, save jobs
        84 2 DEEPAK Parekh, chairman of Housing Development Finance Corp, and two directors were appointed to run Satyam Computer Services as India detained the software company's founder, Ramalinga Raju, in the nation's biggest corporate fraud. The new management will work to retain Satyam's customers and
        84 words
      • Article
        Lock icon Wall St on edge ahead of Q4 earnings season
        80 2 A SLEW of major US companies, including Intel and Wal-Mart, have issued earnings warnings, and Alcoa announced it will be laying off 13,500 employees by the end of 2009. Analysts and companies have been warning about how poor the fourth quarter
        80 words
      • Article
        Lock icon Credit crunch scuppers deals for local firms
        53 2 THE market downturn and credit crunch have busted several deals for local companies in the last few months, ranging from share and note issues to physical asset sales. It is a development that does not come as a surprise to market watchers. TOP
        53 words
      • Article
        Lock icon Shattering of NEL's electronic dreams
        62 2 THIS electronic components supplier had once dreamt big to dominate the Asian market by 2007. It set the pace among listed companies in financial reporting and waved the flag of corporate governance best practices. But NEL Group, the former Nucleus Electronics, now finds itself coming
        62 words
      • Article
        Lock icon 3G licences drive up China telecom-related stocks
        89 2 CHINESE telecom-related stocks soared last week as investors picked up stocks they believe could gain from the upcoming launch of 3G services in China. In a bid to bolster its economy that has slowed to a 5-year low, Beijing government on Jan 7
        89 words
      • Article
        Lock icon Spring S'pore clears way for more loan applications
        51 2 WITH effect from today, all small and medium enterprises will get free help to navigate loan paperwork. Spring Singapore has launched a new Financial Facilitator Programme aimed at helping SMEs apply for loans under recently enhanced government financing schemes. SINGAPORE NEWS, PAGE
        51 words
      • Article
        Lock icon Now super mobile broadband on the go
        73 2 MOBILE broadband users in Singapore can expect to enjoy super fast downloads on the go as the Republic's top two mobile phone operators get ready to upgrade their networks. Both Star Hub and Singapore Telecommunications are working to upgrade their mobile broadband networks
        73 words
    • Article, Illustration
      Lock icon Market on edge ahead of Q4 earnings season
      955 2  -  ANDREW MARKS WALL STREET INSIGHT Investors may find the 15% consensus loss forecast hard to digest, say analysts By in New York IT was a rough first full week of the new year for Wall Street, as almost all the news coming
      AP  -  955 words
    • Article, Illustration
      Lock icon Budget terminal tussle puts M'sia in a spot
      711 4  -  S JAYASANKARAN NEWS ANALYSIS By in Kuala Lumpur THE TUSSLE to build and manage Malaysia's new low-cost carrier terminal (LCCT) between Sime Darby and Air Asia on one hand and Malaysia Airports Holdings (MAHB) on the other is not just about the
      AFP  -  711 words
    • Article
      Lock icon Credit crunch scuppers deals for local firms
      512 4  -  EMILYN YAP Sale of businesses, property deals, IPOs, note issues all hit by tighter credit market By [SINGAPORE] The market downturn and credit crunch have busted several deals for local companies in the last few months, ranging from share and note issues to
      512 words
    • Article, Illustration
      Lock icon Hand it to Vikram Pandit
      410 4  -  ROB COX CITI/MORGAN STANLEY By WHEN Vikram Pandit took over Citigroup just over a year ago he showed no inclination to fiddle with the structure of the hulking bank. That was before the company incinerated US$l5O billion of market value. Now the cerebral chief executive
      410 words
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      467 2 2009 Ernst Young Solutions LLP. All Rights Reserved. _fe__T Budget seminar 2009 Restoring confidence in the economy Budget 2009 is about taking action to restore economic confidence and put Singapore Thursday, 5 February 2009 back on the path to growth. It is about helping businesses and individuals survive this 9:00
      467 words
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      Lock icon Page 2 Advertisements Column 2
      203 2 CHUA CHORTECK MEMORIAL 23 rd Annual Lecture Offshore Engineering m Research and Education jL by Professor ChooYoo Sang, Director (Research), Centre for Offshore Research Engineering, National University of Singapore Energy demand requires a steady replenishment of known reserves in onshore and offshore oil gas fields. Challenges faced by the industry
      203 words
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      28 3 Mt^^Mf M^^^^^ ___r^^^^^ I Imr *m I __r 'aiMMw^lfltf 'I ____________tA ii. M ■^*>*t___]^'^^M m -~m^ _?*_^t^\ m mr!-r _!v___^ Mr O\& -<At >T r— _t _fl I
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      36 4 Application Deadline: 30 April 2009 J____Bml3* '^S^^M_wSMl^^^^^_\ Tel: (65) 6516 7800 life l'" Z~ '•®£_fMll_e&V_^_Z-_. Z'-' :M____\___\__Wr' V" v s^H .^H______H Z£_Wi -.-<-..-... Proud to be a member of .'Z -""-rxg-fas.'"*- '•■:_^l^^v 7.- 7, ;__________________ii V^Tflffjr L^^.y.^-^il
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      316 4 Notice to the Holders of: (i) Minibond Series 1 S$ 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,
      316 words
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  • COMPANY NEWS
    • Article
      Lock icon NEL goes from model company to debacle
      933 5 CORPORATE FOCUS It won a governance award but is now in round-tripping case, says LYNETTE KHOO THIS electronic components supplier had once dreamt big to dominate the Asian market by 2007. It set the pace among listed companies in financial reporting and waved
      933 words
    • Article, Illustration
      Lock icon Corporate fraud scandals can happen anywhere
