The Business Times, 16 February 2009

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Microfilm: NL29655
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Monday, February 16,2009
    19 words
  • Article
    Lock icon Reit managers fail to get payouts trimmed
    662 1  -  KALPANA RASHIWALA Move to cut payout ratio flops as investors demand certainty: sources By [SINGAPORE] The authorities have turned down requests from some Reit managers to reduce the minimum payout ratio to unitholders, BT understands. This is currently set at 90 per cent
    662 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      51 1 ST Index 1,705.64 -9.71 KL COMP 909.84 +13.20 NIKKEI 225 7,779.40 -297.22 HANG SENG 13,554.67 -100.37 SET INDEX 445.77 +1.38 JAKARTA COMP 1,338.74 -11.90 MANILA COMP 1,919.66 -22.82 SEOUL COMP 1,192.44 -17.82 SHENZHEN B 327.37 +25.49 MUMBAI IND 9,634.74 +333.88 DOW 7,850.41 -430.18 NASDAQ 1,534.36 -57.35 S&P 500 826.84
      51 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.91 HONG KONG 5.00 INDONESIA 16.467 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.53 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      44 1 IS$ (S$ US$) 1.507 (USS/SS ier 1.446 2.179 EURO (US$,S$/E) Foreign currency 1.292 ■r US$ 1.948 S$ 'EN 91.20 60.50 3.617 2.400 IK$ 7.753 5.145 !AHT 35.16 23.33 lUPIAH 11,820 7,842 lENMINBI 6.834 4.535 INDIAN RUPEE 48.68 32.30 1.510 1.002 IZ$ 1.891 1.254
      44 words
  • Article, Illustration
    Lock icon GDP blow could send Japan reeling
    791 1  -  ANTHONY ROWLEY Today's numbers may be worse than the bleakest forecasts, stir political storm By in Tokyo MARKETS are bracing for bad news today when Japan announces GDP figures for the final quarter of 2008 a period in which the economy is widely forecast
    REUTERS  -  791 words
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      47 1 8 *****1 *****4 Elll Ss dBEusH :"sw §§j§f llllf e-as-* K:i-*,>a ■•<"-- V V B P-^ -1 per person BSk I Subject to 10% service charge and prevailing government taxes. For reservations and inquires, please contact Tel: +65 6416 7156 or email: damai.sg@hyatt.com A A HYATTPU RE SRA
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      84 1 DINING OUT AGE OF TURBULENCE BizlT S~\ TOP STORIES Another take on j^^^^^^^T Fund managers A*Star unit eyes angel Wt^% Looking for clues to traditional Korean #^*^|jfe/^: still your best bet investors to fund start-ups f the turnaround cuisine pagem I M\& h pageh rage 28 i N rage 2
      84 words
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  • TORIES
    • Article
      Lock icon Wall St desperate for details of bank rescue plan
      769 2  -  ANDREW MARKS Vagueness from new administration will keep markets down and listless By i in New York WHEN the closing bell chimed a week ago Friday, a mood of hopeful expectation pervaded the floor of the New York Stock Exchange as
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    • THREE-MINUTE DIGEST
      • Article
        Lock icon GDP blow could send Japan reeling
        40 2 TOKYO markets are bracing for bad news today when Japan announces GDP figures for the final quarter of 2008 with the economy widely forecast to have contracted at a double-digit annual rate. FRONT PAGE
        40 words
      • Article
        Lock icon Reit managers fail to get payouts trimmed
        53 2 THE authorities have apparently turned down requests from some Reit managers to reduce the minimum payout ratio to unitholders, currently set at 90 per cent of distributable income. Neither will Reit managers get a tax holiday on any undistributed income, as they had
        53 words
      • Article
        Lock icon Looking for clues to the turnaround
        55 2 THE million-dollar question is not how much the economy will contract this year but when it will start turning around. It will be no surprise if each set of quarterly data in the months ahead leads to fresh adjustments with any luck, on the
        55 words
      • Article
        Lock icon Property launches buoyant despite poor economy
        37 2 THE number of units sold over 750 at the Caspian near Jurong Lake and Alexis Alexandra has topped new developer sales for the first quarter of 2008. TOP STORIES, PAGE 3
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      • Article
        Lock icon IPO candidates challenged by volatile market
        60 2 WESTMINSTER Travel, the first company to be listed here this year, has closed almost 50 per cent lower than its issue price. Catalist-bound Japan Foods has acknowledged that valuations in capital markets are now very low. They exemplify the challenges that await those hoping
        60 words
      • Article
        Lock icon Incubators get $30m grant scheme
        44 2 BUDDING entrepreneurs can look forward to greater help from supporting incubators, with the launch of a $30 million programme. The scheme will provide incubators and venture accelerators up to 70 per cent in grant support. SINGAPORE NEWS, PAGE 9
        44 words
      • Article
        Lock icon Some SWFs diverted to support stimulus
        43 2 SOME sovereign wealth funds are seeing their cash sources diverted by the need to support local financial stimulus packages in their own regions or countries, while putting international investment activities temporarily on hold. ECONOMY WATCH, PAGE 15
        43 words
      • Article
        Lock icon China eyes resources security with Rio Tinto deal
        44 2 CHINALCO'S US$l9.5 billion investment in troubled Anglo-Australian mining giant Rio Tinto marks the most money that China has ever invested in an overseas company, reflecting its keen desire to secure vital resources. GREATER CHINA/INDIA, PAGE 17
        44 words
      • Article
        Lock icon G-7 pledges not to distort free trade
