The Business Times, 14 January 2009

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Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg MW A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, January 14,2009
    20 words
  • 814 1  -  UMA SHANKARI NISHA RAMCHANDANI Hoteliers eye leisure visitors as corporate business set to fall By and [SINGAPORE] Hotels in Singapore are in for hard times, with analysts saying that double digit falls in room rates and occupancies could be on the cards in
    : DBSVickers, STB  -  814 words
  • 591 1  -  ANTHONY ROWLEY Shrinking global demand leads to factory closures, mounting fears of unemployment By [TOKYO] China's exports fell by 2.8 per cent in December their steepest fall in a decade it was reported yesterday as the global economic downturn continued to exert increasing
    591 words
  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.51 HONG KONG 5.00 INDONESIA 16.704 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
    • 47 1 uesi lane I COMP 913.70 -9.87 IIKKEI 225 8,41 3.91 -422.89 IANG SENG 13,668.05 -302.95 ;et INDEX 433.81 -18.99 JAKARTA COMP 1,399.73 -6.82 1ANILA COMP 1,996.04 -1.79 ;eoulcomp 1,167.71 +10.96 ;henzhenb 276.08 -7.70 IUMBAI IND 9,071.36 -38.69 11AM EST Charee )OW 8,486.95 +12.98 IASDAQ 1,555.97 +17.18
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    • 42 1 IS$ (S$ per US$) 1.490 (US$/S$ per 1.469 2.188 :uro (USS/SS/E) 1.328 1.978 Foreign currency per US$ S$ 'EN 89.20 59.90 3.579 2.402 IK$ 7.756 5.206 !AHT 34.95 23.46 WPIAH 11.195 7.515 lENMINBI 6.837 4.589 INDIAN RUPEE 48.92 32.83 1.483 0.995
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  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 68 1 1 SEAGATE I EXEC MONEY I SATYAM I ART OF WAR I I CEO replaced; 10% cut 2009: A year of Search is on Zap for Sun Tzu's strategies! in US workforce two halves for new auditor Win an Egg Pod chair! H M A PAGE 4 PAGE 32 PAGE
      68 words

  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 77 2 CHINA'S exports fell by 2.8 per cent in December their steepest fall in a decade it was reported yesterday as the global economic downturn continued to exert increasing pressure on the Chinese economy. The fall came after a 2.2 per cent drop in
        77 words
      • 79 2 HOTELS in Singapore are in for hard times, with analysts saying that double digit falls in room rates and occupancies could be on the cards in 2009. Hospitality consulting firm HVS International expects revenue per available room (RevPAR) to fall to $171
        79 words
      • 67 2 JAPAN'S crumbling economic fortunes were highlighted again yesterday when it reported a 66 per cent plunge in the current account surplus for November as exports collapsed. There was also a report that electronics giant and leading exporter Sony Corp will post an operating loss
        67 words
      • 69 2 SMALL businesses can best survive the global economic downturn by diversifying their markets and exporting freely, says British Trade and Investment Minister Gareth Thomas, who arrived in Singapore on Monday on the first leg of a 10-day swing through Asia. High on his agenda
        69 words
      • 60 2 EXPECTING the "worst recession in Singapore's history", Citigroup now believes that property prices could fall even lower than forecast so far. It also recommends a "sell" for property stocks covered (save one), saying that while these have recovered 30 per cent from 2008 lows,
        60 words
      • 79 2 THE worst is not over for Singapore banks, which are likely to face more earnings downgrades in coming days, Citigroup analysts said this week. The banks' fourth-quarter results due out next month will probably show weaker-than-expected net interest income from their main
        79 words
      • 49 2 AMID expectations of more layoffs this year, the Ministry of Health is bringing forward plans to recruit 6,200 workers in the public health sector and opening up more options for those making a mid-career switch to the industry. SINGAPORE NEWS, PAGE 9
        49 words
      • 87 2 SINGAPORE will be among the worst-hit Asian economies this year, but it is also likely to be one of the earliest to rebound strongly, HSBC economists said yesterday. Strong policy measures here and elsewhere, as well as sharply lower commodity prices, will support investment
        87 words
    • 43 2 Latest reports say Sony will post a massive operating loss this fiscal year, its first since 1995. Sources: Cloudy outlook: Behind Sony's poor prospects are faltering sales in the key US and European markets AP Sony Corp.;AP reports
      AP; Sony Corp.;AP reports  -  43 words
    • 470 2  -  ANTHONY ROWLEY Latest data on trade, earnings and credit bodes ill for economy By in Tokyo JAPAN'S crumbling economic fortunes were highlighted again yesterday when officials reported a 66 per cent plunge in the nation's current account surplus for November as exports collapsed.
      470 words
    • 440 2  -  CHEW XIANG OCBC demands payment of Ss2l.9mandUSs23.3m within three weeks By [SINGAPORE] Jurong Technologies Industrial Corp may have to repay OCBC Bank over 5556.5 million in loans by the end of the month or face winding up. The company, a contract manufacturer, said
      440 words
    • 445 2  -  r TEH SHI NING Minority here have them, compared to majority in Asia-Pac By [SINGAPORE] Companies in the Asia-Pacific region in general are likely to have formal, written severance policies in place, according to a survey conducted by human capital consultancy
      445 words
    • 597 4 -Reuters Police also picked up documents from auditor PwC [HYDERABAD] India's central bank is checking the exposure of local banks to fraud-hit Satyam Computer Services, as authorities widened their investigation into the country's biggest corporate scandal. Also, police collected documents from the Hyderabad offices
      -Reuters; AP  -  597 words
    • 484 4  -  LEE U-WEN High on minister's agenda is giving trade with Asian nations a boost By [SINGAPORE] Small businesses can best survive the global economic downturn by diversifying their markets and exporting freely, says British Trade and Investment Minister Gareth Thomas, who arrived
      484 words
    • 508 4 Bloomberg [NEW YORK] Seagate Technology, the biggest maker of hard-disk drives, replaced CEO William Watkins on Monday and plans to cut 10 per cent of its US workforce as sales slide. The stock fell the most in four years. Chairman Stephen
      – Bloomberg; FILE PHOTOS  -  508 words
  • Page 2 Advertisements
    • 447 2 Budget 2009 Date Minister for Finance, Mr Tharman Shanmugaratnam, will deliver his Budget Statement Friday 6 February 2009 Pwliament on Thursday, 22 January 2009. Time c Minister had announced in November 2008 that Budget 2009 will see a package of r. nr. i measures designed to provide .an expansionary effect
      447 words
    • 21 2 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words

