The Business Times, 21 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 •S* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, January 21,2009
    20 words
  • 593 1 -NYT Obama sworn in as US President before massive crowd, calls for a new era of responsibility [WASHINGTON] Barack Hussein Obama became the 44th president of the United States yesterday, and called on Americans to join him in confronting what he described as an economic crisis
    -NYT; AP  -  593 words
  • 399 1  -  KALPANA RASHIWALA Job goes to 44-year-old Lim Eng Hwee; URA reshuffle leads to several changes By [SINGAPORE] Singapore has a new chief planner. From the beginning of this year, Lim Eng Hwee took over the reins from Koh Wen Gin, who retired from
    FILE PHOTO  -  399 words
  • 705 1  -  NEIL BEHRMANN Lloyds latest to take a battering; RBS, Barclays languish near their lows By in London LEADING British bank shares plunged on fears that Royal Bank of Scotland (RBS), Lloyds Banking Group and Barclays were heading towards nationalisation. Sterling tumbled below 1.40 against the
    705 words
  • MARKETS DIGEST
    • 42 1 1COMP 880.37 -9.91 IIKKEI225 8,065.79 -191.06 IANG SENG 12,959.77 -380.22 ;et index 433.19 -2.52 JAKARTA COM P 1,344.15 -6.54 IANILACOMP 1,897.93 -25.06 ;eoulcomp 1,126.81 -23.84 ;henzhen b 281.56 -0.61 IUMBAI IND 9,100.55 -229.02 11AM EST Change )OW 8,110.46 -170.76 IAS DAI
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    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.63 HONGKONG 5.00 INDONESIA 16.495 TAIWAN 6.316 JAPAN 1.475 KOREA 9.33 BRITAIN 1.50 US 3.25 CANADA 3.50 SWITZERLAND 0.52 INDIA 13.00 Source:
      Bloomberg  -  28 words
    • 45 1 IS$ (S$ per US$) 1.507 (US$/S$ per 1.411 2.126 ;URO (US$/S$/E) 1.294 1.950 Foreign currency per US$ S$ 'EN 90.50 60.10 3.612 2.397 IK$ 7.758 5.149 !AHT 34.95 23.20 lUPIAH 11,175 7,417 1ENMINBI 6.839 4.539 INDIAN RUPEE 49.02 32.53 1.512 1.004 IZ$ 1.880 1.248
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 74 1 CHINA AVIATION TOYOTA EXEC MONEY ART OF WAR I I Ex-CAO boss freed; Back to basics with Hedge fund Permal Zap for Sun Tzu's strategies! m returns to China new president Jj^ treads water Win an Egg Pod chair! H PAGE 2 PAGE 2 M?C~ PAGE 32 PAGE 12 W
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  • TOP STORIES
    • 578 2  -  LYNETTE KHOO Chen Jiulin was granted an early release from Changi Prison for good behaviour By [SINGAPORE] The former boss of China Aviation Oil (CAO), Chen Jiulin, who was released from Changi Prison yesterday, headed straight to the airport to return to his hometown
      FILE PHOTO  -  578 words
    • 492 2  -  ANTHONY ROWLEY New president Toyoda promises to get back to basics By By in Tokyo IN a move that underlines the deteriorating state of the motor industry, Toyota yesterday shook up its top management and appointed a member of its founding family company
      REUTERS  -  492 words
    • 429 2  -  EMILYN YAP DOS points to rise in workers from less well-off households By [SINGAPORE] Greater workforce participation by less well-off households helped shrink the rich-poor income gap in Singapore last year for the first time since 1998, according to data from the
      429 words
    • THREE-MINUTE DIGEST
      • 75 2 SINGAPORE has a new chief planner. From the beginning of this year, Lim Eng Hwee took over the reins from Koh Wen Gin, who retired from the Urban Redevelopment Authority at the end of 2008. Mr Lim, 44, is also one of two
        75 words
      • 47 2 LEADING British bank shares plunged on fears that Royal Bank of Scotland, Lloyds Banking Group and Barclays were heading towards nationalisation. Sterling tumbled below 1.40 against the US dollar, yen and euro, on worries about chaos within Britain's financial sector. FRONT PAGE
        47 words
      • 92 2 THE former boss of China Aviation Oil, Chen Jiulin, who was released from Changi Prison yesterday, headed straight to the airport to return to his hometown in Hubei, China. In a closely watched corporate scandal a few years back, Mr Chen was
        92 words
      • 99 2 COMPANIES here have lately seemed to be dreading the "R" word; no, not recession but retrenchment. Job cuts are the big fear and many see them coming after Chinese New Year. But companies seem coy to talk about it. recent
        99 words
      • 94 2 THE Singapore Exchange has proposed a two-pronged approach to toughen requirements for married trades in a bid to enhance market transparency. The first approach in its proposed revisions to the requirements for direct business trades involves raising the thresholds for such trades to
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      • 53 2 DESPITE its profit warning last month, integrated Singapore Petroleum Company yesterday said that thanks to prudent inventory hedging, it managed to chalk up net profit of $229.7 million for FY 2008 albeit 55.4 per cent lower than 2007's all-time record of $514.7 million. COMPANY
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      • 59 2 EXPECTED job losses will trigger a big drop in the number of permanent residents and foreigners in Singapore, says Credit Suisse, estimating that the figure could rise to 200,000. And this will have a ripple effect on the economy, causing private consumption, employment and
        59 words
      • 79 2 GERMAN investor confidence improved more than economists forecast in January after the European Central Bank cut interest rates and the government announced a second spending package to battle the deepening recession. The ZEW Centre for European Economic Research in Mannheim said its index of investor
        79 words
    • 722 4  -  CHUANG PECK MING By [SINGAPORE] Companies here have lately seemed to be dreading the "R" word; no, not recession but retrenchment. Job cuts are the big fear and many see them coming after Chinese New Year. But companies seem coy
      722 words
    • 248 4 [SINGAPORE] Finance Minister Tharman Shanmugaratnam will deliver the 2009 Budget Statement in Parliament tomorrow at 3.30pm. The speech will be delivered in two parts, with a 20-minute break at about 4.40pm, said the Ministry of Finance in a press release
      248 words
    • 878 4  -  ANDREW MARKS Banking problems, fears of tighter regulation give market pause By in New York AS America celebrated the inauguration of Barack Obama yesterday, spirits were decidedly more sober on Wall Street. Stocks opened trading on the historic day on a down note,
      AP  -  878 words
    • 972 4  -  LEON HADAR COMMENTARY Obama takes office and will bring a new approach to tackling economic issues THE coming days, weeks, and months could prove to be the best of times, and the worst of times for US President Barack Hussein Obama. After being sworn-in
      972 words
  • Page 2 Advertisements
    • 889 2 Cap/taCommercial Trust (Constituted in the Republic of Singapore pursuant to a trust deed dated 6 February 2004 (as amended)) ANNOUNCEMENT ADJUSTMENTTOTHE CONVERSION PRICE OF *****,000,000 2.0 PER CENT. CONVERTIBLE BONDS DUE 2013 The Manager refers to the *****,000,000 2.0 per cent. Convertible Bonds due 2013 issued by CCT, acting through
      889 words
    • 24 2 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. mats NOTICES Xi
      24 words