        51 2 THE G-7 industrial powers have pledged to do all they can to combat recession without distorting free trade. They also adopted a more conciliatory tone towards China, a non-member regarded as vital to success at an April G-20 summit in London. WORLD, PAGE
        51 words
      • Article
        Lock icon A*Star unit eyeing angel investors for start-ups
        39 2 EXPLOIT Technologies, the commercialisation unit of the Agency for Science, Technology and Research, will be stepping up its efforts to woo angel investment groups and individual investors this year. BIZIT, PAGE 28
        39 words
    • Article
      Lock icon Looking for clues to the turnaround
      1133 2  -  ANNA TEO It is followed by at least 2 quarters of change in the same direction: economist Reports by [SINGAPORE] Seeing as how growth forecasts in Singapore and elsewhere were progressively pared through last year, the mil-lion-dollar question surely is not how much the
      1,133 words
    • Article
      Lock icon S'pore PMI 'decouples' from Asian growth
      369 2 [SINGAPORE] The Singapore purchasing managers' index (PMI), widely seen as a manufacturing barometer, is no predictor of Asia's economic growth, a study has found. An analysis by HSBC economist Robert Prior-Wandesforde found no statistical evidence in Singapore's PMI as a leading indicator of real
      369 words
    • Article, Illustration
      Lock icon Aussie inferno survivors file lawsuit against SP Ausnet
      314 2 -AFP [MELBOURNE] Australian wildfire survivors have launched a lawsuit against a Sin-gapore-owned electricity firm alleging a downed power line sparked one of the blazes, it was reported yesterday. Kinglake residents are launching a class action against SP Ausnet and the Victoria state
      -AFP; XINHUA  -  314 words
    • Article, Illustration
      Lock icon Buoyant Droperty launches defy poor economy
      538 3  -  ARTHUR SIM New developments Caspian and Alexis report brisk sales, add buzz to market By [SINGAPORE] Frasers Centrepoint Ltd (FCL) has delivered much needed positive news by reporting that its 712-unit Caspian condominium near Jurong Lake is now 65 per cent sold with 460
      ARTHUR LEE  -  538 words
    • Article
      Lock icon Students set for Business Quiz
      253 3  -  BRITTANY KHOO By [SINGAPORE] Some 40 students tested their knowledge of business in the qualifiers for the inaugural Singapore Press Holdings (SPH) Singapore Universities Business Quiz on Saturday. The competition was friendly but intense as the qualifiers involved shortlisting the best teams from each university
      253 words
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      Lock icon Page 3 Advertisements Column 1
      284 3 ALL NEW NISSAN ELGRAND Discover ELGRAND's L \E^[^^ ,^o* X -^j^dfl mil XI I^^^^lH^^^^^l Hj K§«Bl -X HbJE Introducing the all new NISSAN ELGRAND, the luxurious 8-seater mobile suite crafted for those with a taste for r^^^^^r the finer side of life' Whetner its for y°ur YIPs or tne YIP
      284 words
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  • COMPANY NEWS
    • Article
      Lock icon At a glance
      1039 4 Full year ended Dec 2008 Three months ended Dec 2008 Net profit refers to profit attributable to equity holders. Trust Reits: Turnover is gross revenue and earnings is income available for distribution. CapitaßChina Tr: The Group's results for FY2OOB includes the consolidated results of Xizhimen Mall and
      1,039 words
    • Article
      Lock icon Some firms emerge from bleak year unscathed
      689 4  -  EMILYN YAP They may have stayed out of the red but total earnings shrank By THE recession bear is swinging its claws but so far, some Singapore-listed companies have managed to pull out of FY2OOB with mere scratches if not unscathed. For the
      689 words
    • Article
      Lock icon China Aviation Oil warns of fourth-quarter net loss
      425 4  -  RONNIE LIM But it expects to remain in the black for FY2OOB By CHINA Aviation Oil (Singapore) has issued a profit warning, saying that it expects a net loss for the fourth quarter of 2008 due to costly jet fuel inventories procured
      425 words
    • Article
      Lock icon Dates of release
      229 4 Full year ended Dec 2008 Map Tech Feb 16 OKP Hldgs Feb 16 Challenger Tech Feb 17 Great Eastern Hldgs Feb 17 SoilbuildGrp Feb 17 STEngg Feb 17 Best World Feb 18 Chip Eng Seng Feb 18 Hyflux Feb 18 OCBC Feb 18 Osim Intl Feb 18
      229 words
    • Article
      Lock icon PRIME LENDING RATES
      396 4 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of
      396 words
    • Article
      Lock icon The real thing – or pie in the sky again?
      642 5  - The real thing or pie in the sky again? OH BOON PING MAGAZINE publisher Lexicon recently announced a $160 million reverse takeover (RTO), making it the first such deal this year. But if one tracks the company's history from its days as Panpac Media.com, a struggling publisher, to its present
      642 words
    • Article, Illustration
      Lock icon IPO candidates challenged by volatile market
      1035 5  -  OH BOON PING Firms in the West consider using Dutch auction system to conduct offerings By WESTMINSTER Travel, the first company to list here this year, closed at 12.5 cents on Friday down 47 per cent from its issue price of 23.5 cents per
      1,035 words
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      Lock icon Page 5 Advertisements Column 1
      87 5 ~^k. BHMkHHH Wayne Nish, Masterchef HHffiuSEBSSuS|H| 2O stars fr°m The New York Times llfiHHMHHli|jj||l|j|9 i Michelin star BtM ms pimp ppmH BjPliilllJlM Now resident Executive C^hef at Prive Irjllu/C^DrffuFifl eatunng an all new menu IBBBiilßHiiH^^ with duilv course set lunch at Ss^z i BBJJBB^SI j£u i nclusivc <>t c< >ftcc