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  • COMPANY NEWS
    • 640 5  -  ARTHUR SIM Citigroup, Goldman downgrade most of real estate stocks covered to 'sell' By EXPECTING the "worst recession in Singapore's history", Citigroup now believes that property prices could fall even lower than forecast so far. It also recommends a "sell" for property stocks covered
      ARTHUR LEE  -  640 words
    • 583 6  -  CONRAD TAN Q4 results may show weaker interest income and higher bad-loan charges By THE worst is not over for Singapore banks, which are likely to face more earnings downgrades in coming days, Citigroup analysts said this week. The banks' fourth-quar-ter results
      ARTHUR LEE  -  583 words
    • 312 6  -  JESSICA YEO By THE current economic turmoil has caused several deals to be cancelled, and Juken Technology's proposed acquisition of a Malaysian company may just be the next in line. In an announcement yesterday to the Singapore Exchange, Juken said it is reviewing its multi-million-dollar
      312 words
    • 435 6 Reuters BANK Sarasin's water fund favours companies making water meters and sanitary equipment, such as Geberit, as they typically offer better potential returns than big traditional utility plays, a fund manager with the bank said. The Swiss private bank, which manages 51 billion
      Reuters  -  435 words
    • 488 6  -  RONNIE LIM This will kick off at Mundra port in Gujarat state By SINGAPORE-LISTED Chemoil Energy which already has a presence in the world's three largest ports of Singapore, Fujairah and Rotterdam is all set to start supplying bunker fuel at Indian
      488 words
    • 743 6  -  WONG WEI KONG WITH Singapore share prices trading at their lowest levels in years, the temptation is to think that the market has priced in all the bad news. But has it really? This is a source of contention among market watchers. It
      743 words
    • 311 6  -  LYNETTE KHOO By PLASTICS components maker TTL Holdings disclosed yesterday that its subsidiaries in China are being sued by their supplier for late payment. The units, TTL Precision Engineering (Dongguan) Co Ltd and TTL Technology (Dongguan) Co Ltd, had each received a
      311 words
    • 340 7  -  ARTHUR SIM Revenue was at $151mforthe six months ended Nov 30, 2008 By LIAN Beng Group announced yesterday that net profit for the first half of its fiscal year 2009 rose by 9 per cent to $8.79 million, compared to $8.06
      340 words
    • 315 7  -  CHEN HUIFEN By THOMSON Medical Centre has posted a 5.9 per cent gain in its first quarter net profit to $2.85 million, reflecting the resilience of the healthcare sector amid the economic downturn. For the three months ended November
      FILE PHOTO  -  315 words
    • 231 7  -  ZEINAB YUSUF By THE flow of profit warnings amid the economic downturn continues unabated. C&G Industrial Holdings, a manufacturer of PET chips and yarn products, announced yesterday that it is likely to report a significantly lower consolidated net profit for the financial year ended Dec
      231 words
    • COMPANY BRIEFS
      • 126 7 CHASEN Holdings announced that its subsidiary, Hup Lian Engineering Pte Ltd, has recently secured new contracts worth a total of $12.07 million. These include a contract worth $6.72 million from Kingsmen Exhibits Pte Ltd, a subsidiary of Kingsmen Creatives Ltd, to provide
        126 words
      • 115 7 YEO Hiap Seng said yesterday that PT Kharisma Inti Persada, which sued its Yeo Hiap Seng Malaysia and Indonesian subsidiary last year for 219.9 billion rupiah (Ss29 million), has appealed against the dismissal of its suit by a Jakarta court. PT
        115 words
      • 54 7 ENGINEERING firm Tee International posted yesterday a 33 per cent drop in half-year net profit to $2.1 million from $3.14 million due to higher costs. Revenue for the six months to Nov 30, 2008 was at $45.63 million, compared to $14.08
        54 words
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    • 89 6 Edible Oil, Milk Powder Foodstuff Construction Material Equipments Power Generators Transformers Oil Gas Equipments Electrical Equipments Steel Bars, Plates Tubes Special arrangement for Iraqi government TENDERS Shipping Agency Services for Ships calling Iraqi Ports AI Raya Shipping Agency Basrah We are representing prominent buyers and business houses of Iraq in
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  • SINGAPORE MARKETS
    • 972 8  -  LARRY WEE CURRENCIES US stocks may lead the way down to the gain of dollar and yen POOR liquidity and good news about fiscal rescue packages conspired to get Wall Street and other markets off to a flying start in the first
      972 words
    • 92 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 4 4 0 0 0 5 4 4 lanufacturing 23 52 58 25 57 65 Commerce 19 19 10 21 22 )t/Stor/Comms 19 19 :inance 10 20 10 20 Construction 11 'roperties 22 11 22
      92 words
    • 113 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21.293 21.293 65.202 65.202 lanufacturing 226.499 8.814 235.313 164.784 628 165.412 Commerce 61.405 11.210 72.615 78.575 1.870 80.445 'pt/Stor/Comms 75.207 1.021 76.228 115.846 49 115.895 :inance 69.095 69.095 420.772 420.772 Construction 13.984 200 14.184 1.317 1.319 'ro| )erties 61.988
      113 words
    • 104 8 lapitaLand 2.830 -0.070 Noble Grp 1.000 -0.110 lapitaMall 1.600 -0.070 OCBC Bk 5.070 -0.080 CityDev 6.000 -0.060 Olam 1.280 4-0.010 Iosco Corp 0.805 -0.010 S IA 11.200 -0.140 IBS Grp 8.280 4-0.170 SGX 5.180 -0.020 :8.N 3.140 SIA Engg 2.070 Sent Intl 0.460 SPH 2.930 -0.090
      104 words
    • 829 8  -  LYNETTE KHOO Singapore Press Holdings Jan 13 close: $2.93 CIMB-GK Research, Jan 13 CORE earnings in line: QlO9 net profit was $73 million (-34.8 per cent y-o-y) versus our forecast of $100.1 million, accounting for 16 per cent of our full-year estimate. The shortfall was mainly caused by
      829 words
    • 510 8  -  R SIVANITHY STOCKS A SHORT covering bounce in Hong Kong yesterday morning triggered similar activity here and helped push the Straits Times Index (STI) up more than 20 points at one stage. But a 4.8 per cent plunge in Tokyo and a swift
      510 words
    • 4 8 DAILY
      4 words
    • 57 8 CLOSE BT OB/OS 179.00-141.00 BT CADI -*****.00-107.00 BT 10-day MA -*****.00+18.00 FTSE ST Mid Cap 371.48 -5.32 FTSE ST Small Cap 307.34 -4.68 FTSE ST All Share 426.26 -4.12 FTSE ST China Top 191.30 -3.32 FTSE ST China 190.17 -2.90 UOB Catalist 77.08 -0.30 SIMSCI 212.61 -2.13
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    • 60 8 VOLUME Golden Agri 142,075,000 Noble Grp 31,530,000 DBS Grp 27,079,000 Midas 22,104,000 Cosco Corp 21,459,000 Epure 21,146,000 Sing Tel 21,041,000 IndoAgri 17,639,000 DBS R 17,604,000 DBS DBeCWO9O7I3 17,499,000 VALUE(S) DBS Grp 225,315,700 OCBC Bk 62,095,700 Sing Tel 54,076,285 DBS R 50,508,380 Capita Land 48,843,400 UOB 45,698,630 Keppel
      60 words
    • 109 8 BY CENTS CLOSE UP Jardine C&C 1094 78.0 7.7 OCBC Bk4.5%NCPS 100 8350 40.0 0.5 OCBC Bk5.1%NCPS 100 9290 40.0 0.4 OCBCCai 5.1%NCPS 100 9018 38.0 0.. DBS Gr| 828 17.0 2.1 DBS R500 281 17.0 6.4 DBS R 282 15.0 5.6 WBL Cor| 368 12.0 3.. HKLand 234
      109 words
    • 114 8 CLOSE DOWN 8071 -409.5 -3.3 GLD 10US$ China H 10US$ 910 -74.5 -5.2 JSH 1036 -62.5 -3.9 DBS Bk6% NCPS 10 9680 -20.0 -0.2 UOB 1238 -18.0 -1.4 Daiwa FT Shariah J. 671 -14.9 -1.! JMH 2004 -14.9 -0.5 Cmdfr 10US$ 212 -14.9 -4.! S I A 1120 -14.0
      114 words
    • 87 8 iere! S$ stands (an 13 %CHNG CLOSE FR Jan 12 YR 2008/2009 S$ LOW S$ HIGH USS 1.4898 -0.15 1.5346 1.3457 Euro 1.9762 0.65 2.2064 1.8640 Pounds 2.1867 1.74 2.8431 2.0663 AS 0.9971 2.57 1.3251 0.9068 Yen* 1.6758 -1.50 1.6899 1.2619 Rupiah* 0.***** 0.43 0.***** 0.***** Baht* 4.2627 -0.18
      87 words