      459 5 Reuters [SINGAPORE] When it comes to corporate fraud scandals, nowhere is safe. Revelations of a US$l billion fraud at Indian information technology firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in emerging markets
      – Reuters; AFP  -  459 words
    • Article
      Lock icon COMPANY MEETINGS
      304 7 Japan Land E Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Level 3, Meeting Room 314, Singapore *****3 12-Jan 9.30am Star Pharmaceutical E Raffles Town Club Ballroom, 1 Plymouth Ave, Singapore *****3 12-Jan 3.00pm Raffles Edu E Raffles Education Campus, 99 Beach Road, Singapore *****1 12-Jan 11.00am
      304 words
    • Article
      Lock icon PRIME LENDING RATES
      401 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
      401 words
    • Article, Illustration
      Lock icon 3G licences drive up China telecom-related stocks
      670 7  -  LYNETTE KHOO Longcheer, Sinotel among companies expected to benefit from new business By CHINESE telecom-related stocks soared last week as investors picked up stocks they believe could gain from the upcoming launch of 3G services in China. In a bid to bolster its
      670 words
    • Article, Illustration
      Lock icon Training, not layoffs, is the SATS recipe
      410 9  -  NISHA RAMCHANDANI Cross-training and re-skilling will help create a dynamic workforce: exec chef By THE catering arm of Singapore Airport Terminal Services (SATS) is unlikely to resort to lay-offs, choosing instead to cross-train its people and tap synergies to boost productivity in these
      410 words
    • Article, Illustration
      Lock icon Thailand's AIS won't be selling iPhone
      165 9 [BANGKOK] Advanced Info Service, Thailand's largest mobile phone operator, said on Friday it had failed to reach agreement with Apple Inc to offer the 3G iPhone in the Thai market. "We don't accept Apple's proposal to bring iPhone to the Thai market because we
      FLE PHOTO  -  165 words
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      206 5 m\^^^^ H&p^^^^^^^^^^l Improving lives through ■*\?s^\ H®jj c&S^li <^Mp: advanced technologies. '^tr mate*. -> \__j____^__tj____m' Hitachi Advanced Open MRI w ,^_^k^m mmtos-msm Qujck> re|jab|e and co M st effective dL,- A ~*'_A 9j fi Hitachi's goal is to empower society in every aspect with %L\J|sl/V<" y §^s'%Hm^^ advanced and eco-friendly
      206 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon As always, an overvalued Wall St is the main problem
      700 6  -  R SIVANITHY STOCKS LAST week's column strongly advised investors to be sceptical about the year-end rally and to sell into strength at every opportunity, or risk getting caught in yet another bear trap. As it turned out, after a Monday
      700 words
    • Article
      Lock icon Asian currencies rise against dollar on US jobs data
      436 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the dollar, as news of another half-million US job losses provided more evidence of an ailing US economy. Japanese yen: The yen gained ground against the dollar during the
      -AFP  -  436 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      247 6 Payment (cts) Ex Books Pay date close date Payment (cts) Ex date Books close Pay date Asia Pac Brew ak 18.000 28-Jan 30-Jan 10 Feb Mi; roshi Precision ak 0.300 08-Jan 12-Jan 29-Jan Asiatravel.Com ak 1.100 05-Feb 09-Feb 19 Feb PNE Ind an 0.200 09-Feb 11-Feb 27-Feb Popular
      247 words
    • Article
      Lock icon Oil and gold prices drop, but cocoa hits record high
      513 6 -AFP COMMODITIES [LONDON] Commodity prices traded mixed last week, as oil dropped, metals diverged and cocoa hit a record peak in London, at the start of what is expected to be another tough year for global financial markets. Commodities rode
      -AFP  -  513 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1512 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llgreen Prop perties 2.58 2.58 12 6.14 7.49 0.69 0.46 ,RA Asset Mgt 2.00 2.00 2 6.25 6.16 0.66 0.38 .rmstrong Industrial 1.50 1.50
      1,512 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Jan 9 VALUE CLOSE BT OB/OS 521.00+47.00 BT CADI -*****.00 +79.00 BT 10-day MA -*****.00 +52.00 FTSE ST Mid Cap 384.93 +2.11 FTSE ST Small Cap 316.85 +3.59 FTSE ST All Share 437.89 -3.28 FTSE ST China Top 201.17 -1.70 FTSE ST China 199.34 -2.15 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 874,322,000 China Honqxinq 338,757,000 Straits Asia 220,101,000 Cosco Corp 217,170,000 Chart SemiCond 211,387,000 Noble Grp 205,286,000 Capita Land 155,691,000 Diqiland 155,281,000 IndoAqri 134,699,000 Oceanus 119,982,000 VALUE(S) DBS Grp 915,014,582 Capita Land 507,598,951 DBS R 300,684,120 Sing Tel 295,582,163 Keppel Corp 277,512,710 Golden Agri 261,379,635
      60 words
    • Article
      Lock icon RISES
      118 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE UP 2050 319.2 11.8 JMH OCBCCai 5.1%NCPS 100 9050 310.0 3.5 JSH 1098 158.1 10.8 STXPO 100 1106 129.0 13.2 DBS Bk6% NCPS 10 9720 90.0 0.9 Mala 1 ia 10US$ 503 87.2 13.3 OCBC Bk5.1%NCPS
      118 words
    • Article
      Lock icon FALLS
      105 6 CLOSE DOWN 8412-319.2 -2.5 GLD 10US$ China H 10US 996-127.1 -7.9 STI 2500SGAePW*****9 111 -59.0 -34.7 UOB 1280 -58.0 -4.3 HK Land 217 -57.6 -15.2 >r India Ni 10 866 -55.0 -6.' ir MS India 10US$ 754 -51.7 -4.. Kej RBePW*****6 133 -49.0 -26. STI 2100SGAePW*****9 27.5 -42.0 -60.4
      105 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      87 6 lan 9 CLOSE CHNG FR Jan 8 YR 2008/2009 S$ LOW S$ HIGH USS 1.4795 0.20 1.5346 1.3457 Euro 2.0198 -0.29 2.2064 1.8640 Pounds 2.2460 -0.56 2.8431 2.0663 AS 1.0444 -0.29 1.3251 0.9068 Yen* 1.6217 -0.60 1.6899 1.2619 Rupiah* 0.***** 0.20 0.***** 0.***** Baht* 4.2466 -0.06
      87 words
    • Article, Illustration
      Lock icon Portfolios grow 4.7% on stocks surge
      1536 8  -  TEH HOOI LING A DEGREE of risk appetite has returned somewhat to the stock market, at least in the first nine days of 2009 recent profittaking notwithstanding. Our six portfolios advanced by an average of 4.7 per cent. In comparison, profit-taking in blue chips
      1,536 words
    • Article
      Lock icon 2008 most active year for buyers, least active for sellers since 2001
      1266 8  -  ROBERT HALILI INSIDE MARKETS By -2008 was a very challenging year for directors as the market plunged to a five-year low of 1,600 in the fourth quarter, ending the year down by more than 49 per cent to