  • Page 3 Advertisements
    • 36 3 www.audi.com.sg //^f^f^^^^i Audi i^^ \T Mar V mBIlJI^" I tH C' i^ 'A^^ J ■'^wB^H ■mmaMHwyw^ P^.^^.hJ __j I j" -^H a^ ImhH'l"'^9 |1 /V:: '-:^:C:M WSmM ■-:I US r'''' B ;:i* J^ ,^W JB^ M
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 439 5  -  JAMIE LEE Higher threshold of $500,000 and earlier reporting meant to enhance transparency By THE Singapore Exchange (SGX) has proposed a two-pronged approach to toughen requirements for married trades in a bid to enhance market transparency. The first approach in its proposed revisions
      439 words
    • 295 5  -  CHEW XIANG Move comes as banks take action to recover $170 m of loans By JURONG Technologies Industrial Corp yesterday called a trading halt in its shares from this morning, pending an announcement. The halt comes a day after the contract manufacturer said DBS
      295 words
    • 737 5  - Jade, E3: market victims or bad from the start? CHEW XIANG MARKETS have grown infinitely more sophisticated ever since an English company went public in 1720, claiming it was "carrying out an undertaking of great advantage, but nobody is to know what it is". In the case of Jade Technologies,
      737 words
    • 593 6  -  RONNIE LIM Oil price volatility hits refining but prudent inventory hedging pays off Byl DESPITE its profit warning last month, integrated Singapore Petroleum Company yesterday said that thanks to prudent inventory hedging, it managed to chalk up net profit of $229.7 million
      593 words
    • 615 6  -  UMA SHANKARI Byl CAPITACOMMERCIAL Trust (CCT), Singapore's largest office trust, has no immediate plans to raise equity. "We don't intend to increase debt in any significant way," said Lynette Leong, chief executive of CCT's manager, at the trust's Q4 results briefing
      ARTHUR LEE  -  615 words
    • 506 6  - Fundamentals in oil gas industry intact: Keppel JAMIE LEE Keppel Fels expects to deliver as many as 14 rigs this year By THE fundamentals in the offshore and gas industry remain intact, Keppel Corp said yesterday as its unit, Keppel Fels, delivered the third of a fleet of four jack-up
      506 words
    • 453 6  -  WINSTON CHAI By KEPPEL Telecommunications Transportation (KTT) managed to achieve a marginal rise in net profit for 2008 despite lower contributions from associates, a poor showing from its network engineering unit and impairment and foreign exchange losses. The 12 months ended Dec 31, 2008, saw a
      453 words
    • 365 6  -  UMA SHANKARI Byl MANDARIN Oriental International, a member of the Jardine Matheson Group, said yesterday that it has agreed to sell its 50 per cent interest in the 416-room Mandarin Oriental in Macau for HK$l.6 billion (Ss3o7 million). The company will
      365 words
    • 345 6  -  NISHA RAMCHANDANI By PACIFIC Shipping Trust (PST) will delay acquisitions until the shipping market stabilises, but expects to capitalise on opportunities as vessel prices drop. "We see some downside risks in first-half 2009. Until the market stabilises we are not looking at capital commitment or
      345 words
    • 128 6 Full year and three months ended Dec 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS I CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S$m)— (S$m)— (S$m)— (S$m) 1 SPC 229.68 514.71 -55.4 11,123.71 8,766.71 26.9 -49.68 125.26 nm 1,860.05 2,606.21 -28.6 2 CapitaCommercial
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    • 529 9  -  YEN SREENIVASAN MERGERS AND ACQUISITIONS General offer for all SFI shares triggered, lifting total bill to $509 million By' MINORITY shareholders of Singapore Airport Terminal Services (SATS) have given their company the nod to buy a controlling stake in Singapore Food Industries (SFI) from Temasek
      529 words
    • 487 9  -  LYNETTE KHOO By THE Asia-Pacific region looks set to be a hive of activity on the mergers and acquisitions (M&A) front this year. Given the current cheaper assets, brought about by the economic gloom, CEOs especially those in Asia Pacific are looking
      487 words
    • 149 9 Bloomberg [SHANGHAI] PCCW Ltd, Hong Kong's biggest phone company, climbed to a four-month high on the city's stock exchange yesterday after the largest US proxy advisory firm recommended that shareholders accept a buyout offer from chairman Richard Li. The provider of fixed line,
      – Bloomberg  -  149 words
    • 160 9  -  BRITTANY KHOO Byl DESIGN Studio Furniture Manufacturer's 45 per cent owned associate firm, DDS Contracts Interior Solutions (DDS), has won a $48 million contract to provide interior design works for the casino at Resorts World at Sentosa. DDS, an interior fit-out specialist, said
      160 words
    • COMPANY BRIEFS
      • 182 9 METRO Holdings yesterday said it has sold its entire stake in Hualing International Commerce and Trade Plaza in Urumqi, China. Metro said that it has "ceased to have any interest" in Hualing Asset Management, a joint venture investee company. Hualing Asset was
        182 words
      • 106 9 ORIENTAL Food Holdings has warned of a loss for the full-year ended Dec 31, 2008. It said total sales for FY2OOB had been affected adversely by the economic downturn, coupled with adverse reports on food safety in China. Finance costs had increased, caused by higher
        106 words
      • 57 9 SINOBEST Technology Holdings, in a profit guidance yesterday, said the group's expected unaudited consolidated loss for the full-year ended Dec 31, 2008, is mainly attributable to an overall decrease in profitability under the continuing fierce competitive environment, particularly due to the global economic
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      • 69 9 MULTISTAR Holdings said it is expected to incur losses for the 12 months ended December last year as it makes progress with the acquisition of new businesses. It has to provide for additional project costs in certain construction projects. Also cited are losses relating to
        69 words
  • Page 5 Advertisements
    • 132 5 I "1 Improving lives through ,"^l.. ogKtit, advanced technologies. //i jL* Hitachi's goal is to empower society in every aspect with Gfr^JUt "W^^r /s£ss |m (tiw'Mim^i advanced and eco-friendly technologies. It is this quest PiS?Oj '"^v ssMssr Jj fj rt-\Twr imTi that drives Hitachi to develop inspiring innovations to A
      132 words