  • SINGAPORE NEWS
    • 534 9  -  CHUANG PECK MING Supermarket chain outlines bid to help all its stakeholders through recession By IN ANTICIPATION of a tough 2009, retail cooperative NTUC Fair Price is mounting a $15 million effort to help customers, suppliers and needy workers get through the recession. Besides
      FILE PHOTO  -  534 words
    • 410 9  -  CHEN HUIFEN More jobs for those who get retrenched; fund for mid-career conversions also By AMID expectations of more layoffs this year, the Ministry of Health (MOH) is bringing forward plans to recruit 6,200 workers in the public health sector and opening up more
      410 words
    • 264 9  -  TEH SHI NING By SINGAPOREANS are not optimistic about employment prospects in 2009, according to a survey by TNS and Gallup International. The Voice of the People end-of-year survey, carried out between October and December last year, found that 78 per cent of
      264 words
    • 472 10  -  CONRAD TAN Economy could grow as much as 5.5% in 2010, from 1.2% contraction this year By SINGAPORE wiU be among the worst-hit Asian economies this year, but it is also likely to be one of the earliest to rebound strongly, HSBC economists said
      FILE PHOTO  -  472 words
    • 343 10  -  WINSTON CHAI Facility takes its data-centre investment here to nearly $25m By FUJITSU Asia has spent $15 million setting up its most high-tech local data centre so far a move set to create hundreds of jobs and put Singapore at the forefront
      343 words
    • 231 10 THE Real Estate Developers Association of Singapore (Redas) has announced that incumbent president Simon Cheong has been unanimously re-elected to serve a second two-year term for the period 2009-2010. Mr Cheong, who is also SC Global chairman, was first elected to
      231 words
    • 142 10 SINGAPORE Cooperation Enterprise (SCE) has signed a memorandum of understanding with China's Kunming Municipal Government and the Asian Development Bank (ADB) to collaborate in developing infrastructure projects. The agreement was signed by Kunming Vice-Mayor Wang Dao King, ADB's Private Sector Department deputy director-general
      142 words
    • 266 10  -  KEITH CHEE Grants of up to $10,000 each given to local researchers By MITSUI Sumitomo Insurance Group (MSIG) Holdings awarded grants to four Singapore researchers yesterday and will hand out three more to Thai researchers today. The grants, each worth up to $10,000, were awarded
      266 words
    • 284 10  -  UMA SHANKARI By TWENTY bids from 14 bidders have been received for the former Mcc Toh School in Race Course Road offered for rent under the Ideas Tender scheme the Singapore Land Authority (SLA) said yesterday. The Ideas Tender scheme aims
      284 words
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  • Page 10 Advertisements
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  • ECONOMY WATCH
    • 637 11  -  JANE MOIR Chancellor's gloomy outlook suggests govt will revise recovery forecast By in London DEBATE over the likely depth and length of Britain's recession has gathered pace after the country's financial chief waded in with a gloomy outlook. A recovery by the second
      BLOOMBERG  -  637 words
    • 276 11 Bloomberg, NYT [WASHINGTON] Barack Obama will order the Treasury department to limit executive compensation and dividend payments by financial institutions that get "exceptional assistance" from the rescue fund, a top economic adviser to the presi-dent-elect, told Congress. Larry Summers, picked by Mr
      Bloomberg, NYT  -  276 words
    • 361 11 NYT, Bloomberg, Reuters Latest plan includes 1.5b euros in aid for car industry [BERLIN] Even as Germany was sinking deeper into recession over the past few weeks, Chancellor Angela Merkel resisted pressure from inside and outside the country for another quick and dramatic
      – NYT, Bloomberg, Reuters  -  361 words
  • Page 11 Advertisements
    • 451 11 A r DB sim V Mf I Kll PROFESSIONAL UtM DEVELOPMENT Iii:::.: I 111 B Mm H I' I I CLggjMlj aa>B H I H jg» LEADER H|||^^^^" YOUR OFFICE HAS THE REST VIEW. OUT DO YOU HAVE THE BEST VIEW OF TOHORROW? The future looks hazier than ever before,
      451 words