      87 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI resilient till players see overvaluation in US, China
      695 6  -  R SIVANITHY STOCKS THERE'S not a lot we can add to the assessment given in last week's column (and the dozens that preceded it over the past year) that this is a market eminently suited to short-term traders who buy selectively
      695 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      740 6 'aymeni (cts) Ex Books Pay date close date \scendas Reit 4.050 21-Jan 23-Jan 27-Feb Reit bz 4.780 21 -Jan 23-Jan 27-Feb \scott Res Trust ad 2.610 02-Feb 04-Feb 27-Feb iscott Res Trust ao 1.240 02-Feb 04-Feb 27-Feb \scott Res Trust 0.430 02-Feb 04-Feb 27-Feb isiatravel.Com ak 1.100 05-Feb
      740 words
    • Article
      Lock icon Oil price slumps in New York on high US stockpiles
      407 6 ■AFP COMMODITIES [LONDON] New York crude oil prices sank last week as data revealed a large jump in US energy stockpiles and top industry bodies forecast falling demand because of the global economic slowdown. However, prices recovered somewhat on Friday,
      ■AFP  -  407 words
    • Article
      Lock icon Asian units mixed against dollar
      401 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended the week mixed against the dollar after a major economic stimulus unveiled by Washington disappointed. Japanese yen: The yen held steady in the past week, supported by continued demand for the safe-haven currency amid renewed disappointment over the
      -AFP  -  401 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1483 6 Source: Thomson Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llgreen Prop perties 2.58 2.58 12 6.05 7.61 0.66 0.48 ,RA Asset Mi 2.00 2.00 2 6.25 6.56 0.66 0.44 ,rmstrong Industrial 1.50
      1,483 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      63 6 Feb 13 VALUE CLOSE IT OB/OS -190.00 +67.0C IT CADI -*****.00 +81.01 IT 10-day MA -*****.00 -19.0' TSE ST Mid Cap 346.42 +3.7 TSE ST Small Cap 282.04 +2.7 TSE ST All Share 408.73 +4.81 TSE ST China Top 182.57 -0.5. TSE ST China 178.97 -0.4! IOB
      63 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 6 VOLUME Golden Agri 464,079,000 Chart SemiCond 220,214,000 Capita Land 199,427,000 Sing Tel 131,714,000 Straits Asia 104,065,000 Cosco Corp 92,441,000 Olam 89,720,000 Noble Grp 89,389,000 Gallant 62,998,000 Keppel Land 58,087,000 VALUE(S) Capita Land 521,810,754 DBS Grp 431,288,053 UOB 428,386,611 Sing Tel 326,640,513 OCBC Bk 168,029,292 Golden Agri 145,870,320
      62 words
    • Article
      Lock icon RISES
      111 6 CLOSE UP 9200 406.7 3.0 LP 10US ICBC Bk5.1%NCPS 100 9340 230.0 2.5 ICBCCai 5.1%NCPS 100 9300 150.0 1.6 DBS Bk6% NCPS 10 9750 90.0 0.9 UOB 5.05%NCPS 100 9590 90.0 0.9 ICBC Bk4.5%NCPS 100 8310 50.0 0.6 MS India 10US$ 763 42.2 3.8 India Ni 10 922 40.0
      111 words
    • Article
      Lock icon FALLS
      101 6 CLOSE DOWN 1850-189.8 -6.4 IMH STXPO 100 1070-120.0 -10.1 Straits Trdi 401 -96.0 -19.3 ISH 990 -75.3 -4.8 lardineC&C 1020 -38.0 -3.6 China H 10US 983 -34.6 -2.3 isia Pac Brew 1000 -30.0 -2.9 QUE 872 -28.0 -3.1 SIA 200 1054 -26.0 -2.4 DBS 500 837 -22.0 -2.6 DBS
      101 words
    • Article
      Lock icon CURRENCIES
      88 6 Where S$ stands Feb 13 %CHNG CLOSE FR Feb 12 YR 2008/2009 S$ LOW S$ HIGH USS 1.5050 0.43 1.5346 1.3457 Euro 1.9437 -0.02 2.2064 1.8640 Pounds 2.1851 -1.65 2.8431 2.0356 0.9963 -1.47 1.3251 0.9068 'en* 1.6446 2.12 1.7278 1.2619 Rupiah* 0 ***** 0.35 0.***** 0.***** Baht* 4.2817 0.43
      88 words
    • Article, Illustration
      Lock icon Most of our portfolios retreat on weak markets
      1692 8  -  TEH HOOI LING IT'S another week of more bad news on the economic front. Meanwhile, the much anticipated bank rescue plan by the US Treasury Department fell short on details, and the market didn't like that. As a result, it was yet
      1,692 words
    • Article
      Lock icon Institutional shareholders account for bulk of trades
      1219 8  -  ROBERT HALILI INSIDE MARKETS Negative sentiment among funds; low insider and buyback turnover By IT was another quiet week by directors in the Singapore market with only seven companies recording 11 purchases worth $220,000 versus one firm with one sale of $840,000 based
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      Lock icon Page 7 Advertisements Column 1
      111 7 Improving lives through advanced technologies. ,',^r SSftb ,^b^ T f p^^sef. c"*t«, fekkrif' Hitachi Transport Systems The hassle-free way to commute. Hitachi's goal is to empower society in every aspect with advanced and eco-friendly technologies. It is this quest that drives Hitachi to develop inspiring innovations to overcome challenges. With
      111 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Incubators get to tap $30m govt grant
      542 9  -  CHEN HUIFEN IDP scheme aimed at helping them improve services to innovative startups By BUDDING entrepreneurs can now look forward to greater help from supporting incubators, with the launch of a $30 million Incubator Development Programme (IDP). The scheme will help incubators and
      542 words
    • Article
      Lock icon Cavern designer seeks China, India projects
      376 9  -  RONNIELIM Chance for Jurong Consultants to export underground skills By JURONG Consultants, which helped design Singapore's planned $1 billionplus underground oil storage facility, is looking for similar opportunities in China and India. "It's still exploratory at this stage but there's interest in building strategic
      376 words
    • Article, Illustration
      Lock icon UK law firm makes S'pore S-E Asia hub
      326 9  -  EMILYN YAP By THE economic slowdown may have disrupted growth for some companies but UK law firm Eversheds LLP is going ahead with expansion plans: it officially launched its Singapore office with the aim of making it the firm's South-east Asian hub.