      1,266 words
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      31 7 Relive the excitement Revive your jewels We remake, you remember Gold Silver Handcrafted since 1946 302 Orchard Rd #6-04 A Tong Building (Rolex Centre) Contact 6733 0263 Open 11am-7pm Mon-Sat www.morethandiamonds.com.sg
      31 words
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      45 7 Exchanging experiences with senior executives. Sharing of ideas by international faculty. i 3 __P*" He's bringing out his best at SIM. _P5 __F _____r _____v TtJ> University at Buffalo If J| C I IV VI GLO BAL > The State University of New York ml*J* EDUCATION
      45 words
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      347 9 K^NANYANG sH___P TECHNOLOGICAL UNIVERSITY Wee Kirn Wee School of Communication and Information m^M^M^M**^^ MSc jn Knowledge Management *f I Application is Now Open -_A^__l ____Pi^_-___________- \_v_t_&^^l^^9s\ MSc in Knowledge Management prepares professionals who can champion and implement knowledge management initiatives in their organisations. The MSc in Knowledge Management is a
      347 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Spring clears way for more loan applications
      431 10  -  ARTHUR SIM SMEs to get free help with financing strategies By WITH effect from today, all small and medium enterprises (SMEs) will get free help to navigate loan paperwork. Spring Singapore has launched a new Financial Facilitator Programme (FFP) aimed at helping SMEs
      431 words
    • Article, Illustration
      Lock icon MP set on fire, police arrest attacker
      340 10  -  JAMIE LEE By A MEMBER of Parliament (MP) suffered up to 15 per cent burns yesterday after he was set on fire by a disgruntled man who did not get a $200 handout, ChannelNewsAsia (CNA) reported. Another man was also burned as he
      FILE PHOTO  -  340 words
    • Article, Illustration
      Lock icon CLASS ACT
      153 10  -  ARTHUR LEE ARTHUR LEE BALANCE, poise and perfect timing. The Fujian Province Acrobatics Troupe kept weekend shoppers at Raffles City enthralled with a fine display of high-quality performances. During the 30-minute show one performer cycled on a two-metre tall mono-cycle and succeeded in stacking three bowls tossed up
      ARTHUR LEE  -  153 words
    • Article, Illustration
      Lock icon Singaporeans treated to unique spectacle at sea
      734 10  -  VINCENT WEE VOLVO OCEAN RACE Reports by' IT was an event-filled weekend at the Volvo Ocean Race 2008-2009 Singapore Stopover at Sentosa Cove's One Degree 15 Marina Club, with the ÜBS-spon-sored in-port challenge and the pro-am race taking place on Saturday and yesterday
      RICK TOMLINSON/VOLVO OCEAN RACE  -  734 words
    • Article, Illustration
      Lock icon Irish go all out to build ties in Asia
      376 10 THE Irish Business Association is one of the few noncommercial organisations to take full advantage of the networking opportunities made possible by the Volvo Ocean Race Singapore stopover. Despite the presence of much bigger teams from larger countries, Saturday was all
      DAVID BRANIGAN/OCEANSPORT  -  376 words
  • Page 10 Advertisements
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      74 10 The famous "A Room Within A Room" concept originally designed by Eero Aarnio in 1996 Chic retro design H with white exterior H red interior cushioned B wall that is upholstered in fabric I Durable stylish w HI fiberglass shell W Swivels 360 degrees Removable interior cushions for easy cleaning
      74 words
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  • FINANCIAL CRISIS
    • Article, Illustration
      Lock icon Global strategy in an age of turbulence
      1083 11 NITIN PANGARKAR looks at why some firms do well even in a global meltdown ONLY a few years ago, before the sub-prime crisis erupted, globalisation and global strategy had become common buzzwords among managers. Few would have disputed that global strategies were good
      FILE PHOTO  -  1,083 words
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      267 11 z From routine servicing to unexpected repairs, r we bring you peace of mind. \\\\\\\\m 4* A A___rv_____ ww-u-u\* \_f 1 r v m. iv j' l\ 7. >" ___fe y _______________r j^' I__H __r A im A =^^fc* K^z^|^i r\ I W p^n ______F HH_l_l_^S_K__l^^M_H _fe_K_J^ =jrf v v
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon SAVE OUR JOBS
      4389 12 THIS WEEK'S TOPIC What specific measures with respect to protecting jobs and growing our long-term competitiveness and capabilities would you like to see in this year's Budget? What other measures should Budget 2009 include? Cut taxes Inderjit Singh Chief Executive Infiniti Solutions Pte Ltd COMPANIES are hit
      THE NEW PAPER  -  4,389 words
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      239 13 LUAUKY um s mmmummmmmmmmmmmmmmmmmmmmmm Mkt^^^^L Savour The Golden Goose Before It's Too Late prosperity buffet feast Avoid the wild goose chase this Lunar New Year and flock like Festive Periods Date Adult T Child Adult "I|"" hild ___T geese to Plaza Brasserie with the rest of your family and loved
      239 words
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  • BT-CITIBANK YOUNG INVESTOR'S FORUM
    • Article, Illustration
      Lock icon Managing other people's money
      889 14 An asset management industry veteran shares with JASON LOW what it takes to make the cut in her line SHE describes herself as an "accidental financial person" but Madeline Ho, managing director of FIL Investment Management (Singapore), is certainly no accidental success in the industry. Mrs
      I STOCKX.CHNG  -  889 words
    • Article, Illustration
      Lock icon Going the long distance
      846 14 CAMPUS LIFE SMU's own ironman Ashley Liew shares with MAYBEL CHONG the difficulties of balancing school work and a rigorous training schedule TAKING up some sports or going on an adventure seems to be what every undergraduate is doing these days outside his studies in the
      846 words
    • Article
      Lock icon Be smart with your finances
      204 14 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 14 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.