  • MALAYSIA/INDONESIA
    • 485 12  -  S JAYASANKARAN 8 foreign firms defer RMBb investments on gas supply concerns By in Kuala Lumpur PART of the reason foreign investors find it difficult to get natural gas for industrial use is the disincentive to supplier Petronas. It stems from the
      BLOOMBERG  -  485 words
    • 325 12 Reuters [JAKARTA] Indonesia plans to revise up its 2009 budget deficit to above 1.5 per cent of GDP, from one per cent previously, a senior finance ministry official said yesterday, amid efforts to help sustain growth in an election year. The finance minister
      Reuters  -  325 words
    • 509 12  -  PAULINE NG Pace of economic slowdown faster than expected By in Kuala Lumpur MALAYSIA may slip into a technical recession in the current quarter going by recent economic data which suggest the prospects for growth are rapidly weakening. In fact there
      509 words
    • BRIEFLY ASIA
      • 74 12 AFP [BEIJING] China's foreign exchange reserves, already the world's largest, rose to US$l.95 trillion by the end of December, the central bank said yesterday. The figure, posted on the bank's website, was up from US$l.9l trillion three months earlier. China posted its two largest
        AFP  -  74 words
      • 92 12 Xinhua [HONG KONG] Hong Kong continued to take the top place in the ranking of the 2009 Index of Economic Freedom for the 15th consecutive year, revealed the US Heritage Foundation here yesterday. According to the ranking, Hong Kong scores 90 this year,
        Xinhua  -  92 words
      • 62 12 Reuters [SHANGHAI] Pure equity funds were the worst performers among China's mutual funds last year, with net asset value per unit sliding 53.14 per cent on average, a study by fund data firm Thomson Reuters Lipper showed yesterday. However, the funds outperformed the CSI3OO
        Reuters  -  62 words
      • 81 12 Bernama [KUALA LUMPUR] Malaysia's national car company, Proton Holdings Bhd, has yet to make any decision on collaboration with foreign carmakers, said its managing director Syed Zainal Abidin Syed Mohamed Tahir yesterday. "We speak to many partners. As a car company today in the
        Bernama  -  81 words
  • Page 12 Advertisements
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  • GREATER CHINA/INDIA
    • 575 13 Reuters Analysts have predicted growth could slow to as little as 5% [BASEL] China's central bank is still basing its policies on the assumption that the economy will grow 8 per cent this year, the bank's head said on Monday, but it knows
      – Reuters  -  575 words
    • 437 13 -AFP [BANGALORE] India's second largest software exporter, Infosys, beat market expectations yesterday by posting a 33 per cent rise in consolidated third quarter net profit, aided by a weaker rupee. Net profit for the Nas-daq-listed firm rose to 16.41 biUion rupees
      -AFP  -  437 words
    • 217 13 Reuters [SHANGHAI] China's financial hub, Shanghai, expects its economy to grow by around 9 per cent this year, Mayor Han Zheng said yesterday, which would be the slowest growth in 17 years, as China's economy weakens amid the financial crisis. "At present,
      ■ Reuters  -  217 words
  • Page 13 Advertisements
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  • WORLD
    • 631 14 Bloomberg, Remarks indicate he may be trying to influence opinion of lawmakers [LONDON] US Federal Reserve chairman Ben Bernanke warned that a fiscal stimulus won't be enough to spur an economic recovery and that the government may need to buy or
      Bloomberg,  -  631 words
    • 327 14 Reuters [LONDON] In the testoster-one-fuelled world of financial trading, it appears that hormones do rule and size really does matter, British researchers said on Monday. Their study found that experienced traders with the longest ring fingers made more than three times the
      Reuters; REUTERS  -  327 words
    • 702 14 -Reuters Industry players hope move will enhance liquidity [NEW YORK] Changes in the way credit default swaps (CDS) are traded in North America are being prepared in a move industry participants hope will enhance liquidity in the market in conjunction with the
      -Reuters  -  702 words
    • 499 14 Reuters LATEST US DATA [WASHINGTON] The United States trade deficit shrank 28.7 per cent in November, the biggest contraction in 12 years, as weak consumer demand and plummeting oil prices caused a record drop in imports, a US Commerce Department report showed yesterday. The US$4O.4
      – Reuters  -  499 words
    • 541 14 ■AP [NEW YORK] A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financier, but imposing new restrictions to keep him from mailing any more valuables to family and friends. In a
      ■AP; REUTERS  -  541 words
    • 523 16 Bloomberg, Reuters JPMorgan to announce results tomorrow, six days earlier than planned [LONDON] Bank of America (BOA), the largest US lender by assets, may post a US$3.6 billion fourth-quar-ter loss and again slash its quarterly dividend, Citigroup analyst Keith Horowitz said. The bank is
      Bloomberg, Reuters; BLOOMBERG  -  523 words
    • 298 16 -AP [PITTSBURGH] In a dismal prelude to the earnings season, Alcoa reported a quarterly loss of US$l.l9 billion on Monday, days after the aluminium giant announced cutbacks due to sinking prices and demand for the metal amid the global economic slowdown. Alcoa said it
      -AP  -  298 words
    • 341 16 Bloomberg GSO has failed to find attractive opportunities there [HONG KONG] GSO Capital Partners LP, Blackstone Group's US$25 billion credit hedge fund, plans to close its Asia investment desk after failing to find attractive opportunities in the region, two people familiar with the
      – Bloomberg  -  341 words
    • 661 17 ■iVTT Bank seen to be desperate for capital as it moves towards Smith Barney deal [NEW YORK] For a few brief weeks, it seemed as if Vikram Pandit, the chief executive of Citigroup, was regaining a bit of trust on WaU Street. But on
      ■iVTT |; AP  -  661 words
    • 561 17 Bloomberg Plan an alternative to a permanent and broader tax break [NEW YORK] Morgan Stanley, United Technologies and General Electric (GE) are asking lawmakers to waive US tax penalties on businesses that borrow from their offshore units, according to congressional aides
      Bloomberg  -  561 words