  • PREMIUM LEADERS
    • 982 7  -  TEH SHI NING By' A KEY challenge for the insurance industry at the moment is attracting the right talent, says Scott Ryrie, chief executive officer of Allianz SE Reinsurance Branch Asia Pacific. According to Mr Ryrie, given the rising number of insurers and reinsurers in Singapore,
      982 words
    • 1237 7 Rebranding and restructuring have positioned RSA Group Singapore to meet the challenges of operating in a difficult economic climate, reports TEH SHI NING ONE of Mark Mitchell's passions is collecting Asian art pieces paintings, sculptures, installations. In his view, the art scene here
      1,237 words
    • 714 7  -  TEH SHI NING IT is commonplace these days for university students to hunt down good internships for their long mid-year break and beef up their resumes. What made Fabian Phua's summer internship unusual was that it took him right into the heart of
      714 words

  • SINGAPORE MARKETS
    • 921 8  -  LARRY WEE CURRENCIES Pound hits record low against the yen, key euro support beckons at 115 yen RISK aversion, which seemed to abate at times over the past week, reared its ugly head again yesterday, this time inflicting its worst punishment on the
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    • 85 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 8 4 0 0 0 3 8 4 lanufacturing 37 56 52 41 64 61 Commerce 24 12 26 16 'pt/Stor/Comms 15 16 :inance 21 21 Construction 10 11 'roperties 19 19 lotels/Rsts jervices 26
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    • 98 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 16,837 16,837 45,240 45,240 lanufacturing 227,530 14,852 242,382 100,172 407 100,579 Commerce 62,588 9,584 72,172 48,470 1,437 49,907 ■pt/Stor/Comms 53,441 65 53,506 90,973 90,978 :inance 33,542 33,542 250,143 250,143 Construction 19,100 1,801 20,901 1,247 28 1,274 ■roperties 43,039 43,039
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    • 105 8 lapitaLand 2.690 -0.110 lapitaMall 1.440 jtyDev 5.750 -0.070 losco Corp 0.815 -0.015 IBSGrp 8.660 -0.030 :&N 3.130 -0.020 Sent Intl 0.435 -0.015 iolden Agri 0.285 IK Land 2.090 -0.100 IMH 18.620 -1.040 ISH 9.820 -0.400 lardineC&C 10.700 -0.120 leppel Corp 4.150 leppel Land 1.510 -0.030 IOL
      105 words
    • 769 8  -  CONRAD TAN Sembcorp Marine Jan 20 close: $1.59 DBS GROUP RESEARCH, Jan 20 PETROMENA has won approval from its bondholders for higher debt facilities of US$3OO million (from US$2OO million previously) from Lloyds TSB for the first semisubmersible rig scheduled for delivery by Sembcorp Marine (SMM) in April,
      769 words
    • 573 8  -  R SIVANITHY STOCKS WHEN most of the day's top 20 gainers are put warrants instruments that go up when stocks go down you know it wasn't a good day for the market or the bulls, thin though their ranks might be. And
      573 words
    • 4 8 DAILY
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    • 59 8 CLOSE BT OB/OS -737.00 -80.00 BT CADI -*****.00-104.00 BT 10-day MA -*****.00 -74.00 FTSE ST Mid Cap 350.22 -2.73 FTSE ST Small Cap 291.81 -3.86 FTSE ST All Share 413.68 -5.28 FTSE ST China Top 183.70 -3.07 FTSE ST China 182.35 -3.15 UOB Catalist 74.81 +1.04 SIMSCI
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    • 59 8 VOLUME Golden Agri 87,763,000 China Honqxinq 40,513,000 JuronqTech 33,139,000 Synear 29,398,000 Noble Grp 27,277,000 Gent Intl 26,262,000 BanJoo 19,198,000 Sing Tel 15,318,000 Swiber 12,133,000 Jade Tech 12,027,000 VALUE(S) UOB 97,904,800 DBS Grp 78,403,970 Sing Tel 38,761,190 OCBC Bk 35,164,713 Keppel Corp 30,388,800 SGX 29,916,090 Capita Land 29,838,850
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    • 101 8 CLOSE UP 10US$ 180 21.1 8.4 fxorCRBNonEni UOB 5.05%NCPS 100 9350 20.0 0.2 S I A 1136 16.0 1.4 SIA 200 1120 14.0 1.3 WBL Cor| 388 12.0 3.2 GrandBanks 68 8.0 13.3 STI 1950 DBePW/*****2 49.5 7.5 17.9 STXPO 100 1100 6.0 0.5 UOBRBePW*****3 79.5 6.0 8.2 Land
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    • 120 8 CLOSE DOWN GLD 10US$ 8150-195.7 -1.6 JMH 1862-156.6 -5.3 JSH 982 -60.2 -3.9 China H 10US$ 916 -51.2 -3.i CIMBAsean40 100US$ 481 -33.1 -4.4 India Ni 10 860 -31.0 -3.! OCBCCai 5.1%NCPS 100 8970 -30.0 -0.3 UOB 1160 -30.0 -2.5 ISMSCI India 100 327 -21.1 -4.1 OCBC Bk4.5%NCPS 100
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    • 84 8 iere« S$ stands Jan 20 CHNG CLOSE FRJan 19 YR 2008/2009 S$ LOW S$ HIGH USS 1.5070 -1.00 1.5346 1.3457 Euro 1.9535 1.50 2.2064 1.8640 Pounds 2.1062 3.95 2.8431 2.0663 AS 1.0022 1.03 1.3251 0.9068 Yen* 1.6586 -0.66 1.6910 1.2619 Rupiah* 0.***** -0.82 0.***** 0.***** Baht* 4.3094 -0.88 4.4299
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  • Page 9 Advertisements
    • 684 9 Uti.I.IJIT&T I Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2008 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the year ended 31 December 2008. Group 2008
      684 words