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  • DINING OUT
    • Article, Illustration
      Lock icon New outlet beefs things up
      586 15  -  Audrey Phoon NEW RESTAURANT Black Angus Steakhouse NUS Law Campus (Bukit Timah) 1D Cluny Road, Building number 4. Tel: 6468-1191 WHEN American beef imports were banned here a few years ago, steak restaurants turned to Australian beef as an alternative. After the ban was lifted
      586 words
    • Article, Illustration
      Lock icon Off to a promising start with classic French cooking
      700 15  -  Cheah Ui-Hoon NEW RESTAURANT Absinthe Restaurant 46 Bukit Pasoh Road Tel: 6222-9068 FOR a restaurant that's only been operational for a few weeks, Absinthe seems to have drawn a good dining crowd. The new restaurant's more established sister eatery, Oso, on
      700 words
  • Page 15 Advertisements
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      81 15 LUXURY U r DTTITC MARINA Asian Grace, Warmth Care M._L^LLU2 MANDARIN MANDARIN Singapore www.mentus-hote s.com Singapore managed bymemtus """l""'U"' iivwv.ik.vvii HOTELS ..RESORTS ■H HaMfm^-.-.<iiiVia. =,JB_ /f jf (C*V Enjoy special advertisement rates flflj L £g g£ggjffi _____W____W in this dedicated culinary environment. m m _^MM i Hm I -B-JMB ■Mffß
      81 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US jobs recovery likely to take months, say staffing firms
      802 16 -Reuters Fall in overtime and hours worked suggests more job losses ahead [NEW YORK] Any US job market recovery is at least several months away, staffing industry executives say, citing comments from customers, weak consumer spending and evidence in the
      -Reuters; BLOOMBERG  -  802 words
    • Article
      Lock icon Offer grads temporary jobs, UK tells firms
      324 16 Reuters [LONDON] Britain is urging companies to give temporary jobs to thousands of students finishing university courses this summer to counter a cutback in graduate recruitment due to an economic slowdown. High street bank Barclays and US software firm Microsoft have already agreed
      – Reuters  -  324 words
    • Article
      Lock icon Global mergers to remain subdued after 28% fall in '08
      695 16 ■AFP Venture capital and private equity deals also in the decline [WASHINGTON] The global financial crisis put a dent in corporate dealmaking in 2008, and activity will likely be subdued in 2009 with many deals being "mergers of necessity", analysts
      ■AFP  -  695 words
    • Article
      Lock icon Transactions in riskier bonds increase as investors get bolder
      871 16 Reuters They feel that it is safe to wander from the caution of US govt debt [NEW YORK] Recession or not, the hunt for yield is on. Investments in riskier bonds are picking up speed now that the worst year on
      Reuters  -  871 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Second stimulus plan needs speed boost
      670 17  -  PAULINE NG MALAYSIA INSIGHT Malaysia's Second Finance Minister has knowledged there would likely be a need for a second stimulus package this year. For many, nervous after the raft of data showing a sharper than expected decline in economic activity in the fourth quarter,
      670 words
    • Article, Illustration
      Lock icon Proton plans to enter new markets every year
      425 17 [KUALA LUMPUR] Proton Holdings Bhd plans to enter new markets every year and sell more cars overseas as the domestic market is too small to help the national carmaker grow its business, its newly appointed chairman said. "Proton has no choice but
      BLOOMBERG  -  425 words
    • Article
      Lock icon Tourist arrivals up 5.1% in '08
      150 17 Bernama [KUALA LUMPUR] Malaysia registered an increase of 5.1 per cent in tourist arrivals with 22.05 million recorded last year compared with 20.97 million in 2007, said Tourism Minister Azalina Othman Said yesterday. She said tourist arrivals last month alone registered a 9.2 per
      – Bernama  -  150 words
    • Article
      Lock icon Brokerage under Bapepam probe
      283 17 Reuters Trading accounts of some 8,000 retail investors frozen [JAKARTA] About 8,000 Indonesian retail investors have had their trading accounts frozen following an investigation by authorities into suspected fraud at a mid-sized brokerage, the firm and the regulator said last week. PT Sarijaya Permana Sekuritas was
      – Reuters  -  283 words
    • Article
      Lock icon AirAsia X to fly to 3 Japanese cities by year-end
      165 17 -AFP [KUALA LUMPUR] Long-haul budget airline Air Asia X yesterday said it hoped to launch flights to at least three destinations in Japan by the year-end after Tokyo relaxed its tough visa requirements for Malaysians. "With our new A 330-300
      -AFP  -  165 words
    • Article, Illustration
      Lock icon M'sia will hurt if racial unity collapses: Najib
      664 17 AFP, AP, Bernama [KUALA LUMPUR] Malaysia's economy will suffer and the country will break up if racial unity collapses, Deputy Prime Minister Najib Razak warned ahead of a key by-election. "No unity means no political stability. No political stability means we are
      – AFP, AP, Bernama  -  664 words
    • Article
      Lock icon BURSA MALAYSIA
      2194 17 Ian 9 RM ('000] \&M Realty 0.33 \bricBhd 0.11 Advance Synergy 0.09 \dventa Bhd 0.79 \e Multi Hldgs 0.18 \ffin Holdings 1.46 \hmad Zaki Resou ....0.50 \ic Corp 0.40 \irasia Bhd 0.92 \kn Technology 0.13 Alliance Financi 1.89 Aluminium Co 0.86 Amalgamated Ind ....0.30 \mmb Hldgs Bhd ....2.55
      2,194 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon M&A deals on Indian family businesses overvalued: Actis
      492 18 Reuters But Western private equity firms are drawn by prospects of bigger deal size [LONDON] Indian family businesses are still overvalued by 20 to 30 per cent, while the best value is to be found in China, Brazil and sub-Saharan Africa, a
      – Reuters  -  492 words
    • Article, Illustration
      Lock icon Stellar Chinese art market faces correction
      626 18 -AFP [BEIJING] Art markets around the world have taken a hit from the global financial crisis, and, say analysts, it could very well lead to a correction for the star performer: contemporary Chinese art. After a stellar period that began less than a decade
      -AFP |; AFP  -  626 words
    • Article
      Lock icon China relaxes guidelines to spur bank loans
      255 18 Reuters [BEIJING] China's banking regulator urged banks over the weekend to ramp up lending to help finance the government's 4 trillion yuan (*****.7 billion) economic stimulus package. In a 10-point plan posted on its website, the China Banking Regulatory Commission (CBRC) also encouraged