  • HEALTH AT WORK
    • 1149 15 MINT KANG looks at two companies in the logistics industry and how they have overcome challenges to implement workplace health programmes that reach and benefit all their personnel HEALTH is more important than wealth. It is a long-term investment, one that yields not only monetary
      ARTHUR LEE  -  1,149 words
    • 1012 15 A special team oversees the firm's health programme EVERY morning at 8 am, the staff at Sankyu's main office along Clementi Loop, line up in front of the building for a simple morning workout -10 minutes of light exercise led by
      1,012 words
    • 139 15 THE Health Promotion Board offers a wide range of support and resources to help managers enhance their companies' workplace health programmes, including: The Workplace Health Sports Promotion Grant of up to $10,000; The Singapore HEALTH Award (Helping Employees Achieve Life-Time Health) a national award given to
      139 words

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    • 194 16 BA m^SSSESSBm BBHJ ill PHI mmm \\mmmfM iSiiSSE BlßlOnfl [BBSEB mWMwfmM KH Wm gHiing Jp?^7<iMißa Hig X ■«yMbMi^MMtt^«MUMi KSramrflßxnti H^PMvlrrM SSrrfii U*| eS|j3Jm N'"? Embark on a culinary discovery at the Zenden Buffet f n Be the star that you are at Oscar s Enjoy soups, salads and a wide
      194 words

  • Page 17 Advertisements
    • 175 17 4 mm mil k|^ij^Hi^ mamhbhhhh ij32i E£2yE§ S2i k-mES 52 K3 |Wfcf gu Wedding Show 2009 flfea m^9w r4M 18 JANUARY g009» SUNDAY, 6pm-9pm Experience our wedding services, solemnisation different wedding themed settings J| dine on selection from MEGU's wedding: dinner menus at the MEGU Event Hall iSh\, V I
      175 words

  • Transport HUB
    • 745 18 Strong partnerships with the maritime community are crucial to nation's success THE growth of the Singapore fleet continued through 2008, with the tonnage of ships under the Singapore Registry of Ships (SRS) growing by some 10.4 per cent over 2007 to reach 43.7 million gross
      BLOOMBERG  -  745 words
    • TRANSPORT STOCKS
      • 101 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.26 0.19 0.81 0.34 0.75 0.49 0.04 ....unch 0.29
        101 words
      • 37 18 '000 Ian Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.57 8.75 8.55 2.68 unch 0.02 0.09 unch 0.10 -0.20 -0.06 unch unch -0.01 15 641 1791 755 0 406 40
        37 words
      • 12 18 ■oo ■recious Ship Jegional Cont .10.90 ...6.85 -0.50 -0.25 2308 419
        12 words
      • 12 18 '000 Ian Doil iingamas Cont 17.52 ...0.90 -0.38 -0.11 869 *****
        12 words
      • 22 18 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.90 13.75 unch unch unch -0.25 unch unch 1439 72 0 0
        22 words
      • 23 18 Ian Evergreen Marine ...14.85 :irst Steamship 33.90 /Van Hai Lines 13.50 r"ang Ming Marine...10.10 0.20 0.15 0.15 0.10 3 5 2 8
        23 words
      • 39 18 '000 (awasaki Hvylnd ..189.00 -18.00 ***** (awasaki Kisen 396.00 -12.00 6004 Mitsubishi Hvy 375.00 -25.00 ***** i/litsui Eng&Sbldg...152.00 -13.00 4989 l/litsui Osk Lines 583.00 -10.00 ***** Jippon Express 355.00 -16.00 3302 JipponYusen 532.00 -15.00 9692 'iource: Thomson Reuters
        39 words
    • 448 18 Bloomberg Rise due to demand to transport iron ore to China [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, rose for a fifth day to more than a two-month high on demand to transport iron ore to China, the
      Bloomberg  -  448 words
    • 368 18 Reuters [ATHENS] A Greek shipping tycoon was kidnapped at gunpoint near his home in the coastal suburbs of Athens on Monday, in the third such high-profile abduction in Greece since last June, police said. Pericles Panagopoulos, founder of Greek ferry operator Superfast Ferries,
      Reuters  -  368 words
    • 311 18 -AFP [MANILA] Pirates have released all 21 Philippine crew members of a ship hijacked off Somalia three months ago, the Philippine government said yesterday. Their vessel, a Philippine-operated, Panama-flagged bulk carrier that was seized on Oct 15 last year, was also released. "Yesterday the MV
      -AFP  -  311 words
    • TRANSPORT HUB: SHIPPING
      • 784 19  -  DAVID HUGHES STRAIT TALK By For everyone's security, vessel inspectors must ensure that safety standards are not compromised in a downturn RECESSIONS tend to mean lower standards as some shipowners who are strapped for cash try to cut corners. Even blue-chip owners look closely at
        784 words
      • 411 19 ■AFP [JAKARTA] Indonesia yesterday scaled down the search for around 230 people still missing two days after a ferry capsized in heavy seas off Sulawesi, as investigators began probing the cause of the disaster. High winds and rough seas continued to pound the
        ■AFP; AP  -  411 words
      • 422 19 -Reuters [JAKARTA] Take a ferry in the vast Indonesian archipelago and there's a good chance that your name would not show up on the manifest. Foot passengers often buy tickets on board, while car passengers are sometimes not recorded by name. Indonesia's latest ferry disaster
        -Reuters  -  422 words
    • TRANSPORT HUB: AVIATION
      • 522 20 Bloomberg Differences set aside to lobby for USs4b to revamp air-traffic control technology [WASHINGTON] US airlines and small-jet owners have joined forces to lobby for US$4 billion in economic stimulus aid, setting aside a two-year dispute over air-traffic control costs. Nine Washington-area
        – Bloomberg  -  522 words
      • 586 20 -IHT Italian carrier turns leaner, more costefficient from today [PARIS] Alitalia agreed yesterday to sell a quarter of its share capital to Air France-KLM, cementing existing ties with the French-Dutch airline just a day before Alitalia takes to the skies as a leaner,
        -IHT; AFP  -  586 words
      • 232 20 Bernama [KUALA LUMPUR] Low cost carrier Air Asia, has implemented a new baggage policy effective yesterday. Dubbed Supersize, Air Asia passengers can now choose from three tiers of baggage sizes when purchasing tickets online. For domestic flights, customers can choose from supersize regular for up
        – Bernama  -  232 words
      • 293 20 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong's largest carrier, expects a slowdown in passenger and cargo demand to intensify as the global recession deepens. An already "quite pronounced" drop in revenue streams "may get worse", chief executive officer Tony Tyler said in the company's
        – Bloomberg  -  293 words
    • TRANSPORT HUB: MOTORING
      • 567 21  -  SAMUEL EE It took 20m euros and 20 months, including the factory and production lines By THE Artega GT may be fast. But creating the latest German sports car brand was just as speedy, according to its founder Klaus Dieter Frers. The
        567 words
      • 481 21  -  SAMUEL EE e-max scooters will be first production electric vehicles here By A GERMAN electric scooter will be the first production electric vehicle on Singapore roads when it is ready for registration by this quarter, e-max will offer two models through distributor
        481 words
      • 573 21 Bloomberg [NEW DELHI] Tata Motors Ltd, the maker of Jaguar cars and Land Rover sport-utility vehicles, must repay a US$3 billion loan and aims to introduce the world's cheapest car this year. It is struggling with both. The Indian carmaker needs to raise cash
        – Bloomberg  -  573 words
  • Page 18 Advertisements
    • 439 18 V*Z7 TV^VT'T_^T-'_r< Toll free: 1800-289-8822 w I^l II If I-i Email:notices@sph.com.sg JL V__-/ JL JL^-«___> I■■ L_J www.cats.com.sg INTHEMATTEROF THE COMPANIES ACT,CAP. 50 AND (In Members' Voluntary Wlnding-Up) FINALMEETING __-^_Pk ___>. ___.l_p^ _F-__»^_F% _p» ____r ___.I_F>^ NOTICE IS HEREBY GIVEN in pursuance TO LET HDB LAND FOR MARKET AND ?fS^
      439 words
    • 27 18 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Kl Call 1800 289 8822 or email notices@sph.com.sg. B j
      27 words