  • SINGAPORE NEWS
    • 977 10  -  TANG WEN EN Credit Suisse estimates number could reach 200,000 By' EXPECTED job losses will trigger a big drop in the number of permanent residents (PRs) and foreigners in Singapore, says Credit Suisse, estimating that the figure could rise to 200,000. And this will
      977 words
    • 391 10  -  CONRAD TAN Region's gradual recovery to fuel sustained stock rebound in H2 By MOST Asian economies are likely to hit bottom in the second quarter of this year and then begin a slow recovery, analysts from Credit Suisse's private banking division
      FILE PHOTO  -  391 words
    • 299 10  -  CHEN HUIFEN Byl PHARMACEUTICAL drug giant Abbott yesterday opened a US$5 million R&D facility in Singapore its first laboratory in Asia. Housed at the biomedical hub Biopolis, the lab will increase the firm's capacity in analytical research and stability studies. These are
      299 words
    • 353 10  -  ZEINAB YUSUF Khaw hints at more subsidies to help lower-income group By WITH most people expecting tax cuts, rebates and other goodies from this year's Budget, health care an area hardly mentioned is nonetheless a high priority. Health Minister Khaw Boon Wan said yesterday
      353 words
    • 308 10  -  VICTOR KATHEYAS By' THE Chloride Group, which provides secure energy solutions for critical business applications, plans to expand in Singapore. Etienne Guerou, Chloride's vice-president in charge of South-east Asia, said the company will increase its Singapore headcount about 60 per cent this year. Chloride,
      308 words
    • 401 10  -  NISHA RAMCHANDANI By SINGAPOREANS are less likely than most of their Asia-Pacific neighbours to cut spending on property and renovations, according to a MasterCard survey. The MasterCard Worldwide Index of Consumer Purchasing Resilience measures the resilience of planned expenditure
      401 words
    • 337 10  -  CHEAH UI-HOON By COME February, fashionistas will get to ogle at haute French fashion at the National Museum, when a Christian Lacroix show opens here. The show is a result of the National Heritage Board's (NHB) cultural agreement with its French counterpart. The board inked
      337 words

  • ECONOMY WATCH
    • 582 11 Bloomberg, Reuters Index's third straight increase follows ECB rate cut and govt stimulus package [BERLIN] German investor confidence improved more than economists forecast in January after the European Central Bank cut interest rates and the government announced a second spending package to battle the deepening
      Bloomberg, Reuters  -  582 words
    • 799 11 Reuters [DUBAI] Arab oil producers will raise public spending only cautiously to guide their economies through the global recession. A slump of more than US$llO in the price of oil to under US$36 a barrel from its peak last July has halted
      Reuters; REUTERS  -  799 words
    • 347 11 Reuters [GENEVA] Global flows of foreign direct investment (FDI) fell by 21 percent last year and are likely to keep dropping this year, the UN agency Unctad said on Monday. The fall came largely as a result of the financial
      Reuters  -  347 words
    • 623 11 LAT-WP States may enforce own greenhouse-gas emission standards [LOS ANGELES] If the car industry thinks it has problems now, wait until Barack Obama takes the wheel. Not long after assuming the presidency, Mr Obama is expected to grant a waiver allowing
      LAT-WP  -  623 words
    • 489 11 -NYT [SYDNEY] The Australian economy, once considered a relatively save haven, is headed for a steep downturn in 2009, in part because of slow-er-than-expected growth in China, a leading forecaster said on Monday. In a starkly worded quarterly outlook report,
      -NYT  -  489 words
  • Page 11 Advertisements
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      56 words

  • MALAYSIA/INDONESIA
    • 548 12 Bloomberg, Bernama Measures to include help for firms that have been forced to lay off workers [KUALA LUMPUR] Malaysia will be rolling out a second economic stimulus package in an attempt to avoid a recession forecast by Citigroup Inc and Standard Chartered
      Bloomberg, Bernama; FILE PHOTO  -  548 words
    • 660 12 -AFP [JAKARTA] A Singaporean who met Osama bin Laden in Afghanistan confessed yesterday to plotting attacks against Singapore's Changi Airport and a US navy logistics centre there, as he stood trial on separate terror charges in Indonesia. "We did plan to attack Changi airport in
      -AFP; AFP  -  660 words
    • 328 12 Bloomberg [JAKARTA] Lotte Group, which includes South Korea's largest departmentstore operator, will spend nine trillion rupiah (551.22 billion) to add stores in Indonesia, Asia's third-most populous nation, over the next four years. The group that acquired PT Makro Indonesia for US$223
      Bloomberg  -  328 words
    • 394 12 [KUALA LUMPUR] Malaysia's Public Bank Bhd says it has posted a record net profit of RM2.58 billion (Ssl.oB billion) for the financial year ended Dec 31, 2008 an increase of 22 per cent from RM2.12 billion a year ago. The Star newspaper reported yesterday that
      394 words
    • 166 12 -AP [KUALA LUMPUR] Malaysia's government urged people yesterday to protect themselves from dengue fever after infections and deaths caused by the mosquito-borne disease doubled in the first weeks of this year. Eight people died of dengue through Jan 17 this year, twice the number of
      -AP  -  166 words
  • Page 12 Advertisements
    • 17 12 lft*®4L I Lianhe Zaobao I I China's I I chill wind I of financial I crisis too
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    • 213 12 W^a^f mats g^NOTICES In the Matter of The Companies Act, Cap.so And In the Matter of SOUTH POINT DEVELOPMENT PTELTD (In Members' Voluntary Liquidation] (Co. Reg. No. *****3486 C) NOTICE OF FINAL MEETING NOTICE IS HEREBYGIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting
      213 words
    • 67 12 L^l The famous "A Room Within A Room" concept originally designed by Eero Aarnio in 1996 Chic retro design A with white exterior A red interior cushioned m wall that is H upholstered in fabric 1 Durable stylish V II fiberglass shell Swivels 360 degrees Removable interior cushions for easy
      67 words

  • GREATER CHINA/INDIA
    • 691 13 -Reuters Software firm may have inflated staff count, says report [BANGALORE] The Indian government yesterday widened its probe to two firms linked to Satyam Computer Services Ltd's jailed founder. The government said the Serious Fraud Office's investigation into India's biggest
      -Reuters  -  691 words
    • 386 13 Bloomberg Unemployment rate including migrant workers may top 9.4% this year [BEIJING] China's official urban unemployment rate jumped for the first time since 2003 and may climb to an almost 30-year high as exports slump and a slowdown deepens in the
      Bloomberg; REUTERS  -  386 words
    • 236 13 -AFP [BEIJING] Chinese Premier Wen Jiabao has warned the nation's economy faces the toughest year since 2000, pledging a range of measures aimed at curbing the downturn, state media reported yesterday. "This year is the most difficult year for China's economic development
      -AFP  -  236 words
    • 457 13 Bloomberg [HONG KONG] Bank of East Asia Ltd chairman David Li said he has turned down Chinese banks expressing interest in buying part of the 90-year-old lender, whose stock has lost 64 per cent in the past year. "We've got
      Bloomberg  -  457 words
    • 632 13 Reuters Defence White Paper cites containment abroad and separatist groups at home [BEIJING] China fears containment abroad and separatist groups at home, a defence policy paper said yesterday, justifying a drive to increase military spending and push the People's Liberation Army into the high-tech
      – Reuters  -  632 words
  • Page 13 Advertisements
    • 642 13 w A MAIS IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND KURVERS PIPING PTE LTD (In Members' Voluntary Liquidation) (Registration No. *****3782E) At an Extraordinary General Meeting »V« a have passed the following Resolutions VI I A/I A in writing pursuant to Articles of its I 'VI rA
      642 words