      326 words
    • Article
      Lock icon JTC scheme eases traffic flow into Jurong Island
      214 9 JTC Corporation has implemented a reversible traffic flow scheme at Jurong Pier Flyover and along Jurong Island Highway to ease congestion on roads leading to Jurong Island. The scheme involves using some lanes in the direction away from the island for in-bound
      214 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      253 9 MM r Macquarie Capital enjoyed a successful year in 2008 despite tough markets. This included winning awards right across Asia and being ranked No.l for IPOs on the Hong Kong Stock Exchange*. At Macquarie Capital, our clients' success is a key priority. We continually work Mapletree Logistics Trust rights issue
      253 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Planning early for life coverage
      916 10 BUYING a life insurance policy is a crucial step in financial planning. Such insurance is a long-term commitment that provides financial coverage to the policyholder or his beneficiary in the event of unforeseen circumstances such as critical illness, permanent disability or premature death. It can
      916 words
    • Article, Illustration
      Lock icon Getting the better of curveballs
      798 10  -  CAMPUS LIFE KIRTI CHOPRA ABHISHEK PRAKASH, MUTHURAMAN GANESAN and SHEKHAR BANKA made up an NUS Business School team in a prestigious business case competition in Beijing recently. They say they had a ball HERE we were in Beijing last month, as the only ones from
      798 words
    • Article
      Lock icon Be smart with your finances
      204 10 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
  • Page 10 Advertisements
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      46 10 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • FINANCIAL CRISIS
    • Article, Illustration
      Lock icon Fund managers still your best bet
      1428 11  -  Even in a downturn, having a good steward for your investments is the way to go, argues DAVID LEE DURING Medieval times, lending money on interest was considered a mortal sin for Christians. Money lending was a philanthropic activity in a poor community whose
      – '■>• ■ ■ v I AP  -  1,428 words
  • Page 11 Advertisements
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      853 11 Why DBS Singapore STI ETF. Cash subscription at any DBS/POSB ATMs! When you invest in our stock-based, index-tracking STI ETF, Initial Offer Period: 12-18 Feb 2009 (12 noon) you invest in the collective creativity, soundness and growth Applications can be made through dbs/posb atms or potential of a select basket
      853 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Guarding against protectionism
      2812 12  -  THIS WEEK'S TOPIC Will the global economic slowdown spur an increase in trade protectionism? What forms will this protectionism take, and what can be done to help businesses here cope with the threat? Teng Yeow Heng Michael Managing Director Corporate Turnaround Centre Pte Ltd I BELIEVE that
      AP  -  2,812 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Not your usual Korean cuisine
      579 14  -  Cheah Ui-Hoon NEW RESTAURANT Sarang #02-02 87 Science Park Drive, Science Hub. Singapore Science Park 1 Tel: 6773-1322 CRYSTAL Jade's Korean restaurants had better keep an eye out for Sarang, which is trying to emulate what the Chinese restaurant group is doing. That is, serving
      579 words
    • Article, Illustration
      Lock icon The flour items here will really floor you
      515 14  -  Audr&y Phoon NEW RESTAURANT Spices of India #01-01 Rendezvous Hotel 9 Bras Basah Road. Tel: 6333-5372 PUT the team behind Spices of India together and you get a mini United Nations: the chefs are from Nepal and India, the young artist behind
      YEN MENG JIIN  -  515 words
  • Page 14 Advertisements
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      2190 14 w WATS X^l V^r J_ J-^^«> A-/ L- Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Tl In The Matter of ©LASSETERS INTERNATIONAL HOLDINGS LIMITED Z22ESJSE2SEZSE SL in the matter of the^companies act, cap.so TheCo^AcMCh^o] Company No. *****2223 M OCBC CYCLE SINGAPORE 2009 IN THE MATTER OF HOCK SENG DISTRIBUTION PTE LTD
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  • ECONOMY WATCH
    • Article
      Lock icon Some SWF funds backed local stimulus packages
      526 15  -  ARTHUR SIM Survey shows 70% not investing in equities now but will do so in H2 By [SINGAPORE] Some sovereign wealth funds (SWF) are seeing their cash sources diverted by the need to support local financial stimulus packages in their own regions or
      526 words
    • Article, Illustration
      Lock icon Unemployment surges worldwide
      882 15 -NYT UNEMPLOYMENT Global job losses could hit 50 million by the end of 2009, says the ILO [PARIS] From lawyers in Paris to factory workers in China and bodyguards in Colombia, the ranks of the jobless are swelling rapidly across the globe. Worldwide job losses from the
      -NYT; XINHUA  -  882 words
    • Article, Illustration
      Lock icon Money markets still not ready to nurture economy
      772 15 -Reuters Banks remain laden with dubious debts they accumulated [LONDON] Bank-to-bank lending, the lifeblood of the financial system, has made only a partial recovery from a seizure that paralysed money markets and still lacks the strength required to nurse economies back to
      -Reuters  -  772 words
    • Article
      Lock icon Stimulus packages may hurt Asia's ratings
      757 15 Reuters [HONG KONG] Asia's economy-boosting spending spree will weaken national balance sheets across the region, with India, Vietnam and Malaysia most likely to suffer rating downgrades as their debt and fiscal deficit levels are already high. Credit markets, however, are not expected to punish
      ■ Reuters  -  757 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Proper pump priming, please
      577 16  -  S JAYASANKARAN MALAYSIA INSIGHT Govt spending should be on infrastructure projects that promise the greatest multiplier effect ON March 10, Deputy Prime Minister Najib Razak, who is also Finance Minister, is expected to table a mini-budget and announce additional spending of close to RMIO billion (554.2
      577 words
    • Article, Illustration
      Lock icon Aceh aims to attract investment to replace aid
      370 16 Reuters [JAKARTA] Indonesia's Aceh, rich in resources ranging from coffee to natural gas, aims to lure more investment now that the state agency tasked with rebuilding after the 2004 tsunami is set to close, its governor said last Friday. The province is
      Reuters; AP  -  370 words