  • Page 19 Advertisements
    • 1591 19 MMMMM^MMI^^^^^M w j WATS Jl* TpL. _L^l V_»>/ J_ J_V__jJ__jl3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Lianhe Zaobao 1 —I I ll INTHEMATTEROF FORM 69(3) AfU. fiilfCN THE COMPANIES ACT, CAP. 50 NOTICE OF INTENDED PREFERENTIAL PAYMENT /ATTrJI WinCn AND INTHE MATTER OF PURSUANT TO SECTION 328(1 ){b), COMPANIES ACT,
      1,591 words

  • Page 20 Miscellaneous
    • 413 20 CRYPTIC CROSSWORD ACROSS lAs reported, wouldn't keep a n —n —I P; —I n —l n —l m^kWH m^kwn m^kWH rodent (9) 9 Little Mo (6) I I 10 Hell as spy gets tortured, un- Mm fortunately (9) 11 Race is a hit look to join in I 12 Description
      413 words

  • Page 21 Advertisements
    • 67 21 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists i_ i Ll lc age m L Am^. m/mmm 3^m^ M Mm s' mMMtMMm B^. >, ffa MM i^^. v MMt \w i. v' m Mm -^L.*^ \v 3? Mlt MAM 1' Q/~ a A J wJM \X \v "'\X''''i'
      67 words
    • 78 21 DRIVING TIMAUYSUP q&ss AFRAID OF CAR THIEVES? In 2007.12.427 cars were stolen W l Tl/7T?.tffl»e'l,'(r|lJ in Malaysia! Even in Singapore, [^I^^/vyf j^TJ»f^?X^ 12 cars were stolen in June2ooB.csaMl'r:):W;,lilli;l''™^ Cars were stolen within minutes WHY WAIT? even with Steering Wheel Lock, CAR THIEVES CAN Alarm Immobilizer installed. STRIKE ANYTIME, You may
      78 words

  • EDITORIAL & OPINION
    • 500 22 AS far as Asia is concerned, the theory of decoupling the idea that the region can remain insulated from the made-in-America financial crisis has not merely proved to be suspect, it has been shattered. The latest evidence suggests that some Asian economies could, in fact,
      500 words
    • 1190 22  -  JAGDISH BHAGWATI He has missed the bus on the question of preventing a slide back into protectionism By IN THE Financial Times (FT), on March 3, 2008, I had argued that, unlike with Hillary Clinton, there were several reasons why one could
      AFP  -  1,190 words
    • 767 22  -  FRANK CHING THE BOTTOM LINE ALMOST two decades ago, China's paramount leader Deng Xiaoping issued a series of instructions regarding the orientation of Chinese foreign policy, in which he emphasised the need for Beijing to keep a low profile and never take
      767 words
    • 1591 23  -  GREG IP The chances of the world's richest economy defaulting remain pretty remote, but remote does not mean impossible By IN its battle against the financial crisis, the US government has extended its full faith and credit to an ever-growing swathe of the private
      BLOOMBERG  -  1,591 words
    • 495 23  - Why things work in Singapore but not in Thailand NITIPOOM NAWARAT By -SINGAPOREAN politicians always reflect themselves well from the sentenc--3S they speak on their first day of work. The words of the prime minister and ministers are like the compass leading everyone in the same direction. Singaporeans remember sentenc--3S
      AP, AFP  -  495 words