  • OBAMA'S INAUGURATION
    • 996 14 -AP, AFP As recession rages, first black president brings cheer to war-weary populace [WASHINGTON] Washington pulsed on Monday on the eve of Barack Obama's inauguration with a building sense of joy, racial healing and a lightness of mood rarely witnessed during grim months
      -AP, AFP  -  996 words
    • 325 14 Bloomberg [WASHINGTON] President-elect Barack Obama's inaugural committee exceeded its goal of raising US$4O million, with Google, Microsoft and Citigroup employees and their families among the biggest contributors. Spokeswoman Linda Douglass did not have an exact figure, though said late on Monday that the committee had
      Bloomberg  -  325 words
    • 257 14 -AFP More than 50 stars show their support in MySpace video [WASHINGTON] On the eve of Barack Obama's inauguration more than 50 celebrities have teamed up on MySpace to record videos making a "pledge of service" to the next president of the United States. Among the
      -AFP  -  257 words
  • Page 14 Miscellaneous
    • 528 14 THE 56TH PRESIDENTIAL INAUGURATION Historical American flags M EKg| gggj Egg M j will be draped from the Capitol, ffi S| INAUGURATION BarackObama was sworn in yesterday (Washington time, 12 noon) including the 1819 us flag j programme as the 44th president and the first African-American to serve as signifying
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  • ASIA-PACIFIC/WORLD
    • CAR CRISIS
      • 568 15 Reuters [PARIS] Struggling French car makers will get up to six billion euros (5511.7 billion) of state aid to help the key industry survive the financial crisis, the prime minister said yesterday. "Our effort in favour of manufacturers will be massive.
        – Reuters; I AFP  -  568 words
      • 460 15 -AP Italian firm to offer small-car platform, fuel efficient engine for 35% stake [ROME] Fiat and Chrysler yesterday said they have signed a nonbinding agreement for a strategic alliance that would give the Italian auto empire a 35 per cent stake in the troubled US
        -AP  -  460 words
      • 518 15  -  GREG LOWE By in Bangkok THAILAND'S domestic auto sales are expected to plunge another 15.4 per cent this year, says the country's biggest car maker. But industry observers reckon the decline could be worse. While the country's economic fundamentals remain sound and its
        518 words
      • 232 15 -AFP [PORTIMAO, Portugal] Formula One must cut costs if it is to survive the credit crunch, Renault boss Flavio Briatore warned on Monday. He said: "No business can survive only by losing money. In a time of crisis, as difficult as this
        -AFP; REUTERS  -  232 words
  • Page 15 Advertisements
    • 1328 15 w A WATS THE COMPANIES ACT, CAP. 50 I STATUTORY DECLARATION BY I Th.cl^telS Oip 50 EXPORT FASHION PTE LTD DIRECTOR OF The Company Act, Cap. 50 '""XSSl?Vok,Kwiii3r^ roLIMER CHEMICAL (SI "E LTD I" The Matter Of Company Registration^: 1995u1<i33-R |CO k,m^Soo^f™pl° n SHAN DEVELOPMENT PTE LTD At an Ertmndlnary
      1,328 words

  • WORLD
    • 698 16 -AP Slump teaches them to cut inventory, lower prices, gauge buyer satisfaction [NEW YORK] For years, America's retailers could afford to be sloppy about running their businesses because customers kept buying. No more. Stung by the worry that shoppers may not start
      -AP; AFP  -  698 words
    • 336 16 -AP [WASHINGTON] Vice-President Dick Cheney has broad discretion in determining what records created during his eight-year tenure must be preserved, a federal judge ruled on Monday. Absent any evidence that Mr Cheney's office is failing to safeguard records, it is up
      -AP  -  336 words
    • 500 16 -AP Deal can make him biggest shareholder of the newspaper [MEXICO CITY] Latin American billionaire Carlos Slim looks to expand his empire in the United States in a deal that could make him the largest shareholder of The New York Times Co. The
      -AP  -  500 words
  • Page 16 Advertisements
    • 241 16 LUAUKI l^ijjjjj^l^^ 8 Welcome the Year of the Golden Ox with MEGU-Blessings! JJir j»-^ Celebrate this Chinese New Year with your family, staff clients at MEGU Event Hall JrW'' W^W Jbj&^ I BL Lo Hei with MEGU's Wheel of Prosperity Yu Sheng Auspicious CNY Delicacies. «P /ftWg Enjoy our exclusive
      241 words

  • FOCUS: WINE
    • 740 17 -Re uters Global demand hurt by financial crisis; shipments down 18% by value in'oB [MURRUMBATEMAN, Australia] From a picturesque hill overlooking the hazy distant foothills of Australia's eastern ranges, Bruce March can see a crisis facing the country's A 52.4 billion (552.39 billion) wine export
      -Re uters; REUTERS; Australian Bureau of Statistic, Vineyards Survey 2008, Australian Government; Reuters  -  740 words
  • Page 17 Advertisements
    • 220 17 LUXURY faajßEj™™ mmmmmMttM yrnrTIIC MARINA Asian Grace, Warmth Care MERIT US MANDARIN MANDARIN Singapore WWW.meritUS-hOtelS.com Singapore manag^bymeritos J|b| 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 AduitTcniid Muit'Taim I W geese to
      220 words