      ■ Reuters  -  255 words
    • Article
      Lock icon Disney to submit plans for China park
      541 18 -LATWP USs3.s9b Shanghai theme park to open in 2014, reports say [LOS ANGELES] The Walt Disney Co said last Friday that it would submit plans to build its first theme park in mainland China, targeting one of the largest and increasingly affluent markets
      -LATWP  -  541 words
    • Article
      Lock icon China AgBank now a joint stock company
      288 18 Reuters [BEIJING] Agricultural Bank of China has completed its conversion into a joint stock company, the bank said last Friday, marking another step in the state bank's transformation along commercial lines. China's Finance Ministry and Central Huijin, an arm of the country's sovereign
      Reuters  -  288 words
  • Page 18 Advertisements
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      50 18 L n ~~~_Jr Lianhe Zaobao £Z\^ Pressure from TODAYS fcfca*?* r anti-dumping laws BES'f OUtlOOk music China's ONLY on ISM* 11 Ql QCfyg 1 industry I TODfiVS BEST MUS.C **3$3E 0 J CATS Recruit X ±-~f\ The first step on f(L If your ladder to success vNj_^ 1 I 7J
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan aims to be major oil and gas player
      621 19  -  ANTHONY ROWLEY Nippon Oil, Nippon Mining to merge and compete for exploration rights By in Tokyo JAPAN looks set to become a major player on the international oil and natural gas exploration scene from later this year as a result of
      621 words
    • Article
      Lock icon Sanyo lowers profit forecast to zero
      540 19 AFP, Reuters It expects strong yen to wipe out full-year net profit entirely [TOKYO] Japan's struggling Sanyo Electric Co is set to downgrade its earnings forecasts for the year to March, expecting a strong yen to wipe out its net profit almost entirely, a
      – AFP, Reuters  -  540 words
    • Article
      Lock icon Philippines' San Miguel takes control of Petron
      183 19 -AFP [MANILA] Philippine food and drinks giant San Miguel Corp has taken control of the country's biggest oil refiner, Petron Corp, a statement said last Friday. San Miguel president Ramon Ang was elected as the new chairman of Petron replacing Nicasio Alcantara, who
      -AFP  -  183 words
    • Article, Illustration
      Lock icon Japan, S Korea agree to boost economic ties
      560 19 AP, Reuters [SEOUL] The leaders of South Korea and Japan agreed yesterday they must boost bilateral cooperation to weather the ongoing global financial storm, as the neighbours try to move beyond their bitter shared history. Japanese Prime Minister Taro Aso, who arrived
      AP, Reuters; AFP  -  560 words
    • Article
      Lock icon Japan's unemployed to work the land
      213 19 -AFP [TOKYO] Japan is planning to offer jobless people work in farming and fishing in hopes of bringing new blood to the ageing countryside amid a worsening recession, officials said last Friday. Japanese companies have slashed tens of thousands of jobs, many held by
      -AFP  -  213 words
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      1727 19 call 6-222 6868 now Account Serve for the Accounting Specialists www.Accountserve.com.sg w A WAR. In the Matter of iyniin_r™_i IN THE MATTER OF The Companies Act, Cap. 50 tub roMMMiK Srr THE COMPANIES ACT, CHAPTER 50 k A THE COMPANIES ACT, AND IN THE MATTER OF Ana CHAPTER 50 JOIN
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Obama spells out painful truths of US economy
      773 20 -AFP Crisis is portrayed as deepening to sway lawmakers to pass his stimulus plan [WASHINGTON] After surging to power as a prophet of hope, Barack Obama is becoming a harbinger of dark times ahead as he layers his inspirational rhetoric with hard
      -AFP; AP  -  773 words
    • Article
      Lock icon Obama plan: even his aides had doubts
      708 20 -AP [WASHINGTON] Several proposals in Barack Obama's mammoth economic recovery plan will result in only modest or even uncertain benefits if they become law. Says who? A pair of the president-elect's top economic advisers at least that was their view, in previous roles,
      -AP  -  708 words
    • Article
      Lock icon US law introduced to reinstate uptick rule
      208 20 Reuters [WASHINGTON] A member of a key US Congressional panel introduced a bill last Friday to reinstate a Depression-era rule aimed at regulating a type of trading blamed for contributing to Wall Street's meltdown. Democratic Representative Gary Ackerman introduced legislation to reinstate the
      Reuters  -  208 words
    • Article, Illustration
      Lock icon Few upsets expected in Thai by-election votes
      401 20 Reuters [BANGKOK] Thais went to the polls in 29 by-elections yesterday, but the results are unlikely to make much difference to the majority of new Prime Minister Abhisit Vejjajiva as he concentrates on measures to revive the economy. Few upsets are expected in
      ■ Reuters; AP w lo  -  401 words
    • Article
      Lock icon Federal Reserve's cash flood poses inflation risks
      449 20 Reuters Central bank may need to raise interest rates: Lacker [LINTHICUM, Maryland] The Federal Reserve's dramatic dumping of money into the economy poses inflation risks down the road, and the central bank may need to raise interest rates before credit markets have completely
      – Reuters  -  449 words
    • Article
      Lock icon US faces longest recession since WWII: economists
      411 20 -Reuters [WASHINGTON] The US recession will probably be the longest since World War II and could worsen without heavy government spending, according to a closely watched survey of economists released last Saturday. The Blue Chip Economic Indicators poll of 52 economists from top
      -Reuters  -  411 words
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  • WORLD
    • Article
      Lock icon Iran laundered billions via US banks: official
      739 21 NYT Some money may have been used to fund Iran's nuclear, missile programmes [NEW YORK] Iranian banks illegally shifted billions of dollars through American financial institutions in recent years, and authorities suspect some of the money may have been used to finance Iran's
      NYT  -  739 words
    • Article, Illustration
      Lock icon Recession leaves UK pets in the cold
      393 21 -AFP [LONDON] Britain may be a nation of animal lovers, but charities here are reporting a sharp rise in the number of pets abandoned as owners struggling with the downturn find they can no longer afford them. Stretched animal welfare organisations fear the