  • SINGAPORE STOCKS
    • 8679 24 Transaction date: Jan 13 High Low Code Company Sale COOP) High Low Buyer Seller C'vr P/E $mil 10.5 3 3148 8Telecom 15.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABR Hldgs 19 6 1938 AEI Corp 13 1 1100 AEM 26 7 2101
      8,679 words
    • 574 25 52-wks Tel High Low Code Coml Last Sale Vol COOP) Hii Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil 20 5 1181 s AAGrp 32 16 8538 s APStrategic 5 1 1501 s Advanced System 17 2 3480 t Adventus 38 12.5
      574 words
    • 646 25 52-Wk Tel High Low Code Last Sale Vol COOP) Day ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _H|< ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 IS S&P500 ***** ***** 6170 SPDRS 360
      646 words
    • 738 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 offer
      738 words
    • 8848 25 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.424/ AIGIF Spore Bond Fund/A 1.229/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.61/ APS Alpha Fund (USD)!** 0.41/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6021/ APS Komaba Global
      8,848 words
  • Page 24 Advertisements
    • 32 24 _r"T »Ck c_. "^T 7' .-_i.~______i^ •f* I ti^^r^ _^_s*__i^ T' ROYAL OAK OFFSHORE COLLECTION r^^^^^^^KM H_^||p, ~^''^Jf^ff^ For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com /j6y ;Tss?^-1 '^^s^~"^^^^^w^.^ S^*' -V ________M_Hk?V-^ <v
      32 words


  • FINANCE & COMMODITIES
    • 360 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 12 World Index Preliminan 668.9 -1.4 -40.9 -1.7 -41.2 -1.9 -43.0 EAFE Preliminai 652.4 -0.9 -41.8 -1.6 -43.5 -1.8 -45.3 Euro[ Preliminan 918.4 -1.2 -40.5 -2.6 -47.1 -2.8 -48.7 Pacific 538.5
      360 words
    • 132 26 As at 9am Jan 13 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0010 1.0330 Can dollar 1.2160 1.2310 Euro 1.9780 2.0010 NZ dollar 0.8440 0.8640 iterlini ind 2.1940 2.2190 US dollar 1.4810 1.4980 Local dollars to 100 units of foreign
      132 words
    • 172 26 Jan 13 fer Overnight 1/8 1-month 5/8 2-months 3/4 3-months 7/8 Overnight mode: 1/16 US$ Offer 1/16 3/8 1/2 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.30 0.60 1.20 1.50 1.90 2.10 2.20 Offer 0.10 0.30 0.80 1.10
      172 words
    • 25 26 Jan 13 ten Hii Sett STI SIMSCI Jan 211.0 218.8 210.1 Taiwan Jan 164.9 171.7 171.1 Source: MF Global (S) He. Ltd
      25 words
    • 22 26 Jan 13 S! Bid Offer 1-month 1.4893 1.4907 2-months 1.4890 1.4905 3-months 1.4889 1.4904 6-months 1.4884 1.4900 Source: OCBC
      22 words
    • 61 26 Jan 13 lelivery lonth Opening Sett Av Range Price Price Hi Vol Open Done Position Low Ian 09 1851 :eb09 1909 War 09 1903 4.pr 09 1901 FotaI o/p: ***** contracts 1858 1851 1790 143 670 1885 1920 1815 1974 ***** 1830 1913 1797 ***** ***** 1865 1911
      61 words
    • 293 26 Jan 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 99.1400 99.1950 99.1650 99.0350 ***** 4544 3733 1544 EUROYEN TIBOR FUTURES MarO9 99.400 99.400 JunO9 99.530 99.530 SepO9 99.570 99.570 DecO9 99.535 99.545 Mar10 Jun10 Sep10 Dec10 99.400 99.530 99.560 99.525 99.400 99.500
      293 words
    • 197 26 Jan 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) FebO9 150.3 MarO9 151.6 Apr 09 153.0 May 09 154.5 JunO9 155.0 Jul 09 158.8 149.0 150.0 153.0 154.0 154.0 151.2 147.0 150.0 153.0 154.0 153.8 151.2 144 60
      197 words
    • 91 26 Jan 13 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQO91O2E 16.04.09 1-Year BY*****V 02.11.09 0.45 0.65 0.38 0.38 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
      91 words
    • 103 26 Jan 12 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 954.00 1037.50 1046.50 953.75 Mar 09 966.00 1036.00 1060.25 965.75 MayO9 975.50 1045.50 1069.50 975.50 Jul 09 986.25 1056.25 1076.00 986.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 09 34.18 36.50 35.50 34.11
      103 words
    • 77 26 CRUDE OIL PRODUCTS Jan 12 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 44.90 -1.25 WTI (Near Mth) 37.84 -2.98 Dubai (1-Mth F) 43.95 -1.97 Tapis blend 45.15 -1.75 Minas 42.05 -1.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 42.00 S1.98 5.10 -2.47 US$/barrel Opec Oil
      77 words
    • 448 26 Jan 13 iuro 'en (on 'eso lam 'ouni Australia 0.824 4.612 0.508 5.231 32.993 75.510 0.602 9.133 2.414 1.207 53.360 32.045 1.005 6.833 0.754 22.426 23.574 0.459 0.675 Canada 1.213 5.595 0.616 6.346 40.025 91.605 0.730 11.079 2.928 1.464 64.733 38.876 1.219 8.289 0.915 27.206 28.598 0.557
      448 words
    • 77 26 Jan 13 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$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 1.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.*****
      77 words
    • 169 26 Jan 13 GOLD (USS/oz) Jan 13 Jan 12 GOLD BULLION COINS (S$) Sellini Hong Kong 817.30 843.10 818.30 844.10 Jan 12 Jan 09 London 824.20 854.35 826.20 856.35 Source: Thomson Reuters (S$) Selling Buying 1 oz 1385.65 1247 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $485.78 398
      169 words
    • 157 26 Jan 13 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.0042 1.0054 0.6744 0.6746 Canadian dollar 1.2182 1.2198 0.8181 0.8185 Euro 1.9769 1.9791 1.3276 1.3279 NZ dollar 0.8317 0.8331 0.5585 0.5590 Sterlini ind 2.1866 2.1891 1.4684 1.468!
      157 words
    • 70 26 minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 1479.20 1535.20 3 months 1516.00 1570.00 Copper, Grade A (USS/tonne) Cash 3 months 3209.00 3245.00 3367.50 3400.00 Lead (USS/tonne) Cash 1167.00 3 months 1170.00 1212.00 1205.00 Nickel (USS/tonne) Cash 3 months *****.00 *****00 *****.00 *****.00 Tin (USS/tonne) Cash
      70 words
    • 65 26 Jan 12 COCOA (Btonne) Close Prev Hii ih/Low Mar 09 1775 1808 1822/1725 May 09 1745 1764 1775/1696 Jul 09 1740 1751 1758/1690 SepO9 1733 1735 1745/1680 COFFEE (US$/tonne) Close Pev High/Low Jan 09 1988 2012 2011/1990 SUGAR (US tonne) White Close Prev High/Low Mar 09 326.5 339.1 337.5/325.0
      65 words
    • 2305 26 BONDS WARRANTS Tel Code Company Tel Last Vol Conv Exer Code Company Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left DBS DB EPW*****2 72.5 DBS DB EPW*****0 18 -2 205 DBS DB EPW*****2 17.5 -2 60 0.2 1164 0.2 819 0.2 733 2 3 5 Singapore
      2,305 words