  • Transport HUB
    • 436 18 Weaker demand ahead of Chinese New Year holidays cited for fall [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, posted a third consecutive decline on weaker demand and slower activity before the Chinese New Year holidays. The index tracking
      436 words
    • 654 18 -AFP [MOSCOW] The parents of Ukrainian sailors held hostage by Somali pirates on a ship carrying a vast horde of weapons have told AFP they want humanitarian groups to help the sailors suffering "horrible" conditions. The parents, all from Ukrainian coastal regions, have
      -AFP; AFP  -  654 words
    • 155 18 Bernama [BEIJING] Chinese naval vessels have so far carried out six escort missions for 16 ships in the pirate-ridden waters off the Somalian coast as up to Bam yesterday, Xinhua news agency quoted a Chinese military spokesman as saying yesterday. Cai Huailie, deputy director-general of
      – Bernama  -  155 words
    • 181 18 Bloomberg [MELBOURNE] The shipping queue at Australia's Newcastle port, the world's biggest coal export harbour, dropped to its lowest in almost five months amid declining stockpiles of the fuel due for loading. A total of 20 ships were lined up outside the port at 7am
      – Bloomberg  -  181 words
    • TRANSPORT STOCKS
      • 107 18 '000 Jan CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.24 ....unch 0.82 ....unch 0.67 0.47
        107 words
      • 37 18 '000 Jan Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.52 8.65 8.50 2.57 2.38 0.02 unch -0.01 0.05 -0.05 -0.02 -0.02 unch unch 5 64 546 811 32 28 0
        37 words
      • 13 18 ■oo Jan 'recious Ship Regional Cont .10.90 ...6.60 -0.10 -0.10 476 67
        13 words
      • 12 18 '000 Jan Doil iingamas Cont 16.64 0.84 -0.26 -0.06 129 7108
        12 words
      • 26 18 '000 Ian 20 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.90 13.75 unch 0.80 0.10 0.25 unch -0.10 62 632 0 10
        26 words
      • 27 18 Ian 20 HT$ Vol Evergreen Marine ...13.40 :irst Steamship 30.60 /Van Hai Lines 12.80 t'ang Ming Marine 9.00 -0.65 -0.70 unch -0.50 10 2 3 12
        27 words
      • 42 18 '000 Jan 'en (awasaki Hvy Ind ..185.00 -3.00 ***** (awasaki Kisen 354.00 -15.00 7587 Mitsubishi Hvy 356.00 -5.00 ***** Mitsui Eng&Sbldg...148.00 -5.00 4894 Mitsui Osk Lines 554.00 -10.00 ***** Mippon Express 343.00 -10.00 3135 MipponYusen 486.00 -11.00 6733 iource: Thomson Reuters
        42 words
    • 1273 18  -  Jurong Port DEVELOPED as a wharf in 1965 to support Singapore's first and biggest industrial township, Jurong Industrial Estate, Jurong Port (JP) today is a thriving multi-purpose port which handles a diverse range of cargoes and vessels. A fully owned subsidiary of
      1,273 words
    • TRANSPORT HUB: SHIPPING
      • 194 19 Bloomberg [ATHENS] Greek shipping executive Pericles Panagopoulos was released early yesterday, eight days after being abducted at gunpoint from a seaside suburb of Athens. Mr Panagopoulos, 74, founder of the ferry operator Attica Holdings SA, was discovered in the western Athens suburb of Aspropyrgos
        – Bloomberg; REUTERS  -  194 words
      • 244 19 Bloomberg [MELBOURNE] Gladstone Port Corp, manager of the world's fourth-largest coal export terminal, said the As 4 billion (Ss4 billion) cost estimate of a planned expansion may decline because of falling costs for construction materials. The cost "is under review because what we had
        – Bloomberg  -  244 words
      • 988 19  -  DAVID HUGHES STRAIT TALK It's a chance to expand ops for those with the right timing and cashflow By SUPPOSE it would be impossible to prepare shipping accounts for 102 years and not pick up a thing or two about the cyclical nature of shipping and how
        988 words
    • TRANSPORT HUB: AVIATION
      • 583 20  -  PAULINE NG But long-term sales trend is still up despite the global economic crisis By I in Kuala Lumpur AIRBUS received orders for 23 corporate jets worth US$3 billion last year a 40 per cent drop from a record 38 orders in 2007.
        FILE PHOTO  -  583 words
      • 193 20 -Bloomberg [PARIS] Air France-KLM Group, Europe's biggest airline, has called investment banks to say that it had a third-quarter loss, according to three analysts who say they were contacted. Air France had the biggest drop since Dec 1 in Paris trading on Monday, declining
        -Bloomberg  -  193 words
      • 341 20 Reuters [LONDON] Ferrovial, under pressure from regulators to sell London's Gatwick airport, has received indicative offers from bidders including the operators of London City, Budapest and Chicago Midway airports. But although several parties are vying for Britain's second-busiest airport, none would comment
        – Reuters  -  341 words
      • 462 20 -AP [ATLANTA] Airlines that do business at the world's busiest airport are taking a tough stance in talks over new lease agreements, threatening to move some flights to other airports if they can't maintain competitive costs on fees they pay. The master lease
        -AP  -  462 words
      • 145 20 Xinhua [BEIJING] Shanghai Airlines' net loss more than doubled in 2008 to 870 million yuan (*****.7 miUion), the carrier said yesterday in a statement to the Shanghai Stock Exchange. The airline, reporting unaudited figures to the exchange, cited the impact of weak demand and
        Xinhua  -  145 words
      • 2616 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
        2,616 words
    • TRANSPORT HUB: MOTORING/AVIATION
      • 525 21  -  SAMUEL EE LTA Parallel importers sold an all-time high of 23,142 cars in 2008 By: HONDA overtook Toyota as the most popular parallel imported brand in 2008 the first time Japan's sec-ond-biggest carmaker has risen to the top spot here. But overall, Toyota,
        LTA  -  525 words
      • 606 21  -  SAMUEL EE Move could be linked to crackdown on tax evasion By AFTER slumping to a new low in December on falling petrol prices and refuelling woes, sales of cars powered by compressed natural gas (CNG) face a new speed hump.
        CHEVROLET; :LTA  -  606 words
      • 634 21 LAT-WP [WASHINGTON] We can all learn something from Chesley "Sully" Sullenberger 111. After his US Airways plane lost power and the smell of smoke and jet fuel filled the cabin, he needed to make a decision. The air traffic controllers were instructing him to
        LAT-WP; REUTERS  -  634 words
      • 260 21 -AFP [ROME] Alitalia on Monday cancelled 30 flights, including six to international destinations, due to its first strike since its launch under private ownership less than a week ago, Telenews agency reported. The airline would only confirm to AFP that
        -AFP  -  260 words
  • Page 18 Advertisements
    • 147 18 OFFICIAL CIRCULAR Republic of Cameroon From Cameroon National Shippers Council (CNCC) Application form no. 0001/CNCC/DG established on 2nd January 2009. In accordance with payment fees to sort out Electronic Tracking Notes (ECTN) charges. Owing to increase of ECTN falsification measures notified in Cameroon in application of Ministerial Decree n0.*****/MINT dated
      147 words