      -AFP; AFP  -  393 words
    • Article, Illustration
      Lock icon Merkel okays plan for Germany Fund
      479 21 Bloomberg [ERFURT, Germany] German Chancellor Angela Merkel yielded to pressure from within her ruling party to create a fund of as much as US$l35 billion to help ailing companies amid signs that the economic crisis has worsened. Ms Merkel signed off on a proposal
      – Bloomberg; AFP  -  479 words
    • Article
      Lock icon British govt plans talk with banks to boost lending to firms
      470 21 Reuters Banks to maintain supply of loans at 2007 levels [LONDON] The British government plans talks with banks about boosting lending to business after the Bank of England cut interest rates to a record low. Prime Minister Gordon Brown
      ■ Reuters  -  470 words
    • Article
      Lock icon Europe's banks face corporate credit woes
      544 21 Reuters [LONDON] Europe's scarred banks face a long haul to shake off their 2008 hangover as recession, political intrusion and further capital raising leave their valuations the lowest for decades far from being a bargain. European lenders face hefty losses as corporate and consumer
      – Reuters  -  544 words
    • Article
      Lock icon GMAC'S Merkin quits under Madoff cloud
      235 21 Reuters [NEW YORK] Ezra Merkin, one of the most prominent hedge fund managers embroiled in Bernard Madoff s alleged fraud scheme, will resign as chairman of GMAC LLC so the finance company will be eligible to receive US taxpayer funds. Mr Merkin, who founded
      – Reuters  -  235 words
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  • BOARD GOVERNANCE
    • Article, Illustration
      Lock icon Looking good versus doing well
      1862 22  -  MAX YUEN TEEN The Enron and Satyam scandals prove that it isn't enough to have a star-studded board of directors. In fact, it can be counter-productive By ENRON had a world-renowned accounting professor who used to be Dean of Stanford Business School chairing its audit
      REUTERS  -  1,862 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon A4OOM won't be ready before 2012: EADS
      522 23 Reuters Production of airlifter hit by delays in building turbo-prop engines [PARIS] Airbus parent EADS, seeking to bolster a troubled European military project, last Friday called for a renegotiated contract with Nato nations and indicated the A4OOM airlifter would not be ready before
      – Reuters; AP  -  522 words
    • Article
      Lock icon Expansion on the cards for Qatar Airways
      319 23 AFP [DUBAI] State-owned Qatar Airways expects to add new destinations and fly more passengers this year despite the global financial crisis that has hit the aviation industry, a company executive said yesterday. "We're resilient to what's happening in the markets," vice-president Ali al-Rais
      AFP  -  319 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2554 23 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN) Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), Airlines (BOU), BR: EVA Airways Corpn (EVA),
      2,554 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.27 0.19 0.88 0.33 0.80 0.48 0.04 0.60
        102 words
      • Article
        Lock icon KLSE
        33 23 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.57 8.70 8.70 2.68 2.42 0.03 -0.03 0.05 0.05 0.09 0.02 unch 340 336 370 1258 1 105
        33 words
      • Article
        Lock icon BANGKOK
        12 23 '00 'recious Ship Regional Cont 11.50 6.90 0.20 0.15 285' 193!
        12 words
      • Article
        Lock icon HONGKONG
        11 23 '000 JOil iingamas Cont 18.78 1.10 0.48 861 0.20 6977;
        11 words
      • Article
        Lock icon PHILIPPINES
        24 23 '000 Jan 'eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.00 13.50 unch unch -0.10 -0.75 unch unch 62 731 0 0
        24 words
      • Article
        Lock icon TAIPEI
        23 23 Jan Evergreen Marine ....15.10 :irst Steamship 34.75 /Van Hai Lines 13.05 fang Ming Marine...10.15 0.30 2.25 -0.25 0.15 4 12 4 10
        23 words
      • Article
        Lock icon TOKYO
        42 23 '000 Jan 'en (awasaki Hvy Ind ..207.00 -1.00 ***** Cawasaki Kisen 408.00 -2.00 7076 Mitsubishi Hvy 400.00 -3.00 ***** vlitsui Eng&Sbldg...165.00 unch 2967 vlitsui Osk Lines 593.00 20.00 ***** Mippon Express 371.00 -1.00 3214 MipponYusen 547.00 9.00 7501 iource: Thomson Reuters
        42 words
    • Article
      Lock icon Indonesian ferry with 250 passengers sinks
      484 23 Reuters [JAKARTA] An Indonesian ferry carrying 250 passengers capsized and sank after being battered by a large wave in bad weather in the country's east yesterday, officials said. Eighteen people including one of the crew had been rescued, said Bambang Ervan, a spokesman for
      – Reuters  -  484 words
    • Article
      Lock icon US airlines extends fare sales to keep planes full
      215 23 Reuters [CHICAGO] Post-holiday fare sales offered by US airlines are scheduled to last much longer than usual this year, reflecting pessimism by those carriers about the economy and travel demand. The sales, some of which extend into May, reveal a defensive
      – Reuters  -  215 words
  • Page 23 Advertisements
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      44 23 Sale of Launch Boat Best offers are invited for sale of launch boat. L Available for viewing if required. Please contact Tel *****259. Deadline for offer is 31st Jan 2009 to be addressed to: Ms Heidi Song POSH Semco Pte Ltd Email: heidis@paccoffshore.com.sg fl
      44 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      386 23 CRYPTIC CROSSWORD ACROSS I Sweet women, with it (10) fi I 2 ~~13 [4 I [5 IHe ~~f7 6 Peter's free from danger (4) 8 Server working from Bray a 9 Force the last of you into I H__^^ evening wear (6) 10 Just 38 OT books so severe? II
      386 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MINBOARD
      9207 24 Week ended: Jan 9 52-wks Tel |h Low Code Last Sale Vol ('000) Week Last Quote )h Low Buyer Seller Div GrYld C'vr Net P/E MCap $mil Hi* Com| )ati] Hii 11.5 3 3148 STelecom 15.5 3 5834 A-Sonk 110 100 6389 ABFSG I'.on.J I II 30.5 12
      9,207 words
    • Article
      Lock icon SGX CATALIST
      2030 25 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
      2,030 words
    • Article
      Lock icon SGX XTRTANET
      70 25 52-Wk Tel High Low Code Last Sale Vol ('000) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil Com _H|< ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 369 158
      70 words
    • Article
      Lock icon CLOB INTERNATIONAL