    • Article
      Lock icon Selangor offers RM5.18b buyout of 3 water firms
      451 16 [KUALA LUMPUR] Three water companies in Selangor have been offered a combined RM5.18 billion (552.17 billion) to give up their assets and concessions to the state government, says a report in Malaysia's Business Times. Gamuda Bhd's 30 per cent owned Syarikat Pengeluar
      451 words
    • Article
      Lock icon BURSA MALAYSIA
      2168 16 :eb13 RM C000) \&M Realty 0.29 \bricBhd 0.24 \dvance Synergy ....0.08 \dventa Bhd 0.82 \eMulti Hldgs 0.14 \ffin Holdings 1.30 \hmad Zaki Resou ..0.48 \ic Corp 0.48 \irasia Bhd 0.95 \kn Technology 0.12 Mliance Financi 1.90 Muminium Co 0.80 Amalgamated Ind ..0.29 \mmb Hldgs Bhd ...2.43 \mtel Holdings
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      44 16 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experi* ofsomeofthemo: influential thinke corpc the age f* af "'rf,' I^^ *V; -X <%, M WT W IF %< Raffles Conversations V^\<^\ %^^^> A collection from The Business Times Available at all leading bookstores %%J%%.\%
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China eyes resources security with Rio Tinto deal
      670 17 -AFP, Reuters Analysts say it is taking advantage of downturn to acquire overseas assets [BEIJING] China's record investment in a foreign firm has underlined the nation's drive to get more control over the natural resources that have helped fuel its rapid rise,
      -AFP, Reuters; ::AFP  -  670 words
    • Article
      Lock icon Xinhua blasts 'Buy American1 requirement
      284 17 Xinhua blasts 'Buy American 1 requirement Reuters [BEIJING] China's official Xinhua news agency has slammed the "Buy American" requirement of the US economic stimulus package, saying in a commentary that trade protectionism is a "poison" that will harm poor countries. The remarks are the first indication of the reaction in
      Reuters  -  284 words
    • Article
      Lock icon Taiwan Q4 GDP fell 5.6%: economists
      384 17 Reuters [TAIPEI] Taiwan's economy probably contracted by an annual 5.6 per cent in the fourth quarter, the biggest fall on record as exports slumped and consumption was sluggish due to the global downturn, a Reuters poll shows. The median from the survey of 13
      Reuters  -  384 words
    • Article
      Lock icon Satyam to speed up search for white knight
      545 17 Reuters [MUMBAI] Fraud-hit Satyam Computer Services has said that it would accelerate plans to find a suitor after India's market regulator amended its takeover rules, and the chairman of the outsourcing firm said new bidders were likely to emerge. The Securities and
      ■ Reuters  -  545 words
    • Article, Illustration
      Lock icon Henan wheat production not hit by drought: official
      399 17 Reuters [ZHENGZHOU, China] The government of one of China's big farming provinces, Henan, said on Saturday that wheat production will probably not fall despite a widespread drought, adding to signs that damage from the dry spell is so far limited. Liv Mancang,
      – Reuters; REUTERS  -  399 words
    • Article
      Lock icon India could use another rate cut: official
      470 17 Reuters [NEW DELHI] The Indian economy could do with another cut in interest rates as growth remains weak in the opening months of 2009, although the decision was up to the central bank, a key government adviser said last Friday. And ahead of
      ■ Reuters  -  470 words
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  • WORLD
    • Article, Illustration
      Lock icon Group pledges not to distort free trade
      909 18 Reuters G-7 MEETING In a departure from previous statements, it adopts a softened tone towards China [ROME] The G-7 industrial powers, fearing a *****-style resurgence of protectionism, ended crisis talks here on Saturday with a pledge to do all they could to combat
      ■ Reuters; REUTERS  -  909 words
    • Article
      Lock icon UK pushes back Budget to April
      525 18  -  JANE MOIR By in London BRITAIN'S annual Budget is to be announced a month later than usual as finance chiefs grapple with some of the bleakest economic figures on record. Chancellor Alistair Darling is expected to announce a stimulus package in an attempt to
      525 words
    • Article, Illustration
      Lock icon Banker pay caps may hurt more than help
      639 18 -AFP [LONDON] From Britain to the United States and France, political leaders are clamping down on the bankers' bonus culture they say helped cause the credit crunch but some observers warn that this could be counterproductive. The screw-tightening comes amid public fury
      -AFP; AFP  -  639 words
    • Article
      Lock icon Swiss bankers going back to basics
      283 18 -AFP [GENEVA] Swiss bankers are going back to the basics of cosy and discreet relationships with their clients after disastrous forays into the brash and boastful world of American investment banking, analysts say. However, the Swiss banking flagships could still be in for a
      -AFP  -  283 words
    • Article
      Lock icon Opec members struggle to balance budgets
      895 19 Reuters Many have cut their domestic spending in lock step with production [LONDON] Uncertainty about how far world fuel demand and oil prices will fall has made it harder than ever for Organization of the Petroleum Exporting Countries (Opec) members to agree on how
      Reuters  -  895 words
    • Article, Illustration
      Lock icon A stimulus victory for Obama
      1281 20  -  LEON HADAR COMMENTARY Now, even a slight economic improvement in the coming months will raise his clout to ask for more help from Congress F A WASHINGTON political or economic pundit had predicted a year or two ago that the US Congress would pass a
      1,281 words
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      Lock icon US housing bailout plan poses challenges
      789 20 Reuters [WASHINGTON/NEW YORK] A housing rescue plan being considered by the Obama administration could strike at the heart of the credit crisis but its scale, complexity and the potential for controversy poses challenges for policymakers. The plan is due to be announced by US
      – Reuters; BLOOMBERG  -  789 words
    • Article
      Lock icon Stressing over banks' stress test
      425 20 -Reuters [NEW YORK] The US government is devising a "stress test" to cull weak banks, but the prospect of rigorous examination could erode confidence in many institutions and make cleanups even more expensive. Any bank at risk of failing a test of its ability to
      -Reuters  -  425 words