  • Page 19 Advertisements
    • 59 19 ""junong Pont A Premier Multi-purpose Port I Trusted for quality service and efficiency, we are reaching new heights in all these areas. As always, you can rely on us. -^^H^i'^vv'* es* on*a'ner Terminal Operator Asia (under 1 million teus per annum) AFSCA Award 2008 Best Emerging Container Terminal J I^l
      59 words

  • Page 20 Miscellaneous
    • 346 20 CRYPTIC CROSSWORD 9 The woman collecting prestig- II I ious award is a poet (5) I I I I 110 ill j 10 Notes Cornish ma getting ag- L^J L^J L^J 11 Little place woman and ~i daughter designed (7) I l___^l__^l__^M___l J_^J__ 12 Someone threatening blokes I I I
      346 words


  • EDITORIAL & OPINION
    • 531 22 SINGAPORE'S Ministry of Trade and Industry (MTI) is due to announce this morning its fresh assessment of the economy's "growth" prospects for 2009 barely three weeks after its first GDP downgrade for the year. If 2008 turned out to be an exceptionally tumultuous year
      531 words
    • 1134 22  -  GRETCHEN MORGENSON -NYT The rip-roaring performance of financial sector firms isn't likely to return anytime soon By THE concept of the financial supermarket (the all-things-to-all-people, intergalactic, behemoth banking institution) bit the dust last week. The first death notice came on Tuesday, when
      -NYT; AP  -  1,134 words
    • 791 22  -  PAUL SAMUELSON The Washington Post Writers Group THE BOTTOM LINE FOR Barack Obama, the Great Foreboding is both an enormous burden and a splendid opportunity. Americans have drifted, or been dragged, into a state of collective despair and bewilderment. They don't know what
      – The Washington Post Writers Group  -  791 words
    • 1092 23  -  LAM KOK SHANG JIMMY TH TEE Govt should extend its compliance assurance programme to more businesses and give fund managers partial deductions By and IN the best of times, GST obligations can be challenging for businesses. In the worst of times, with a rate of 7
      FILE PHOTO  -  1,092 words
    • 683 23  - UK's bad banks a moral dilemma and a valuation puzzle GEORGE HAY By THE UK banking sector needs to lance a big and extremely nasty boil. The government had been hoping that measures to boost capital and increase liquidity announced in October would suffice to quell fears about UK banks'
      683 words

  • Page 23 Advertisements
    • 53 23 n^P FIND THE ONES EcV V y THAT FIT! dor j i Recruit the right people 1 3 —jrP^ through CATS Recruit. > g~=j Call 1800 289 8822 or email V/"> p^ 1 /y \y~\ recruit@sph.com.sg to advertise. n->^ fL J BSAIH Uo. •S RECRUIT f) 1 QL i r
      53 words

  • SINGAPORE STOCKS
    • 8597 24 Transaction date: Jan 20 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 9 3 3148 8Telecom 14.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19 6 1938 AEICorp 10.5 1 1100 AEM 26 7 2101 APOil
      8,597 words
    • 1844 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
      1,844 words
    • 77 25 52-Wk Tel High Low Code Last Sale Vol fOOO) Day 111 Low Last Quote Buyer Seller Div GrYld Net MCap C'yr P/E $mil Comi _Hm ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 343 158
      77 words
    • 64 25 Hii Low Code Comi Sale COOP] Hii Low Bu; Seller C'vr P/E ,mil 90.4 36.5 6000 AVJennings 13 4 6134 Over&Gen 27 6 6017 StarCruises 250 104 6019 TanChonglnt A45 A8 US8.5 HK110 unch unch unch 1 25 18 45 8.5 110 45 8.5 110 35 8 110
      64 words
    • 8833 25 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.412/ AIGIF Spore Bond Fund/A 1.225/ 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 0.6038/ APS Komaba Global
      8,833 words
  • Page 24 Advertisements
    • 17 24 ROYAL OAK OFFSHORE COLLECTION 'S»J*l£^' "^'"^WillT^^^."''- ff WOjjpl.!!jP^ For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com j^^^^^^^^kaß S-—
      17 words