      76 25 52-Wk Tel High Low Code Last Sale Vol rooo] Week Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E Smil Comi Hii 103.2 36.5 6000 AVJennings 13 4 6134 Over&Gen 29.5 6 6017 StarCruises 266 104 6019 TanChonglnt ...A49 ...A8 US8.5 HK111 +11 unch +1 47
      76 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      124 25 Stock name Close Chan: Stock name Close Chan; Stock name Close Chan: litaLand 2.910 -0.110 JSH 10.980 -0.060 SIA En: 2.100 +0.010 litaMal 1.710 -0.030 Jardine C&C 10.100 -0.240 SPH 3.050 +0.010 :if 'Dev 6.200 -0.170 Kei >el Con 4.920 -0.080 ST En: 2.510 -0.010 Cosco
      124 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      102 25 Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 5 4 OOP 9 5 4 Manufacturing 117 61 47 12 18 129 70 65 Commerce 42 19 13 48 26 19 18 17 18 19 Finance 23 18 23 18 Construction 12 14 10
      102 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 25 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 138.749 138.749 399.502 399.502 Manufacturing 2.409.161 117.610 2.526.771 1.231.525 3.850 1.235.375 Commerce 575.959 130.285 706.244 418.318 23.520 441.838 ]t/Stor/Comms 689.902 965 690.867 952.610 81 952.691 Finance 316.278 30 316.308 1.914.486 1.914.488 Construction 178.258 70.835 249.093 15.627 796 16.423 Proi
      116 words
    • Article
      Lock icon STOCKS ASIA
      2854 25 Transaction date: Jan 9 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific !ank Of E Asia Jeida Jade Bird Jeijing
      2,854 words
  • Page 24 Advertisements
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      29 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. L IB mm The Business Times
      29 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      375 26 In local curr In SS In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 9 World Index Preliminan 680.2 -1.3 -39.9 -1.2 -40.0 -1.5 -41.8 EAFE Prel liminai 658.6 -0.8 -41.2 -0.9 -42.6 -1.2 -44.3 Euro[ Preliminan 929.9
      375 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 26 As at 9am Jan 9 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer Uist dollar 1.0410 1.0760 .an dollar 1.2440 1.2600 luro 2.0140 2.0370 IZ dollar 0.8720 0.8920 iterlini ind 2.2360 2.2620 IS dollar 1.4730 1.4900 .ocal dollars to 100 units if foreign
      129 words
    • Article
      Lock icon INTERBANK RATES
      175 26 Jan 9 s. Offer Bid Overnight 1/16 1-month 3/1 2-months 7/8 3-months 1 Overnight mode: 0.03 USS Offer par 1/2 5/8 3/1 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.40 0.70 1.40 1.60 2.10 2.40 2.50 Offer 0.10 0.30
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 26 Jan 9 ten Hii Sett STI IIMSCI Jan 223.3 225.0 218.7 "aiwan Jan 170.7 171.0 167.8 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Jan 9 S! Bid Offer 1-month 1.4779 1.4795 2-months 1.4777 1.4793 3-months 1.4775 1.4791 6-months 1.4765 1.4784 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      59 26 Jan 9 lelivery lonth Opening Sett Av Range Price Price Vol Open Done Position Hii Low Ian 09 1930 :eb09 1930 Vlar09 1910 <\pr09 1908 Total o/p: ***** contracts 1910 1941 1900 266 1039 1937 1952 1908 1301 ***** 1920 1948 1903 8059 ***** 1915 1946 1900 3030
      59 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      302 26 Jan 9 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES Vlar09 un09 >ep09 Dec09 99.0400 99.0950 99.0650 98.9350 ***** 5141 4103 1953 EUROYEN TIBOR FUTURES Vlar09 99.390 99.400 Iun09 99.505 99.510 iep09 99.535 99.535 Dec09 99.505 99.505 vlarlO 99.455 99.455 Iun10 99.395 99.395 >ep10 DedO 99.390 99.500
      302 words
    • Article
      Lock icon SICOM FUTURES
      190 26 Jan 9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Feb 09 Mar 09 Apr 09 May 09 Jun 09 154.0 Jul 09 153.5 153.5 153.5 150.0 153.2 158.0 158.0 158.0 158.0 48 64 128 630 630 958 945
      190 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 26 Jan 9 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****A 09.04.09 1-Year BY*****V 02.11.09 0.55 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*****X
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    • Article
      Lock icon CHICAGO BOT
      105 26 Jan 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 09 1037.50 989.00 1040.25 993.50 Mar 09 1036.00 989.50 1040.00 993.00 May 09 1045.50 1000.00 1049.00 1002.00 Jul 09 1056.25 1011.00 1059.00 1015.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 09 36.50 35.52 36.58
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 26 CRUDE OIL PRODUCTS Jan 8 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 46.99 -0.72 WTI (Near Mth) 41.77 -1.20 Dubai (1 -Mth F) 47.10 -3.46 Tapis blend 47.15 -5.75 Minas 44.05 -4.85 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 36.90 64.45 -2.87 -4.89 USS/barrel Opec
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    • Article
      Lock icon INTERBANK CROSS RATES
      463 26 Jan 9 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.840 4.841 0.518 5.496 34.492 77.747 0.646 9.512 2.510 1.195 55.946 33.366 1.047 6.863 0.775 23.479 24.688 0.465 0.708 Canada 1.191 5.767 0.617 6.546
      463 words
    • Article
      Lock icon SIBOR
      77 26 Jan 9 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 1.***** 0.***** 6 mths 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 1.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.*****
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    • Article
      Lock icon PRECIOUS METALS
      165 26 Jan 9 GOLD (USS/oz) Jan 09 Jan 08 GOLD BULLION COINS (Sj) Sellini Hong Kong 850.70 840.20 851.70 841.20 Jan 08 Jan 09 London 857.00 854.35 858.60 856.35 Source: Thomson Reuters (SS) Selling Buying 1 oz 1418.82 1278 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $497.55 408
      165 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 26 Jan 9 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.0464 1.0483 0.7081 0.7087 Canadian dollar 1.2467 1.2485 0.8436 0.8440 Euro 2.0206 2.0232 1.3673 1.3678 NZ dollar 0.8759 0.8775 0.5927 0.5932 Sterlini 2.2522 2.2550 1.5240 1.524! US
      157 words
    • Article
      Lock icon LONDON METALS
      69 26 Jan 9 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 1535.20 1520.20 3 months 1570.00 1555.00 Copper, Grade A (USS/tonne) Cash 3 months 3367.50 3400.00 3161.50 3195.00 Lead (USS/tonne) Cash 1212.00 3 months 1205.00 1156.50 1149.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      68 26 Jan 9 COCOA (Otonne) Close Prev Hii ih/Low Mar 09 1808 1836 1855/1802 May 09 1764 1788 1805/1757 Jul 09 1751 1769 1780/1748 Sep 09 1735 1748 1755/1733 COFFEE (USS/tonne) Close Pev High/Low Jan 09 2012 1952 2030/1960 SUGAR (US tonne) White Close Prev High/Low Mar 09 339.1 336.9