  • Page 27 Advertisements
    • 2768 27 m The Business Times Shipping Times tf W KPfl BJf^f^jfflßffiJPfff^fffJßßffiß WAN HAI INTERNATIONAL PTE LTD UEN: *****469 5M W^ X^2 I*LE H||^SnHJSEgn3@Rgߧ_S_^__l______l l%_ ■■■>__■ ■>■ ■>■__-_*• TEL: *****588 (14 LINES) FAX: *****163 ■^^^•W"-^^M Btßatfi BWKHJttS I V\M IA/AM HAI INpN Cusloinet Service/Booking Dite<l Line (1800) *****200 M A I t,"X«\»j-
      2,768 words

  • Page 28 Advertisements
    • 2934 28 1^ RICKMERS-LINIE 11 |Tg-\ EASTERN CAR LINER, LTD I [fl Q®lE^ uSvL Bregk"BU' k/''rOieC,/SoCCOnVen,iOng'SerViCeS website: www.H. km e r s,o m ||-=J I SPEQAIIZE IN RORO i HEAVY L.FT UPTO *****^1 WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov "I sin I alt I hou I new I jax I ORF
      2,934 words

  • Page 29 Advertisements
    • 6335 29 i^lP^^^M I I -J A MntDCtKn Tel: 65-*****907 Fax: *****917 f^^ T^—L.^^_! WSS§*kwM tS§M K&fl ]~W l shipping companT7 70 Shenton Way, #21-03 Marina House Singapore *****8 OL«nl IIHWIUft I Kill UllUUr I HH| ffiil ffiPi IPHR lM| Ml NORTH WEST EXPRESS LINE «&4fcllt»U*ls»^'*l MONTHLY SERVICE TO WESTERN AUSTRALIA AND
      6,335 words

  • EXECUTIVE MONEY
    • 1360 30 Bloomberg [NEW YORK] At a time when central banks are attempting to prevent deflation, the hottest investments in the government bond market are securities that protect debt holders against rising consumer prices. Inflation-linked debt from the US to Japan returned 5.77 per
      Bloomberg  -  1,360 words
    • 897 30 Bloomberg Ace fund manager says debt sold by cities, states and some investment-grade firms is attractive [NEW YORK] THE collapse ofthe US housing market helped Bill Gross outperform 99 per cent of his fund-manager peers over the past five years. Now he's betting on
      – Bloomberg; BLOOMBERG  -  897 words
    • 524 31  -  GENEVIEVE CUA By NTUC Income has launched a three-pronged "back to basics" campaign focusing on protection, retirement and health. On the protection front, its term assurance product iTerm includes a "preferred" price discount for the healthy who pass strict underwriting requirements. For those saving for retirement,
      524 words
    • 497 31 Bloomberg [NEW YORK] Global stocks will gain 25 per cent this year as government measures revive the economy and investors move from cash into equities, according to Nomura Holdings Inc. "The scale ofthe planned stimulus ought to be large enough to short-circuit the
      ■ Bloomberg  -  497 words
    • 679 31 They offer long-term funding for businesses as bank credit dries up, writes GENEVIEVE CUA VENTURE capital investments are not typically on an investor's menu, but they may be worth a thought as an alternative investment for ultra high net worth individuals with
      FILE PHOTO  -  679 words
    • 806 32  -  NORMAN VILLAMIN Market volatility likely to persist, yet opportunities may surface in second half AS unprecedented stress struck the core ofthe global financial system last year, it was clear to many observers that a worldwide recession was on the way. Citi analysts expect major
      Reuters  -  806 words
  • Page 30 Advertisements
    • 144 30 Discover medical excellence and retail therapy under one roof Paragon Medical houses over 60 world-class specialists who are delighted to serve you with utmost attention, delivering standards that can only be exceeded by their medical precision. Experience medical exclusivity at its best, a perfect complement to unrivalled shopping enjoyment at
      144 words
    • 12 30 Call 6-222 6868 now AcCOUlltServe i for the Accounting Specialists www.Accountserve.com.sg 1
      12 words

  • Page 31 Advertisements
    • 2780 31 WATS _L^l \^>/ -I- J J l Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Asiatravel.com Asiatravel.com ASIATRAVEL.COM HOLDINGS LTD ASIATRAVEL.COM HOLDINGS LTD (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) (Company Registration No. *****7534E) (Company Registration No. *****7534E) ,o ,j m ~.w™., NOTICE IS HEREBY GIVEN that
      2,780 words

  • Page 32 Advertisements
    • 506 32 IpINANYANG -A^S, TECHNOLOGICAL HH fl i^H HMfl HI \SS/ UNIVERSITY \T*\ Nanyang Business School F^^l i^^^^i^^^^^fl >,^^^L^^^^« Am\ mW\S M ISMMJM > /v% IFSIII Pill idkV In today volatile investment environment, it's difficult to formulate PllQiHinO RoiinHarieOQ your investment strategies with many conflicting opinions in the market. E*TRADE brings you
      506 words
  • Page 32 Miscellaneous