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      2104 19 w WATS _L^l V^/ _I_ J. V^ _Lj l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg pfnra Canadian imperial bank of commerce t§&3 2008 Consolidated Financial Statements y^ (in millions of Canadian dollars) millions, as at October 31 2008 2007 millions, for the year ended October 31 2008 2007 2006
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      191 20 Agriculture USD I j_ T J "I RIC-C 06/02/09 7,07 SGD the natural source fiai»d australian naturopathic beauty £Zjffl2^ Master Franchise F^l!^^ Turn Natural Beauty into Wealth (BBS I Croci Alpha Pairs Sectors USD I Expressions of interest are sought for The Natural Source Master Franchise |jp^gg^|j§ for Singapore. Established
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Air France-KLM cutting 2,000 jobs
      694 21 Bloomberg Carrier posts Q3 loss of 505 m euros on lower cargo volumes and ticket revenues [PARIS] Air France-KLM Group, Europe's biggest airline, said last Friday that it will eliminate as many as 2,000 jobs after lower ticket revenues and dwindling cargo volumes pushed it
      – Bloomberg; FILE PHOTO  -  694 words
    • Article
      Lock icon HK January aircargo volume down 28.9%
      326 21 -AP, Bloomberg [HONG KONG] Hong Kong's international airport has recorded a nearly 30 per cent drop in January cargo traffic from a year ago, while air-passenger volume in China rose the most in a year in the same month. Cargo traffic fell 28.9 per
      -AP, Bloomberg  -  326 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2552 21 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: 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:
      2,552 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 21 '000 CH Offshore 0.28 Chuan Hup Hldgs 0.19 Cosco Corp 0.88 CWTLtd 0.33 Ezra Hldgs 0.69 First Ship Lease 0.39 Freight Links 0.04 Grand Banks 0.63 lava Hold Ltd 0.29 KiVentures 0.14 Keppel Corp 4.19 MTQ Corp unch NOL 1.20 Pacific Shipping 0.16 Pan-United Corp 0.36 Rickmers Mari 0.41
        102 words
      • Article
        Lock icon KLSE
        32 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings unch 8.55 8.65 2.79 2.48 unch unch unch -0.15 0.05 0.06 unch unch unch 29' 62; 66]
        32 words
      • Article
        Lock icon BANGKOK
        12 21 '00 'recious Ship Regional Cont 13.50 7.10 -0.20 -0.20 8441 2198
        12 words
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        Lock icon HONGKONG
        11 21 '000 Doil iingamas Cont 18.30 0.87 0.40 661 0.02 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        21 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.20 11.50 unch unch unch 0.25 unch unch *****: i i
        21 words
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        Lock icon TAIPEI
        25 21 Evergreen Marine ....13.40 :irst Steamship 34.00 /Van Hai Lines 13.70 t'ang Ming Marine 9.32 0.30 1.05 0.20 0.21 1( i 10 6 1 8
        25 words
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        Lock icon TOKYO
        37 21 '000 :awasaki Hvy Ind ..163.00 -2.00 854: :awasaki Kisen 345.00 -17.00 ***** /litsubishi Hvy 303.00 -6.00 ***** /litsui Eng&Sbldg...148.00 -3.00 720! /litsui OsR Lines 547.00 -30.00 ***** lippon Express 314.00 -7.00 467' lipponYusen 441.00 -16.00 1517!
        37 words
    • Article
      Lock icon Caribbean outbound Aframax rates down 32%
      360 21 Bloomberg [NEW YORK] The cost to transport crude from the Caribbean on Aframax tankers fell 32 per cent last week as the number of ships outweighed light demand for voyages. The market had a "quiet week for the long list of ships in the
      – Bloomberg  -  360 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      387 21 CRYPTIC CROSSWORD ACROSS 4 State item that's left around m^Tt m^r\ —hm^ —h^ —I n —l rz —I f; —F 1 bar (8) 8 Leading church proving rig- m 111 I I 9 Vessel old soldier found with time in central area (8) ho i i 10 Bits of paper
      387 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9154 22 Weekended: Feb 13 52-wks Tel |h Low Code Last Sale Vol ('000) Week Last Quote jh Low Buyer Seller Div GrYld C'vr Net P/E M Cap Smil Hi. Com| )an] Hi9 3 3148 STelecom 12.5 3 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30.5 12 5000
      9,154 words
    • Article
      Lock icon SGX CATALIST
      1924 23 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
      1,924 words
    • Article
      Lock icon SGX XTRANET
      71 23 52-Wk Tel h Low Code Last Sale Vol COOP) Week lh Low Last Quote Buyer Seller Div GrYld Cvr Net P/E MCap Smil Hi< Com Hi< ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 335
      71 words
    • Article
      Lock icon CLOB INTERNATIONAL
      75 23 52-Wk Tel High Low Code Last Sale Vol room Week Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E Sinil Comi Hii 86.5 30 6000 AVJennings 12 4 6134 Over&Gen 27 6 6017 StarCruises 248 104 6019 TanChonglnt ...A30 ...A8 .US8 .HK107 -6 unch unch 20
      75 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 23 i Land 2.740 +0.070 iMall 1.300 -0.010 :it' 5.470 +0.070 ■osco Cor| 0.880 +0.010 iBS Gri 8.390 +0.260 :SN 2.900 +0.020 lent Intl 0.445 +0.015 iolden At iri 0.310 +0.005 KLand 2.130 -0.020 IMH 18.500 -0.780 JSH 9.900 -0.400 Jardine CSC 10.200 +0.100 Kei Con 4.190
      111 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 23 Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 9 5 OOP 4 9 5 Manufacturini 49 88 58 15 52 96 73 Commerce 23 26 20 24 33 26 >r/Cc ms 19 17 21 17 Finance 22 22 22 22 Construction 10 Pro]
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 23 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 167.506 167.506 201.616 201.616 Manufacturing 926.372 41.836 968.208 523.830 1.738 525.568 Commerce 255.442 18.090 273.532 281.125 2.517 283.642 ]t/Stor/Comms 401.997 282 402.279 670.767 17 670.784 Finance 176.183 100 176.283 1.183.266 1.183.272 Construction 59.981 950 60.931 4.609 31 4.640 Proi
      115 words
    • Article
      Lock icon STOCKS ASIA
      2777 23 Transaction date: Feb 13 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ eon Stores Angang Steel Anhui Conch Anhuiexpressway Asia Satellite Asm Pacific Bank Of E Asia Beida Jade Bird Beijing Airport Beijing
      2,777 words
  • Page 22 Advertisements
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      18 22 I t'BißK*^Ai!^Bwidg A-Jiiflii ~^3§*'-JS^^|i^H a^ssi^&&s» c/xGcLLcNT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Internet: Http://www.audemarspiguet.com
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      29 23 Insiders'trades. Brokers'recommendations. Dividend table. TUC Dl ICIMECC XllV/ICC The pages also cover transactions by directors and substantial Int DU3IIMC33 I lIVIC3 shareholders. In other words, news you can use.