      68 words
    • Article
      Lock icon BONDS & WARRANTS
      2427 26 BONDS WARRANTS rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058 Advance Modules Grp W*****3 6 17 156 1.50 43 >036 Advance SCT Ltd W*****9 0.5 87 994 16.00 19 S092 Asia Environment W*****4 2 38 220 6.25 7 1481 Asia
      2,427 words
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      Lock icon Page 27 Advertisements Column 1
      2740 27 m The Business Times Shipping Times _M MrW_ W fll^f^ffffiJffyff^ffinßfffl I r WAN HAI INTERNATIONAL PTE LTD UEN: *****4.95 M WW^ _T^2 H||^SnHJSEgn3@Rgß_^___i__l__l___i 11%- ■■>_>■ ■■■,■_■_> TEL *****588 (14LINES) FAX:*****163 _W •^^W|Wl"t^ BtßaS BSBehMS \i\N I WAN HAI INpN Service/Booking. Direct Line (1800) *****200 MWW A __fm I I I
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      3022 30 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SlNDestjnName Name SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number
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  • BizIT
    • <what's up>
      • Article, Illustration
        Lock icon NetApp chairman to speak at IDA talk
        83 31 DAN Warmenhoven, the chairman and CEO of storage specialist NetApp, will deliver an address on challenges and trends surrounding data centre technologies on Jan 16. To be held at the Pan Pacific Hotel, the talk is part of the "Distinguished Infocomm Speaker" series
        83 words
      • Article, Illustration
        Lock icon New chairman at CASSIS International
        74 31 SMARTCARD solutions provider CASSIS International has appointed Tan Teong Hean as its new chairman. The veteran entrepreneur has more than 30 years of experience in managing and mentoring companies across diverse business sectors. Mr Tan was the former chief executive officer of Southern Bank, a
        74 words
      • Article
        Lock icon New digital marketing qualifications in Asia
        145 31 THE Asia Digital Marketing Association has partnered with the Institute of Direct Marketing (IDM) in the United Kingdom to introduce two new internationally-recognised courses for marketing professionals in the region. The new IDM Certificate programme is designed for marketers who implement digital and multi-channel
        145 words
      • Article
        Lock icon Emerson Network Power's new Asia chief
        80 31  -  WINSTON CHAI EMERSON Network Power has appointed Stephen Liang as its new president for its operations in Asia. Mr Liang was formerly the firm's helmsman for China but he will now take on the additional responsibility of overseeing other Asian subsidiaries. Before becoming Emerson's
        80 words
    • Article, Illustration
      Lock icon Now super mobile broadband on the go
      728 31 Sing Tel, Star Hub upgrading networks for super fast downloads, reports AMIT ROY CHOUDHURY MOBILE broadband users in Singapore can expect to enjoy super fast downloads on the go as the Republic's top two mobile phone operators get ready to upgrade their networks.
      STOCKXPERT  -  728 words
    • Article
      Lock icon Hidden prof its from customer service and support
      780 31  -  WING-DAR KER &lt;you say&gt; By TOUGH economic times often accentuate an organisation's creativity and ability to innovate in the ways they can generate new business or uncover new revenue opportunities from existing customers. This requires helping customers look at business problems through
      780 words
    • Article, Illustration
      Lock icon Palm unveils sleek new smartphone
      638 31 -NYT [LAS VEGAS] Seeking to revive its sharply fallen fortunes and produce a successor to its aging Treo device, Palm unveiled a sleek new smartphone, the Pre, last Thursday and an exclusive partnership with Sprint to distribute it. Palm executives said that the touch-screen device
      -NYT  -  638 words
    • Article, Illustration
      Lock icon Lenovo Asia-Pac HQ moves to Beijing
      726 32 Its big global restructuring plan also involves appointing a new regional chief and some local layoffs, reports WINSTON CHAI SINGAPORE has relinquished its role as Lenovo's Asia-Pacific headquarters under a massive global restructuring plan which also led to the appointment of a new regional
      AP  -  726 words
    • Article
      Lock icon SingTel aims for a head-start in high-speed broadband
      370 32  -  WINSTON CHAI By THE Republic's ultra-fast fi-bre-optic network may be three years away from completion but Singapore Telecommunications is already jostling for pole position in the country's new broadband arms race. BizlT understands that the operator has started looking into developing an
      370 words
    • Article, Illustration
      Lock icon Has the tiger had its meal?
      1138 32  -  AMIT ROY CHOUDHURY &lt;we say&gt; A quick probe, booking of the guilty can help Indian IT get back on its feet I T was like riding a tiI ger, not knowing I how to get off withI out being eaten." If it I hadn't
      1,138 words
    • <what's new>
      • Article, Illustration
        Lock icon Sony unveils feature-rich pocket-sized computer
        113 32 SONY is upping the ante with the launch of a new computer which promises to give users the power of a notebook in a form factor that is no bigger than a business envelope. The company's new Vaio P is a full-featured laptop packed into
        113 words
      • Article
        Lock icon Fuji Xerox goes budget with new lasers
        95 32 FUJI Xerox is keeping with the times with the launch of two new budget laser printers aimed at small businesses and home users. The Phaser 3124 is a standalone desktop laser printer, while the 3125/N can be shared as a networked printer between
        95 words
      • Article, Illustration
        Lock icon Logitech's new 'dream' maker for the bedroom
        111 32 LOGITECH is taking the iPod fever from the living room into the bedroom with the launch of the new Pure-Fi Dream. The speaker system is designed specifically for hooking up the iPod music layer in the bedroom and is touted to be the
        111 words
      • Article, Illustration
        Lock icon Sony Ericsson unveils new Cyber-shot phone
        123 32  -  WINSTON CHAI SONY Ericsson has introduced the C5lO, the latest addition to its line-up of Cyber-shot handsets. The new phone is touted to be the company's most affordable Cybershot handset to date but it promises to retain its predecessor's ability to take razor-sharp pictures.
        123 words
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