  • FINANCE & COMMODITIES
    • 360 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 19 World Index Preliminan 641.2 -0.3 -43.3 -0.3 -43.8 -0.7 -45.9 EAFE Preliminai 612.8 -0.7 -45.3 -1.0 -47.5 -1.4 -49.5 Euro[ Preliminan 853.8 -1.2 -44.7 -2.0 -51.4 -2.4 -53.2 Pacific 515.7
      360 words
    • 131 26 As at 9am Jan 20 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9890 1.0210 Can dollar 1.1880 1.2020 Euro 1.9500 1.9730 NZ dollar 0.7980 0.8160 Sterlini 2.1480 2.1730 US dollar 1.4890 1.5060 Local dollars to 100 units of foreign currency:
      131 words
    • 25 26 Jan 20 ten Hii Sett STI SIMSCI Jan 211.0 211.0 208.2 Taiwan Jan 164.4 165.4 159.2 Source: MF Global (S) He. Ltd
      25 words
    • 173 26 Jan 20 $S Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.55 1.00 1.30 1.70 2.10 2.20 Offer 0.15 0.35
      173 words
    • 23 26 Jan 20 I SS Bid Offer 1-month 1.5054 1.5076 2-months 1.5049 1.5072 3-months 1.5044 1.5067 6-months 1.5033 1.5058 Source: OCBC
      23 words
    • 65 26 Jan 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Low Vol Open Done Position Feb 09 1845 1843 1859 1815 341 6271 Mar 09 1820 1835 1846 1802 1773 ***** AprO9 1818 1827 1850 1799 7760 ***** May 09 1816 1829 1845
      65 words
    • 299 26 Jan 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.9800 99.0350 99.0050 98.8750 ***** 3800 4511 1612 EUROYEN TIBOR FUTURES MarO9 99.410 99.420 JunO9 99.535 99.535 SepO9 99.550 99.555 DecO9 99.520 99.530 Mar10 Jun10 Sep10 Dec10 99.410 99.535 99.550 99.510 99.420 99.540
      299 words
    • 179 26 Jan 20 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) FebO9 151.0 Mar 09 Apr 09 May 09 JunO9 Jul 09 151.0 151.0 153.0 156.4 160.5 160.8 158.5 40 618 604 944 937 976 361 TSR 20 (US cents/kg)
      179 words
    • 91 26 Jan 20 mcasuni dills Period Issue code Maturity Yesterday's Bid Hi. Day's [h Low 3-Month BQ*****F 23.04.09 1-Year BY*****V 02.11.09 0.32 0.53 0.27 0.20 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • 104 26 Jan 16\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 09 1020.00 994.50 1022.00 1006.00 May 09 1029.00 1003.25 1031.00 1015.00 Jul 09 1038.50 1013.25 1039.00 1026.00 Aug 09 1032.00 1009.50 1033.00 1021.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 34.59 34.40 35.10
      104 words
    • 77 26 CRUDE OIL PRODUCTS Jan 19 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 44.27 -3.22 WTI (Near Mth) 34.65 -1.32 Dubai (1-Mth F) 43.56 -2.20 Tapis blend 47.80 -0.15 Minas 45.40 -1.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 42.32 59.90 -0.13 -1.71 US$/barrel Opec Oil
      77 words
    • 462 26 Jan 20 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.835 4.523 0.511 5.130 32.419 73.900 0.599 9.086 2.388 1.243 53.036 31.379 0.996 6.772 0.757 22.252 23.116 0.469 0.661 Canada 1.198 5.417 0.612 6.145 38.830
      462 words
    • 78 26 Jan 20 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.*****
      78 words
    • 158 26 Jan 20 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9955 0.9971 0.6612 0.6614 Canadian dollar 1.1923 1.1944 0.7919 0.7923 Euro 1.9485 1.9516 1.2942 1.2945 NZ dollar 0.8004 0.8022 0.5316 0.5321 Sterling md 2.1246 2.1278 1.4111 1.4114
      158 words
    • 134 26 Jan 20 Hong Kong London 837.60 824.20 838.60 825.20 Jan IS Jan 19 833.50 834.05 835.50 836.05 Source: Thomson Reuters CAST BAR (S$) Jan 20 Buying Sellim Kilobar "42,996.88" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
      134 words
    • 70 26 Jan 19 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1388.00 1431.30 3 months 1423.00 1465.00 Copper, Grade A (US$/tonne) Cash 3 months 3397.50 3430.00 3323.00 3355.00 Lead (US$/tonne) Cash 1175.00 3 months 1179.00 1662.00 1169.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 65 26 Jan 19 COCOA (Btonne) Close Prev Hii ih/Low Mar 09 1780 1766 1804/1758 May 09 1754 1740 1771/1741 Jul 09 1744 1730 1765/1735 SepO9 1732 1720 1753/1722 COFFEE (US$/tonne) Close Pev High/Low Jan 09 1990 2010 1995/1958 SUGAR (US tonne) White Close Prev High/Low Mar 09 345.0 341.4 345.0/341.4
      65 words
    • 2378 26 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058 Advance Modules W*****3 >036 Advance SCTW*****9 6 susp 0.5 halt 1 17 156 1.50 1 87 1246 13.00 43 19 )092Asia Environment W*****4 1481 Asia Water Tech W*****0 5816 #Asiasons
      2,378 words

  • Page 27 Advertisements
    • 1806 27 m The Business Times Shipping Times MifiBHBHIBI K^jWl i^^K^ftWtiilffil li^M WAN HAI |nternat|onal pte ltd K~^ A JJBHi9^gair/»glilCTllllEIS ||IH V\m\ lA/AM UAI lIKICC TEL6226|SBB «4L|NES) FAX:*****163 WnJHffSmwfT \\NH\WMIi flnl LlllEj PKLTEL:(O3) *****88S FAX: (03| *****288 UN TEL: (04)*****00 FAX: (04)*****99 V"~^ JOH TEL: (07) *****23 FAX: (07)*****21 SURIEL: (031) *****75
      1,806 words

  • Page 28 Advertisements
    • 2495 28 RICKMERS-LINIE 11 |Tg-\ EASTERN CAR LINER, LTD If^ £J®2S^a? I UR^A 9 S U!rvice regk'BU'k/PrOieCt/SOC C°nVen"Ongl SerV'CeS website; www.ri.kmers.com ||_5J SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS~| WEEKLY EXPRESS SAILING SCHEDULE S£ln I% I 2VOI IMT I I oi" I I °RF I -12/04 I M°B I NEN INK
      2,495 words

  • Page 29 Advertisements
    • 3051 29 K^^ H 19 H 19 H I I ANDERSEN ""eIS^II GLORY NAVIGATION fißflUpi ■sffWsJjM ISM Hfifl l^fl shipping company/ 70 SheMon Way, #21-03 Marina House Singapore *****8 Vi^m ULI»11 lIHWIUHIIUH UllUUr Kpir|B HiP ffilß HMIR Ml |Mi north west express line miMii-f/33,-^f wm^ Mfro®|jl MONTHLY SERVICE TO WESTERN AUSTRALIA AND
      3,051 words

  • Page 30 Advertisements
    • 2891 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 SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      2,891 words

  • EXECUTIVE MONEY
    • 649 31 However, Merrill Lynch still advises clients to hold on to Treasuries for the next six months, reports GENEVIEVE CUA MERRILL Lynch strategists expect 2009 to be a stronger year for investments, but clients are still advised to hold on to Treasuries for the next six
      Merrill Lynch US Quantitative Strategy  -  649 words
    • 1689 31  -  KELVIN TAY Six indicators of a stabilising global economic environment are likely to be found in the credit markets THROUGHOUT history, the antecedents of financial crises in both developed and emerging markets appear to share many similarities. The Great Depression, the
      1,689 words
    • 1114 32 Redemptions have hit the fund of hedge funds but it believes the industry will consolidate and move on. GENEVIEVE CUA reports A FLOOD of redemptions has ravaged the hedge fund world, where total assets are estimated to have halved to US$l trillion. But Permal, one
      ARTHUR LEE  -  1,114 words
  • Page 31 Advertisements
    • 542 31 Call 6-222 6868 now Account Serve for the Accounting Specialists www.Accountserve.com.sg A MATS PACIFIC SHIPPING TRUST (A business trust constituted on 25 April 2006 under the laws of the Republic of Singapore) Managed by PST Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that
      542 words

  • Page 32 Advertisements
    • 106 32 |%BH ISiSBBI I §k Pacific Healthcare Nursing Home II is a purpose-built facility providing long/ DIZAIN shorttermconvalescentandrespitecaretoresidentswithvaryingneeds.lt ■j| ■^jsfj3WwTST?ll Kilo hi ila arr-hif-or'frc features open atriums with natural sky light, interactive day spaces as well as a I V*l 10*^ n Hia orCRIieCtS Mt&yyt* wU. lush tropical garden in a
      106 words
  • Page 32 Miscellaneous