      29 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb 13 World Index Preliminary 629.0 -0.2 -7.2 -0.3 -4.7 0.1 -8.i EAFE Preliminai 603.4 0.5 -7.0 0.6 -6.5 1.0 -10.1 Euro[ Prelim inan 857.5
      369 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 24 As at 9am Feb 13 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9750 1.0070 .an dollar 1.2060 1.2210 Euro 1.9320 1.9540 NZ dollar 0.7790 0.7970 iterlini ind 2.1420 2.1670 US dollar 1.5000 1.5170 Local dollars to 100 units of foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      173 24 Feb 13 fer Overnight 1/4 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 3/16 US$ Offer 3/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.40 0.58 1.10 1.40 1.85 2.30 2.40 Offer 0.30 0.48 0.80 1.10
      173 words
    • Article
      Lock icon STOCK INDEX FUTURES
      23 24 Feb 13 ten >TI ilMSCI Feb 203.5 208.8 208.0 'aiwan Feb 169.7 175.5 174.6 Source: MF Global (S) He. Ltd
      23 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Feb 13 S! Bid Offer 1-month 1.5059 1.5080 2-months 1.5053 1.5076 3-months 1.5046 1.5069 6-months 1.5036 1.5061 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      194 24 Feb 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Mar09 151.1 Apr 09 152.0 May 09 153.0 Jun 09 154.0 Jul 09 154.5 Aug 09 154.0 149.5 152.0 153.0 154.0 152.2 152.2 151.1 152.0 153.0 153.0 153.0 153.0
      194 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 24 Feb 13 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****H 14.05.09 1-Year BY*****V 02.11.09 0.29 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      103 24 Feb 13 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 09 955.50 968.50 981.50 955.00 May 09 957.75 971.50 983.50 956.50 Jul 09 962.00 976.00 986.50 961.25 Aug 09 950.00 964.00 974.00 950.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 33.00 32.83 33.29 32.54
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      80 24 CRUDE OIL PRODUCTS Feb 12 UDE (FOB origin) US! i /barrel Close Cham Brent blend (1-Mth F) 45.34 -0.82 WTI (Near Mth) 33.99 -2.32 Dubai (1 -Mth F) 43.99 -0.64 Tapis blend 49.25 -1.70 Minas 46.00 -1.10 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 49.45 53.30 1.55 0.70
      80 words
    • Article
      Lock icon INTERBANK CROSS RATES
      461 24 Feb 13 Rm Euro HK! lm Rs Ru Yen Won RM NZ! Pal Rs Peso Ram NT! Bal it Pouni us: Australia 0.821 4.525 0.512 5.133 32.232 78.254 0.604 9.297 2.395 1.252 52.789 31.156 0.998 6.595 0.767 22.536 23.281 0.458 0.662 Canada 1.218 5.510 0.624 6.251 39.251
      461 words
    • Article
      Lock icon SIBOR
      77 24 Feb 13 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 2.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Feb 13 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9967 0.9988 0.6618 0.6623 Canadian dollar 1.2141 1.2160 0.8061 0.8063 Euro 1.9463 1.9494 1.2923 1.2926 NZ dollar 0.7964 0.7979 0.5288 0.5291 Sterlini 2.1775 2.1810 1.4458 1.446: US
      157 words
    • Article
      Lock icon PRECIOUS METALS
      134 24 Feb 13 /oz) Hong Kong London 934.40 941.60 935.40 942.60 Feb 12 Feb 13 943.10 936.15 945.10 937.75 Source: Thomson Reuters CAST BAR (S$) Feb 13 Buying Sellini Kilobar "48,609.03" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS
      134 words
    • Article
      Lock icon LONDON METALS
      69 24 Feb 13 luminium, 99.7% urity (USS/tonne) Close Previous Cash 1341.75 3 months 1377.00 1341.25 1376.00 Copper, Grade A (USS/tonne) Cash 3 months 3392.00 3430.00 3377.50 3415.00 Lead (USS/tonne) Cash 1163.25 3 months 1170.00 1130.75 1139.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.50
      69 words
    • Article
      Lock icon LIFFE
      71 24 Feb 13 COCOA (Btonne) Close Prev Hii ih/Low Mar 09 1928 1926 1932/1914 May 09 1905 1904 1909/1893 Jul 09 1898 1898 1900/1890 SepO9 1890 1890 1895/1880 COFFEE (US$/tonne) Close Pev High/Low Mar 09 1578 1575 1602/1574 May 09 1588 1585 1614/1588 SUGAR (US tonne) White Close Prev High/Low
      71 words
    • Article
      Lock icon PALM OIL
      58 24 Feb 13 lelivery flonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low :eb09 1990 1995 1995 1990 20 *arO9 1940 2012 2013 1940 1831 \pr 09 1937 1995 2000 1931 8516 day 09 1928 1994 1994 1925 3798 Total o/p: ***** contracts Turnover: *****
      58 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      296 24 Feb 13 EURODOLLAR FUTURES Mar09 Jun09 Sep09 Dec09 98.7850 98.7800 98.7800 98.5650 ***** 4863 4483 1844 EUROYEN TIBOR FUTURES Mar09 99.355 99.355 Jun09 99.475 99.475 Sep09 Dec09 99.540 99.540 Mar10 Jun10 Sep10 DedO 99.355 99.475 99.540 99.355 99.470 99.535 99.535 99.495 99.435 99.375 99.330 20 100 *****
      296 words
    • Article
      Lock icon BONDS & WARRANTS
      2400 24 BONDS WARRANTS Fel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left >058 Advance Modules GrpW*****3 6 susp 1 17 156 1.50 42 >036 Advance SCT Ltd W*****9 0.5 1 87 1358 12.00 18 S092 Asia Environment W*****4 0.5 1 221 24.00 6
      2,400 words
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  • Page 25 Advertisements
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      2896 25 m The Business Times Shipping Times fll flPfll flPfljl ■fflffWlffffWWßWf^WSWWf^ flLVil wan hai international pte ltd ueh i*****695m yiiffiMßßi liiK^mnHnpMf^^ I %TTti\ \ki au uai imrr te*****1 sss a4lines) fax:*****163 I^^V H^l^M IJEMllSHaWßMnSß.yi.l>t^i I V\^^l 1 WAN HAI INtj PKL TEL: (03> *****58S FAX: (03) *****28S PEN IEL {04) *****00
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      3496 26 FSVHBEBII^^^I In E EASTERN CAR LINER, LTD I |lj§ 2JS3S& I If-^— i specialize in roro heavy lift UPTO 450 tons~| WEEKLY EXPRESS SAILING SCHEDULE I llUiUiiUUlttfl VOY I Romp(KT) I Lilling(KT) I MNL I SIN 1 PKL LCB )KT I SUR ~l KlaillililiUiUflffllllliliVilSil^^ PCL/PHL SERVICE AMX SERVICE Connecting ECL
      3,496 words
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  • BizIT
    • Article
      Lock icon Singapore IT services to grow by 6.4%: IDC
      812 27  -  AMIT ROY CHOUDHURY Government's mega projects to partly act as stimulus for growth By THE Singapore IT services market is expected to grow by a relatively healthy 6.4 per cent to reach U552.36 billion this year, according to a new study by
      812 words
    • Article
      Lock icon Lack of interest kills several Google products
      423 27 V 7 V7±±*_, UIU VjVj -NYT [MOUNTAIN VIEW, California] Google recently set the blogosphere abuzz by announcing that it was pulling the plug on several products. The victims included Lively, a virtual world that was Google's answer to Second Life; Dodgeball, a mo-bile-phone
      V 7 V7±±*_, UIU VjVj -NYT  -  423 words
    • Article, Illustration
      Lock icon Nokia launches new digital music retail model here
      836 27  -  CHRISTOPHER LIM Its buffet-style service is unique in the market By IT isn't every day that a company encourages you to share downloaded music files, but that's exactly what Nokia is doing with its Comes With Music service, which is targeted to
      836 words
    • Article
      Lock icon Greening the IT infrastructure
      883 27  -  SAL FERNANDO <you say> Green computing is an area firms can explore to minimise expenditure By LEADING companies understand that intrinsic to the management of information growth is the ability to contain associated costs such as energy consumption levels. This is even more imperative given the
      883 words
    • Article
      Lock icon Twitter attracts USs3sm of new venture capital funding
      263 27 Bloomberg [SAN FRANCISCO] Twitter Inc, the Web-messaging service used by everyone from Barack Obama to Britney Spears, raised US$35 million from Institutional Venture Partners and Benchmark Capital, gaining funding to expand products. Benchmark general partner Peter Fenton will join the board, San
      Bloomberg  -  263 words
    • Article
      Lock icon A*Star unit eyes angel investors to fund start-ups
      740 28  -  Exploit Technologies wants to step up efforts to woo stock market-wary investors, reports ONG BOON KIAT THE financial meltdown may have badly burned venture capital (VC) firms, but it does not mean all investment funds have evaporated. Angel, or individual, investors may
      740 words
    • Article
      Lock icon IT professionals need to upgrade skills: Kelly
      481 28  -  AMIT ROY CHOUDHURY By DESPITE the current economic crisis, IT jobs are still available in Singapore but IT professionals and fresh graduates need to improve skill sets or learn new ones in order to stay relevant, according to a top official of recruitment
      481 words
    • Article
      Lock icon Ready to roll: A*Star's new technologies
      250 28 ONG BOON KIAT By FROM the labs of the Agency for Science, Technology and Research (A*Star), here are a sampling of new home-grown technologies and applications ready for commercialisation from Exploit Technologies: Ultra-wideband real-time location system. A solution that provides indoor location-tracking, thus plugging
      250 words
    • Article, Illustration
      Lock icon Adobe CS4 better than the sum of its parts
      670 28  -  CHRISTOPHER LIM <cool stuff> By THE fourth and latest version of Adobe's Creative Suite or CS for short comes packed with improvements to keep the software collection competitive, and to keep both amateurs and professionals productive. CS4 comprises up to 13
      670 words
    • Article
      Lock icon YouTube to renew licensing agreement with Sony
      236 28 Bloomberg [SAN FRANCISCO] You Tube, the video-sharing website owned by Google Inc, renewed a licensing agreement with Sony Corp's music unit, a person familiar with the matter said. The deal, which extends an agreement first struck in 2006, will allow videos of Sony
      Bloomberg  -  236 words
    • <what's up>
      • Article
        Lock icon NEC laptop a combo of beauty and brawn
        80 28 NEC Computers AsiaPacific has launched the Versa SI3OO, a head-turning laptop dressed in pink and finished with curves. This under-2kg laptop also packs considerable brawn: it is able to withstand pressures of up to lOOkgf. It comes with a 2GHz AMD Turion
        80 words
      • Article
        Lock icon Jabra headset blanks out noise
        65 28 HEADSET specialist GN Netcom has launched the Jabra 8T530 USB, a mobile Bluetooth headset with advanced noise cancellation technology and lets users stay connected to two Bluetooth devices, such as a PC and mobile phone. It has a 10m range and up to 5.5 hours
        65 words
      • Article
        Lock icon More punch for Dell's tablet PC
        66 28 DELL has added better performance, security and manageability features to its Latitude XT2 multitouch screen tablet PC. The new XT2 now comes withal.2GHzorl.4GHz Intel Core 2 Duo ULV processor, 12.1-inch display, up to 11.5-hour battery life, Wireless LAN and mobile broadband connectivity options. Weight
        66 words
      • Article
        Lock icon SIA gets new comms platform
        67 28 AIR transport communication and IT solutions vendor SITA has won a contract with Singapore Airlines to install its communications platform. To be rolled out in the coming months, the system will cover over 200 sites in 35 countries. SITA's new network solution facilitates the transmission
        67 words
      • Article
        Lock icon EDS names new Asia-Pac and Japan chief
        37 28 EDS names new AsiaPac and Japan chief HEWLETT-PACKARD unit EDS has appointed Kevin Jones as senior vicepresident of its Asia-Pacific and Japan region, effective immediately. He will report to EDS senior vicepresident and general manager Joe Eazor.
        37 words
      • Article
        Lock icon Social media firm launches in Singapore
        88 28  -  ONG BOON KIAT GERMAN social media website sevenload.com, which hosts usergenerated content such as photos, music and video clips, has launched a localised version for Singapore Web users, at sg.sevenload.com. Similar to video-sharing site You Tube and photosharing website Flickr, sevenload lets users upload
        88 words
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